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

Veterans Memorial Hwy/Olympic Dr Neighborhood 70003

The Home Buyer’s Korner

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The median real estate price in the Veterans Memorial Hwy/David Dr of Metairie, Louisiana is $138,200, which is more expensive than over 50 percent of the neighborhoods in the state and more than 33 percent of the neighborhoods in the country.

The average rental price in Veterans Memorial Hwy/David Dr is currently $1,100 a month, and the average rental cost in this neighborhood is higher than over 69 percent of the neighborhoods in Louisiana. Most of the residential real estate is renter occupied. 

Veterans Memorial Hwy/David Dr is an urban neighborhood located in Metairie, Louisiana, and residential real estate is primarily made up of small studios and two bedroom to medium sized three or four bedroom apartment and other multi-family housing options like condominiums, town homes, and duplexes. One of the really unique and interesting things about the look and setting of the Veterans Memorial Hwy/David Dr neighborhood is that it is almost entirely dominated by apartment complexes with nearly 89 percent of the residential real estate here is classified as multi-family. This neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood nationwide.

Many of the residences in the Veterans Memorial Hwy/David Dr neighborhood are established, but not old, having been built between 1970 and 1999, while a number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a fact of life in the Veterans Memorial Hwy/David Dr neighborhood, and the current real estate vacancy rate here is nearly 22 percent. This is higher than the rate of vacancies in 87.4% of all U.S. neighborhoods. To learn more about this neighborhood’s vacancy rate and its effect on your home buying or selling options, consult your real estate agent.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular flair, and why it’s important to learn all you can about the neighborhood you plan to call home.

One of the most interesting things about the Veterans Memorial Hwy/David Dr neighborhood is that it has a greater concentration of singles who live alone than almost any other neighborhoods in Metairie.

Your future neighbors in the Veterans Memorial Hwy/David Dr neighborhood in Metairie earn modest incomes, and this neighborhood has an income lower than over 94 percent of any other neighborhoods in America.

In the Veterans Memorial Hwy/David Dr neighborhood, nearly 43 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with more than 23 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at nearly 21 percent, and over 13 percent in clerical, assistant, and tech support occupations.

Culture is the shared learning behavior of peoples. Undeniably, different ethnicity and ancestry have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicity or ancestry will express those cultures. 

In the Veterans Memorial Hwy/David Dr neighborhood of Metairie, Louisiana, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African or Asian at nearly seven percent. Some of the residents are also of French or Italian ancestry at six percent, while around one percent claim Lebanese roots, among others. In addition, nearly 20 percent of the residents of this neighborhood were born in another country.

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 Veterans Memorial Hwy/David Dr neighborhood is English, spoken by nearly 77 percent, and three percent speak Urdu, the national language of Pakistan. Other important languages spoken here include Spanish and Tagalog, the first language of the Philippine region, and South Asian languages.

VISIT OUR JEFFERSON PARISH “HOMES FOR SALE” BOARDS

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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.

To print this document click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

have the option to “Create A Printable PDF of the Presentation”.

Find Homes in Metairie Neighborhoods

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COUNTRY CLUB HOMES COURTLAND HEIGHTS COURTLAND PARK Darlene Court DELIMON PLACE Elmeer Place Elmwood Elmwood Lafreniere Elmwood Park Fat City Friedrichruhe Gilmore GILMORE PLACE Green Acres Gulf View Harlem HARLEM PARKWAY Harlem Subdivision Hessmer Farms HIGHWAY PARK Holmes HOLMES PARK NO 2 Ingleside Heights Kim Leslie PK LA MAISON CONDOS Lake Breeze Lake Drive Lake Villa Lake Vista LAKE WHITNEY EAST LAKESHORE Lighthouse Square Little Farms LIVINGSTON PARK LIVINGSTON PLACE Loumar Lynn Park MA Green Manded Downs MANED DOWNS Maple Ridge Maple Ridge Park Marguerite Place Melroy Court Met Club Gardens Metairie Club Estates Metairie Club Garden METAIRIE CLUB GARDENS Metairie Court Metairie Lawn Metairie Ridge Metairie Ridge/Nursery Sqs Metairie Terrace Metairie Towers Metairie Villa METAIRIEVILLE Morningside Park Morningside Park Square NEYREY PARK Oaklawn Oakridge Park Old Homestead OLD MET TOWNHOMES Old Metairie ONE METAIRIE PLACE Orlando PAILET PLACE Palm Vista Park Manor Park Manor 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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