Luxury Wine – Refoksa http://refoksa.com/ Sat, 15 Jan 2022 16:59:31 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://refoksa.com/wp-content/uploads/2021/06/icon-115x115.png Luxury Wine – Refoksa http://refoksa.com/ 32 32 Paso Robles real estate sees strongest sellers’ market since post-WWII https://refoksa.com/paso-robles-real-estate-sees-strongest-sellers-market-since-post-wwii/ Sat, 15 Jan 2022 16:59:31 +0000 https://refoksa.com/paso-robles-real-estate-sees-strongest-sellers-market-since-post-wwii/

Local real estate agents Pete Dakin and Fred-Bruen

Sale prices higher than ever in North County

–This report is a look back at North County real estate in 2021 and provides a window into the first quarter of 2022. Diving deeper into 2022 is a bit problematic with the myriad of economic, political and health issues facing us. face in today’s world. .

Buyers are actively looking for property in North County today. The pool of buyers may be shallower than a year ago, but buyer demand is strong today. This buyer demand for the product covers all non-commercial properties including homes, land, ranches and vineyards. With low interest rates and historically low inventory levels, there remains an optimal seller’s market.

Simply put, this is the strongest seller’s market since post-WWII. Selling prices are higher than ever in North County.

The total number of homes sold in 2021, 1,683 units, represents a 7% increase from 2020.

However, the number of sales in the fourth quarter of 2021 fell by 73 units, compared to the fourth quarter of 2020. Listings for sale fell in the fourth quarter to the point that there were only 10 homes available for sale at Paso Robles near year- end.

The median selling price jumped to $629,000 year over year, with the fourth quarter median price hitting $660,000. We do not expect prices to drop in the coming months.

In our office, we see many more people who are considering selling their homes. These sellers should succeed and achieve high prices.

As interest rates rise, more sellers are likely to venture into the market to take advantage of high prices. Inflation seems to explode in the first quarter, which could alter buyer demand. Some buyers may want to secure excellent inflation coverage while other buyers may back out due to increased expenses. Add in COVID and it’s a bit of a dice roll after the first trimester.

Rental rates are expected to increase by 7%, reflecting the lack of new construction and homes available for sale. The residential single-family home becomes a luxury item.

Adding to the confusion is the continuation of the great redesign migration that began with COVID in 2020. In the face of the pandemic, people began to operate with a sense of urgency. Many people are retiring earlier and moving to more affordable neighborhoods. Remote work has expanded housing options. The political divide has prompted more people to seek to live with other like-minded people. An increase in crime and gradual education reform spurred more population movement.

Fruit prices are high and demand for wine and vineyard properties is strong. Farm properties tend to dance to their own music and are much more stable than house prices. Low interest rates and planting restrictions provided a solid foundation for wine grape properties.

Operating costs are increasing and labor is still an issue. The reputation of our region for its quality wines and fruits continues to grow.

You could say that North County is an optimal place to own real estate in California. Our two main food markets are the Bay Area and Southern California.

These areas are still much more expensive and less pleasant to live in on a day-to-day basis than North County. North County residents generally migrate out of state. These sellers are replaced by urban refugees who buy cheaper and more pleasant houses and a way of life.

–By Pete Dakin and Fred Bruen
RE/MAX Parkside Real Estate

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4 costly renovation mistakes to avoid https://refoksa.com/4-costly-renovation-mistakes-to-avoid/ Thu, 13 Jan 2022 20:05:12 +0000 https://refoksa.com/4-costly-renovation-mistakes-to-avoid/

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You’ve saved some money and you’re ready to start a home improvement project. Whether the updates are to get your home ready for the market or just for your own enjoyment, you want to be smart about this investment.

Get Started: 8 Affordable Ways to Upgrade Your Master Bedroom
More Rooms: 8 Affordable Ways to Upgrade Your Kitchen

As a savvy homeowner, you know that not all home renovations provide equal returns. So you want to choose a project that will increase the value of your property. Here’s a rundown of four costly home improvement mistakes you don’t want to make, along with budget-friendly alternatives that are definitely worth your money.

Niche Updates


Your home is your image, so you might be tempted to embark on a bespoke renovation that reflects your interests. However, Isabelle Emond, real estate broker and owner of RE/MAX Ocean Surf and Sun, based in Guanacaste, Costa Rica, recommended against making excessive upgrades specifically tailored to your preferences.

