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re: Where does the money come from to support home prices in Lakeview?

Posted on 4/4/22 at 2:15 pm to
Posted by Dizz
Member since May 2008
14785 posts
Posted on 4/4/22 at 2:15 pm to
quote:

Lakeview doesn’t have walkability It’s a suburb just like Metairie



Most of Lakeview is within a 3-4 block walk of either Harrision (grocery store, many restaurants, shops, and places to drink) or the shopping center at Robert E Lee.
Posted by GentleJackJones
Member since Mar 2019
4199 posts
Posted on 4/4/22 at 2:30 pm to
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?


ETA: Prior to moving back to BR, we rented on Lane and General Haig. It's the best place to raise a family in OP. But, I still wouldn't necessarily want to own there. You don't get the perks and charm of Uptown, Mid-City, and the Garden District, and you're so, so close to Jefferson Parish.
This post was edited on 4/4/22 at 2:55 pm
Posted by jordan21210
Member since Apr 2009
13400 posts
Posted on 4/4/22 at 2:31 pm to
quote:

Like what?

The asset itself.

Get on Zillow and search for houses in Lakeview for $550k and compare to similar houses in Metairie at 30% less.

As nolavol mentioned, people shopping at a certain price range don’t want to pay $375k for a 70’s ranch that they have to overhaul to bring into this century.
This post was edited on 4/4/22 at 2:31 pm
Posted by lsupride87
Member since Dec 2007
95976 posts
Posted on 4/4/22 at 2:40 pm to
quote:

Get on Zillow and search for houses in Lakeview for $550k
Ok. Here you go







Posted by hey benji
new orleans
Member since Sep 2013
402 posts
Posted on 4/4/22 at 2:45 pm to
We live two blocks off of Harrison.

Within a 5 minute walk from our house, we have friends, family, school, restaurants, pharmacy, library, grocery stores, etc.

On our block, we have probably 15 kids under the age of 12 (3 in our house )that are growing up with friends and family close by.

Other than the night owl door pullers, Lakeview is very safe.

Taxes and utilities suck though.

Posted by jordan21210
Member since Apr 2009
13400 posts
Posted on 4/4/22 at 2:50 pm to
quote:

Ok. Here you go

conveniently cherry picked. Now where are the better houses for 30% less in Bucktown and other parts of Metairie.

I know you won’t cave, but I am literally in this market and have been since January. At nearly every price range, a house in Lakeview is nicer than a house in Metairie for 30% less. It comes down to do you want to live in Orleans and do you value walkability and other amenities like City Park.
Posted by lsupride87
Member since Dec 2007
95976 posts
Posted on 4/4/22 at 2:51 pm to
quote:

Within a 5 minute walk from our house, we have friends, family, school, restaurants, pharmacy, library, grocery stores, etc.
Besides the library, I have all of this from my house in Mandeville….I wouldn’t consider it a “walkable” location though

Walkabikiry to me is for places like uptown/CBD where you have multiple of restaurants and bars to explore on foot. Honestly, it’s even a stretch for these places to truly have the benefits of a “walkable city”. But some may call this semantics I guess
Posted by lsupride87
Member since Dec 2007
95976 posts
Posted on 4/4/22 at 2:52 pm to
quote:

conveniently cherry picked
They really aren’t. Show me the nice new houses in Lakeview for 550k

Also what y’all aren’t calculating, a house in Nola and Metairie that cost the exact same amount, is still going to come out 30% less in actual payments from the property tax and insurance differences. That was one thing that blew me away as a first time homebuyer many years ago
This post was edited on 4/4/22 at 3:01 pm
Posted by saderade
America's City
Member since Jul 2005
25753 posts
Posted on 4/4/22 at 3:51 pm to
quote:

Lakeview doesn’t have walkability It’s a suburb just like Metairie
It definitely has lots of walkability (at least for 80% of the homes). I can count 10 restaurants within 3 or 4 blocks of my house, in addition to everything else already mentioned. It’s also the highest concentration of white collar professionals with kids in the entire metro area. Those are the 2 main reasons why we are still here, even though Orleans parish is a pile of shite.
Posted by notiger1997
Metairie
Member since May 2009
58292 posts
Posted on 4/4/22 at 3:56 pm to
quote:

Bucktown is steadily turning into Lakeview without all the headaches. Most lots are bigger too.


It’s freaking crazy the amount of big new homes being built north of Veterans and east of Bonnabel
Posted by BK Lounge
Member since Nov 2021
3623 posts
Posted on 4/4/22 at 4:27 pm to
quote:

It’s freaking crazy the amount of big new homes being built north of Veterans and east of Bonnabel




This is where the old/new Copeland house is located, right ? That area’s always been nice, and seems a logical place to build expensive new homes .

