Download - Santa Fe Real Estate Guide March 2011
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8/7/2019 Santa Fe Real Estate Guide March 2011
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Santa Fe Real Estate Guide
The residential marketBathroom remodeling
March 2011
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231 Washington Avenue 505.988.8088
We Know Santa Fe Real Estate
Welcome to Knowing Santa Fe a completely unique proprietary online experience for th
looking to buy or sell real estate in Santa Fe, New Mexico.
What makes knowingsantafe.com so unique? It's been crafted to suit the needs of both buyers
sellers with our proprietary Santa Fe Property Explorer, delivering the most detailed information pos
about our Santa Fe real estate listings; land, farms, ranch properties and Santa Fe homes for sale.
only do we showcase photos of every nook and cranny (literally), but you will feel the propert
whether you are across the street in Santa Fe, elsewhere in New Mexico or half a world away. Vi
tours, detailed descriptions about finishes and special features, dimensions of rooms, plans and map
the property, downloadable brochures, and other features are available. We provide you complete ac
to the Santa Fe MLS listings in addition to our extensive internal listings of luxury homes and proper
Because its like no other real estate site youve ever visited, youll know what to expect before you
set foot on the property. We guarantee it.
But what makes our practice truly special? Our 50+ years of experience understanding the nuancethe Santa Fe real estate market and helping our clients find the Santa Fe properties they are looking
Its not always easy to navigate the Santa Fe real esta te scene. Santa Fe is a unique locale. So, if yo
lived here for awhile, or are just visiting Santa Fe for the first time, we can be of assistance.
KnowingSantaFe.comBecause its like no other real estate site youve ever visited, youll knowwhat to expect before you ever set foot on the property. We guarantee it.
RANCHO ALEGRE
MLS# 803749
BROWNELL HOWLAND
MLS# 807215
THE NEDRA MATTEUCCI
GALLERY COMPOUND
MLS# 803321
RAY RUSHDirect 505.984.5117Mobile 505.577.5117
TIM VAN CAMPDirect 505.984.5118Mobile 505.690.2750
JOHN RIGATTIDirect 505.984.5141Mobile 505.660.3353
Knowledge
~
Distinctive
Properties
~
Experience
GARCIA STREET
MLS# 201003410
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HOME MARCH 2011 3
MARION SKUBI GROUP
Marion Skubi Johnnie Gillespie
Aleka Moore
www.santafesir.com www.sothebyshomes.com/santafe 326 Grant Avenue 505.988.2533
MarionSkubi.com
Marion SkubiABR, CRB, [email protected]
Johnnie GillespiePartner, Marion Skubi [email protected]
Aleka MooreOperations Manager, Marion Skubi Group505.954.0732 [email protected]
71 GRAYTHORN$1,350,000MLS# 201100036
Remarkable Craftsmanship,Elegant Views
Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.
8 ENTRADA HERMOSA$949,000
MLS# 201100430
Featured Listings
Classic Pueblo-style Home
25 HONEYSUCKLE$840,000
MLS# 201100103
Inviting Santa Fe Style
PASEO DEL PALOMA
$1,395,000MLS# 201100061
Remarkable Views
Why search for Santa Fe Real Estateon MarionSkubi.com?
View all of our listings
Search the entire Santa Fe MLS
Save searches and favorite properties
Receive daily emails for:- Price Changes
- New Listings- Status Changes
Updates on Santa Fe Neighborhoods, Events,and Real Estate News
Monthly State-of-the-Market Reports
Why search for Santa Fe Real Estateon MarionSkubi.com?
View all of our listings
Search the entire Santa Fe MLS
Save searches and favorite properties
Receive daily emails for:- Price Changes
- New Listings- Status Changes
Updates on Santa Fe Neighborhoods, Events,and Real Estate News
Monthly State-of-the-Market Reports
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8/7/2019 Santa Fe Real Estate Guide March 2011
4/49BLACK CYAN MAGENTA YELLOW
4 MARCH 2011 HOME
A r t o f LIVING
F i n e p r o p e r t i e s t o s u i t y o u r S a n t a F e l i f e s t y l e
326 Grant Avenue, Santa Fe, NM 87501 505.988.2533 800.409.7325 www.santafesir.com www.sothebyshomes.com/santafe
w w w . s a n t a f e t e a m . c o m
Santa Fe Team
Jennifer Gallagher, 505.660.8793 Moo Thorpe, 505.780.0310 Chris Haynes, 505.660.6121
213 CAMINO ENCANTADO $1,295,000
6 COLUMBINE $529,500A delightful 3BR, open floor plan home plus studyand an attached studio in gated Salva Tierra.Spacious kitchen with granite tile counters includesdining and a family area. Two wonderful patios withviews of the Sangre de Cristo and Jemez Mountainsas well as mature landscaping. Three-car garage.MLS# 201005229
Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.
