The Home Buyer's Korner

Information presented should be used for educational purposes only.

May 13th, 2016

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GREATER NEW ORLEANS, LOUISIANA

Algiers Point

Patterson Dr/Verret St 70114 Neighborhood

The Home Buyer’s Korner

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General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Bermuda St New Orleans LA 70114

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The median real estate price in the Patterson Dr/Verret St (Algiers Point) neighborhood of New Orleans, Louisiana  is $269,750, which is more expensive than over 91 percent of the neighborhoods in Louisiana and nearly 71 percent of the neighborhoods in the country.

The average rental price in the Patterson Dr/Verret St (Algiers Point) is slightly under $1025, and the average rental cost in this neighborhood is higher than nearly 68 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters

Patterson Dr/Verret St (Algiers Point) is an urban neighborhood located in New Orleans, Louisiana. The residential real estate here 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.

Many of the residences in the Patterson Dr/Verret St (Algiers Point) 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 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 unique neighborhood. The Patterson Dr/Verret St (Algiers Point) neighborhood stands out on a national scale for the sheer concentration of historic residences it contains, with nearly 73 percent of the residential real estate here was built from 1939 or earlier, some much earlier.

Patterson Dr/Verret St (Algiers Point) has a vacancy rate over 16 percent, which is above the national average and compared to all other neighborhoods in the country. To understand more about this neighborhoods vacancy rate and its effects 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. Some places look the same, but they only reveal their true character after living in them for a while, and why it’s important to learn all you can about the neighborhood you plan to call home.

Patterson Dr/Verret St (Algiers Point) has the distinction of housing more residents of the LGBT community than over 97 percent of neighborhoods in America. If you are seeking such a neighborhood, this is one to consider.

Your future neighbors in the Patterson Dr/Verret St (Algiers Point) neighborhood of New Orleans earn middle class incomes, and this neighborhood has a higher income than almost 47 percent of the neighborhoods in the country. 

In the Patterson Dr/Verret St (Algiers Point) neighborhood, nearly 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 over 23 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at almost 14 percent and five percent in government jobs, whether they are in local, state, or federal positions.

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 ethnicities and ancestries 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 Patterson Dr/Verret St (Algiers Point) neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as German or Irish at over 14 percent each. There are also a number of people of French or Italian roots nearly 10 percent each. Some of the residents are also of  English ancestry residents at nearly nine percent, while just over one percent has Spanish roots.

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 Patterson Dr/Verret St (Algiers Point) neighborhood is English, spoken by 89 percent of households, while nearly three percent speak German. Other important languages spoken here include Spanish and 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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70114 Algiers PointWestbank Expy Hermosa St Anson St Ricks Pl Florence Dr Slidell St De Armas St Macarthur Blvd Bouny St Holiday Dr Caesar Dr Halsey Ave Delaronde St VESPASIAN ST Hendee St Monplaiser Pl Belleville St Whitney Ave Sumner St Elmwood Park Dr Odeon Ave Holiday Pl Park Blvd Idaho St Jo Ann Pl Kansas St Elizardi Blvd Atlantic Ave Evelina St Americus St Leboeuf St Olivier St Baldwin Woods Rd Oregon St Columbus St Alix St Gallatin St Verret St Indiana St Wabash St Easter Ln Nevada St Lavergne St Wall Blvd Patterson Dr Old Behrman Hwy Pacific Ave Utah St Morgan St Shepard Ct Pinewood Ct Diana St General Collins Ave General Degaulle Dr Vespasian Blvd Southlawn Blvd Shalett St Pelican Ave Semmes St Murl St Alix Elmira Stre Kraft Pl Bermuda St Morgan St Vallette St For Rent Only Amazon St General Meyer Ave Cypress Acres Dr Westpark Ct Herschel St Pace Michael St Ptolemy St Shade Tree Ln 69TH AVE Elmira Ave Behrman Ave Behrman Hwy Heritage Ln Pelican Ave Memorial Park Dr Tita St Berhman Ave Shirley Dr Carriage Ln Abalon Ct Homestead Dr Valentine Ct Rose Ln SOCRATES ST Springbrook Ln Lees Ln Bringier St Thayer St Westpark Ct Potomac St Richland Rd Opelousas Ave Georgia St Pace Blvd Hero St Homer St Garden Oaks Dr Greenspoint Dr Shepard St Morgan St Gen Collins Ave Erie St Evergreen Ave Flanders St Copernicus St Newton St Camelia Trce Teche St Pacific Ave Homestead Dr Westbend Pkwy Wagner St Abalon Ct Luna St Lauradale Dr 16 Couret Place Nevada Ot Hudson St Seguin St Morgan St Mardi Gras Blvd Arizona St Eliza St Elmira Ave Bounty St Catalina Dr Bodenger Blvd Marr Ave Saux Ln Homestead Dr Elmira St Behrman Pl Seine St Terry St Greenpoint Dr Horace St Winston St Numa St Floral Ln Darensburg Ct Wiltz Ln Brooklyn St Iowa St Vallette St Merrill St Olivier St For Rent Cobblestone Ln 1133 Belleville St Magellan St Nunez St Sabine St Lawrence St Majestic Pl L B Landry Ave 3105 Patterson Street Powder St Mediamolle Dr 3600 General Meyer Ave Casa Calvo St BELLEVILLE CT Belleville St Vallette St 3021 COPERNICUS Lamarque St Westbend Pkwy Mercedes Blvd Farragut St L B Landry Ave

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