The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 5th, 2016

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GREATER NEW ORLEANS, LOUISIANA

Broadmoor

S Claiborne Ave/Toledano St 70125 Neighborhood

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

S Johnson St New Orleans LA 70125

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The median real estate price in the S Claiborne Ave/Toledano St (Broadmoor) neighborhood of New Orleans, Louisiana is $234,925, which is more expensive than nearly 87 percent of the neighborhoods in the state and 65 percent of the neighborhoods in the country.

The average rental price in the S Claiborne Ave/Toledano St (Broadmoor) neighborhood is currently $900 a month, and rents here are currently lower in price than 49 percent of all the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

S Claiborne Ave/Toledano St (Broadmoor) area 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. Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes, these buildings define the real estate in neighborhoods dominated by small two, three, and four unit buildings. Many are in older core neighborhoods of New Orleans. If you wax 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 S Claiborne Ave/Toledano St (Broadmoor) neighborhood worth a closer look. This neighborhood is an absolutely outstanding example of the dominance of small two, three, and four unit buildings compared to neighborhoods across the nation. In fact, over 39 percent of the real estate here is made up of such dwellings.

Many of the residences in the S Claiborne Ave/Toledano St (Broadmoor) neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were built before 1940.

Vacant homes or apartments are a fact of life in the S Claiborne Ave/Toledano St (Broadmoor) neighborhood, and the current real estate vacancy rate here is over 21 percent. To understand more about this neighborhood’s vacancy rate and its effect on your home buying or selling options, consult your real estate agent.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular flair and why it’s important to learn all you can about the neighborhood to call home

Your future neighbors in the S Claiborne Ave/Toledano St (Broadmoor) neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than 97 percent of all other neighborhoods in America. 

There are more people living in the S Claiborne Ave/Toledano St (Broadmoor) neighborhood employed as sales and service workers than almost any neighborhood in the country, and in this neighborhood, 50 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with nearly 23 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at over 18 percent, and nearly 10 percent in manufacturing and laborer occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand. Places with concentrations of people of one or more ancestry often express those shared learning behaviors and this gives each neighborhood its own culture.

In the S Claiborne Ave/Toledano St (Broadmoor) neighborhood of New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at nearly 22 percent. There are also a number of people of German roots at over three percent. Some of the residents are also of English or French ancestry at more than one percent, among others.

The most common language spoken in the S Claiborne Ave/Toledano St (Broadmoor) neighborhood is English, spoken by nearly 99 percent of households.

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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 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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