Wednesday, July 28, 2021

This Years New Orleans Parade of Homes Will Be Both Live and Virtual

 Each year the Home Builders Association of Greater New Orleans (HBAGNO) hosts the Parade of Homes. This is said to be the biggest official showcase of homes and their latest designs and floor plans in the Greater New Orleans area. Patrons who attend the 2021 Parade of Homes can tour homes in person or via 3D virtual tours.

The Parade of Home is a great way to be introduced to the latest in home design and innovations in building construction and industry trends. Learn and get expert advice from locally trusted builders, designers, lenders and real estate professionals. This year these will include adaptable and multi-purpose layouts, cozy vacation living, combined open-air living spaces, lighting and plumbing finishes, and the newest trends for 2021.

The Parade of Homes will include homes in Lakeview, Bucktown, Colonial Club, Metairie, English Turn, Louisiana Trace, Parks of Plaquemines, Gabriel Estates, Shrewsbury, Algiers Point, and Sugar Ridge in Thibodaux. This year there will be a total of 19 homes that can be toured in person or seen virtually via Matterport’s innovative 3D virtual tour technology. This is the latest app for the Parade of Homes. The app includes all the parade of homes and you can do a 360 tour of each room of each home.

“This year’s in-home and 3D virtual Parade offers a variety of homes in neighborhoods that reflect the diverse tastes and budgets of all potential homebuyers in our community,” said Mary Kelly of Ferguson Enterprises and Chair of the 2021 Parade of Homes. “After a year of missing the company of loved ones, working remotely and homeschooling children, home builders are creating plans with additional space for home offices, playrooms, and entertaining. We are excited and proud to once again showcase the work of our area’s most innovative builders, subcontractors, and vendors who provide inspiration while building strong relationships in the communities in which they serve.”

Visitors will be safe as the Parade of Homes will follow the CDC and governmental guidelines. HBAGNO will provide hand sanitizer and will sanitize frequently touched areas throughout the day. Proceeds will help support St. Jude Dream Home this year.

Click Here For the Source of the Information.

Tuesday, July 27, 2021

Algiers Point Real Estate Changes in the Last Few Years

 Algiers Point is the second oldest neighborhood in the City of New Orleans. Known as the Point by locals, this area of New Orleans offers affordable housing. It is a quiet and quaint neighborhood with the small-town charm just a ferry ride away from downtown.

Algiers Point is across the Mississippi River from downtown. The Point is known for its beautiful Victorian historic homes. Residents and visitors describe it is like stepping back in time to the 1800s. You can see Victorian double shotgun homes as well as Craftsman shotguns and bungalows.

Algiers Point has seen a drastic increase in real estate activity in the past few years. The median sales price rose from $164,318 to $348,335 between 2012 and 2018 in the U.S. In Algiers, there has been a steady price increase since 2011. In 2018 the median sales price in Algiers was $181,776 which is affordable compared to its neighboring community the Garden District which had a median sales price of $510,584 in 2018.

"For the new folks, it's really just kind of the affordability of the community that makes sense," said Kelsey Foster, head of the Algiers Economic Development Foundation. Once new subdivisions started popping up, "that raised our population, and the average median income. And that immediately changes the calculation for grocery stores, restaurants and retail."

Click Here For the Source of the Information.

Wednesday, July 7, 2021

Colonial Country Club In Harahan Might Turn Into A Residential Development

 A revised agreement will go in front of the Harahan city officials and City Council to redevelop Colonial Country Club into a residential development. In last month's meeting which lasted six and a half hours the revised agreement was drafted from the many amendments.

The golf course has been abandoned since it closed in 2012. The 88-acre site that sits between Jefferson Highway and the river in Harahan, is a nice green space according to many local residents. The redevelopment is not what many neighbors want.

The plan the current developers, Danny McKearan and Wayne Ducote have in mind is to build houses along with a 40-acre internal parcel along Colonial Club Drive, close to the river and on 15-acres along Jefferson Highway. Neighbors are concerned about the construction traffic and drainage problems caused by the construction. Another issue is what will happen to the mature oak trees.

To meet those concerns, a plan was devised to build a street exiting on Jefferson Highway, rather than traffic being routed along Colonial Club Drive.  Construction traffic will also be routed down the new road. A retention pond will be added so there will be no drainage concerns. The lots will be laid out to preserve as many of the mature oak trees as possible.

"That property is a whole lot more interesting to what I envision with every tree," McKearan said.

"I think we've got a better agreement than before the meeting started," Councilman Tommy Budde said. "More than likely this project is going to move forward.

Click Here For the Source of the Information.

Thursday, July 1, 2021

Home Price Boom In New Orleans' Second Oldest Neighborhood

January 2021 brought activity to empty lots in Algiers Point. Close to half a dozen two-story homes were built in Algiers Point, the second oldest neighborhood in New Orleans. Homeowners in the area noticed the home building literally overnight in the area.

Natives know Algiers Point as the Point a charming neighborhood that is affordable on the east bank. The community is close-knit and quiet and is a ferry ride to downtown. This has lured developers to the area over the past five years. Although real estate prices are rising all over the city, the Point seems to have an even higher increase.

"For the new folks, it's really just kind of the affordability of the community that makes sense," Kelsey Foster, head of the Algiers Economic Development Foundation said. Once new subdivisions started popping up, "that raised our population, and the average median income. And that immediately changes the calculation for grocery stores, restaurants and retail."

The area has several new subdivisions and development projects currently going on. One is a 40-home development on Patterson Road on land across from the Mississippi River called Patterson Point and another is upriver which is a 20-home Maritimes development. Both projects will feature homes that are replicas of 19th-century architecture. This will be unique to the historic neighborhood because the homes will look historic without the century-old home high maintenance.

Algiers will not only see new subdivisions and homes but also new businesses. Already the area has a new coffee shop and several restaurants. There are plans for a new grocery store, condo and homes that will be a live work-in play on 10 acres on Opelousas Avenue. In fact, Barracuda Taco Stand a New Orleans' favorite is opening a second location at the Point.

"This is like, pour water on seeds and watch it sprout," Barbie Rambo, an Algiers Point homeowner, said. "They did all of that in one fell swoop and just, there you have it."

Click Here For the Source of the Information.