“Converting an extra room into a knitting room, turning the garage into a games room or installing wine cellars can make it difficult to find buyers, because not everyone will share
your interests,” she said. “You should avoid these deluxe rooms as most buyers would rather have the extra space as a blank slate, rather than [have to] modify it according to their tastes, if they decide to buy your property.

Options: How to Maximize Space in a Small Bedroom: 7 Affordable Solutions

For reference, the average cost to build a wine cellar is $40,000, while converting a garage to living space costs around $14,419, according to HomeAdvisor.

Instead of: If you have the funds and are committing to a major project, consider converting your basement into living space. This is more universally appealing as many buyers want to use the garage for its intended purpose.

Converting your basement into living space costs about $46,900 and you can expect to recoup 64% of the costs, according to the 2019 Remodeling Impact Report, published by the National Association of the Remodeling Industry and the National Association of Realtors® .

If your budget isn’t that big, but you still want to take on a big project, consider adding a new roof. It’ll cost an average of $7,500 and you’ll likely recoup 107% of the cost, according to the Remodeling Impact Report.

See: 5 affordable ways to transform every room in your home

High-end kitchen renovation

A kitchen is the heart of the home, so you might think no monetary value is too high to invest in it, but Emond says that’s not the case.

“Avoid redesigning the kitchen with the latest smart appliances with overly fancy features that a buyer wouldn’t appreciate,” she said. “Renovating too much to the point of not recovering your initial investment is a bad choice.”

While innovative devices can be fun for you in the short term, Emond said it’s best to focus on upgrades that appeal to the masses.

“Instead of rebuilding a kitchen to be super smart, redo the cabinets, change the backsplash and repaint the walls, because those features are easier and cheaper for the buyer to change.”

You’ll also save a lot of money by opting for a high-end kitchen renovation, as the average cost for this type of project is $149,079 – with 53.9% of costs recouped – according to the magazine’s Cost vs Value report. Remodeling 2021.

Instead of: Transforming your mid-priced kitchen remodel offers some serious savings. If you’re looking for a total overhaul, a major mid-range kitchen renovation costs an average of $75,571 – with a return on investment of 57.4% – while a minor kitchen renovation costs around $26,214, with 72 .2% of costs recovered, according to Remodeling magazine.

Find: 26 home improvement ideas that each cost less than $500

waterfall counters

Speaking of kitchen upgrades, if you’re considering jumping on the popular waterfall countertop trend, Martha McNamara, product design and curation manager at Vevano Home, a company that provides kitchen design services virtual interiors and specializes in major home renovations, advised against it. .

“While they’re a nice statement piece, it often doubles the price of your countertop,” she said.

Expect to spend $40 to $100+ per square foot of stone slabs for a waterfall countertop and up to $100 per square foot for installation, according to Caesarstone. While the site notes that these costs are comparable to what you would pay with a conventional countertop, it is these manufacturing costs of up to $2000 and resealing costs of $200-1200 – required up to two times a year with granite – which really drives up the price.

Instead of: If you’re in doubt about that waterfall countertop, McNamara suggested finished cabinet panels that extend the depth of the overhang as a great alternative. She said this option is also more versatile and can work with more traditional styles, whereas the waterfall countertop is hard to pair with anything other than a modern look.

Overall, expect to spend an average of $3,068 to install a countertop, including materials and labor, according to HomeAdvisor.

Start now: 20 insider tips for saving money on every part of your home

Home gyms

At the start of the pandemic, home gyms were all the rage, but Ben Fisher, a luxury real estate agent with the Fisher Group in Salt Lake City, Utah, said that trend had gone out of fashion.

“If you really want to do some serious exercise at home, you can just buy a treadmill for running and a few other materials like a dumbbell, jump rope and the like,” he said.

The average cost to build a home gym is $2,000, according to HomeAdvisor. Luckily, there’s no shortage of better home improvement options for your money.

Instead of: It’s not the most exciting upgrade, but an insulation upgrade costs around $2,400 and you’ll recoup around 83% of the cost, according to the Remodeling Impact Report.

