There are 18 blog entries for May 2013.
Friday, May 31st, 2013 at 5:01pm. 2,214 Views
Are you a “new native” to Austin, Texas? There might be a few things about our way of life that are confusing. (Ok, more than a few!) But, have no fear; Regent is here! We found Independence Title’s Austin Old Timer’s Guide to Bein' from Here so entertaining that we want to share it with you.
Here are a few of our favorite parts, to help you get Austin-savvy in no time!
1. “All directions start with ‘Go down MoPac ... 'cause you don't want to get on I-35.'” (We know you’ve heard that one before!) But, did you know? Mo-Pac is named for the Missouri Pacific Railroad that runs alongside it. Have a home in Great Hills? MoPac will take you all the way down to that “way south” (not really) friend who has a house in Circle C!
2. “Manchaca is pronounced…
Friday, May 31st, 2013 at 11:52am. 3,380 Views
What does a cool $1 million buy in Austin real estate? We all know that Austin real estate is considered more expensive than the rest of the state, while those from outside of Texas tend to think Austin homes are relatively inexpensive. But, perspective aside: one thing we all understand is how many dollar bills it takes to reach a million.
So what will one million of those bills buy today?
First of all, $1 million is generally considered the threshold, in Austin’s terms, for a house being considered a luxury home. This means you can count on that million bringing you a “really nice house” or a “pretty good house” on a stellar lot.
Secondly, homes around the million dollar mark often are in well-known parts of town, like Westlake, Barton Creek, or…
Monday, May 27th, 2013 at 2:08pm. 1,740 Views
The volume of Austin luxury home sales – those listed over $1 million was way up in April 2013 compared to March 2013. Sixty-five luxury homes sold in April, compared to 37 in March, for an over 75 percent increase in closed properties! High sold price, average sold price, and median sold price for the month to month comparison all ticked up as well.
On May 23, 2013, there were 348 Austin luxury homes on the market. The high list price for these active homes was $14.5 million, with a price of $1797 per square foot. The “average” luxury home was listed at $2,374,093 (about $407 per square foot,) and the median list price was $1,795,000 (about $339 per square foot.)
Austin’s luxury homes include most of the waterfront homes along Lake Austin…
Friday, May 24th, 2013 at 5:20pm. 2,000 Views
Austin straddles the fast pace of a metropolitan city and the slow speed of hill country leisure. Matching the city’s focused drive and welcoming ease, educational opportunities abound for first time college students and adults seeking forward momentum in their education and careers. Opportunities for undergraduates, graduate students, adult students, and continuing education seekers are plentiful within the halls of Austin’s institutions of higher learning. Below are the major college and university level schools within the Austin city limits:
University of Texas
The University of Texas, the most recognized educational institution in the state, has been a part of Texas history since 1883. The school, with its flagship buildings located close…
Wednesday, May 22nd, 2013 at 4:24pm. 2,098 Views
Musicians don’t just perform, they also teach the next generation of aspiring artists. In Austin, aspiring musicians of any age can choose from private or group lessons, with instrument options that range from classic stand-bys to lesser-selected melodic choices like bagpipes. Students even can join classes that are taught over shared bottles of wine and snacks to create a relaxed, enjoyable learning environment. Some studios offer band coaching and performance lessons, meaning it might not be long before a leap can be made from practice space to stage, placing the student front and center in the thriving Austin live music scene, whether that’s on stage at a downtown venue or the music salon of an Austin luxury home.
Austin School of Music
Monday, May 20th, 2013 at 12:11pm. 4,848 Views
While that towering Chinese Tallow Tree or shady grove of Ligustrum beside that new Travis Country home may appear gorgeous at first glance, the hundreds of thousands of invasive seeds that will drop and rapidly grow into new trees over the next decade won’t make future landscaping maintenance, or Austin greenbelts, very pretty.
Just as the invulnerable clownfish threatens to take over U.S. coral reefs, these and dozens of other invasive plants species pose a big threat to natural ecosystems on land. Why?
The USDA defines invasive plants as species with five very pernicious qualities:
PROLIFIC: Produce large numbers of new seedlings each season
PERVASIVE: Spread easily by wind, water, or animals
FAST-GROWING: Grow rapidly, outpacing other…
Sunday, May 19th, 2013 at 1:05pm. 2,772 Views
Hat Creek Burger Co., founded for Austinites by native Austinite Drew Gressett, was born out of a pure passion for fresh cheeseburgers and great fellowship.
You may have been introduced to Hat Creek burgers by the Hat Creek Burgermobile (food truck) at SXSW, the UT Stadium’s Red McCombs Food Court, the Cystic Fibrosis 5K, or the Bon Jovi concert. Maybe you celebrated a big day at the Burnet location with close family, watched your kids play on its fantastic playscape, or met a good friend for burgers and sweet potato fries.
But - chances are, you’ve either heard of Austin’s Hat Creek Burger Co. or already have eaten there. No one-hit wonder, it now has three beautiful locations, each built upon two great founding principles – fellowship and fresh…
Tuesday, May 14th, 2013 at 11:27am. 1,784 Views
Your Austin home search just got a little more competitive and a little more expensive! Following last month’s indications that Austin real estate prices have risen 10% in the last year, April 2013 statistics are revealing more of this trend.
“There has been no slowing down with the quickened home sales pace we are seeing this year,” said Regent Property Group Broker Brian Talley. “If anything, it is becoming even more competitive among buyers. Lower inventory, low interest rates, and increased demand keep cranking up the volume on sales.”
Lower Inventory, Higher Prices
Comparing this year and last, April 2013’s average sold price of $412,124 is about $74k higher than in April 2012. The median sold price of $299,000 is $49k higher. Looking year to…
Monday, May 13th, 2013 at 10:52am. 10,739 Views
Regent Property Group is privileged to help many clients who are interested in buying and selling upscale homes. Austin certainly has its share of upper echelon homes: from the shores of Lake Austin to prized central Austin estates to fine homes in Westlake, the luxury home market is thriving. One question we often are asked when helping clients with these homes is, “What is the difference between a luxury home and a mansion?”
While there is not a finite distinction, the answer generally revolves around a home’s size and amenities. Once a home reaches a certain square footage threshold and also has additional, classically-associated mansion rooms or sumptuous features, it transitions to a mansion.
Here are some guidelines for determining whether a…
Saturday, May 11th, 2013 at 2:38pm. 2,145 Views
From Tarrytown to Avery Ranch, Austin homeowners want the best grass for their lawn and lifestyle. The right type of grass, however, can depend on three factors: foot traffic, shade, and water.
Certain varieties of grass do much better under stressful physical conditions like sports-use, children’s play, and pets. These include Bermuda, Seashore Paspalum, and Zoysia. Be aware that Bermuda can be aggressive and invade nearby gardens, so it will require more maintenance than other varieties. Zoysia (being quite dense) can be difficult to mow, so keep mowing blades sharp. Lawns with minimal traffic are fine for these varieties as well, or ideal for more delicate grasses, such as Carpet, Centipede, and St. Augustine.
Only a few…