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Started By
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Posted on 10/22/14 at 9:04 pm to Lester Earl
Honestly, $200 sq ft is not that bad for that house. It'll sell for around $475-$450k.
Posted on 10/22/14 at 9:06 pm to Scruffy
quote:
Scruffy's house is twice as big, has a yard, a garage, no traffic, people won't rape/murder him when he walks outside, and cost 1/3 of that.
Posted on 10/22/14 at 9:07 pm to Buck Dancer
quote:The New Orleans bubbly burst is going to be really bad. I have visions of driving through Lakeview with 50 foreclosure signs
the bubble is so big right now in NOLA it sucks. the only way you can capitalize on it is if you sell your house and then move away or reappraise your house to get your mortgage % down and remove PMI. Not very many deals anymore and even the questionable neighborhoods are going for big dollar. Only matters now if you sell high and buy elsewhere low. Don't get caught like they did elsewhere and refinance your house at the high value to buy other properties then have the bubble burst and be stuck with 500k in property value and 1 mil in loans.
Posted on 10/22/14 at 9:10 pm to RollTheRock
That is obviously in the nicest area in NO based on the recent sales in that listing so its not too crazy. You are buying the land.
Posted on 10/22/14 at 9:11 pm to lsu480
quote:
That is obviously in the nicest area in NO.
No
Posted on 10/22/14 at 9:13 pm to Scruffy
quote:
Scruffy's house is twice as big
quote:
and cost 1/3 of that.
damn, your house is almost 5,000 sqft, and only cost $166k?
This post was edited on 10/22/14 at 9:14 pm
Posted on 10/22/14 at 9:14 pm to lsupride87
quote:
The New Orleans bubbly burst is going to be really bad. I have visions of driving through Lakeview with 50 foreclosure signs
ive never seen a foreclosure sign, ever in my life. so there's that.
Posted on 10/22/14 at 9:15 pm to tgrbaitn08
There are other neighborhoods that average sales of over 3 million?
Posted on 10/22/14 at 9:15 pm to LSUsaintsfanla
quote:Lakeview has also never had lots sell for over 200k, so there's that
ive never seen a foreclosure sign, ever in my life. so there's that.
Posted on 10/22/14 at 9:16 pm to Brendoni
So, some exaggeration in that previous post.
It is bigger and did cost a little over 1/3 of that.
And he won't get raped or murdered when he walks outside.
And the traffic doesn't blow donkeys.
It is bigger and did cost a little over 1/3 of that.
And he won't get raped or murdered when he walks outside.
And the traffic doesn't blow donkeys.
Posted on 10/22/14 at 9:17 pm to tgrbaitn08
you all realize that this boom in property values is as a result of 7th ward leaving town right?
Posted on 10/22/14 at 9:17 pm to RollTheRock
and why are you worried about how much it cost to live here? no one is beggin you to move here. I live here and love it. I've never been a victim of crime in the 6 years I've been back, nor have any of my friends. I know a friend of a friend who has his boat stolen, but I also know many people outside of NOLA who thats happened to. Why do you care so much about posting what properties cost?
Posted on 10/22/14 at 9:18 pm to RollTheRock
It's a double. Put 20% down, rent one side. Total mortgage is probably around 2 grand. Rent would be probably $1200. $800 left of the mortgage for you to pay (plus probably $500 or so for insurance and taxes). It's not that outrageous.
Posted on 10/22/14 at 9:19 pm to Scruffy
quote:
And the traffic doesn't blow donkeys.
are you kidding me? Bert Kouns at 3132 around five in the afternoon is moider!
Posted on 10/22/14 at 9:19 pm to lsu480
quote:
There are other neighborhoods that average sales of over 3 million?
do you even uptown bro. i know you slept on Zealot's sofa
Posted on 10/22/14 at 9:21 pm to LSUsaintsfanla
quote:Yes, they have lots going for that. Insane to me! I love Lakeview and me and my wife want to live there one day but I dont think those prices are sustainable. I think alot of people are getting in over their heads right now
you talking empty lots?
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