Friday, November 30, 2018

Desert Delight! Luxe Midcentury Modern in Palm Springs Gets Full Makeover

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If you’re into shades of sea foam green and mauve, boomerang tables, and “Mad Men” marathons, you already know Palm Springs is the mothership for midcentury modern housing stock.

But what makes this particular home so desirable is that the same family has owned it since 1973, the year it was built.

A top-to-bottom renovation of the five-bedroom abode added a few modern tweaks—but those changes remain in perfect harmony with the home’s beginnings. You’ll now find bright orange kitchen cabinets, a fire pit by the pool, and a free-standing organically shaped soaking tub (in the master bath).

Avocado-green shower tile in one of the four bathrooms delightfully bridges the past and the present as well.

Exterior

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Soaking tub in one of the baths

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Front entrance

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One of the bathrooms

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Pool

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Outdoor space

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Design features from the middle of last century still shine—including lattice exterior walls, a floor-to-ceiling stone fireplace, interior walls of glass, a circular outdoor pool (a refreshing departure from lap or kidney-shaped pools) and an open layout that’s an entertainer’s dream. Outdoor space is organized into conversational areas perfect for dining al fresco or having friends over for drinks.

Furnishings currently in the home are open for negotiation, so a buyer could make a turnkey deal. In addition, the home’s infrastructure has all been recently upgraded, which means zero major maintenance in the coming years.

Kitchen

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Living room

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A buyer isn’t simply paying for the luxurious interiors of the nearly 5,000-square-foot house. The surrounding Historic Tennis Club neighborhood is factored into the $3,795,000 listing price.

“It’s considered the top neighborhood in Palm Springs because of the walk to downtown,” says listing agent Sandra Quinn of Sandra Quinn Real Estate Group.

One block away from the white home with a double-door entrance (painted, appropriately, aqua blue) lies this desert town’s entertainment district, which includes shopping, restaurants, art galleries, and a crop of new hotels. Which includes the recently reopened Ingleside Inn next door. “That’s the old Brat Pack spot,” says Quinn. “They totally renovated the space.”

The area revitalization is attracting a new crowd of travelers and homeowners far from retirement age. “All the L.A. hipster crowds are coming here,” says Quinn, adding that actor Leonardo DiCaprio snapped up the Donald Wexler-designed Dinah Shore estate for $5.2 million in 2014.

What kind of person will jump at the opportunity to own this ultra-luxe midcentury modern? “It’s probably going to go to an L.A. resident and used as a vacation home,” says Quinn. Each of the five bedrooms offers privacy, something short-term dwellers desire. With winter already here, this sunny vacation getaway looks oh-so-appealing—short or long term.

The post Desert Delight! Luxe Midcentury Modern in Palm Springs Gets Full Makeover appeared first on Real Estate News & Insights | realtor.com®.



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Racial Gap: Homes in Black Neighborhoods Are Worth This Much Less Than in White Ones

Tony Anderson/Getty Images

Much has been made of the American Dream: how homeownership can help lift hard-working folks into the country’s middle class. But that dream just isn’t worth nearly as much in minority neighborhoods.

Homes in predominantly black neighborhoods are worth only about half as much as comparable properties in white neighborhoods, according to a recent report from Gallup and the Brookings Institution, a think tank. Brookings and Gallup looked at neighborhoods where at least 50% of residents were black. These were then compared with neighborhoods whose populations were less than 1% black.

In black communities, homes are undervalued by an average of $48,000 per home, according to the report—and that’s comparing them with white neighborhoods that have similar amenities. That’s a significant amount, considering the median home list price is $295,000, according to the most recent realtor.com® data.

“This is due to the history of racial discrimination and segregation that still lingers in cities around the country,” says Jonathan Rothwell, senior economist at Gallup. “Homeowners in those areas are missing out on equity and wealth, which they could use to improve their lives and pass money onto their children to start businesses.”

Or those homeowners could use their equity to purchase larger or nicer homes, he says.

This issue affects quite a few Americans.

Only about 10% of neighborhoods in U.S. metropolitan areas are majority black. But 37% of black Americans live in these metros, which include cities and the suburbs and exurbs surrounding them.

