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Jenna Christensen

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Deciding to renovate before listing your home can be a challenge. It’s tough to know what will or will not return results. Here is a list of things will NOT increase the value of your home. 

1) Extensive Professional Landscaping

You can build an entire amusement park in your back yard and it won't bring you big bucks upon resale. If you want to put in a waterfall, coupled with a flowing river dumping into a Koi pond, for example, do it because you enjoy the water feature, not because you're hoping to recoup the investment. Landscaping choices are a personal preference, and all the hand-crafted bridges and unique pergolas in the world won't dramatically boost your bottom line.

2) New Roof, Gutters, Sprinklers or HVAC

There are certainly buyers in the

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E&V News 

Luxury Agent Spotlight: Tere Foster 
Inman
The Luxury Referral Network—presented by Engel & Völkers—helps you connect with the right person, at the right time, and in the right place. This is the third in a series of select Luxury Referral Network agent spotlights.

Americas 

New Home Mortgage Applications in U.S. Jump 7 Percent in March 
World Property Journal
Based on the Mortgage Bankers Association's newly released Builder Application Survey for March 2019, U.S. mortgage applications for new home purchases increased 7 percent compared to a year ago.

Canadian Home Sales Remain at Lowest Levels in Six Years
Financial Post
Canadian home sales and prices rebounded in March from a dismal showing a month earlier, but remained below historical

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  By Lance Lambert | Mar 19, 2019  
iStock; realtor.com

It's one of the (many) high-stakes gambles of homeownership: that awesome new feature or design improvement you've been wishin' and hopin' (and of course savin') for might ultimately hurt, not help, your place's resale value. After all, times and tastes change, and eventually most homeowners will become home sellers. So how do you know that today's sleek, new quartz countertop won't become tomorrow's eye-scorching popcorn ceiling on the open market?

Relax, we're here to help you suss it out. Realtor.com®’s data team searched to find the home features that can help folks sell their home the fastest—and for the best price. We narrowed our list to the items

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Written by Jaymi Naciri Posted On Monday, 08 April 2019 05:30

 

6 Ways to Update the Look of Your Bathroom Without Doing a Full Reno  

The average cost of a midrange bathroom renovation is more than $20,000. If you kick that up to the “upscale” level, it’s almost $65,000. Yikes! Luckily, there are lots of little changes you can make in the bathroom to make it feel new again—or at least less old. They range in price from the cost of a family outing to the movies (with popcorn), to the cost of a couple of airline tickets to Hawaii (during a really good sale).

Go frameless

It’s not cheap to convert an outdated shower to something more updated. Frameless glass will give you the sleek look you want, but be prepared to spend a good thousand bucks for the glass and the installation.

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Written by Tim Dugan Posted On Thursday, 11 April 2019 05:30   3 Things to Consider Before Investing in a Rental Property  

Having a rental property can be a great investment. Not only can it appreciate, but many times the rent you receive from tenants will also cover most (or all) of the mortgage.

Of course, it’s not exactly passive income. You’ll probably be managing renters, hiring yard care and cleaning, and taking care of repairs. Even if you hire a management company, you still need to ensure that these responsibilities are covered.

It’s also important to make sure the investment property you choose sets you up for success. There are a lot of mistakes to avoid. With that in mind, here are three things to consider before investing in a rental property.

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E&V News 

Great Spaces: March Is for Mansions
RISMedia
This month, RISMedia is supersizing its Great Spaces section with a look at some spectacular mansions.

Ritzy Rentals: America's 10 Priciest Neighborhoods for Apartment Dwellers
realtor.com
If it seems that rents just keep on going up and up and up, well, that's because they do.

House Hunting in … Austria
The New York Times
In Vienna, home prices are rising thanks to a robust economy and a reputation as one of the world’s most livable cities.

5 Beach Houses for $5 Million
Mansion Global
Dream homes on the shore around the world at that price point.

Americas 

These 40 Cities May See Housing Prices Decline, Survey Says
CNBC
If you’re looking for a new home in an urban area, you might be

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By the Engel & Völkers Team 

What does luxury mean to you? Engel & Völkers New York City’s recent Luxury Lifestyle at Any Price Point event, hosted by real estate advisor Dolly Hertz, explored just this. Style and luxury are personal for each individual, and celebrity fashion icon and special guest Stacy London reinforced this message at the event. Known to encourage mixing brands and wardrobe pieces to fit each person’s unique style, London spoke to the importance of creating a style that’s true to who you are and how you choose to present yourself to the world.

Bringing together 80 guests from the real estate, fashion and design worlds, the evening included additional presentations from UBS and Maison Berger Paris on creative financing options,

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By the Engel & Völkers Team

So many of our special moments are spent at home. From celebrating big milestones, to entertaining friends and family or stealing away time for yourself after a long day, home is life’s bedrock—and what’s outside its four walls can be just as important as what’s inside. From breathtaking mountains in Aspen, Colorado, to the pristine beaches of Los Cabos, Mexico, Engel & Völkers represents properties in some of the most stunning locations worldwide where natural landscapes are the true centerpieces. While luxe features can certainly add a “wow” factor to a spectacular estate, here are a few of our current favorite homes where the outdoors is at the core of their beauty.

The Majestic “Cabin” in the Woods
Snowmass Village,

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E&V News 

Custom Penthouse Atop a 53-Story Tower in Downtown Vancouver
Mansion Global 
The apartment has a private rooftop patio and furnishings by Holly Hunt.

Power Brokers: As Competition Heats Up, Dollars Go to Growth
RISMedia 
Faced with overlapping pressures this year, Power Brokers are approaching business with a combination of fortitude, grit and wariness.

Benetti SD Motor Yacht La Chilonga 2 for Sale
BOAT International 
The 28.3 metre motor yacht La Chilonga 2 has been listed for sale by Sebastiano Pitasi at Engel & Völkers Yachting.

Engel & Völkers Atlanta Leading Sales, Marketing of Rebranded The Residences at Waldorf Astoria, Atlanta
The Neighbor 
The Residences at Waldorf Astoria, Atlanta April 2 announced the Engel & Völkers Atlanta

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Written by Saul Klein Posted On Friday, 22 March 2019 05:00   Nine Steps to Buying Your Home  

Buying a home becomes a more complicated matter each year. As a buyer, you must always keep in mind that there is no substitute for your own due diligence. That is, no one will look out for your best interests as well as you will. Always keep this in mind.

You have heard before, "Invest your time before you invest your money." Good advice and the reason you are here. You must learn about the procedures, the forms, the contracts, the customs, how to work with real estate agents, the language of lending, and much more. Be an informed consumer and never be afraid to ask a question if you don't understand something. Again, there is no substitute for

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