A new construction in Arabi asks $295K

Arabi is among the fastest growing suburbs in the U.S.—and new constructions like this three-bedroom, two-and-a-half bath home are both a reason for and a reflection of that growth.

Although Arabi is just a 15-minute drive from downtown New Orleans, its homes boast a much lower average price per square foot compared to New Orleans (around $97 versus $158 in Orleans Parish). In the case of this new home by K&T Builders, the lower sticker price also reflects good negotiating.

“Sold on St. Bernard ... is undergoing an initiative to revive Arabi,” said Shannon Worrel, a real estate agent with WiseMove, in an emailed statement. “They brokered a deal with a select group of local builders in which the builders purchased lots at a discounted price with the intention of building quality homes to bring more people into the area.”

This 1,750-square-foot home sits on an oversized lot on the newly developed Seal Drive, where you’ll find four other homes by the same builder. They all hover around the $290,000 price point.

“Since this neighborhood is a blank slate, we really tried to step out of the mold to make these homes unique and well built,” Worrel said. “We have flame-treated floors, elaborate Spanish tile, and handmade tile backsplashes, just to name a few key features.”

The home has a modern open floor plan, but its long rectangular windows, hardwood floors and raised front and back porches link it to traditional New Orleans homes. Highlights include quartz countertops, sliding barn doors, and a tiled kitchen backsplash.

“We’re very excited... (about this) initiative to revive a historical area by bringing both quality and design,” Worrel said.

Via: Shannon Worrel of WiseMove LLC