Monday, May 7, 2012

Hot Staging Trends in 2012

Hot Staging Trends in 2012

The clutter is cleared. The house is clean. Now, what accessories and accents can you use to make a room look fresh and modern?
Looking for new, modern staging accessories? Try chunky woven blankets, reflective surfaces, and tangerine combined with neutral shades, says Barb Schwarz, CEO of Stagedhomes.com. Other ideas:
Mother Earth–inspired elements.
Nature is popular in staging this year. Popular color palettes are reminiscent of natural elements—reds found in earth and soil, blues of the ocean, lush greens of the forest, and neutrals that draw from the softer, textured look of eggs, seashells, and sand. These natural tones are being paired with color accents, such as tangerine tango, Pantone Color Institute’s color of the year. Also look for accessories that incorporate natural elements: woven baskets, leather stools, and cotton towels.
Fabulous faux.
Think zebra stripe rugs or leopard print votives! But beware: Use wild animal prints in small doses only.
Digital...fabrics.
Framing a piece of digital fabric is a great way to create an inexpensive piece of artwork. Try textiles with fern or tree branch patterns.
Not your grandma’s doilies.
Add lace in subtle ways—on top of tablecloths or paired with bold colors. Traditional quilts and crochet pieces are also popular.
Faded area rugs?
Vintage is in vogue. Instead of ditching that old Asian rug, use it as the foundation for your room’s color and aesthetic palette. Add modern artwork and table accessories that complement vintage pieces.
Opposites attract.
Think silk with suede, furniture with studs, shiny with vintage.
Touch the sky.
Think about the clouds and water when choosing reflective white, blue, and silver objects and hardware. Mirrors are great for staging because they make rooms look bigger. Also consider mirrors in other ways, such as for a tray holding a tea cup and saucer or on a wall in an area where there isn’t a lot of light.

Thursday, May 3, 2012

5 Old World Style American Palaces

5 old-world-style American palaces
By Rob Bear, Curbed
May 1, 2012
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When American businesses finally began to eclipse the success of their European counterparts, the robber barons took to real estate to show off their massive wealth, building meticulously detailed mansions as a testament to their fortunes.

Here are five such internationally inspired palaces built for the wealthy, including one from a more recent Gilded Age:

Location: Denver, Colo.
Listing price:
$3.75 million

The Red Baron's legacy remains at Richthofen Castle.
Photo: Curbed

Baron Walter Von Richthofen, uncle of the famed flying ace "The Red Baron," built this Denver mansion in 1887, in homage to his ancestral home, on 335 acres. Today, the acreage has been cut down to just one gated acre, but the architectural majesty of the mansion remains. Measuring almost 15,000 square feet, Richthofen Castle boasts 35 rooms, including "drawing room, library, music alcove, servants quarters, butlers pantry, billiards room, Red Baron bar, eight bedrooms and seven bathrooms." That Red Baron bar is a sight to behold, with German fighter paraphernalia galore. Listed as a National Landmark, the castle is on the market for $3.75 million.

Location: Newport, R.I.
Listing price:
$17.9 million

Fairholme has been visited by the likes of John F. Kennedy.
Photo: Curbed

Perhaps no one American town benefited more from the architectural arms race of the Gilded Age than Newport, where the likes of the Astors and Vanderbilts constructed lavish summer homes in the European style. This one, known as Fairholme, was built in 1875 to designs by Frank Furness and featured a ballroom by Horace Trumbauer. Fairholme was among the first of Newport's great waterfront mansions. Later owned by the Drexel family, Count Alphonso Villa, and railroad baron Robert Young, it has been visited over the years by luminaries like the Duke and Duchess of Windsor and John F. Kennedy. The 20,000-square-foot main house presides over 4.3 acres of waterfront lawn, with an enormous walled swimming pool, pool house, and carriage house.

Location: New York City
Listing price:
$14.95 million

The last remaining detached single-family house in Manhattan.
Photo: Curbed

The cities too had their fair share of elaborate mansions built in the Gilded Age, but thanks to development in the ensuing hundred odd years since, few survive. In NYC, the Schinasi Mansion, on Riverside Drive not far from Columbia University, is the last remaining detached single-family house in Manhattan. The 12,000-square-foot mansion retains almost all of its historic detail, including amazing coffered ceilings and a Prohibition-era trap door that leads to a tunnel that once extended all the way to the river. The 35-room marble mansion was built for "Turkish tobacco baron" Morris Schinasi.

