Tag Archives: real estate appraisal

Open Air Homes

There’s a good reason your life coach tells you to “bring down your walls.” It opens your mind, gives more breathing room and helps create a feeling of continuity. The same applies for architecture. Homeowners opting for fewer walls, floor-to-ceiling glass surfaces and wide-open spaces can bring in more light, make small areas look expansive and meld the living room with the backyard.

If you have a custom home contact the appraisers at http://www.scappraisalserv.com for your value questions.

More home buyers are striving to capture better views and “more of an indoor-outdoor relationship” with their homes and the environment, according to Utah-based architect Clive Bridgwater. Take, for example, the award-winning 9,000-square-foot abode Bridgwater designed with dramatic views of the snow-capped Wasatch Mountains.

Read and see more at: http://homes.yahoo.com/news/incredible-open-air-homes.html

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Green Buildings Outperformed in Vacancy, Rental Rates

Green” is better when it comes to lower vacancy rates and higher rents, according to the CBRE brokerage in San Diego.

CBRE looked at buildings with LEED certification or Energy Star ratings. LEED stands for Leadership in Energy and Environmental Design, a ratings program by the U.S. Green Building Council. Energy Star is a rating system by the U.S. Energy Department.

As of June 30, green buildings overall were 11.7 percent vacant compared with 15.7 percent of nongreen buildings.

The lease rates on average were $2.42 per square foot per month, compared with $2.04 for nongreen.

“Green buildings continue to outperform non-green buildings in the San Diego market,” CBRE said in its recently released MarketView quarterly report.

The gap is less for Class A and B buildings, those that charge the most rent and offer the best locations and amenities. Nongreen buildings in this category charge an average $2.24 per square foot. Virtually all green buildings are Class A or B, said CBRE Research Manager M. Lawrence Kopp

Read more at: http://www.utsandiego.com/news/2012/sep/05/green-buildings-outperform-vacancy-rental-rates/

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Drought Causing Cracks in Homes in U.S.

ST. LOUIS — Carol DeVaughan assumed her suburban St. Louis home was simply settling when cracks appeared in the walls. When she noticed huge gaps between her fireplace and ceiling, and that her family room was starting to tilt, she knew she had bigger problems.

Like thousands of other Americans getting stuck with huge repair bills, DeVaughan learned that the intense drought baking much of the country’s lawns, fields and forests this summer has also been sucking the moisture from underground, causing shifting that can lead to cracked basements and foundations, as well as damage above ground. Repairs often cost tens of thousands of dollars and can even top $100,000, and they are rarely covered by insurance, as shocked homeowners have been discovering.

DeVaughan, a retired Presbyterian minister, said she expects it will cost more than $25,000 to fix the split-level home in Manchester, Mo., where she’s lived for 27 years.

“I had retired,” said DeVaughan, 70, who has stayed busy filling in at the pulpit for vacationing pastors. “I guess I’ll keep working.”

Home repair businesses, especially those specializing in repairs to basements and foundations, can barely keep up with demand. Drought-related home damage is reported in 40 of the 48 contiguous states, and experts say damage to homes could exceed $1 billion.

read more at: http://www.thesandiegouniontribune.com/news/2012/sep/02/tp-drought-causing-cracks-or-worse-at-homes-in-us/

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