PRICE R
EDUCED
$200,00
0
NEWL
Y PRICE
D
20 TECOLOTE $1,175,000This exceptional Las Campanas home was built byone of Santa Fes most prestigious builders, DougMcDowell. The property consists of a 2BR mainhouse and an attached 1BR guest suite. Spaciousportal with a fireplace overlooking the gardens andmountain views. Just under 1/2 acre.MLS# 201005687
2906 PLAZA BLANCA $3Exceptional free-standing unit, light and briggreat Southern exposures. Open concept dining room. Living room has high ceilingfireplace. Master is very private with large closet. Large 2-car garage and full laundryLandscaped, large and private patio with direct to walking trails. MLS# 201100109
For your new and evolving Santa Fe lifestyle, trust the Santa Fe Team to fi
your ideal property. Amid natures splendor Culture, Tradition, Communitsavor the Art of Living!
Perfectly situated on CEncantado, this home feels liin the country, but is only two
from the Plaza. A large entry
welcomes guests into the foy
a grand, circular wooden stai
The 4,450 sq ft home offer
bedrooms, four and one half
five fireplaces, beams, dram
carved corbels, gourmet kitchen
master suite that occupies the
2nd floor. Lovely garden
recirculating stream and enterta
patio. MLS# 201004150
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HOME MARCH 2011 5
SANTA FES MARKET LEADERWe Outsell All Other Santa Fe Brokerages.*
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sothebys International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by Sothebys
International Realty, Inc. Sothebys International Realty is a registered trademark.
231 Washington Avenue 505.988.8088 www.santafesir.com www.sothebyshomes.com/santafe 326 Grant Avenue 505.988.2533
Shane
Cronenweth984-5158
www.ChooseSantaFe.com
11 ABIERTO WAY $875,000Enter a private courtyard, gaze through a dramatic glass-walled entry galleria, and be awestruck by vast mountain andsunset views. The exciting design of this chic 2008 home is evident, with high beamed ceilings, luxury finishes and customdetail. The open concept floor plan has splendid spaces, including an impressive great room, high-end kitchen, and
fabulous portal opening to gardens and views. The private master includes a lavish bath with a magnificent stone wall.Equity Golf Membership is included. MLS# 201100580
24-C PASEO ENCANTADO NE $815,00Lose yourself in dazzling sunsets and an unbelievable carpet stars from this marvelous custom Tesuque residence on 5acres. Southwest style with Mediterranean accents createsdelightful ambiance. Tiled floors, soaring ceilings, hantroweled plaster walls, vigas and abundant antique architecturelements enhance the home. With its dramatic living roomromantic master suite and lovely guest quarters, plus a hugentertaining portal and spacious landscaped grounds, this isSanta Fe dream. MLS# 201005595
11 LONGHORN LANE $1,075,000Ultimate country luxury amid sweeping vistas defines thisexquisite one level Sharon Woods home, in gated La TierraNueva. The splendid living room has soaring ceilings, hugewindows and opens to a fabulous portal. The lavish master suitewith fireplace and picture postcard view is heaven, and the eat-in kitchen is a cooks pleasure. Enjoy the library/media room,remarkable garden room, enchanting guest house andspectacular landscaping. Hand-troweled plaster walls, beams,tile floors, A/C. Horses welcome. MLS# 201004244
03-1/2 VICTORIA STREET $898,000Come home to this warm, inviting Historic Eastside 2,837 sq ft
ouse imbued with authentic southwest detail, including covedeilings with vigas, hand-troweled plaster walls, lovely tiledoors and kiva fireplaces. Featured are a dramatic sun-filledving room with portal, terrace and walled gardens, a fantasticining room, and an impressively equipped kitchen witheparate breakfast room. The excellent master suite has aanopied deck and sunset views. Includes a two-car garagend built-in speaker system. MLS# 201006010
1344 UPPER CANYON ROAD $1,500,00Remarkable value! Behind gates and superbly sited on a prime Eastside 1.87 acre lot, thmarvelous home with attached guest apartment merges modern amenities with historic elementWith prized sunset and mountain vistas, the house has a gorgeous 43' great room, two portalsfantastic grill island, and spacious deck. Featured are a lovely master, high-end country kitchehandsome family/media room, private office, wine/storage room, rich hardwood floors, generoumotor court, and a groomed hiking path. MLS# 905559
07 EAST PALACE AVENUE, #16 $395,000Simply irresistible! In a 1920s adobe four unit building, nestled in desirable La Vereda Compound,his enchanting 1,170 sq ft, two bedroom home is awash with light, and offers southern, mountainnd sunset views. Exquisitely restored and updated, it features hardwood floors throughout,
Craftsman-style windows and doors with float glass panes, custom tile work in the kitchen, bathnd fireplace hearth, a deep Juliet balcony for dining, and a lovely garden. A pleasant stroll to both
Canyon Road and the Plaza. MLS# 201100443
NEWLISTING
Caroline
Russell954-5530
www.ChooseSantaFe.com
Dont Miss Insiders Guide to Santa Fe, at ChooseSantaFe.com
NEW
LISTING
NEWPRICE
NEWPRICE
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6/49BLACK CYAN MAGENTA YELLOW
6 MARCH 2011 HOME
SANTA FES MARKET LEADWe Outsell All Other Santa Fe Broke
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sothebys International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by SothebysInternational Realty, Inc. Sothebys International Realty is a registered trademark.