Location: Mount Kisco, N.Y.
Listing price:
$26.5 million

Devonshire, with its 101 acres, was owned by the Vanderbilts.
Photo: Curbed

In the tradition of the English country house, sprawling homes began to spring up in Westchester, north of New York City, in the mid-1800s. This Mount Kisco, N.Y. estate, about an hour outside of the city, was built in 1901 for J. Borden Harriman, of the prominent American family, and was later owned by the Vanderbilts, and then ended up in the hands of a "prominent European family." Known as Devonshire, the estate includes 101 acres of land, a 21,000-square-foot main house, a "carriage house, a Victorian-style guest cottage, and a caretaker’s house." The garage, which fits 10 cars, has a washing station and hydraulic lift. The main house features a grand staircase, eight bedrooms, a 10,000-bottle wine cellar, "gold-leaf moldings, wood and antique mirrored panelling, and marble floors."

Location: Miami, Fla.
Listing price:
$4.2 million

The Helmsleys' penthouse was converted to an Arabian palace.
Photo: Sotheby's

America's second Gilded Age, the 1980s, produced many lavish residences, but perhaps none are so emblematic of the spirit of the decade than this Miami penthouse, built for notorious real estate magnates Leona and Harry Helmsley. At one point the Helmsleys controlled the Empire State Building, along with a string of NYC hotels, but by 1989, Harry was very ill and Leona was doing time for tax evasion. The couple never moved into the Helmsley Penthouse, completed in 1981, and sold it off to Saudi Shiek Saoud Al-Shaalan. The sheik transformed the modern apartment into an Arabian palace over two years, with the help of 27 Moroccan artisans and craftsmen.
See more photos of these old-world mansions.
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Wednesday, May 2, 2012

Look at this new Home Trend!

Home Trend Watch: Home Owners Want More Kitchen Space

On April 23, 2012, in Home Trends, by Melissa Tracey
By Melissa Dittmann Tracey, REALTOR® Magazine
More home owners want more space in their kitchens and are expanding the kitchen’s use for more than just cooking, according to the latest findings from the American Institute of Architects’ quarterly Home Design Trends Survey. The survey, conducted in the fourth quarter of 2011, focused on kitchens and bathrooms.
“Kitchens seem to be regaining their function as the home’s ‘nerve center,’” says AIA Chief Economist Kermit Baker.
During the housing downturn, kitchen design fell as a priority for home owners, Baker notes. But as the market has picked up, Americans’ interest in kitchens has been renewed.
“The last few years have seen kitchens take on new functions with dedicated computer areas and recharging stations,” Baker notes.
The kitchen products and features growing the most in popularity, according to the survey of architects, are:

1. Computer area/recharging stations
2. Integration with family space
3. Renewable flooring materials
4. Recycling centers
5. Adaptability/universal design
Home owners are also placing more emphasis on sustainability in choosing products in the kitchen, such as with renewable flooring materials and renewable countertops increasing in popularity.
Sustainability is also important in bathrooms, the survey found. One of the biggest growing concerns for home owners in designing bathrooms is finding ways to minimize utility costs, according to the architect survey. As such, products like LED lighting, dual flush, and water-saving toilets are growing in demand, Baker notes.

Melissa Tracey

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Tuesday, May 1, 2012

Look at these 6 rules of curb appeal! :)

