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re: So this is what you get for $500k in New Orleans right now

Posted on 10/23/14 at 2:04 pm to
Posted by saderade
America's City
Member since Jul 2005
25726 posts
Posted on 10/23/14 at 2:04 pm to
This is always funny coming from someone in Baton Rouge
Posted by Teddy Ruxpin
Member since Oct 2006
39553 posts
Posted on 10/23/14 at 2:24 pm to
Bump as this thread keeps reinventing itself with more and more info.
Posted by mikeytig
NE of Tiger Stadium
Member since Nov 2007
7054 posts
Posted on 10/23/14 at 2:29 pm to
quote:

i luckily bought in lakewood south right after katrina


nice!
Posted by RollTheRock
Member since Feb 2014
478 posts
Posted on 10/23/14 at 2:42 pm to
I know it. It pretty difficult to find a nice house in uptown for 500k these days.
Posted by member12
Bob's Country Bunker
Member since May 2008
32089 posts
Posted on 10/23/14 at 2:44 pm to
quote:

This is always funny coming from someone in Baton Rouge


The rest of the state knows New Orleans is a trash heap as well.
This post was edited on 10/23/14 at 2:46 pm
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32368 posts
Posted on 10/23/14 at 2:45 pm to
There was a pretty awesome house for $519,000 across from the cemetery on Coliseum (Garden District). I believe it was sold recently, though.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32368 posts
Posted on 10/23/14 at 2:46 pm to
Yet it's the most desirable city in the state by a long shot...
Posted by lsuson
Metairie
Member since Oct 2013
12119 posts
Posted on 10/23/14 at 2:52 pm to
quote:

It is also in Shreveport.


Umm I think I'll pass
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 10/23/14 at 3:03 pm to
quote:

The rest of the state knows New Orleans is a trash heap as well.


You should get out more.

These prices are reflective of what the market will bear. The envy is strong up in here.

5 BR 4.5 bath home (4,900 sf) near my home just sold for $425K. They tore it down and are going back with new Construction. They took out the pool too.

Zillow link

For being a trashy town, people sure seem to be willing to invest in it.
Posted by Grit-Eating Shin
You're an Idiot
Member since May 2013
8432 posts
Posted on 10/23/14 at 3:04 pm to
quote:

For being a trashy town, people sure seem to be willing to murder in it
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 10/23/14 at 3:08 pm to
quote:

Grit-Eating Shin


Thanks for the insightful contribution.
Posted by Tigerstudent08
Lakeview
Member since Apr 2007
5776 posts
Posted on 10/23/14 at 3:10 pm to
quote:

For being a trashy town, people sure seem to be willing to invest in it

I know it's pretty crazy huh? It's the worst place in the world to live for a lot of the posters here yet if a house is up for sale for 48 hours you probably already missed your chance!

What blows my mind the most about New Orleans is how important the location is. Look at Lakeview where if you are on one side of West End the lots are $150k-$175k and then on the other side of the street they are $200k-$240k! And then if you wanna go just to the other side of the canal in Bucktown or Metry the prices fall by about 50%. Location is KEY!
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15042 posts
Posted on 10/23/14 at 3:11 pm to
Always cracks me up to see the 'neck brigade come along furiously pounding at their keyboards at the very mention of the words "New Orleans." I just imagine them red faced, spittle flying as they bash out HOW ABOUT THAT CULTURE for the 18,000th time.
Posted by Napoleon
Kenna
Member since Dec 2007
69047 posts
Posted on 10/23/14 at 3:18 pm to
Ugly house, but great part of town, I would of torn it down too, but kept that pool
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 10/23/14 at 3:20 pm to
I liked it from the outside but did not know how dated it was on the inside. Great location across from "the little park" in Lakeshore East.

All the lots are gone from Lakeshore except one that I can think of.
Posted by Teddy Ruxpin
Member since Oct 2006
39553 posts
Posted on 10/23/14 at 3:21 pm to
quote:

Ugly house, but great part of town, I would of torn it down too, but kept that pool



Ya, and what's up with all that concrete over the yard. An abomination.

You'd think it was an old church at some point.
Posted by Grit-Eating Shin
You're an Idiot
Member since May 2013
8432 posts
Posted on 10/23/14 at 3:21 pm to
quote:

Thanks for the insightful contribution.

Anytime, podnuh.
Posted by CaptainPanic
18.44311,-64.764021
Member since Sep 2011
25582 posts
Posted on 10/23/14 at 3:23 pm to
quote:

Look at that culture
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 10/23/14 at 3:24 pm to
quote:

What blows my mind the most about New Orleans is how important the location is. Look at Lakeview where if you are on one side of West End the lots are $150k-$175k and then on the other side of the street they are $200k-$240k! And then if you wanna go just to the other side of the canal in Bucktown or Metry the prices fall by about 50%. Location is KEY!
quote:

Tigerstudent08


In general it goes:

West Lakeview << South Lakeview << Lakeview Proper << West Lakeshore << East Lakeshore << Lake Vista.
Posted by Teddy Ruxpin
Member since Oct 2006
39553 posts
Posted on 10/23/14 at 3:29 pm to
I'm on the "wrong side of the tracks" as well." My area average is probably $340k. Across the street is like 600k
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