And while the study compares neighborhoods that are similar aside from their racial makeup, on the whole, predominantly black neighborhoods often don’t have the top public schools, libraries, parks, and other amenities of white neighborhoods. Instead, residents of majority-black communities must often deal with higher crime rates and longer commute times.

These areas may also have less access to good jobs and public transit, see fewer investments in infrastructure, development and parks, and may struggle with higher unemployment rates, says Realtor® Michael LaFargue of Coldwell Banker Residential in Chicago. He primarily works in the city’s black neighborhoods. Plus, recessions can hit these communities harder.

“When markets go down, home values in black neighborhoods go down faster,” he says. “And when markets go up, home values in black neighborhoods take longer to recover.”

The post Racial Gap: Homes in Black Neighborhoods Are Worth This Much Less Than in White Ones appeared first on Real Estate News & Insights | realtor.com®.



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It’s Good! Titans Kicker Ryan Succop Scores Modest $2M Home in Nashville

Ryan Succop

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Call it an extra point? Tennessee Titans kicker Ryan Succop has picked up a $2 million home in Nashville, his second in the area in three years.

The 3,300-square-foot house, built in 1960, is relatively modest considering the price tag. But the extra yardage is the true selling point in this case—it’s nestled on 1.5 tree-lined acres in the upscale community of Forest Hills.

The all-brick home, which was renovated in 1985, has three bedrooms, three bathrooms, and, of course, plenty of room outside, complete with a basketball hoop (in case Succop wants to work on his jump shot in between field goals).

In 2015, Succop bought a luxe 3,400-square-foot condo in Nashville’s tony Belle Meade neighborhood for $699,900.

It’s not surprising that the 32-year-old, currently considered one of the most accurate kickers in the NFL, is doubling down in Nashville. Earlier this year, Succop avoided free agency when the Titans signed him to a five-year, $20 million extension—the second-largest deal for a kicker in NFL history.

Ryan SuccopRyan Succop’s Nashville home

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Ryan SuccopFamily room

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Ryan SuccopKitchen

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Ryan SuccopBasketball court

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Succop, who’s spent a decade in the NFL, signed with the Titans in 2014 after beginning his career with the Kansas City Chiefs. Last year, Succop set an NFL record with 56 consecutive successful field goals from inside 50 yards.

The post It’s Good! Titans Kicker Ryan Succop Scores Modest $2M Home in Nashville appeared first on Real Estate News & Insights | realtor.com®.



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Who paid $7.5M for five-acre Woodland Hills Manor in Buckhead? (Photos)

1690 West Paces Ferry Road W, or Woodland Hills Manor, has been listed twice since 2013, both times at $12.9 million, with no price reductions, said the agent, Kevin Knox, a Realtor with Keller Knapp Inc.

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Thursday, November 29, 2018

Idaho’s Second-Most Expensive Property Comes With Unmatched Views

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Put down the potato! When you think of life in Idaho, a home with a view isn’t usually the first thing that springs to mind. However, we’ve found a massive estate with awe-inspiring views sitting at the edge of Boise’s East Ridge.

Now listed for $7.75 million—making it the second most expensive listing in the state—the mansion is a source of intrigue for Boise residents. “It’s kind of a mystery to everyone, because they don’t know much about it,” says listing agent Eric Debord, “People think it belongs to someone famous.”

We’re sorry to bust a Boise myth, but the mansion doesn’t have a ton of star power behind it. The place is owned by a wealthy businessman with no connection to A-list fame. “The current owners lived in San Francisco at the time, and they were here on a trip. This huge piece of land overlooking the city was a big blank slate for them,” explains Debord.

Gourmet kitchen

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After purchasing the property, the owners enlisted well-known Boise architect Trey Hoff to bring their vision of a mountainside retreat to life.

Hoff and his team hit a few hurdles at first, as the rocky terrain of the East Ridge refused to yield. “There are enormous boulders all the way around the home that couldn’t be moved or blasted away, so the home was built around them,” says Debord.

