The Home Buyer's Korner

Information presented should be used for educational purposes only.

December 28th, 2016

 Guy looking up in color

GREATER METAIRIE LOUISIANA

Bissonet Plaza Neighborhood 70003

The Home Buyer’s Korner

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The median real estate price in the Bissonet Plaza neighborhood of Metairie, Louisiana is $214,400, which is more expensive than nearly 83 percent of the neighborhoods in the state and almost 57 percent of the neighborhoods in the country.

The average rental price in the Bissonet Plaza area is currently $1,500 a month, and the average rental cost in this neighborhood is higher than over 94 percent of the neighborhoods in Louisiana. Most of the residential real estate is owner occupied. 

Bissonet Plaza is an urban neighborhood located in Metairie, Louisiana, and residential real estate is primarily made up of medium sized three and four bedroom to large (four, five or more bedroom single-family homes. Some neighborhoods are made up of apartments. Some consist of row houses, and by far, most consist of a mixture of housing types. The Bissonet Plaza neighborhood however, stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. Many of the residences in the Bissonet Plaza neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were also built between 1970 and 1999.

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. After the end of World War II, as GIs came home, they bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the ‘Baby Boom’ generation of 1945 to 1964, and many baby boomers grew up in homes built in this era. What is interesting about the Bissonet Plaza neighborhood, is that an incredible nearly 90 percent of the homes here were built in this era. When you walk its streets or drive through this neighborhood you will see the look and feel that harkens to that era in American life, a very important slice of Americana.

The current vacancy rate in the Bissonet Plaza neighborhood is under one percent, and the housing supply in the Bissonet Plaza neighborhood is very tight compared to the demand. To learn more about this neighborhood’s vacancy rate and its effect on your home buying or selling options, consult your real estate agent.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its flair. Some places look the same, but they only reveal their true character after living in them for a while, and why it’s important to learn all you can about the neighborhood you plan to call home.

The Bissonet Plaza neighborhood is great choice for executive lifestyles, based on the wealth, and the number of educated professionals, executives, and managers who choose to live here. Furthermore, you will find spacious homes that are prominent features of the real estate in the neighborhood, and this neighborhood has shown a high real estate appreciation rate relative to other neighborhoods in the state.

Your neighbors in the Bissonet Plaza neighborhood of Metairie earn upper middle class incomes, and this neighborhood has a higher income than over 75 percent of the neighborhoods in the country.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Bissonet Plaza neighborhood, over 44 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at over 20 percent, and 12 percent in manufacturing and laborer occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand. Places with concentrations of people of one or more ancestry often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Bissonet Plaza neighborhood of Metairie, Louisiana, residents most commonly identify their ethnicity or ancestry as French or German at over 24 percent. There are also a number of people of Irish roots at more than 21 percent. Some of the residents are also of Italian ancestry at over 18 percent, along with some English ancestry residents at about seven percent, while over one percent have Lebanese roots, among others.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Bissonet Plaza neighborhood is English, spoken by nearly 88 percent of households, and over two percent speak Greek. Other important languages spoken here include French and Spanish.

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LOUISIANA HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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Find Homes in Metairie Neighborhoods

