The Home Buyer's Korner

Information presented should be used for educational purposes only.

May 11th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Milan-Climana

Freret St/General Taylor St 70115 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

General Taylor Street New Orleans LA 70115

Get Pre Approved for a Home Loan

The median real estate price in the Freret St/General Taylor St (Milan-Climana) neighborhood of New Orleans, Louisiana is $154,375, which is more expensive than nearly 61 percent of the neighborhoods in the state and almost 43 percent of the neighborhoods in the country.

The average rental price in Freret St/General Taylor St (Milan-Climana) neighborhood is currently just under $975 a month, and the average rental cost in this neighborhood is higher than well over 61 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Freret St/General Taylor St (Milan-Climana) neighborhood located in New Orleans, Louisiana. The real estate in this neighborhood is primarily made up of small studios and two bedroom to medium sized three or four bedroom single family homes, along with other 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 New Orleans. If you’re romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist on the corner, then you might find the Freret St/General Taylor St (Milan-Climana) neighborhood worth a closer look. This neighborhood is an absolutely 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, no less than nearly half of the real estate here is made up of such dwellings.

Many of the residences in the Freret St/General Taylor St (Milan-Climana) neighborhood are relatively historic, built no later than 1939 and in some cases, quite a bit earlier, while a number of residences were built between 1940 and 1969.

Vacant apartments or homes are a fact of life in Freret St/General Taylor St (Milan-Climana) neighborhood. The current real estate vacancy rate here is nearly 26 percent. To understand more about this neighborhood’s vacancy rate and its effects on your home buying or selling options, consult your real estate agents. 

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.

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 52 percent. This is a higher percent living alone than we found in 98 percent of all neighborhoods in the country. 

The Freret St/General Taylor St (Milan-Climana) neighborhood is ranked among the top neighborhoods for first-time home buyers to consider in New Orleans and the  state of Louisiana. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Freret St/General Taylor St (Milan-Climana) neighborhood is not only an accessible option, but an investment opportunity for many first-time home buyers.

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With over 11 percent of residents in the Freret St/General Taylor St (Milan-Climana) neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than nearly all the neighborhoods in the country.

Your future neighbors in the Freret St/General Taylor St (Milan-Climana) neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than over 94 percent of all neighborhoods in the country. 

From major sales accounts to fast-food workers, sales and service employees make up a big part of the New Orleans economy. In the Freret St/General Taylor St (Milan-Climana) neighborhood, they truly stand out. This neighborhood as having a higher percentage of sales and service workers than nearly 96 percent of all neighborhoods nationwide. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with over 32 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at nearly 17 percent, and over eight percent in clerical, assistant, and tech support occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand. Places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. 

In the Freret St/General Taylor St (Milan-Climana) neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Black or African American at over 20 percent. There are also a number of people of English or German roots at around three percent each. Some of the residents are also of French ancestry residents at just under two percent, among others.

The most common language spoken in the Freret St/General Taylor St (Milan-Climana) neighborhood is English, spoken by nearly 99 percent of households. 

VISIT OUR GREATER NEW ORLEANS “HOMES FOR SALE” BOARDS

Livingston Homes for Sale

FIND HOMES THROUGHOUT GREATER NEW ORLEANS LOUISIANA

HUD HOMES FOR SALE IN GREATER NEW ORLEANS LA

USDA RURAL DEVELOPMENT HOMES FOR SALE IN GREATER NEW ORLEANS LA

FIND FORECLOSURES IN GREATER NEW ORLEANS LA

FIND MORE FORECLOSURES IN NEW ORLEANS LA

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

FNMA HomeStyle FHA 203K FNMA My Community Mortgage FHA One-Time Close Construction Portfolio or VA Home Loans Homes REO Short Sales FNMA HomePath Properties HUD Homes USDA Homes Condominiums Co-Ops Townhomes Manufactured Homes Modular Homes Mobile Homes Log Homes Second Homes Vacation Homes Investment Property 2-4 Family Custom Homes Builders Custom Built Homes for Sale Luxury Homes for Sale General Contractors Home Improvement Experts Kitchen & Bathroom Renovations Real Estate Brokers & Agents Mortgage Lenders Down Payment Assistance

70115 Milan-Climana

70115 Garden District Irish Channell Touro Milan Freret B Harmony Bordeaux St Lyons St Constance St Constance Toledano St Saint Charles Ave 514 Eleonore St Cadiz St 2132 Cadiz Delachaise St Chestnut St 2607 Valence Upperline 6th St Harmony St Laurel St Magazine St Magazine St Patton St Valmont St Nashville Freret St 4637 Tchoupitoulas Valence St Baronne St 3107 Chippewa Street Valence St 3308 Prytania St. APT 12 3700 S Liberty Clara St Magazine St 3605 Constance Foucher Valmont St Constance St Constantinople St 514 Bellecastle Street 2855 St. Charles Ave Valence St Dufossant St Dufossat St 2120 Cadiz St. Milan St 1012 Valence Street 9th St 4007 St. Charles Ave. #114 2210 Jena St. La Salle St Gen Pershing St 7th St Blanc Pl 4889-91 Tchoupitoulas Street Austerlitz St 8th St Camp St Camp St Conery St Constance St Louisiana Ave Louisiana Ave Nashville Ave Nashville Ave Nashville Ave Nashville Ave Robertson St Saint Thomas St Pitt St Rosa Park Perrier St Eleonore St Robert St Milan St 3600 Saratoga St Napoleon Ave Dauphine St Pleasant St 1229 Harmony street Everett Pl 3212 Camp Street Peniston St Franklin Ct And 727 7th St Eleonore Street # Alonzo St 925-27 Milan St. 5105 Annunciation St Bellecastle St Baronne St Carondelet St Jefferson Ave Annunciation St 1928 General Taylor Front St Hurst St Loyola Ave Livaudais St 8th Street # Second Floor Pryania Tchoupitoulas St Coliseum St 726-28 Foucher St. Prytania St Magnolia St Nashville Ave Danneel St Foucher St Peniston Harmony St Laurel St Amelia St Palm Ter Willow St Perrier Leontine St Gen Taylor St Camp St Annunciation St Atlanta St Camp St Leontine St Napoleon Ave 1816 Sixth St OAK ST 3706 s. saratoga st Aline St Saratoga St Robert St 3729 Constance St. Marengo St Conery St Soniat St Danneel Street # Napoleon Ave Napoleon Ave Garfield St Chestnut St For Sale Laurel Richmond Pl Wirth Pl 2820 Milan Lasalle St Napolean Ave 4007 Saint Charles Ave. 3300 Annunciation 4109 Danneel St FOR RENT 600 Saint Charles Ave Upperline St Octavia St Jena St Magazine St Antonine St Dryades St Tchoupitoulas Belmont Pl Valmont St For Sale General Pershing St 2529 Nashville Avenue Arabella St Magazine St General Taylor St Cucullu St Louisiana Ave 3918 Dryades St Chippewa St Loyola Ave. 3705 Clara St Marlborough Gate Pl Story St 1100 Marengo St 800 Toledano Street Carondelet St 1513 Carondelet St Mlk Foucher St Joseph St Liberty St

Join us at Real Estate Social

Comments are closed.