Welcome to Westbank Flip by Mazier Realty

Your Doorway to Westbank Investment Opportunity

The Westbank offers a wide range of real estate opportunities, from smaller renovation projects to larger value-add properties. But successful flipping is not just about buying cheap and selling high. Investors need to understand neighborhood demand, renovation costs, financing, resale timing, insurance, inspections, and realistic after-repair value.

Mazier Realty helps investors look at the deal before emotions take over. We focus on the numbers, the neighborhood, the exit strategy, and the risks that can quietly eat up profit.

Where We Are Looking

Gretna

A strong starting point for Westbank flip analysis, with historic areas, starter homes, and investor activity.

Harvey

Larger housing stock, suburban demand, and opportunities where condition and pricing gaps may create room for improvement.

Marrero

A broad market with different price points, useful for investors looking for both entry-level and mid-range resale opportunities.

Westwego & Algiers

Markets worth watching closely, especially when pricing, renovation scope, and buyer demand line up.

What Investors Need to Know Before Flipping

1. Know Your After-Repair Value

The ARV is the number that drives the deal. We look at nearby sold properties, condition, square footage, days on market, and buyer expectations.

2. Respect the Repair Budget

A flip can fail because of underestimating repairs. Roof, HVAC, plumbing, electrical, foundation, flooring, and insurance issues must be considered early.

3. Plan the Exit

Before buying, know whether the likely buyer is an owner-occupant, landlord, first-time buyer, FHA buyer, conventional buyer, or cash investor.

4. Understand Local Conditions

Westbank properties vary street by street. Flood zone, insurance cost, school access, commute, property condition, and neighborhood perception all matter.

Market Data: Gretna Sold Property Review

This section will use recent sold data to help investors understand the Gretna market before moving into Harvey, Marrero, Westwego, and Algiers.

Gretna Sold Property Review

Based on the data reviewed, this summary covers 126 sold properties.

Sales Summary

Average Sold Price: $236,363
Median Sold Price: $234,000
Average Price per Square Foot: $135.96
Median Days on Market: 59.5 days
Lowest Sold Price: $60,000, including 1820 Cedarwood Ave
Highest Sold Price: $640,000, including 1023 Wyndham N Ave

Property Characteristics

Typical Bedroom/Bath Count: 3 bedrooms and 2 full bathrooms
Renovated or superior condition: 95 properties marked “Excellent,” “New,” or “Very Good”
Needs repairs: 12 properties marked “Fair” or “Poor”
Average condition: 19 properties

Examples of Renovated or Superior Condition Properties

101 St James Dr
1023 Wyndham N Ave
1052 Eli Ct
110 Ciena Dr
113 Meadowbrook Dr

Examples of Properties Needing Repairs

1005 N Townshend St
1491 Alison St
1820 Cedarwood Ave
225 Wright Ave #225 F
2424 Park Place Dr

Economic Insight: “In Gretna, renovated homes in move-in condition appear to sell at a meaningful premium compared with properties needing major repairs. The key question for investors is whether the spread is large enough to cover purchase price, renovation cost, holding cost, resale cost, and profit.”

Gretna Chart Area

A chart from my Google Sheets analysis

The Basic Flip Formula

Maximum Purchase Price

A simple starting formula:

ARV × Target Percentage − Repairs − Holding Costs − Selling Costs − Profit = Maximum Purchase Price

This is only a starting point. The right number depends on risk, financing, renovation complexity, market demand, and how quickly the property can be resold.

How Mazier Realty Helps Investors

Deal Screening

We help review potential flip properties before you commit time and money.

Comparable Sales

We analyze sold properties to estimate realistic resale value.

Exit Strategy

We help you think through resale, rental, buyer type, and timing.

Local Insight

We bring New Orleans-area market knowledge, investor experience, and practical judgment.

Before We Work Together

Serious investors should be ready to discuss budget, financing, target areas, renovation experience, timeline, and risk tolerance. The goal is not to chase every property. The goal is to find deals where the numbers make sense.

If you are new to flipping, that is okay. But you need to be willing to learn the market, respect the numbers, and move carefully.