What does $250,000 get you for a house in New Orleans?
2 min readDec 11, 2023
Check out this gorgeous 5 bedroom 3 bath home, 2 blocks from the golf course and the lakefront!
This home is located in Pontchartrain Park which is part of the highly desired Gentilly neighborhood.
WHY IS THIS ONE SUCH A GREAT FIND?
- Two blocks to the golf course, with the delicious Munch Factory restaurant, a favorite eatery of locals
- Walking distance to grocery stores and restaurants.
- A short 3 minute drive to the nearest coffee shop.
- Walking paths throughout the neighborhood, with a brand new play area for kids.
and so much more in this fantastic, cozy neighborhood!
The seller is asking $269,000. The home is currently valued around $300,000 so you would start with approximately $30K in equity! This is a fantastic purchase.
Additional Benefits Making This Home An Affordable Purchase
- Brand new roof — which will provide much lower insurance rates.
2. X-flood zone — which means the home is on a higher elevated section of the city and one of the safest from flood risks.