6 rules of curb appeal

by Paul Bianchina Fri, Mar 16, 2012
Provided byInman News
How to beat out competition when selling your homeIt's that time of year again, when I take a moment to talk to all of you who are thinking of putting your home on the market this spring. If real estate's favorite old adage is "location, location, location," then it's got to be followed closely by, "You get only one chance to make a first impression."
You can't change your home's location, but you can certainly do everything within your power to make that first impression a strong one, so let's go over the basics of that all-important must-have for a successful sale: curb appeal.
Start with a step back
You've seen the outside of your house so many times that you don't really see it anymore. So now's the time to look at it with new eyes, from the perspective of a prospective buyer. And if you can't do it objectively, get a friend, a neighbor or your real estate agent to do it for you.
Put yourself in the buyer's shoes, and make a written list of those things that might raise some concerns for you if you were thinking of buying it. And while the front of the house is the primary focal point, don't overlook the sides and rear of the house as well. Here are some things to keep in mind:
Exterior paint: The color and condition of your home's exterior paint job is one of the single most important things to a prospective buyer. The color makes a visceral impact the moment a buyer walks up, and while you might have thought that the hot pink siding with neon purple trim was a great showcase of your individuality when you painted the house, it's going to severely limit the home's appeal.
And no matter what color the house is, if the paint job is faded and peeling, it's an immediate warning sign to buyers that the house hasn't been maintained, so they'll have their magnifying glass out to look for other defects.
If you're handy with a brush and an airless sprayer, you might just want to undertake a repainting project yourself. A long weekend and a few hundred dollars in paint can make a world of difference in how well the home shows and how quickly it sells.
If you don't want to paint the entire house -- or if it doesn't really need it -- just painting the trim, exterior doors, garage door or window shutters can make a big difference as well.
Roofing: A bad roof is another indicator of a general lack of maintenance, and may point a finger at potential structural and even mold problems resulting from leaks. Roofs are expensive to replace, but depending on your market and your desire to reap top dollar from the sale, you may want to take a hard look at the economics of re-roofing.
Talk with your agent about the pros and cons of re-roofing now versus crediting the cost of a new roof to the buyer in escrow.
Driveway and walkways: Driveways are a pretty dominant feature in most homes. Clean any oil-stained concrete, and repair small cracks before they get larger. For asphalt driveways, a seal-coat can often make a big difference in appearance and help prolong the asphalt as well.
For concrete or asphalt that's badly damaged, it's time to be thinking about replacement. You can replace the driveway with the same material as before, or consider an updated look by using paving stones instead -- they hold up well in all types of weather, and can even be a very satisfying do-it-yourself project.
How about walkways? When someone arrives, is there a clear and safe path to your front door? You may not mind walking across your front lawn, but guests and prospective buyers would definitely prefer a walkway. There are lots of options for creating a new front walkway or replacing an existing one, so check out your home center or some landscaping magazines for ideas.
Landscaping: Are things overgrown? Dead or dying? Obviously neglected? Landscaping is a huge part of that first impression, so remember to take a critical look at it.
Fertilize and water the lawn regularly to green it up, and run an edger along sidewalks and driveway edges. Rake up leaves and pine needles. Repair sprinkler systems. Prune back or even remove those wild shrubs, and trim overhanging tree branches. Use bright flowers to create borders and accent areas that add both color and hominess to the yard. Consider adding new shade trees in front, which help a home look more established and appealing. Trees look best planted in odd numbers -- a grouping of three or five for example -- and the folks at your local nursery can help you with proper spacing. Clean and organize: Finally -- clean! If you're not going to paint, wash down the siding to remove dirt and stains and get it looking fresh and clean. Wash driveways, walkways and patios. If you have a wood deck, consider a complete cleaning to restore the wood to a fresher look.
Wash all the windows, inside and out, and wash the screens as well. Polish doorknobs and light fixtures. Stow all of your garden tools and kids' toys away to remove clutter and potential tripping hazards. Take a trip to the local landfill and dump all the stuff that's accumulated in and around the yard.
Check the night view
One last thing: Check the night view as well. A home that shows well at night really creates an impression. Replace any burned-out lightbulbs, and consider adding a timer or two to keep the lights on a little longer into the evening.
Consider some low-voltage or solar lights to accent front walkways, and maybe provide up-lighting to accent trees and larger shrubbery. Keep a light or two on in the front windows as well, to add to the feeling of coziness and comfort.
Remodeling and repair questions? Email Paul at paulbianchina@inman.com . All product reviews are based on the author's actual testing of free review samples provided by the manufacturers.
Contact Paul Bianchina: Email Letter to the Editor Copyright 2012 Paul Bianchina

