The Home Buyer's Korner

Information presented should be used for educational purposes only.

April 28th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Garden District

Magazine St/3rd St 70130 & 70131 Neighborhood

The Home Buyer’s Korner

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General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Fourth Street New Orleans LA 70130

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The median real estate price in the Magazine St/3rd St (Garden District) neighborhood of New Orleans, Louisiana is slightly less than $302,075, which is more expensive than nearly 94 percent of the neighborhoods in the state and over 73 percent of the neighborhoods in the country.

The average rental price in the Magazine St/3rd St (Garden District) neighborhood is currently just under $1,400 a month, and the average rental cost in this neighborhood is higher than over 93 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Magazine St/3rd St (Garden District) area is a densely populated 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 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, there, and four unit housing structures. The Magazine St/3rd St (Garden District) neighborhood really stands out in this regard, as it is dominated by such small unit housing more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, nearly 44 percent of the real estate are small two, three, or four housing units, which is a higher proportion than found in over 97 percent of America’s neighborhoods.

Many of the residences in the Magazine St/3rd St (Garden District) 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. 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 78 percent the residential real estate in the Magazine St/3rd St (Garden District) neighborhood built no later than 1939, this neighborhood has a greater concentration of historic residences than almost all of all neighborhoods in the country. In this regard, this neighborhood truly stands out as special.

Magazine St/3rd St (Garden District) area has a 12 percent vacancy rate, which is above average compared to other neighborhoods and higher than over 62 percent of all the neighborhoods in the country. To understand this neighborhood vacancy rate and it affects 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 flairs, 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.

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 might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. The Magazine St/3rd St (Garden District) neighborhood is a fantastic option for bicycle commuters, as over seven percent of commuters here do ride their bikes to and from work on a daily basis. 

Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, Americans enjoys taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. The Magazine St/3rd St (Garden District) neighborhood is one of the most walkable neighborhoods in America.

With more than two percent of residents claiming an LGBT status and living with a same sex partner, the Magazine St/3rd St (Garden District) is truly a neighborhood that stands out from the rest in this regard. 

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Magazine St/3rd St (Garden District) neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of well-to-do executives, managers, and professionals. 

Your future neighbors in the Magazine St/3rd St (Garden District) neighborhood in New Orleans earn middle class incomes, and this neighborhood has a higher income than 44 percent of the neighborhoods in America. 

In the Magazine St/3rd St (Garden District) neighborhood, 51 percent of the working population is employed in executive, management, and professional occupations. 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 29 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at over 12 percent, and seven percent in manufacturing and laborer 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 other ethnicity or ancestry will express those cultures.

In the Magazine St/3rd St (Garden District) neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as German or Irish at around eight percent, and residents who report French roots at over seven percent. Some of the residents are also of English ancestry at just under six percent, along with some Italian ancestry residents at nearly four percent, and over one percent have Belgian ancestry.

The most common language spoken in the Magazine St/3rd St (Garden District) neighborhood is English, spoken by over 91 percent of households, while around two percent speak Spanish or Portuguese at home.

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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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70130 70131 Garden District

70130 French Quarter Lower Garden District Race St Jackson Ave Rousseau St Common St 2nd St Polymnia St Terpsichore St Chestnut St Camp St Decatur St Bourbon St Clio St 2 1525 Clio St St Charles Ave Union St Clio St Orange St Melpomene St Thalia St Canal St WHITNEY BLDG Port of Orleans Pl Carondelet St 2nd St Annunciation St Annunciation St Camp St Carondelet St Carondelet St Coliseum St Constance St Euterpe St Jackson Ave Jackson Ave Jackson Ave Jackson Ave Magazine St Magazine St Margaret Pl Saint Andrew St Saint Andrew St Saint Mary St Philip St Washington Ave Washington Ave 536 Royal St St Charles Ave Constance St Chippewa St Chippewa St Notre Dame St Richard St 450 John Churchill Chase Prytania St 1805 coliseum st #1 402 Julia Street 812-814 Philip 539 Toulouse St. Tchoupitoulas St 333 julia st. #508 Wilkinson St Jackson Ave Saint James St Peters St Hastings Place # Peters St 3rd St 3rd St 2625 constance Wilkinson St St Charles Ave 1st St Washington Ave 1430 Jackson Avenue Harmony St Poydras St 448 Julia St. Conti St Annunciation St Thalia St Erato St Felicity St Prytania St Laurel St Gravier St 920 Poeyfarre St Royal St Felicity St Lafayette St Philip Diamond St Jackson Ave 610 John Churchill Chase St. Charles Ave Religious St Saint Louis St Exchange Pl Saint Andrew St Philip St Commerce St Jackson Ave 920 Poeyfarre Street Chartres St 920 Poeyfarre St. 1805 Coliseum St. #1 Melpomene St Saint Mary St 1st St Josephine St Chippewa St Laurel St Chippewa St Julia St St Charles Ave 515 226 Decatur Natchez St 516 Conti St 1631-33 Saint Charles Ave Hastings Pl Girod St Magazine St For Sale Bienville St Julia St River Rd Fourth St Carondelet St Commerce St Euterpe St Urania St 1st St Saint Charles Ave Phillip St Sophie Wright Pl 448 Julia Street Celeste St St. Mary 2619 st Thomas street Soraparu St Iberville St John Churchill Chase St 334 Carondelet Street 1818 Carondelet St 2527 Rousseau St Carondelet St -Robert C Blakes Sr Dr Coliseum St 1817 1821 Magazine St Annunciation St Diamond St Saint Joseph StPort  of New Orleans Pl Poeyfarre St Saint Thomas St 425 Notre Dame St 600 Port of New Orleans Place Toulouse St Magazine St Peters St 4th St

