What good is a downtown loft without a view? Guests checked out these great views from the rooftop and deck (see pictures above and below) at the Liberty Lofts recently during an open house hosted by Boveri Real Estate. Groups toured models featuring high ceilings, contemporary spaces and kitchens, and state-of-the-art fixtures. The prices were right, too – $153,00o for a smaller unit and then up to $343,740 for a two-story loft.
The Boveri group served up dinner for guests in one of the models. Visitors got a chance to talk to agents and even the construction team: John Quinn (below), Evan Harding and Nick Callegari, president of Callegari Construction.
Below, Claudia Scanlon, Ray Orellano and Christina Boveri with Boveri Realty Group were excited to show off the new building that’s across from Union Station, Crown Center, Liberty Memorial and the Freight House & Crossroads Districts.
Below, a view of the building from the south side. Liberty Lofts has new management with Boveri and developer Atlas Properties. Another reason to buy: tax abatement – loft owners will not pay property taxes on the increased value of their units due to redevelopment for 10 years and will only pay 50 percent of the property tax for the following five years.
Good stats: Home prices show signs of stabilizing thanks to tax credit
Even though home sales have dropped, the trend in firming home prices solidified in the second quarter with more metropolitan areas showing increases from a year ago, aided by the past surge in home sales driven by the home buyer tax credit, according to an August report by the National Association of Realtors.
In the second quarter, 100 out of 155 metropolitan statistical areas had higher median existing single-family home prices in comparison with the second quarter of 2009, including 14 with double-digit increases; two were unchanged and 53 metros showed price declines. In the first quarter of this year, 91 areas had higher prices, while only 26 areas experienced annual price gains in second quarter of 2009.
The national median existing single-family price was $176,900 in the second quarter, up 1.5 percent from $174,200 in the same period of 2009. “All year we’ve been seeing relatively flat national home prices, which appear to be supported by market fundamentals,” said Lawrence Yn with the NAR. “Prices in some areas remain below replacement construction costs, so even with an elevated supply of existing homes on the market we don’t expect any consequential movement in home prices for the foreseeable future. Very low inventory of newly built homes also will help to support home values.”
Agents tour updated Leawood cottage
PJ Moody and Brett Pickett with Pickett Property Group stopped by Mary Payne’s Keller Williams listing in Old Leawood recently to check out the many updates on this $500,000 property in one of the most coveted areas of the city. Payne, below with Chris Collins of Keller Williams, show off the staircase and stone fireplace that highlight the living room. Other highlights: a spa-like master bath, gorgeous kitchen cabinetry and a dramatic great room.
