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700 South Peters Condo- Priced to sell with many Updates ! What are the Pluses!!

     This elegant condo at 700 South Peters has many things going for it besides a very aggressive price at $389,515.  700 South Peters has a great location within the New Orleans Warehouse District.  The unit #515 has a great location within the building.  The condo association has more the normal amenities that you can enjoy.   The updates to the condo will make the difference when people compare.

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      The price for the condo is aggressive as it is the nicest 2/2  bedroom/bath unit in the building.  It is priced below the two previous sales that were not as nice as this unit.  The previous sales in the building were $398k  for #317  in November of 2008 and 420k for unit #519 in Jan. 2008 and November of 2008.   The other competitor is priced at $374,500 with many fewer updates than this unit. 

     Slotting your unit to sell is important in this market.  You use past sales to price and also look at what your main competitors are priced in the building.   How your unit looks next to very similar unit is a key.  Most of the time people will pay for the upgrades and updates.

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     Location within the condo is also a very positive factor with this unit.The fifth floor location overlooking a very quiet one way street is a good location.  Facing the East you will get morning  light and being on the fifth floor you will will get a lot of natural light during daylight hours.  Having several large windows in the master bedroom gives it a much larger feel.

    The floorplan is great for entertaining with large open spaces amking up the den and dining area.

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     The updates in this unit include a newer kitchen, newer appliances, granite counters, tile floors, crown molding, large baseboards and extra built ins will be noticed.   Both bathrooms have been tastefully redone and are very very classy.   The baths include travitine, glass shower enclosures, custom cabinets, granite counter, new fixtures and lighting.  Its easy to spend 10k on the bathroom updates alone.

 People will notice these updates.  The baths and kitchen are the most important updates that people can make for future value.  Its much better tha a suite at the Royal Orleans.

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      The 700 South Peters Condo Association has one of the best rooftop pools and areas to relax in Downtown New Orleans.  The landscaped atrium bring the outdoors close to your front door.  The rooftop garden, pool and cooking area let you enjoy the views of New Orleans day and night.

      The parking is in the garage on the first floor.  Valet parking is availiable certain hours per day.  Security is top notch and is on duty 24 hours per day.  The on site management is hired by the condo association to make sure the building is in top notch shape.  Its extremely clean and well maintained by the staff. 

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    The condos location is a huge plus.  You are 2 blocks from Harrahs Casino, one block to the river and Riverwalk, 3 blocks to the French Quarter.  This unit in the Quarter would be 500k plus easily.

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  1. Rachel

    Nice condo

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