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The Price of Luxury: How Much Does It Really Cost to Live in a High-End Condo?

What makes a condo luxurious?

A luxury condominium is equipped with modern and expensive finishes. Its build quality is always superior. The house exhibits a tasteful architectural touch in every detail. Top-quality condominiums feature a residential experience that offers concierge services. They aim to give you elegance along with the practicality of living.

Costs to consider while buying a high-end condominium

Upfront cost

It is the initial cost of buying real estate. Such costs include fees related to inspection, appraisal, prepaid property tax, down payment, prepaid home insurance, earnest money, and all other closing costs. Closing costs are approximately 1.5% to 4% of the purchase price. For new construction and high-end properties, the cost can exceed 5%.

Monthly Expenses

The prime monthly expenses include mortgage and condominium insurance payments, association dues, and property taxes. Condo maintenance fees vary from $300 to $400 on average. As luxury condominiums are more in price, the expenses are expected to be higher than traditional home units. Principal or interest payments can add another thousand to the monthly expenses.

Amenities

There are additional costs to consider when owning a property, especially when it is expensive. Depending on the amenities included, the fees charged can wildly swing, directly impacting the maintenance cost of condos. A high-end condo property is never in shortage of amenities which can hit the charge of $1000.

The True Cost Living In A Luxury Condo

To discover the true costs of living in a luxury condo, we conducted research throughout different cities in the US. The analysis will impart the names of five developers who are preeminent and exceptional at building luxury condominiums.

ETCO Condo

ETCO Homes serves an outstanding collection of condos in Southern California. The unique floor plans with excellent community arrangements facilitate an extensive group of buyers in Los Angeles. ETCO’s One Coast is an exclusive complex of 53 premium condo suites in Pacific Palisades. Units with 5 beds and 5 baths have two different sizes of floors. But it won’t cost further if you choose 4.8k sq.ft.

Bed	Bath	Floor Size Sq.Ft.	Price
5	5F 11/2	4,834	3.499M
5	5F 11/2	4,384	3.95M
3	3F 11/2	3,488	3.55M

Aruba Condominium

If you are looking for the right combination of expediency and splendor, Aruba Condominium comes to mind first. Daytona Beach Shore’s best indoor suit experience awaits you at Aruba Condos. You can make peace with the serene atmosphere after a day full of fun beach activities.

The Aruba Condominium is well known in Atlantic Avenue for offering spacious condos at a good price. It is not ordinarily expected to find beautiful seafront living accommodations at prices below $900K. While each of their condo units, combining 3 beds and 2 baths on a 1380 Sq.Ft. space is listed at $649.9K. Moreover, these condos have offered the lap of luxury in the name of amenities so that you do not have to payout extra bucks on taking outward service.

Aspen Heights Condos

Austin’s luxury market skyrocketed during the pandemic. To ensure assistance toward the demand, Aspen Heights Partners create the finest places to call home in the form of fully integrated condos. The team offers unbeatable luxury through ‘The Independent’ which is a 58 -story, 370-unit condo property. The real estate is also known as Jenga Tower whose design is inspired by the bold pneuma of Austin. There are one to four bedroom units ranging from 750 to 3,000 sq.ft. in The Independent. The available units are being sold on a considerate price scale of $799K to $1.835M.

Luxury Real Estate Sales Rose 42% During Pandemic. Source: Redfin Analysis of MLS Data

Dezer Condo

It is no secret that Dezer is one of the leading condo developers in Miami. Dezer Development is a city-based builder that covers 27 acres of seashore land in Sunny Isles Beach. The coastal neighborhood is supposed to be recreated with luxury condo buildings. With their creative housing insight, Dezer developed an 813-unit luxury condominium Trump Towers, a series of three separate towers winging 45 stories. The units are in a variety of rooms and prices.

Bed	Bath	Floor Size Sq.Ft.	Price
2	2	1,463	1.199M
2	3	1,935	1.9M
3	3F 11/2	2,558	1.995M

Bishard Condo

Virginia Beach is the land of high-end townhomes and condominiums. The blossomy coast has been served with quality condos by Bishard Homes for more than two decades. Bishard offers luxury in its thoughtful architectural style incorporating Coastal and Southern Living. They cater to people of all income levels. If you choose the luxury home series, the price will hover between $900K and $2M.

Is living in a luxury condo worth the cost?

When you desire luxury, you should not be so solicitous about the cost. It is usual for a buyer to outlay a stream of cash flow when the property comes with all fulfillments. As you spend the money, a wide range of amenities arrive at your doorstep. A condo on the higher end of the spectrum provides you security of life, elegant community, easy maintenance, great location, modern vibe, in a word, total comfort.

Five Essential Steps for Anyone Starting Their Own Home Improvement Company

It might not be too crazy to say that there’s never been a better time to start a home improvement business in the UK. Well, yes, it’s true that anyone thinking about starting their own company right now is going to be a bit concerned. Everyone is worried about how much they’re spending because the cost of living keeps going up and up. And that means that all businesses are having to work harder than ever to hit their targets. And it’s worth noting that there have been some chaotic changes in basically every market you can name over the last couple of years. That includes the property market.

But lots of people are thinking about doing up their homes instead of moving into a new one precisely because the property market has been so turbulent. While home improvement has generally been a pretty steady industry, there’s good reason to think that it might see a bit of a boom in the months ahead. So yes, this could be exactly the right time to get your business up and running.

Identify Your Niche

Niching down might seem like a risky step to take when you haven’t even gotten started yet. Why would you want to limit your options when there are so many different areas of home improvement that you could explore? Well, the first thing to remember is that it’s always better to do one thing exceptionally well than it is to do a lot of things to a mediocre standard. The second is that you should remember that most people will be looking to do one job at a time, and there’s a good chance that they will be searching online for that specific thing. It will also help to build your reputation if you can start getting feedback online, which takes us to the next point.

