The Residence at Park Avenue: West Bank Neighborhood Real Estate Update
By Lisa Heindel, New Orleans Real Estate Broker
(Crescent City Living LLC)
It's been awhile since I posted about The Residence at Park Avenue, one of my favorite townhouse communities on the West Bank of New Orleans. Boy, has the market changed! Back in January, there were only 3 available units for sale. Since the last sale in this gem of a neighborhood was in 2006, it looked like a great buying opportunity for some lucky somebody. Well, now there are 9 available units, including 3 that are brand new construction. At least one of the available units has been discounted over $30,000 since the initial listing! Priced from the low $300s to the upper $500s, there are more choices available to buyers than since the community was initially developed in 2003. Now is the time to consider living in luxury with amenities such as:Gated, restricted access Priv...
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