Archive for the 'Garden District' Category
The condos in and around the New Orleans Garden District have maintained their value thur the latest downturn. I think the main reason is that they are hard to duplicate and expensive to duplicate. When you have high home prices in an area the only way to start may be with a purchase of a condo.
This does not mean all the condos are a good buy but its a great place to look to find that condo that has all the ingredients that people will want. It is no surprise that most want the same things. The historic features of wood floors, high ceilings, large windows, lots of natural light, porches, balconies, old woodwork, brick fireplaces, and the location are things all people want. Oddly enough these features can be found in all price ranges.
Most fireplaces are not in working order but its a nice feature to have. Many condos will have more than one.
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