Build Your Web Presence

Word of mouth is going to be invaluable if you’re starting a home improvement business. It’s great if you can start getting some referrals from happy customers. But you’re more likely to find that customers are heading online and doing “near me” searches. You’re going to need a website that makes a great first impression and shows people that you’re the real deal. You’ll also need to think about the best ways that you can demonstrate your expertise on your site. Google is always hard at work refining its algorithm. One of the things it prioritises is user experience, which means that your written content doesn’t just need to be full of relevant keywords, it also needs to be helpful. You could put together some video content and image galleries to show off the quality of your work. And while you’re at it, why not think about setting up some social media profiles? They’re not all going to be relevant (you may not need TikTok just yet), but you might be surprised by the number of customers you get from these accounts.

Remember To Put Safety First

Let’s not beat around the bush: safety should be a major priority. It’s not good enough to tell yourself that you’re a sensible person and that you wouldn’t create any unnecessary risk. When you go to work on another property, you are taking responsibility for everyone on the site. That doesn’t just mean you, that also means the people who are working for you, and it may include the property owners. You’ll need to ensure that you take every possible step to minimise the risk of injury, and you’ll also need to think about whether you and/or your employees need to do any additional learning. For example, most people are aware that asbestos is unsafe to be around. But do you know exactly what steps you and your colleagues will need to take if you work somewhere with asbestos on site? If you’re looking to boost your asbestos awareness, then get in touch with the team at NATAS. Their award-winning health and safety courses and training will help you to keep your risks to an absolute minimum.

Know Who Your Customers Are

Your niche and skills are obviously two of the most important factors, but you must not overlook your target audience. It’s important to be realistic about the type of work that will be most in demand in your location and among the kinds of people who are likely to be looking to do some home improvement. For example, given last year’s historic heatwave, a lot of UK homeowners will be thinking about how they can keep cool this summer. And with energy prices continuing to soar, they will also be thinking ahead to the winter and planning to insulate their properties more effectively. Given the current cost of living issues, you may find that repairs and renovations are in higher demand than extensions, for example. So, set aside some time for some good research. What kind of jobs are you going to be pitching for a few years down the line? If the answer is different to what you expected, it might be time to add some skills to your set.

Go Sustainable

Speaking of record-breaking heatwaves, everyone needs to be thinking a lot harder about how sustainable their businesses are. There will be a lot of pressure to show that you are taking climate change seriously from local authorities, not to mention potential clients and customers. You might find that you get a big boost if you can show that you’ve got a green strategy in place. So, think about using an electric vehicle, and look for recycled materials for your projects. Research greener alternatives that you can recommend to your clients that will keep their carbon footprints low as well as keep their energy bills down. This issue is only going to become more and more important over the next few years. You can save a lot of time and effort by thinking about it from day one.

Author: Ryan Byrne

If you are serarching for the cheapest houses, have a look at our listings.

5 Beautiful Ways to Upgrade Your Home

Upgrading your home does not have to mean hiring builders to spend months extending and improving your home. There are lots of ways you can make big changes without having to undergo the upheaval of a complete renovation. Here are five beautiful ways to upgrade your home.

Paint the Walls

Painting the walls will make a room look fresher and cleaner. You can update your home with a fresh coat of paint that matches your existing colour or go for a completely different colour to give your room a whole new look. One option that is very popular is to paint three of the walls in a single shade and then make a feature wall on the fourth using some vibrant wallpaper or an interesting pattern. Painting is one of the easiest DIY jobs to do and it is possible to finish a room or two over a weekend.

Replace the Doors

First impressions count and doors are the first thing your guests will see when they walk into a room. Therefore, it makes sense to upgrade your doors if you want that first impression to give off a wow factor. For example, oak internal doors look great and really elevate the look of a room. Oak doors can also improve the value of your home, making their purchase quite cost-effective. And with such a brilliant oak door selection available these days, you are likely to find something that will match your style and budget easily.

Invest In Some New Soft Furnishings

Soft furnishings can change the appearance of a room quickly and easily. A splash of colour can be added with cushions or a bright rug. You could even change your soft furnishings to match your new wall colour.

Clever Use of Mirrors

Mirrors can be used to change the appearance of a room if they are put in the most appropriate places. For example, you can use mirrors to bounce light around the room and make your space look brighter by placing them opposite the light source. Place a mirror behind the sofa if you want to create an illusion of space in a small room.

Change the Lighting

Changing the lighting can make a huge difference to a room and it is not difficult to do. If you want to make your room look cosy and welcoming, invest in a couple of table lamps, and use these instead of your main light. This will create a traditional feel in the room, especially if you use vintage-style lamps. To create a more modern atmosphere, bright lights work well, so use spotlights placed around the room and position them on any focal points you want to create. For the best of both worlds, a dimmer switch is a good idea. This way you can change your lighting to match your mood.

Try some of these beautiful ways to upgrade your home and see how much difference they can make to your living space.

Author: Ryan Byrne

If you are serarching for the cheapest houses, have a look at our listings.

Five Ways to Make a Dark Room Appear Brighter

If you live in a house that is naturally dark, you may find it affects your mood. Dark rooms also feel colder than a bright, open space, even if the room is actually the same temperature. With rising gas and electricity costs, you could find that investing money in making your room brighter saves you money in the long run.

Choose Bi-Fold Doors

Bi-fold doors have become increasingly popular in recent years and one of the reasons is that they allow light to flood into a room. If you have a room that backs onto a garden, bi-fold doors could be an ideal solution to making a dark room brighter. Not only that, but it also makes your garden a more useable space that feels part of your home and increases the sense of flow which is so important in making a house feel roomy.

Add Skylights

Adding a skylight window (also sometimes called a flat roof window) will instantly make a room lighter and brighter. Roof windows are an excellent choice for extensions and there are a range of options available from budget choices to luxury products. Whether you’re watching the clouds float overhead, enjoying radiant sunshine or listening to the pitter patter of raindrops, you will feel closer to nature and be able to appreciate the glow, for flat roof windows bring both style and light to a room.

