Archive for the 'Condo Listings' Category
Sweat Equity in Your New Orleans Condo….
December 2nd, 2011 categories: Condo Knowledge, Condo Listings
Often times a good way to increase the value of your own condo is to do some of the work yourself. This is building sweat equity in your condo, its increasing the value with a few work days or nights. The best way to make this happen is cleaning and painting.
Painting- Doing a professional job and choosing the right colors are the biggest factor in your success. Use colors that people will be attracted to. Get advice just to make sure. One of the biggest things that works is to show off you high ceiling and crown molding. It just gives your unit a fresh look so that you can enjoy it bit will also increase the appeal.
Save the paint for touch up as it will get scuffed.
Flooring- This may get a little more expensive but refinishing floors is not that hard or expensive with today’s tools. Most times the floor will come out lighter and much cleaner look. Getting rid of carpets in today’s market is a plus.
Light Fixtures No need to spend a fortune here. Its just nice to see something different than the standard fixtures that the developers put it. Its always noticed by buyers when they are looking.
Bathroom Mirrors- Its so easy to replace that plain mirror with a beveled frame mirror that you can now pick up from many of the home decor shops for under a hundred dollars. Its money well spent.
These are a couple of things that came to my mind while thinking of how to get things updated in a very dull condo that I have.
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Condo Buyers “MIA”, What is a seller to do….
November 22nd, 2011 categories: Condo Knowledge, Condo Listings
Sometimes it does not matter what the quality or price is on your condo. You are just not getting buyers into your condo. This happens from time to time and there is not to do to get them in. This is where you have to think ahead and review the latest trends. One of the best things sellers can do now is to review who you are competing against. Then you will be ready to compete well.
Figure out who you are really competiting against. Your agent can set you up to receive the new competitors as they come on the market from the MLS. Much like we do for a buyer when they start looking. I see the competition this was as well. This gives you the knowledge and feel for the market. When its time to react to an offer you will be ahead of the game.
What else can be done when buyers are scarce. Its either improve your condo or lower the price. This is a harder decision but it could be better at times to improve than to base the sale on price. Especially if the improvements are not going to cost one that much. Going in your agent should point out the negatives so you can improve. Now go back and review to see if you did the right thing.
Normally the holidays are not bad as people have time off and will be looking in this time period. It tends to happen almost every year. Buyers will think they can get a condo cheaper now and they are correct. Get in the game when few others are looking. People selling want to start of 2012 fresh and leave a worry behind. Are you leading the pack much like a race to sell……
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Cotton Mills #221, Best Buy in Warehouse District…. Its $169,221 and very nice….
November 17th, 2011 categories: Condo Listings, Warehouse District
Just listed in the New Orleans Warehouse District at 920 Poeyfarre in the Cotton Mills. This condo is priced to sell at below $170,000 for an updated unit with great city views.
The condo is small at 520 square feet of living but seems larger with the 18 ft. ceiling and 3 very large warehouse style windows. The condo fees are small as well at $239 per month. The unit gets a lot of natural light from the second floor windows. The condo sits near the front entrance and the elevator. Its just as easy to walk down the stairs.
The Cotton Mill still remains one for the best places to buy for under $200,000 because of the amenities that it has. It got a fully stocked exercise room. An in ground swimming pool and sunning area. The large courtyards are another place to relax. Its a very secure building with 24 hour security. The condos do come with parking but street parking is available along with several adjacent lots for $125 or pay as needed.
This Cotton Mill Condo has an updated kitchen and bath with custom cabinets, stone counters, stainless appliances and new light fixtures. Its been painted to give it a designer feel. The wood floors are throughout the condo and have been refinished recently. The bedroom is larger than it looks and you have enough room for a small office and plenty of storage above the closet and bathroom. A latter has been attached to make it easy to store your items.
The views of the city and street are almost second to none. Facing the city the large windows provide a lot of natural light but no direct sun. This would make someone a great condo to start out with or a very nice second home. You can finance the purchase with an FHA loan meaning 3.5% down if you are going to live in it as your primary residence.
Once again it is rare to find an updated unit with these views and features for below 170k anywhere in the New Orleans Warehouse District..
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Selling your New Orleans Condo, its a competition to get buyers to see your condo….
November 9th, 2011 categories: Condo Listings
Its an extremely competitive real estate market in New Orleans. The condo market is as well and you are competing for buyers with the other units that are for sale. You can begin to compete better by showing off your condo in a best light with information and photos. Most shoppers start their search on the Internet. They want to see what it looks like and what is said about the unit being sold. They want to know the price, see what it looks like and what kind of updates that the condo has.
There are several ways to compete and the best is to get noticed by telling the story with the best photos and details of your condo. The more you are able to show and tell then the better off your condo my be in the eyeballs of the buyers. People have more time on line to quickly read and know.
