The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 2nd, 2016

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GREATER NEW ORLEANS, LOUISIANA

Carrollton

Freret St/Hillary St 70118 Neighborhood

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

Burthe St New Orleans LA 70118

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The median real estate price in the Freret St/Hillary St (Carrollton – Maple Area) neighborhood of New Orleans, Louisiana is $423,950, which is more expensive than over 98 percent of the neighborhoods in the state and nearly 86 percent of the neighborhoods in the U.S.

The average rental price in Freret St/Hillary St (Carrollton – Maple Area) is currently $1,300 a month, and the average rental cost in this neighborhood is higher than over 90 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Freret St/Hillary St (Carrollton – Maple Area) area is an urban neighborhood located in New Orleans, Louisiana, and real estate is primarily made up of small studios 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.

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 by neighborhoods dominated by small two, three, and four unit buildings and 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/Hillary St (Carrollton – Maple Area) 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, and they make up a large portion of this neighborhood’s real estate stock. In fact, nearly 39 percent of the real estate here is made up of such dwellings.

Many of the residences in the Freret St/Hillary St (Carrollton – Maple Area) neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier, while a number of homes were built between 1940 and 1969. Do you watch those home improvements shows much? Do you fancy the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this neighborhood.

Freret St/Hillary St (Carrollton – Maple Area) neighborhood has a vacancy rate greater than 12 percent, which is above average compared to other neighborhoods across the nation. To understand more about this neighborhood’s 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 so important to learn all you can about the neighborhood you’re planning to call home. This neighborhood is very unique in some important ways.

One of the really interesting characteristics about the Freret St/Hillary St (Carrollton – Maple Area) neighborhood is thatit’s  great choice in which to reside for college students, due to its popularity among college students who already choose. Between semesters and during school breaks, you’ll notice that the excitement here fluctuates with the college seasons. While it’s not an environment for everyone, ambitious scholars can enjoy the seasonal excitement between semesters and school breaks.

Are you a reader, enjoy writing, or just like to learn new things? Are you curious about the world? If so, this neighborhood may be a good fit for you, with nearly 75 percent of the adults living in the Freret St/Hillary St (Carrollton – Maple Area) neighborhood having earned at least a bachelor’s degree.

Some neighborhoods are more rooted in long standing relationship between neighbors than others, while other neighborhoods feel like a collection of strangers who just happen to live near each other. In the Freret St/Hillary St (Carrollton – Maple Area) neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in over 97 percent of all other neighborhoods in America. 

Many people enjoy being able to walk in their neighborhood, and the Freret St/Hillary St (Carrollton – Maple Area) neighborhood is among the best neighborhoods in the nation for its this activity.

Your future neighbors in the Freret St/Hillary St (Carrollton – Maple Area) neighborhood in New Orleans earn middle class incomes, and this neighborhood has a higher income than 47 percent of the neighborhoods in the country. 

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

The Freret St/Hillary St (Carrollton – Maple Area) neighborhood has a higher proportion of its residents employed as executives, managers and professionals than almost any other across the country. In fact, 68 percent of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about. 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 over 16 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 12 percent, and nearly four percent in manufacturing and laborer 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 other ancestry often express those shared learned behaviors and this gives each neighborhood its own culture. 

In the Freret St/Hillary St (Carrollton – Maple Area) neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as German at nearly 14 percent. There are also a number of people of French ancestry at over 12 percent, and residents who report Irish roots almost 11 percent. Some of the residents are also of Italian ancestry at nine percent, along with some English ancestry residents at eight percent, while over one percent claim Spanish roots, among others.

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 Freret St/Hillary St (Carrollton- Maple Area) neighborhood is English, spoken by nearly 90 percent of households, while over three percent speak French at home. Other important languages spoken here include Chinese. 

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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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70118 Carrollton – Maple Area

70118 East Carrollton Audubon Holly Grove Cohn St Alvin Callender St Oak St Tchoupitoulas Audubon Blvd Exposition Blvd Audubon Pl Colapissa St St Charles Ave Hollygrove St Audubon St Pear St Monticello Ave Duckhook Dr Chestnut St Hillary St Ferry Pl 2122 S. Carrollton Patton St Freret St 2306-08 Short St. Marquette Pl Dante Forshey St Clara St Magazine St Nelson St Constance St Millaudon St Dominican St Dixon St Cherokee St Cherry St Neron Panola St Lowerline St Adams St Pearl St Neron Pl Newcomb Blvd Tchoupitoulas St Sycamore Pl 7803 Panola Street Pontchartrain Blvd Heaton St Adams St Benjamin St Henry Clay Ave Henry Clay Ave Oak St Hickory St Robertson St Benjamin St Jeannette St 2911 Monroe St. Pitt St Monroe Ct Pritchard Place # Second Floor Perrier St Sycamore St Quince St 3414 Monroe Street Webster St Lowerline St Carrollton Ave Jeannette 1810 Fern St 354 LOWERLINE Henry Clay Ave Spruce St Cromwell Pl Burdette St Palmetto St Apple St Monroe St Annunciation St Henry Clay Ave Burthe St Delord St Birch St Front St Hurst St Calhoun St Loyola Ave Blluebird St Cherry Redbud Rd Hamilton St Tchoupitoulas St Coliseum St Prytania St Magnolia St Apricot St For Rent Only Palm St Laurel St Oakland Dr Leonidas St Willow St Camp St Eagle St Pritchard Pl Dante St Barrett St Live Oak St Oleander St Carrollton Ave Joliet St Fig St Palmer Ave Broadway St Stroelitz St Pine St Leake Ave Carrollton Avenue # Pine St 2210 Pine St Burdette Livingston St Garfield St 8607 Willow St. Cecil St Lasalle Pl Zimpel Aly Apricot St Burdette St Plum St Short Street # Apricot St Cherokee St Short St Dunleith Ct Saint Charles Ave Claiborne Ave Clairborne Ave–Hecm Fern St Olive St Cambronne St Hampson St 2522 S. Carrollton Ave Camphor St Peach St Tchoupitoulas St Palmetto St Spruce St Moqueur Ln Music St Zimpel St Adams St 2522 S Carrollton. Ave Apricot St Marks St State St Walnut St Burdette St For Sale General Ogden St Mistletoe St Johnson St Prieur St Joliet St Eagle St Eagle St Green St Edinburgh St Belfast St Dublin St Story St Maple St Bunker Hill Rd

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