Mirror Magic

A strategically placed mirror can make a huge difference to the light level in a room. To take best advantage, hang a mirror opposite a source of natural light such as a window or door. This clever trick reflects the light around the room, making it appear brighter and more spacious – no wonder interior designers have been using this trick for years! For anyone on a tight budget this is well worth a try and also adds a feature to a wall that needs livening up.

Go All White

A pale colour palette is another go-to move for interior designers looking to make a space seem brighter. Brilliant white walls will reflect light and make a space seem airier, but if a room is particularly dingy, you may want to take things further with white flooring and furniture. Painted floorboards are on-trend right now and are an affordable option for people wanting a quick fix.

Avoid Clutter

Cluttered spaces and heavy, dark furniture can make a space feel cramped. If you think your belongings could be draining your space of much-needed light, it could be time for a clear out. Set aside a day to decide what can be got rid of and list on online selling sites or donate to charity. A minimalist approach isn’t for everyone, but it creates a brighter, streamlined look that will benefit a dark space.

Whichever option you choose, enjoy the benefits of extra light in your home. Not only can it boost your mood but it can also make you feel a renewed sense of pride for your living space.

Author: Ryan Byrne

If you are serarching for the cheapest houses, have a look at our listings.

Budget Friendly Homes In US: The Best Deals Under $300K

It should come as no surprise that affordable real estate is becoming harder and harder to come by. With the recent market inflation that drove the median home price up by nearly 45% from the end of 2019 to the end of 2022, it’s getting increasingly difficult to find a home that fits within a budget.

Fortunately, there are still several states in the US where you can find real estate for a excellent price. From coast to coast, the country is dotted with amazing towns and cities that offer affordable housing. Here are just a few states to find homes under $300,000:

Iowa

Featuring some of the most affordable real estate options in the country, the Hawkeye State is an excellent place to find homes for sale that won’t break the bank. The median home price in Iowa falls around 150K, which is roughly only 10% of the median household income. While there are a number of small hamlets and tiny towns peppered throughout the acres of farmland, quickly growing citites such as Des Moines and Cedar Rapids offer big city options as well.

Top Citites in Iowa with Affordable Real Estate:

West Des Moines | Median Home Price: Approx. $270K

Considered one of the best places to live in Iowa, West Des Moines is a well-balanced urban suburban community. There are a number of quiet, family-friendly neighborhoods as well as a wide variety of bars, restaurants, coffee shops and more. Located just a few miles from neighboring Des Moines, West Des Moines is also a great option for commuters.

Sioux City | Median Home Price: Approx $190K

Found in northwest Iowa, Sioux City acts as a boarder to not only Iowa, but Nebraska and South Dakota as well. Home to roughly 85,000 people, budget-concious house hunters will be sure to find a bargin. From cozy bungalows to mid-sized single-family homes, there is also a healthy amount of variety to be found in the Sioux City real estate market.

South Carolina

The Palmetto State is an excellent destination for home buyers looking for affordable real estate opportunities. With its mild climate, beautiful beaches and an overall lower cost of living, South Carolina is a place to find more than just amazing deals on homes for sale.

Top Cities in South Carolina with Affordable Real Estate:

Lake Greenwood | Median Home Price: Approx $270K

Despite seeing a slight increase in median home price since 2022, Lake Greenwood still offers a plethora of homes for sale under $300K. There are just over 22,000 people who enjoy the beautiful city where one will find a perfect blend of amenities as well as outdoor recreational space.

Spartanburg | Median Home Price: Approx $290K

Another great location in South Carolina to find low priced real estate is Spartanburg. Set just north of Croft State Park, Spartanburg is a thriving and charming community that is steeped in history. Mixed throughout town, househunters will find a number of mature neighborhoods that are filled with large trees and quiet streets.

Michigan

Michigan is another state that stands out when it comes to budget-friendly real estate. From Detroit to the Upper Peninsula, there are a variety of cities and towns where you can find homes for under $300K. Michigan residents are also able to take advantage of an income tax credit program, which makes it even easier to stay within budget while shopping for a home.

Top Cities in Michigan with Affordable Real Estate:

Kalamazoo| Median Home Price: Approx $200K

Kalamazoo is often touted as one of the best places to live in Michigan, and with its vibrant downtown scene, it’s easy to see why. There are a variety of homes available in the area from charming older cottages to newer townhomes. Kalamazoo also provides residents with an array of cultural experiences that can’t be found elsewhere in the state.

Traverse City | Median Home Price: Approx $250K

Tucked away on the coast of northern Michigan, Traverse City is an amazing town with a lot to offer. From incredible views of Lake Michigan and its own microbrewery scene to outdoor activities such as kayaking and mountain biking. Traverse City is a great option for those seeking a great home, an adventure on their budget.

As you can see, despite what market conditions may seem, the country is still filled with plenty of towns and cities that provide exceptionally priced homes. Regardless of if you are a first time homebuyer looking for a chance to break into the market, or a repeat buyer looking to maximize your budget, there is no shortage of locations to consider.

Do your research, start touring homes and you may be pleasantly surprised at the number of amazing hidden gems that are out there for the taking. Be patient, plan and budget properly, and you’ll find yourself in a new home sooner than you think.

Author: Shannon Quantock

How To Buy A Condo In The US and Rent It Out Fast

Buying a condo is a fantastic idea if you are looking to downsize from a large home or if you want to get a bit of an upgrade from a boring apartment. They have started to become more and more popular in the last few years, with so many people choosing to deal with a smaller place instead of worrying about all the extra repairs that might come along with owning a house. If you have thought about investing in some condos to use as rental properties, you should have a look at this great article to find out how to buy a condo in the US and rent it out fast.

Condo Market In US

Current State of the Condo Market:

There are around 5 million condos in us which made it a billion dollar market. According to the National Association of Realtors (NAR), condos and townhouses accounted for 14% of all existing-home sales in 2022, up from 12% in 2021. This increase can be attributed to several factors, such as affordability, low maintenance, and urbanization. Tucson, Philadelphia, Oklahoma City, St. Petersburg and Torrignton are the five most demanding area to run rental condo business.

