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10 Homes For Sale in New Orleans With Recent Price Reductions

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Get 'em before they're gone, or wait for the price to drop lower

During summer in New Orleans business is slow everywhere, and that includes the real estate market. That might be why a lot of homes on the market have seen some recent price chops. Here’s eight of them, including homes newer on the market and ones that just can’t seem to sell.

↑ Thia 6,618-square-foot Garden District center hall hit the market in February of this year, asking $3.35 million. The price crept down steadily until taking the plunge to $2.999 million. For the asking price, you get a saltwater pool, parking for at least five cars, a guest house, and plenty of original architectural features inside.

↑ After hitting the market in December 2015 at $772,000, this former corner store in Marigny recently relisted at $749,000, and then quickly got knocked down to $720,000. (Fun fact: When it first hit the market in 2013, it was going for $595,000.) It boasts a big patio and pool, a large living room, a sunny kitchen, a bedroom leading out onto that wonderful patio, and a huge master suite.

↑ This Lower Garden District fixer-upper was a labor of love of artist Matteo Neivert, and after a job offer in another city he’s having to sell the renovated home. It hit the market in May at $765,000, and now it’s down to $699,500.

↑ This classic and cool Bywater side hall hit the market at $499,000 and a few weeks the price lowered slightly to $488,000. The 1,713 square-foot space has a lot of warm architectural touches, and one room has a custom Murphy bed that gives the space extra versatility. Out back, there’s a cute courtyard.

↑ This Garden District mansion, a dream pool party site, has been on the market for over a year and has gone down in price five times. Originally asking $3,560,000, the latest price chop has it down to $2,495,000 [Update: it's now down to $2.385 million]. The renovated Victorian has both a huge screened porch and a terrace that look out onto the saltwater pool and outdoor kitchen. Inside, there's 13-foot ceilings; a big kitchen and dining area; original hardwood floors, medallions and millwork; and a bar.

↑ Over in Irish Channel, this duplex is charming but has seen several price chops since hitting the market in February. It asked $569,000 then, and many price chops later the home is down to $499,000. The units of the downstairs/upstairs duplex are 1,179 square feet each. Currently, the upstairs unit—which has a balcony—brings in $1,600 a month in rent. The charming backyard includes a workshop and storage shed.

↑ After hitting the market at $1,295,000 in October 2015, this beautiful Bywater center hall with contemporary touches is down to $1,110,000 after a third price chop. The stately 125-year-old home is filled with contemporary touches, and includes a screened porch and lush back patio.

↑ This retro-futuristic condo inside an 1850 Garden District mansion has a striking octagonal skylight and a large terrace. It hit the market last month, asking $640,000. After a recent price change, it’s down to $615,000.

↑ Ever since hitting the market in June, the price keeps going down on this charming home in Bywater. It hit the market at $519,000, and now it’s going for $475,000. Filled with historical details, there’s also a screened porch, back deck, and patio here.

↑ This Bayou St. John camelback that got a very fancy renovation hit the market at $839,000 and after a second price chop is down to $749,000. The 2,806 square-foot home has a huge kitchen and dining area, a backyard cabana, and a luxe master bathroom.