Check out the Colorado 2021 Market stats to end the year. Higher median closed price, lower average days on market, and fewer months of inventory. Questions on what this means for you as a buyer or a seller? Give me a call at +1 (720)436-1123. Dan Pearsons and I can help answer any of your Real Estate questions. Or learn more at laraconrad.evrealestate.com
HOME TEAM HOME INSPECTION has rounded up some helpful articles for homeowners. Read on for ways to determine if your pipes need repair, tips on how to prepare your home for winter, how plants can improve your health, and suggestions for refinishing hardwood floors.
7 signs your water pipes are in trouble
While spending more time at home, you’ve probably started noticing repairs you need to make. You may have even tackled a few projects to improve your home. However, there are some home improvements you might not consider, because they’re hidden until they reach their breaking point – like your home’s plumbing system.
You rely on the pipes to bring safe water into your home for cleaning, laundry – and drinking – every day. Unfortunately, you can’t usually tell something is wrong until they leak, creating water damage costing thousands of dollars.
The good news is, there are signs that indicate it’s time to repipe your home. And when you do it right, that one project can save thousands of dollars and lots of future headaches by preventing leaks, water damage – and unsafe drinking water.
Here’s what to look for:
1. Is your home over 50 years old?
If the original pipes weren’t replaced, repiping is a good idea – before large-scale water damage occurs. Older homes typically used galvanized pipes prone to corrosion, leaking and bursting.
If your house was built even earlier – around the 1920s – the pipes were probably made of polybutylene and/or lead. These materials are dangerous and should be replaced immediately. Polybutylene is highly prone to breaking and leaking, so it’s only a matter of time before a serious problem occurs. And lead seeps into drinking water, which can cause serious health problems for your family.
2. Do you have low water pressure?
When pipes contain rust or mineral buildup, it eventually restricts water flow into the house. By the time it affects your water pressure, it’s the result of years of buildup – a clear sign repiping is needed.
3. Have you had leaks?
Bigger problems start small. If you’ve welded or patched leaks in small sections of pipe, this can indicate your entire system is at risk.
4. Do you see a problem?
Stains, flaking, indentations or rust on the pipes signals corrosion. Corroding pipes may leak and should be replaced. Rusty pipes can also turn water reddish or brown, indicating the need to repipe to make your water healthy to drink.
5. Does your water taste or smell bad?
An unappealing smell or taste may also mean your water is unsafe, because of a breakdown of your pipes. It’s best to have them inspected immediately – and drink bottled water in the meantime.
6. Is it making odd noises?
If your plumbing rattles, clanks or bangs, this is a sign of a larger problem. You should have your pipes checked right away.
7. Does it run hot and cold?
If your shower quickly switches from icy cold to burning hot, corroded materials may have broken off inside the pipes and jammed the anti-scald device or valve regulating your water temperature.
If any of these signs sound familiar, take action and get help. Each house is different, requiring a unique repiping solution.
Experts should do a thorough site analysis first, checking your home for signs of leaks, such as moisture, mildew, foundation cracks and a running water meter. They should also conduct a water-usage review. Their inspection and recommendations will allow you to be proactive and prevent problems before they occur.
Once the problem is identified, it’s vital to replace pipes with a more durable material. An innovative solution to repiping homes is using Uponor AquaPEX, a flexible polymer piping material that resists corrosion, pitting and scale buildup while also offering greater resiliency in freezing conditions. Flexible crosslinked polyethylene (PEX) pipe lasts longer and also makes repiping less invasive. The pipe can bend around corners and fit into tight spaces without having to cut large holes in drywall.
Courtesy of Brandpoint Content
I’m excited and optimistic as we move into 2022. There are wonderful opportunities for us all to explore and I would love to assist you in yours!
When it comes to real estate, this means handcrafted attention to every detail, expert knowledge and insight, and meticulous white-glove service tailored discreetly for you.