Condos are often more affordable than single-family homes, making them a popular choice for first-time homebuyers and downsizing seniors. Additionally, condos require less maintenance than a house, as the condo association is responsible for common areas and exterior maintenance.

Trends in the Condo Market:

One of the biggest trends in the condo market is the shift towards urban living. With more people moving into cities, the demand for condos in urban areas has increased. Developers are responding to this demand by building more high-rise and mid-rise condo buildings in urban centers. Another trend in the condo market is the rise of luxury condos with exclusive amenities, such as rooftop pools, fitness centers, and concierge services. These amenities can help differentiate a condo building from its competitors and attract high-end buyers.

Steps To Follow To Find and Rent Out A Condo Fast

Step 1: Figure out your budget and what you want to look for

Once you figure out how much you want to invest, you will be able to quickly narrow down the areas you are less likely to purchase. Condos can vary quite a bit in price from state to state, so think about how much you want to spend before you start looking. If you don’t know the exact number, talk to a financial expert, and they will be able to help you figure out what your finances will look like before you consider making a large investment.

Step 2: Figure out who you need to talk to

If you are buying a condo from an area that you are not local to, then you will likely need to work with a realtor to ensure that you are getting every step completed. Some places require you to work with a local property manager to ensure that your condos are being well taken care of, so you might need to consider talking to a property manager that works for the building. This all depends on what is required by the area you are purchasing from, so do as much research as you can to ensure you are meeting all of the requirements.

Step 3: Make sure it’s worth it

If you see a fantastic price on a newly listed condo, you should make sure it’s going to be worth your money before you get too excited. The property value is much more important than you think, so have a look at whatever you can find out about the building it is located in. Some condo buildings are rife with issues that give them a bad reputation, and investing in these units will likely make you lose money. Check out the average prices for condos in the neighborhood and look up reviews on the building so you can see if there are any significant problems that might turn your investment sour.

Step 4: Check out the neighborhood

One tip that is great for investors is to consider what the entire neighborhood looks like so you can get a better idea of what the property values will look like in the future. Places like Torrington are full of new stores, which shows the area will continue to rise in popularity, and that is great if you are looking to sell a condo in the future. If the neighborhood looks like it hasn’t had a new store in the last decade, then you should probably avoid it. These neighborhoods often deter new residents, so it will be much harder to rent out the condo, even if the building itself is in excellent condition.

Step 5: Finalize the sale

Once you have found a condo you like, it’s time to make an offer and finalize the purchase. You can work with your realtor and decide what is a good price to offer but make sure you use the research you have done on the property value to decide on your final offer. A realtor will be able to help finalize the sale and pass the ownership over to you, even if you don’t live in the same town. Once you have finalized all of your paperwork, you can start getting your new condo ready for potential buyers.

Step 6: Make it look great

After you have made your final purchase, you will likely want to do whatever you can to make sure it is rented out as soon as possible. If the condo is empty, consider hiring a professional to come in and stage it for photos so new renters can get a better idea of what the space will feel like. Homes that are staged rent far quicker than those that are left empty, and you will likely have a much larger renter pool to choose from if the condo is more appealing to a wider group of people.

Step 7: Market it right

Now that you have gone through the purchase process, you can start to consider what you will need to do to make your condo appealing to new renters. Most buildings won’t allow you to make major changes, but you can still do the best you can with what you have by hiring a professional to give it a good image. Talk to a local photographer or videographer to get some great shots and video tours of the condo to make sure the listing stands out among others.

Step 8: Keep up with it

One major mistake many investors make when it comes to rental properties is forgetting about keeping up with them. If you can’t get there all the time, ask your property managers to give you updates on whatever they need to so you can make sure you are on top of things as much as you can be. There’s nothing like hearing a renter is moving out because of issues that could have been prevented if you had decent communication with your property manager. Do your best to stay updated on any issues or problems that might come up, so you can get them sold as soon as possible.

Renting out a condo is one of the best ways to make a bit of extra income, and condos have become more popular than homes in many metro areas. They have become popular all over the country, with so many people choosing to reduce their overall expenses and ditching their large homes for smaller spaces which makes them perfect for anyone that is looking to invest. If you want to invest in some condos, now is one of the best times to do it, and there are plenty available all over the country, so you can find one (or a few!) that will fit your budget.

Author: Shannon Quantock

Co-Living In New York City: What It Is And Why Is It So Popular?

Living in New York City can be a dream come true, but it often comes with a hefty price tag. Coliving is an option that has become increasingly popular among those looking to make their NYC dreams come true without breaking the bank. Picture it like this: you get the best of both worlds – living in one of the most vibrant cities in the world, while still keeping your expenses low and having access to all the amenities necessary for success. In this article, we’ll explore what co-living is, why it’s so popular in New York City, and how it could be beneficial for you.

Co-living provides people with furnished apartments and shared common spaces at more affordable prices than traditional apartment rentals. It also eliminates many of the inconveniences associated with finding housing, such as long application processes or brokers’ fees. Instead, tenants sign up online and are able to move into their space quickly and easily – perfect for anyone who needs flexible living arrangements. Plus, there are plenty of perks, like weekly cleaning services, private rooms, social events, fitness classes, grocery shopping services and even pet care!

The popularity of co-living in New York City continues to grow due to its affordability and convenience. Not only does it provide tenants with flexibility when renting short-term stays or longer leases, but co-living communities also offer support networks full of like-minded individuals from all walks of life – something valuable in any large city where loneliness can easily creep in if left unchecked. With these benefits combined, it’s no wonder why so many are choosing co-living over other forms of rental options available on the market today.

What Is Co-Living

Co-living is becoming increasingly popular in New York City. Take the example of Michelle, a 27-year-old software engineer who moved to NYC from San Diego and was looking for an affordable place to live. After discovering co-living, she decided it would be perfect for her needs, as it offered both flexibility and affordability.

