The Home Buyer's Korner

Information presented should be used for educational purposes only.

May 14th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Algiers

Thayer St/Patterson Dr 70114 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Wagner St New Orleans LA 70114

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The median real estate price in the Thayer St/Patterson Dr (Algiers – Riverpoint – Whitney – Whitney Heights) neighborhood of New Orleans, Louisiana is $122,825, which is more expensive than 43 percent of the neighborhoods in the state and over 30 percent of the neighborhoods in the country.

The average rental price in the Thayer St/Patterson Dr neighborhood is currently just under $1000 a month, and the average rental cost in this neighborhood is higher than over 65 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Thayer St/Patterson Dr area is a suburban neighborhood located in New Orleans, Louisiana. The residential real estate is primarily made up of medium sized three and four bedroom to small studios to two bedroom single-family homes and other multi-family housing options like condominiums, town homes, duplexes, and apartments.  Many of the residences in the Thayer St/Patterson Dr neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were built before 1940.

Vacant homes and apartments are a fact of life in the Thayer St/Patterson Dr neighborhood, and the current real estate vacancy rate here is just under 25 percent. To understand more about this neighborhoods vacancy rate and its effects 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 important to learn all you can about the neighborhood you plan to call home.

Your future neighbors in the Thayer St/Patterson Dr neighborhood in New Orleans earn modest incomes, and this neighborhood has an income lower than nearly 88 percent of all the neighborhoods in America. 

In the Thayer St/Patterson Dr neighborhood, 29 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 26 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at over 25 percent, and nearly 21 percent 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 Thayer St/Patterson Dr neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at over seven percent. There are also a number of people of German or Irish roots at nearly four percent each, and some of the residents are also of French ancestry residents at three percent, among others.

The most common language spoken in the Thayer St/Patterson Dr neighborhood is English, spoken by over 97 percent of households, while more than two percent of residents speak Spanish.

VISIT OUR GREATER NEW ORLEANS “HOMES FOR SALE” BOARDS

Livingston Homes for Sale

Algiers – Riverpoint – Whitney – Whitney Heights

FIND HOMES THROUGHOUT GREATER NEW ORLEANS LOUISIANA

HUD HOMES FOR SALE IN GREATER NEW ORLEANS LA

USDA RURAL DEVELOPMENT HOMES FOR SALE IN GREATER NEW ORLEANS LA

FIND FORECLOSURES IN GREATER NEW ORLEANS LA

FIND MORE FORECLOSURES IN NEW ORLEANS LA

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.

To print this document, click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen, you will have the option to

“Create A Printable PDF of the Presentation”.

START YOUR PATH TO HOME OWNERSHIP TODAY

FNMA HomeStyle FHA 203K 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 Vacation 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 Down Payment Assistance

70114 Algiers – Riverpoint – Whitney – Whitney Heights

70114 Algiers PointWestbank Expy Hermosa St Anson St Ricks Pl Florence Dr Slidell St De Armas St Macarthur Blvd Bouny St Holiday Dr Caesar Dr Halsey Ave Delaronde St VESPASIAN ST Hendee St Monplaiser Pl Belleville St Whitney Ave Sumner St Elmwood Park Dr Odeon Ave Holiday Pl Park Blvd Idaho St Jo Ann Pl Kansas St Elizardi Blvd Atlantic Ave Evelina St Americus St Leboeuf St Olivier St Baldwin Woods Rd Oregon St Columbus St Alix St Gallatin St Verret St Indiana St Wabash St Easter Ln Nevada St Lavergne St Wall Blvd Patterson Dr Old Behrman Hwy Pacific Ave Utah St Morgan St Shepard Ct Pinewood Ct Diana St General Collins Ave General Degaulle Dr Vespasian Blvd Southlawn Blvd Shalett St Pelican Ave Semmes St Murl St Alix Elmira Stre Kraft Pl Bermuda St Morgan St Vallette St For Rent Only Amazon St General Meyer Ave Cypress Acres Dr Westpark Ct Herschel St Pace Michael St Ptolemy St Shade Tree Ln 69TH AVE Elmira Ave Behrman Ave Behrman Hwy Heritage Ln Pelican Ave Memorial Park Dr Tita St Berhman Ave Shirley Dr Carriage Ln Abalon Ct Homestead Dr Valentine Ct Rose Ln SOCRATES ST Springbrook Ln Lees Ln Bringier St Thayer St Westpark Ct Potomac St Richland Rd Opelousas Ave Georgia St Pace Blvd Hero St Homer St Garden Oaks Dr Greenspoint Dr Shepard St Morgan St Gen Collins Ave Erie St Evergreen Ave Flanders St Copernicus St Newton St Camelia Trce Teche St Pacific Ave Homestead Dr Westbend Pkwy Wagner St Abalon Ct Luna St Lauradale Dr 16 Couret Place Nevada Ot Hudson St Seguin St Morgan St Mardi Gras Blvd Arizona St Eliza St Elmira Ave Bounty St Catalina Dr Bodenger Blvd Marr Ave Saux Ln Homestead Dr Elmira St Behrman Pl Seine St Terry St Greenpoint Dr Horace St Winston St Numa St Floral Ln Darensburg Ct Wiltz Ln Brooklyn St Iowa St Vallette St Merrill St Olivier St For Rent Cobblestone Ln 1133 Belleville St Magellan St Nunez St Sabine St Lawrence St Majestic Pl L B Landry Ave 3105 Patterson Street Powder St Mediamolle Dr 3600 General Meyer Ave Casa Calvo St BELLEVILLE CT Belleville St Vallette St 3021 COPERNICUS Lamarque St Westbend Pkwy Mercedes Blvd Farragut St L B Landry Ave

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