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Broadmoor - Town vs. County Stats
Avg Price in Broadmoor: $344,900/Co. / County Avg $483,200
Avg Sq. Ft. in Broadmoor: 2,078/Co. / County Avg 1,985
Avg Price per/ft2 in Broadmoor: $166/Co. / County Avg $243
Avg Walkscore in Broadmoor: 65 / County Avg 66
Avg Year Built in Broadmoor: 1966/Co. / County Avg 1960
Avg Days on Website in Broadmoor: 133/Co. / County Avg 110
Broadmoor Real Estate Market Health
The neighborhood of New Orleans known as Broadmoor is a relatively new community compared to other neighborhoods in the city’s 300 year-old history. The area can best be described as an upwardly moving neighborhood with an architecture mostly comprised of raised homes built in the 1920s.
Broadmoor’s boundaries are based north of Uptown along the greatly bending Claiborne Avenue, Lowerline Street, which divides Carrollton and Uptown, and Toledano which divides the neighborhood’s downtown side. Centered conveniently near Uptown, Central City, Mid City, Garden District, Carrollton, and Central Business District (CBD) residents easily access all of central New Orleans.
Since the 1940s, roughly 50 percent of Broadmoor’s homes were owner occupied and the area was a stable community; however, this area saw great devastation during Hurricane Katrina, but has since returned due to the spirits and determination of its residents.
Post Katrina, Broadmoor has seen a progression and renovation, and is undergoing a surge of growth and interest. As of June 2008, Broadmoor has repaired over 70 percent of its houses. The community is architecturally diverse with mission revival and Spanish double shotgun homes.