What Can YOU Buy on the West Bank of New Orleans for under $150,000?
You sat down with your lender and discussed all of your financial options. You 
have supplied all of the required documents for your loan approval. You have determined that you qualify to buy a home for up to $150,000. So, what can you buy on the West Bank of New Orleans without breaking your budget?
Homes Priced under $100,000
- 101 single family homes for sale
- About 80% of these homes need updating, with a large number needing total renovation
- 5 homes have 1 bedroom
- 26 homes have 2 bedrooms
- 55 homes have 3 bedrooms
- 14 homes have 4 bedrooms
- 1 home has 5 bedrooms
| Area | Number Listed |
| Avondale | 11 |
| Belle Chasse | 2 |
| Bridge City | 1 |
| Gretna/Terrytown | 11 |
| Harvey | 13 |
| Marrero | 19 |
| Algiers | 24 |
| Waggaman | 12 |
| Westwego | 8 |
Homes Priced $100,001-$125,000
- 131 homes for sale
- 27% listed in Fair or Poor condition, indicating a large amount of work is needed on the property. The majority of the homes are listed in Average condition. Typically, a home in Average condition may be outdated, but is structurally sound.
- 1 home has 1 bedroom
- 19 homes have 2 bedrooms
- 95 homes have 3 bedrooms
- 15 homes have 4 bedrooms
- 1 home has 5 bedrooms
| Area | Number Listed |
| Avondale | 20 |
| Belle Chasse | 2 |
| Bridge City | 2 |
| Gretna/Terrytown | 15 |
| Harvey | 16 |
| Marrero | 27 |
| Algiers | 25 |
| Waggaman | 22 |
| Westwego | 2 |
Homes Priced $125,001-$150,000
- 228 homes for sale
- Less than 3% are in fair or poor condition, making this the easiest price range to find a home in move in condition.
- 13 are 2 bedroom homes
- 179 are 3 bedroom homes
- 39 are 4 bedroom homes
- 1 is a 5 bedroom home
| Area | Number Listed |
| Avondale | 11 |
| Belle Chasse | 3 |
| Bridge City | 6 |
| Gretna/Terrytown | 40 |
| Harvey | 30 |
| Marrero | 66 |
| Algiers | 53 |
| Waggaman | 12 |
| Westwego | 7 |
When you are ready to begin your search for a home for sale on the West Bank of New Orleans, please call me. I would be happy to help you find the perfect place to call home.
When buying or selling a home on the West Bank of New Orleans, you deserve professional, local expertise and advice. Lisa Heindel provides full time, professional real estate services to buyers and sellers in Algiers, Algiers Point, Belle Chasse, Gretna, Terrytown, Harvey, Marrero, Westwego and more.
West Bank Homes for Sale – Find a home for sale on the West Bank or other New Orleans metropolitan area.
Contact Lisa Heindel for help buying or selling your New Orleans area home
Free online home evaluation of your New Orleans West Bank home
Copyright 2007. Lisa Heindel, All rights reserved.
Real Estate Investment Opportunities - New Orleans West Bank
December 3, 2007 by lisa
Filed under Blog, For Buyers, Real Estate Talk
Have you considered buying investment property on the West Bank?
As the home sales market has slowed, there is still a demand for rental properties across the West Bank of New Orleans.
Since 9/1/2007, there have been 84 units rented on the West Bank, including single family homes, condos, townhouses, doubles and apartments. Note: These are only rental units listed in the MLS. Private rentals are not included. Of the 84 units leased in the last 90+ days, 68 units (81%) are commanding rents of $1,000 per month or more.
A rental property can be a good investment, even in a slow real estate market. While West Bank homes may not be appreciating at the same rapid pace as in the past, buying a multi-family property to live in one unit and renting the remaining unit(s) is a good way to offset some of your monthly mortgage payment.
New Orleans West Bank Multi-Family Properties for Sale
| Area | # For Sale | Low Price | High Price |
| Algiers | 41 | $50,000 | $1,800,000 |
| Belle Chasse | 3 | $259,000 | $550,000 |
| Gretna | 8 | $64,900 | $350,000 |
| Terrytown/Gretna | 5 | $224,900 | $1,800,000 |
| Harvey | 14 | $119,500 | $1,800,000 |
| Marrero | 11 | $129,000 | $1,650,000 |
| Westwego | 4 | $149,900 | $1,100,000 |
If you need more information on purchasing a home or an investment property on the West Bank, please contact Lisa Heindel, Realtor®.
Copyright 2007. Lisa Heindel, All rights reserved.
Tall Timbers - West Bank Subdivision of the Week
The spotlight this week is on the Tall Timbers subdivision in Algiers. Bounded by General de Gaulle, Woodland Drive and the Intracoastal Waterway, the Tall Timbers neighborhood has much to offer home owners. Located only 3 miles from the Crescent City Connection, 6 miles from downtown New Orleans and less than one mile from Our Lady of Holy Cross College, living in Tall Timbers comes with multiple benefits.
- An active Garden Club
- An active Homeowners Association, with affordable dues of only $80 every 6 months ($160 per year)
- Home of the Dwight D. Eisenhower Elementary School, located near the center of the subdivision
The Collins Park Bird Sanctuary is located near the middle of Tall Timbers subdivision, next door to Eisenhower school. A peaceful respite sponsored by the Tall Timbers Garden Club.
Small pocket areas of specialty housing are sprinkled throughout the subdivision limits.
Tall Timbers Estates is made up of 5 streets (Inwood, Pin Oak, Post Oak, White Oak and North Teak) and features larger, custom built homes. There are currently 8 homes available for sale in the Estates section, ranging in price from $209,900 to $349,250.
Woodstone consists of one circular street within the community with the largest of the custom homes in the subdivision. Red Oak Court currently has 2 homes for sale, ranging in price from $440,000 - $580,000. Both properties are 5 bedroom homes with between 4,000 and 5,000 square feet of living area and in ground pools.
Within the subdivision, there is also a collection of 14 homes that all back up to a shared pool and outdoor entertaining area. With an additional homeowner fee of $720 annually for pool maintenance, landscaping and playground equipment upkeep, this is almost a “secret” subdivision, since the private pool and play facilities are not viewable from any of the surrounding streets. There is currently 1 property for sale in this exclusive group, a 4 bedroom home with over 2,900 square feet of living area, listed for $265,000.
Within the rest of Tall Timbers, there are 18 homes for sale, ranging in price from $165,000 - $279,000. The available homes have 4 to 6 bedrooms, with square footages from 2,100 to over 3,000 square feet of living area.
2007 Sales in Tall Timbers
35 homes sold
Sold prices: $172,000 - $345,000
Average sold price: $232,384
Median sold price: $215,000
Average days on market: 132
When buying or selling your home on the West Bank, it is more important than ever to hire a local expert...someone who knows the area and ins and outs of the local real estate market. Visit my website, Welcome to the West Bank, for more information on preparing your home for sale or for the steps you need to take to purchase your new home.
Copyright 2007. Lisa Heindel, Realtor®. All rights reserved.
