The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 22nd, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Treme-Lafitte

Esplanade Ave/Bayou Rd 70116 & 70119 Neighborhood

The Home Buyer’s Korner

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General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Gov Nicholls St New Orleans Louisiana 70119

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The median real estate price in the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood is $158,050, which is more expensive than over 63 percent of the neighborhoods in the state and more than 44 percent of the neighborhoods in the country.

The average rental price in the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood is currently $725 a month, and rents here are currently lower in price than 78 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Esplanade Ave/Bayou Rd (Treme-Lafitte) area is an urban neighborhood located in New Orleans, Louisiana, and the 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. Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small two, three, and four unit buildings. The Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, over 42 percent of the real estate, here are small two, three, or four unit buildings.

Many of the residences in the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood are relatively historic, while a number of residences were built between 1940 and 1969. If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With over 60 percent of the residential real estate in the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than over 95 percent of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Vacant homes or apartments are a fact of life in the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood and the current real estate vacancy rate here is over 26 percent. To understand 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 call home. 

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work or play might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. The Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood is a great option for bicycle commuters, with over 12 percent of commuters here ride their bikes on a daily basis. 

In the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for over 15 percent of residents here. 

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. This neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone at over 62 percent. 

Your future neighbors in the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than nearly 97 percent of all the neighborhoods in America. 

In the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood, nearly 38 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 executive, management, and professional occupations, with almost 29 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at over 19 percent, and 14 percent in manufacturing and laborer 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 Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at over 12 percent. There are also a number of people of Irish roots at over five percent. Some of the residents are also of Jamaican ancestry at over three percent, along with some French ancestry residents almost three percent, among others.

The most common language spoken in the Esplanade Ave/Bayou Rd (Treme-Lafitte) neighborhood is English, spoken by over 92 percent of households, while nearly seven percent speak Spanish.

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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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70116 70119 Treme Lafitte

70116 Treme Lefitte Seventh Ward Marigny French Quarter Henriette Delille St Rampart St 1214 North Johnson St. Touro St For Rent ROMAN ST Old Saint Bernard St Touro St Decatur St Bourbon St Urquhart St Burgundy St Gov Nicholls St 1322 Esplanade ave. Esplanade Ave Ursulines Ave Claiborne Ave Dauphine St A P Tureaud Ave Marais St ST LOUIS ST 9 Saint Philip St Ursulines Ave Ursulines Ave 900 Dumaine Magnolia St Frenchman Marais St Rue Saint Philip 1239 N Johnson Saint Peter St 914 St Ann Street New Orleans St Claiborne Ave Rampart St Columbus St 1316 Frenchmen St Touro St Rampart St Johnson Oreilly St Esplanade Ave Prieur St Bayou Rd Onzaga St St. Claude Ave Frenchman St Royal St Saint Philip St 1400 St. Anthony St. Dauphine St Burgundy St ST ANTHONY ST ST LOUIS ST Dabadie St Rampart St Dumaine St Saint Anthony St Governor Nicholls St 916 St Ann Rampart 208 Treme St Villere St Chartres St Lapeyrouse St Kerlerec St 2423 Pauger St Aubry St Burgundy St Rampart St 1301 N Rampart Street French Market Pl Dumaine St ELYSIAN FIELDS AVE Esplanade Ave Pauger St Pauger St Johnson St Old Prieur St Prieur St Saint Ann St Orleans Ave 1224 Bourbon St Saint Anthony St Governor Nicholls St Roman St Burgundy St Robertson St For Sale 2024 Pauger St 1625 St. Anthony St. 1015 Governor Nicholls #3 Annette St Saint Bernard Ave PIRATES ALY Saint Anthony St Derbigny St Gov Nicholls St Saint Philip St Amelia St Allen St Laharpe St Robertson Saint Peter St Robertson St 816 Governor Nicholls St. 919 gov nicholls Frenchmen St Old Roman St Barracks St Saint Claude Ave Prieur St 1029 Barracks Saint Peter St Saint Peter St Burgundy St Madison St

