New Orleans Warehouse District- Cotton Mill Condos

I sell a lot of Condos in the New Orleans Market but the Cotton Mill Condos has been the the place I have sold the most. A couple of reasons is that they are moderately priced and have amenties that many smaller complexs cannot afford to have. You can still get a nice updated unit for under 200k in the Heart of the New Orleans Warehouse District. Its becoming a more popular place for a second home as its an easy walk to the French Quarter, Riverwalk, Convention Center, the Superdome, Harrahs Casino and the various attractions that downtown New Orleans has to offer.

This is a photo of one that I sold this month. The higher 15' ceiling, exposed beams, large windows, exposed brick, concrete floors has the Warehouse appeal which is still in demand. The prices have been steady and some good deals are there to be had. This particlular seller left all his furniture for my buyers. I was extremely lucky to sell 3 units there this December a time when the market was suppose to be slow. Knowing the inventory, the trends and prices in an area such as the Warehouse District can enhance the value of a buyers agent that specializes in such a market segment. Another good thing just happened in that the tax rates for the City of New Orleans have just dropped 30%. Tax Rates Lowered is a big plus for the area.