70131 Algiers Patterson Dr Belgrade St Carver St Mimosa Ct Navigation Ct Mansfield Ave Bristol Pl Patterson Rd Rhodes Ave Mimosa Dr Timber Wolf Ln Kingsmill Ln RIVERSIDE AVE Nolan St 6017-6023 Tullis Dr. Falmouth Dr Patterson St Hudson Pl Cypress Point Ln Park Timbers Ct Walter St Park Timbers Dr Ellen Park Pl Highway 406 Ot Lancaster St Sutton Pl Kingston Ct Olympic Ct Delacroix Rd Berkley Dr Cumberland Ct 74 Harbour Town Ct Arbor Cir Ernest St Rhodes Ave Westchester Pl Ramsey Dr Bisson St Durbridge Dr De Battista Pl Frank St Boyd St Bear Creek Dr
Bryson Ot Bedford Dr Bryson St Bailey St Durham Dr Blair St Larchmont Pl Greenbrier Ct Stanton Rd Yosemite Dr Carlisle Ct Nie Pkwy Nie Pkwy Pembrook Dr Maumus Ave Rue Colette River Oaks Dr Willow Dr Valentine Ct Pinehurst Dr Edward St Stratford Pl Maura Pl Holiday Dr Steeple Chase Ln Van Buren St Red Cypress Dr Shoal Creek Dr Paul St Saint Nick Dr Danbury Dr Macarthur Blvd Thomas St Oak Hills Ln Tall Pines Dr Huntlee Dr Meadow Park Ln Golf Villa Dr Cupid St Lennox Blvd Lennox Ct Aurora Dr Street & Adams Tall Timbers Dr Aurora Oaks Dr Tennyson Pl Medlock St Annandale Ct Croyden Ave Sugarberry Pl Eagle Point Dr Timber Ct Winston St Cambridge Ct Jack Wyman Rd Arbor Cir Simms St 4305 Woodland Drive Pittari Pl Essex Ct Casimire St Lennox Blvd Oxford Pl Fairway Oaks Dr Westgrove Park 123 English Turn Drive 32 Spyglass Court 44 Castle Pines 5 Island Club Drive 6252 Oxford Place River Rd 9 Kingsmill Lane Herschel St Pebble Beach Ln Dickens Dr William St Pin Oak Ave Island Club Ct Sullen Pl Wimbledon Ct Post Oak Ave Prancer St Chelsea Dr Fields St Bennett St Everglades Dr Lakeway Ct Sullivan Pl Admiralty Ct Tasha Pl Blythe Ave Red Oak Ct Hyman Pl Bonita Bay Dr For Rent Somerset Dr Bonita Bay Ct Bonita Bay Dr Albany Ct Inwood Ave Anson St White Oak Ave Navigation Ct Adrian Dr Teak Ave Fairfax Pl Adrian St Tullis Dr Leeward Ct Danny Dr English Turn Ct English Turn Dr English Turn Ln Gen Meyer Ave Fiesta St Lakewood Estates Dr 208 Forest Oaks Dr 21 Fairway Oaks Dr Spy Glass Ct Glacier Ct 27234 Prancer St. Lakewood Pl Pin Oak Ave Henry St Eagle Trace Dr Forest Oaks Dr Adam St Highway 406 Forest Park Ln Lang St 2635 Prancer Street Vivian Ct River Tree Ct Kings Canyon Dr Albert St Grand Canyon Ct Grand Canyon Dr Kent Dr Vixen St Dover Pl Oak Alley Dr Cambridge Ct Lacour Monique St English Turn Pkwy Hwy 406 Hwy Herald St Inwood Ave Bacchus Dr Grand Cypress Ct Wax Myrtle Pl Timber Bluff Ln Brighton Pl Clubhouse Dr Polk St Castle Pines Dr Seaward Ct Tullis Dr Timber Crest Dr Kathy Ct Yellowstone Ct Berkley Dr Five Oaks Dr Brunswick Ct Yellowstone Dr Adams St Pierce St Timber Haven Ln Shetland Dr Joycelyn Dr 56 Arbor Circle Gallatin St MISSISSIPPI RIV RD Woodland Dr 15 Bonita Bay Dr Eton St Ivory St Post Oak Ave Norland Ave 8460001 bryason street Abbey Dr Silver Maple Ct Preston Pl Kabel Dr Norland Ave Gallinghouse St Grand Teton Ct Woodland Hwy General Meyer Ave Comet St Peachtree Ct Peony St Oliver St Finland Pl Rosedown Ct Warwick Ct Woodland Pl Taylor St Timber Ridge Ct Erickson Ave Rue Andree Plymouth Pl Patterson Dr 860001 BRYSON Street Harbour Town Ct Glen Abby Way Rue Colette Beck St Tropic Dr Beck St This House Is For Rent Copernicu St Donald St Rue Delphine Rue Denise Neil Ave Muirfield Pl Cypress Grove Ct JULIA ST Roselyn Park Pl Eugenie Ct Rue Michelle Rue Mignon Rue Nadine Rue Nichole Rue Parc Fontaine Rue Renee Ken Ct

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