Monday, April 30, 2012

Check Out these Helpful Home Maintenance Tips for Spring

10 home maintenance tips for spring

by Paul Bianchina Fri, Apr 6, 2012
Provided byInman News
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When was the last time you checked your foundation vents?The sun is peeking out and the plants are starting to blossom, so it must be about time for spring chores again. Here's my annual spring checklist of important issues to tend to around the house.
1. Roofing repairs: If you suspect winter storms may have damaged your roof, it needs to be inspected. (If you're not comfortable with the height or steepness of your roof, hire a licensed roofing contractor for the inspection.) Look for missing or loose shingles, including ridge-cap shingles.
Examine the condition of the flashings around chimneys, flue pipes, vent caps, and anyplace where the roof and walls intersect. Look for overhanging trees that could damage the roof in a wind storm, as well as buildups of leaves and other debris.
If you have roof damage in a number of areas, or if older shingles makes patching impractical, consider having the entire roof redone. Also, remember that if the shingles have been damaged by wind or by impact from falling tree limbs, the damage may be covered by your homeowners insurance.
2. Check gutters and downspouts: Look for areas where the fasteners may have pulled loose, and for any sags in the gutter run. Also, check for water stains that may indicate joints that have worked loose and are leaking. Clean leaves and debris to be ready for spring and summer rains.
3. Fences and gates: Fence posts are especially susceptible to groundwater saturation, and will loosen up and tilt if the soil around them gets soaked too deeply. Check fence posts in various areas by wiggling them to see how solidly embedded they are.
If any are loose, wait until the surrounding soil has dried out, then excavate around the bottom of the posts and pour additional concrete to stabilize them. Replace any posts that have rotted.
4. Clear yard debris: Inspect landscaping for damage, especially trees. If you see any cracked, leaning or otherwise dangerous conditions with any of your trees, have a licensed, insured tree company inspect and trim or remove them as needed.
Clean up leaves, needles, small limbs and other material that has accumulated. Do any spring pruning that's necessary. Remove and dispose of all dead plant material so it won't become a fire hazard as it dries.
5. Fans and air conditioners: Clean and check the operation of cooling fans, air conditioners and whole-house fans. Shut the power to the fan, remove the cover and wash with mild soapy water, then clean out dust from inside the fan with a shop vacuum -- do not operate the fan with the cover removed.
Check outdoor central air conditioning units for damage or debris buildup, and clean or replace any filters. Check the roof or wall caps where the fan ducts terminate to make sure they are undamaged and well sealed. Check dampers for smooth operation.
6. Check and adjust sprinklers: Run each set of in-ground sprinklers through a cycle, and watch how and where the water is hitting. Adjust or replace any sprinklers that are hitting your siding, washing out loose soil areas, spraying over foundation vents, or in any other way wetting areas on and around your house that shouldn't be getting wet.
7. Check vent blocks and faucet covers: As soon as you're comfortable that the danger of winter freezing is over, remove foundation vent blocks or open vent covers to allow air circulation in the crawl space.
While removing the vent covers, check the grade level around the foundation vents. Winter weather can move soil and create buildups or grade problems that will allow groundwater to drain through the vents into the crawl space, so regrade as necessary. Remove outdoor faucet covers. Turn on the water supply to outdoor faucets if it's been shut off.
8. Prepare yard tools: Replace broken or damaged handles, and clean and condition metal parts. Tighten fittings and fasteners, sharpen cutting tools and mower blades, and service engines and belts in lawn mowers and other power equipment.
9. Change furnace filters: Now is the time to replace furnace filters that have become choked with dust from the winter heating season. This is especially important if you have central air conditioning, or if you utilize your heating system's fan to circulate air during the summer.
10. Check smoke detectors: Daylight Savings Time snuck up early again this year, and that's usually the semi-annual reminder to check your smoke alarms. So if you haven't already done it, now's the time. Replace the batteries, clean the covers, and test the detector's operation before it's too late.
If you have gas-fired appliances in the house, add a carbon monoxide detector as well (or check the operation of your existing one). CO2 detectors are inexpensive and easy to install, and are available at most home centers and other retailers of electrical parts and supplies.
Remodeling and repair questions? Email Paul at paulbianchina@inman.com . All product reviews are based on the author's actual testing of free review samples provided by the manufacturers.
Contact Paul Bianchina: Email Letter to the Editor Copyright 2012 Paul Bianchina

Friday, April 27, 2012

Costco Now Sells Mortgages?

Costco Sells Mortgages to Shoppers

Add to your shopping list: Get a mortgage.
Costco shoppers will now find that they not only can buy their groceries in bulk at the warehouse retailer, but they can also shop for a mortgage too.
Costco announced that it will offer a full-service mortgage lending program on its Web site with First Choice Bank and 10 other lenders. The site gathers quotes from various lenders.
The warehouse retailer has been testing out offering mortgages for a year in some of its locations. Its lending partners have issued more than 10,000 mortgages to Costco members so far.
"I went in to buy some bottled water, big bags of chips, cereal, and some Nutri-Grain bars that I eat on my route," one Georgia shopper told CNNMoney. "I saw a home loan brochure on my way out and picked it up."
The shopper said he went onto the Costco site and was able to get mortgage rates from four lenders, as well as estimated closing costs and terms. He was able to refinance his mortgage and lower his monthly payments by $500 per month.
"We've always known that our members wanted more financial services," says Lauren Kutschka, Costco's manager of financial services, who adds the warehouse retailer also offers health and auto insurance and stock brokerage services. Costco next plans to add auto and student loans to its mix.
Source: “Now on Sale at Costco: Mortgages,” CNNMoney (April 26, 2012)

Thursday, April 26, 2012

Is a Garage a Deal Breaker for You?

