re: Declining Baton Rouge real estate prices

quote:

---

In 2005 a lot of Katrina people from NO moved into the neighborhood and it really did decline. However, after the mortgage bust a lot of those people lost their houses. The neighborhood really is better now than it was 7-10 years ago. If you don't have school age kids, or if you do and they are in private school, and if you are not an OT Baller (I know I am probably the only one on the OT that isn't) it wouldn't hurt to look in Sherwood or Broadmoor.
When it comes to Baton Rouge neighborhoods this place is as bad as the poli board.

---

I lived near STM off Goodwood until 2011. It was a good area then and it's not bad now even though the traffic sucks sometimes. I actually know a couple of people who have bought and renovated homes in Broadmoor and Sherwood recently.

I don't have a problem with that area, but I wouldn't live north of Florida. North of Florida along Sherwood, there are a lot of apartments north of that Vietnamese community that have been pretty bad for a couple of decades. That said, Villa Del Ray is actually a pretty good working class black area now and is almost exclusively single family homes. Home prices there appear to have stabilized and people seem to maintain their properties.

Like a lot of areas, the problem north of Florida on Sherwood (and to the immediate east from there especially) is with aging multi-family rental housing that needs to be leveled or repurposed.