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.