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

Orleans Ave/City Park Ave 70119 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 Orleans Ave/City Park Ave (Sherwood Forest) neighborhood of New Orleans, Louisiana is $336,950, which is more expensive than over 96 percent of the neighborhoods in the state and nearly 79 percent of all the neighborhoods in the country.

The average rental price in Orleans Ave/City Park Ave is currently $1,275, and the average rental cost in this neighborhood is higher than almost 89 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Orleans Ave/City Park Ave is an urban neighborhood located in New Orleans, Louisiana, and 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. 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, three, and four unit buildings. The Orleans Ave/City Park Ave neighborhood really stands out in this regard with a stunning visual and lifestyle example of this type of neighborhood. In fact, nearly 44 percent of the homes are small two, three, or four unit buildings.

Many of the residences in the Orleans Ave/City Park Ave 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.

Do you watch those home improvement shows on television? 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 neighborhood. The Orleans Ave/City Park Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains with nearly 75 percent of the residential real estate here was built before 1939.

Home and apartment vacancy rates are just over 10 percent in Orleans Ave/City Park Ave or near the mid range of vacancies. 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.

One of the really interesting characteristics about the Orleans Ave / City Park Ave 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, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you’ll notice that the excitement here fluctuates with the college seasons.

One of the most interesting things about the Orleans Ave/City Park Ave neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America, with over 48 percent of these households.

The rate of college educated adults in the Orleans Ave/City Park Ave neighborhood is a unique characteristic, with nearly 67 percent of adults over the age of 25 having earned at least a 4-year bachelor’s degree. 

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. In the Orleans Ave/City Park Ave neighborhood it is a fantastic option for bicycle commuters, with over five percent of residents commuting on their bikes to and from work on a daily basis.

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood, and the Orleans Ave/City Park Ave neighborhood is among the top neighborhoods in New Orleans in terms of walkability.

Your future neighbors in the Orleans Ave/City Park Ave neighborhood of  New Orleans earn middle class incomes, and this neighborhood has a higher income than nearly 44 percent of the neighborhoods in America. 

In the Orleans Ave/City Park Ave neighborhood, over 59 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 nearly 24 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 10 percent, and over seven 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 other ethnicity or ancestry will express those cultures. 

In the Orleans Ave/City Park Ave neighborhood of New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Irish at 22 percent. There are also a number of people of German ancestry at nearly 19 percent, and residents who report French roots at almost 16 percent. Some of the residents are also of English ancestry at about 14 percent, along with some Italian ancestry residents coming in at just under 12 percent, while one percent claim Yugoslav ancestry, among others.

The most common language spoken in the Orleans Ave/City Park Ave neighborhood is English, spoken by nearly 91 percent of households, while  nearly four percent speak French.

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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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70119 Sherwood Forest

70119 Fairgrounds Mid City Bayou St John Lafitte St St. Philip St Esplanade Ave Stewart Ct Solomon St Industry St Elaine Pl Olympia St Rendon St Kerlerec St Romulus St Fortin St Crete St Wilshire St Lapeyrouse St Saint John Ct Canal St Portage Pl Governor Nicholls St 2737 St Peter Street 2201 Dumaine Gentilly Blvd Cortez St Broad St 2931 ponce de 603 N. Alexander St. Gravier St Cleveland Avenue # Gravier St Gravier St Cleveland Ave Dhemecourt St Harding Dr Iberville St  Julia St Saint Louis St Paris Ave Frenchmen St Jeff Davis Pkwy 2420 St Philip Street Saint Louis St Moss St Wilson Dr 3105 Toulouse 2726-28 St Phillip St Pauger St Perdido St Hennessey St Laharpe St Rendon St Duels St 2430-32 Barracks Street Hathaway Pl George Nick Connor St Bernadotte St Olympia St Mystery St 4841 Bienville St. 523 S. Hennessey St. 4131-33 Ulloa Frey Pl Bell St Tonti St Derby Pl Paul Morphy St George Nick Connor Dr Bruxelles St 4811-13 Bienville St. 624 N. Salcedo St. Broad St 4020 D’Hemecourt St. Maurepas St Roosevelt Pl Galvez St Rocheblave St Salcedo Street # First Floor Bayou Rd 2851 Grand Rte. St. John Havana St St Bernard Ave Gravier St Chalfant Pl Conti St Saint Peter St Delgado Dr Gayoso St 3225-27 Dumaine St. Saint Philip St Abundance St 231 N. Clark St. Dorgenois St Genois St Esplanade Ave Desaix Blvd Galvez St Dorgenois St Palmyra Cleveland Ave Cleveland Ave Desoto St Desoto St Fortin St Fortin St Saint Ann St Saint Philip St Fortin St Cortez St Rosiere St Clark St Rocheblave St 2744 St. Philip Street David St Dabadie St Orchid St Roger Williams St 2730 Ursulines St Dumaine St Trafalgar St Palmyra St 3219 St. Ann St. Dupre St Solomon Pl Beinville St Lopez St 4225-27 Toulouse St. Verna Ct Banks St White St Annette St Carrollton Ave Bienville St Hope St Pierce St Bellechasse St 238 S. Cortez 1857 deuls st Oreilly St Saint Patrick St Salcedo St Gravier St Republic St Canal St Broad St Yupon St Hagan Ave Baudin St Bungalow Ct Barracks St Telemachus St Desoto St Onzaga St White St Alexander St 1034-36 Crete St. 509-11 S. Pierce St. Murat St Grand Route Saint John Street # C 236 N Carrollton Ave Bradish Pl Jefferson Davis Pkwy Galvez St Miro St 932 Solomon Place Telemachus St Palmyra St Saint Patrick St Passera Ct Salcedo St St. Ann St Lincoln Ct Cleveland Ave A P Tureaud Ave JANE ALY 434 S. Scott St. Grnd Rte St John St Castiglione St Pierce St Tulane Ave Gayoso St Lepage St Jane Pl Cortez St Esplanade Avenue # Main Floor Scott St Castine St Vignaud St Genois St Gravier St Galvez St Gov Nicholls St Tonti St Gentilly Blvd Alexander Iberville St Anthony St Winthrop Pl St Philip Bienville St Orleans Ave Saint Peter St Olga St Gravier St Dorgenois St Tonti St D’Hemecourt St Sherwood Forest Dr Ulloa St 326 N Olympia St 500 S Jefferson Davis Pkwy Allard Blvd 421 s olympia Saint Ann St Dorgenois St Columbus St Murat St Picheloup Pl Saint Anthony St Ida St Parkview Pl Dupre St Bernadotte St Olga Ave Saint Bernard Ave Helena St 2714 Republic St Sauvage St Agriculture St Soloman St Saltus St Toulouse Dorgenois St Nrochebl Ave Jefferson Davis Pkwy Grand Rte Saint John St Galvez St Esplanade Ave Esplanade Ave Roosevelt Hennessey St Rousselin Dr 2931ponce A/B Ulloa St Aubry St Gravier St Tulane Ave Palmyra St Leda Ct Alden Pl 216-18 N. Bernadotte St. Gravier St Bienville Ave Flowerdale Ct Bell St Ulloa St Murat St For Rent Bruxelles St Saint Ann St For Rent New Orleans St Dorgenois St Toulouse St Carrollton Ave Serantine St Seratine St City Park Ave Gibson St Touro St Ponce De Leon St Law St St. Phillip St Taft Pl Belfort Ave Hennessey Olga Solomon St Annette St For Rent Treasure St Ursulines Ave Florida Ave Miro St Scott St Lopez St Allen St Clark St Alexander St

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