Is a Garage a Deal Breaker?

Garages are becoming more important, as evidenced by the rising demand for more space and amenities in this part of a property. But many homes don’t even have one. How crucial is a garage for today’s demanding buyers?
Home owner Carol Meerschaert had three criteria when she bought her house in Paoli, Pa., four year ago: central air conditioning, a master bathroom, and a garage.
“I was commuting by train to Philadelphia and purposely bought in a town where I could walk to most places: a bank, post office, and several restaurants, but there was no way I ever would get into a boiling hot car in the summer or a snow-covered car in the winter. I needed a garage,” she says.
And the single-car garage that’s part of her ranch-style house has suited her quite nicely, says Meerschaert, director of marketing and communications at the Healthcare Businesswomen’s Association, a nonprofit leadership association, in Fairfield, N.J.
Other home buyers feel similarly about the importance of a garage. So, will the absence of one stymie a deal? Many older or smaller homes, as well as homes in the entry price range and even those in certain warm climates, may not have one. Or they may just have a carport with a roof but no garage door.
There’s a second key question to ponder. Should sellers of houses without a garage construct one to compete when there’s so much inventory on the market?
In both cases, there’s no definitive answer since the importance of a garage hinges on so many factors, including a home’s overall value, whether other houses in the same neighborhood have one, and the area’s climate.
Saleswoman Peggy Patenaude, with Prudential Howe & Doherty, REALTORS®, in Andover, Mass., a Boston suburb, thinks a garage definitely increases the value of a property if it’s in a mid-level or higher price range and in a cold climate. Moreover, if a home doesn’t have one, it may prove a deal breaker, she says. “I think a two-car attached or detached garage can add $30,000 to a home’s value; a one-car attached or detached garage may increase it by $15,000 to $20,000,” she says.
Real estate investor and author Grant Cardone, whose eponymous company is based in Los Angeles, thinks having a garage is especially critical in this turbulent real estate market. Yet, he’ll consider buying a house as an investment if it doesn’t have a garage, as long as there’s room to add it. “It was different four years ago because there was so much less inventory,” he says.
But Cardone also believes that the investment is a good one. “The average two-car garage will return the investment two to two-and-a-half times. It doesn’t mean you have to have one with polished or painted floors and other fancy amenities, but it does have to be clean and roomy. Adding some extra square footage doesn’t cost that much more with this type of construction,” he says.
Patenaude also recommends always including an electric door opener and, if possible, designing the garage so it’s located on the side of a house with enough turnaround room rather than having it face the street, which is less visually attractive, she says.
Chicago architect Allan J. Grant thinks that a typical two-car garage should be at least 20 feet wide — 24 feet is optimal — and at least 22 to 25 feet deep. A single-car garage should be a minimum of 10 feet wide. He adds that making it slightly roomier allows for storage space for bicycles, garden equipment, outdoor furniture, and other “stuff” without much extra expense. Plumbing, electrical outlets and circuits, and a roof structure being expanded and enhanced to run air ducts for future heating and cooling all would increase the construction cost, but would permit converting the garage to a habitable room, if desired.
Grant also advises designing a garage to match a home’s exterior materials and roofline, which may bump up the cost more. “If you’re using brick, expensive wood, or stone for the facade and slate for the roof, you could easily double the $25,000 to $30,00 cost for materials and labor for a two-car garage, but if you go with more basic framing and asphalt roof shingles, the cost will be far less,” he says.
Besides the dollar consideration, sellers need to weigh the time frame, since building on requires checking local zoning ordinances regarding how big it can be and if there’s room due to setback rules. “Getting approval and construction take time,” Grant says.
Patenaude agrees. “By the time sellers usually are ready to list their home, many aren’t interested in investing that kind of money or in the wait. It’s better to price the house according to what it has — and doesn’t have,” she says.