Make sure your agent can tell the story through photos and information about the unit. People want to know and many buyers cannot be overloaded when looking for info. They can do it fast when shopping by the Internet. At the same time the agents need to be able to supply clients with the best choices available in a price range.
Photos that show off your condo- Taking enough quality photos with a wide angle lense is the first step. You want to give the buyer a feel of the condo and the features that made you buy it. Let the buyer get a feel for the floor plan, where are the windows, where is the kitchen, where is the condo in the building. The more you can show the better the response that you will get from the buyer and their agent. Sometimes I like to point out the basic feature with words on the photos as we can use 25 photos in the mls plus slideshows and videos.
Important Updates- People will look for different things so make a list of your updates. Some buyers will want to know if a new a/c has been installed lately and what type of unit it is. Some will want to know about the appliances and when were they put in. How about the floors and when were they redone. Others will ask about what stays and what goes ? Light fixtures ? Window Coverings ? Paint job? and we can go on and on. Make the list…..
Things people want to know and value People value views, parking spots, amenities, ceilings heights, exposed beams and bricks, pools, courtyards, exercise rooms, patios, balconies and much more. These are the things you do not see in the square footage numbers but boy do they count and help sell your condo. They are looking for those special things
Life Style Choices Buyers want to know about the complex and the lifestyle of the area. This can be doneas well with a combination of words and photos. What is within walking distance and what do people liek to do. Walk to the Streetcar line, walk to the French Quarter, walk to the Superdome, walk to Magazine Street and much more. What made you decide to buy where you did? Other buyers may be looking for the same thing…..
Selling in todays market is much like the show and tell we used to do in grammer school. You want to paint a picture as best you can online where we are selling 24/7. A few agents do it much better than others. You are selling to buyers and their agents. I always like to hear why you bought and why you liked it so I can get that passed on.
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You can find some nice places for less than 150k in New Orleans…
October 10th, 2011 categories: Condo Listings
This condo at 2019 Camp Street in New Orleans has just been reduced to 149k today. Its between the Garden District and the Warehouse District where few things go below 150k. An historic renovation on a quiet street within walking distance of the Garden District and a little londer walk to the Warehouse District. Its a one bedroom with high ceilings and plenty of light. Also has an office or guest room. www.neworleanscondos.net will have more photos. Look under featured properties.
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Premium Condo on Julia Street, New Orleans Warehouse District.
September 15th, 2011 categories: Condo Listings, Warehouse District
This is a new condo listing in the middle of the New Orleans Warehouse District. Its move in quality in a great location. The quality and location are few and far between. The condo fees are moderate and you do have to pay for a reserved spot at the Emeril’s lot, spot #60. Priced at $219,323. The unit is # 323.
Its about 700 square feet with high ceiling, new wood floors, a rarely used kitchen, a very large bathroom and large living area. The Julia Street views are from the bedroom and living area. Its a designer paint job. Stainless steel appliances, stacked washer and dryer, stone counters, crown molding make the unit appealing. A recent high efficient new a/c and heat system has been added.
Natural light and the Julia Street views make this a premium listing. You are close to everything that one would want to do as a resident and as a second home. The unit feels much larger than the numbers indicate.
You are steps from a rooftop deck and elevator where the rooftop views are prime day and night. Small pool to cool off. There is an exercise room on the first floor. Secure entrance from the street. Emeril’s is on the corner and you park across the street. You can do a lot of things without a car in this area. walk to the Saints games and the French Quarter. Get more info at www.neworleanscondos.net.
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Julia Place Condos in the Center of the New Orleans Warehouse District, New Listing under 200k with parking…
August 15th, 2011 categories: Condo Listings, Warehouse District
The Julia Place Condos located at 333 Julia Street are in the center of the Warehouse District with walking distance of the Super Dome, French Quarter and St. Charles Streetcar line. Julia Place has been improving over the last couple of years as a condo association. The condo fees remain low and the building looks even better. The condo association recently won a judgment against the developer for a new roof that had to be put on the building. The money has flowed back into the treasury of the condo association.
This condo is priced at $199,410 and is on the fourth floor facing an open atrium that gets plenty of natural light. The condo has been updated with a newer kitchen and bath. The rooms are large for a one bedroom condo in the Warehouse District. All appliance stay with the unit including a stack able washer and dryer. The two best things about this unit is that it has gated parking in the lot adjacent to the garage for easy entry. This cost $25,000 and is worth every penny. You do not want to buy a unit in this building that does not have parking. The other nice thing is the $229 per month condo fee.
