The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 10th, 2016

Guy looking up in color


Napoleon Ave/Magazine St 70115 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+


Perrier St New Orleans LA 70115

Get Pre Approved for a Home Loan

The median real estate price in the Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood of New Orleans, Louisiana is $478,675, 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 Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood is currently $1,400 a month, and the average rental cost in this neighborhood is higher than nearly 94 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Napoleon Ave/Magazine St (Faubourg Bouligny) 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. 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 residential real estate of neighborhoods dominated by small two, three, or four unit buildings. Many are in older core neighborhoods of New Orleans, and 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 Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood worth a closer look. This neighborhood is an absolutely outstanding example of the dominance of small two, three, or four unit buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood’s residential real estate. In fact, nearly 37 percent of the real estate here is made up of such dwellings.

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 over 73 percent of the residential real estate in the Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood built no later than 1939, and some built considerably earlier, while a number of residences were built between 1940 and 1969. In this regard, this neighborhood truly stands out as special.

The vacancy rate in the Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood has a vacancy rate over 17 percent, which is above average compared to other neighborhoods nationwide. To learn more about this neighborhood 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, but it’s important to learn all you can about the neighborhood you plan to call home.  

A majority of the adult residents in the Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood is well-to-do. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you’re an executive and want to keep similar company, consider settling in this neighborhood.

Some neighborhoods have residents that are more educated than others, and in this neighborhood, there is a dramatic difference with over 36 percent of adults over 25 have earned a Masters degree, a Medical degree, Ph.D., or a law degree. While, the average American neighborhood has slightly more than eight percent of adults with a graduate degree.

Being a walkable neighborhood can help increase property values for the simple reason that people enjoy and value it. To put it plainly, despite our love affair with the automobile, here in New Orleans we enjoy taking to the streets, sidewalks, paths, and coffee while relaxing in a nearby courtyard, and take in the sights and sounds. The Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood is one of the most walkable neighborhoods in the city.

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 Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood who already commute on a bicycle to and from work daily. 

Your future neighbors in the Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood of New Orleans earn upper middle class incomes, and this neighborhood has a higher income than 75 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.

The Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97 percent of the neighborhoods in America. In fact, over 67 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 20 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at nearly nine percent, and nearly eight percent in government jobs, whether they are in local, state, or federal positions. Furthermore, over one percent of the residents are active in the military, and helps shape this neighborhood’s culture and character.

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 ancestries will express those cultures. 

In the Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as Irish at 20 percent. There are also a number of people of German ancestry at nearly 17 percent, and residents who report French or Italian roots at almost 12 percent. Some of the residents are also of English ancestry residents at nearly 10 percent, while nearly five percent claim Sub-Saharan African 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 Napoleon Ave/Magazine St (Faubourg Bouligny) neighborhood is English, spoken by over 90 percent of households, while nearly three percent speak French. Other important languages spoken here include Spanish. 








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


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


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


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


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”.


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

70115Faubourg Bouligny

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.