The Home Buyer's Korner

Information presented should be used for educational purposes only.

June 2nd, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Algiers

General Degaulle Dr/Sandra Dr 70114 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Vaspasian Blvd New Orleans LA 70114

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The median real estate price in the General Degaulle Dr/Sandra Dr (Algiers – Behrman – Park Plaza – Prosper Plaza) neighborhood of New Orleans, Louisiana is $99,150, which is less expensive than over 72 percent of all the neighborhoods in the state and more than 80 percent of all neighborhoods in the country.

The average rental price in the General Degaulle Dr/Sandra Dr neighborhood is currently $1,025 a month, and the average rental cost in this neighborhood is higher than nearly 67 percent of the neighborhoods in Louisiana. Most of the residential real estate is renter occupied.

General Degaulle Dr/Sandra Dr is an urban neighborhood located in New Orleans, Louisiana and residential real estate are primarily made up of medium sized three and four bedroom to small studios or two bedroom multi-family housing options like condominiums, town homes, duplexes, and apartments.  With nearly 24 percent of the homes and real estate here classified as row houses or other attached homes, this neighborhood brims with opportunity to find the right place for you.

Many of the residences in the General Degaulle Dr/Sandra Dr neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Vacant homes and apartments are a major fact of life in the General Degaulle Dr/Sandra Dr neighborhood and the current real estate vacancy rate here is over 41 percent. To learn more about this neighborhood’s vacancy rate and its effects on your home buying or selling option, consult your real estate agent.

Single parenting is hard. But you don’t have to tell the General Degaulle Dr/Sandra Dr neighborhood about it, with over 24 percent of this neighborhood’s households ran by single mothers. For those moms looking to get ahead, consider home ownership with the FNMA My Community MortgageFHAFHA 203K, or FNMA HomeStyle Renovation loan programs. These home financing tools could be one of the best things you could do for your family.

The General Degaulle Dr/Sandra Dr neighborhood has a nice mix of college students, and rates well for a college student friendly place to live, which is one that college students may want to consider.

American households most often have a car, and regularly they have two or three. But households in the General Degaulle Dr/Sandra Dr neighborhood buck this trend, where over 24 percent of the households in this neighborhood don’t own a car at all and public transportation is a viable choice to use.

Your future neighbors in the General Degaulle Dr/Sandra Dr neighborhood in New Orleans earn modest incomes, and this neighborhood has an income lower than over 97 percent of all neighborhoods nationwide. 

In the General Degaulle Dr/Sandra Dr neighborhood, nearly 46 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 almost 28 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at over 17 percent, and more than nine percent in executive, management, and professional occupations.

Each 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 General Degaulle Dr/Sandra Dr neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as Asian or  Sub-Saharan African at nearly 10 percent. There are also a number of people of residents who report Mexican roots at over eight percent. Some of the residents are also of Dominican ancestry at nearly three percent, along with some Cuban ancestry residents almost two percent, among others. Additionally, more than 19 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 General Degaulle Dr/Sandra Dr neighborhood is English, spoken by nearly 72 percent of households. Other important languages spoken here include Vietnamese, which is spoken by nearly eight percent of households, followed by Spanish.

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Algiers – Behrman – Park Plaza – Prosper Plaza

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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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START YOUR PATH TO HOME OWNERSHIP TODAY

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70114 Algiers – Behrman – Park Plaza – Prosper Plaza

70114 Algiers PointWestbank Expy Hermosa St Anson St Ricks Pl Florence Dr Slidell St De Armas St Macarthur Blvd Bouny St Holiday Dr Caesar Dr Halsey Ave Delaronde St VESPASIAN ST Hendee St Monplaiser Pl Belleville St Whitney Ave Sumner St Elmwood Park Dr Odeon Ave Holiday Pl Park Blvd Idaho St Jo Ann Pl Kansas St Elizardi Blvd Atlantic Ave Evelina St Americus St Leboeuf St Olivier St Baldwin Woods Rd Oregon St Columbus St Alix St Gallatin St Verret St Indiana St Wabash St Easter Ln Nevada St Lavergne St Wall Blvd Patterson Dr Old Behrman Hwy Pacific Ave Utah St Morgan St Shepard Ct Pinewood Ct Diana St General Collins Ave General Degaulle Dr Vespasian Blvd Southlawn Blvd Shalett St Pelican Ave Semmes St Murl St Alix Elmira Stre Kraft Pl Bermuda St Morgan St Vallette St For Rent Only Amazon St General Meyer Ave Cypress Acres Dr Westpark Ct Herschel St Pace Michael St Ptolemy St Shade Tree Ln 69TH AVE Elmira Ave Behrman Ave Behrman Hwy Heritage Ln Pelican Ave Memorial Park Dr Tita St Berhman Ave Shirley Dr Carriage Ln Abalon Ct Homestead Dr Valentine Ct Rose Ln SOCRATES ST Springbrook Ln Lees Ln Bringier St Thayer St Westpark Ct Potomac St Richland Rd Opelousas Ave Georgia St Pace Blvd Hero St Homer St Garden Oaks Dr Greenspoint Dr Shepard St Morgan St Gen Collins Ave Erie St Evergreen Ave Flanders St Copernicus St Newton St Camelia Trce Teche St Pacific Ave Homestead Dr Westbend Pkwy Wagner St Abalon Ct Luna St Lauradale Dr 16 Couret Place Nevada Ot Hudson St Seguin St Morgan St Mardi Gras Blvd Arizona St Eliza St Elmira Ave Bounty St Catalina Dr Bodenger Blvd Marr Ave Saux Ln Homestead Dr Elmira St Behrman Pl Seine St Terry St Greenpoint Dr Horace St Winston St Numa St Floral Ln Darensburg Ct Wiltz Ln Brooklyn St Iowa St Vallette St Merrill St Olivier St For Rent Cobblestone Ln 1133 Belleville St Magellan St Nunez St Sabine St Lawrence St Majestic Pl L B Landry Ave 3105 Patterson Street Powder St Mediamolle Dr 3600 General Meyer Ave Casa Calvo St BELLEVILLE CT Belleville St Vallette St 3021 COPERNICUS Lamarque St Westbend Pkwy Mercedes Blvd Farragut St L B Landry Ave

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