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Rue Chardonnay Condos-1500 West Esplanade-Size and Value make these worth looking at. Condo Update!

    The Rue Chardonnay Condos are in Kenner, Louisiana and have been around for 26 years.  They were one of the first condo complexes to be built from scratch in the area.  The best features are the size, 3 bedrooms, storage, the setting and the location.  Rue Chardonnay is one of the few complexes that has a majority of 3 bedroom town house style condos.  The condos are conveniently located across from the Esplanade mall.  The 277 townhouse style condos have very similar floor plans with 2 bedrooms up and one bedroom down with kitchen and den.  There are fewer two bedrooms.  The bedrooms are good size, you can have an eat in kitchen, you have enough room in the den for a dining room table.  One of the best values in East Jefferson and Kenner.

     Common features that each condo has is a private patio often fenced off the kitchen.  There is a small balcony off the master bedroom which is on the second floor.  All will have a wood burning fireplace.  Some units will have vaulted ceilings with a loft bedroom, while others will have the larger master closed in with a second fireplace. All have a full bath down next to the downstairs bedroom.

     All the condos will have an attic space for storage and adequate storage areas and closets.  Each unit will have a reserved spot for at least one car.  There are ample guest parking spots, however some areas do get crowded when everyone is home.  The three bedroom units are a little over 1700 sq. ft while the two bedroom units are 1400 plus sq. ft. of living.

Rue Chardonnay Condos, Kenner Condos, New Orleans Condos

    The interior in the vast majority of town-homes have changed dramatically since Katrina flooded most of the units following the storm in 2005.  Many of the units flooded anywhere from inches to over a foot of water.  The bottom 4ft. of the sheet-rock, flooring, kitchens, appliances, a-c compressors all had to be replaced.  Each individual owner was covered by the flood policy that the condo association had in place.  Each owner then had to decide how they wanted their condo redone.  There is the difference in quality and style.  You just have to see how updated each of the units are. 

1500 West Esplanade, Rue Chardonnay Condos

     There are currently 21 units for sale in the complex.  This is a lot of units but there are some valid reason for this number.  It took well over a year to get the units in finished condition after Katrina.  Many people could not stay without a home for that long a period of time and had to move on. 

    The exterior of the units need siding and that is in the process of being done.  This was started before the storm and had to be delayed as people put there units back together and all the roofs had to be replaced.  Insurance companies tend to drag their feet when paying out money.  Much more eager to collect however.  When something like a major face-lift is complete it with boost the values of all the units.  It just gives all the units a fresh look.  Wood siding only lasts so long in our hot and humid climate.

Kenner Condos, Rue Chardonnay Condos, kenner townhomes

    This particular 3 bedroom unit received a new kitchen with a wall and island knocked out to really open up the kitchen.  Wood floors, all new appliances, granite counter-tops, light fixtures, under counter lights, recessed lights really made this unit which I sold in the mid 160’s earlier in the year.  They have even completely updated the master bath and dressing area.  It was very impressive.

    Most of the updated 3 bedroom units should sell in the 160k to 170k range depending upon the amount of updating that was done.  There was little damage to the second floor but many took the opportunity to update the upstairs and the master-bath.  The master-baths are really outdated if nothing has been done.  

     There are currently 21 units for sale with 5 under contract.  Oddly enough there are 11 3 bedroom units and 10 two bedroom units.  The two bedrooms should generally be selling the 140’s depending on condition.   The demand has been mcuh better for the three bedrooms in the past. 

     The condo fees are $264 for the three bedroom units.  This covers insurance, both flood and casualty.  Water and upkeep are in the fees as well.  The swimming pool is in the rear of the complex.  There is a lot of common areas to keep up between the units.  Always ask about an assessment when you see a lot of work going on in a complex.  The owners are paying for this either out of the condo reserves  or out of their pocket.  

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Eric Bouler Realtor
Gardner Realtors
Metairie - New Orleans, La. USA