The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 19th, 2016

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BURAS-TRIUMPTH, LOUISIANA 70041

Buras-Triumph

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

Tangelo Dr Buras LA 70041

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The median real estate price in the Town Center of Buras-Triumph is $62,500, which is less expensive than over 95 percent of all the neighborhoods in the state and nearly 96 percent of all neighborhoods in the country.

The average rental price in Buras-Triumph Town Center is currently $1000 a month, and the average rental cost in this neighborhood is higher than nearly 63 percent of the neighborhoods in Louisiana. Most of the residential real estate is owner occupied.

Buras-Triumph Town Center is a rural neighborhood in Plaquemines Parish, Louisiana, and the residential real estate in the Town Center is primarily made up of medium sized three and four bedroom to small studio and two bedroom single-family and manufactured or modular homes. In addition, the Buras-Triumph Town Center neighborhood stands out for having the majority of its residential real estate made up of manufactured or modular homes. In fact, 60 percent of the occupied real estate is manufactured or modular homes.

Many of the residences in the Town Center neighborhood are newer, built in 2000 to present day, while a number of residences were also built between 1940 and 1969. Furthermore, homes built from 2000 through today make up a higher proportion of the Buras-Triumph Town Center neighborhood’s real estate landscape than over 98 percent of all the neighborhoods in America. When you are driving around this neighborhood, you’ll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, over 69 percent of the residential real estate here is classified as newer.

Buras-Triumph Town Center has a vacancy rate of nearly 14 percent, which is above average compared to other neighborhoods nationwide.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 fair, however, it’s equally important to learn all you can about any neighborhood you plan to call home.

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers, but the Buras-Triumph Town Center neighborhood truly stands out among other neighborhoods in America. This neighborhood has a greater proportion of residents working in the commercial fishery than 99 percent of all other neighborhoods in America, and a unique cultural characteristic of this neighborhood.

One of the most interesting things about the Buras-Triumph Town Center neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America with over 51 percent of the households here made up of people living alone.

Buras-Triumph Town Center is a great neighborhood for first-time home buyers to consider. Most homes here are priced below the state’s median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Louisiana.

Your future neighbors in the Buras-Triumph Town Center neighborhood earn middle class incomes, and this neighborhood has a higher income than nearly 43 percent of all the other neighborhoods in America.

The recent census placed the population of Albany well within their maximum limits set by the USDA, and according to the census, many, if not all of this area could be eligible for government insured zero down payment home loans. A product designed to assist modest to middle class income earning home buyers in rural and semi-suburban areas for obtaining home ownership. 

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 Buras-Triumph Town Center neighborhood, over 32 percent of the working population is employed in manufacturing and laborer 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 25 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at more than 20 percent, and nearly 12 percent in clerical, assistant, and tech support occupations.

Each neighborhood has its own culture derived primarily from the ancestry, and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly, on the ethnicity and ancestry of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Town Center neighborhood of Buras-Triumph, Louisiana, residents most commonly identify their ethnicity or ancestry as Asian or French at nine percent. There are also a number of people who claim Brazilian or Italian roots at around four percent. Some of the residents are also of German ancestry residents at nearly three percent, while over one percent has Yugoslav ancestry, 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 Buras-Triumph Town Center neighborhood is English, spoken by 88 percent of households, while nearly five percent speaks Mon-Khmer, the dominant language of Cambodia, followed by Vietnamese.

VISIT OUR GREATER BURAS-TRIUMPH “HOMES FOR SALE” BOARDS

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FIND HOMES THROUGHOUT GREATER BURAS-TRIUMPH LOUISIANA

HUD HOMES FOR SALE IN GREATER BURAS-TRIUMPH LA

USDA RURAL DEVELOPMENT HOMES FOR SALE IN GREATER BURAS-TRIUMPH LA

FIND FORECLOSURES IN GREATER BURAS-TRIUMPH LA

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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

FANNIE MAE HOMEPATH RENOVATIONS

Rebuilding the Dream of Home Ownership

Fannie Mae HomePath has No Mortgage Insurance up to 95% LTV

Up to $35K for Home Improvements, Renovations or a Simple Remodel

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 with your home purchase

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”.

START YOUR PATH TO HOME OWNERSHIP TODAY

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70041 Buras Triumph 

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