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July 2017: Evaluating the Lower Garden District neighborhood price range

Using price per square feet to evaluate cost of housing

Over the last few months, our friends at NeighborhoodX have analyzed house prices in New Orleans. So far, the analytics and research firm evaluated over 10 New Orleans neighborhoods in depth and released a global analysis of fifteen popular neighborhoods in the city.

Today, NeighborhoodX revisited the Lower Garden District neighborhood. As of July of 2017, the current average listing price in the neighborhood is $307. This past June, the Lower Garden District averaged $288 per square foot.

In Curbed NOLA’s map of the most expensive neighborhoods, The Lower Garden District ranked as the 6th most expensive neighborhood to purchase residential property.

Via Bryan Francher

1350 Camp Street.

Built in 1857, this Lower Garden District townhouse ranks as the most expensive property in the neighborhood. Priced at $428 per square foot, this home has two bedrooms, 2.5 bathrooms, and 2,100 square feet. Highlights include 13-foot ceilings, heart pine floors, custom crown molding, and a chef’s kitchen. The asking price is $899,000.

Via Aaron Dare/Tommy Crane Realty

1451-53 Annunciation Street

This multi-family property located at 1451-53 Annunciation Street ranks as the least expensive home in the Lower Garden District, priced at $197 per square foot. Measuring in at 2,910 square feet, this three-unit property has four bedrooms and three bathrooms. Two units have one bedroom and one bathroom, while the largest unit has two bedrooms and one bathroom.

To learn more about homes in New Orleans, check out the interactive graph below. Click on any address to learn more about that particular property.