Category: Selling A House

Luxury Real Estate Trends to Watch in 2020 

What will 2020 bring?  These four trends are expected to impact luxury buying and selling in the new year and decade ahead. 

1. Luxury Housing Holds Steady

This year, expect “guarded optimism” to replace last year’s uncertainty over fears about a global economic slowdown, a U.S.-China trade war and a potential U.S. recession, according to Mansion Global. This is encouraging news for luxury real estate, which has traditionally been tied to global economic growth, yet is generally more insulated from market fluctuations. Many U.S. luxury housing meccas are generally stable, while some high-end hotspots like Los Angeles and Miami could be poised to rise or make a comeback in 2020. 

2. The Rise of the Mid-Sized Luxury Market 

When realtor.com released its annual list of the hottest markets last December, surprise cities like Boise, McAllen, Texas and Tucson topped the list. “The cities that we expect to do best in 2020 are not necessarily big, fancy, coastal cities, but secondary markets where the job market is still pretty good but housing is affordable,” said Danielle Hale, chief economist of realtor.com. Affluent buyers from high-cost cities want a good deal as much as anyone — so we expect to see midsized cities with stable and solid economies and more affordable housing as the top performers in 2020. 

3. Less Square Footage

“Less” is becoming “more” — even in the highest price segments. Consistent with NAHB data that found the average new single-family home size has been trending lower since 2015, realtors in some luxury markets are reporting that a growing number of affluent buyers are willing to “trade space for place.” This is especially true in the luxury condo segment, where buyers are increasingly getting flexible on square footage if a building has amenities or hospitality programs attached to it. 

4. Urbanization of the ‘Burbs, Emergence of ‘Hipsturbias’

People are moving back to the cities, it’s true — but as millennials start families another phenomenon has emerged, according to Emerging Trends in Real Estate 2020, a report released by Urban Land Institute and PwC: “hipsturbias.” Hipsturbias are suburban markets with hip or cool live/work/play environments offering walkability and/or transit access. Brooklyn is a prototype, but hipsturbia examples are beginning to crop up across the U.S. — from New Jersey communities such as Hoboken, Maplewood, and Summit, to New York’s Yonkers and New Rochelle, to Evanston, Illinois and further out west — Santa Clara, California, and Tempe, Arizona. 

Which trend do you see impacting your community?

The post Luxury Real Estate Trends to Watch in 2020  first appeared on Century 21®.

Source: century21.com

This Dream Getaway Home is Part of a $220 Million Aspen Ranch

If you’re a fan of the mountain farmhouse aesthetic, you’re in for a treat. Nestled into a hillside just minutes away from Aspen core sits the Mount Daly House, one of the eight modern ranch retreats at the 800-acre Aspen Valley Ranch.

The massive Colorado ranch — owned by oil and gas executive Charif Souki — was initially listed back in May 2020 for $220 million, which propelled it to the top of the list of most expensive residential properties for sale in the U.S.

Since then, marketing efforts for the property, led by Souki’s son, Chris Souki, along with Carrie Wells (both with Coldwell Banker) have shifted, with the massive ranch being divided into more manageable assets. One of which is the biggest home on the ranch, Mount Daly, which has been listed alongside a future homesite (so far simply titled Lot 9), which has a 13,000-square-foot proposed floorplan that would outshine all the other existing homesteads on the property.

Inside Mount Daly, a luxury ranch home in Aspen, Colorado.
Inside Mount Daly, a luxury ranch home in Aspen, Colorado. Image credit: Coldwell Banker Mason Morse Real Estate

The asking price for the two properties — Mount Daly and Lot 9, the future homesite of a 6-bed, 9-bath dream ranch home with a generous 13,000-square-foot floorplan — is a whopping $30 million, but that’s not above the mark for properties in the area, especially considering that the lots total 82 acres (in what’s undoubtedly a phenomenal location).

