The Home Buyer's Korner

Information presented should be used for educational purposes only.

September 15th, 2016

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GREATER NEW ORLEANS, LOUISIANA

Broadmoor

Napoleon Ave/S Claiborne Ave 70125 Neighborhood

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

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The median real estate price in the Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) neighborhood of New Orleans, Louisiana is $351,150, which is more expensive than nearly 97 percent of the neighborhoods in the state and over 80 percent of the neighborhoods in the country.

The average rental price in the Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) neighborhood is currently $1,475, and the average rental cost in this neighborhood is higher than over 95 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) area is an urban neighborhood located in New Orleans, Louisiana, and the residential real estate is primarily made up of medium sized three and four bedroom to small studio or two bedroom single-family homes and other multi-family housing options like condominiums, town homes, duplexes, and apartments. Many of the residences in the Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier, while a number of residences were also built between 1940 and 1969.

Home and apartment vacancies in Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) are slightly over seven percent, which is lower than one will find in over 62 percent of all the neighborhoods in the country. Demand for real estate in Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) is above average, and signals demand for either price increases, new construction of residential homes, or both.

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. Which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. The Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) neighborhood is a offers a great option for bicycle commuters, and nearly nine percent of residents ride their bikes to and from work on a daily basis.

Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) has the distinction of housing more LGBT couples than 98 percent of neighborhoods in America. If you are seeking such a neighborhood, this is one place that you should consider. 

Your future neighbors in the Napoleon Ave / S Claiborne Ave (Audubon – Broadmoor) neighborhood of New Orleans earn upper-middle incomes, and this neighborhood has a higher income than nearly 64 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 Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) neighborhood, over 64 percent of the working population is employed in executive, management, and professional occupations, which is a higher proportion of such high-level people than is found in nearly 96 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 18 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at over nine percent, and more than eight percent in clerical, assistant, and tech support occupations.

Each neighborhood has its own culture derived primarily from the ancestry, and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly, on the ethnicity and ancestry of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) neighborhood of New Orleans, LA, residents most commonly identify their ethnicity or ancestry as German or Irish at around 15 percent. There are also a number of people who claim French roots at more than 12 percent, and some of the residents are also of English ancestry at almost six percent, along with some Asian ancestry residents at nearly five percent, while over three percent are of Spanish ancestry, among others.

The most common language spoken in the Napoleon Ave/S Claiborne Ave (Audubon – Broadmoor) neighborhood is English, spoken by over 92 percent of households, while nearly four 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

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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70125 Audubon – Broadmoor

70125 B W Cooper Gert Town Cadiz St 2nd St 3128 Nashville Avenue Rex Pl Robert St Audubon St Prieur St Salcedo Earhart Johnson St College Ct Vincennes Pl Coolidge Ct Martin Luther King Jr Blvd Vendome Pl CLIO ST Claiborne Ave 7215 S Claiborne Ave Trianon Plz York St 2615 S. Dorgenois Street Johnson St This House Is For Rent Dixon St Galvez Street # Broadway St Jena St Napoleon Ave Walmsley Cadillac St Fontainebleau Dr Bloomingdale Ct Eve St Gen Pershing St Toledano St Milan St Johnson Claiborne Avenue # 1835 S. Dupre St. Fern St 3rd St 3315-17 General Pershing St. Telemachus St Seminole Ln Versailles Blvd Washington Ave Salcedo St General Pershing St 4th St Louisiana Avenue Pkwy Burdette St Lowerline St Earhart Blvd Miro St Jeff Davis Pkwy Eden St Galvez St Salcedo St Louisiana Ave Pkwy Thalia St Cortez St Rochebl Ave Broad St Erato St Derbigny St Howard Ave Broad Pl General Pershing St General Taylor St Gayoso St Stroelitz St PALM ST Jackson Ave Genois St Tonti St Nashville Ave Pritchard Pl Tonti St Jefferson Ave Clark St Louisiana Avenue Pkwy Momus Ct Calliope St Drexel Dr Rendon St Joseph St Edinburgh St 4815 Walmsley Ave. Oleander St Dorgenois St 1st St Derbigny St Lopez St Pine St Adams St Panama Ct Dart St Upperline St Euphrosine St Hewes St College Ct Salcedo St 3329 PINE ST 3333 PINE ST Nelson St Short St 2805-07 Audubon St. State Street Dr Dupre St Elba St 4209 S Prieur Street McKenna St Belfast St Walmsley Ave Claiborne Ave General Taylor Street Calhoun St Clark St 3717 General Pershing Delachaise St Colapissa St Mars Pl High Ct Jefferson Davis Pkwy Melodia Ct Fig St MARTIN L KING BLVD Rocheblave St Olive St Audubon Blvd Octavia St State Street Dr Audubon Ct Forshey St FLEUR DE LIS DR Roman St White St

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