The Home Buyer's Korner

Information presented should be used for educational purposes only.

April 27th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Lower Garden DistrictArts District – Warehouse District

Tchoupitoulas St/Felicity St 70130 Neighborhood

The Home Buyer’s Korner

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Constance St New Orleans 70130

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The median real estate price is near $308,475 in the Tchoupitoulas St/Felicity St (Lower Garden District – Annunciation Square – Arts District – Cotton Mill Condominiums – Lengsfield Lofts – Warehouse District) neighborhood of New Orleans, Louisiana, which is more expensive than over 94 percent of the neighborhoods in the state and 74 percent of the neighborhoods in the country.

The average rental price in the Tchoupitoulas St/Felicity St neighborhood has been just under $1,675, and the average rental cost in this neighborhood is higher than 98 percent of the neighborhoods in Louisiana. Most of the residential real estate is renter occupied.

Tchoupitoulas St/Felicity St is a suburban 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 multi-family housing options like condominiums, town homes, duplexes, and apartments. The Tchoupitoulas St/Felicity St (Lower Garden District – Arts District -Warehouse District) neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America.

lower-garden-district-nov-19-1947

Magazine St at Erato St Nov 19, 1947

lower-garden-districtMost neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With over 89 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the country share this characteristic.

Furthermore, one of the really unique and interesting things about the look and setting of the Tchoupitoulas St/Felicity St neighborhood is that it is almost entirely dominated by multi-family housing options, with over 80 percent of the residential real estate here is classified as such.

Many of the residences in the Tchoupitoulas St/Felicity St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier, with a number of residences built between 2000 and present day.

Vacant apartments or homes are a fact of life in the Tchoupitoulas St/Felicity St neighborhood, and the current real estate vacancy rate here is over 31 percent, and higher than the rate of vacancies in nearly 95 percent all neighborhoods in the country. This can sometimes be the case in neighborhoods dominated by residents attending college. If you live here, you may find that a number of buildings in your neighborhood are actually empty. To learn more about this neighborhood’s vacancy rate, consult with 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. This particular neighborhood in New Orleans, the Tchoupitoulas St/Felicity St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. This neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone at 59 percent. This is a higher percent living alone than we found in over 99 percent of all neighborhoods nationwide. 

The rate of college educated adults in the Tchoupitoulas St/Felicity St neighborhood is a unique characteristic of the neighborhood. Nearly two-thirds of adults here have received at least a 4-year bachelor’s degree, compared to the average neighborhood in America, which has nearly 23 percent of the adults with a bachelor’s degree. 

The Tchoupitoulas St/Felicity St neighborhood stands out within Louisiana for its college student friendly environment. This neighborhood is home to a number of college students, and is relatively walkable and stands out as a good place for college students to consider. Because a number of college students live here, this neighborhood offers certain amenities nearby geared towards the student body. While it’s not an environment for everyone, ambitious scholars can enjoy the seasonal excitement between semesters and school breaks. 

In the Tchoupitoulas St/Felicity St neighborhood, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for over 12 percent of residents here. If you move here get ready to put on your walking shoes!

Your future neighbors in the Tchoupitoulas St/Felicity St neighborhood of New Orleans earn an upper-middle class incomes, and this neighborhood has a higher income than over 65 percent of the neighborhoods in the country. 

Executives, managers and professionals make up nearly 64 percent of the workforce in the Tchoupitoulas St/Felicity St neighborhood, which is a higher proportion of such high-level people than is found in nearly 96 percent of the neighborhoods in the country. For this reason, this neighborhood really stands out as unique. 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 17 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at over 11 percent, and nearly eight percent in government jobs, whether they are in local, state, or federal positions.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations. In the Tchoupitoulas St/Felicity St neighborhood over one percent of the residents are active in the military, and this neighborhood has the distinction of having a higher proportion of people in the military than nearly 96 percent of all neighborhoods in the country. 

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 Tchoupitoulas St/Felicity St neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at nearly nine percent. There are also a number of people of French, Irish, or Italian roots at over eight percent, among others. In addition, ten percent of the residents of this neighborhood were born in another country.

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 Tchoupitoulas St/Felicity St neighborhood is English, spoken by 84 percent of households, while over six percent speak French. 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

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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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70130 Lower Garden District – Arts District -Cotton Mill Condominiums – Lengsfield Lofts – Warehouse District

70130 French Quarter Lower Garden District Race St Jackson Ave Rousseau St Common St 2nd St Polymnia St Terpsichore St Chestnut St Camp St Decatur St Bourbon St Clio St 2 1525 Clio St St Charles Ave Union St Clio St Orange St Melpomene St Thalia St Canal St WHITNEY BLDG Port of Orleans Pl Carondelet St 2nd St Annunciation St Annunciation St Camp St Carondelet St Carondelet St Coliseum St Constance St Euterpe St Jackson Ave Jackson Ave Jackson Ave Jackson Ave Magazine St Magazine St Margaret Pl Saint Andrew St Saint Andrew St Saint Mary St Philip St Washington Ave Washington Ave 536 Royal St St Charles Ave Constance St Chippewa St Chippewa St Notre Dame St Richard St 450 John Churchill Chase Prytania St 1805 coliseum st #1 402 Julia Street 812-814 Philip 539 Toulouse St. Tchoupitoulas St 333 julia st. #508 Wilkinson St Jackson Ave Saint James St Peters St Hastings Place # Peters St 3rd St 3rd St 2625 constance Wilkinson St St Charles Ave 1st St Washington Ave 1430 Jackson Avenue Harmony St Poydras St 448 Julia St. Conti St Annunciation St Thalia St Erato St Felicity St Prytania St Laurel St Gravier St 920 Poeyfarre St Royal St Felicity St Lafayette St Philip Diamond St Jackson Ave 610 John Churchill Chase St. Charles Ave Religious St Saint Louis St Exchange Pl Saint Andrew St Philip St Commerce St Jackson Ave 920 Poeyfarre Street Chartres St 920 Poeyfarre St. 1805 Coliseum St. #1 Melpomene St Saint Mary St 1st St Josephine St Chippewa St Laurel St Chippewa St Julia St St Charles Ave 515 226 Decatur Natchez St 516 Conti St 1631-33 Saint Charles Ave Hastings Pl Girod St Magazine St For Sale Bienville St Julia St River Rd Fourth St Carondelet St Commerce St Euterpe St Urania St 1st St Saint Charles Ave Phillip St Sophie Wright Pl 448 Julia Street Celeste St St. Mary 2619 st Thomas street Soraparu St Iberville St John Churchill Chase St 334 Carondelet Street 1818 Carondelet St 2527 Rousseau St Carondelet St -Robert C Blakes Sr Dr Coliseum St 1817 1821 Magazine St Annunciation St Diamond St Saint Joseph StPort  of New Orleans Pl Poeyfarre St Saint Thomas St 425 Notre Dame St 600 Port of New Orleans Place Toulouse St Magazine St Peters St 4th St

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