Living space

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The result is a sprawling, three-tier estate that blends in with the land it occupies. “The top tier offers unbridled views of the valley,” says Debord. Grand windows and a huge deck offer postcard-worthy vistas of the Boise skyline as well.

Downtown Boise view

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Another huge selling point? This house is, and always will be, the only hillside home in the area. “The city of Boise has been really aggressive at buying up as much hillside space as they can to keep it open and unobstructed. It’s a big draw for people moving to the area,” explains Debord.

As a result, the 60 acres the home sits on is bordered by federal, city, and county lands that will most likely remain undeveloped, making this home the only one in the city with views this expansive.

Deck view

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Distance from city life, especially in a state like Idaho, can be a deal breaker. But this house—secluded and seemingly distant from city life—is actually only 2 miles from Boise. “The entrance to the property is right off one of Boise’s main roads, and it only takes a few minutes to get to the city,” says Debord.

With its proximity to the city, over 6,000 square feet of living space, endless windows, an indoor pool, and a gourmet kitchen on top of a deck that offers the ultimate in views, this hillside retreat will always stand alone.

The post Idaho’s Second-Most Expensive Property Comes With Unmatched Views appeared first on Real Estate News & Insights | realtor.com®.



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Should These Racy, Tacky Real Estate Pics Be Banned? Take a Look If You Dare

Kristin Gyldenedge

We’ve all heard that sex sells … but does that mean that planting scantily-clad fitness models in listing photos can actually help sell a house?

That’s what Kristin Gyldenege started wondering back in October when she was hired as the listing agent to sell a two-year-old, two-story house in Conroe, TX. Although the property itself was an “entertainer’s dream”—with three huge bedrooms, 2.5 baths, and an open-concept kitchen with granite counters and stainless steel appliances—no one was biting.

The bright blue house comes with outbuildings too.

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“We weren’t getting any traffic,” Gyldenege tells realtor.com®.

During the month of October, the listing got just 180 views, and despite multiple open houses, no one was showing up. Part of the problem was that the house was situated in an area known for flooding, which might have made potential buyers wary of wading in (although Gyldenege is quick to point out that this home has never been inundated and is situated in an elevated area that’s “high and dry.”)

By November, she decided it was time to try something more eye-catching … and what better eye candy could there be than fresh new listing pics of a young, barely clothed couple prancing around the house?

Gyldenege called a couple of fitness models she knew, and asked if they’d be willing to pose for photos. They happily agreed to do it for free.

Of course, she called her client first, explaining that these new pics would hopefully drum up more eyeballs for her listing—particularly twenty- or thirty-something couples who might identify with these young tattooed models (or at least see the humor in the whole thing).

The home seller was on board, so Gyldenege set up the shoot, grabbing her own camera to snap some pics.

fitness models real estateThe kitchen’s breakfast bar.

Kristin Gyldenege

“I shot the pictures Sunday morning and posted them Sunday afternoon,” Gyldenege recalls.

By Sunday night, the listing had been shared far and wide, and viewed over 50,000 times.

Then came a message from the Houston Association of Realtors (HAR), which manages the Multiple Listing Service for the area.

fitness model real estate listingBonus room … or makeshift massage parlor?

Kristin Gyldenedge

“HAR had received over 100 complaints about the photos,” Gyldenege says. She doesn’t know exactly who complained or what they said, although she’s got an inkling that “older real estate agents” made up the bulk of the criticism.

“I find [the reaction] interesting,” she says. “I don’t think [the photos were] that crazy! But if something this minor has gone this crazy, clearly some revitalization has to be done in our industry.”

HAR took down the listing Monday. Gyldenege was allowed to restore it later, albeit with only the original pics of empty rooms. Yet although her racy listing photos were up online for only about 24 hours, that was enough time to lead to six showings and a sizable crowd at their next open house.

fitness models real estate listingThe laundry room features a washer and a dryer … and so much more!

Kristin Gyldenege

While these photos may have raised eyebrows in the Houston area, sexy listing pics are not exactly new to the real estate game. In 2016, one risqué real estate video listing in Hollywood Hills went viral for featuring a nude, tattooed woman luxuriating in her steam shower.

