The most and least expensive homes in the Bywater

Last month, in a global analysis of 17 New Orleans neighborhoods, our friends at NeighborhoodX found that home prices in the Bywater, measured by price per square foot, are among some of the more expensive homes in New Orleans.

The Bywater has an average asking price of $291/square foot, says Constantine Valhouli, Director of Research for NeighborhoodX. Valhouli and his team have only considered market-rate properties in this analysis, excluding foreclosures and short sales.

"To put the neighborhood's prices in context, the Bywater falls between the Lower Garden District ($277/square foot) and West Riverside ($301/square foot)," he adds.

via City of New Orleans/Mathes Brierre Architects

When considering square feet, this planned unit located at 3220 Chartres Street ranks as the most expensive home in the neighborhood. Priced at $553/square foot (which is more than the average home in the French Quarter), this home has two bedrooms, two bathrooms, and 1,445 square feet. Part of a 12-unit condominium, the developer has not disclosed much information about any of the listed units. However, upon purchase, the buyer will have a choice of three different interior designs to customize their home. Its asking price is $800,000.

via Kimberly Carnegie/Gardner Realtors

This Victorian fourplex located at 3821 Dauphine Street is the least expensive, priced at $163/square foot. This home has total of four bedrooms, 4.5 bathrooms, and 3,632 square feet. The seller reports a combined rental income of $3,500/month—three units renting for $750/month and one for $1,250/month. Its asking price is $595,000.

• New Orleans Bywater Price Range (October 2017) [NeighborhoodX]
• October 2017: 17 New Orleans neighborhoods ranked from most to least expensive [Curbed NOLA]
• New Orleans developer lists units at luxury mix-used development near Crescent Park [Curbed NOLA]