The Home Buyer's Korner

Information presented should be used for educational purposes only.

December 22nd, 2016

 Guy looking up in color

GREATER METAIRIE LOUISIANA

W Esplanade Ave S/Severn Ave Neighborhood 70002

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

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The median real estate price in the W Esplanade Ave S/Severn Ave neighborhood of Metairie, Louisiana median is $327,400, which is more expensive than over 95 percent of the neighborhoods in the state and 75 percent of all then neighborhoods in the country.

The average rental price in W Esplanade Ave S/Severn Ave is currently $1,200, and the average rental cost in this neighborhood is higher than 79 percent of the neighborhoods in the state. Most of the residential real estate is occupied by a mixture of owners and renters.

W Esplanade Ave S/Severn Ave is a suburban neighborhood located in Metairie, Louisiana and real estate is primarily made up of small studio and two bedroom to medium sized three or four bedroom single-family homes, and other multi-family housing options like condominiums, town homes, duplexes, and apartments. Many of the residences in the W Esplanade Ave S / Severn Ave 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.

W Esplanade Ave S/Severn Ave has a vacancy rate over 11 percent, which is above average compared to other neighborhoods across the country. 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.

In the W Esplanade Ave S/Severn Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago, and the neighborhood, more than almost anyother has new residents from other areas.

Your future neighbors in the W Esplanade Ave S/Severn Ave neighborhood of Metairie earn middle class income, and this neighborhood has a higher income than 56 percent of the neighborhoods in America.

In the W Esplanade Ave S/Severn Ave neighborhood, over 46 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 nearly 24 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at almost 19 percent, and more than 11 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 W Esplanade Ave S/Severn Ave neighborhood of Metairie, Louisiana, residents most commonly identify their ethnicity or ancestry as German at over 20 percent. There are also a number of people of French ancestry at nearly 15 percent, and residents who report Italian roots at about 13 percent. Some of the residents are also of Asian ancestry at more than eight percent, along with some Arab ancestry residents at nearly six percent, while three percent have Greek ancestry, among others. Furthermore, nearly 24 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 W Esplanade Ave S/Severn Ave neighborhood is English, spoken by nearly 73 percent of households, while nearly four percent of households speak Arabic. Other important languages spoken here include Spanish and Vietnamese.

VISIT OUR JEFFERSON PARISH “HOMES FOR SALE” BOARDS

Livingston Homes for Sale

FIND HOMES THROUGHOUT JEFFERSON PARISH

HUD HOMES IN JEFFERSON PARISH

USDA RURAL DEVELOPMENT HOMES IN JEFFERSON PARISH

FIND FORECLOSURES IN METAIRIE, JEFFERSON PARISH

FIND MORE FORECLOSURES IN METAIRIE, JEFFERSON PARISH

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

70002 FNMA HomeStyle FNMA My Community Mortgage FHA One-Time Close Construction Portfolio or VA home loan Homes for Sale REO Short Sales FNMA HomePath Properties HUD Homes USDA Homes Condominiums Co-Ops Townhomes Manufactured Homes Modular Homes Mobile Homes Log Homes Second Homes Investment Property 2-4 Family Custom Home Builders Custom Built Homes General Contractors Home Improvement Experts Kitchen & Bathroom Renovations Real Estate Brokers & Agents Mortgage Lenders Federal Credit Unions Community Bankers Real Estate Auction CDPE METAIRIE SUBDIVISIONS AIRLINE PARK Airline Park N Airline Park North Beau Lac Bellevue Belmont Park & Place BETZ PLACE Beverly Garden BEVERLY GARDENS Beverly Hills Beverly Knoll Beverly Knoll Suburb Bissonet Plaza Bonnabel Place Bonnabel Place Square Bonnabel Square Bonnie Park Bridgedale BROCKENBRAUGH CT Brockenbraugh Ct Extension BUCKTOWN CANAL STREET S/D Causeway Terrance Cecil Park Chateau Park Cinarron Ct Cleary Subdivision Cottam Park Country Club 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 70002 Sanford St 26th St Belmont Pl Rye St 27th St Jodie Pl I 10 Service Rd W Rye St Pontiac St Rye St Metairie Lawn Dr Bunkerhill Dr Brandywine Dr Lexington Dr Division Veterans Memorial Blvd Barron St Whitney Pl Athania Pkwy Orris Ln metairie lawn drive 22nd St Metairie Lawn Dr I 10 Service Rd E 25th St VETERANS BLVD Trenton St Barbara Pl Simone Garden St Grace King Pl Turnbull Dr Shellie St Nursery Ave Fairfield St Ridgeway Dr Stefano St Uri St 12th St Esplanade Ave S Taft Park Scofield St Lake Villa Dr 17th St Peoples St Lakeshore Dr Rue Chardonnay Jean Pl Boisdore St 6th St Newlands St Napoli Dr 21st St Rue Emilion SARATOGA DR Rue Laurent Labarre Rd Miller Ln Rue Rachele Acadia St Rue Royale 3rd St Ashley Ct Onley St Ridgelake Dr Marion Ave Beverly Garden Dr Virginia Dr 20th St 4th St Bellview St Rue Chardonnay Street Melville Dewey Dr Esplanade Ave N Esplanade Ave S Olney St Woodland Ave Tolmas Dr 16th St N CAUSEWAY BLVD Edenborn Ave Lake Villa Dr Era St Jodie Clifford Dr Ridgelake Dr Mouton St Courtland Dr Rockford Hts Diane Pl W. Esplanade Ave 9th St New St Kawanee Ave Art St Haddon St Richland Ave Pharr St 5th St Cleary Ave Richland Ave 7th St Southshore Dr Wanda Lynn Dr Arnoult Rd Loveland St Hessmer Ave 8th St Berot St Carthage St Lake Dr Metairie Ct Lakewood Dr Metairie Heights Ave Glendale St 14th St Ashley Court Tara Pl Jasper St Oak Aly Sheridan Ave Ferran Dr Hastings St Division Stefano St Neyrey Dr Olney St 19th St Division St Esplanade Ave Esplanade Ave N Alan St Meadowvale St Yale St Jurgens St Hullen St Jodie St Arnoult Rd Beau Lac Ln Danny Park 15th St Wheat St Severn Ave Rivage Ct Ithaca St Gary Mikel Ave Cleary Avenue Chateau Dr Nero St 18th St Melody Dr Arnoult Rd Marseilles Pl  

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