So what exactly is coliving? It’s a way of living where people share common amenities such as kitchen, bathrooms and living areas while also having personal space like their own bedroom with access to private spaces when needed. This type of lifestyle offers residents many benefits, including cost savings due to shared expenses, convenience because of close proximity to other services, greater social interaction through shared communal activities and more autonomy compared to traditional rentals or leases. Co-living has become so popular because it provides tenants with all the comforts of home without breaking the bank.

Co-Living Companies In NYC

Co-living in New York City has become popular due to the increasing demand for affordable housing options. There are several reputable coliving companies operating within the city that offer tailored living arrangements, from fully furnished homes to flexible leases and amenities like laundry services, gym access, and more. Let’s explore some of these companies a bit further:

Common: Common is one of the most recognized names in NYC’s co-living landscape. They have several locations throughout Manhattan and Brooklyn, each boasting onsite management teams as well as common spaces for residents to enjoy. Additionally, they offer flexible lease terms with no long-term commitments required.
Coliving: Another big name – they strive to provide a modern alternative to traditional rental apartments by offering convenient amenities such as housekeeping service and weekly social events. Plus, their units come equipped with all kinds of smart home technology, so you can control your environment right from your phone!
SharedEasy: Another coliving company worth mentioning. SharedEasy currently has 11 fully-furnished apartments in New York to choose from. They are also offering access to unlimited coworking spaces in Brooklyn and Manhattan. SharedEasy is definitely a go-to housing solution for short-term and long-term stays in New York City.

These are just three examples among many; there are plenty of other great co-living companies operating in NYC who specialize in different areas depending on what kind of experience you’re looking for. Regardless of which company you choose, though, rest assured that you’ll be able to find an affordable place to call home while enjoying all the perks associated with communal living.

No matter why people choose it—whether it’s for convenience, affordability or community—coliving offers something special for everyone who takes part. Its continued popularity speaks volumes about its ability to meet our needs, both practically and emotionally. Let’s take a look at some of the benefits now…

Benefits Of Co-Living

The trend of co-living in New York City has taken the world by storm. With its numerous benefits, it’s no wonder why so many people are choosing to make this their home. Let’s take a look at some of the top advantages of co-living:

Cost Savings – The rental cost for co-living spaces is generally much lower than renting an apartment on your own. Since you’re sharing common living areas with other tenants, you can save money without sacrificing quality or comfort. Plus, there are often discounts offered for longer stays and group bookings!
Community – Co-living provides more opportunities to meet new people and build relationships than traditional apartments do. You’ll be able to socialize easily with like-minded individuals from diverse backgrounds who share similar interests as you. This makes it easy to find friends and form meaningful connections quickly, while also having plenty of privacy when needed.
Convenience – As most co-living arrangements offer furnished rooms, all you need to bring is your personal items and clothes. There’s no need to worry about buying furniture or finding appliances since these will already be provided for you. Additionally, amenities such as laundry facilities and housekeeping services may also be available, which saves time and energy.
Flexibility – Being able to move around freely is one of the major appeals of co-living rentals compared to long-term leases tied down by contracts. It allows greater freedom if plans change or life takes unexpected turns, since both short and long-term agreements are usually accepted by landlords depending on what works best for them and their tenants’ needs.

So, whether it’s due to financial reasons, convenience factors or just wanting a sense of community, there seems to be something that draws everyone towards this lifestyle choice in NYC – making it become increasingly popular over time. All these perks come together nicely, giving renters the chance to experience comfortable living at affordable prices…

Average Cost Of Co-Living In NYC

The cost of co-living in New York City is an important factor to consider before making the decision to move there. Depending on how many amenities and features you want, prices can range from quite affordable to more expensive than renting a traditional apartment. Let’s take a look at the average costs for co-living in NYC.

On the lower end, one bedroom shared living spaces start around $1200 per month, with some going as low as $900 for basic rooms without extras such as a kitchen or bathroom facility.

For two bedrooms, expect to pay anywhere from $2000-$3000 monthly, depending on location and amenities offered. A good rule of thumb when budgeting is that each additional person will add up to 20 percent onto your rent bill, so if you’re looking for three people sharing an apartment it could be upwards of $3600 per month.

If you’re seeking luxury accommodation within communal living, then these numbers may increase even further; however, they still tend to remain competitive compared with other rental options in the city.

Popular Neighborhoods For Co-Living In NYC

Co-living in New York City is becoming increasingly popular due to its affordability and flexibility. With the right knowledge, you can even find yourself living in some of NYC’s trendiest neighborhoods at a fraction of the cost of traditional renting. So what are some of the most popular places for co-living in NYC?

From Brooklyn Heights to Crown Heights, Bed-Stuy to Astoria – there are plenty of great spots that offer excellent amenities and easy access to public transportation. The Upper West Side is also an ideal location for those looking for a more spacious home with lots of character and style.

You’ll find many new developments offering luxurious apartments with all the latest features, like rooftop pools, fitness centers, and laundry services. For those who want something closer to Manhattan, Harlem is quickly becoming one of the city’s hottest destinations – it has everything from chic cafes to trendy art galleries and live music venues. Plus, you won’t have far to go if you need to get into Midtown or Downtown!

The best part about these locations is that they provide an opportunity for people from different backgrounds and lifestyles to come together and share experiences without having to sacrifice their own individual preferences or budgets. Whether it be a hip apartment building in Harlem or a luxury condo on the Upper West Side – co-living provides residents with an affordable way to enjoy all that New York City has to offer without breaking the bank.

Advantages Of Co-Living Over Traditional Renting

Living in the hustle and bustle of New York City can be a daunting prospect for many, but co-living offers an exciting alternative. It’s a unique concept that has exploded onto the scene in recent years and is now one of the most popular housing trends in NYC. Let’s take a closer look at some of the major advantages of co-living over traditional renting.

For starters, co-living is incredibly convenient. You don’t have to worry about so much of the tedious paperwork you’d normally need when signing up for an apartment rental contract.

Co-living also helps reduce costs by combining rent payments between several people, meaning more money saved! In addition, basic amenities are usually covered as part of your stay, such as utilities, Wi-Fi access, cleaning services etc. – making it ideal if you’re on a tight budget or just want to save time from having to set all this up yourself.

