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Selling the Circular Sun House

by Karen Picarello

            If you are an architect buff living near the Phoenix area, then you are certainly familiar with the Circular Sun House built by Frank Lloyd Wright in 1967. The curved features of this one-of-a-kind home are an artistic wonder perched in the Phoenix Mountain Preserve. And now, this beautiful home can be yours, as it is being auctioned to the highest bidder on October 16, 2019.

            This 3,095 square-foot home sits on 1.3 acres and, like most of Wright’s designs, incorporates nature into its design. With 3 bedrooms and 3 bathrooms, Wright designed this home in his typical fashion with a large fireplace and family room to bring people together. It is also the last home he worked on before his death in 1959.

Restoration

            Since then, Wright’s apprentice, John Rattenbury has restored the home. He had been working with Wright on the home design prior to his death, so he was privy to the mindset behind the design. Known for his Prairie and Usonian styles, Wright had become fond of circular designs near the end of his life, and the Circular Sun House is of this design. Another circular design of Wright’s was the infamous Guggenheim Museum in New York City.

Is a Wright Design Right for You?

            So, why would anyone want a home built by the famous Frank Lloyd Wright? According to most, it is like living in art. One look at the Circular Sun House, and you know you are in for something different than an average home experience. The home has large, tile baths, a crescent-shaped swimming pool, and glass walls that overlook the pool. It has built-ins all over made from rich, Philippine mahogany, and the lights of the city can be seen from almost every room.

            One of the major advantages of buying the Circular Sun House over other Wright homes is that its renovation occurred in 1994, which means there may be some updates needed, but they aren’t from the 50s. Another is the size. Many of Wrights homes have small kitchens, but the Circular Sun House has a sprawling, curved kitchen worth enjoying. This house is luxury, and it is unique. If you want to live or vacation in a unique, beautiful piece of architectural history, this house is for you.

            As far as an investment, Wright houses typically sell for high-dollar amounts both due to their luxury and notoriety. However, they may sit on the market for a long time due to their unique nature that does not fit everyone’s taste.

            If you are interested in owning a Frank Lloyd Wright home, attend the auction October 16th by Heritage Auctions.

Why Buying a Vacation Rental is a Good Investment in Scottsdale, AZ

by Karen Picarello

Buying real estate can be a lucrative business, but it is risky. The market fluctuates, tenants may not pay dependably, and cash flow can be a struggle. First time real estate investors may want to go big with their investment, but many of us would struggle to make multiple mortgage payments. This risk is lessened when buying a vacation rental in Scottsdale, AZ.

Why Buy a Vacation Rental?

  • The best reason to buy a vacation rental instead of a long-term rental property is because you can use it! It can also be your second home you visit when you need to get away from the toils of life.
  • It’s a side hustle! Yes, you can have a second home and have other people pay for it. You aren’t going to use it all the time, so why not have it make its own money on the side?
  • The property will likely appreciate. Over time, most properties do become more valuable. Add any improvements, and it will appreciate that much more. This way, if you have to sell it, you’ll end up with a profit.
  • Options. There are many options for managing vacation rentals. If you don’t want to do it yourself, you can hire a vacations rental management service. This allows you to do practically nothing and watch your mortgage, insurance, and repairs pay for themselves through rental income.

Why Buy a Vacation Rental in Scottsdale?

It is important to buy a vacation rental in an area that is rated highly for the tourism industry. Scottsdale is definitely rated as a good place for vacation rentals. The hiking opportunities, proximity to Phoenix, Old Town, clubs, spas, and swimming pools (not to mention the weather!) make this one hot spot for tourism.

According to Mashvisor, Scottsdale had 4.5 million tourists there for overnight visits bringing 2.4 billion dollars for the city in 2017. Rental rates averaged $2,788 but were much higher at $3,308 in South Scottsdale.

Vacation rentals are good investments in Scottsdale because of the tourism, but they are also good investments because they make a good amount of money for the investor without a lot of work or risk. Tourism isn’t leaving the Scottsdale market, and many people enjoy the comfort of staying in a home rather than a hotel, so they can truly have the luxury of a home during vacation without the upkeep. Hire a vacation rental management service, and when it comes time for your vacation, you won’t even know they were there.

Fall Maintenance to Keep Your Home Sell-Ready

by Karen Picarello

There are a number of things you can do while you are living in your home that make it ready to go when you want to sell it. Think about it. How many people frantically rush to make improvements on their home just to turn it over for someone else to enjoy?

Instead of emergency maintenance for someone else’s pleasure, maintain your home and keep it sell-ready with these recommendations. Here are a few things you can do during the fall months.