And of course, plenty of real estate agents have pulled other types of listing stunts that turn heads in different ways—like with a panda suit or T. Rex costume.

fitness models real estate listingGyldenege wanted buyers to really get a gander at the home’s 2.5 bathrooms.

Kristin Gyldenedge

And Gyldenege herself is no stranger to controversy. Last year, she embarked on her own personal branding mission, slapping a sign on her car dubbing herself the “Potty Mouthed Agent” who would “sell the s*** out of your house.” Some applauded her fresh approach; others called her “tacky” and a “disgrace to the profession.” So, she was certainly not surprised when her latest listing tactic stirred up both positive and negative reviews.

But Gyldenege says that in today’s crowded real estate market, you have to take risks.

“What agents are forgetting is we are a service. We must pull out all stops and do whatever it takes to make sure our clients walk away happy,” she says. “If part of our service means putting ourselves on the line to stand out, then so be it.”

She also says that work must be done to change younger people’s perceptions of the real estate agent profession.

So while the fate of this particular listing experiment has yet to be determined, Gyldenege is happy with the results. Asked if she’d do it again, she says no, but only because this particular idea has now already been tried.

“I probably won’t do specifically this,” she says, “but I will push the envelope again!”

The post Should These Racy, Tacky Real Estate Pics Be Banned? Take a Look If You Dare appeared first on Real Estate News & Insights | realtor.com®.



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Midcentury Makeover! Anatomy of an Eichler Renovation in San Jose

The iconic midcentury modern tract homes built by Joseph Eichler in California, with their clean lines and light-filled spaces, have become sought-after real estate prizes. But as one San Jose couple discovered, while the aesthetic still feels strikingly contemporary, the middle-of-the-last-century construction may not be—and renovating an Eichler home comes with a unique set of challenges.

When Andrea and Scott Ysebert purchased their Eichler in 2016, they were overjoyed to have scored a house with the features that Andrea had eagerly been searching for: mahogany walls, an original kitchen with updated finishes, high ceilings, and walls of glass. These were signatures of the California modern style pioneered by real estate developer Joseph Eichler, a fan of Frank Lloyd Wright who built homes in the San Francisco suburbs and Southern California from 1949 to 1966.

But these homes are now 60 years old. They typically have no attic space, slab concrete foundations, and are often in need of custom fixtures to fit their nonstandard spaces.

The Yseberts’ 2,000-square foot, four-bedroom, two-bath home had gotten some relatively recent updates. Five years before they bought it, solar panels were added, the bathrooms were renovated, and new carpet was added.

But after the couple moved in, they uncovered a few issues—it turned out their midcentury beauty, built in 1957, had plenty of flaws beneath the surface. So after five months, they embarked on a major renovation project that eventually transformed their classic home into a true showpiece.

Now, about a year after the makeover was finally finished, the Canadian natives shared their experience with us.

Original exterior

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Renovated exterior

Gillian Walsworth

Assessing problem areas

Soon after the couple settled into their new home, it became clear that they’d need to make some home repairs. The couple, who both work in the tech industry, already knew they’d want to make adjustments to fit their personal style. They wanted to move the kitchen to create a more open floor plan, merge two of the bedrooms to create a large office, and switch out the relatively new carpet for hardwood flooring. 

They uncovered some unpleasant surprises right off the bat, and a few of them related to the work done in 2011.

“We discovered the fixes made were very surface-level—enough to look decent at first glance, but not done properly,” Andrea says.

On closer inspection, the carpet was worn after all the open house walkthroughs—and when they pulled it back, they discovered swarms of ants. The tile work in the bathrooms was shoddy, and the kitchen finishes weren’t much better.

They also found that the radiant heat flooring—a signature Eichler feature—wasn’t available in two rooms that had been added to the home, and the existing radiant heat coils were starting to fail in the bathrooms—“where you want it most,” says Andrea.

Oh, and the sliding glass doors no longer locked, which meant they had to stick pieces of wood in the track as an improvised security measure.

“It was super valuable living in the home for a short amount of time before renovating,” Andrea says. “You had a sense of what did work and what didn’t work.”

