Many buyers like to buy at the top of the market. The Condos at Audubon Trace in Old Jefferson have bottomed out and become good values for today’s buyers. They are not Downtown or Uptown but you get so much more for your money. The Audubon Trace Condos are just not that far out so the values will come back over the next couple of years. They are much closer to where the prices are almost twice as much.
There are currently several units in the complex for sale that offer good prices with updates and size. The condo fees are moderate for what you are getting on the 15 acre complex off River Road and right in front of the Jefferson Playground.
How do I know they are bottoming out? Condo sales generally follow the housing market in the area that they are located. The Old Jefferson Housing market is doing very well and has been doing well since March 2013. I have seen almost all of the listing in the Audubon Trace and have my top three. One is not listed yet but the other two are on the market and I am sure the sellers are eager to receive an offer.
The Audubon Trace Condos are about 2 miles to Elmwood Shopping Complex, one of the largest shopping areas in the New Orleans Metro area. You are about 2 miles from Oschner Hospital. You are 15 minutes to Audubon Park and Tulane University. You are 20 minutes to the Super Dome via Earhart Expessway. You are several hundred yards to River Road and the Mississippi River. You are in the middle of a large green space.
The Ones I think are the best values are 2921 Audubon Trace which has been totally updated and is a townhouse style on the second and third floors. Its got wood floors, lots of light, a balcony, updated kitchens and baths. Its listed at $212,900 and you just move right in. There are tow other units with the same floor plans but need more updates but are priced at 175k with few and 197k with more updates.
The 1104 Audubon Trace Condo is a great value with 1330 Sq. ft of living with an updated kitchen, large den, balcony, patio off the Master. Master Bath is somewhat updated. It is price at $182,000 and could be had in the mid $170’s. Its two full baths and two bedrooms. It is a townhouse style with both bedrooms down. The living area has a balcony and the bedroom opens onto a private patio on ground level.
The 1400 series Audubon Trace is the other one that I like and it has a garage with almost 2000 sq. ft. and an extra bedroom on the top floor. It is priced at $213,000. It has a nice master suite. A patio that opens off the living area that is a short walk to the swimming pool in the rear of the complex. If you need the space then this is a value with the garage. Check out all the Condos Available at Audubon Trace Condos.