The Home Buyer's Korner

Information presented should be used for educational purposes only.

May 10th, 2016

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GREATER NEW ORLEANS, LOUISIANA

Milan

General Pershing St/Saint Charles Ave 70115 Neighborhood

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

General Taylor St New Orleans LA 70115

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The median real estate price in the General Pershing St/Saint Charles Ave (Milan) neighborhood is $320,000, which is more expensive than over 95 percent of the neighborhoods in the state and nearly 77 percent of the neighborhoods in the country.

The average rental price in General Pershing St/Saint Charles Ave (Milan) neighborhood is slightly less than $1,550, and this neighborhood is has a higher rental rate than over 96 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

General Pershing St/Saint Charles Ave (Milan) neighborhood is an urban neighborhood located in New Orleans, Louisiana. The 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 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 General Pershing St/Saint Charles Ave (Milan) 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, over 40 percent of the real estate here is made up of such dwellings, which is higher than over 96 percent of all the neighborhoods in America.

Do you love 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 unique neighborhood. The General Pershing St/Saint Charles Ave (Milan) neighborhood stands out on a national scale for the sheer concentration of historic residences it contains. Nearly 62 percent of this neighborhood’s residential real estate was built from 1939 or earlier, and some much earlier.

Vacant homes and apartments are a fact of life in General Pershing St/Saint Charles Ave (Milan) neighborhood, and the current real estate vacancy rate here is over 27 percent. To understand this neighborhoods vacancy rate and its effects on your home buying or selling options, consult your real estate agent.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flair, and why it’s important to learn all you can about the neighborhood you plan to call home. 

If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the General Pershing St/Saint Charles Ave (Milan) neighborhood, where nearly a third of the resident have earned an advanced degree. Compare that to the average neighborhood in America, where just slightly over eight percent of adults had completed a post-graduate degree, and you can see why this neighborhood is a stand out.

One of the most interesting things about the General Pershing St/Saint Charles Ave (Milan) neighborhood is that it has a greater concentration of residents who live alone at over 47 percent of residents than all other neighborhoods in the country.

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With four percent of residents in the General Pershing St/Saint Charles Ave (Milan) neighborhood commuting on a bicycle to and from work daily.

Many people enjoy being able to walk in their neighborhood, and many of New Orleans premier neighborhoods are also very walkable. The General Pershing St/Saint Charles Ave (Milan) neighborhood is among the best.

Your future neighbors in General Pershing St/Saint Charles Ave (Milan) neighborhood of New Orleans, earn solid middle class incomes, and this neighborhood has a higher income than nearly 57 percent of the neighborhoods in the country.

Executives, managers and professionals make up nearly 64 percent of the workforce in the General Pershing St/Saint Charles Ave (Milan) neighborhood, and is a higher proportion of such high-level people than is found in over 95 percent of the neighborhoods in America. For this reason, this neighborhood really stands out as unique. 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 more than 13 percent, and nearly seven 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 more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture.

In the General Pershing St/Saint Charles Ave (Milan) neighborhood of New Orleans, LA, residents most commonly identify their ethnicity or ancestry as English at nearly 18 percent. There are also a number of people of French ancestry at almost 16 percent, and residents who report Irish roots at over 15 percent. Some of the residents are also of German ancestry at nearly 10 percent, along with some Italian ancestry residents well over five percent. Furthermore, almost two percent of this neighborhood’s residents have Lebanese ancestry, while an equal amount has Armenian ancestry.

The most common language spoken in the General Pershing St/Saint Charles Ave (Milan) neighborhood is English, spoken by over 96 percent of households, while over two 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

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FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

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are ready to assist you with your home purchase

FANNIE MAE HOMEPATH RENOVATIONS

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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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70115 Milan

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

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