Earlier this week our friends at NeighborhoodX analyzed home prices in 16 New Orleans neighborhoods on a square-foot basis. Today the research and analytics firm identified the 10 least expensive homes for sale in the French Quarter.
The least expensive home for sale is this charming micro condo at 514 Dumaine Street that asks $170,000. It has tall ceilings, vintage Italian chandeliers, and an updated bathroom. It also has a built-in, queen-size Murphy bed that can easily retract inside the adjacent wall. It has a total of 220 square feet. HOA dues are $121/month.
The most expensive listing is this detached cottage with a courtyard at 823 Burgundy Street that asks $255,000. Measuring at 358 square feet, it has a studio floorplan and one bathroom. Highlights include its exposed ceiling beams, hardwood floors, and exposed-brick fireplace. It also has a kitchen that’s furnished with stainless steel appliances. Outside you’ll find a shared courtyard. HOA dues are $108/month.
”Overall, the price range for the French Quarter averages $512/square foot, ranging from $274/square foot to $1,308/square foot,” said Constantine Valhouli, director of research for NeighborhoodX. “These properties are clustered around that average - even though smaller properties tend to command higher prices per square foot than do larger ones in the same neighborhood or even building.”
To learn more about the least expensive homes for sale in the French Quarter, check out the interactive graph below. Hover over any address to learn more about that particular property.
- New Orleans: French Quarter most affordable (May 2018) [NeighborhoodX]
- May home prices in 16 NOLA neighborhoods [Curbed NOLA]