The Home Buyer's Korner

Information presented should be used for educational purposes only.

May 2nd, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Lower Ninth Ward

Delery St/N Galvez St 70117 Neighorhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Delery St New Orleans LA 70117

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The median real estate price in the Delery St/N Galvez St (Lower Ninth Ward) neighborhood of New Orleans, Louisiana is just under $115,175, which is more expensive than nearly 39 percent of the neighborhoods in the state and 26 percent of the neighborhoods in the country.

The average rental price in the Delery St/N Galvez St (Lower Ninth Ward) neighborhood is currently slightly more than $775 a month, and rents here are currently lower in price than 69 percent of the neighborhoods in Louisiana. Most of the residential real estate is owner occupied.

Delery St/N Galvez St (Lower Ninth Ward) area is a suburban neighborhood located in New Orleans, Louisiana, and the real estate is primarily made up of medium sized three and four bedroom to small studios or two bedroom single-family homes and other multi-family housing options like condominiums, duplexes, town homes, and apartments.  Many of the residences in the Delery St/N Galvez St (Lower Ninth Ward) neighborhood are older, well-established, built between 1940 and 1969, with a number of residences built between 1970 and 1999.

Vacant real estate is a fact of life in Delery St/N Galvez St (Lower Ninth Ward) and this neighborhood’s current real estate vacancy rate is nearly 36 percent. To understand more about this neighborhoods vacancy rate, and its effect on your home buying or 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.

Each year, fewer and fewer Americans make their living as farmers, foresters, or fishermen. But the Delery St/N Galvez St (Lower Ninth Ward) neighborhood truly stands out among almost all other neighborhoods in America. This neighborhood has a greater proportion of fishermen than over 98 percent of all the neighborhoods across the county. This is truly a unique cultural characteristic of this neighborhood.

Your future neighbors in the Delery St/N Galvez St (Lower Ninth Ward) neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than 95 percent of all neighborhood nationwide. 

In the Delery St/N Galvez St (Lower Ninth Ward) neighborhood, three quarters 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 over eight percent of the residents employed. Other residents here are employed in commercial fishing at just under eight percent, and nearly seven percent in government jobs, whether they are in local, state, or federal positions.

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 Delery St/N Galvez St (Lower Ninth Ward) neighborhood of New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Black or African-American at 25 percent.

The most common language spoken in the Delery St/N Galvez St (Lower Ninth Ward) neighborhood is English, and spoken in all households.

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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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70117 Bywater St Claude Lower Ninth Ward St Roch 3915 N Claiborne Ave Port St 1702 Gordon St Louisa St Deers St Marigny St Villere St 2020 Alvar St. Choctaw St Spain St Caffin Ave -1031 Lamanche St Strand Ct Marque St Monticello St 1331 Bartholomew St 3220 Chartres St. Piety St Forstall St Dauphine St Louisa St Painters St Eads St St Claude Ct Derbigny St Charbonnet St Elysian Fields Ave 2826-28 FLORIDA AVE Franklin Ave Saint Maurice Ave Robertson St Rampart St Galvez St Burgundy St Rocheblave St Tennessee St 3936 Burgundy 1305 Independence St. 1732 Port St. Clouet St Delery St 6015 Royal St 1212 Mazant Derbigny St Roman St Arts St Alabo St Rampart St Comus Ct Dorgenois St Valjean St Saint Roch Ave Almonaster Ave Pauline St Miro St 2621 Burgundy St. Claiborne Ave Marais St Roffignac St Clouet St Ellis St Independence St Byrne Pl Feliciana St 1901 st ferdinand st Rosalie Aly 930 Elysian Fields Ave. Egania St Burgundy St NINA ST Douglas St Bienvenue St Marigny St 927 gordon street Johnson St Elysian Fields Ave Praro St St Maurice Ave Desire St Deslonde St Desire St Rampart St Bartholomew St Alhambra St Orin St St. Ferdinand St Tricou St Flood St Gallier St Dogwood St 1834-36 Elysian Fields Alice Ct 918-20 Forstall Mandeville St 1812 elysian fields 1915 Music St Poland Ave Hamlin St Johnson St Decatur St 1239 Saint Ferdinand St 1429 Gallier St 3131 N Villere St 4535 Marais St 830 Lizardi St 831 Lizardi St Peace Ct Dauphine St Jourdan Ave 1040 Clouet St. Lamanche St Winthrop St 6232 Dauphine St. Tonti St 2453-55 Burgundy Street Pauger St 808 Delery St. 1815 Louisa St Whipple St 1129-31 Piety St 712 mandeville 912 poland 701 Tricou St. Music St Deers St Lizardi St 1200 Louisa St. Lesseps St Prieur St Florida Ave Andry St 3001 Royal St. Gordon St El Dorado St Japonica St Spain 3801 N. Roman St. Galvez St Laussat Pl Ideal Pl 1203 Delery St Sister St Benton St Rampart St Congress St Bartholomew St Montegut St Louisa St Kentucky St Saint Claude Ave Saint Claude Ct Gallier St 928 Clouet St 1028b Tricou St. 1216-18 clouet 1330-32 congress 4123 duphine Saint Claude Ave For Rent France St Burgundy St Chartres St 2458 N Robertson Music St Melrose St Saint Ferdinand St Mandeville St N.Claiborne Ave-Ferdinand Ave Reynes St Rampart St Tupelo St Mazant St Spain St Arts St LAW ST Dubreuil St 1314 Elysian Fields Ave Industrial Ct 1032-34 Bartholomew St Robertson Martinique Aly Todd St ESPLANADE AVE Peters St Urquhart St 3001 Royal Street Alvar St Urville St Dubreuil St Royal St

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