Furthermore, living with other people provides extra security and support, which is great news for those wanting to feel safe in their home environment.

Co-living also brings together like-minded individuals who often become friends and form strong communities within their residences – something that traditional rentals simply cannot offer. This means you get to make new connections while enjoying shared spaces such as kitchens, where there’ll always be someone around to talk with or even share meals with!

Disadvantages Of Co-Living

When it comes to renting out a space in New York City, co-living is becoming increasingly popular. But as with any type of living arrangement, there are certain disadvantages associated with this style of living that must be considered before taking the plunge.

The first major disadvantage to co-living is the lack of privacy. Living in close quarters can create an uncomfortable feeling for some people who are used to having their own private spaces and personal time. In addition, sharing bathrooms and kitchen facilities with many other individuals can lead to disagreements over cleanliness or availability of resources.

Another downside to co-living arrangements is the potential for increased noise levels. With so many people living together under one roof, sound will travel from room to room, making it difficult for anyone living there to get much peace and quiet. Furthermore, disputes between tenants may arise due to differences in lifestyles or interests which could disrupt everyone’s experience living under the same roof.

Finally, since co-living is typically a short-term rental option, renters won’t have the security of knowing how long they’ll be able to stay at the property – again leading to uncertainty about what lies ahead.

Here are four key points summarizing these drawbacks:

Lack of privacy
Potential disagreements over hygiene/resources
Increased noise levels
No guarantee on length of tenancy

It’s important for prospective residents considering entering into a co-living arrangement to weigh up all factors carefully before committing – both advantages and disadvantages – if they want their experience with communal living to ultimately be successful!

Conclusion

In conclusion, co-living in New York City has become increasingly popular and is an attractive alternative to the traditional renting market. It offers a number of benefits that make it appealing for those looking for a communal living experience with high levels of convenience, camaraderie, and affordability. Co-living spaces may come with some drawbacks, such as limited privacy and personal space, but these can be outweighed by the advantages.

To illustrate this point: I recently stayed at one of NYC’s most popular co-living companies, which was conveniently located near my favorite restaurants in Brooklyn. During my stay, I enjoyed socializing with other guests while also having access to private bedrooms when I needed time alone. The cost was far lower than if I had rented an apartment solo, making it much more affordable for me during my visit. Experiences like mine are why so many people have embraced co-living in NYC – it provides flexibility and affordability without sacrificing community or style.

Author: James Johnson

6 Unusual Household Noises And What They Might Mean

Hearing unusual sounds around the house can be alarming, and many times they aren’t cause for concern. However, any homeowner should be diligent about sounds around the house, particularly new or unusual ones that start happening out of the blue. Some sounds might need that some routine maintenance might be required, while others might indicate a potentially serious issue.

If you’re concerned about a noise in your home, the best thing you can do is try to locate the source of the noise. At the very least, try to pinpoint the exact spot in the house where it occurs. Knowing where the sound is coming from is vital to finding out what is causing it and helping you find the right professional to check things out. Never ignore a new or unusual sound, as this could be an indicator of a more serious underlying issue that requires urgent attention.

Scratching In The Walls

Scratching in the walls can be a creepy noise to hear in the house and might mean you have some uninvited guests. Pests can get into the wall cavities of the home and can be a real challenge to get rid of. There are other signs of pests to watch out for, in addition to scratching or squeaking in the walls. Pests like mice, rats, and birds might make the tell-tale scratching in the house. If you’re worried you have pests, you’ll need to hire a professional pest removal service to ensure the problem is taken care of thoroughly.

Whistling Windows

Whistling windows may mean that there is a draught coming through from worn, broken or poorly fitted windows. Depending on the severity of the draught, you may need to consider replacing the windows entirely. This is particularly vital if the glass is damaged in any way. If it is the seal around the window that is causing the whistling, then you can usually fix this issue using sealant bought at your local DIY shop.

Banging From The Radiator

Banging in the radiator is often caused by air being trapped in it. This can also result in the radiator not warming up properly or not warming up at the top. Fortunately, there is a simple solution for this noise. Bleeding the radiator will normally allow the trapped air to escape and the hot water to return to the radiator. This should resolve the issue of the noise and lack of heat in the radiator, though if the issue persists, it is best to consult a professional plumber.

Buzzing Around Lights And Outlets

If there is a buzzing sound that’s coming from around an outlet or light, then you could have an issue with your wiring. This could be as simple as a loose connection or something more serious. Either way, it is vital that you get in touch with a professional electrician as soon as possible. Loose wiring and other electrical issues can be a fire hazard, so you should turn the power off to any fixture or outlet that is buzzing. MyBuilder is an excellent way to find a suitable electrician in your area with a review system so that you can be sure you’re getting the very best.

Gurgling From The Pipes

Gurgling pipes can be a sign that there is a blockage in the pipes. When there is debris or clogging in the pipes, it prevents water from flowing easily along. Air bubbles may get trapped and released, causing the gurgling sound in your pipes. This is an issue that should not be ignored, and you’ll need a professional plumber to take a look and run some diagnostic tests as soon as possible. A blocked drain can result in serious complications like a burst pipe or flooding.

Rustling Gutters

Rustling in the gutters can have a few causes, but the most common are blockages or birds nesting. A blockage in your gutter can cause a rustling sound as water moves around the blockage or spills over onto the ground. A blockage should be cleared out as soon as possible by a professional with experience working at height and with guttering. If the rustling is caused by birds nesting, you’ll need to wait until the nest is no longer in use and find a suitable professional to humanely remove the nest from your guttering.

Conclusion

It is better to be safe than sorry when it comes to unusual sounds in the home. If you have concerns about any noises, you should get them checked out immediately by a qualified professional. It might take some time to determine the exact cause of the noise, and you may need to bring more than one tradesperson in to investigate. You should never ignore a new noise, no matter how innocent it appears to be. Strange noises are often the first warning sign of something more serious going on.

