I planned a friend's bachelor party in New Orleans and we decided to stay at Tracie's due to the good reviews, the food/drink amenities, and the proximity to Jazz Fest. Our experience differed quite a bit from the other reviews...
We received breakfast on 1 of our 4 mornings and beer was refilled once over the course of the weekend. Approximately 20 beers for 10 grown men was not sufficient. It was a tough pill to swallow for the guests who paid a premium for food and drink service but did not receive what we expected.
The festival was close to Jazz Fest so it is a good location for that event. It is about 15-20 minutes from the French Quarter.
Tracie did go above and beyond before our arrival by doing us a favor - receiving a package that would have been tough to travel with and delivering it to the house before our arrival.
The house and amenities may be targeted more towards bachelorette parties (based on the decal in the front room) and people who plan on relaxing at the house rather than exploring the city. You end up paying for breakfast and lunch that you won't use if you want to explore New Orlean's food scene. Also, if the house is catered to people who want to relax at the house, we would highly recommend upgraded internet. We relied on our cellular data and mobile hotspots since they were faster than the house wifi.