Summer Fridays: Urban Yards and Terraces

Living in a big city doesn’t mean you don’t have great outdoor spaces. Take a look at some of our favorite urban backyard and terraces on coldwellbanker.com tailor-made for summer entertaining.

How alive the city is, how alive, how alive, how alive.”

– Alfred Kazin

Contrary to popular belief, there is no better time of year to be in a big city than during summer.  Sure, the subway stations feel like they’re 123 degrees, but apart from sweltering train commutes, the city is a magical place during this time of year.

In a big city anything can happen, especially during summer – and only in the best ways. A trip to the farmer’s market can lead to day long expeditions to unexplored neighborhoods in town, and a cup of coffee with friends can lead to great conversations with strangers at a rooftop party later in the day. The great weather and relative calm that comes with a less congested city make summer a time for coming together, meeting new people and discovering new reasons to fall in love with your city and your home.

While we may not have sprawling residences or acres of backyard space, we do in fact have outdoor areas tailor-made for entertaining come summertime. Our yards are our little havens from busy city life, and our terraces are where we sit and admire the ingenuity of man.

In honor of summer in the city, our latest “Summer Fridays” post pays homage to a few of our favorite urban yard and terraces from homes listed for sale on coldwellbanker.com. Let’s take a look!

$12,500,000 – Seattle, WA

This urban refuge offers up sweeping views of Puget Sound, Mt. Rainier, The Olympic Mountains and downtown Seattle! Featuring not just one but two outdoor terraces, this home gives you plenty of space to enjoy beautiful Summer nights with good company.

$3,499,000 – Hoboken, NJ

Sometimes the best views of New York City come from just outside New York City. This meticulously renovated brownstone on the Hudson River features a sprawling terrace that offer up some of the best Manhattan skyline views you’ll find anywhere!

$1,980,000 – Chicago, IL

This home really does have it all. You’re located in the heart of Chicago, but it also feels like you’re tucked away on your own little private island. It doesn’t get more zen and restful than this sprawling rooftop terrace with ample spaces for relaxing and enjoying that great Chicago summer weather.

$12,000,000 – Chicago, IL

This penthouse residence at the Park Hyatt has the tallest balcony in the prized building, offering you unobstructed water and glitzy downtown Chicago views.

$6,700,000 – Miami, FL

Miami!! The city where you can at once feel like you’re living in a city and right on one of the finest beaches in the world at the very same time! This beautiful home offers up stunning waterfront views and even a pool out on the terrace..because it is Miami.

 

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Join us next Friday for another installment of our “Summer Fridays” series.

Source: Coldwell Banker Blue Matter Blog

Posted on August 4, 2017 at 8:57 am
Kappel Gateway Realty | Category: backyard, BBQ, community, curb appeal, decorating, Fixer Uppers, Homeowners, interior decorating, Location, maximizing space, neighborhood, outdoors, Privacy, projects, real estate, remodeling, staging, Uncategorized, views | Tagged , , , , , , , , , , ,

Installing a Pool? The Ultimate Homeowner’s Checklist

 

With spring upon us and typically hotter summer weather right around the corner, many homeowners wonder whether or not this year is the year to go ahead with a decision on installing a pool. This checklist is a really good resource for review before any home in-ground pool installations.

The decision to install an in-ground pool should never be taken lightly. Take the time to review this checklist before calling up the nearest pool installer.

While this iconic amenity adds a level of beauty and recreation to the property, it also imparts significant real estate considerations. Without careful forethought and planning, unexpected roadblocks may put the pool to a grinding halt. Take the time to review this checklist before calling up the nearest pool installer.

Local Laws, Permits, and Municipal Codes

Check with the local jurisdiction to find out what is required. The pool contractor should be well-versed in the codes, permits, and fees necessary to begin. However, the responsibility lies with the homeowner. Some areas have restrictions on size and type of pool, setback, and safety features.

Homeowner’s Association Restrictions

Some homeowner’s associations may forbid the installation of pools altogether, while others have specific restrictions. They may prohibit excessively large pools or require additional safety measures not required by the city. Consult with them prior to investing in a pool or they may put a stop to it.

Utility Easements

Known easement issues should be dealt with prior to installing a pool. Utility service easements and other access issues can make the prime location of the pool far less inviting. Natural obstructions such as sinkholes, rocky terrain, and trees can increase the difficulty further.

Space Requirements

A pool will also take up more area than most people are expecting. Account for plenty of excess space for ease of movement, garden area, and play areas for children. Have a contractor assist in plotting out the available space, and making note of any questionable areas.

Property Taxes Versus Property Value

Typically, expect a new pool installation to qualify as new construction on the property. This will subject it to higher property taxes, which will vary based on locale. However, the amount of the investment is not often reflected by an equivalent increase in property values. Consider a new pool an indulgence rather than an investment.

04.18.17 Home Improvement - Considering Installing a Pool body

Climate and Neighborhood

Warmer climates are perfect locations for pools; so much so that they are essential property features, not luxuries. Even homes close to coastal regions still require pools, to maintain the health of the real estate market and to sell quickly. Homes in colder climates are more likely to add a pool as a novelty, only available for use in the warmer spring and summer months. Likewise, take a look at the other homes in the neighborhood, for indications on how desirable a pool is, and what styles are preferred in this market.

Patio, Landscaping, and Amenities

Consider how the in-ground pool fits in with current and future outdoor amenities. A patio is a natural pairing, but proper landscaping will prevent the pool from looking staggeringly out of place. Lighting, fire pits, and cooking areas can all be incorporated into a comprehensive outdoor entertainment area, increasing property values and market desirability.

Financing with Home Equity, Second Mortgage, or Unsecured Loan

Choosing the right financing should be done prior to putting a deposit down with a pool contractor. A qualified lender can explain the available options and assist in deciding what is best at the time. Many people turn to home equity loans immediately, but they are not always available on a newer home purchase or during a slow market. A second mortgage is another popular choice, but may not be a sound investment if a quick sale is expected. Unsecured loans are less popular, but are good when a large deposit is already available.

Resale Value and Attractiveness to the Market

A new pool is no guarantee of increased property values. In unfavorable markets, some buyers may not desire an in-ground pool at all, and it may end up buried in the future. Proper research will indicate what kind of market the property is located in. Often, a pool remains a luxury investment that is not easily recouped in the future.

The decision to install a pool is complex, but need not be overwhelming. By covering these areas prior to beginning, it will be easy to determine if a pool will be a reality or a pipe dream.

Look for homes with pools for sale in your area by visiting www.kappelgateway.com.

Now that you know the skinny on home in-ground pool installations….happy swimming!!

 

Source: CB Blue Matter / Sharon Lee

 

 

Posted on April 28, 2017 at 4:38 pm
Kappel Gateway Realty | Category: construction, curb appeal, Homeowners, maintenance, Pools, real estate, Uncategorized | Tagged , , , , , , , , , , ,