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What Does A High-End Home Renovation Cost In Major US Cities

Home renovation cost in major cities isn’t just higher than the average, and it’s also very tricky to pin down a consistent figure. To understand the cost, you’ll often have to break it down to the smallest units possible.

Typically, any high-end home renovation project cost will range from $75,000 to $150,000 and above. For major real estate cities like Boise, Houston, Dallas, Las Vegas, Atlanta, and more, the cost can be $5,000-12,000 higher. Cities like Atlanta and Las Vegas will have higher costs due to high labor and installation fees.

To help you learn about high-end home renovation projects and their costs, I’ll talk about the details of 4 of the most common high-end home renovations in the 5 best real estate markets in the US. Read on to know what you need to take control of renovation costs and quality.

Top 5 Major Cities With The Best Real Estate Markets In 2022

To understand home renovation costs in major cities, we’ll need examples to look at. For this purpose, I’ll be using the data of the best 5 real estate markets in major cities. In 2022, these are considered the best 5 real estate markets in the US.

Boise, Idaho.
Houston, Texas.
Dallas, Texas.
Las Vegas, Nevada.
Atlanta, Georgia.

While each of these markets has unique advantages, they all excel in the conditions required for a healthy real estate market. These markets have powerful economies, great employment rates, great locations and neighborhoods, consistent rents, large inventories, and stable median prices with rising value.

4 Common High-End Home Renovations In 2022, And What They Cost

In 2022, high-end home renovations are made for both comfort and increasing value. Thanks to real estate prices seeing over 30% increase in 2019-2022, every buyer considers their home to be an investment. The 4 most popular high-end home renovation choices in 2022 are these.

Kitchen remodeling.
Adding a bathroom.
Adding a bedroom.
Installing smart HVAC.

Kitchen Remodeling

Remodeling the kitchen is the highest priority high-end renovation project in 2022. A modernized kitchen attracts 12% more millennial buyers and can increase sales prices by over 10%. With luxury houses, over 82% of buyers look for an outdoor kitchen or access to outdoors from the kitchen.

It’s recommended to spend 5-15% of the total home value on remodeling your kitchen. The longer you plan to stay in your home, the more you should spend on the remodeling project. Remodeling the kitchen is typically a complex, convoluted, and expensive project. But typically, this high-end home renovation includes these touch-ups.

Upgrading The Sink: Adding touchless soap dispensers, removable sink strainers, a larger sink, garbage disposal, extendable and multi-spray mode faucets, and mountable drying racks and boards are all considered must-haves in a modern kitchen. This can cost from $1,200-3,800.
Replacing The Flooring: Replace old, cracked tiles and gout with either hardwood, wood-effect laminates, or concrete for an aesthetic, stable, long-lasting kitchen floor. Depending on what material you use, it’ll cost $5-30 per square foot.
Refacing Cabinets: Refacing older-looking cabinets for a modernized, minimal style can give kitchens a new life. You can choose from laminate to wood veneer, costing from $3,000-10,000.
Replacing Lighting Fixtures: Older lighting fixtures are power inefficient and not ready for smart operations. You can replace them with energy-saving, smart, stylish track lights that provide better lighting and save you money. This can cost from $338-885.
Replacing Countertops: Steel and laminate countertops stain and show gouges and scratches with time. Replacing them with granite countertops ensures you have spotless countertops with very durable material. Granite countertops can cost $50-140 per square foot.
Updating The Appliances: 90s kitchen ovens and fridges are sturdier, but you rarely get so lucky to find these at your home. In most cases, older appliances waste energy, don’t have automated functionalities, and look out of place. Replace them with smart, energy-saving, multifunctional appliances to make your life easier. You can spend up to $8,000 on appliances for your kitchen.
Outdoor Access: To create more room in your house, it’s recommended to connect your kitchen to the outside space. You can achieve this by removing non-load-bearing outer walls around the kitchen and extending the kitchen space into a patio. Wall removal can cost $3,500-7,500, and building a patio can cost $3,000-8,000.

The average cost for remodeling the kitchen is $31,000. However, this home renovation cost in major cities is mostly higher than the average. Here’s the average in the top 5 real estate markets.

A full kitchen remodeling can cost up to $150,000 in Atlanta.
The expected cost in Las Vegas is around $41,523.
The average cost in Boise is $40,000.
It can cost around $35,000 in Huston.
The cost in Dallas is around $30,000.

Adding A Bathroom

Adding a bathroom has only a 47.7% investment recovery rate, whereas a proper bathroom remodel can raise property value by 5-10%. But this upgrade is all about comfort and making sure you don’t have to inconvenience yourself if guests come. Having more bathrooms than bedrooms is considered a luxury must-have, and many luxury homes in Boise provide this feature.

It can cost from $35,000-42,000 to add a new bathroom to your home. This range would cover a bathtub, shower, sink, and toilet. But if you include smart water temperature control, additional plumbing, detachable faucets, shower doors, etc., the cost can shoot up to $50,000. On average, this home renovation cost in major cities comes up to $100 per square foot.

This is how much a no holds barred bathroom addition would cost in the best 5 real estate markets.

The cost of adding a bathroom is around $64,000 in Atlanta.
Adding a bathroom would cost $50,796
In Dallas, it costs around $36,000.
In Huston, adding a bathroom would cost $35,500.
It costs around $34,400 in Boise to add a new bathroom.

Adding A Bedroom

For a home with a selling price of $500,000-1,000,000, a new bedroom can add $50,000-80,000 to that price. A basic 15×15 basic bedroom set up on the ground floor can cost $22,500 and will provide a 53% or above ROI. So, it’s often considered a good move for adding value to your home, but different circumstances can increase the cost more.

For a basic bedroom setup, the cost per square foot ranges from $100-200. This rate range remains consistent in every city. However, if you want a bedroom on the second story, then the cost per square foot goes up to $300-500. Additionally, adding better flooring, smart lighting and heating systems, and a bathroom to the bedroom will add upwards of $100,000 to your cost.

