A Swedish Castle, Once A Medieval Power Center, Comes To Market
Standing at the crossroads of epic transformations–from politics and science to war and finance–Herrevad Castle is a rare example of a medieval power center once coveted by popes and kings.
With remarkable influence spanning two Scandinavian countries, the 28-room castle and a manor house with six large apartments and attic rooms, was recently brought to market after 16 years of ownership. The 21.6-hectare property (53 acres) is located in Sweden’s southern Scania County.
“You cannot live in all 12,000 square meters (130,000 square feet),” says retired owner Steen Damkjaer, who is selling the property precisely because of its enormous size–optimal for a business venture, not a bachelor pad.
The property, which during its four-century heyday had become one of the largest and wealthiest monastic houses in Denmark, heralds baked-in historical branding. That starts with its founding in 1144 as Denmark’s first Cistercian monastery (Scania was formerly part of the Kingdom of Denmark).
The property is the only privately owned abbey in Scandinavia, according to Damkjaer, and is a member of the European Charter of Cistercian Abbeys and Sites Association.The listing is offered as two sites that can be purchased together or individually: the two-story manor house and its 1.6-hectare spread (about four acres) or the three-story castle (built out from the original abbey) and attendant buildings sited on 20 hectares (about 50 acres). The latter property includes a chapel, granary, three substantial log homes and converted military buildings.
The property and surrounding lands have places to fish, kayak and hike. An airfield and golf courses are nearby.
Ping An International Finance Center One of the tallest Building in te World
Ping An International Finance Center is a skyscraper located in the city of Shenzhen, China. It was completed in 2017 and stands at a height of 599 meters (1,965 feet), making it the fourth tallest building in the world and the second tallest in China, after the Shanghai Tower.
The building was designed by the architecture firm Kohn Pedersen Fox Associates and features a unique silhouette that is inspired by the shape of a bamboo shoot. The tower has 115 floors above ground and five below ground, and it houses a variety of commercial and office spaces.The lower levels of the building feature a shopping mall, while the upper floors are home to office spaces, luxury apartments, and a hotel. The tower also includes an observation deck on the 116th floor, offering visitors panoramic views of the surrounding cityscape.
One of the unique features of Ping An International Finance Center is its sustainable design. The building was awarded LEED Gold certification for its energy efficiency and sustainability, thanks to its use of advanced technologies such as triple-glazed low-emissivity glass, rainwater harvesting, and a ventilation system that reduces the amount of energy needed for heating and cooling.
photo by Kohn Pedersen Fox Associates
“San Francisco, a City Built on Ships.”
During California’s golden age, hopeful prospectors flocked to California from all over the world. As soon as they arrived, many sailors, including the captains, abandoned their ships, hoping to strike the city because they thought was rich in gold fields.
Because real estate in San Francisco was at a premium (even then!), the ships were repurposed as prisons, homes, or hotels. Some rotted and sank in the harbor or were burned in the fire of 1851. Therefore, entrepreneurs and builders continued to build, right on top of the sunken ships.
When digging tunnels for the Bay Area Railroad in 1994, crews discovered a completely intact ship, The Rome. Too big to move, they just kept tunneling, meaning the J, K, L, M, N and T trains travel right through the ship’s hull.
About 70 ships are located under some of the most expensive real estate in the world.
Did You know that is a Secret Apartament at the Eiffel Tower?
The Apartament was designed by Gustave Eiffel as a private space for himself to entertain notable guests and perform scientific experiments. The apartment was the lowest of a series of platforms that reached the uppermost sections of the tower, which Eiffel used for atmospheric and astronomical experiments. It’s generally referred to as the secret apartment, but it was fairly well-known to the public that Eiffel had this space.
After word got out that Eiffel had a private abode at the summit of the tower, the space became the envy of the Paris elite. Eiffel received myriad offers to rent out the space for large sums of money, but he refused them all. He only invited select members of the scientific community into the space, the most notable of which was Thomas Edison, who gifted Eiffel a sound recording device.