326 Grant Avenue 505.988.2533 www.santafesir.com www.sothebyshomes.com/sant
V i s i t O u r P o r t f o l i o o f O u t s t a n d i n g H o m e s & H o m e S i t e s a t
w w w . H o m e T e a m S a n t a F e . c o m
H O M E T E A M S A N T A F E
D A V I D
R O S E N :5 0 5 4 7 0 9 3 8 3
C H R I S T O P H E R
R O C C A :5 0 5 4 9 0 2 9 9 9
EXCEPTIONAL LIVE/WORK LOFTMarquez PlaceHandsomely finished contemporary
style 2BR, 2BA, live/work townhouse loft in a park-
like setting with light-filled interior spaces plus a
private garden. The main level Great Room
includes 3 distinct areas with tall ceilings, large
windows,scored concretefloors and doorsopening
to garden plus galley kitchen. Upstairs is a second
bedroom, bath and laundry. MLS 201006300
OFFERED AT $379,000
SUBLIME SOPHISTICATIONOne of the remarkable remodel stories at Quail Run,
this 2BR, 2BA, single-level, Pinon C home, replete
with denand landscapedgardensraises thebar.The
deft hands of world travelers with expertise in design
and architecture have created a truly wonderful
home. Theessence of Pueblo Revival style remains,
enhancedwith Art Deco touchesand echos of Paris,
New York and Marrakesh. MLS 201006316
OFFERED AT $789,000
MAGDALENA COMPOUNDEastsideSeldom on the market, the original
Magdalena Compound residences are infused with
authentic charm andthe unique sensibilitiesof Santa
Festyle.Thishandsome2BR home isno exception.
All the elements, from the large Great Room, to the
fireplaces, beamed ceilings, formal dining, outdoor
living areas and 2nd floor sleeping rooms will delight
you and evoke the essence of Santa Fe.
OFFERED AT $775,000
FOOTHILLS ADOBEWith the Sangre Foothills as a backdro
of theSandiasand Jemez at thefore, th
2BR, 2BA, plus den, solar-designed a
sited on 5+ rolling acres, offers authen
living in a remarkablesetting. Santa Fes
in exposed adobe walls, arched adobe
circular rock fountain, solarium and fir
more. Horses allowed. MLS 201005974
OFFERED AT $599,000
Pam Wickiser
Bob Dunn505.470.9883
Enjoy the golf course, tennis courts, a modern exercise facility, indoor pool, jogging trails and the highly acclaimed restauran24-hour manned gated security. Located 3 miles from the Plaza.
New Listings at Quail Run Santa Fes Premier Gated Community
Combined55 years of Santa Fe
Real Estate Experience
HACIENDA MODEL, $1,335,000 #201100
PINON E MODEL, #676$950,000 #201006515
PINON E MODEL, #907$875,000 #201100446
PINON C MODEL, #667$665,000 #201006457
PLAZA B MODEL, #201$410,000 #201100246
124 MATEO CIRCLE NORTH$468,000Elegant Stamm home withrecent designer updates.Great city location minutes to
the Plaza, medical facilitiesand shopping. A uni quefeature is all 3 bedroomshave their own in-suite baths.MLS# 201001539
614 GRIFFIN STR$348,000Perfect Santa Fe gThis charming, Santa Fe-style co
walking distance P laza and t he bSanta Fe. Two beplus 2.5 baths.MLS# 201005401
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8/49BLACK CYAN MAGENTA YELLOW
8 MARCH 2011 HOME
KEVIN BOBOLSKY
505.470.6263
231 Washington Avenue 505.988.8088 www.santafesir.com www.sothebyshomes.com/san
MARILYN FOSS
505.231.2500
Operated by Sothebys International Realty, Inc. Sothebys International Realty is a registered trademark.
506 JOHNSON LANE Romance and character resona
quintessential 2BR, 2BA, Eastsi
home on a quiet lane off Garcia. V
and wood floors, 3 fireplaces and
walls. Walled patio entry. #2010056
71 VIA PAMPA LAS CAMPANAS $2,000,000The finest art in the world would feel safe and comfortable in this home. Superb finishes,
spectacular views, 5,200 sq ft of elegant and refined living space, tons of sensational wall
space, 3BR suites and a professional kitchen. #201006155
HOLMAN RANCH $2,450,000A stunning and rare retreat comprised of
approximately 850 acres, 2 springs and the
Mora River running through it. Wander from
the wonderful historic adobe compound in a
lush river valley on trails leading up into
aspen and pine forest in the beautiful Rincon
Mountains. #201001402
403-405 SOSAYA OFF ACEQUIA MADRE$1,195,000Historic Willard Clark (1910-1992) home.
Former home of one of New Mexicos
beloved early 20th Century artists. Incredible
gardens, gourmet kitchen, and master suite
deck. Two separately deeded lots. Close to
Canyon Road. #201003163
RIVER SONG RANCH $1,495,000Abiquiutwo story, adobe home right on the
river with over 700 feet of Chama River
frontage. Lots of New Mexico charm and
nestled under the cottonwood trees! Three
bedroom, 3 bath, 3,700 sq ft home on
19.676 acres. Includes a barn with a
wranglers quarters, studio, and irrigated
pasture. #201003416
ROCIADA SPRINGS RANCH $3,500,000350acre +/- fencedand gated alpine andaspen
meadow retreat with a totally rebuilt compound.
Historic cabins and stables. Spring fed ponds.
The Rito deGascon runsthrough the ranchand
the Gascon Trail borders the property line.
Additional acreage available. Approximately 1.5
hour scenic drive from Santa Fe. #201001751
www.ranchnewmex.com
Marilyn Foss with Sheila Paterson, left, and Dilys E
15 CERRO BLANCO $539,000Soft, Southwest Contemporary-style 3BR,
2BA single-level home with stunning views of
the Galisteo Basin and Cerro Colorado. A 7
acre lot allows for horses and a 1,200 sq ft
studio or guest quarters. #201100489
75 AVENIDA DE LAS CASAS $Custom 3BR, 2BA, 2,054 sq ft, single-level home at Casas de San Juan. Views an
and in this exclusive gated community next to the Santa Fe Opera. Great room, 3 f
radiant heat and 3 patios. #201100205
NEWLISTING
NEWLISTING
Marilyn Foss is
pleased to announce
her new National
Association of
Realtors designation
as a Seniors Real
Estate Specialist
SRES
Serving those 50
years of age
and older
Marilyn Foss is
pleased to announce
her new National
Association of
Realtors designation
as a Seniors Real
Estate Specialist
SRES
Serving those 50
years of age
and older
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8/7/2019 Santa Fe Real Estate Guide March 2011
9/49PAGE 9 BLACK CYAN MAGEN-
HOME MARCH 2011 9
SANTA FES MARKET LEADERWe Outsell All Other Santa Fe Brokerages.*
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sothebys International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by Sothebys
International Realty, Inc. Sothebys International Realty is a registered trademark.
www.santafesir.com www.sothebyshomes.com/santafe 231 Washington Avenue 505.988.8088
LUCIE LAWSON505.670.4789
616 LOS ALTOS NORTE $1,295,000This exquisite home is carefully crafted with soothing, freeflowing interior spaces, combined with expansive vistas andwalking trails to town. Features include a fabulous livingroom, master and 2 guest suites, upscale kitchen, office,breakfast nook, 4 fireplaces, outdoor entertaining area,plaster walls, ceramic tile floors, and AC. MLS# 201006226
957 PASEO DEL SUR $899,000Minutes from the Plaza, sited on 1.02 acre, this marveloushome, suffused with light, sits high on the lot to capture theviews from the main living areas and master suite. Weldesigned with a new heating/AC system, it offers a gourmetkitchen with upscale appliances, great room with fireplaceseparate dining room, spacious master suite, and officeplus two guest suites with private baths. MLS# 201002264
528 CAMINO LOS ALTOS $1,349,000Nestled behind courtyard walls this stylish, singlelevel home with a detached guest house, designedby John Midyette, offers exceptional livingspace andis well located to downtown.The interior is warm and
inviting, featuring wood and beam ceilings, 4fireplaces, corner windows, a spacious great room,luxurious master suite and upscale eat-in kitchen.The large covered portal showcases striking viewswhile providing a superior outdoor living area. MLS#201003689
409 LOS ALTOS WAY $2,200,000Spacious and light filled, sited on 3 acres with panoramicviews, this custom LeMaster home offers exceptional livingspace, lovely plaster walls, tile floors, professional kitchen witha breakfast nook and fireplace, separate master plus 2 guestsuites, office and self contained family area with bedroom,bath and living room. Beautifullylandscaped. MLS#201004750
Ashley Margetson CRS, GR9 8 4 . 51 8 6 C e l l: 9 20 . 2 3 00
SANTA FES FINEST B&BA historicadobe in perfect locationdowntownis a pretty walk 3 blocks to the Plaza. 18 loveguest rooms with stylish baths, plus live-managers suite. Charming breakfast greroom; elegant, comfortable public spacepatios and deck. Loaded with characteambiance, and Santa Fe style. Parking loEstablished perennial landscaping. $2,950,00
RANCHITOSANTUARIO
Expanses of open views inevery direction yet total sereneprivacy. Wonderful floorplan!
