May 25, 2016
Super Green, Super Expensive
(SANTA CLARA, CA) How green do you want to go? Turns out that going a little green (think low-voltage lighting, bamboo floors, and dual pane windows) doesn’t affect a home’s price much, but the higher up the scale you go the price can skyrocket. Especially if you don’t want to sacrifice luxury. Looking for a home with Energy Star appliance, solar panels, and smart thermostats? Expect to shell out quite a few more greenbacks. Financial Review reports, based on data from Realter.com, that the median premium for LEED-certifed homes will run you a whopping 50 percent more. "Affluent buyers do not want eco at the expense of luxury, but if you can put them together, they'll pay a premium," says Gregg Lynn, a realtor with Sotheby's International Realty. Lynn says the homes he sells are like Teslas: His clients buy them as much for their design as for their environmental attributes. They wouldn't buy a Prius or the real estate equivalent of one. Click the link below for a look at some of the luxurious homes around the country that have gone super green.
May 23, 2016
(LAS VEGAS, NV) The Great Recession did two things in the Las Vegas market—it wiped out seniors’ finances and the launch of new senior communities, according to a recent piece on VegasInc. But developers are finally back at building 55-and-over communities here, though the times have changed the nature and scope of such projects. The new crop of communities has abandoned the golf-centric lifestyle and instead is offering amenities like pickleball, bocce, and ballroom dancing. Among the new senior developments currently underway are Lennar Corp.’s 220-acre Heritage subdivision in Henderson, Toll Brothers’ 110-acre Regency project in Summerlin, and Newport Pacific Land Co.’s 52-acre Latitude development in Summerlin. Not one of them has a golf course. The good news is that the valley already has a substantial of courses to satisfy the 55-and-overs when they tire of pickleball.
May 19, 2016
(ORINDA, CA) Of course there’s a basketball hoop. And the putting green is no surprise either. What is surprising is how not over-the-top Stephen Curry’s Spanish-style home is. We’ve grown accustomed to multi-millionaire athletes’ penchant for homes that defy imagination. The Golden State Warriors’ star seems to have a quieter style. He’s put his current home on the market to move to nearby Walnut Creek. Don’t get us wrong, this is a very nice home. Five bedrooms, red-tiled roof and white stucco exterior covered in ivy, soaring ceilings with exposed wood beams, large windows and French doors throughout. All tucked among 100-year-old oaks in a very private setting. The realtor makes it sound a suburban couple’s dream home: “Very centrally located…less than a mile to get into town…close to BART.” The basketball hoop would look at home in any driveway and the putting green is modest. But take a look for yourself at the link below. Seems greatness doesn’t require ostentation after all.
May 18, 2016
(DAVIS, CA) Developers are ditching golf courses to build ‘agrihoods,’ reports The Christian Science Monitor. Actually, the move to designing communities around farms instead of fairways is a niche trend at this point in time, but it does seem to be growing. Ed McMahon, senior resident fellow at the Urban Land Institute in Washington, D.C., says he gets a call almost every day from a developer interested in the concept. Current agrihoods include Willowsford in Virginia, Agritopia near Phoenix, and Prairie Crossing in Illinois. The Cannery opened in last year outside Sacramento California with plans to be a 547-home community, with prices starting in the $400,000s. It has farm, but residents won’t be doing much of the actual work. That will be left to professionals. But residents will be reap some of the harvest by purchasing food grown in their community.
May 16, 2016
Daniel Island Turns 20
(CHARLESTON, SC) Charleston is hot…and we aren’t talking daily temperatures. The charming city has been widely recognized as one of America’s top places to live, work, and play. For those who call Daniel Island home, the pleasures of Charleston are within easy reach. In fact, this award-winning mixed-use, master planned community is located within Charleston, just 15 miles from its historic district. But with 4,000 acres surrounded by 23 miles of rivers, creeks, and waterways, Daniel Island enjoys a world all its own. This year, Daniel Island celebrates its 20th anniversary. It’s hard to believe that back in the early 1990s, Daniel Island was rural farmland that was also used for cattle ranching and as a private hunting retreat. But with the opening of I-526 in 1992, Daniel Island suddenly became the center of the growing Charleston region. This week, the Daniel Island Historical Society honored the island’s 20-year milestone at a special event that looked back at the early days of Daniel Island’s development.