Craftsman / Bungalow home in New Orleans, LA
This 1,523-square-foot Craftsman home in New Orleans, LA includes 4 bedrooms and 2 bathrooms. The Craftsman styling carries through the home's design.
| Price | $399,000 |
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| Beds | 4 |
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| Baths | 2 |
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| Sqft | 1523 |
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| Architectural style | Craftsman / Bungalow (65% match) |
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| Address | 3205 Lafitte St, New Orleans, LA 70119 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $399K, this home is 14% above the $350K median for 249 similar Craftsman / Bungalow homes in New Orleans, LA.
- That works out to $262 per square foot, 32% above the $198 comparable rate.
- On the market 48 days, longer than usual here, so the seller may be open to offers.
| This home | $399,000 |
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| Craftsman / Bungalow median in New Orleans, LA | $350,000 (249 homes) |
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| Price per sq ft | $262 vs. $198 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,520/month with 20% down at a 7.28% 30-year fixed rate. You would need about $107,993 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,184/mo |
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| Property tax (new-buyer reassessed rate) | $186/mo |
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| Homeowners insurance | $150/mo |
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| Total monthly | $2,520/mo |
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| Down payment (20%) | $79,800 |
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| Income needed | $107,993/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (57 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (57/100) |
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| Beats renting in | 11% of modeled paths |
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| Modeled 5-yr equity (median) | $169,253 |
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| Range (10th to 90th pct) | $95,249 to $258,356 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward New Orleans, LA where local data is thin.
Local home values
Typical home values in New Orleans, LA have fallen about 6% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia