This brought back memories…..
Are you looking for a smaller one-story view home to re-finish?
Do you like being at the top of the hill on a quiet single-loaded culdesac?
The insurance company did the remediation of a water leak, but expect these seniors to manage their own reconstruction project. We’d rather you do it your way! The house has a roof, newer sliders and windows, and shutters – do you mind doing the rest?
Here is the last sale of this floor plan – it closed at $842,500:
We’re asking $750,000!
Did sheltering in place have any effect on home improvement rates? Our data says yes.
Over half of American homeowners (55%) said the pandemic and associated disruptions gave them time to improve their homes, while 59% admitted that spending more time inside due to lockdown inspired them to renovate their place of residence.
What’s the stated reason? “Finally having the time” was the top motivator, with 25% of homeowners saying that’s what drove them to go ahead with their improvement and remodeling projects.
Impressively enough, it ranked above the more typical drivers of home improvement, such as adding value to a home (21%) or making a home feel more comfortable and cozy. (21%).Link to Full Article
We’re not quite back to earth tones……yet!
Adding a loft/bedroom over a tall ceiling isn’t a big deal – it’s nothing money won’t fix!
This was the day I got into Bloomberg Businessweek:
Here’s the photo shoot:
A summary of my life in the 2008-2013 bust-boom:
Looking for paint advice? Check out this influencer’s opinions on the latest whites, blues, greens & grays:
Hat tip to Susie for sending this in – only $828,888 for this house in Queens!
My good friend Nancy Keenan was featured in this Forbes article – an excerpt:
Conducted from April 23 to April 30, the America at Home Study compared responses from 3,001 consumers 25 to 74 years old with household incomes of $50,000-plus; 77% were homeowners, 20% were renters, and 3% live with relatives or friends. At the time the survey was conducted, nearly half (48%) of the respondents or another household member had lost a job or income as a result of COVID-19.
Not surprisingly, the survey team discovered that the popular open concept floorplan is problematic when one room has to have multiple purposes. For one thing, there’s the issue of noise and distraction with so many occupants working and schooling at home. “The challenge as we begin the recovery phase is to dig into what consumers say is missing from their current living space and what they are willing to pay for in their next home,” Slavik-Tsuyuki says.
When asked what they thought the word “home” meant, 91% of respondents said, “a safe place.” Safety as a category encompasses many things such as “hygiene, health and wellness, and flexibility of space,” Slavik-Tsuyuki says.
More than half of respondents said they want germ-resistant counters and flooring; greater technology; energy efficiency; more storage, specifically for food and water; touch-free appliances, faucets and toilets; a better equipped kitchen for cooking.
More than 30% want touchless home entry; home offices to accommodate more than one person; flexible walls to create adaptable space.
Keenan of the Dahlin Group points out that since the 1850s, health crises have changed the way we live. With cholera and Tuberculosis a fear, many cities improved water quality standards, and an acceptance of fresh air to combat disease, meant more homes were built with porches and better ventilation. After the Spanish Flu, built-in tubs became the norm as they were easier to clean than claw foot tubs, and lacquered toilet seats replaced wooden ones; powder rooms near a home’s entry provided a place for visitors to clean their hands. After this pandemic it will be no different.
Keenan says that many of the changes that consumers want can take place immediately and that builders are already refreshing their home designs. She mentions drop zones for clean package delivery, more storage, flexible spaces for home offices, better technology and energy efficiency, connection to the outdoors, full baths in mudrooms, multi-use garages, the potential for movable wall systems and multiple office spaces.Link to Forbes article
There aren’t many (if any) of the larger parcels left for big developments, but if the government was an easier and cheaper component, then new infill projects and the repurposing of commercial/industrial properties into residential could benefit – an excerpt from a CalMatters commentary:
If we want to begin to climb our way out of this housing crisis, where do we start? We can begin by fixing zoning, curbing the worst abuses of legacy environmental laws and lowering the mandatory fees that stifle homebuilding at the permit counter.