July 6th, 2008 categories: New Orleans Condo Reviews
The 24 unit condo complex at 835 Julia Street is at the corner of Barone Street and Julia Street are condo conversions from an office building. There are 5 penthouses, 18 condo units on floors two and three and a retail condo on the first floor. The units have on site parking on the first floor. Looks like the average price is around $300 per sq. ft. with some more and some less depending on the size and view. Remember you get garage parking which is an easy 20k that you need to figure in the price.
The location is a little removed form the center of the Warehouse District but still has a good location that gets about the right amount of traffic. Everything is still an easy walk. The units are not pre-sales but by sales contracts meaning you just buy one and wait till its finished. You would still have time to choose many of the interior features such as flooring. The great thing is that you know its getting built as each unit is finished when you purchase.
The pricing start in the low 200k range and goes to the mid 400k range for the units that are left. The downtown market is still in good shape and would expect sales to continue to be moderate to good. Most are one bedroom units over 600 sq. ft. The prices seem to be very fair for a place that is all new. You could be the first to live in a unit as its not an upgrade but a new unit in an old building.