NEW ORLEANS – McEnery Residential said it has brokered a sale at the highest price per square foot in the history of the Bywater neighborhood.
The sale of a 200-year-old house at 827 Independence Street closed in early December at a price of $735,000, which is equal to $404 a square foot.
McEnery said this exceeds the highest known price per square foot in Bywater history by nearly $100. Real estate agents Jonathan Maki and Anna Mixon managed the deal. The high-end renovation was completed by Terry Landrem Construction and the title work provided by Bayou Title.
“This is a spectacularly well-thought out and high-end designed house,” said Maki. “Our McEnery Residential team brought in the high end buyers, because we have the highest average sales price per sale out of any firm in the market by 25%. … I think the Bywater is hot and prices are rising there for higher end renovations.”