Going all in on renovations

The to-do list grew and grew.

“Once we dug in, we set out to deal with the ants, the windows, the radiant heating, and termite damage in the walls. And then, we just went in for a full overhaul, with the bathrooms too,” Andrea says.

They decided to keep the original mahogany wood wall paneling, but re-stain it, replacing the brown with a rich gray, the preferred palette for their renovation.

Original master bedroom with brown panels

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New master bedroom with re-stained paneling

Gillian Walsworth

As the project list expanded, the budget ballooned. However, having just sold their San Francisco home, the couple had set aside funds to manage the financial crunch. And the first-time renovators figured it would be less stressful to consolidate the improvements and get them over with.

“If you have the resources to do everything at once, do it,” Andrea says. “We poured months into our renovation, but within a year, we had the home we dreamed of.”

Eichler-specific issues

A major challenge with any Eichler home renovation is the concrete slab foundation. There’s no crawl space underneath these homes, which means any changes to plumbing, piping, or heating requires breaking the floor. In the Yseberts’ case, the concrete base also had to be opened up to add or replace radiant heating.

“Everything is in the concrete slab [foundation], so moving plumbing is much harder,” Andrea says. As for rerouting wires and electrical, “There’s no attic, so everything needs to go on the roof.”

The two made the renovation project a second job, researching the finishes, fixtures, and fixes they preferred. Once work commenced, they moved out of their home for 13 weeks.

Anatomy of the Eichler makeover

Here’s how it turned out.

Radiant heat

The company that installed the original radiant heating way back in the ’50s was enlisted to overhaul it, six decades later. The slab was opened up and new coils were laid in such a way that the home now features three heating zones that can be adjusted depending on need.

“For the rooms we’re not in very often, we just turn down the temp. It’s more efficient,” Scott says. Once the infrastructure was in place, the couple selected white oak flooring, a counterpart to the rich gray stain on the wood-paneled walls and ceiling.

Radiant heating installation

Greg Chow

The kitchen

Andrea and Scott knew immediately they’d move the kitchen so that it would look out onto the backyard. They selected Alno, a San Francisco company, to design it with a minimalist, European look. The Miele appliances are black, the Cambria counters are white, and gray laminate cupboards and glass cabinets add sleek storage.

Moving the kitchen area created more open space for the living and dining area.

Gillian Walsworth

Original kitchen

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Original kitchen and living room

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New kitchen area

Gillian Walsworth

New kitchen area

Gillian Walsworth

Bathrooms

To their surprise, Andrea and Scott found that the standard sink widths weren’t so standard in the ensuite master bath. Rather than creating a custom sink to fill the space, they moved the wall of the bathroom to fit the new sink, poured new concrete floors, and added a heated towel rack and LED lighting to the mirror. The tile in the guest bathroom was completely redone, including the floor, which is now graced with hand-screened clay tiles from New York.

Original bath

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Renovated guest bath with all-new tile and flooring

Gillian Walsworth

Office space

Two smaller bedrooms were combined to create a spacious office that fits the couple’s two oversized desks and showcase their cool collection of toys.

Original smaller bedrooms

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A wall was knocked down to create one large office space.

Gillian Walsworth

The new office has space to showcase the couple’s artist-designed toy collection.

Gillian Walsworth

Once the couple and their two cats, Dash and Poro, moved into their newly redone home, they had the home’s exterior painted dark gray to complement the stain on the walls inside. They also ran a gas line to the side yard so they could add an eye-catching fire pit out back.

Now happily ensconced in their redesigned home, they both confirmed they’d do it all again.

“The experience was both stressful and yet completely rewarding,” Andrea says. “Every time we sit back and look at our home, we feel so happy with how things came together.”

They also have sage words of advice for those considering an Eichler purchase.

“For those renovating an Eichler, have patience,” says Andrea. “But take solace in knowing that these homes are very special, and if you can work with its nuances, it will be so worth it.”

Old backyard

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New backyard

Gillian Walsworth

Former sitting area

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Renovated sitting area with fire pit

Gillian Walsworth

Original living area

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Original living room

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Renovated dining area

Gillian Walsworth

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