Mount Daly house has 5,373 square feet and comes with 4 bedrooms, 4.5 baths, and a barn. Designed by Michael Fuller, the residence beams with mountain farmhouse aesthetic, with its interiors paying homage to western culture and history, boasting reclaimed beams, barn wood, stone features, and other traditional ranch-style elements.

kitchen-luxury-mountain-retreat-in-aspen
Inside Mount Daly, a luxury ranch home in Aspen, Colorado. Image credit: Coldwell Banker Mason Morse Real Estate
wooden bedroom of a luxury home in aspen
Inside Mount Daly, a luxury ranch home in Aspen, Colorado. Image credit: Coldwell Banker Mason Morse Real Estate
bathroom of a luxury ranch in aspen, colorado
Inside Mount Daly, a luxury ranch home in Aspen, Colorado. Image credit: Coldwell Banker Mason Morse Real Estate

Best of all, the home rests on the valley floor at the confluence of two mountains, offering some of the best Elk Mountain range views. The massive windows carefully placed throughout the home make the most of these views, and invite calm and relaxation.

picture perfect views of the mountains from inside the aspen ranch
Inside Mount Daly, a luxury ranch home in Aspen, Colorado. Image credit: Coldwell Banker Mason Morse Real Estate
outdoor entertaining area of a luxury aspen ranch in colorado
Outdoor entertaining area at Mount Daly, a luxury ranch home in Aspen, Colorado. Image credit: Coldwell Banker Mason Morse Real Estate

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The post This Dream Getaway Home is Part of a $220 Million Aspen Ranch appeared first on Fancy Pants Homes.

Source: fancypantshomes.com

This Stunning Modern House Was Built With Fire Safety in Mind

The record-breaking 2020 fire season has seen huge wildfires tear across California. In fact, five of the six largest fires ever recorded in the state have occurred this year, endangering residents, prompting evacuations and leading to thousands of lost buildings.

Unfortunately, researchers are forecasting even longer, more extreme wildfire seasons in the years to come — which means fire safety is now fast becoming a feature more treasured than even the most extravagant of amenities. And home builders are starting to cater to that need, coming up with ingenious ways to ‘fire-proof’ their projects.

One stunning example of that is this newly-built $5 million home in Marin County, Calif. that prioritizes fire safety — something that’s likely to become a new standard for million dollar homes throughout the Golden State.

Newly-built home in Marin County, CA focuses on fire safety
Newly-built home in Marin County, CA. Image credit: Thomas Henthorne

The builder picked all of the outdoor finishes with fire safety in mind, using only steel, glass and concrete. Even the decks are made from Fibergrate (a type of molded fire-resistant fiberglass and stone).

In fact, the only wood you’ll find in this home is the wide-plank engineered oak floors. As expected, there is also a fire suppression system throughout the home.

Newly-built home in Marin County, CA focuses on fire safety
Newly-built home in Marin County, CA. Image credit: Thomas Henthorne

Yet fire safety is not the only area in which this home excels. With its dramatic walls of glass, soaring steel beamed ceilings, and high-end designer finishes, the property is a stunning example of modern 21st century architecture.

Set in the coveted Country Club neighborhood of San Rafael — roughly 11 miles north of San Francisco — the house boasts a modern industrial design, with its walls of glass opening up the indoor areas to the outdoor greenery and flooding the home with sunlight and captivating views. The space is anchored by a stunning ultra-modern kitchen and features wide-plank oak flooring and a modern fireplace.

The house boasts a modern industrial design with soaring steel beamed ceilings.
The house boasts a modern industrial design with soaring steel beamed ceilings. Image credit: Thomas Henthorne
Walls of glass open up to beautiful nature views and flood the home with light
Walls of glass open up to beautiful nature views and flood the home with light. Image credit: Thomas Henthorne
dining room of an ultra-modern house in california
Walls of glass open up to beautiful nature views and flood the home with light. Image credit: Thomas Henthorne

The fire-resistant home comes with 4 bedrooms, 3.5 bathrooms, and quite a few ultra-modern features. It has its own solar system (powered by 28 solar panels) and battery back up systems for when the power is out, and has been outfitted with smart home technology like a Doorbird Entry System, Nest thermostats, smart lighting, automatic blinds and more.

Adding to that wow factor is a dramatic, Instagram-worthy foyer at the entrance, which has ‘living walls’ of exotic plants on both sides. Same goes for the outdoor pool, which comes with a built-in spa, automatic safety cover and gas heater.

living wall in the foyer of a luxury home
Dramatic entrance has walls of greenery on both sides. Image credit: Thomas Henthorne
The fire-resistant house features plenty spaces to entertain guests
The fire-resistant house features plenty spaces to entertain guests. Image credit: Thomas Henthorne
modern bedroom with glass walls overlooking the pool
Walls of glass open up to beautiful nature views and flood the home with light. Image credit: Thomas Henthorne
Newly-built home in Marin County, CA
Newly-built home in Marin County, CA. Image credit: Thomas Henthorne

The home is currently on the market with a $4,995,000 price tag. Thomas Henthorne with Golden Gate Sotheby’s International Realty is exclusively representing the property.