Whether buying or selling a home, I, as well as Engel & Völkers, ensure an experience of the highest caliber.
Sophisticated systems and smarter strategies are just starting points. It’s my standard of service exhibited by all of Engel & Völkers real estate advisors and license partners that sets me apart…and my standards are high.
As a global leader in luxury, Engel & Völkers provides our network with the brand power, expert knowledge base, and premium technology to ensure a bespoke client experience of the highest caliber and competence, each and every time. Having exclusive affiliation with the Engel & Völkers name, each brokerage is truly unmistakable within its market.
Across the street, across the country or across the world, our global network gives you the reach and coverage, premium experience and resources, and peace of mind you need when buying or selling a home.
Even more dynamic is the collaboration, idea-sharing, and referral benefits that truly connect us to each other and to the growing class of global homebuyers.
Luxury is more than an object or property, but rather, the fullness of life that begins and ends the day in the most important space we know: home.
The true meaning of luxury has been lost and in many ways tarnished by excess and price. It’s simply the enjoyment of the best in life; an experience of beauty and knowledge; and the intimate relationship of context, comfort and craftsmanship.
Every market is different, and every person distinct. From starter homes to dream homes and even castles (yes, I can help with those, too), I help you make luxury personally yours by discovering what it truly means to you.
Engel & Völkers offers one of the strongest global referral networks in the industry, with over 11,000 real estate professionals in more than 30 countries, actually working collaboratively to help our clients find their dream home.
Drawing on a rich European heritage, the Engel & Völkers brand and iconic signature shops are recognized, respected, and renowned the world over for delivering exceptional listings and bespoke client experiences. With each shop led by experts in their local market, Engel & Völkers delivers specialized, boutique customer care and attention—on a global scale.
Whether buying or selling a home, Engel & Völkers ensures an experience of the highest caliber and competence, exclusive expertise, and passion for all that we do, from Miami to Majorca, Boston to Belize, and everywhere in between.
IT’S ABOUT HELPING PEOPLE DISCOVER THEIR NEW HOME AND THE NEW LIFE THAT AWAITS.
The North American residential real estate market is red hot. The past year has seen record-low inventory and surging demand, which has continued through the first half of 2021. In nearly every market situation, there are homeowners willing to sell. The key lies in having the ability to identify which segments of consumers fall within this group. In a new consumer trend report, The Next Luxury Home Seller, Engel & Völkers taps into EVI, our proprietary data center, to identify the trends, demographics, and mindsets of North American luxury homeowners who plan to sell in the next year.
EVI has identified four distinct segments of Millennial and Gen X luxury home sellers that will drive luxury real estate sales throughout 2021 and 2022: the Wealthiest Millenials, Millennial Entrepreneurs, Covid HENRYs, and Early Retired Gen Xers.
The Wealthiest Millennials
More than 65 percent of Millennials with household incomes above $250,000 USD plan to sell a home in 2021 or 2022, accounting for more than half of all home sellers within this wealth demographic. However, the Wealthiest Millennials are not fleeing the cities. The reality is quite the opposite—60 percent reported the desire to purchase in cities. Instead of relocating from suburban or rural environments, this sentiment actually represents a shift of priorities among the Wealthiest Millennials. Eighty-three percent already own properties in urban cities, and an overwhelming 96 percent said that their parents currently live with them or that they believe their parents will move in with them in the future. This suggests that the Wealthiest Millennials are staying in urban environments and looking for spaces that can better accommodate current or future multigenerational living.
Millennials account for two-thirds of luxury home sellers who are also in the process of starting a business. No longer constrained by the limits of a physical office, remote work has given Millennial Entrepreneurs the flexibility to lead their companies from anywhere in the world. As a result, 29 percent of Millennial Entrepreneurs are relocating to new areas. While most of this cohort prefers living in an urban city, a significant 28 percent want to move to rural areas, reflecting Millennial Entrepreneurs’ family-oriented mindsets. Individuals within this segment are more likely than their peers to be married, living with a partner or young children, or responsible for the care of at least one parent. Perhaps it is not surprising, then, that 83 percent of Millennial Entrepreneur home sellers are committed to changing their lifestyle because of the pandemic to ensure they are never separated from their families again.
