25 November 2010

Happy Thanksgiving!

Pepsie ad from the 1950s, source unknown.























Tune in next week: "Lies have short Legs".

05 November 2010

Modern Homes in Germany

End of September and into October, I was working in Germany,  in Munich as well as in Düsseldorf, which is located on the banks of the Rhine river.

Perhaps you're like me: I can't drive or walk around without looking at the architecture that surrounds me. And since it's too early anyway for October market statistics, a few houses that caught my eye:

In Düsseldorf-Kaiserswerth, overlooking the Rhine, a lovingly renovated home from the early '50s. Note flat tile roof, blacked-out window frames and balanced proportions.
On the banks of the Rhine at above location, floodplain and a sliver of water on the left.

New entrance of above house, integrated into existing landscaping.
Same street: Single family home, with ramp to underground garage on right.
Note overall balance, with carefully weighted fields of glass, white stucco and sandstone. No garage doors to disturb the front elevation.
Low-key midcentury home in Düsseldorf-Oberkassel, also on the Rhine. Front is completely clad in white marble, typical for '70s building in the area.
New construction on a hillside in Starnberg, outside Munich. Note drystacked wall - stones are set by master craftsmen as delivered, without additional cutting on site.
Another new construction, overlooking Lake Starnberg. Lot value alone is probably in excess of $2.5M.
View from the terrace, overlooking the lake. Winter view will only improve with less foliage. Photos of the finished home to come after completion.

If you wonder about lack of property details: no, I wasn't too lazy to research. Germans are very private people, and information that is readily available in the US – property sales records, lot sizes, owner names etc. - is all strictly guarded in Germany, protected by privacy laws. Facebook it ain't. From a US Realtor's perspective, it seems odd, but privacy does have advantages, doesn't it?

22 October 2010

The Modernist Castle Dilemma

A problem that could be facing any modernist lover, any day, anywhere: 

What to do you if you own an old burned-out castle in Germany you don’t want to rehab for $9m to live in it? Silly question; you build on top of it.
In 1830, the Löwis of Menar family purchased the Mauren chateau near Stuttgart in Southwest Germany as a summer residence. It was constructed approximately two centuries before and burned out in 1943, hit by British bombs. During WWII, the Krohmer family, direct descendants of the Menar family, made do in the stables, the burned-out castle was off limits (‘yeah right’, said the kids). After the war, preservationists wanted to rebuild ("your money is no object"). Though the owners were able to keep the castle from further decay, they couldn’t actually use it.
Over several decades, the family had repeatedly considered how to make use of the large lot and make the ruins habitable again. Rebuilding according to original plans would have created approx. 14,000 sf of living space, at a cost of ca. 6.5m Euros (approx. $9.1m as of Oct 2010).

"Then as now, way too expensive for us," says grandfather Ernst Krohmer. "And who wants to live like that anyway," asks his daughter-in-law Anke. "We wanted something modern but not fashionable, tying new in with the old."
As often with such projects, the right architect made all the difference. Ingo Bucher-Beholz, first very hesitant to accept the commission, changed his mind after visiting the site. On the evening of his visit he faxed a draft, showing the castle walls topped by a steel structure and two cubic buildings. 
After decades of no solution in sight, suddenly everything fell into place very quickly. Plans were approved because the new development does not destroy the historic construction, instead hovering 18 feet above it. The two buildings, home to three generations of the Krohmer family, cost 210,000 Euro (ca. $294,000) each, offering 1,500 sf of living space per home. They are divided into four equal-sized rooms, two bathrooms and an open living/dining/kitchen area.
A steel bridge connects the two bungalows, a common staircase leads downstairs. There, kids bikes and barbecue grills are parked, and family parties take place in the shade of the homes above. Says a delighted Felix Krohmer: "That we can live this way is a gift."

Based on an article published in the FAZ. Photos by Jens Gyarmaty and Zoom61 (#4).

17 September 2010

200th Oktoberfest

If you think "hold it, there really is no connection between "Modern", "South" or "Florida" and the Oktoberfest", think again:

Munich is located in the South of Germany.

Handy Germany map shows N, S, E, W and Munich location
Only someone supercritical  would call that stretching it just a bit.

Today was the opening of the 200th Oktoberfest, the first one celebrated 1810 on the occasion of a Royal Bavarian wedding, Crown Prince Ludwig (later King Ludwig I) and Princess Therese of Saxen-Hildburghausen (full 411 on Wikipedia.)

Now, if you think her name reminds you of a German wine label: stop that, you're being mean.

Gunshot salutes on the opening of the 200th "Wiesn". ©dpa
Munich breweries joined forces to brew (!) a commemorative beer.
Commemoration lasts until the stein is empty. ©sz/Lisa Sonnabend
15 more Oktoberfest photos – with German captions, sorry – in today's Munich newspaper Süddeutsche Zeitung. Prost!

10 September 2010

Fall Decorating

 
First though, a special treat I found yesterday, only 6'31'' long but jaw-droppingly fascinating: the video "The Known Universe".

Created by the American Museum of Natural History, it takes viewers from the Himalayas through our atmosphere and the inky black of space to the afterglow of the Big Bang. And back to earth, thankfully.

I recommend to watch it in full screen, and if you have a fast internet connection, in 720p.
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FALL DECORATING TIPS

The classic, earthy colors associated with Fall decorations are an homage to Mother Nature herself. The burnt oranges, browns, and golden wheats are the colors we witness first-hand as the seasons change.