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The post This Stunning Modern House Was Built With Fire Safety in Mind appeared first on Fancy Pants Homes.

Source: fancypantshomes.com

Here’s Why a Womb Chair is the Perfect Addition to Your Interiors

Regardless of the direction you plan on taking with your overall home design, the color scheme, furniture and accents will all play a major role in creating that spotless look you’re going for. One element that can help you bring everything together is a carefully picked accent chair — which is one of the quickest ways to create a focal point. A beautiful piece of furniture will draw your eye as soon as you walk into the room or complement the space in a way that highlights the rest of its features. And when it comes to nice chairs, both modern and traditional styles offer

Source: fancypantshomes.com

8 Money-Saving Tips for Improving Your Bathroom’s Design

I don’t know about you, but for me, a bathroom goes well beyond its practical uses; within the past years, I’ve come to think about it as a sanctuary of sorts, that room of the house that’s dedicated to pampering, relaxing, and deconnecting — a place where I can enjoy some alone time and use that alone time to take care of my skin, hair, body, and mind.

And just like any other space in my house, the more beautiful my bathroom is, the more I can enjoy the time I spend in it. But re-designing a bathroom or remodeling it altogether is quite an investment. That’s why today we’re going to look at a few handy ways in which we can improve our bathroom’s design without having to spend a ton of money in the process. Here are some tips to help you maximize your bathroom’s function and style while saving money — both on the short and long run:

#1 Choose décor materials wisely

When designing your bathroom, one of the most important things to take into consideration is choosing the right materials. And I’m not talking about the tile (which we all know ceramic is the way to go); but rather furniture and appliances. Since this space is expected to be exposed to water, humidity, and moisture, it’s best to use waterproof materials for all furniture, décor items, and appliances.

For example, solid wood or plywood may not be a good choice for furniture, as it will likely warp and crack (and it can even lead to mold). Instead, a way better — and longer-lasting — choice would be PVC, which is extremely durable, completely waterproof and offers a great look and feel as well for bathroom cabinets. When buying blinds for your bathroom windows, choose waterproof blinds because they are stain and mold resistant, as well as fade-free. When picking appliances, make sure to avoid any metal that might rust, and preferably stay away from plastic; some of your best choices are brass, stainless steel, and zinc (or zinc alloys), as they stand the test of time and add a note of style to your bathroom.

Overall, focus on materials that can withstand humidity and water. This way, you don’t have to spend money replacing them and you can rest assured that your bathroom will maintain its clean and brand-new look over the years.

#2 Widen and brighten your space with mirrors

Instead of adding a skylight or a new window to brighten a rather gloomy bathroom (which would call for a pricy renovation), consider using a large mirror, re-painting your walls in a light color, or adding extra light fixtures. These can all help create the illusion of space, making your bathroom look wider and brighter. Obviously, this technique is much more affordable than having to install an additional window to your bathroom space and you’d be surprised at how much of a difference adding a large mirror can make.

If you feel like you don’t have the space to add an additional mirror to your bathroom, consider replacing the mirror above your vanity with a far larger one. Bonus tip: choosing an unusual shape or a unique frame for the vanity mirror (like the one in the image below) can give an impressive look to your bathroom, and act as the centerpiece of the room.

bathroom vanity with large, unique mirror

#3 Update by regrouting

If you’re looking to update your bathroom quickly and on a tight budget, consider replacing the existing tile grout. Regrouting is a two-step manual process by which you first remove the hardened old grout from the seams, or joints, between the tiles in your bathroom, then apply fresh new grout to make it seem like you have just installed your tiles (here’s a full walkthrough of the process). You’d be surprised how big of a difference this fairly simple update can make — especially since tiles rarely show signs of wear and tear, but the grout’s initial color fades away, and often gives a sense that it’s dirty, discolored and old.

