The second home market in New Orleans is doing very well. By doing well it has pushed prices up and you just get less for your money. Another alternative in the heart of Metairie is the Metroview Condos at 3805 Houma Blvd. Its an easy drive to the French Quarter and the downtown area of New Orleans.
What makes it a viable choice is the starting price one bedroom townhouse style for an almost new unit is only $109,000 with condo fees of $152 per month. You have a well managed complex with on site management. Metroview has two swimming pools, easy parking in a secure area. Extra places for visitors as well. An on site gym can keep you fit while you eat your way across New Orleans. Every unit has its own private balcony.
The condo conversion took place in 2006 and is 80% sold and the remaining units are new in that no one has lived in them as yet. New appliances, granite counter, brushed nickle appliances and new carpet.
There 2 bedroom units at $145,000 and $149,000 with several three bedrooms at the $165,000 level.
Its close to I-10 and an easy walk to Clearview Mall and plenty of places to eat and drink. The central location makes it a natural at this price. Second homes require that you put 20% down so your total note with condo fees are less than $700 per month. The price and location should make it worth reviewing the pros and cons.
The condos at Metroview would also make some nice corporate units for companies needing an inexpensive place that is very nice that your employee’s would enjoy. I am the lising agent for the complex and the idea to promote this as a second home came from a couple of my clients who wanted something affordable but nice. Its a condo complex where you will not have to worry when you are away.