HENRY is an acronym for “High Earners, Not Rich Yet” and refers to young professionals who have an annual household income between $100,000-$250,000 USD. Covid HENRYs consist of the members of the Millennial and Gen Z generations who emerged from the pandemic within this salary range yet haven’t amassed the same amount of wealth as older generations who have been in the workforce longer. More than half of all luxury home sellers in 2021 and 2022 will be Covid HENRYs. A third of Covid HENRYs work remotely, and nearly half want to travel globally and have more unique experiences. Forty-one percent of Covid HENRY luxury home sellers also own a second home, indicating a desire to sell and actively pursue travel and experiences. As a whole, Covid HENRYs are divided more evenly in their desire to live in cities (49 percent) or suburbs (43 percent).
Early-retired Gen Xers
More than one in five of all Early-retired Gen Xers plan to sell a home in 2021 or 2022, accounting for 27 percent of all luxury home sellers. Historically, retirees plan to downsize their homes. However, today’s Early-retired Gen Xers are facing atypical situations. Thirty-nine percent have adult children, parents, or other extended family living with them in their homes. In fact, 58 percent of Early-retired Gen X luxury home sellers have had family move in since the pandemic, driving them to list their current homes in favor of larger ones with more bedrooms. More than half of Early-retired Gen X luxury home sellers are looking for their next home in rural areas.
Across the board, luxury home sellers in 2021 and 2022 are focused primarily on family and space. They are making housing decisions based on proximity to family members and ensuring that they have enough space to live comfortably. Sixty-seven percent of luxury home sellers who currently live in an urban market would like to remain in a city, indicating that urbanites are not fleeing their cities as has been otherwise reported. Instead, the pandemic has shifted luxury home sellers’ priorities to homes that allow them to live where, and with whom, they want.
To access the full report, click here.
Whether you gravitate toward the ski slopes or sand dunes, this winter is brimming with opportunities to find your perfect haven. Through the global network of Engel & Völkers, I can help you find the perfect property for you to live and play, whether it be a new primary residence in your local neighborhood or a secondary residence anywhere around the world.
For passionate equestrians, a traditional and timeless equine estate is essential. Peaceful properties allow riders to embrace the freedom of horse riding and achieve ultimate tranquility without leaving home. These homeowners seek to make as graceful a connection with their houses as they have with their horses. The homes are enhanced by charming equestrian features, gourmet country kitchens, trap shoot facilities, double-stall barns, and beautiful riding arenas. Homeowners find freedom in the endless outdoor activities, perfect picnic spots, and horseback rides across stunning meadows.
Whether nestled in a quiet section of Wellington, Florida or located on a gorgeous ranch in Missoula, Montana, these five properties offer everything a horse enthusiast could need.
Located in the heart of Palm Beach Point East, this rustic, European-inspired equestrian facility offers extravagant living quarters equipped with five and a half acres of charming grounds. Both luxurious and functional, this facility features two bedrooms for staff, a rider’s lounge, a traditional office space, marblewood floors, central ceiling fans, and two spacious parking garages.
It boasts grandeur and magnificence across its seven bedrooms, six full bathrooms, antiquated dining and living spaces, and a multipurpose media room. The barn consists of two 12-stall wings, each with its own feed and tack rooms. The lavish and majestic equestrian home is set on a tranquil and private plot, only a short ride to the Winter Equestrian Festival. The farm includes a 140 foot by 205-foot Equestrian Services International arena, RV hookups, and generous parking.
