The Home Buyer's Korner

Information presented should be used for educational purposes only.

June 14th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

East New Orleans

Village de L’Est 70129 Neighborhood

The Home Buyer’s Korner

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General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Dwyer Blvd New Orleans LA 70129

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The median real estate price in the Village de L’Est (Maple Ridge) neighborhood of New Orleans, Louisiana is 121,250, which is more expensive than over 41 percent of the neighborhoods in the state and nearly 30 percent of the neighborhoods in the county.

The average rental price in Village de L’Est is currently $750 a month, and rents here are currently lower in price than over 71 percent of neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Village de L’Est area is an urban neighborhood located in New Orleans, Louisiana, and real estate is primarily made up of medium sized three and four bedroom to small studios or two bedroom single-family homes and other multi-family housing options like condominiums, town homes, duplexes, and apartments.  Many of the residences in the Village de L’Est neighborhood are established, but not old, having been built between 1970 and 1999, while a number of residences were built between 1940 and 1969.

Vacant homes or apartment are a fact of life in Village de L’Est and the current real estate vacancy rate here is nearly 27 percent. To understand this neighborhood’s 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 so important to learn all you can about the neighborhood you’re considering to call home.

With a nice mix of college students, safety from crime, and decent walkability, the Village de L’Est neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. 

Your future neighbors in the Village de L’Est neighborhood in New Orleans earn modest incomes, and this neighborhood has an income lower than 92 percent of neighborhoods across the country. 

In the Village de L’Est neighborhood, over 43 percent of the working population is employed in manufacturing and laborer occupations. More people work in manufacturing and as laborers here in the Village de L’Est neighborhood than in over 97 percent of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many manufacturers and residents who work for them.

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 32 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at over 18 percent, and nearly six percent in clerical, assistant, and tech support 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 Village de L’Est neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Asian at over 47 percent. There are also a number of people of Mexican ancestry at more than four percent.

Do you like to be surrounded by people from all over the country or the world, with different perspectives and life experiences? This neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the nearly 53 percent of the Village de L’Est neighborhood residents 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 Village de L’Est neighborhood is Vietnamese, spoken by nearly 47 percent of households. Other important languages spoken here include Spanish and English.

VISIT OUR GREATER NEW ORLEANS “HOMES FOR SALE” BOARDS

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Village de L’Est – Maple Ridge

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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.

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

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70129 Village de L’Est – Maple Ridge

70129 Viavant Venetian Isles Paris Rd Brittany Ct Intrepid St San Remo Rd Horizon Dr San Rocco St Dwyer Blvd Granville St Toulon St Naples St Lots B & C Burton Rd Lots D & E Burton Rd SCHEMKEL DR Voyageur Ct Voyageur Dr Provincial Pl Endeavors Ct 20647 Old Spanish Trail Adventure Ave Strasbourg Pl Nemours St Revel St Saigon Dr Cannes St Grand Bayou Dr San Trovaso St Nemours St Patio Way Maple Wood Dr Naples Ot Vanchu Dr Cavelier Dr New England Dr Old Spanish Trl Oak Ridge Dr Schmaltz Dr Cernay St Wayfarer St Biscay St Avoyelles Pl My Viet Dr Lemans St Francesco Rd Touche Palace St RTE 5 RTE 6 RIDGEWAY BLVD Alsace St Charmes Ct Lemans St Murano Rd Hayne Blvd Laval St New Hampshire Dr Sevres St Caddo Pl Maucele Acadiana Pl Ridgeway Blvd Martin St Clinton Dr Lucrino Rd San Marco Rd Chateau Ct Trappers Ct Tudo Dr Bergerac St Lake Breeze Dr Trieste St Saint Marie Ct Saint Marie Dr Jacobs Savoie Ct Calais St Marchand Dr Michoud Blvd Cavelier Dr Veronese St Burton Rd Beaucaire St Cherbourg St Saint Helena Pl Venetian Isles Dominic Mai Dr Fort Macomb Rd Pierres Ct Genoa Rd Chef Menteur Hwy Peltier St Alba Rd Alba Rd E Alba Rd W Lourdes St Expedition Dr Deauville Ct Marseille St Petit Bayou Ln Dominique Pl Corsica Pl Point Coupee Pl 4440-50 SAN REMO Explorers Ave Maple Ridge Dr Red Maple Dr Hessler Mayn St Lemans St Kim Ct Gilbert St San Giorgio St Founders Ct Willow Ridge Dr Kim Dr Alcee Fortier Blvd Treves St Assumption Pl Willowbrook Dr Horizon Ct OLD GENTILLY RD

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