The New Orleans French Quarter Real Estate Market is comprised of mostly condos and a few homes. The vast majority of condos are used as second homes. Parking is limited and most condos will not have parking. Many park in nearby lots or do not even bring cars with them as everything is within walking distance to their condo. The prices per square foot of the condos are going to be the highest in New Orleans as the French Quarter has no more room. The French Quarter is almost 300 years old as it was where New Orleans began.
The styles and types of units are going to vary greatly in style. Few of the associations were built as condos. Most were converted from other uses. There are some larger complexes but most of the associations are small with many having from 4-8 units. The historic nature of the building is what people like. Having hidden courtyards, fountains, balconies, hanging baskets and views all add to the allure of having a second home in the French Quarter.
Most of the condos are going to be smaller than other ares of town but when people visit New Orleans they tend to be out and about much more. There are plenty of things to do and see within 10 blocks of your condo. The more desirable features of a condo here is to have a balcony that overlooks the street. These do become pricey because there are just not that many to be had. The features people like is to have that courtyard right out your from door with fountains and pools.
Lower Garden District Condos
The Lower Garden District was one of the first neighborhoods in New Orleans. It was once home to plantations and larger estates. The area is very historic as you will see with all my photos of the area. The area starts with the end of the New Orleans Warehouse District and ends with the beginning of the Garden District at Jackson Avenue. The Condo market is going to vary greatly in this area with style and type of complexes. The larger complexes were built in the 1970's on St. Charles Ave. Thirty years ago only older people lived in condos in retirement. That has now changed as housing prices have sky rocketed leaving condos a great alternative.
Many of the complexes were not built as condos but converted from apartments, multifamily units, old homes and shells of old buildings. In the Lower Garden District you really begin to feel the neighborhood. You are between Magazine Street and St. Charles Ave. in most cases. You are close to everything. You get more for your money and you actually have more to do as an owner. Parking is generally easy and most complexes come with parking. If they do not street parking is easy.
Catch the St. Charles Streetcar to Uptown or to the French Quarter. The French Quarter is just a long walk away. Walk to Magazine Street to visit shops, eats, and drinks that can only be found in New Orleans. If you like historic homes and condos this is an area to learn about and I will be your teacher...lol...
Garden District Condos, Uptown Condos, University
The Garden District is New Orleans is among the most impressive neighborhoods in the United States in terms of historic homes, gardens of all styles. New Orleans was one of the wealthiest cities in the 1850's when many homes in this neighborhood began.
Many of the condos you will see on St. Charles Avenue were conversions of apartments built during the 1970's that were later turned into condos. There are a few homes that were turned into condos that will really give you that historic feel of New Orleans. These conversions are not the norm on St. Charles Ave. One of the neatest conversion are the 1920 to 1930 small apartment complexes that have been converted into condos.
The Magazine Street Condos are on the edge of the Garden District and almost all of the are conversions from apartments and old homes. They all have that historic appeal and many historic features like high ceilings, wood floors, old fireplaces, large windows, and historic woodwork.
As you get closer to Audubon Park you find fewer condos along St. Charles Ave. You find them in neighborhoods around Audubon Park and the Universities. The University area is home to Tulane University and Loyola University. Both Universities have Law Schools and many graduate programs. The LSU and Tulane Medical Schools are about 70 blocks away. Many Medical Students buy in this area and areas between the Medical schools.
St. Charles Avenue Condos
St. Charles Avenue has a lot of history and a lot of condos that line the Avenue as it makes it way from Canal Street to Carrolton Avenue. I will walk you down the Avenue pointing out the condos and the many landmarks along the way. A Great way to get a feel for the neighborhood and New Orleans. It's becoming a great place to reside and have a second home. There is a lot to see and talk about so this page will be updated with time.
Lakefront, Lakeview, MidCity
Lakeview Condos and Lakefront Condos are going to be much newer than condos in the other areas of the City. Most of the larger complexes were built as condos. There are fewer conversions as there were few building to convert from other uses. There will be a few but they will be smaller and will found in neighborhoods.
The Lakefront condos are on Lake Pontchartrain where people like lake views and being near the lake. The complexes will have more amenities , easy parking, pools, gyms and are generally larger than those in the older neighborhoods of New Orleans. The Lakeview Life Style is for those who love the outdoors, walking, boating and being close to town. Its only 10-12 minutes to get to the center of town. You can easily walk to 15 "eats and drinks" from your condo.
I have included the Pontchartrain Place Condos and Fleur Du Lac Condos that are in Jefferson Parish in an area we know as Bucktown. Its just right down the street on the lake.
Mid City by City Park is another area on the move and offers some condos that are close to the city but are within walking distance to City Park along Bayou St. John. The area is becoming more and more popular and it is hard to find homes for sale.
Old Metairie, Jefferson, Metairie,
Harahan, River Ridge, Kenner
Jefferson Parish is home to many condo associations and town home developements that were built to be condos. The condo associations are generally larger as there are fewer conversions. When conversions did take place it was to convert a large apartment complex into condos. The prices really drop in Jefferson as you move from Orleans. The areas in this area are within 5-8 miles of downtown New Orleans and make for an easy commute or a second home at half the cost of those in New Orleans.
The Condos and town homes in Old Metairie are going to be closest to New Orleans. Most of the developments are off of Metaire Road and town homes where they are zoned. Its a great neighborhood feel with everything close by.
The Jefferson Highway area is going to be close to Uptown and Audubon Park and offer an easy commute and a great location of being close to the airport, I-10, and all points in New Orleans. Its all about 20 minutes away. You get a lot more for your money in this area. Its like getting things for 50% off for being 3-5 miles from town.
Metairie is going to have most of the condos off of Veterans Blvd. They are all going to be close to shopping, playgrounds, easy access to Causeway, Airport, I-10 and most parts of New Orleans. The complexes are going to be larger with no parking issues. You can walk to the grocery in most cases. Its about 15 minutes to the French Quarter via I-610.
Current Listings and Past Listings, Take a Look....
Here are my condo listings that I feature on this site along with a page of my past sales to give you an up close look at the inside of the units and the amenities that the condo associations offer. I will be adding more over time. People like to see what they are looking for before they begin their search in earnest.
Condo Knowledge, Buying & Selling
When Purchasing a condo there are going to be some differences from purchasing a home. Most of the differences are going to be in the area of financing. Buying a condo in New Orleans, it is far better to use a local lender that knows how to finance condos. I have several lendes who have been very successful and close on time.
Below are many of the questions that I am asked about by buyers and sellers. You will find these useful whether you are purchasing a condo as a primary residence, a second home or for an investment.