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re: Should I look for a house to buy in NOLA or in suburbs?

Posted on 1/21/24 at 11:14 am to
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/21/24 at 11:14 am to
quote:

Not more than 500k on housing


So you’re looking for a starter home?

That’s reasonable at a 10% interest rate
Posted by bee Rye
New orleans
Member since Jan 2006
33961 posts
Posted on 1/21/24 at 11:15 am to
There are no good school districts in the area. You would have to send your kids to private school, or if they are smart enough to test into one of the magnet schools.
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23484 posts
Posted on 1/21/24 at 11:15 am to
quote:

Oh boy!


I don’t wanna be house poor, wife and I makes around 200k. But we always had a small house (mortgage no more than $1500, we put down around 250k downpayemt)
This post was edited on 1/21/24 at 11:18 am
Posted by CrystalPreserves
Member since May 2019
2591 posts
Posted on 1/21/24 at 11:17 am to
quote:

Northshore if you're looking for decent public schools.


Don’t listen to this advice. Causeway trips to Tulane and back are an hour each way without any traffic. And there’s a wreck on the causeway damn near daily. Northshore doesn’t have the infrastructure to support the rate it has grown.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/21/24 at 11:18 am to
quote:

I don’t wanna be house poor, wife and I makes around 200k. But we always had a small house (mortgage no more than $1500, we put down around 250k downpayemt)


Check out Gretna. Seriously or Algiers

But if you’re working at Tulane and can send your kids to Lusher/Willow for free, it might be in your best interest to live somewhere in Orleans Parish
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55643 posts
Posted on 1/21/24 at 11:18 am to
New Orleans and JP magnet schools >>> St Tammany public schools
Posted by Gaston
Dirty Coast
Member since Aug 2008
39011 posts
Posted on 1/21/24 at 11:18 am to
quote:

avoid long commute (more than 30 minutes)


Double that and come live in Bay St Louis.
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23484 posts
Posted on 1/21/24 at 11:19 am to
Thanks
Posted by Y.A. Tittle
Member since Sep 2003
101436 posts
Posted on 1/21/24 at 11:20 am to
quote:

I don’t wanna be house poor, wife and I makes around 200k. But we always had a small house (mortgage no more than $1500, we put down around 250k downpayemt)


I’m just suggesting you’re going to be a bit limited.

I’m philosophically in the same boat as you, though.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/21/24 at 11:20 am to
quote:

live in Bay St Louis.


No one wants to live in Bay St Louis

I’m ready to leave 24 hours after I get there just to visit.

It’s a great little place for a day trip, but holy frick it’s boring as hell
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41195 posts
Posted on 1/21/24 at 11:23 am to
quote:

. Seriously or Algiers

But if you’re working at Tulane and can send your kids to Lusher/Willow for free, it might be in your best interest to live somewhere in Orleans Parish



For your price range you can live in one of the gated communities in Algiers (70131 zip code) I believe there are 4 or 5 of them. Would still be able to get your children into Willow charter since it is Orleans Parish.
Posted by LongDucDong911
Member since Jan 2024
87 posts
Posted on 1/21/24 at 11:24 am to
You ain’t getting anywhere neat Tulane with $500K.

West banks the best Bank. Or so they say.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/21/24 at 11:24 am to
quote:

For your price range you can live in one of the gated communities in Algiers (70131 zip code) I believe there are 4 or 5 of them. Would still be able to get your children into Willow charter since it is Orleans Parish.


Yep!!
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67096 posts
Posted on 1/21/24 at 11:24 am to
For affordability and safety, I really recommend River Ridge and Harahan. The only issues I had there was getting stuck waiting on the train.
Posted by LSUZombie
A Cemetery Near You
Member since Apr 2008
28904 posts
Posted on 1/21/24 at 11:24 am to
quote:

Old Gretna is a great area with lots to do. No one really ever talks about it on here.


This is a fact. I grew up there and what it is today is nothing short of incredible. It was not the Gretna I grew up in.
Posted by Gaston
Dirty Coast
Member since Aug 2008
39011 posts
Posted on 1/21/24 at 11:26 am to
quote:

It’s a great little place for a day trip, but holy frick it’s boring as hell


Do you need to be entertained by street dancers and bucket drummers or something? If a safe, beautiful town with tons of bars and restaurants isn’t your thing…you could buy a sailboat or a center console and go up the river or out to the islands.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/21/24 at 11:30 am to
quote:

Do you need to be entertained by street dancers and bucket drummers or something?


Personally that’s not my fetish

But apparently 20mm people a year go to Bourbon St just for that exact reason.

Like I said, BSL is a cool little sleepy place to visit for a day or so. Maybe a weekend,

But that’s enough for me. I gotta get out and about and do shite
Posted by dewster
Chicago
Member since Aug 2006
25358 posts
Posted on 1/21/24 at 11:32 am to
Metarie but get prepared for private school.

Check the north shore for better public schools but a longer commute.
Posted by danilo
Member since Nov 2008
20127 posts
Posted on 1/21/24 at 11:34 am to
quote:

I don’t wanna be house poor, wife and I makes around 200k

Raising a family in NO on 200k might be tough. I am a single guy making 120k and the idea of raising a family here on 200k does scare me (granted I am very conservative, maybe sometimes to a fault).
When a family is involved it is hard to say no to Northshore or other surrounding suburbs.
But I am not married and don’t have kids so my opinion really isn’t worth much.
This post was edited on 1/21/24 at 11:38 am
Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
655 posts
Posted on 1/21/24 at 11:35 am to
Old metry
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