Tag Archives: san diego

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/

Disclaimer: for information and entertainment purposes only

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/

Disclaimer: for information and entertainment purposes only

Check Growth Size before You Plant Trees and Shrubs

Do trees add value to your property?  Depends.  What I can tell you is when I see a large, beautiful tree on someones property I look at the canopy. The rule of thumb is the canopy is half the size of the root system.  If the tree is close to the home then I start to look for the plumbing main.  Many homes have to have the main replaced because roots have grown into the main and damaged the pipes.  Roots have been known to crack foundations and grow into walls.  Before you buy a home that has many trees and plants on the property you may want to have your local plumber use a scope to check the integrity of the pipes. 

Contact the appraiser at www.scappraisalserv.com for you value questions.

Including trees and shrubs at your home to add shade and privacy is a long-term commitment. There are many important factors to consider when choosing these plants, and you must think ahead. “Fast growing” and “large” are great qualities, but here are a few things to consider with trees and shrubs:

• Choose the right size for your space. Always look at the height, width and maturity rate of the tree or shrub before you plant. Consider the proportions of your home; you don’t want a tree or shrub blocking a path or growing in areas you did not intend.

• Don’t forget about roots! Some shallow-rooted trees can cause damage to your home, walls, patios, or sidewalks.

• Camphor, jacaranda, elm, Southern magnolia, and liquidambar are great large trees to choose for wide open spaces, while purple leaf plum, orchid, crape myrtle and dwarf magnolia are perfect for smaller homes.

• Consider the seasons. Evergreen trees keep their growth year-round, while deciduous trees lose their leaves in the winter. (Deciduous are great for saving on heat costs because they allow the sun to hit your home.)

• Before you plant, be aware of how they may bloom. Fallen flowers or seed pods can track easily into the home or create a mess.

• Create extra privacy for your home with shrubs, including cape honeysuckle, Texas privet, acacia and purple hopseed that have great height and width.

• If you do not have room for shrubs or trees, consider mounting a trellis on an existing fence with white or pink bower vines for privacy.

Be sure to water your trees and shrubs regularly after planting (especially in hot weather), fertilize as directed, and consult your local nursery professional about the types of trees or shrubs that are the most insect- and disease-resistant for your area.

Thanks to Patty Cordero is a California Certified Nursery Professional and the manager of the Armstrong Garden Centers located in Mission Valley for some of the content.

Disclaimer for information and entertainment purposes only.