The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 8th, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Gentilly

Wilton Dr/Warrington Dr 70122 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

Touro St New Orleans LA 70122

Get Pre Approved for a Home Loan

The median real estate price in the Wilton Dr/Warrington Dr (Gentilly – Vista Park – Mirabeau Gardens) neighborhood of New Orleans, Louisiana is $161,150, which is more expensive than over 65 percent of the neighborhoods in state and 45 percent of the neighborhoods in the country.

The average rental price in the Wilton Dr/Warrington Dr neighborhood is currently $850 a month, and rents are currently lower in price than almost 59 percent of the neighborhoods in Louisiana. Most of the residential real estate is occupied by a mixture of owners and renters.

Wilton Dr/Warrington Dr area is an urban neighborhood located in New Orleans, Louisiana, and real estate is primarily made of of small studios to 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.  

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small two, three, and four unit multi-family structures. The Wilton Dr/Warrington Dr neighborhood really stands out in this regard, however, as it is dominated by such small buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, nearly 35 percent of the real estate are small two, three, or four unit buildings.

Many of the residences in the Wilton Dr/Warrington Dr neighborhood are older, well-established, built between 1940 and 1969, while a number of residences were built between 2000 to present day.

Vacant homes and apartments are a fact of life in the Wilton Dr/Warrington Dr neighborhood, and the current real estate vacancy rate here is over 18 percent. To understand more about this neighborhood and its effects on your home buying or selling options, consult your real estate agent.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flair, can make all the difference when choosing a neighborhood to call home.

The Wilton Dr/Warrington Dr neighborhood is well suited for first-time home buyers. Most homes here are priced below the state’s median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in the state. Buying into the neighborhood is not only an accessible option, but considered a decent first time home buyer choice for building equity, while being in a quality neighborhood.

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest jobs on the book and the Wilton Dr/Warrington Dr neighborhood has more single mother households than well over 98 percent of the neighborhoods in the country. For those moms looking to get ahead, consider home ownership with the FNMA My Community MortgageFHAFHA 203K, or FNMA HomeStyle Renovation loan programs. These home financing tools could be one of the best things you could do for your family.

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

In the Wilton Dr/Warrington Dr neighborhood, over 37 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 more than 27 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at over 19 percent, and 16 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 Wilton Dr/Warrington Dr neighborhood of New Orleans, Louisiana, residents most commonly identify their ethnicity or ancestry as Italian at four percent. There are also a number of people of French ancestry at three percent, and residents who report Irish roots at nearly two percent.

The most common language spoken in the Wilton Dr/Warrington Dr neighborhood is English, spoken by 95 percent of households, while over two percent speak Spanish, and nearly one percent speaks Hebrew.

VISIT OUR GREATER NEW ORLEANS “HOMES FOR SALE” BOARDSLivingston Homes for Sale

Gentilly – Vista Park – Mirabeau Gardens

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

70122 Gentilly – Vista Park – Mirabeau Gardens

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

Join us at Real Estate Social

Comments are closed.