The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 15th, 2016

Guy looking up in color

GREATER CHALMETTE, LOUISIANA

Chalmette 

 Town Center 70443 Neighborhood

The Home Buyer’s Korner

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W Josephine St Chalmette LA Homes 70043

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The median real estate price in the Town Center of Chalmette is $131,225, which is more expensive than 48 percent of the neighborhoods in Louisiana and nearly 34 percent of the neighborhoods in the country.

The average rental price in Chalmette Town Center is currently $850, and rents here are currently lower in price than over 58 percent of neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters

Chalmette Town Center is a suburban neighborhood located in Chalmette, Louisiana, and the residential real estate in the Town Center of Chalmette, Louisiana is primarily made up of small studios to two bedroom and medium sized three or four bedroom single-family homes and multi-family housing options like condominiums, town homes, duplexes, and apartments. 

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes; such building types define the real estate of neighborhoods dominated by small two, three, and four unit buildings. Many are in older core neighborhoods of the New Orleans metro area. If you’re romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Chalmette Town Center neighborhood worth a closer look. This neighborhood is an outstanding example of the dominance of small two, three, and four unit buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood’s real estate stock. In fact, over 38 percent of the real estate here is made up of such dwellings.

Many of the residences in the Town Center neighborhood are newer, built in 2000 or more recently, while a number of residences were built between 1970 and 1999.

The Chalmette Town Center has a vacancy rate over 14 percent, which is above average compared to other neighborhoods in the country. To learn more about this neighborhood’s vacancy rate and its effect on your home buying and 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.

With a nice mix of college students who already live here, safety from crime, and decent walkability, the Chalmette Town Center neighborhood is a college student friendly neighborhood to live, and one that college students and their parents might want to consider.

Your future neighbors in the Town Center neighborhood of Chalmette earn modest to middle class incomes, and this neighborhood has an income lower than nearly 74 percent of all the neighborhoods across the country.

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. 

In the Chalmette Town Center neighborhood, nearly 34 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 almost 33 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at about 21 percent, and almost 13 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 Chalmette, Louisiana, residents most commonly identify their ethnicity or ancestry as German at nearly 15 percent. There are also a number of people of French or Mexican ancestry at over 13 percent. Some of the residents are also of English or Italian ancestry at over nine percent, among others. Furthermore, 10 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 Chalmette Town Center neighborhood is English, spoken by over 84 percent of households, while nearly three percent speak Vietnamese. Other important languages spoken here include Spanish.

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FIND HOMES THROUGHOUT GREATER CHALMETTE LOUISIANA

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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.

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