This idea works best if the tiles in your space are still in great shape, that is, they don’t have cracks or missing pieces. Although it may take a bit of work, it’s surely faster and cheaper than a major bathroom overhaul. Fresh grout will make the tiled area look brand new, and you can even apply a new grout color to make a more dramatic change to your bathroom. 

pink bathroom tiles

#4 Get creative with designer tiles

Now, if you’re looking to add a splash of sophistication to your shower or bathroom tiles, but don’t have the budget to splurge on designer tiles, there’s a super easy trick you can turn to: use regular, budget friendly tiles across the walls of your bathroom, then add a pop of design and color in a small area using more expensive designer tiles. 

Or, you can keep it simple and use classic tiles, but arrange them in an unusual pattern or install them at an angle to create an eye-catching effect. If you’re looking for the maximum effect, create an accent wall (preferably right where either the shower or bathroom vanity go, to highlight that space), like the one pictured below. It won’t cost as much as replacing all of your bathroom tiles, but will definitely give your space a great, updated look.

bathroom shower tiles

#5 Try to avoid current trends

We all like to think that we’re aligned with the latest trends and fads. But the truth of the matter is, the best way to waste money is to follow fads that in a couple of years will seem so outdated that you’ll feel the need to renovate your bathroom all over again. You can make your design last way longer if you’ll use natural finishes and neutral colors.

Classics also tend to be considerably less expensive than their trending counterparts, and they’re much more likely to stand the test of time. See below for a marble-themed bathroom that was all the rage a few years back, but that seems a little out of place in the more minimalist-inclined era that we live in today.

marble bathroom with gold fixtures

#6 Use traditional finishes

This goes hand in hand with our last point: using fancy fixtures and embellishments on your faucets and cabinet hardware may seem like a good way to add some personality, but they can turn out to be rather costly without having the desired effect over the years. These kinds of fixtures are pricier than standard ones and their unusual colors, trimmings, and shapes can be more difficult to match with the rest of the décor — and limit any improvements you might decide to make in the near future.

Because of this, you may be forced to buy new coordinating pieces, too. However, if you’ll stick with traditional finishes, it will be simpler for you to create a cohesive look while still sticking to your budget. 

bathroom sink and fixtures

#7 Re-use old furniture to create a unique look

If you have an old desk, table, dresser, or TV stand, consider using it in your bathroom (provided it can withstand humidity and isn’t easily prone to water damage, as we’ve stated above). Repurposing old furniture will give you a chance to show your personality while adding much-needed bathroom storage. Consider doing this as a DIY project, which can help you save money while also being earth-friendly. 

Not sure how to fit old furniture with your bathroom décor? Repurposing doesn’t mean using the piece of furniture in the same way it was intended by its makers; so you can get as creative as you want, by say turning an old desk into a vanity, parts of a table into shelves, an old painting frame into a mirror frame, you name it. See below for a great example of how this stunning bathroom with matching his and hers vanities uses old crates to frame the bathtub.

elegant bathroom with matching his and hers vanities

#8 Refinish rather than replace

Replacing bathroom elements will usually require removing or replacing plumbing fixtures, which comes with additional costs. It can also involve construction changes, demolition work, and new installation. Before deciding on replacing any of these fixtures, determine if they really need replacement. If you’re replacing them for aesthetic reasons, you might have the option to refinish them instead of replacing them altogether. 

For example, you can refinish your old tub with a nice-looking, protective coating instead of completely replacing it. You can also paint your cabinet anew instead of purchasing a new one — and you can even get creative with the color you use. Check out this elegant bathroom below, whose owners chose to refinish the bathtub and paint it in a slight pinkish hue. Isn’t it just lovely?

pink bathtub in elegant bathroom

Final thoughts

The bathroom is one part of the house that needs some upgrading every now and then, and said upgrades can turn out to be quite expensive. However, with some rather small, but well-thought changes, you can spruce up your bathroom design without spending a pretty penny. And if our suggestions are not to your liking, there’s tons of helpful resources out there that can give you some great ideas to get you started.

More interior design tips

Here’s Everything You Need to Set Up a Meditation Corner in Your House
How to Turn Your Kitchen Into Every Coffee Lover’s Dream
Design Trends that Add Extra Flair to Your Fancy Home
How to Add a Touch of Luxury to Your Home without a Costly Renovation

The post 8 Money-Saving Tips for Improving Your Bathroom’s Design appeared first on Fancy Pants Homes.

Source: fancypantshomes.com