The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 12th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Audubon

 Henry Clay Ave/Magazine St 70118 Neighborhood

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

Henry Clay Ave New Orleans LA 70118

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The median real estate price in the Henry Clay Ave/Magazine St (Audubon – Burtheville – Upper Hurstville) neighborhood of New Orleans, Louisiana is $475,625, which is more expensive than nearly 99 percent of the neighborhoods in the state and over 89 percent of the neighborhoods in the country.

The average rental price in the Henry Clay Ave/Magazine St neighborhood is currently $1,825, and the  average rental cost in this neighborhood is higher than nearly all neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Henry Clay Ave/Magazine St area is an urban neighborhood located in New Orleans, Louisiana, and the residential 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.

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 nearly 79 percent of the residential real estate in the Henry Clay Ave/Magazine St (Aububon – Upper Hurstville) neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than nearly any neighborhoods in America, while a number of residences were built between 1970 and 1999. In this regard, this neighborhood truly stands out as special.

Vacant homes or apartments are a fact of life in the Henry Clay Ave/Magazine St neighborhood, and the current real estate vacancy rate here is over 23 percent. To learn more about this neighborhood’s vacancy rate and its effect 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, can make all the difference when choosing a neighborhood to call home. This neighborhood has some really cool things about the way it looks and feels.

One of the really interesting characteristics about the Henry Clay Ave/Magazine St neighborhood is that, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, the neighborhood is ideal for prospective or already-enrolled college students and their parents to consider. Between semesters and during school breaks, you’ll notice that the excitement here fluctuates with the college seasons. 

If knowledge is power, then imagine the cumulative power of a neighborhood where many of the adults have earned an advanced degree, such as a Masters, Law degree, a Medical degree, or even a Ph.D. This is certainly the case in the Henry Clay Ave/Magazine St neighborhood, where 35 percent have earned an advanced degree. Compare that to the average neighborhood in America, where just over eight percent of adults over the age of twenty five have completed a post-graduate degree, and you can see why this neighborhood is a stand out.

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood, and join over three percent of residents in the Henry Clay Ave/Magazine St neighborhood who already commute on a bicycle to and from work daily. 

Your future neighbors in the Henry Clay Ave/Magazine St neighborhood of New Orleans are well-to-do, making it among the 15 percent highest income neighborhoods in the country, and this neighborhood has a higher income than 87 percent of the neighborhoods in America.

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.

In the Henry Clay Ave/Magazine St neighborhood, 61 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 16 percent of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants at over 14 percent, and nearly nine percent in clerical, assistant, and tech support occupations.

Culture is the shared learning behavior of peoples. Undeniably, different ethnicity and ancestry have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicity or ancestry will express those cultures. 

In the Henry Clay Ave/Magazine St neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as German at over sixteen percent. There are also a number of people of Irish ancestry at nearly 15 percent, and residents who report English roots at more than 14 percent. Some of the residents are also of French ancestry at over 13 percent, along with some Italian ancestry residents at more than seven percent, 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 Henry Clay Ave/Magazine St neighborhood is English, spoken by over 87 percent of households, while nearly four percent speak French. Other important languages spoken here include 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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START YOUR PATH TO HOME OWNERSHIP TODAY

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70118 Audubon – Burtheville – Upper Hurstville

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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