The Home Buyer's Korner

Information presented should be used for educational purposes only.

May 9th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Central City

S Claiborne Ave/Jackson Ave 70113 & 70125 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

2601 Josephine St, New Orleans, LA 70113

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The median real estate price in the S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood is just over $133,400, which is more expensive than nearly 50 percent of the neighborhoods in the state and almost 33 percent of all the neighborhoods in the country.

The average rental price in the S Claiborne Ave/Jackson Ave neighborhood is currently at just under $1100 a month, and the average rental cost in this neighborhood is higher than over 73 percent of the neighborhoods in Louisiana. Most of the residential real estate is renter occupied.

S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) area is an urban neighborhood located in New Orleans, Louisiana, and real estate is primarily made up of small studios and two bedroom to medium sized three or four bedroom small multi-family housing options like condominiums, town homes, duplexes and apartments.  

If you love row houses and attached homes, you will probably really like the S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood. The ambiance, the charm, of row houses is something special. And in the sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, over 28 percent of the residential real estate here is classified as row houses and attached homes.

Many of the residences in the S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant homes are a fact of life in the S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood, and the current real estate vacancy rate here is nearly 39 percent. To understand more about this neighborhood’s vacancy rate and its effects 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. 

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With nearly four percent of residents in the S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than nearly 97 percent of all neighborhoods in the country.

Additionally, 18 percent commuters here use public transportation to work. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Your future neighbors in the S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than over 98 percent of neighborhoods in the country.

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 S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood, over 37 percent of the working population is employed in manufacturing and laborer 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 30 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at over 16 percent, while an equal amount area 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 S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as Black or African-American at over 21 percent, and residents who report Asian roots at nearly three percent. Some of the residents are also of English ancestry at just over two percent.

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 S Claiborne Ave/Jackson Ave (Central City – Hoffman Triangle) neighborhood is English, spoken by over 91 percent of households, while three percent speaks Vietnamese. Other important languages spoken here include 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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START YOUR PATH TO HOME OWNERSHIP TODAY

FNMA HomeStyle 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 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

70113 70125 Central City – Hoffman Triangle

70113 Central City North Street Josephine St Philip St Lafayette St Terpsichore St Danneel Street # Robertson St Lasalle St 2215 Felicity Street Baronne St Oretha C Haley Blvd Clara St Washington Ave Baronne St Euterpe St St. Andrew St 1st St 2725 Philp St 1st St Saint Andrew St Freret St Lafayette St Lafayette St ST CHARLES AVE Dryades St 712 Salcedo Julia St Danneel St Saratoga St Julia St 1737-39 First St. Simon Bolivar Ave Thalia St 2619 Danneel Street Jackson Ave Felicity St Liberty St Willow St Danneel 2125 Josephine St Okeefe Ave Martin Luther King Jr Blvd 2nd St Erato St Loyola Ave 3rd St Washington Brainard St Rampart St Girod St 4th St Magnolia St Saint Joseph St Clio St Robertson St

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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