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Putting a Value on Your New Orleans Condo, It’s more than just how large the condo is….

   

      The value of a condo is determined by location, condition, style,bedrooms and size of the unit.  Too often many agents, sellers put an over emphasis on the square foorage of the condo. It is a very important factor but other factors should be considered when making an evaluation. Many of these factors can be emotional.  Over the last 15 years of selling over 200 condos here is what I learned.  These factors add value because of the demand for these factors.

 

      Rather than talk about each factor,  I will show you many of the itmes that are desired in a New Orleans condo.  A good appraiser and agent will take all these things into account when establishing a price. If condition and location are equal then these factors will set your unit apart from others.

 

Balconies are a big factor….

 

Royal Street Ferns at Dumaine Street

Views, What you see out the Condo.

1107 S. Peters 413, Federal Fibre Mills Condos, City Views

Pools and Courtyards do Matter, Common Areas

1107 S. Peters, Federal Fibre Mills Condos, Gym and Pool

837 Royal Street  Pool. French Quarter Condos

Large Windows, Natural Light, Window Features

289 Cotton Mill Condos, Exposed Brick

High Ceiling and Wood Floors are  Demand Items

333 Julia Street 226, 14 ceilings, Julia Place Condos

OLYMPUS DIGITAL CAMERA

Parking Spaces are a large factor…

333 Julia St. 209, Garage Parking

Amenties such as rooftops and Common Areas

333 Julia St. 209 Roof Top views

1107 S. Peters, Federal Fibre Mills Condos, Lobby

Historic Features are Desired….

289 Cotton Mill Condos, Exposed Brick

Start Slide Show with PicLens Lite PicLens


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