The condo is 667 sq. ft of living with multiple windows to the outside. The bedroom and livingare good size with higher ceilings and concrete beams throughout the condo. This is one of the better under 200k units in the Warehouse District that comes with parking. You add in a nice condo building with a rooftop pool, great rooftop views, clubhouse, exercise gym and you have a winner.
Julia Place has 101 units but it covers an entire block that has 5 floors with parking and commercial space on the first floor. There are also two buildings that make up the condo association plus the parking lot on Magazine Street. The condo complex is professionally managed and well maintained. It is type of condo you can leave for several weeks or months and nothing will happen.
I have sold 7-8 condos in this building since the developer sold out in 2006 to a variety of clients who all enjoy living here for the amenties and the super location in the heart of the New Orleans Warehouse District
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Audubon Trace Condos in Jefferson, A great Choice near the Mississippi River….
August 11th, 2011 categories: Condo Listings
Once a drive in movie, Audubon Trace sits on 15 acres off Jefferson Highway near the Mississippi River and Jefferson Playground. You are surrounded by green spaces in townhouse style condos in a country setting not very far from the city. Its just one of the few planned communities that were ever developed in Jefferson Parish. You are 10 minutes to Uptown New Orleans via River Road. I just listed this wonderful condo at 1104 Audubon Trace and it is priced to sell at $179,904. It is two bedroom and two bath condo with over 1300 sq. ft. of living area with cathedral ceiling, a balcony of the living area, and a patio off the master bedroom. Its just a peaceful place to live. Have a pet or like to be outside you have plenty of places to walk, ride or run. You are near the Mississippi River Levee and Jefferson playground. The open floor plan features an open living area with wood floors that opens onto a kitchen at one end and a balcony at the other end. The kitchen has been updated with new cabinets, new appliances and new counter tops. There is a full size washer and dryer hookups down stairs. Both bedrooms are down and the master has plenty of storage, a large master bath and opens to your own privated patio and small yard that is surrounded by gardens and trees. Its my favorite floor plan in Audubon Trace and it could be yours at a great price. Interest rates were 4% today, Wow… I could keep going but take a lot at the photos to get the feel of country living within a bike ride to New Orleans. Maybe a long bike ride for many.
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The Rotunda Condos in New Orleans, 330 Julia Street, Review and a new Listing…
July 27th, 2011 categories: Condo Listings, Warehouse District
The Rotunda Condos located in the center of the New Orleans Warehouse District is nearing a sellout from the developer. Its located at 330 Julia Street. Over coming a difficult selling period in 2008 to 2011 was a giant challenge for any developer. As the final tenants are out the developer is selling the final units. Soon the condo association will take over from the developer.
The condo complex looks much improved since it initial sales start several years ago. Best thing about the complex is its location in the heart of the New Orleans Warehouse District. The complex has 68 units with one and two bedroom units. Over half have parking in the basement and the rest can park in the lot across from Emeril’s for $110 per month as per an agreement between the parking lot and the developer.
Common area features include a secure entrance, professionally managed, roof top viewing area with a small cool off pool, common meeting room, exercise gym on the first floor. Moderate condo fees and is well maintained. Most of the areas are new and fresh.
The photos on the slide show are from a new listing #207 which is a large one bedroom that has been updated. It is currently selling for $205,700 and is in excellent condition. High ceiling and natural light from the large windows make it easily feel like that. The rooms are large by Warehouse District standards. Updated kitchen, all appliances stay and a decent amount of storage in the condo.
There are 12 units in the building left to sell and they are all one bedrooms and range in price from 200k to 230k. Most of the units are for sale from the developer. He put these up for sale as the last of the renters are most likely gone.
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French Quarter Condo Price Reduction, 1020 Esplanade #103, plus parking and pool…
July 13th, 2011 categories: Condo Listings, French Quarter
Now priced at $357,500 This large condo at 1020 Esplanade Avenue is one of the best buys in the New Orleans French Quarter for a large 2 bedroom and two bath condo. You add in a great courtyard and gated parking spot the condo even gets better. You have a large tropical courtyard with swimming pool in a 21 unit condo complex. Its an easy walk to the Marigny and the busy section of the Quarter. This is a very much a residential area.
The Esplanade condo is 1248 plus square foot of living. The large den was once a ballroom with high ceilings and brick fireplaces. A French Quarter parking spot is easily worth 30k and the common areas are priceless. There is one bedroom down and one bedroom and bath upstairs. The large den is 17×24 and has high ceilings with three large windows. You have a private alley entrance or through the secure entrance through the hallway.
Its been on the market for a while however it now has been reduced and the tenant has moved out. It now looks like it never has. Its easy to show and will always look neat and tidy. A sale with a tenant is always tough so the buyer can get what I call the tenant reward, a lower price because it has not shown well. However now that has been corrected big time. Call us to show…….
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