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Property Values in Uptown New Orleans

Posted on 7/16/18 at 8:14 am
Posted by TheMailman
Member since Jul 2017
1550 posts
Posted on 7/16/18 at 8:14 am
What's the average price per square foot? $300, $400, $500
Posted by tigerbutt
Deep South
Member since Jun 2006
26444 posts
Posted on 7/16/18 at 8:14 am to
Go to zilllow to get an idea
Posted by patnuh
South LA
Member since Sep 2005
7442 posts
Posted on 7/16/18 at 8:16 am to
Mine was little over $275 last year.
Posted by Napoleon
Kenna
Member since Dec 2007
74884 posts
Posted on 7/16/18 at 8:16 am to
I was in a house for sale in central city the other day.
Two unit house, but still over $600,000 asking.
Also there was a bloody syringe on the sidewalk.
Insane the prices Uptown. I'd rather a nice huge Gentilly Ridge home fora few hundred less.
Posted by pjab
Member since Mar 2016
5775 posts
Posted on 7/16/18 at 8:18 am to
Which area are you looking at specifically?

In general, the traditionally desirable areas are over $300/ft now. If you look at a listing that impresses you, it’ll be closer to $400/ft. Nice address, good street, parking, backyard, it’ll be $400+.
This post was edited on 7/16/18 at 8:20 am
Posted by TheMailman
Member since Jul 2017
1550 posts
Posted on 7/16/18 at 8:23 am to
I'm looking at a property that is listed at over $500 per sf and it just shocked me
Posted by BigAppleTiger
New York City
Member since Dec 2008
11126 posts
Posted on 7/16/18 at 8:31 am to
It is utterly dependent upon location and condition- just like any market. Although the prices have risen, properties in Uptown have been sitting longer and buyers have more choices. The days of showing up at an open house with twenty people in scrubs waiting to see it are gone. The market is settling but not retreating.
This post was edited on 7/16/18 at 9:37 am
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 7/16/18 at 8:49 am to
Just live in Metairie/Bucktown area and get a whole lot more house for way cheaper plus investment will appreciate more. Uber is literally $10 to Anywhere in city
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17615 posts
Posted on 7/16/18 at 8:52 am to
I don’t think you are correct on it appreciating more, but the rest is true
Posted by LNCHBOX
70448
Member since Jun 2009
89388 posts
Posted on 7/16/18 at 8:54 am to
quote:

Uber is literally $10 to Anywhere in city



This isn't close to true. Bucktown to the Superdome is over $15 at this second.
Posted by TigerWise
Front Seat of an Uber
Member since Sep 2010
35132 posts
Posted on 7/16/18 at 8:54 am to
quote:

rather a nice huge Gentilly Ridge home fora few hundred less.


I would rather not buy in Orleans Parish and have to rely on the city’s leadership for basic services.
Posted by LNCHBOX
70448
Member since Jun 2009
89388 posts
Posted on 7/16/18 at 8:55 am to
quote:

I would rather not buy in Orleans Parish and have to rely on the city’s leadership for basic services.



This is the real reason you buy in Metairie.
Posted by JDogg33
Member since Oct 2017
405 posts
Posted on 7/16/18 at 8:59 am to
It's insane to me that people who aren't crazy old money rich(can afford Newman etc) buy in Orleans Parish.

$300/sq ft and can't even send kids to public school.
Posted by notiger1997
Metairie
Member since May 2009
61784 posts
Posted on 7/16/18 at 9:02 am to
Meh. They could try for Lusher or Ben Franklin.
Pricing in real estate is just insane. Blows my mind
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 7/16/18 at 9:13 am to
quote:

Uber is literally $10 to Anywhere in city
This is a lie. Most places are under $20 though


On a regular Thursday or Friday, Bonnabel to:

The Mayfair/Superior = $11-12
Beginning of St Charles = $10-11
Middle of Magazine = $15-ish
Mid-city = $11-13
Warehouse district = $15-17
Bourbon = $15-17
End of Esplanade = $18-19

This post was edited on 7/16/18 at 9:20 am
Posted by JDogg33
Member since Oct 2017
405 posts
Posted on 7/16/18 at 9:32 am to
Government subsidizes it. Most ppl get down payment help from HUD etc. That's a big driver of crazy real estate costs nobody talks about.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
24349 posts
Posted on 7/16/18 at 9:33 am to
quote:

Also there was a bloody syringe on the sidewalk.


Were they asking extra for the free syringe?

quote:

I'd rather a nice huge Gentilly Ridge home fora few hundred less.


If you're really on the ridge, it's worth it. My old apartment was on the ridge near City Park Ave and got minimal water during Katrina.
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