It’s telling that Eiffel located his private apartment directly above the public observation deck. It’s an interesting clash of uses; at one level, you have a space open to the public, which allows individuals to experience the thrill of viewing the city from above. Directly above this is a private residence for a single individual who restricted access to a small group of notable guests from the scientific community. Eiffel was using verticality to assert his dominance over the public, but his motivations for doing so remain unclear.
The apartment remains an intriguing curiosity atop the tallest building in the world, has since been restored, and visitors to the observation deck can view it through a glass divider, complete with wax mannequins of Eiffel, Edison, and Eiffel’s daughter.
1. There is a town in Germany built over a meteor
A town in Germany named Nördlingen was built over a meteor that is said to be over 15-million-year-old. An asteroid hit the town over a thousand years ago, but the locals started building a town on the remaining crater far from being pressured to leave. The town is over 1,100 years old.
2. Red doors are symbolic in Scotland
In Scotland, there is a common custom of painting your door red whenever you pay off your mortgage. It’s safe to say that Red is their happy color…
3. Hollywood Was Originally a Real Estate Promotion
the original intent of the sign was to promote the sale of homes and property.
According to the L.A. Times in 1923, the area would provide “… a clean, healthful atmosphere and beautiful outlook of the (Hollywood) Hills.”
4. Russia Sold Alaska to the U.S. for $.02 per Acre
The United States bought the 375 million acres we now call Alaska from Russia in 1876 for $7.2 million, or about $126.5 million in today’s market. Though the Alaska Purchase Treaty certainly provided some upside to Russia at the time, the U.S. has come out a huge financial winner in the deal thanks to the massive oil deposits discovered in the 49th state in 1967
5. 1 in 10 Americans Sell Their Home Due to Paranormal Activity
Many people stated that they thought their house was haunted before they bought it. Don’t worry if you don’t have a gift for the supernatural. State disclosure laws may require that agents disclose spirit residents and hauntings to potential buyers.
Many brokers and sellers work the equation of selling backward. They start at the desired sales price and work in reverse to ensure the home is marketed and presented properly to achieve that price.The lead-up to going on the market is all focused on one goal: selling. While this approach typically works, sellers with homes that are lingering on the market longer than the average time on market for their local area may be wondering what’s wrong. if your home is not selling, it is for one of three reasons. One, there is a product problem; two, there is a market problem; or three, there is a price problem.
A product problem means something about the home is a turn-off for buyers. Examples include units needing a total renovation where any potential purchase requires significantly more time, money, and energy before moving in. Generally, most sellers know if they have a product problem. Hopefully, many sellers knew this when buying in the first place, so it’s not a surprise now.
The solution, unsurprisingly, is a price adjustment. Sellers with problematic homes need to drop their price to a level where even buyers who would normally not be interested start to run their own mental calculations to see how much of a deal it could be.
A market problem means there is something off about the market itself. A more typical example is today. After a massive surge in sales, the markets have contracted back to lower-than-typical seasonal levels. For sellers, this means fewer buyers and more competition. To mitigate this issue, sellers must stay on top of the real-time trends in their local area to ensure they stand out despite market movements.
A price problem is a nice way of saying your price is wrong. And in real estate, prices are only wrong one way: they’re too high.
In fact, most problems eventually funnel their way into a price problem. Whether it’s a first-floor unit with brick wall views or a park-view penthouse asking peak prices, the core issue is the price is too high. While some luxury sellers may have the advantage of waiting for their price, the net issue for all sellers with extended days on market is overpricing.
In short: The more the market changes, the more it stays the same. When it comes time to sell, do your homework, figure out which problems you may be facing and price it right the first time to avoid problems down the road.
Interior Design Trends- 2023
A new year is a good time to evaluate our interior design trends; to decide which colors, fabrics, styles and ways of arranging our homes are keepers and which should be left behind.
A group of prominent designers have partnered with The Shade Store, including Martyn Lawrence Bullard, Jonathan Adler and Robert and Cortney Novogratz, who say:
“We expect to see more sheer window treatments utilized within the home. White is a neutral color that goes in every home and works well within all budgets, so we expect to see a lot of that in the coming year as well.”