Overlooking the pristine Flathead Lake in Lakeside, Montana, Amen Ranch offers more than 20 acres of picture-perfect land. Boasting 13 bedrooms and nine bathrooms, the ranch provides an abundance of space for large groups and gatherings. Whether relaxing in the peace and quiet, fishing on the pond, enjoying the trapshooting facility, or spending a day on horseback, Amen Ranch offers endless outdoor activities, making it the ideal place to escape everyday life.
A 4,400 square foot log home serves as the main house, featuring four bedrooms and three and a half bathrooms. With its gourmet country kitchen, stainless steel appliances, granite countertops, and commercial range, this remarkable jewel is perfect for culinary masterminds. In addition to its show-stopping views, the estate offers two wood-burning stone fireplaces and accommodates up to 18 guests, seating 40 people. The horse facility features seven stalls and a tack room, with access to a fully fenced pasture. Additionally, the barn features an apartment with three bedrooms, a three-quarter bathroom, a kitchen, a dining room, and a large living room. Extra features include a security system, a gas station, two large wells, high-speed internet, a backup generator, and a commercial-quality gym.
Nestled at the base of the Sierra Nevada Mountains in Steen Ranch, this nautical farmhouse is a breathtaking and rare opportunity for equestrians. Whimsical views of apex mountains, crystalline lakes, and glowing, golden valleys spread across the over 25-acre estate. It is home to a 16,000 square foot residence and two guest cottages. The estate’s elegant design includes exquisite, hand-hewn wood, 11 double-stall barns, a traditional yurt, eco-friendly greenhouses, and a riding arena with ample space for gallop practice. High ceilings and two fireplaces enhance the home’s relaxing ambiance.
This secluded and private sanctuary located at The Flying Dog Ranch spans 224 acres of the Roaring Fork Valley below Mt. Sopris. As the estate is only three and a half miles from Carbondale and 29 miles from Aspen, equestrians can pursue skiing adventures on top of riding. The legacy ranch boasts 180-degree panoramic views and a rich history of protecting water rights and wildlife, making it the perfect haven for a horse and cattle ranch.
Additional features include three homes, an event center, an intrinsic art studio, a fitness center, environmentally-friendly greenhouses, a tree nursery, and a contemporary barn for limitless recreational activities. The property features eight bathrooms, a two-car garage, four natural gas fireplaces, and energy-efficient solar heating. Overlooking the Crystal River frontage, this sustainable property is also home to two rental spaces, making it a truly exceptional opportunity.
Constructed in the 18th Century, this colonial farmhouse boasts over 23 acres of land, providing more than 5,000 square feet of exquisite pasture. This sweet homestead offers a dramatic tile entry which opens to a large sunroom, a full wet bar, and a gourmet kitchen with three ovens, a Sub-Zero refrigerator, and three walk-in pantries. A cozy living room, intimate dining room, classic yet relaxing living room, homely office, half bath/laundry room, and primary bedroom suite—featuring two walk-in closets, a large soaking tub, and double sinks—round out the first floor.
The second level includes another owner’s suite with a private deck, three more generous bedrooms, a laundry room, and a must-see wine cellar. Exterior features include a large bluestone patio with a brick wood-fired pizza oven, a large heated barn, a storage shed, a 30 foot by 80-foot party pavilion with a bar, a walk-in cooler, and a cooking area. With two Bocce Ball courts and a two-bedroom, one-bathroom guest house, this property is a steal at $1,285,000 USD.
November 30, 2021
As the days grow colder, homeowners across the Americas are preparing for adventures on the slopes and cozy nights spent fireside at home. With gorgeous mountain views and stunning stone fireplaces, ski estates provide the perfect escape for families and friends to create everlasting memories while enjoying all the outdoor adventures that nature has to offer.
Whether it’s watching the snow magically fall from the refuge of a mountain retreat, hitting the trails on picturesque alpine slopes or enjoying a peaceful ski lodge oasis there is nothing better than world-class shopping and dining, an international social scene and laid-back culture of a ski-town experience. Here are just a few exquisite ski homes currently listed by Engel & Völkers.