70119 Fairgrounds Mid City Bayou St John Lafitte St St. Philip St Esplanade Ave Stewart Ct Solomon St Industry St Elaine Pl Olympia St Rendon St Kerlerec St Romulus St Fortin St Crete St Wilshire St Lapeyrouse St Saint John Ct Canal St Portage Pl Governor Nicholls St 2737 St Peter Street 2201 Dumaine Gentilly Blvd Cortez St Broad St 2931 ponce de 603 N. Alexander St. Gravier St Cleveland Avenue # Gravier St Gravier St Cleveland Ave Dhemecourt St Harding Dr Iberville St  Julia St Saint Louis St Paris Ave Frenchmen St Jeff Davis Pkwy 2420 St Philip Street Saint Louis St Moss St Wilson Dr 3105 Toulouse 2726-28 St Phillip St Pauger St Perdido St Hennessey St Laharpe St Rendon St Duels St 2430-32 Barracks Street Hathaway Pl George Nick Connor St Bernadotte St Olympia St Mystery St 4841 Bienville St. 523 S. Hennessey St. 4131-33 Ulloa Frey Pl Bell St Tonti St Derby Pl Paul Morphy St George Nick Connor Dr Bruxelles St 4811-13 Bienville St. 624 N. Salcedo St. Broad St 4020 D’Hemecourt St. Maurepas St Roosevelt Pl Galvez St Rocheblave St Salcedo Street # First Floor Bayou Rd 2851 Grand Rte. St. John Havana St St Bernard Ave Gravier St Chalfant Pl Conti St Saint Peter St Delgado Dr Gayoso St 3225-27 Dumaine St. Saint Philip St Abundance St 231 N. Clark St. Dorgenois St Genois St Esplanade Ave Desaix Blvd Galvez St Dorgenois St Palmyra Cleveland Ave Cleveland Ave Desoto St Desoto St Fortin St Fortin St Saint Ann St Saint Philip St Fortin St Cortez St Rosiere St Clark St Rocheblave St 2744 St. Philip Street David St Dabadie St Orchid St Roger Williams St 2730 Ursulines St Dumaine St Trafalgar St Palmyra St 3219 St. Ann St. Dupre St Solomon Pl Beinville St Lopez St 4225-27 Toulouse St. Verna Ct Banks St White St Annette St Carrollton Ave Bienville St Hope St Pierce St Bellechasse St 238 S. Cortez 1857 deuls st Oreilly St Saint Patrick St Salcedo St Gravier St Republic St Canal St Broad St Yupon St Hagan Ave Baudin St Bungalow Ct Barracks St Telemachus St Desoto St Onzaga St White St Alexander St 1034-36 Crete St. 509-11 S. Pierce St. Murat St Grand Route Saint John Street # C 236 N Carrollton Ave Bradish Pl Jefferson Davis Pkwy Galvez St Miro St 932 Solomon Place Telemachus St Palmyra St Saint Patrick St Passera Ct Salcedo St St. Ann St Lincoln Ct Cleveland Ave A P Tureaud Ave JANE ALY 434 S. Scott St. Grnd Rte St John St Castiglione St Pierce St Tulane Ave Gayoso St Lepage St Jane Pl Cortez St Esplanade Avenue # Main Floor Scott St Castine St Vignaud St Genois St Gravier St Galvez St Gov Nicholls St Tonti St Gentilly Blvd Alexander Iberville St Anthony St Winthrop Pl St Philip Bienville St Orleans Ave Saint Peter St Olga St Gravier St Dorgenois St Tonti St D’Hemecourt St Sherwood Forest Dr Ulloa St 326 N Olympia St 500 S Jefferson Davis Pkwy Allard Blvd 421 s olympia Saint Ann St Dorgenois St Columbus St Murat St Picheloup Pl Saint Anthony St Ida St Parkview Pl Dupre St Bernadotte St Olga Ave Saint Bernard Ave Helena St 2714 Republic St Sauvage St Agriculture St Soloman St Saltus St Toulouse Dorgenois St Nrochebl Ave Jefferson Davis Pkwy Grand Rte Saint John St Galvez St Esplanade Ave Esplanade Ave Roosevelt Hennessey St Rousselin Dr 2931ponce A/B Ulloa St Aubry St Gravier St Tulane Ave Palmyra St Leda Ct Alden Pl 216-18 N. Bernadotte St. Gravier St Bienville Ave Flowerdale Ct Bell St Ulloa St Murat St For Rent Bruxelles St Saint Ann St For Rent New Orleans St Dorgenois St Toulouse St Carrollton Ave Serantine St Seratine St City Park Ave Gibson St Touro St Ponce De Leon St Law St St. Phillip St Taft Pl Belfort Ave Hennessey Olga Solomon St Annette St For Rent Treasure St Ursulines Ave Florida Ave Miro St Scott St Lopez St Allen St Clark St Alexander St

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