Martyn Lawrence Bullard says, “Patterns are going to be on trend in 2023. Beautiful vintage looking fabrics are being shown in even modern interiors, bringing a fresh joy to the palettes. Green is huge again, and browns and sepias are making a comeback mixed with clean whites and pale off whites, giving a very fresh take on an old school vibe.”
He adds, “Fancier curtain details will also be making a comeback.
~Are we done with gray yet?
Jonathan Adler says, “For color, I except to see a lot of blue in the year ahead. Blue is an “always” color for me, as every shade of blue works with every other shade of blue.” 1stDibs, a leading design marketplace, announced that greens are still on top, with emerald earning the top color spot of this year’s survey for the third year in a row, enjoying a narrow lead over sage.
~Sustainability is a top consideration.
For designers and homeowners, the importance of sustainability has risen greatly – and this is reflected in this year’s survey results.
We are so over these trends:
The 1stDibs survey indicates that we are, in fact, tired of gray. Animal prints don’t make us purr or roar; at this point, we prefer large-scale prints and florals. “Go for the gold” is no longer our mantra. For metallic finishes, we prefer bronze, brass, copper and nickel. And the hottest trend of the pandemic, the home office, began to lose steam last year and is continuing to decline in popularity.
Copyright from Forbes
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7 Hot Winter Home Design Trends Real Estate Agents Are Seeing on Listings
Making a home feel warm and cozy this winter is the main idea behind many of the latest interior design trends. Here are a few of the hot trends that are warming up home interiors:
1. Earth-Tone Colors With “Wow”
Earthy neutrals are a go-to for homeowners because they can provide a good foundation to build upon. Beige, gray, browns, and whites are popular for the furniture, walls, and floor. But when you want to bring the “wow” factor in, deeper colors are the way to go. Real estate professionals are seeing a lot of homeowners use deep oranges, greens, and reds to make a statement and add some richness to a home.
2. Natural Materials
Agents say homeowners who take on renovations are gravitating more towards natural woven materials like wicker, rattan, and sisal to bring more warmth into their rooms. TThey also pair well with other natural materials like leather, marble, and hardwood.
3. Earthy Scents
Smell may be one area of home design that often gets overlooked. But it can make a big difference. Essential oil diffusers, candles, and even sachets of dried flowers can help give a home a pleasant scent. Earthy aromas like lavender, sandalwood, can make a home feel more welcoming.
4. Furniture With Curves
Clean lines were all the rage a few years ago, but real estate agents are seeing more homeowners embrace the idea of curvy furniture. If the homeowner don’t want to buy new furniture to embrace the curvy trend, they can opt for curved accessories like mirrors, vases, artwork, and area rugs.
5. Sustainable Design Elements
During economic hardships, we tend to purchase things that are of lower quality because they’re inexpensive. Agents are seeing more people saving their money to purchase well-made items that are also sustainable, ethically sourced, and eco-friendly.
6. House Plants Galore
This winter, real estate agents predict that more homeowners will incorporate house plants in their decor. Plants can liven up any room and, depending on your green thumb, you can find plants that require very little care. Flowering plants and indoor herb gardens are popular, as are creeping plants like spider plants.
7. Exposed brickwork
Homes with accent walls aren’t new, but now more than ever we’re seeing exposed brick accent walls gain popularity over bold statement colors or wallpaper. If a homeowner is going for a brick accent wall, they should consider painting the rest of the room white (or off-white). White walls will make the brick pop, especially if its red brick.
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The World’s Biggest Landowner
Queen Elizabeth II is well known for many things; the biggest one likely being that she is the Queen of the United Kingdom. But the royal family also owns plenty of real estate — and that includes acres and acres of land. It begs the question: Is the queen the biggest landowner in the world?
