Milan-Climana Homes for Sale
The?median real estate price?in the Freret St/General Taylor St?(Milan-Climana) neighborhood of New Orleans, Louisiana is $154,375, which is more expensive than nearly 61 percent of the neighborhoods in the state and almost 43 percent of the neighborhoods in the country.
The?average rental price?in Freret St/General Taylor St?(Milan-Climana) neighborhood is currently just under $975 a month, and the average rental cost in this neighborhood is higher than well over 61 percent of the neighborhoods in Louisiana.?Most of the residential real estate is occupied by a mixture of owners and renters.
Freret St/General Taylor St?(Milan-Climana)?neighborhood located in New Orleans, Louisiana. The real estate in this?neighborhood is primarily made up of small studios and two bedroom to medium sized three or four bedroom?single family homes, along with other?multi-family housing?options like condominiums, town homes, duplexes, and apartments.?
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small two, three, and four unit buildings. Many are in older core neighborhoods of New Orleans. If you’re romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist on the corner, then you might find the Freret St/General Taylor St?(Milan-Climana)?neighborhood worth a closer look. This neighborhood is an absolutely outstanding example of the dominance of small two, three, and four unit buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood’s real estate stock. In fact, no less than nearly half of the real estate here is made up of such dwellings.
Many of the residences in the Freret St/General Taylor St?(Milan-Climana) neighborhood are?relatively historic,?built?no later than 1939?and in some cases, quite a bit earlier, while a number of residences were built between?1940 and 1969.
Vacant apartments or homes are a fact of life in Freret St/General Taylor St?(Milan Climana)?neighborhood. The current real estate vacancy rate here is nearly 26 percent.?To understand more about this neighborhood’s vacancy rate and its effects on your?home buying?or?selling options, consult?your real estate agents.?
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When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its flair. Some places look the same, but they only reveal their true character after living in them for a while, and why it’s important to?learn all you can?about the neighborhood you plan to call home.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. This neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone at over 52 percent. This is a higher percent living alone than we found in 98 percent of all neighborhoods in the country.?
The Freret St/General Taylor St?(Milan-Climana)?neighborhood is ranked among the top neighborhoods for?first-time home buyers?to consider in New Orleans and the?state of Louisiana. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Freret St/General Taylor St?(Milan-Climana)?neighborhood is not only an accessible option, but an investment opportunity for many first-time home buyers.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With over 11 percent of residents in the Freret St/General Taylor St?(Milan-Climana)?neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than nearly all the neighborhoods in the country.
Your?future neighbors?in the Freret St/General Taylor St?(Milan-Climana) neighborhood of New Orleans?earn?modest incomes, and?this neighborhood has an income lower than?over 94 percent?of all?neighborhoods in the country.?
From major sales accounts to fast-food workers, sales and service employees make up a big part of the New Orleans economy. In the Freret St/General Taylor St?(Milan Climana)?neighborhood, they truly stand out. This neighborhood as having a higher percentage of sales and service workers than nearly 96 percent of all neighborhoods nationwide. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with over 32 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at nearly 17 percent, and over eight percent in clerical, assistant, and tech support occupations.