More from GOBankingRates

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Living New for 2022: Housing Available in DFW https://refoksa.com/living-new-for-2022-housing-available-in-dfw/ Sun, 09 Jan 2022 12:00:47 +0000 https://refoksa.com/living-new-for-2022-housing-available-in-dfw/

While house price increases are expected to slow – slightly – in 2022, the Dallas-Fort Worth real estate market will look a lot like last year. With millions of millennials entering the home buying market, experts predict that many potential buyers will join the pursuit of a new home.

Plus, rising mortgage interest rates shouldn’t deter buyers from chasing their dream.

Sellers who have benefited from a low inventory of homes for sale and strong demand in 2021 will continue to dominate the market. But inventories could rise as new home construction sets an all-time high and sellers become more confident that they can find a home when theirs sells.

To navigate this complex real estate market, buyers and sellers must turn to a proven brokerage firm like Allie Beth Allman & Associates, whose expert agents lead the sale of high-end homes and properties year after year.

The following four houses are available in the DFW neighborhoods, but they are just the tip of the iceberg. Contact an Allman agent for private offers, which are advertised weekly.

Although the Prairie style home at 3900 Bowser Ave. was built in 1914, it has been restored and updated by the current owners. Brought to you by Debbie Ingram, the three-bedroom Oak Lawn home features hardwood floors, high ceilings and a fireplace. The renovation extends outside, with a covered bar and entertainment area next to the saltwater pool.

Located on over an acre, the Tuscan-inspired four-bedroom estate at 5335 Meaders Lane in Preston Hollow is marketed by Kyle Crews and Terri Cox. The architectural detail includes an Italian tiled roof.

The house is equipped with state-of-the-art systems, including geothermal heating and air conditioning. A flexible floor plan allows for up to seven bedrooms.

In the Vaquero community in Westlake, a new listing features a Napa-inspired design. Listed by Dona Robinson, the four-bedroom home at 1122 Post Oak Place is ideal for entertaining, with its 1,500-bottle wine cellar, bright, open rooms, and indoor-outdoor living room. Savor the Old World feel with reclaimed wood doors, beams and trusses.

The five-bedroom penthouse at the W Residence tower in Victory Park has 11,000 square feet of living space surrounded by views of the city’s landmarks. Donated by Allie Beth Allman, the home located at 2430 Victory Park Lane, Unit 3001, offers twice the possibilities of living in luxury, with two living rooms, two dining rooms and two offices.

Luxury leader Allie Beth Allman & Associates sells more homes at $ 2 million and more than any other brokerage, according to statistics from the Multiple Listing Service, and is a leader in selling homes in the Park Cities. To connect with an expert in luxury real estate, visit alliebeth.com.

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CSIRO mom Adele Fiene who loved to ‘make wine and dine’ gave up three dress sizes in less than six months after changing her lifestyle https://refoksa.com/csiro-mom-adele-fiene-who-loved-to-make-wine-and-dine-gave-up-three-dress-sizes-in-less-than-six-months-after-changing-her-lifestyle/ Fri, 07 Jan 2022 23:27:32 +0000 https://refoksa.com/csiro-mom-adele-fiene-who-loved-to-make-wine-and-dine-gave-up-three-dress-sizes-in-less-than-six-months-after-changing-her-lifestyle/

A bank executive lost three dress sizes in less than six months after making her lifestyle changes.

Adele Fiene, from Wollongong, NSW, loved to ‘wine and dine’ in her twenties – but due to an equally active athletic life, weight was never an issue for her.

Watch the video above to see a personal trainer share their routine

But after first becoming a mom at age 30, the weight started to add up after she was no longer able to exercise due to an injury.

Take-out became his lunch options, and dinners included large portions of pasta or stir-fries – with processed carbs, whole cheeses and sauces, plus a few glasses of wine.

Adele Fiene Ditched Three Dress Sizes In Less Than Six Months After Shifting Her Lifestyle Credit: Adele Fien

“Once I hit 30, the weight gain became a problem for me,” said Adele, now 39. 7Life.

After struggling to adjust to her new work uniform, the mum-of-three – who weighed 86.6 kilograms and wore size 16 clothes – knew she had to overcome her poor eating habits to be healthy.

In just 22 weeks, she’s slimmed down to a size 10 after losing 20 pounds.