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Started By
Message
Lakeview NO - Home Pricing Question
Posted on 12/20/18 at 2:59 pm
Posted on 12/20/18 at 2:59 pm
I was doing some research on a home in Lakeview, 1708 sq ft.
9/30/2014 $475,000 +18.8%
6/14/2013 $400,000 +393.8%
3/2011 $81,000
Why would this price jump nearly 400% in three years 2011 - 2013. Plus that's not much house for that money.
9/30/2014 $475,000 +18.8%
6/14/2013 $400,000 +393.8%
3/2011 $81,000
Why would this price jump nearly 400% in three years 2011 - 2013. Plus that's not much house for that money.
9
Posted on 12/20/18 at 3:00 pm to The Torch
The 2011 price has to be just the lot. 2013 price includes the house?
Posted on 12/20/18 at 3:01 pm to The Torch
Maybe it was just a post Katrina Lot in 2011 and someone built on it or remediated after
Posted on 12/20/18 at 3:02 pm to The Torch
Might've been an old that got hit hard by Katrina and they renovated it
Posted on 12/20/18 at 3:11 pm to The Torch
It was probably an old house and they put a new lot on it.
Posted on 12/20/18 at 3:15 pm to The Torch
If the house was built after 2011, then $81k was the lot price in 2011.
If the house is older than that, it was hit by Katrina and not fixed up until after 2011.
If the house is older than that, it was hit by Katrina and not fixed up until after 2011.
Posted on 12/20/18 at 3:37 pm to The Torch
Yeah it had to be either just a lot, or a gutted house.
By the way... $278 a sq ft to live where the streets are jacked up, is beyond dumb.
By the way... $278 a sq ft to live where the streets are jacked up, is beyond dumb.
Posted on 12/20/18 at 3:56 pm to The Torch
Lakeview's prices are unsustainable. I wouldn't even consider buying there right now, cause you will be underwater soon
Posted on 12/20/18 at 4:00 pm to bee Rye
I will never understand the want to live in Lakeview. It makes zero sense. I understand paying high dollar for uptown or the quarter, its old school charm with walk-ability and authentic old houses
Lakeview is just another modern neighborhood with none of that and you are paying more money than right across the canal to simply have a new orleans mailing address
Lakeview is just another modern neighborhood with none of that and you are paying more money than right across the canal to simply have a new orleans mailing address
Posted on 12/20/18 at 4:04 pm to lsupride87
quote:
Lakeview is just another modern neighborhood with none of that and you are paying more money than right across the canal to simply have a new orleans mailing address
20% less for a ranch style home built in the 1960s/1970 with 8ft ceilings--no thanks.
Posted on 12/20/18 at 4:05 pm to tigerbater
quote:What? There are modern new houses all in Jefferson parish as well, just as there are old houses in Lakeview like you just described
20% less for a ranch style home built in the 1960s/1970 with 8ft ceilings--no thanks.
Posted on 12/20/18 at 4:07 pm to lsupride87
quote:
Lakeview is just another modern neighborhood with none of that and you are paying more money than right across the canal to simply have a new orleans mailing address
Increasing property value due to new houses being built and neighborhood of high earners. Easy access to most parts of the city except Bywater or Carrolton/Riverbend area. Low crime except for theft from unlocked vehicles. walking distance to city park. Near lake front. Expanding Harrison Ave. corridor with shops, restaurants, etc... What's not to like?
This post was edited on 12/20/18 at 4:10 pm
Posted on 12/20/18 at 4:10 pm to Saskwatch
quote:
Increasing property value due to new houses being built and neighborhood of high earners. Easy access to most parts of the city except Bywater or Carrolton/Riverbend area. Low crime except for theft from unlocked vehicles. walking distance to city park. Near lake front. Expanding Harrison Ave. corridor with shops, restaurants, etc... What's not to like?
Only a lakewview resident can put a spin job on it like this
Posted on 12/20/18 at 4:11 pm to Saskwatch
quote:If you like it, thats wonderful. Life is all about different opinions. I just dont see that much upside in lakeview compared to anything in metairie east of the causeway, yet you are paying way more for it
Increasing property value due to new houses being built and neighborhood of high earners. Easy access to most parts of the city except Bywater or Carrolton/Riverbend area. Low crime except for theft from unlocked vehicles. walking distance to city park. Near lake front. Expanding Harrison Ave. corridor with shops, restaurants, etc... What's not to like?
Posted on 12/20/18 at 4:12 pm to lsupride87
Agreed. It’s pretty much the only part of the city that lacks character. I understand people from New Orleans view it as a status symbol of sorts to live there But as someone who didn’t grow up in the city Ive never had the want to live in lakeview at all.
Posted on 12/20/18 at 4:13 pm to Boomshockalocka
quote:Bingo. Maybe me being a transplant is why I feel how i do. If me and my wife are going to drop coin, I want to live uptown
I understand people from New Orleans view it as a status symbol of sorts to live there But as someone who didn’t grow up in the city Ive never had the want to live in lakeview at all.
Posted on 12/20/18 at 4:16 pm to LSUFanHouston
quote:
Yeah it had to be either just a lot, or a gutted house.
By the way... $278 a sq ft to live where the streets are jacked up, is beyond dumb.
They’re redoing the roads right now
Posted on 12/20/18 at 4:16 pm to Boomshockalocka
B, Lakeview was different post K
There are a few holdovers but a lot of first time home buyers from Jeff Parish and transplants from elsewhere
Pull up Zillow, look at all the houses for sale and how long they’ve been sitting. Look through the pics and lol that they’re all asking $200+ per sq
There are a few holdovers but a lot of first time home buyers from Jeff Parish and transplants from elsewhere
Pull up Zillow, look at all the houses for sale and how long they’ve been sitting. Look through the pics and lol that they’re all asking $200+ per sq
Posted on 12/20/18 at 4:18 pm to lsupride87
quote:
If me and my wife are going to drop coin, I want to live uptown
Dropping coin Uptown is on a whole other level than dropping coin in lakeview. Try getting something UPT for the same price as something in lakeview that is comparable in size and not having to do renovations.
Posted on 12/20/18 at 4:19 pm to Dizz
quote:I know. My point is I just cant make sense at all for dropping any additional money in lakeview
Dropping coin Uptown is on a whole other level than dropping coin in lakeview. Try getting something UPT for the same price as something in lakeview that is comparable in size and not having to do renovations.
It still feels like a suburb neighborhood to me. I understand many disagree
This post was edited on 12/20/18 at 4:20 pm
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