The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 5th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Gentilly

 Warrington Dr/Robert E Lee Blvd 70122 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Burbank Dr New Orleans LA 70122

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The median real estate price in the Warrington Dr/Robert E Lee Blvd (Gentilly – Burbank Gardens – Vista Park) neighborhood of New Orleans, Louisiana is $161,450, which is more expensive than over 65 percent of the neighborhoods in the state and more than 46 percent the neighborhoods in the country.

The average rental price in the Warrington Dr/Robert E Lee Blvd neighborhood is currently $1,100, and the average rental cost in this neighborhood is higher than over 74 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Warrington Dr/Robert E Lee Blvd 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 of the residences in the Warrington Dr/Robert E Lee Blvd neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were built between 1970 and 1999.

Warrington Dr/Robert E Lee Blvd area has a 17 percent vacancy rate, which is above average compared to other neighborhoods nationwide. 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 a neighborhood you plan to call home.

The Warrington Dr/Robert E Lee Blvd neighborhood is a great neighborhood for first-time home buyers to consider. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying a home in the Warrington Dr/Robert E Lee Blvd neighborhood is not only an accessible option, but it could be a great investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students.

Many people dream of living along a street lined with row houses or other attached homes, and these places often have an abundance of charm. If you are one of these people, the Warrington Dr/Robert E Lee Blvd neighborhood could be your dream neighborhood, with nearly 27 percent of the homes and real estate here classified as row houses or other attached homes. Simply put, this neighborhood brims with opportunity to find the right place to call home. 

Your future neighbors in the Warrington Dr/Robert E Lee Blvd neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than nearly 86 percent neighborhoods in the country.

In the Warrington Dr/Robert E Lee Blvd neighborhood, 40 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 over 25 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at more than 22 percent, and over twelve percent in manufacturing and laborer occupations.

Culture is shared learning behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture, our learned behavior, comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand. Places with concentrations of people of one or other ancestry often express those shared learning behaviors and this gives each neighborhood its own culture.

In the Warrington Dr/Robert E Lee Blvd neighborhood of New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African at nearly nine percent, and residents who report French roots at almost eight percent. Some of the residents are also of Italian ancestry almost five percent, along with some Asian ancestry residents at four 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 Warrington Dr/Robert E Lee Blvd neighborhood is English, spoken by over 84 percent of households, while more than three 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

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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START YOUR PATH TO HOME OWNERSHIP TODAY

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70122 Gentilly – Burbank Gardens – Vista Park

70122 Fillmore Camp Leroy Johnson Gentilly Saint Bernard Area Saint Denis St Elder St Jumonville St Acacia St Virgil Blvd Sage St Frenchmen St Sere St Encampment St Westbrook Dr Gladiolus St Treasure St Wellington Dr Jonquil St Sumpter St Stephen Girard St Havana Pl Havana St Piedmont Dr Florida Ave 3642 Clematis St Rayne Dr Iris St Deers St St Anthony Ave Hamburg St Davey St Foy St Republic St Constitution Pl Lavender St Jeannie Marie Pl Monterey St Randolph Ave Humanity St Buchanan St Benefit St Sybil St Senate St Fairmont Dr Broad St Van Ave 2647 robert e. lee Kennon Ave ST ANTHONY ST Caton Ct Jasmine St Caton St Pleasure St Wallace Dr Park Island Dr Agriculture St Gibson St Wakefield Pl Harcourt Dr Abundance St Edge St Lafreniere St Verbena St Croftway Ct Pelopidas St Mandolin St Industry St Lombard St Clematis St Saint Roch Ave Aster St Bruxelles St Live Oak Pl CLOVER ST Bay St Myrtle St Overton Dr London Ave Harrison Ave Gentilly Blvd Montpelier St Montreal St Rabbits St Clermont Dr Jeanne Marie Pl Wisteria St Clover St Paula St Lotus St Cadillac St Duplessis St Overton Dr Bancroft Dr Demontluzin St For Rent Madrid St Marigny St Cameron Blvd Arts Owens Blvd Paris Ave Frenchmen St New York St Mendez St London Dr Chatham Dr Venus St Moss St Wildair St A PAUGER ST Frankfort St Jay St Painters St Eads St Bancroft Dr 6042 Pratt Drive Mexico St Franklin Ave Mithra St Wadsworth Dr 4919 St. Roch Ave. Carlson Dr Western St Crescent Dr Curie St Robert E Lee Blvd Saint Roch Ave Soldiers St King Dr Vermillion Blvd Perlita Dr Perlita St Dreux Ave Lark St Verbena St For Rent Fortress Rd Eastern St Caldwell Dr Chamberlain Dr Wilton Dr Wildair Dr Seville Dr Timoleon St Annette St Alfred St Rosary Dr Ern 5241 chamberlain dr. Selma St Leon C Simon Dr Elysian Fields Ave Filmore Ave Gardena Dr 5000 Chamberlain Pratt Dr Pratt Pl Mirabeau Ave Riviera Ave Granada Dr Baccich St Athis St Mandeville St Wainwright Dr Mandeville Street # Miles Dr 1442 Mithra Street 1603 Charlton Drive 5012 Paris Avenue 1600 LAKESHORE DRIVE Baccich St Pasteur Blvd Moore Dr Bertha Dr Oriole St Prentiss Ave Spain St Marjorie Ln 2536 robert e. lee Carnot St 2251 Vienna Street Burbank Dr Demontluzin St 4763 painters Charlotte Dr Vienna St Baccich St Aviators St Mexico St Wilton Dr For Sale Music St Charlton Dr Saint Anthony Ave Filmore Ave 1343 seville dr. Pressburg St St Benard Ave Saint Bernard Ave Rapides Dr Pratt Dr Wickfield Dr Lakeshore Dr Arts St Waldo Dr Robin St 2412 PRESSBURG ST Killdeer St Warrington Dr Lafaye St Odin St Peoples Ave Lake Oaks Pkwy Cabrini Ct Brutus St Cartier Ave Cartier Dr New Orleans St Lisbon St Cartwright Dr Spain St Arts St Touro St Milton St Allen St Wingate Dr Spanish Fort Shell Rd Virginia Marie St

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