Posts Tagged "REAL ESTATE"

Placing a Value on Design

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Design fundamentally has two elements – Form and Function. Function is the tangible aspects. What is it? What can I do with it? It’s easy to compare apples to oranges, see what is demanded across a population, and then ultimately put a price tag on what people are willing to pay for it. A deck for a deck, a shade structure for a shade structure, etc… Form, however, is much more intangible. It’s a subjective feeling about the creation. Is it beautiful? How do I feel in it?

When a Landscape Designer puts a price on their work, they are putting a valuation on their own time and projecting that out as a fixed bid estimate of their total expected time expenditure. But how much is the product created actually worth? How do we account for the value of the form, not just the function? For that, we look to secondhand sales to find out.
In 1999, a study conducted by Clemson University looked to quantify the effect of different quality landscaping improvements on the ultimate home sale price. They studied the effect that different properties in a wide variety of locations and conditions sold for using landscape quality as the variable. What they found was that with all other variables accounted for, an excellently landscaped property could fetch up to 14 to 17% more at sale then one with landscaping rated as poor. In Denver today, that’s equivalent to $70,000 more for the average home!

Turn those drive-bys into walk-throughs, get more bids, and sell for more.

There is a cost to the investment of labor and materials to make the jump from poor to excellent, but the benefits will still far outweigh the costs. Rarely do our residential landscaping projects in Denver cost even 10% of the value of the home. Numbers crunched, that’s up to a $29,000 instant profit with the sale of your average Denver home.

When looking at your outdoor spaces don’t be afraid of the price tag. The money is being invested as equity into the home with a buffer of profit to dream big and create a space you will love. The best way to maximize the value of landscape designing is to plan ahead. Moving into a new place is the perfect time to start planning your outdoor spaces. A more established landscape is worth more to the property and you get to thoroughly enjoy it while you live there.

Outdoor lighting, good yard maintenance, and well placed trees will always pay for themselves in the end. Designing for varietal leisure spaces, noise reduction, visual barriers, creating a cohesive aesthetic with the architecture, crafting a clean outdoor look that makes the house feel cared for – Those are some of the more subtle design challenges that people will subconsciously pay top dollar for.

None of this, however, accounts for the added benefit energy and water savings that a sustainably designed plan provides for the home. Not only do you create a curb appeal that makes you proud of where you live and an outdoor space that makes your home feel bigger and more versatile, but everyday utility and maintenance costs can be drastically reduced ultimately paying for the improvements themselves.

Tannenbaum Design Group for these reasons is proud to announce a new collaboration with GreenSpot Real Estate. We are now offering FREE customized designs with any Buyers or Sellers Agency Listing agreement with the purchase or sale of any home. We want to reinvent the way the home sale industry works by adding more value back into your homes than is paid in the commission. As a seller you profit! As a buyer you get to buy a house you like and turn it into a home you love, for free! What is your sister’s college roommate’s broker friend giving you for the cost of that commission? If you do the math, it makes no sense to go anywhere else.

DATE: Jul 23, 2018
AUTHOR: tbaumdesign

Publishing in the Houston Chronicle!

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Updated historic home in Southampton sold in first week on the market! The project was published in the Houston Chronicle.

“Updated hone in Southhampton Place

Studio with full bath added above garage.

This four bedroom traditional home on a professionally landscaped lot in Houston’s Southhampton Place Subdivision was built in 1930 and has been extensively remodeled through the years…

Lush landscaping, stone walkways and outdoor seating areas give the lot a park-like feel.

Agent: Sotheby’s International Realty

– Megan Mattingly-Arthur

DATE: Oct 28, 2016
AUTHOR: tbaumdesign

Central Europe Study – Sustainable Communities, Recycling, & Reclamation

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Post World Wars Central Europe might not have a lot a lot of positives you can say were taken away from the devastation of war. However, when everything is bombed to rubble you certainly have a clean slate to start over from when it comes to design. Many cities like Frankfurt, Bonn, and Berlin that suffered the highest amount of city destruction took the opportunity to rise from the literal ashes with a new era of urban design and architecture.

               In Frankfurt, for instance, over 50% of the infrastructure was destroyed by 1945. Today, 52 percent of the city area is green space, consisting of parks, woodland, farmland, orchard meadows, grassland, allotments and hobby gardens, cemeteries, roadside grass verges and bodies of water. And as of 2019, Frankfurt has been ranked the most sustainable in the world.

               Sustainable communities can arise naturally over time as well, through the reclamation and re-purposing of infrastructure. When a large industrial site or landfill, that used to be on the outskirts of town, finds itself decommissioned and eventually absorbed into the growing city, it can present a multitude of challenges (i.e. contaminated soils, eye sores, wasted space, etc). Europe’s ancient cities can serve as great examples of how to cope and even benefit from these challenges.

               For industrial sites, Landschaftspark in Duisburg, Germany is a patent example of how a derelict site can be reclaimed without disturbing the polluted soils through deconstruction and wasting materials and energy in mass deconstruction. Through this they achieve the addition benefit of preserving a bit of history. Landschaftspark was transformed from a disused old industrial ironworks into facilities with multiple uses into a one of a kind park space. The huge buildings of the former ironworks have been modified to provide patrons with a multitude of new functions such as alpine climbing gardens created in ore storage bunkers and a viewing tower made from a decommissioned blast furnace.  Landschaftspark represents how an area can celebrate its industrial past by integrating vegetation and industry, promoting sustainable development and maintaining the spirit of the site without morning it as an eyesore.

Metabolon in Bickenbach, Germany serves as an interesting example of landfill reuse. Metabolon is a multi-purpose site built upon a decommissioned landfill. The site today takes advantage of the artificial topography to serve as serves as a lookout point, bike track, public park, playground, and research center and more. Converting waste to energy is the most significant goal in the research center. What was a disaster for the town has become an attraction and public benefit.

The benefits of recycling and reclaiming are shared among citizens, tourists, developers, customers, and the environment alike. Firstly, an industrial reclamation project produces ecological benefits to the environment and its inhabitants through the growth of plant materials that harbor ecology that break down pollutants in the soils and filter water runoff. Secondly, by transforming dilapidated space into functional and aesthetic pieces, a city brings economic revitalization to the surrounding area. And thirdly, when site is transformed into a useful and attractive space the area becomes more attractive to potential businesses and tourists.

This mindset of design applies to projects large and small. When we think about renovating our residential spaces we have two options. Tear everything out and start anew, or integrate and recycle. Many people in the industry will take the easy road- remove it all and put in new. I urge more of you to consider the value in preserving and recycling the old. Keep more structures out of the landfill. Integrate those priceless 30 year old shrubs into the plans if you can with a nice pruning. Reuse materials where you can. New is not always better, it’s just cleaner for a few years.

DATE: Mar 28, 2016
AUTHOR: tbaumdesign

Thumbtack Best of 2016!

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What a year! So many new projects. Looking forward to what’s to come!

DATE: Jan 27, 2016
AUTHOR: tbaumdesign