If you thought you had a big backyard, think again. Queen Elizabeth II holds title to roughly 6.6 billion acres of land throughout the world. For reference, that’s about one-sixth of the land on the entire planet. Most of the land falls under the Crown Estate, which essentially operates as a real estate business. According to The Independent, all of the profits of the Crown Estate go to the United Kingdom’s Treasury, but it should be noted that the queen receives 15% of those profits. (Real estate has played a major role in the royal family’s net worth.) In the U.K., the queen’s real estate operations hold more than $16 billion in property. This includes many of the royal family’s residences, including Buckingham Palace, Kensington Palace, and Windsor Castle.
The queen owns a lot of property, but it isn’t all empty land or fancy homes. The Independent also reported that she owns 14 retail and shopping parks along with three shopping centers in the U.K. The retail, residential, and office space around Regent Street and St. James’ Place in London is also owned by the queen.
She is, by far, the world’s largest landowner
Queen Elizabeth is far and away the world’s largest landowner. It would be hard to surpass her impressive 6.6 billion acres. The closest to her on that front is King Abdullah of Saudi Arabia, who owns a mere 547 million acres. (Yes, that’s still impressive, but nowhere near the queen’s 6.6 billion.)
Negotiation in real estate is a long process, full of surprises in its whirlwind so stunning but at the same time so dark. Your psychic mentality must keep and endure as long as the process goes as smoothly as possible. There is nothing worse than investing your time and energy thinking that agreement will be very simple and quick. It becomes even more frustrating when at the end of the failed process you realise that the problem lies in the flexibility you offer, in the relationship you create, the buyer will not rise to his offer and the seller does not move towards his value. There is nothing more chaotic than now, it seems like you can’t do anything, you are just useless in this process. I call this moment “Standoff”. The stalemate on this road is dark and chaotic, it is where possible agreements plunge deep into the ocean. Agents may lose potential customers and customers may lose their dream home.
But this path does not mean that it is without a way out, there is a solution and the solution is the practice intertwined with the experience seasoned in such cases, which leads to an unblocking. Negotiation has nothing to do with forcing people to see things your way and do whatever you want them to do. Talk, focus and perceive the situation leading to what your customers are looking for. I have encountered many “unfinished roads” but I have always looked at the light on that unfinished road, and I never thought I was useless in this process but I thought I was the solution, I am the gateway to this the process, (another day I will write an article about my personal experiences of the “headless road” type)
Never forget that you are working with people, you are not working with apartments and land – you are working with human complexity. It is not always the numbers that make him happy, push the numbers aside and focus on him, the most special creature on the planet. He is coming to that table with different experiences, emotions, failures, paranoia and expectations. What motivates them? What drives them to this act?
Coping with the headless situation is divided into three stages: Price and price only, Pressure, Stability.
– Price and only Price,
A while ago I told you to postpone the numbers aside and focus on him, why?
Because in this process someone will lose and win, this is indisputable, the question is can you minimize in the minimum values this loss or victory?
It is necessary to understand what price the buyer and the seller represent, both parties have their problems, outstanding loans, business and family problems, etc. The price set for both parties will be the price that represents them in this process, and this is achieved by you and not by them.
No one will be lost in this process and that is clear. Pressure is what will bring them to the ground, the wide range of your information to the market and their penetration into their human consciousness will affect possible confusion, this is the culmination of mediation, pressure can and will lead to a possible catastrophe. this process but can also orient it towards an agreement offered. Delicacy in this process is at the highest possible level. The buyer must buy it as soon as possible before the buyer is high and the seller must systematically recall the current market situation, sales references and the unpredictable direction that the market can take.
This is the moment when the market statistics bombard the seller, it is when you constantly remind him of the current situation, let the information sink deep into his mind. Recall the positives of this agreement, buyers should be reminded that this is the investment and choice of what has required so far as well as vice versa.
Mediation is a long process, and full of different situations, the mediator should be a package that offers liquidity in the process and not a rotten pig.
You will soon realise that this “Standoff” is just one part of this negotiation. Mediation is an art, it is a craft that not everyone is lucky enough to learn, control and use. It is that you can urinate and anticipate the process, leaving the pain and frustration of dead deals behind you forever.