The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 16th, 2016

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GREATER NEW ORLEANS, LOUISIANA

South Seventh Ward 70116 & 70119 Neighborhood

The Home Buyer’s Korner

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BUILDING THE DREAM OF HOME OWNERSHIP

N Villere St New Orleans LA 70116

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The median real estate price in the South Seventh Ward neighborhood of New Orleans, Louisiana $144,575, which is more expensive than nearly 55 percent of the neighborhoods in the state and 39 percent of the neighborhoods in the country.

The average rental price in the South Seventh Ward is currently $900 a month, and rents here are currently lower in price than 48 percent of all the neighborhoods in Louisiana. Most of the residential real estate is renter occupied.

The South Seventh Ward 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.

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the South Seventh Ward neighborhood is one to consider with over 25 percent of the homes and real estate here classified as row houses or other attached homes. This neighborhood brims with opportunity to find the right place to call home.

Many of the residences in the South Seventh Ward neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier, while a number of homes were also built between 1940 and 1969.

Vacant homes or apartments are a fact of life in South Seventh Ward, and the current real estate vacancy rate here is over 35 percent. To understand this neighborhood’s vacancy rate and its effect 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 so important to learn all you can before choosing a neighborhood to call home.

Are you an advent bicyclist and 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 South Seventh Ward neighborhood, it’s a real option that 15 percent of this neighborhood’s resident’s do daily.

An equaling 15 percent of the residents here in the South Seventh Ward choose to walk to work each day. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here, and in this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone, in fact the percentage of single residents here is in excess of 47 percent. 

With a nice mix of college students, decent walkability, the South Seventh Ward neighborhood is a great place the college students and their parents may want to consider, with certain amenities and services geared towards college students, from undergraduates to graduate students. 

Your future neighbors in the South Seventh Ward neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than 94 percent of all 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.

 More than 54 percent of the residents living in the South Seventh Ward neighborhood are employed as sales and service workers. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of New Orleans’ employment picture, and this neighborhood stands out as unique due to the dominance of people living here who work in such occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with more than 33 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at nearly 12 percent, and over nine percent in manufacturing and laborer 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 ancestries will express those cultures. 

In the South Seventh Ward neighborhood of New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at 19 percent. There are also a number of people who report German or Irish roots at over three percent. Some of the residents are also of English ancestry at nearly two percent, 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 South Seventh Ward neighborhood is English, spoken by over 88 percent of households, while five percent speaks Russian. 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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70116 70119 South Seventh Ward

70116 Treme Lefitte Seventh Ward Marigny French Quarter Henriette Delille St Rampart St 1214 North Johnson St. Touro St For Rent ROMAN ST Old Saint Bernard St Touro St Decatur St Bourbon St Urquhart St Burgundy St Gov Nicholls St 1322 Esplanade ave. Esplanade Ave Ursulines Ave Claiborne Ave Dauphine St A P Tureaud Ave Marais St ST LOUIS ST 9 Saint Philip St Ursulines Ave Ursulines Ave 900 Dumaine Magnolia St Frenchman Marais St Rue Saint Philip 1239 N Johnson Saint Peter St 914 St Ann Street New Orleans St Claiborne Ave Rampart St Columbus St 1316 Frenchmen St Touro St Rampart St Johnson Oreilly St Esplanade Ave Prieur St Bayou Rd Onzaga St St. Claude Ave Frenchman St Royal St Saint Philip St 1400 St. Anthony St. Dauphine St Burgundy St ST ANTHONY ST ST LOUIS ST Dabadie St Rampart St Dumaine St Saint Anthony St Governor Nicholls St 916 St Ann Rampart 208 Treme St Villere St Chartres St Lapeyrouse St Kerlerec St 2423 Pauger St Aubry St Burgundy St Rampart St 1301 N Rampart Street French Market Pl Dumaine St ELYSIAN FIELDS AVE Esplanade Ave Pauger St Pauger St Johnson St Old Prieur St Prieur St Saint Ann St Orleans Ave 1224 Bourbon St Saint Anthony St Governor Nicholls St Roman St Burgundy St Robertson St For Sale 2024 Pauger St 1625 St. Anthony St. 1015 Governor Nicholls #3 Annette St Saint Bernard Ave PIRATES ALY Saint Anthony St Derbigny St Gov Nicholls St Saint Philip St Amelia St Allen St Laharpe St Robertson Saint Peter St Robertson St 816 Governor Nicholls St. 919 gov nicholls Frenchmen St Old Roman St Barracks St Saint Claude Ave Prieur St 1029 Barracks Saint Peter St Saint Peter St Burgundy St Madison St  

70119 South Seventh Ward 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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