Just minutes from Whistler Village, this marvelous mountain masterpiece offers 6,345 square feet of interior living space on an enviable slope-side location atop Sunridge Plateau. Exceptionally designed, and built by award-winning architects, Munster & Sons, this ski estate features a magnificent 452-year-old, 49-foot-high log from Vancouver Island’s Gold River.
With six and a half spacious bedrooms, an exquisite home office with a built-in fireplace, cozy cupola, and antique wine cellar it’s the ideal location to enjoy privacy, peace and luxury. Whether you’re sipping morning coffee enjoying the view, relaxing in the 30-foot pool or unwinding in the home spa after a thrilling day on the slopes this mountainside estate has everything to offer.
This elegant, private mountain masterpiece will impress all generations of ski enthusiasts. Designed by renowned architect Fred Babcock, the home spreads across 16 breathtaking acres of crystal-clear lakes and crisp mountain air. Less than 10 minutes from Deer Valley, Park City Mountain Resorts, and Park City’s Historic Main Street, homeowners can easily take advantage of quality skiing, exclusive shopping, and fine dining.
The property was built for large gatherings, featuring a gourmet kitchen, multiple entertainment areas, executive office, wine cellar, six luxurious suites, wood and gas fireplaces and multi-level outdoor living spaces. Embark on endless recreational activities like hiking and skiing, enjoy relaxing afternoons in the sauna, and create lifelong memories with friends and family.
This superb residence is perched on three mountainside acres of the internationally renowned ski resort Mont-Tremblant, Canada. The architectural masterpiece overlooks a private aquatic pavilion and a spectacular waterfall. On top of privileged access to Lac-Tremblant, this luxurious ski estate features three kitchens, six bedrooms—four including walk-in closets—five cozy stone fireplaces, a large gymnasium, sauna and billiards room.
Gorgeous cathedral ceilings, carefully crafted woodwork, and majestic lighting adorn the home’s interior and exterior. The aquatic pavilion offers a separate kitchen, living and dining room, barbecue, fireplace, large pantry and bathroom. With sizable outdoor space and a guest apartment boasting its’ own kitchen, living room, two bedrooms and bathrooms, this home is ideal for welcoming and entertaining both friends and guests.
Vail, Colorado is home to decades of everlasting, family memories and there is no better place to gather than Vail Village’s iconic Forest Road, where sophisticated living meets timeless tradition. Nestled within breathtaking aspen trees, this estate offers the perfect blend of convenience and privacy, magnificent mountain views and an ideal location close to the village.
Enjoy multiple outdoor decks, heated flagstone patios, and extensive landscaping which integrate seamlessly into the interior’s kitchen, dining and great rooms. Gorgeous natural light radiates through the common areas, making the family room ideal for relaxing after a long day of skiing. The home also features upgraded lighting, flooring, paint, audio/video functionality, heated two-car garage, fitness room, temperature-controlled wine room, elevator and custom landscaping.
Do you dream of skiing home to a private mountain oasis after a day spent on Blackcomb Mountain’s slopes? If so, look no further than this stunning property tucked away in a private setting near Lost Lake and Whistler Village.
The home spreads across four levels, offering six bedrooms, five and a half bathrooms, and a TV sitting room on its lower level. After an action-packed day on the slopes, sit back and relax in a private outdoor hot tub or cozy up around the gas fire pit. With adventures to be had around every corner—whether on the mountain, around Lost Lake, or biking the Valley Trail—this private and peaceful estate is a must-see.
We have expanded! Our latest expansion into Knoxville, TN, marks an entrance into the beautiful mountain and lake country of East Tennessee. The newly established “Engel & Völkers Knoxville” will service homebuyers and sellers, specializing in lakefront properties in Knoxville and the surrounding areas. Lara Conrad will now be offering exceptional service in East Tennessee in addition to the Colorado market.