Let’s take a look at how much adding a bedroom costs in the best 5 real estate cities. We’ll look at the average cost of the basic ground bedroom addition and the possible price for a luxury bedroom setup.

In Atlanta, a basic bedroom on the ground floor would cost $225. For a luxury bedroom with a bathroom, it can cost $357,000.
Ground floor basic bedrooms cost $188 in Las Vegas, and luxury bedrooms without bathrooms cost up to $114,526.
In Dallas, the cost of a ground floor basic bedroom is $124 per square foot. A luxury bedroom would cost upwards of $80,994.
In Huston, a ground-floor basic bedroom costs $153 per square foot. For a luxury bedroom, you have to spend around $74,300.
A ground-floor basic bedroom in Boise would cost $112 per square foot. For a luxury bedroom set up with a bathroom, you’d have to spend up to $100,000.

When considering a bedroom renovation, it is important to factor in the resale value of your home. In Boise, homes that have been updated with new bedrooms tend to sell for 5-10% more than their original asking price. Therefore, if you are planning on selling your home in the near future, it is worth investing in a bedroom renovation.

Basic bedrooms will increase your ROI from your home, but luxury bedroom setups will take time to recover from. The best combination seems to be basic ground-floor bedrooms with simple bathrooms, which can provide nearly 60% ROI.

Installing Smart HVAC

Installing smart HVAC infrastructure is one of the highest home renovation costs in major cities. Smart HVAC has had a below 40% cost recovery rate and can take up to 7 years to truly consider paid off. However, since 2019 smart HVAC has become appreciated, attracting buyers and providing extra value to the house.

Here’s a breakdown of what smart HVAC can cost for each component in the infrastructure.

Furnaces can cost $2,000-5,400 per unit.
Central air conditioners can cost $2,500-7,500.
Passive floor heating can cost $1,500-6,000.
Ductless mini-split HVAC can cost $3,000-10,000
Boilers can cost $2,200-10,000.
Baseboard heaters cost $400-1,200 per unit.
Heat pumps can cost around $3,800-8,200.

Each of these component costs also includes the installation cost. However, if you install a complete smart HVAC system, the installation cost can be $8,000-12,000. All of the 5 target real estate markets are within this range, with Atlanta and Boise pushing toward the higher end. The cost of smart HVAC differs based on what brand you buy the components from.

Conclusion

Home renovation costs in major cities are higher, but it’s also an investment. Spending within the ideal range increases the value of your home in powerful real estate markets and provides high ROI. But you can achieve similar results without spending if you choose to DIY your projects and source your materials.

5 Benefits of Using Construction Design Software

Construction design software helps construction companies plan, manage, and monitor the progress of their construction projects.

This technology has been around for quite some time now. But it was not until recently that these programs could provide the kind of information that companies were looking to use. This technological shift made it easier for companies to make data-based decisions and get more accurate estimates.

It offers many different features, such as project management, scheduling, cost estimations, and reporting. It also provides a way for construction companies to automate their processes to focus on other aspects of the company instead of spending time on manual tasks.

There are many benefits that construction design software gives its users. If you’re hesitant about investing in one and incorporating it into your workflow, then this article can help. Here we’ll cover five benefits of using construction design software for your business.

Simplifies the management process

Construction design software has features that are similar to that of construction project management software. It simplifies the process of managing a construction project by providing all the necessary information, tools, and insights in one place.

In addition to helping with management, it also helps with planning and tracking progress on a given project. Construction design software also helps in creating better designs that are more cost-effective and efficient.

In recent years, there has been an increase in the use of construction design software tools as they are becoming more accessible. The additional benefits of using this type of software are:

better communication with contractors
improved budget allocation
easier scheduling
reduced risk and cost
increased productivity
faster project-planning time

If managing construction design projects is tedious, consider investing in design software to help you.

Automation of the Design Process

There are many ways to automate the design process, and one of the most convenient ways to do so is by investing in enterprise construction software.

It is a tool that can help architects and engineers to design buildings, bridges, and other structures with ease.

Building designs have many advantages, such as reducing labor costs by automating tasks like drawing floors or walls on a computer program rather than using paper drawings which may be more expensive.

There are many different types of construction design software available to choose from. The main difference between these different types is how they automate the design process and what they specialize in.

The automation process starts with creating 3D models of the construction site where you will build the building. The building designer then uses these models to generate 2D drawings, which you use as a basis for actual construction work.

Helps clients to visualize the design

The construction design software is a tool that helps clients visualize a construction project’s design. The software uses 3D visuals to help clients visualize the design of their projects. It also provides them with options and suggestions on what they can do to improve their technique.

The most popular tool among these for visualization purposes is 3D rendering, which has been in use for a few years, which professionals and consumers have accepted as an effective method for visualizing complex projects.

Helping clients visualize the design will reduce dissatisfaction during construction, which you don’t want because it can lead to delays, additional costs, and many more.

Accurate budget estimations

Construction design software is a powerful tool for budget estimations. It uses algorithms to calculate the cost of a project and generate accurate budget estimations.

This feature helps to cut down on time it takes to get accurate estimates of the budget for a project. It also helps get an idea of how much time and effort it will take for a contractor to complete the project.

It can also provide the necessary information for the construction team to decide which materials and methods to use.

Remote Access

Construction design software can give you remote access to a construction project. It allows you to create 3D models and share them with clients and stakeholders.

This software also helps you create a virtual walkthrough of the construction site, which people worldwide can view. This feature is helpful for both the client and the contractor, as it makes it easier for them to understand what is happening in real-time.

Construction design software has many uses in today’s business world, including:

saving time by providing remote access
reducing costs by allowing contractors to work remotely
improving communication between contractors and clients or stakeholders

It provides real-time updates on the construction progress and data analytics for better decision-making. In addition, it also allows you to see your design before it is built and make changes anytime and anywhere.

Construction design software is an investment that can help make your life a lot more convenient in the long run. Although it is an expenditure, the time and effort it saves you are well worth the money you spend on it. Therefore, if you find reliable construction design software and feel like it’s time for your business to invest in one, don’t hesitate.