The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 4th, 2016

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GREATER NEW ORLEANS, LOUISIANA

Carrollton – Fontainebleau

S Claibourne Ave/Burdette St 70125 Neighborhood

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

Nelson St New Orleans LA 70125

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The median real estate price in the S Claibourne Ave/Burdette St (Central Carrollton – Fontainebleau) neighborhood of New Orleans, Louisiana is $330,950, which is more expensive than nearly 96 percent of the neighborhoods in the state and over 78 percent of the neighborhoods in the country.

The average rental price in the S Claibourne Ave/Burdette St (Central Carrollton – Fontainebleau) neighborhood is currently $1,375, and the average rental cost in this neighborhood is higher than nearly 93 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

S Claibourne Ave/Burdette St (Central Carrollton – Fontainebleau) 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. Three-deckers, duplexes, old Victorian homes cut up into apartments and independent stores on the corner selling pizza make up this neighborhood. These homes and businesses are some of the hallmarks of neighborhoods with lots of small two, three, and four unit buildings. The S Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) neighborhood really stands out in this regard, and is a stunning visual example of this type of neighborhood. In fact, over 37 percent of the real estate are small two, three, or four unit buildings. Do you enjoy watching home improvement shows? 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 S Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) neighborhood stands out on a national scale for the sheer concentration of historic residences it contains, with nearly 63 percent of the residential real estate here was built from 1939 or earlier, some much earlier, while a number of residences were built between 1940 and 1969.

Vacant homes or apartments are a fact of life in the S Claibourne Ave/Burdette St (Central Carrollton – Fontainebleau) neighborhood, and the current real estate vacancy rate here is over 17 percent. 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, and why it’s so important to learn all you can about the neighborhood you plan to call home. The neighborhood has some really cool things about the way it looks and feels.

If your dream is to be able to ride your bike to work each day, look no further than this neighborhood and join the nearly seven percent of residents in the S Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) neighborhood commuting on a bicycle to and from work daily.

Some neighborhoods have residents that are more educated than others and in this neighborhood, there is a dramatic difference. With over 35 percent of the adults here have earned a Masters degree, a Medical degree, Ph.D., or Law degree, this neighborhood has a higher rate of residents with a graduate degree than is found in over 97 percent of the neighborhoods in America. If you are highly educated, you may have much in common with many of your neighbors here.

One of the really interesting things about the S Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) 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. Between semesters and during school breaks, you’ll notice that the excitement here fluctuates with the college seasons.

Your future neighbors in the S Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) neighborhood in New Orleans earn upper middle class incomes, and that this neighborhood has a higher income than 70 percent of the neighborhoods in America. 

In the S Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) 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 22 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 12 percent, and nearly seven percent in manufacturing and laborer 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 S Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as English at over 15 percent. There are also a number of people of German ancestry at nearly 13 percent, and residents who report French roots at almost 11 percent. Some of the residents are also of Irish ancestry at over 10 percent, along with some Asian ancestry residents at five percent, while just under two percent has British ancestry, among others.

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 Claibourne Ave/Burette St (Central Carrollton – Fontainebleau) neighborhood is English, spoken by over 88 percent of households, while over three percent speak French. Other important languages spoken here include Spanish and South Asian languages.

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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

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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 Central Carrollton – Fontainebleau

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