Started By
Message

Irish Channel House Flip, is Nola this hot?

Posted on 6/3/14 at 7:47 am
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/3/14 at 7:47 am
LINK



quote:

with its $895,000 price tag, which could set some Channel records if its fetches its asking price. In 2011, the 3,715-square-foot dwelling was scooped up by local interior designer Leland vanDeventer, no stranger to historic renos, for $186,500


that some profit $$, that street on google earth looks pretty rough.
This post was edited on 6/3/14 at 7:50 am
Posted by MSTiger33
Member since Oct 2007
20381 posts
Posted on 6/3/14 at 7:50 am to
Do you have a before pic?
Posted by LCA131
Home of the Fake Sig lines
Member since Feb 2008
72597 posts
Posted on 6/3/14 at 7:50 am to
quote:

that street on google earth looks pretty rough.


You are wondering if rapes could happen there, aren't you?
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 6/3/14 at 7:53 am to
No way that house gets $895k.

There are more attractive houses in better locations for that price. shite you could prob get one in or very close to the park for that.

I say that house gets closer to $650k
Posted by lsupride87
Member since Dec 2007
95122 posts
Posted on 6/3/14 at 7:54 am to
New Orleans is becoming an expensive city. Extremely high home prices and no real free education option. I loved the city but it was the main reason I left now that I'm wanting to start a family. New Orleans is dying for an actual thriving suburb
Posted by nolaks
Member since Dec 2013
1133 posts
Posted on 6/3/14 at 7:59 am to
i often wonder how new Orleans has 100's of houses over $1M. is it family $$$$, or do these young people generate that kinda jack.
Posted by SomethingLikeA
Member since Jul 2013
1112 posts
Posted on 6/3/14 at 8:00 am to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 6/3/14 at 8:03 am to
Looks like some serious renovating.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/3/14 at 8:12 am to
yeah reno's aren't cheap, they'll probably be lucky to make a bill on that one.
Posted by Swifty
Member since May 2012
950 posts
Posted on 6/3/14 at 8:12 am to
quote:

You are wondering if rapes could happen there, aren't you?


It's called a stabbin cabin.
This post was edited on 6/3/14 at 8:13 am
Posted by MSTiger33
Member since Oct 2007
20381 posts
Posted on 6/3/14 at 8:14 am to
quote:

i often wonder how new Orleans has 100's of houses over $1M. is it family $$$$, or do these young people generate that kinda jack.


combo of both. there is a lot of new money coming into New Orleans with the tech "boom" and the movie industry. there are also a lot of people that see new orleans as a great place to have a second home. i know a few people that live in nyc that bought places in new orleans. they dropped $500k+ cash on places without blinking.
Posted by Rickety Cricket
Premium Member
Member since Aug 2007
46883 posts
Posted on 6/3/14 at 8:19 am to
You also have to deal with the historic neighborhood associations, especially in the LGD and Irish Channel. Major PITA
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/3/14 at 8:19 am to
people like cool old houses and charm, so as long as they aren't getting murdered people will continue to gentrify these areas.
Posted by Teddy Ruxpin
Member since Oct 2006
39577 posts
Posted on 6/3/14 at 8:24 am to
quote:

. they dropped $500k+ cash on places without blinking.


This is exactly what happened down to the number with the rental I just moved out of (I bought here).

Some Tulane educated Dr. Who works in Birmingham i think Paid 500k straight cash.
This post was edited on 6/3/14 at 8:24 am
Posted by The Sad Banana
The gate is narrow.
Member since Jul 2008
89498 posts
Posted on 6/3/14 at 8:28 am to
That house looks awesome. But, New Orleans sucks a high hard one.
Posted by oilmanNO
Member since Oct 2009
2844 posts
Posted on 6/3/14 at 8:31 am to
Sorry you can't afford to live here. There is always New Orleans east though
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 6/3/14 at 8:33 am to
Not sure where all the gays get their money to buy all this stuff.
Posted by MSTiger33
Member since Oct 2007
20381 posts
Posted on 6/3/14 at 8:33 am to
quote:

This is exactly what happened down to the number with the rental I just moved out of (I bought here).

Some Tulane educated Dr. Who works in Birmingham i think Paid 500k straight cash.


Hell, I can't find a 2 bedroom in a decent location in NYC for 500k.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32445 posts
Posted on 6/3/14 at 8:34 am to
quote:

No way that house gets $895k.


The comments on the article say that the house sold within a week. I doubt they'd come off of asking 250k after only a week.
Posted by Teddy Ruxpin
Member since Oct 2006
39577 posts
Posted on 6/3/14 at 8:35 am to


Not only can't you do that, this property has two units, four BRs, 4 baths, and the biggest back yard I've ever seen in this city.

When is the last time you saw grass not in central park?
This post was edited on 6/3/14 at 8:36 am
first pageprev pagePage 1 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram