Тhе stаrs, lіkе аnуоnе еlsе, sоmеtіmеs run іntо іssuеs wіth thеіr hоmеs аnd nееd tо sеll. Ве іt а nееd tо uрgrаdе оr dоwngrаdе іn sоmе саsеs, thеsе hоmеs tурісаllу sреnd а lоngеr аmоunt оf tіmе оn thе mаrkеt соmраrеd tо оthеr sіnglе fаmіlу hоmеs thаt саrrу а muсh smаllеr рrісе tаg. Іt sееms thаt rесеnt mоnths hаvе sееn thе rеаl еstаtе bооm nоt quіtе bооmіng whеn іt соmеs tо сеlеbrіtу hоmеs fоr sаlе tоо.
Сеlеbrіtу hоmеs fоr sаlе іnсludе Κеnnу Сhеsnеу, whо, іn а strоkе оf blіnd luсk, sоld hіs hоusе fоr 8.5 mіl, whісh wаs hіghеr thаn hіs аskіng рrісе оf 7.9 mіllіоn, but Κеnnу іs оnе оf thе luсkу оnеs. Ѕоmе сеlеbrіtу hоmеs fоr sаlе аrе bеіng rеlіstеd аt lоwеr рrісеs sо thаt thеу wіll sеll, sіnсе thе есоnоmу аnd hеnсе thе hоusіng mаrkеt аrе sоmеwhаt dоwn іn rесеnt mоnths.
Іf thе numbеrs аrе аnуthіng tо gо bу, сеlеbrіtу hоmеs fоr sаlе аrе sеllіng аt аbоut thе sаmе rаtе аs оthеr rеаl еstаtе іn tоdау’s mаrkеt. Сеlеbrіtу асtrеss, fаmеd fоr hеr rоlе іn Сhаrmеd, Ѕhаnnen Dоhеrtу rесеntlу rе-lіstеd hеr hоusе, а рrіmе ріесе оf rеаl еstаtе thаt іs lосаtеd іn Маlіbu, whісh bоаsts аbоut 3400 squаrе fееt оf lіvіng sрасе аt а рrісе thаt іs rеduсеd оvеr whаt shе hаd іt lіstеd fоr lаst уеаr. Dоhеrtу lіstеd hеr hоusе аt 4 mіllіоn, аnd lаst уеаr hаd іt оn thе mаrkеt fоr аbоut 4.4 mіllіоn.
Асtrеss Κіrstеn Dunst рlасеd hеr hоmе оn thе mаrkеt аs wеll, аddіng tо оur lіst оf сеlеbrіtу hоmеs fоr sаlе. Κіrstеn’s hоusе wіll rероrtеdlу bе sоld оff аt аbоut 1.7 mіllіоn. Whаt а bаrgаіn fоr thоsе оf уоu whо wаnt уоur vеrу оwn сеlеbrіtу hоmе.
Тrеаsurу sесrеtаrу, Тіmоthу Gеіthnеr wаs rероrtеdlу hаvіng sоmе trоublе mаkіng thе sаlе оn hіs fіvе bеdrооm hоmе nеаr Lаrсhmоnt Νеw Yоrk, аnd орtеd іnstеаd tо rеnt іt оut аftеr іt dіdn’t fеtсh thе 1,635,000 thаt hе hаd аskеd fоr іt. Арраrеntlу еvеn аftеr slаshіng thе рrісе, thе hоusе stіll dіdn’t gо, sо nоw, іts а rеntаl hоusе, mаkіng іt’s оwnеr а bіt mоrе оn hіs mоnthlу іnсоmе. Fоr thоsе оf уоu whо аrе іntеrеstеd, thіs сеlеbrіtу hоmе fоr sаlе іs brіngіng іn аbоut 7,500 а mоnth іn rеntаl fееs, аlthоugh wе іmаgіnе hе’d јust lіkе tо bе rіd оf thе рlасе аll tоgеthеr.
Іn оthеr сеlеbrіtу hоmеs fоr sаlе nеws, аs rесеntlу аs twо dауs аgо, thе Fоrmеr Ѕесrеtаrу оf Ѕtаtе, Wаrrеn Сhrіstорhеr sоld hіs Соnnесtісut fаrmhоusе stуlе bеаutу, lосаtеd іn Соldwаtеr Саnуоn Drіvе іn Веvеrlу Ніlls. Тhе fаrmhоusе tуре hоmе fеаturеd аbоut 3400 оdd squаrе fееt оf lіvіng sрасе аnd rеtаіlеd fоr 2.15 mіllіоn. Іt wаs sоld tо аnоthеr сеlеb, thе рrоduсеr Fеrnаndо Ѕzеw fоr аn аdmіrаblе рrісе.
Rосkеr Flеа арраrеntlу wаnts tо drор hіs оwn рlасе іntо thе vаst роt оf сеlеbrіtу hоmеs fоr sаlе. Ніs рlасе, lосаtеd оn thе Расіfіс Соаst Ніghwау hаs аbоut 2700 squаrе fееt. Flеа іs аskіng 13 mіllіоn fоr thіs оnе. Іt must bе sоmеthіng wоrth lіvіng іn fоr thаt рrісе.2 Comments Posted in Luxury Homes for Sale on September 24, 2015
A Key Biscayne, Fla. home on a 2-acre peninsula with a private harbor will list for $60 million.
If it sells for its asking price, the property could set a record for the priciest residential sale in the Miami area, said Jorge E. Uribe of ONE Sotheby’s International Realty, who shares the listing with Tata Botero, also of ONE Sotheby’s International Realty. The current record was set by the $47 million sale of an Indian Creek Island house in 2012, Mr. Uribe said. A penthouse at Faena House in Miami Beach priced at $50 million is in contract, but hasn’t yet closed.
Known as Mashta Point, the hook-shaped property juts into Biscayne Bay. The property is the former site of Mashta House, an extravagant home built around 1917 by plantation owner W.J. Matheson, who once owned much of Key Biscayne, Mr. Uribe said. Mr. Matheson also created Mashta Point’s man-made cove and deep-water harbor, he said.
Mashta House was later torn down, Mr. Uribe said. The current roughly 12,000-square-foot house was built by his clients in the early 1990s, he said. It has six bedrooms, eight full bathrooms and an elevator. Outside, there is a pool, gazebo and dock.
Source: WSJ9 Comments Posted in Luxury Homes for Sale on November 24, 2014
The living room and formal dining room have cathedral ceilings, gorgeous hardwood floors and lovely neutral colours.
Equipped, open-design eat-in kitchen, laundry room, large open spaces and amazing details characterize this Colonial-style split-level home with five bedrooms and four bathrooms.
This property is listed on Mondinion.com.
1 Comment Posted in Luxury Homes for Sale on October 24, 2014
Situated fairly close to the beach, this luxury villa offers amazing views of the Golf Course and the Mediterranean Sea.
The classic design is combined with bright and spacious interiors, a beautiful colour palette with various shades of beige and brown, marble floors, grand staircase, under-floor heating throughout the house, wooden ceilings, air conditioning and background music system.
It has five bedrooms, six bathrooms, large living room with fireplace, dining room, fully fitted kitchen, spa with sauna and turkish bath, and it is surrounded by mature gardens with a lake shaped swimming pool.
Includes all decoration and furniture. This property is listed on Mondinion.com.Leave Your Comment Posted in Luxury Homes for Sale on October 13, 2014
Beautiful pet friendly villa situated in a very private location with a guest house, horse facilities and heliport on the property.
It has elegant interiors, five bedrooms, seven bathrooms, kitchen with granite counter tops, library, media room, home theater, spa and a wine cellar.
Stunning views, spacious terraces, patio and an outdoor kitchen by the infinity edge pool:
This property is listed on Mondinion.com.2 Comments Posted in Luxury Homes for Sale on October 8, 2014
A stunning luxury home with North-East exposure, surrounded by a Japanese garden situated in a cul de sac. It has indoor and outdoor pools with jacuzzi, more than 200 feet of water frontage and a 100 foot dock.
The gorgeous interiors have custom craftsmanship throughout, beautiful hardwood floors, eight fireplaces and elegant furniture.
There are 19 rooms, six bedrooms – a master with a spa and a Juliet balcony and a guest suite.
With a game room – with temperature-controlled wine cellar, family room, an eleven-seat movie theater, a library, full gym, full bar, a casino with slot machines, a full bar, an ice-cream parlor and an arcade filled with electronic games it is perfect for entertaining
Custom gourmet eat-in kitchen, formal dining room, a complete outdoor kitchen and barbecue on the back deck complete this wonderful estate.
This property is listed on Mondinion.com and is available for private showing.Leave Your Comment Posted in Luxury Homes for Sale on September 27, 2014
Do you want to live like a king or a queen? Who doesn’t?
Below, we will present you 5 fabulous European castles you can buy right now:
1. Classy Mansion In San Severino Marche, Italy
Price: 3,200,000 EUR, Full Listing Details
Villa Leoni is located in the heart of region Marche, close to a small village in an area surrounded by rolling hills, a half hour drive from Macerata and Camerino.
2. Magnificent French Chateau in Haute Vienne, France
Price: 21,000,000 EUR, Full Listing Details
This chateau was built in 1179 and is one of only 4 castles from that epoque in France with a special history relating to the Crusades and King Richard the Lionheart. It is situated in Limousin region of France in the Haute-Vienne.
3. Historic castle in the heart of the Belgian Ardennes, Belgium
Price: 3,750,000 EUR, Full Listing Details
Château Mirwart is situated in Mirwart (Saint-Hubert), in the province of Luxembourg, Wallonia, Belgium.
The castle is built on a rock rising above the “Vallée de la l’Homme”. The oldest parts of the castle, part of the cellars, date back to the 7th century.
4. Castle Hotel in Northern Hungary
Price: 900,000 EUR, Full Listing Details
This charming property is located just 2 hours driving from Budapest and half an hour by car from Kosice International Airport not far from the center of Pusztaradvány, and keeps its gate open for those who long for tranquil relaxation, fresh air and undisturbed nature.
5. Stunning Mansion in Mougins, France
Price: 8,500,000 EUR, Full Listing Details
The most expensive one: Situated in an exclusive private domaine the main house is South facing and is positioned in the middle of the magnificent gardens with views to the sea. The house comprises of large dining room, drawing room both with fireplaces, American kitchen fitted with high specification appliances, home cinema/gym, sauna, hammam and shower, cloakroom, utility room, laundry and wine cellar.
1 Comment Posted in Luxury Homes for Sale on September 26, 2014
This newly built two story estate welcomes the visitor with a lovely gated courtyard entrance, a fountain and palm trees.
After the promising stone walls and large windows, the interiors do not disappoint – large, open spaces, tall ceilings, gorgeous hardwood floors, beautiful light fixtures and elegant finishes characterize the five bedroom villa throughout.
The five bedroom suites include dual masters, there is a home theater, an office, a sunken wine cellar and ample entertaining space.
The property holds garaging for five cars, a separate guest house, secluded landscaped backyard with a pool and spa with waterfall. The tall windows and terraces guarantee natural light and stunning views of the city and the surrounding mountains.
This property is listed on Mondinion.com.1 Comment Posted in Features on June 16, 2014
The real estate industry has always been an efficient way for people to make money, which is exactly why holding rural land is a common practice. Rural development is one of the things that isn’t a for sure thing, that’s why so many people who have rural land within their means think that it’s useless (and in most cases worthless). The rural land you have might not be the best for farming (or even have the best location), and it might not even be the best to develop into a business, but there’s always going to be a use for rural land (in some way, shape or form). Sometimes people can feel like the land is worth nothing, which is until somebody whom is interested in developing it comes into play.
Rural land is something that housing developers love to look at, this is one of the main reasons those who own rural land don’t just ditch it or sell it incredibly cheap. The amount of money that can be made with rural land varies, sometimes you’re going to be in the perfect location and others you won’t be. It’s sort of like playing property lottery when it comes to rural land, and many developers have looked towards these types of properties to expand their businesses and ideas.
Every developer has their eyes open, they’re always looking for that “perfect piece of land” to start developing on. Land is one of the most beneficially investments you could ever make, because in the end there isn’t going to be a growing supply of it (meaning the amount of land we have here on earth is finite). When a resource is finite like land is, there is a certain demand amongst the market. Demand creates profits, which in turn makes everybody happier all around.
Flipping land, developing it for yourself or even renting out your property are all different ways to benefit from rural land, but it’s the holding process that is focused on. When you have rural land it’s important to know that you should never jump the gun. Plenty of developers might show interest, but which one of those developers is going to go through with the deal? Which one of them is going to provide you with the best possible offer? Holding onto your rural land can turn in a pretty large amount of profit if you wait long enough, it’s just a matter of perfect timing when it comes to selling rural land.
Some rural lands are going to be much more useful when you compare them alongside some others, that’s just how it is sometimes. Sometimes you’re going to have a piece of rural land that’s rich with high quality soil, making it ideal for any farming needs that a developer (or property hunter) may want to make use of. Not only that, but plenty of rural lands have vast pastures that would allow for the animals to rotationally graze.
Cropland properties that aren’t irrigation dependent are a good investment as well, as you wouldn’t have to worry about the water system breaking down over the holding period. The whole point of investing into rural land is the long-term benefits, the chances of you selling your rural land for the kind of money you want right away just aren’t there. Long-term investments can be a bit tedious sometimes, and many people aren’t completely sure how to go about them, but holding onto rural land is definitely one of the more “solid” investments that you could be making (pertaining to property that is). If you are considering an investment in vacant land then you can find lots of opportunities at Land Century’s website.3 Comments Posted in Features on July 17, 2012
Research is vital prior to purchasing a home. Dottie Herman, the host of “Eye On Real Estate” stresses that becoming an expert is essential to finding the right home to purchase and satisfaction with the choice. Dottie Herman, CEO and President of Prudential Douglas Elliman, emphasizes three most important facets when purchasing a home which center on worth. Value, cost and price are the keys to a solid investment and successful purchase of a home.
Ms. Herman stated that the first step in buying a home is to hire a qualified real estate broker. Find a broker who understands the market and what you are looking for in a home. A quality real estate broker will help you find a property that suits your needs and is a solid investment.
Herman stated, “It’s an opinion of what you think the home is worth, based on how you are going to use it.” Value is different for every buyer. Some home buyers may need to be close to good schools while others are seeking public transportation. The value is designated by the buyer’s needs.
Herman replied “Sellers believe that the cost of the house is what they paid for it plus all of the improvements and the money that they put into it. Cost is a measure of the past. Cost and value are not what the price of the home should be or shouldn’t be.”
Sellers who have made improvements to the property are adding value but not cost to the home. A buyer who desires a renovated home will be willing to pay more due to the value of the renovations.
Herman responded to a question of determining price by stating, “Price is what the home should be worth today. Some people don’t price it right, so what you really want to look at is fair market value.”.
Fair Market Value
Determining fair market value revolves around what the property is truly worth in the current market conditions. Your real estate broker is best equipped to relay that information to you. A necessity in purchasing a home and determining price is to locate sales of homes in the area over the last six months. Ms. Herman opinioned that “brokers price opinion will vary from home to home depending on a few factors.”
Wear and Tear
Two identical homes built by the same builder in the same time frame will look dramatically different in 10 years. A buyer must go inside the homes to see how well the property was maintained. A quality real estate broker will be able to narrow down choices to well maintained properties.
A neighboring property that has not been maintained well will affect the purchase price of surrounding homes. Your real estate broker will have gone out to look over the neighborhood to determine if problem homes are in the area.
A home with a view is more valuable than one without a view. Ms. Herman stated that ”You can always find a home, but you can’t replace the view.”
Good schools are as important as a view to most buyers. Researching school districts will help narrow the search criteria for a good location for a home purchase. Ms. Herman is adamant that ”It’s most important to go look at the properties, along with the surroundings and the neighborhood to know what value and price you are looking at.”
Your real estate broker will narrow down possible properties for you but researching your options is vital. Ms. Herman reiterates the need to “eyeballing properties yourself.” Every home has positive and negative aspects that result in value changes and Ms. Herman remarked “there is no exact science to pricing.”
Megan Gates is an active blogger who provides written work pertaining to home improvement, the latest architecture, design and fashion. She also writes on behalf of Elliman Real Estate. Follow her on twitter @MEGatesDesign.12 Comments