But the changes in color aren't just for out of doors. These days, the most savvy of decorators bring the season inside.

How can you makeover your home for Fall?

Here are some simple ways to capture the spirit of the season, without turning off potential home buyers.

Changing Tablescapes: When staging your home, your dining room does wonders for setting a mood. And in the Fall, that mood is magnified by family dinners and the holidays. To take advantage of the season, change up your tablescape.

The first step can be to change your tablecloth or runner to richer, more earthy tones. If you are a true do-it-yourselfer, you can find seasonal fabrics at your local fabric store. A runner is as simple as cutting a straight line and making neat edges.

Next, invest in gold or jewel color chargers that will accent your family china. A charger is simply the decorative "plate" that is used to dress up your dining table.

And finally, don't be afraid to set a theme. Mini-pumpkins can be used to hold name-cards. Use the florals of the season, such as holly berries and decorate branches to create a festive centerpiece. And accent the table with beautiful leaves.

Scents: Fall is a great time for warm, rich scents, such as apple-cinnamon, French Vanilla, and anything related to cookies or baked goods! Just keep them away from your dining table, so that their scent doesn't overpower the tantalizing aroma of your home-cooked meal.

Welcome Wagon: The first thing your buyer sees is your front door. So, make this space inviting. Use mats, wreaths, or a simple hanging cornucopia as a seasonal display.

Swap out Fabric: It's time to get cozy on the couch. Bring out your favorite throws, especially those in luxurious chenille or velvet! And don't forget to add a cozy blanket to your guest rooms as well.

Fall colors are a fun way to welcome guests, so take advantage of the season!

Used with permission. © Carla Hill/Realty Times
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I.M. Sep 11, 2001

27 August 2010

Property Values: What to expect around $500,000

Much in demand are currently modern homes in the price bracket $500,000 to $599,000. Here is a look at some of the available modernist homes and townhomes in that range:
Alfred Browning Parker built this classic mid-century residence (above) in Coconut Grove in 1953. It has two bedrooms, one bathroom and an office on 1072 sf under air – not large by today's standards, but an open floor plan and wrap-around balconies integrate tropical outdoors and indoors nicely. $599,000.

Within walking distance to the beach are these new townhomes in Pompano Beach. Three bedrooms, three bathrooms and a guest bath are spread out over approx. 3,031 sf under air, with several models available, including some on the water with private dockage. Starting at $578,788; waterfront units are in the $800,000s.
A five-bedroom/four bathroom home directly on a golf course in Tamarac, with ca. 3,940 sf under air, built in 1969. The property offers volume cedar ceilings, a wood/gas fire place, an oversized garage and pool with spa. $549,000.



Short sale in Miami Shores: a waterfront home with 122 feet on a deep canal, with no bridges to the Bay. Renovated kitchen and baths; big master suite, kitchen open to the family room. 4 bedrooms, 2 baths, ca. 2,880 sf, two-car garage, corner lot, built in 1949. Reduced twice to $525,000.
Another townhome, this time in Highland Beach, located just north of Boca Raton. Waterfront with dockage included (!), and pet friendly to boot. Completely updated, with 3 bedrooms, 2 bathrooms and a guest bath, ca. 1,456 sf under air, built in 1977. $540,000.
1950s mid-century home with Bay views in Miami, offering four bedrooms and three baths on ca. 2,220 sf under air. Bay across the street affords water views, vaulted ceilings and a open split floor plan emphasize space. $485,000 (admittedly, that's not in the $500,000 range, but only because it was just reduced. That's not my fault, really.)


International Style and Brutalism made love and gave birth in Lighthouse Point, to a 4/3 with ca. 2,800 sf (the listing Realtor calls it "hip and contemporary Frank Lloyd Wright style”. A visit to the history page could clear that up quickly). Built in 1971, with impact doors and windows throughout, and a pool. Reduced this week from $549,000 to $499,000.
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If you're not completely thrilled with what you see here, email me for alternative suggestions please.

In the meantime, thanks for reading this post!

13 August 2010

Odd Obsessions, Miami Vintage Stores anyone?


In this post: The obsession with Pending Sales, July Market Statistics, upcoming post "Vintage Furniture Stores in Miami-Dade", housing for Purple Martins.

Pending Sales: Wrong Approach?

If you read the Wall Street Journal, you may have seen an interesting piece last week about the housing market; interesting because it quoted a data set I have a major problem with: Pending Sales. 

If you are not familiar with the real estate industry, you may not know that some analysts regard Pending Sales as an early indicator of housing market trends.

I wholeheartedly disagree.

Merely because buyer and seller execute a contract does not at all mean they will go to closing; only last month I represented a buyer who got a severe (but understandable) case of cold feet. In my observation, currently approx. 25 to 35 percent of all pending contracts do not close because financing or other conditions point the transaction south. 

Please consider that whenever you see Pending Sales being interpreted as a market indicator.


Upcoming post "Vintage Furniture Stores in Miami-Dade" 

Back in March, I wrote about furniture stores in Broward county that specialise in vintage modern furniture. That post turned out to be quite popular, so I just started researching the same for Miami-Dade.

I have quite a list of stores already together, but would love to get your input. If you know of a store that deals with used modern furniture in Miami-Dade, would you please fire off a quick email? Thanks for helping me!


Interesting Reads:

A great read (for Saturday morning over coffee at the Eurobread?) appeared in yesterday's NYT: Birdhouses Designed for Repeat Visitors. Enjoy!