The global luxury real estate brand’s latest expansion in the Southeast strengthens its presence in a region that is experiencing an influx of new residents and inbound moves “Tennessee ranks among the top five states for inbound moves in the U.S., and Knoxville is a premier market that we’re thrilled to now be part of,” said Anthony Hitt, president and CEO, Engel & Völkers Americas.The new Engel & Völkers Knoxville shop is located at the Pinnacle at Turkey Creek in West Knoxville and will service homebuyers and sellers drawn to the area for its magnificent lakefront and mountain properties, beautiful terrain, low property taxes, proximity to the Smoky Mountain National Park and accessibility to Nashville, Atlanta, Asheville and Gatlinburg. Knoxville is also home to the University of Tennessee and attracts a high number of professionals and engineers. The city also boasts a vibrant microbrewery and restaurant scene, and a full four-season year in a temperate locale. Residents have their pick of housing inventory ranging from rustic cabins to lakefront mansions, urban condos to historic homes, as well as starter and median-priced homes to multi-family hunting properties. Lara Conrad will now be focusing on the Knoxville area market and specializing in Tellico Village and surrounding communities.For more information, visit knoxville.evrealestate.com.Learn more about the shop: https://bit.ly/39w1lbT
My Colorado Community
I am excited to announce my partnership with one of Colorados top ranking Realtors,
Dan will be my “feet on the ground” so to speak while I am in Tennessee. We are both always available for you and your loved ones, so please reach out at anytime.
Boat enthusiasts! Serene lake living at its best! Year round deep water cove. Gorgeous views of wildlife and nature. Well built custom home primary bedroom on the main level, two additional bedrooms and office on lower level. 1000 gallon septic tank installed. Stone and custom wood working throughout. Property features soaring wood ceilings, open fully equipped kitchen, main level owners suite, cedar lined walk in closet in owners suite, dining and expansive great room. Two additional bedrooms, office and living area downstairs. Huge double deck for relaxing evenings overlooking the mountains and lake. Many updates throughout with new kitchen appliances, hardwood flooring, tile, and many more.Enjoy brunch on your private gazebo, swim from well designed steps that bring you directly into the lake, or launch your boat and jet skis from the custom dock and boat lift, complete with electricity and water. Upgrades and Improvements: Installed ~400′ fencing on side yard New 4 x 80′ stone walking path from gated entrance to lower level New backsplash in Kitchen Added a stone hearth and wood burning stove Replaced carpeting upstairs with hardwood flooring Replaced carpeting downstairs with large tile Remodeled kitchen adding an extra oven and all new appliances Remodeled limited storage area to an open pantry Added additional landscaping New painting throughout interior and exterior. ID#: 1158112
Many people dream of a second home abroad. Here you can find out why a second home need not remain a dream, but can be a worthwhile investment:
Many buyers see the purchase of a second home as an immediate source of income in addition to a long-term capital investment. On the one hand, the rental income can be used for refinancing the holiday home as well as for additional income. In addition to the immediate income, personal retirement provision is also one of the most important motivations for buying another property: A holiday home as a capital investment thus represents an additional safeguard for the future in addition to a statutory pension.
All in all, holiday properties are much more versatile than one might initially expect.
As housing continues to shift slightly in buyers’ favor, there are six things buyers and sellers need to know about the market. Anthony Hitt, CEO of Engel & Völkers Americas, discusses an influx of buyers, particularly from Europe, returning as international travel begins to recover. Read more here.
I’m expanding my business! Stay tuned for more exciting details!
Engel & Völkers launches Live Your Luxury campaign
Engel & Völkers recently launched its Live Your Luxury campaign, a multi-channel initiative that includes print, digital, and social media marketing assets. This campaign capture some of the intangible qualities that make a home, “home”. Read more here.
Engel & Völkers attracts media attention locally, across the Americas, and around the globe through our award-winning public relations and marketing strategies. We position our network members, our leaders, and our exceptional listings in front of millions of consumers every month. Take a look at who’s talking about Engel & Völkers.