Home Prices Increase in Every Price Range

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Home Prices Increase in Every Price Range | Simplifying The Market

Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one.

CoreLogic’s Home Price Index (HPI) Report revealed,

National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.

They also analyzed four individual home-price tiers, showing the increase in each.

Here’s the breakdown:

Home Prices Increase in Every Price Range | Simplifying The MarketTo clarify the methodology, CoreLogic explains,

“The four price tiers are based on the median sale price and are as follows: homes priced at 75% or less of the median (low price), homes priced between 75% and 100% of the median (low-to-middle price), homes priced between 100% and 125% of the median (middle-to-moderate price) and homes priced greater than 125% of the median (high price).”

What does this mean if you’re selling?

Price appreciation can differ depending on your price range. If you’re a homeowner thinking of selling, let’s get together to find out how much your home is increasing in value, so you can price it competitively for today’s market.

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Source: KCM

Modern Holiday Home Takes Advantage Of A Trapezoidal Site

Situated on a trapezoidal site with two sides facing the street, Casa Kutz is a surprisingly cozy and expansive family home with lots of interesting design features. It was designed by studio CPDA Arquitectos in 2018 and is located in Merida, Mexico. Its owners wanted it to be a casual, practical and low-maintenance retreat, a place where they could spend their vacations and holidays with the whole family.

The house is exposed to the street on three sides which limits its overall privacy
The house is exposed to the street on three sides which limits its overall privacy

The hot climate and the unusual shape of the site raised quite a few design challenges which the architects took head-on. They designed the house to respond to the sun’s natural path, with closed sections facing West and three volumes that open up to the North. At the same time, the house enjoys a close connection with the outdoors and features a swimming pool just outside the living area.

The only side of the house not facing the street is where most of the social gathering spaces are clustered
The only side of the house not facing the street is where most of the social gathering spaces are clustered
the indoor living areas seamlessly open towards a terrace which is turn connects to the swimming pool
the indoor living areas seamlessly open towards a terrace which is turn connects to the swimming pool
The other sections of the house enjoy their own special connection with the outdoors in the form of individual little courtyards
The other sections of the house enjoy their own special connection with the outdoors in the form of individual little courtyards
The facades are mainly closed off, with the windows and a minimalistic aesthetic
The facades are mainly closed off, with the windows and a minimalistic aesthetic

Internally, there’s a clear distinction between the private and the social areas. One of the three volumes houses 3 bedrooms on two floors, another volume has social functions on the ground floor and two bedrooms upstairs while the third volume is only dedicated to entertainment areas and features an 8 meter high ceiling. This area acts as the main gathering space which feels natural given the central position of the volume and its imposing high ceiling. Sliding doors seamlessly open the space to a terrace which acts as a second living room. A marble kitchen island and an elegant wooden table for eight designate a separate dining area with sliding privacy screens between the two functions.

A smaller slightly elevated terrace sits in the continuation of the pool, complementing it
A smaller slightly elevated terrace sits in the continuation of the pool, complementing it
The outdoor terraces follow the outline of the house, acting as extensions for the indoor living areas
The outdoor terraces follow the outline of the house, acting as extensions for the indoor living areas
Lush vegetation forms a border on this side of the house, offering privacy
Lush vegetation forms a border on this side of the house, offering privacy
The central volume of the house has a high ceiling and large sliding doors facing the terrace and garden
The central volume of the house has a high ceiling and large sliding doors facing the terrace and garden
Although the site might seem very limited, it actually expands quite a bit at the back of the house
Although the site might seem very limited, it actually expands quite a bit at the back of the house
The private and the social sections of the house act as separate, independent areas
The private and the social sections of the house act as separate, independent areas
The dining room can be separated from the kitchen through sliding semi-opaque doors
The dining room can be separated from the kitchen through sliding semi-opaque doors
The sliding screens offer flexibility, allowing the two spaces to become one
The sliding screens offer flexibility, allowing the two spaces to become one
The white marble kitchen island contrasts with the rest of the decor and adds an elegant touch to the space
The white marble kitchen island contrasts with the rest of the decor and adds an elegant touch to the space
The backsplash is a trio of windows which let in natural light and offer a view of the garden
The backsplash is a trio of windows which let in natural light and offer a view of the garden
Ambient lights have been seamlessly embedded into the landscape, adding curb appeal
Ambient lights have been seamlessly embedded into the landscape, adding curb appeal


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Source: Homes and Lifestyle