Fall Maintenance to Keep Your Home Sell-Ready

1. Clean Out Gutters

Before the water falling from the sky turns to snow and ice, you want your gutters to be free and clear of debris that could cause things to back up. If water cannot flow, it will freeze, and ice damages roofs and gutters. Scottsdale may rarely get this type of weather, but it does happen. Instead of dealing with gutter replacement in the spring, make sure you are cleaning out your gutters all the way past the downspout, so you don’t end up with a mess.

2. Check Screens

Fall and winter are perfect times to work on any torn or damaged screens because your windows aren’t likely to be open in the cool weather. Inspect your screens, and handle screens one at a time. This ensures that you don’t bite off more than you can chew, and you have most of your windows in full working order in case they are needed.

3. Prune Trees

Hire a professional if you have to, but make sure your trees are properly pruned every fall. This ensures that any dead branches are removed, so they don’t fall on your car or house during the winter. Annual prunings also make sure that your tree grows as it should.

4. Sprinkler Maintenance

Depending on the type of grass you have, you may or may not have lawn maintenance to do in the fall, but your sprinklers definitely deserve a checkup during this time. This is especially true since any repairs that need to be made can occur or be planned while the water isn’t needed as much.

5. Paint

Early fall is a great time to paint because it isn’t too hot or humid, which means paint will have the proper time to dry and cure, so it doesn’t crack and peel. Don’t wait to sell your home to make it look good. Enjoy the new paint, and enjoy your home while you are in it!

Not only do these five maintenance moves keep your home sell-ready, but they make it more enjoyable while you are still here. When it is time to go, you won’t have to stress. Your house will look great.

 

5 Reasons to Get a Real Estate Agent in Scottsdale, AZ

by Karen Picarello

The Phoenix area is booming, and housing for all of the incoming out-of-staters has been an excellent shift in the housing market for home sellers. However, it also makes it difficult for those entering the Phoenix-Scottsdale area to find the home they are looking for.

Many opt for rentals upon arrival in order to bide their time while looking for a more permanent location. This has caused a rental crunch that has driven up the prices of rentals, but the Phoenix area still maintains low rental rates in comparison to most other states.

Even then, it can be frustrating to wait it out in a rental knowing that your long-term residence is out their waiting to become available. That is why you need a real estate agent, especially if you are looking for a home in Scottsdale.

5 Reasons to Get a Real Estate Agent in Scottsdale, AZ

1. Local Knowledge

Scottsdale is known for its luxury neighborhoods, but you want to make sure you are getting into the right one. If you are looking for a family-friendly neighborhood, you won’t want to be in a neighborhood that caters to single night life and vice versa. Your local real estate agent can help you look for the neighborhood that fits your exact needs, so you won’t have headaches about your living region when you’ve already purchased the home.

2. Improved Communication

There are a lot of big corporations getting into the real estate game. Internet buyers and sellers aim to streamline the home transaction process, but they remove the intimacy that comes with a home purchase. These corporations are trying to make home buying about as convenient as getting an ice cream cone, and that leaves a lot to desire. One of the major things that is lacking in these sort of transactions is communication because there is no accountability. If you don’t like your home purchase, and you think your seller should have disclosed more, a large corporation won’t care. Local real estate agents have to communicate well and transparently because they have reputations to uphold.

3. Quality Homes

Speaking of large corporations who are getting in the real estate business, they are also getting in the home flipping business at the same time. This means the home you buy may have been flipped simply for profit, which could result in a lesser quality home. Home flippers may sell through real estate agents too, but a local agent is more likely to know the reputation of the flipper and only work with people who make sure their improvements are done well.

4. Improved Commute

Scottsdale is a short commute to Phoenix, but if you are making it daily, it can seem very long. Your local agent will know what neighborhoods have easy access to Route 202 and any other transportation tips for the area. You aren’t going to find that from real estate companies who aren’t familiar with the area.

5. Access to Amenities

If you are looking to live in Scottsdale, you’ve probably checked out some of the city’s amenities. Your real estate agent can make sure you are near your favorite golf course or country club, or you can look to live near shopping centers. The local real estate will know the nitty gritty of every area in Scottsdale, so you will enjoy your new life.

Displaying blog entries 1-4 of 4

Contact Information

Photo of Team Picarello Real Estate
Team Picarello
RE/MAX Fine Properties North Scottsdale
21000 N. Pima Road, Suite 100
Scottsdale AZ 85255
Office: (480)860-8733
888-548-8713
Fax: (480)860-8755