The average New Yorker doesn’t drive a car. For those that do, they have to worry about getting a parking ticket that may be as much as $115. Now one lucky person will purchase a million-dollar parking space. Even for New York City, this is a first.

First Million Dollar Parking Space

What does the buyer get for one million bucks? Well, hold on a minute. It’s not that simple. First, the buyer must also purchase the penthouse for the list price of $38.8 million. If you think that’s a bit steep, just understand that the home has 8,000 square feet of space plus a 3,000 sq. ft. terrace. [Read more…]

Whether you are looking to sell your business premises in the coming months or simply wish to enhance the setting for the good of staff members and customers, there are many things you can do to add value to your commercial property. Continue on as the aspects worth considering are explored in further detail.

Extensions

Creating additional space to accommodate a growing business will not only allow you to increase the workload and number of employees, it could also add significant value to the property.

If you are thinking of ways to branch out without having to move premises this could be the ideal solution, so check to see what planning permission you would be granted and make a few enquiries to see how you could extend your property to maximize potential.

Implement Eco-Friendly Features

A green building is becoming increasingly sought after by businesses of all natures as it shows customers they are a company with a conscience. [Read more…]

In determining the value of your home, what’s the most important factor? It’s said to be location, but unfortunately, your house is where it is. You can’t very easily move it to a more expensive neighborhood.

There is another answer, though. By making the right improvements, you can add as much as 75 percent to 100 percent of their cost to the value of your home. Of course, some upgrades are more useful than others. Some are also more difficult to implement than others; fortunately, these can be made with relatively simple tools and materials, no need for a Hyster forklift or a John Deere tractor. The five listed below are proven to provide the greatest return on investment at selling time:

1 – Swap out Your Siding for an ROI of over 75 Percent

New siding will do the most to improve any home’s curb appeal. This one upgrade alone can take your residence from embarrassing eyesore to neighborhood showpiece. In addition to the cosmetic improvement, new siding affords an enormous savings in time and upkeep over the years. The cost of adding new siding varies greatly depending on your location, but the return on investment is high. From 75 percent to, in some cases, more than 100 percent of the expense of this improvement can be recouped at selling time. [Read more…]

Are we giving up before we try? I did a staging consultation the other day for a sweet young couple. They need to sell their house so that they can be closer to family members who help out with their daycare needs. They have a great house that they really love – it’s an older home and they’ve made some wonderful improvements to it.

The listing agent asked me to talk to this couple about getting their house ready to sell. She felt the extra clutter and over-sized furniture was making this house feel smaller than it is. And she was right.

I gave them a lots of suggestions for making the house look more appealing to buyers. I also spent a great deal of time explaining why its important to do these things. (I’ve learned that when people understand the “why” they’re more inclined to listen.)

[Read more…]