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Addition Ponchartrain Shores Point Gardens Pontchartrain Gardens Pontchartrain Shores Pontchartrain Shores Addition PONTE VISTA Richland Gardens RIDGELAKE Ridgeway Terrace Ridgeway Trace RIVAGE Rosedale Park Rosedale Plantation Savannah Ridge Severn Place Seville Square Condominium Shrewsbury Suburban Villas Trudeau Parkway Westgate Westgate Annex WHITNEY HEIGHTS Whitney Heights Sub Williams Court Willowdale Wilshire Heights Woodland Acres Woodridge 70003 Elm St Napoleon Ave Montgomery Ave Arlene St Mason Smith Avenue Ivy St Zuma Ave Zuma Avenune Lafreniere St Balter St Colony Pl Bell St 25th St York St Dalton St BRYANT Dr Wilker Neal Ave Grove Ave Winifred St Fulton St Faye Ave New York Ave Canberra Ct Mitchell Ave Laurel St Aleatha St Wabash St Parkaire Dr Meadow St Suzanne Pl Little Farms Ave Frankel Ave Chopin Ct Waco St Bengal Rd Waldo St Monett St Trefny Ave Ingrid Ln Blair St Starrett Rd Brentwood Dr Amanda St Akron Ave Jay St Monette St Lester Ave Howard Ave Lair Ave Shirley St Trudeau Dr Sadie Ave Veterans Blvd Cummins St green acres Wytchwood Dr Linden St Bridget St Elmwood St Sandra Ave Chaldron St Dilton St Minnesota Ave Bern St Cathy Ave Dona Ave Jean St 26th St Pilgrim St Colony Rd Donald Ct Cortez St Soldier St Berne St Mercury Ave Blanche St Kevin Dr Lark St Yale Ave Hackett St Bullard Ave Beron Dr Meadow St Summit St Concord Ave Milan St Maryland Ave Simon St Christine St Rosalie Ct Curry Ct Reno St CUMBERLAND ST Dearborn Ave Westgate St Roberta St Dumonte St Laurel St Verna St Phillip St Sells St Oakgrove Dr Van Buren Ave Jessica St Quincy St Oxford St Richard St Nevada St Loraine St Karen St Pierce Ave Cammie Ave Crawford St Howard Ave Lester Ave Leonard Ave Hymelia Ave Sells St Princeton St Carmen St Wilson Ave Melanie Ave Fairfax Ave Elise Ave Desoto St Henry Landry Ave Donnaway St Ridgefield Dr Riviere Ave Merle St Frankel Ave Elizabeth Ave Macon St 27th St Montana Ave MONTANA AVE Marcie St Mason Smith Ave Oriole St Maine Ave Eisenhower Ave Versailles Ave Longwood Dr Tugie St Millie St Condon Ave Albert Ct Boutall St Aero St Dilton St Bellingham Pl Aetna St Elm St CEDAR GLEN DR Wilson St Airline Hwy Orlando Dr Massachusetts Ave Olga St Buras Ave Park Manor Dr Linwood Ave Cardinal Ave Nora St Kathleen Ave Richmond Dr Weston St Marcie Ave 24th St Grand Dr Dimaggio Pl Elizabeth St Madewood Dr Morris St Atom Ave Bengal Rd Drury St Myrtle St Rose bank Dr Nebraska Ave Gladys St Cynthia Ave Abadie Ave Atlanta St Upland Ave Sheldon St Lucille Ave Market St Amhurst St Fairlane Dr Cynthia Dr Mississippi Ave Glenn St Waldo St Laux Manor Dr Camphor St Margie St Darlene Ave Lynnette Dr Ridgefield Faun St Missouri Ave Rickey St Grove Ory St Flagler St Sibley St Hodgson Ave Marguerite Rd Upland Ave Boone St Dunn St Auburn Ave THIRBA ST Disney Dr Warsaw St Elise Ave Kenwood Ave Mistletoe St Melroy Ct Arthur St Vegas Dr Sibley St Ruth St Peggy Ave Jade Ave Morton St Francis Ave Hall Ave Rickey St Stanford Ave Airline Dr Judith St Airline Park Blvd Cumberland St Caribou Ct Cleveland Ct James Dr Leslie St Cleveland Pl Gillen St Rebecca Blvd Club Dr Tartan Dr Irving St Minnesota Ave Elmwood Pkwy Academy Dr Rosalie Ct This House Is For Rent Bissonet Dr Wheeler Dr Chetta Dr POWER BLVD Purdue Dr Wheeler Lake Trail Dr Bruin Dr Reclanada Dr Jeannette Dr Apollo Dr Page Dr Wilson Dr Henican Pl David Dr Virginia Pl Waverly Pl Green Acres Ct Colony Pl Flower Dr Senac Dr Nouveau Ln E Nouveau Ln W Ackel St Alexander Dr Wade Dr Green Acres Rd CARNIFIX CT Kawanee Ave VETERANS BLVD 33rd St Veterans Memorial Blvd Purdue Dr Palm Vista Dr Riverside Dr Loveland St Burke Dr Stonia Rd Blanke St Glendale St Schouest St Avron Blvd Pike Dr Page Drive Michigan Ave Hastings St Craig Ave Robeline Dr Esplanade Ave Meadowdale St Davis Dr Yale St Craig Asher St Wilty St Pike Dr Caryota Dr Alexander Dr Toby Ln Ithaca St Tartan Dr Washingtonian Dr Janice Ave 

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