How to Value Your Second Home Purchase in New Orleans

By
Real Estate Agent with Gardner Realtors, Licensed in La.

 

 
 
                                                                Know How to Value Your Condo !
 
                                        More than Just the Size of Unit                                                                                
     Buyers want certain things these days that add to the increased desire for a New Orleans Condo. Much more than just the size of the condo.
 
1. Parking Spots have become more valuable over the last 10 years. Garage Parking and Gated parking by the complex is valuable. Easily worth 30k to 40k. 
 
2. City Views and Windows in most of the rooms. Buyers like to view street and parts of the city. Much more than units that lookout over roofs or atriums. Views of Courtyards are also a plus.
 
3. High Ceiling Matter as it makes the unit feel and look larger. The 10 ft. ceilings and higher ones are a big plus.
 
4. Open Floor Plans with open kitchens are more desirable. Having a unit all on one left is a plus. If you have a loft bedroom then nice stairs are the best.
 
5. Recent Updates Matter, Most of the likes are wood floors, updated kitchens and bathrooms. Having a nicely painted unit is very nice.
 
6. Having one bathroom where it is in the hallway is a plus. Not a plus to have it in the bedroom.
 
7. Common Areas in the Complex also really matters as people like courtyards, great views, swimming pools, rooftop areas, gyms and clubhouses that owners can use.
 
8. Location Matter in the Neighborhoods. Most buyers like easy walks to many places in the neighborhood. Being on the streetcar line and near famous streets do matter. 
 
ValueofYourCondo.jpg
 
330JuliaPH10Updates.jpg
Let Buyers Know of Updates and Cost
333JuliaStreet214415k.jpg
 
Condo Common Areas Mean A Lot
Last Couple of Years I make Flyers 
For the Condo Associations
 
1201CanalStreetCondos.jpg
1224St.CharlesAve.Condos.jpg
700SouthPetersCondos.jpg
KnowingtheAreaMattersWarehouseDistrict.jpg
GalleryRowCondos.jpg
JuliaPlaceCondos18.jpg
 
RotundaCondos330Julia.jpg

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Louisiana Orleans Parish New Orleans
Groups:
Historic Homes
Louisiana Lagniappe
Condos, What you need to know?
Real Estate Tomato Bloggers
Condo Specialists
Tags:
new orleans condoshow to value

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,132,414
Joyce Marsh
Regal | Christie's International Real Estate - Orlando, FL
Regional Manager Regal Christie's Int'l Realty

Nice overview of the condominium market there in New Orleans and what potential buyers might be able to get for their money.  

Feb 20, 2019 10:19 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
593,277

Eric Bouler

Listening to your Needs
Do not be afraid to Ask Eric about New Orleans Real Estate...
*
*
*
*
Spam prevention

Additional Information