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Posted on 4/3/22 at 9:31 pm to Zachary
The thing is it’s not just Lakeview. It’s Lakeshore, Lake Vista, Mid City (around City Park and Bayou St John). Also a high number of condos in the CBD and Warehouse District.
I don’t know where the money comes from. And let’s add in all the new builds in the whole east side of Metairie that are all over $500K these days.
I don’t know where the money comes from. And let’s add in all the new builds in the whole east side of Metairie that are all over $500K these days.
Posted on 4/3/22 at 10:02 pm to yaboidarrell
quote:
Why pay to live in Lakeview when eastern Metairie is basically the same thing but with far less crime, functioning streets, lower utility costs, etc?
i implore my brethern in lakeview to petition to be annexed by jeff parish. lakeview has more in common with eastern metry than it is with the rest of the city. the uptowners consider lakeview to be metry anyway, as do the hipsters trying to gentrify the 9th ward, st roch, etc (bless their hearts)
Posted on 4/3/22 at 10:09 pm to Zachary
Bought a house in Lakeview in 2001 for $125K
Been here since.
Current Zillow is $385k.
Keep considering moving to Mandeville, but it so damn easy getting to work in Old Metairie and going downtown for meetings.
There is zero crime here outside of the door-pullers.
It’s worth every penny owning a home in Lakeview.
My only real complaint is the increasing property taxes.
Been here since.
Current Zillow is $385k.
Keep considering moving to Mandeville, but it so damn easy getting to work in Old Metairie and going downtown for meetings.
There is zero crime here outside of the door-pullers.
It’s worth every penny owning a home in Lakeview.
My only real complaint is the increasing property taxes.
Posted on 4/3/22 at 10:15 pm to Zachary
"jobs" from big companies typically aren't how people afford houses that cost that much, in any city
Posted on 4/3/22 at 10:15 pm to chalmetteowl
quote:
I want to know how they’re affording 400K in Chalmette
I often check the Real Estate Section of the Saturday newspaper and see sales in the Lower 9th Ward in the $250K-near $400K-----and that is pure insanity for that area where so many houses are still damaged from Katrina and there's nothing as far as conveniences.
Grocery shopping, drug stores, banks, etc. are either in St. Bernard or across the Industrial Canal into the city.
Posted on 4/3/22 at 10:19 pm to tigahbruh
quote:
They go into massive debt and give up any discretionary income solely so they can have "New Orleans" on their address.
quote:
tigahbruh
I hope you don't really think this.
Posted on 4/3/22 at 10:19 pm to chalmetteowl
quote:it's funny seeing this board finally realize that real estate prices are absurd. i got blasted for pointing it out just a couple years ago.
I want to know how they’re affording 400K in Chalmette
Posted on 4/3/22 at 10:27 pm to Zachary
quote:The last 4 or 5 houses purchased for over a million within a block of my house were doctors, lawyers, and a river boat pilot.
Where does the money come from to support home prices in Lakeview
Posted on 4/3/22 at 10:27 pm to Epic Cajun
A household making 200-300k should not be buying a house over 600k
Posted on 4/3/22 at 10:32 pm to GEAUXT
quote:
A household making 200-300k should not be buying a house over 600k
That is a pretty definitive statement.
Not everyone has your debt.
Posted on 4/3/22 at 10:33 pm to SportsGuyNOLA
quote:
Keep considering moving to Mandeville
Explains a lot
Posted on 4/3/22 at 10:37 pm to midcitycid
As a long time old metairie resident, we would happily accept Lakeview into J.P.
Their streets would be paved within a year.
Lakeview would help offset whats happening to western metairie and kenner....not to mention the Westbank.
Their streets would be paved within a year.
Lakeview would help offset whats happening to western metairie and kenner....not to mention the Westbank.
This post was edited on 4/3/22 at 10:40 pm
Posted on 4/3/22 at 10:38 pm to gumbo2176
quote:
and see sales in the Lower 9th Ward in the $250K-near $400K-----and that is pure insanity for that area where so many houses are still damaged from Katrina and there's nothing as far as conveniences
I’m guessing they’re all between St Claude and the River???
I walked in that area once on the levee… a couple benches that look nice, but it’s still the Lower 9th, still dangerous as hell
Posted on 4/3/22 at 10:45 pm to GEAUXT
quote:
A household making 200-300k should not be buying a house over 600k
As a young couple buying first their first home, of course not.
As a 40 something year old couple who are in the market to upsize after paying off the mortgage on their first home and coming to the table with ~$300K in cash is an entirely different (and more likely) story.
Posted on 4/3/22 at 10:46 pm to chalmetteowl
quote:
I’m guessing they’re all between St Claude and the River???
Yep, what they are calling "The Historic Holy Cross" neighborhood.
They had a house on Flood St. near the river sell for over $400K a few weeks ago.
A few weeks before that a house on the corner of Flood and Dauphine that was a 3 plex when I lived 1/2 block away growing up as a kid from the 50's until 70 when I left home at 17 sold in the $250K range and it was totally gutted with an exterior needing tons of work.
Insane shite.
This post was edited on 4/3/22 at 10:48 pm
Posted on 4/3/22 at 11:05 pm to gumbo2176
quote:and Holy Cross ain’t even dere no mo
Yep, what they are calling "The Historic Holy Cross" neighborhood.
Posted on 4/3/22 at 11:21 pm to boxcarbarney
quote:
When I was a banker in Lakeview, it was normally young professionals who sunk every penny into buying a Lakeview home. Plus two new cars that are financed and maybe some kids in private school. All these people are cash poor and pretty close to over leveraged.
I worked in small town banking in the mid 1970s, same observation. It was always surprising the number of people that looked well off, but had little net worth. Guess things haven’t changed.
Posted on 4/3/22 at 11:27 pm to notiger1997
quote:
Mid City
After years of renting my parents finally bought a house in midcity in the late 1990s $55K, they doubled their money in 2004
It just sold a year or two ago for $350K
Posted on 4/3/22 at 11:33 pm to East Coast Band
quote:it was in Lake Vista and my parents went “The Holiday Club “ for 20+ years. It’s was delightful growing up in the neighborhood in the 70,s with City Park on one end and the Lake on the other and Westend just down the street
My FIL grew up in Lakeview. There's some community center there that back in the 50s and 60s there were social events there quite often and you could only attend if you lived in Lake view or were invited by a resident.
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