ETA or was his house west of Bonnabel ?







.





This post was edited on 4/4/22 at 4:28 pm
Posted by Eightballjacket
Member since Jan 2016
7322 posts
Posted on 4/4/22 at 6:09 pm to
[img]You don't get the perks and charm of Uptown, Mid-City, and the Garden District,[/img]
I read perks as perils.
Posted by ned nederlander
Member since Dec 2012
4329 posts
Posted on 4/4/22 at 6:26 pm to
quote:

you are losing tree canopy disagree


OK. Where between vets, bonnabel. West esplanade and the canal is an oak lined street. Objectively, there are far more mature trees in lakeview.

quote:

walkability Lakeview doesn’t have walkability It’s a suburb just like Metairie


Without crossing any major we walk to school, grocery, library, playgrounds, a dozen restaurants, a few ice cream shops and city park. It’s not the French quarter or uptown, but that isn’t the comparison. If you like to bike or run it is the best launching neighborhood in the city.

quote:

decent selection of private and public schools Lakeview to bucktown changes your choice of private schools? Hynes I’ll give you, but I personally don’t know any of my Lakeview friends that actually use hynes


Your personal knowledge doesn’t change reality. A plurality of students who attend hynes live in 70124. If you don’t like hynes, you can pay tuition and walk your kids to St. Paul’s or st. Dominic’s. Is there a school as good as any of these three in east Metairie?

quote:

easy access to downtown via surface streets. Getting to downtown and especially uptown seems as easy or easier in east Metairie than Lakeview


Now that’s just crazy talk. From “east Metairie” you have one option and that’s I-10. Lakeview has the same option in addition to canal, Marconi/Orleans and wisner/esplanade to access the city.

Does any of this justify the prices? I have no idea but comparing lakeview to a treeless neighborhood hemmed in by major roads and littered with multi family housing units throughout is apples to oranges. And oranges cost 30% more than apples for real reasons other than wanting a Nola address.
Posted by lsupride87
Member since Dec 2007
95976 posts
Posted on 4/4/22 at 6:46 pm to
I never once in my wildest dreams did I think Metairie would be described as treeless

Tearing down trees and putting up a box new house seems far more Lakeview than Metairie to me, but I wouldn’t call either low on trees
This post was edited on 4/4/22 at 6:47 pm
Posted by ned nederlander
Member since Dec 2012
4329 posts
Posted on 4/4/22 at 7:05 pm to
quote:

I never once in my wildest dreams did I think Metairie would be described as treeless


You aren’t comparing Metairie to lakeview. You are comparing the part of Metairie across the canal where housing is 30% cheaper than lakeview. That part of Metairie is lacking in trees.

If you want to live in Metairie in an oak lined neighborhood you can. And your house will cost more than lakeview houses.
Posted by lsupride87
Member since Dec 2007
95976 posts
Posted on 4/4/22 at 7:18 pm to
quote:

If you want to live in Metairie in an oak lined neighborhood you can. And your house will cost more than lakeview houses.
The entire area very close to the canal between vets and west esplanade is oak lined. I know becuase I lived there

Beautiful oaks as well all around Lakeshore Playground
This post was edited on 4/4/22 at 7:19 pm
Posted by ned nederlander
Member since Dec 2012
4329 posts
Posted on 4/4/22 at 8:41 pm to
quote:

The entire area very close to the canal between vets and west esplanade is oak lined


What street exactly? Because that describes lake avenue which is a treeless boulevard of multifamily apartments and boil shacks.

There are plenty of reasons to poopoo on lakeview and the metro area in generalS But wondering why housing costs more in lakeview than it does behind the Winn Dixie off veterans highway or in bucktown isn’t hard to understand.
Posted by LSURoss
SWLAish
Member since Dec 2007
15429 posts
Posted on 4/4/22 at 8:52 pm to
No mention of engineers or all the execs along the Ms river plants? Boat pilots, river navigators, sugar cane, etc etc.
Posted by pnut53088
New Orleans
Member since Jan 2009
2312 posts
Posted on 4/4/22 at 9:33 pm to
New builds in bucktown are pretty comparable $ wise to new builds in LV. Not all of bucktown is lake Ave haha. And not all of LV is Argonne.
Posted by BigWillyMetry
Member since Dec 2021
1548 posts
Posted on 4/4/22 at 9:49 pm to
Only a New Orleans person would know this and gauge this about their neighbors lol.
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