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

Posted on 4/4/22 at 10:38 pm to
Posted by midcitycid
Member since Nov 2008
855 posts
Posted on 4/4/22 at 10:38 pm to
lakeview is lovely. grew up there and really thought i would start my family there.

two words keep me from considering it---Orleans Parish.

compare response times between nopd and jpso.

plus, no matter who much you bitch and moan, you will be second fiddle. Perdido street dont care about you.
Posted by ChickennBiscuits
San Francisco
Member since Nov 2019
343 posts
Posted on 4/4/22 at 11:14 pm to
quote:

“jobs" from big companies typically aren't how people afford houses that cost that much, in any city


I have a “job” from a big company, as does my husband. Our home was a hair over $1 million.
Posted by Roberteaux
mandeville
Member since Sep 2009
5813 posts
Posted on 4/4/22 at 11:49 pm to
quote:

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


You can ask this question about any place in the country. $750k houses used to be considered extremely expensive, but now it seems they’re a dime a dozen in every market. The housing craze is just weird to me, as I don’t know what people do these days to afford such things
Posted by AndyJ
Member since Jul 2008
2765 posts
Posted on 4/5/22 at 3:37 am to
I live uptown. My house is 110 years old and obviously we have maintenance issues and a huge electric bill. We are close to Audubon Park and it is quite charming. But I hate saying anything in New Orleans is walkable, because I generally don’t walk places because I don’t want to get killed.
This post was edited on 4/5/22 at 3:39 am
Posted by jordan21210
Member since Apr 2009
13400 posts
Posted on 4/5/22 at 5:31 am to
quote:

I generally don’t walk places because I don’t want to get killed.

This is an irrational fear for someone who lives near Audubon Park. Unless you consider near to be within a half mile and you live in Hollygrove.
Posted by bee Rye
New orleans
Member since Jan 2006
33966 posts
Posted on 4/5/22 at 6:39 am to
quote:

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 ?


His house is at transcontinental and the lake. Way west of bonnabel
Posted by jordan21210
Member since Apr 2009
13400 posts
Posted on 4/5/22 at 7:01 am to
quote:

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

$499,000
$499,000
$469,000
$500,000

None of those are even over $500k. Now go across the canal and find anything as nice as those for $350k that also has restaurants, shopping, and parks within walking/biking distance.
Posted by lsufb1912
Louisiana
Member since Aug 2021
5965 posts
Posted on 4/5/22 at 8:17 am to
quote:

There aren't a ton of Fortune-"any number" companies in the NOLA area


It's almost like you forgot that people work in healthcare
Posted by pnut53088
New Orleans
Member since Jan 2009
2312 posts
Posted on 4/5/22 at 9:14 am to
That’s kinda the point. Most bucktown starter homes ($270k+) are tear downs due to condition and size. Which is driving a lot of new construction development in the area.

If your budget is $500k but want something bigger than 1,500 sq ft, you’ll have more options in LV.

I do find the walkability in LV to be somewhat overstated. I lived in LV for 10 years and rarely walked to places listed (pharmacy, grocery, mail services lol) other than coffee shops and CC. The restaurant scene overall is pretty underwhelming. Bucktown could use a coffee shop though.
Posted by SirSaintly
Uptown, New Orleans
Member since Feb 2013
3138 posts
Posted on 4/5/22 at 9:18 am to
quote:

Bucktown could use a coffee shop though.



Bucktown has a Puccino's on Lake Ave
Posted by pnut53088
New Orleans
Member since Jan 2009
2312 posts
Posted on 4/5/22 at 9:22 am to
Could be wrong but I thought that one closed like two years ago. A French Truck by Mr Ed’s would be perfect
Posted by BRich
Old Metairie
Member since Aug 2017
2235 posts
Posted on 4/5/22 at 9:37 am to
quote:

the Bucktown area has gotten pretty run down


WTF are you talking about? Not sure when was the last time you were there, but Bucktown (West Esplanade to the Lake, 17th Street Canal to Bonnabel) has become the new "Old Metairie" with tear-downs galore.

Proximity/access to the Lake, and relatively higher elevation (closer to the "lip of the bowl") are prime factors in this.
Posted by Saskwatch
Member since Feb 2016
16613 posts
Posted on 4/5/22 at 9:44 am to
quote:

The restaurant scene overall is pretty underwhelming


Getting better all the time. Nothing earth shattering but some solid places have come along.
Posted by pnut53088
New Orleans
Member since Jan 2009
2312 posts
Posted on 4/5/22 at 9:50 am to
I’d agree w that. Juniors, Pizza Domenica and Celtica are all nice additions. The best restaurant in that little area is still in bucktown though haha
Posted by BRich
Old Metairie
Member since Aug 2017
2235 posts
Posted on 4/5/22 at 9:54 am to
quote:

OK. Where between vets, bonnabel. West esplanade and the canal is an oak lined street.


Sena Drive:


Obviously an exception to the norm, but when the original houses were built back in the early 60s or so the developer must have planted all those oaks between the sidwalk and the street. It's almost TOO shady.
Posted by Saskwatch
Member since Feb 2016
16613 posts
Posted on 4/5/22 at 9:57 am to
quote:

The best restaurant in that little area is still in bucktown though


Station 6 is strong. Lakeview has a great mix though. Sushi, Mexican, Italian, Burgers, Pizza, etc...
Posted by danilo
Member since Nov 2008
20300 posts
Posted on 4/5/22 at 10:06 am to
quote:

I live uptown. My house is 110 years old and obviously we have maintenance issues and a huge electric bill. We are close to Audubon Park and it is quite charming. But I hate saying anything in New Orleans is walkable, because I generally don’t walk places because I don’t want to get killed.

I walk plenty around town. Been killed 8 times already.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261916 posts
Posted on 4/5/22 at 10:11 am to
quote:

as I don’t know what people do these days to afford such things


The investment market destroyed affordable housing. The average homebuyer is competing against corporations.
Posted by bee Rye
New orleans
Member since Jan 2006
33966 posts
Posted on 4/5/22 at 10:35 am to
quote:

None of those are even over $500k. Now go across the canal and find anything as nice as those for $350k that also has restaurants, shopping, and parks within walking/biking distance.


None of those are in walking distance to anything though
Posted by Saskwatch
Member since Feb 2016
16613 posts
Posted on 4/5/22 at 10:38 am to
quote:

None of those are in walking distance to anything though


3 of those are an easy walk to Harrison. Very easy.
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