Several living spaces, withpanoramic views. High, pitchedceilings, stained concrete andmarble floors, fun open conceptkitchen. Outdoor living spaceslook over G al isteo Basin.Stunning pool environment.
$900,000
SPANISHCOLONIALMASTERPIECE
On 2.5 private, wooded acres thiselegant Spanish Colonial-stylehacienda features 4,400 sq ft withexposed adobe walls, separatedining, family room, 4BR and3.5BA. A glamorous curvingstaircase leads to the mastersuite, office and sunroom. Greatkitchen with breakfast area, andvast entertaining deck! Now maybe best buy on market! $695,000
EXQUISITEPERFECTION
A compound of comfortableluxuryand seclusion with breathtakingviews on 50 acres, 12 minutes totown. Antique doors, stonefireplaces, handsome hardware,gorgeous plaster and divinefinishes. It has everything!Mainhouse, guesthouse, studioand office, and caretaker casa, allcustom best of everything, ingated Los Caminitos. $3,750,000
HISTORICSTORYBOOKHOUSES1898 adobe house, guest houseand art studio. Off CanyonRoad. SO special! High old
trees. Plenty of parking.Ambiance charm character.New wiring, plumbing andunseen necessities authentic,original interiors! One of amagical kind! You have neverbeen anywhere like this.
$999,000
DIVINE EUROPEANVILLA
Exquisite European-style villa withhigh beamed ceilings, beeswaxrubbed Venetian plaster walls,Italian tile floors, antique doorsand columns, the loveliest finishesand fixtures, and on 11 acres asprivate as a palazzo in Piacenza.Expansive rooms and expansiveviews, 3BR and baths, extra familyroom, 3,000sq ft,and5 minutes tothe Plaza. $1,195,000
ABIQUIU LAKEWATERFRONT
Waterfront! Sunning and dramaticview lot with spectacular waterviews, red cliffs, and GhostRanch from this scenic 10 acreretreat 1 hour from Santa Fe.Magnificent building sites, welland utilities. Owner/Broker.
NOW $399,000
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8/7/2019 Santa Fe Real Estate Guide March 2011
10/49BLACK CYAN MAGENTA YELLOW
10 MARCH 2011 HOME
Emily Loves to Sell Santa Fe!
SANTA FES MARKET LEADWe Outsell All Other Santa Fe Broke
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sothebys International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by SothebysInternational Realty, Inc. Sothebys International Realty is a registered trademark.
231 Washington Avenue 505.988.8088 www.santafesir.com www.sothebyshomes.com/santafe 417 East Palace Avenue 505.982.
FREDRAZNICK
Direct: 505.984.5142 Cell: [email protected]
15 WILOWA LANE
$498,000Captivating mountain viewson a wonderfully woodedand very private 5 acre lot.3,150 sq ft. 3BR, 3BA tri-level home with living anddining rooms, kitchen andbreakfast room. Separateentry for studios, offices, oradditional living spaces.Private well. RefrigeratedA/C. #201100100
52 HERRADA ROAD $339,000Light and airy 1,760 sq ft, 3BR, 2BAhome with family room, separateliving and dining rooms, adjoiningkitchen. Large fenced yard, 2walled courtyards and portals. Tileand hardwood floors, beam ceilingswith wood decking throughout.Natural gasradiant heat.1.5 mountainview acres.#201006303
ELDO
RADO
APAC
HERIDG
E
360 Garcia Street $1,100,000 (S)
3248 Nizhoni $305,000 (S)
4 Escondido Mountain $332,000 (S)
113 Michelle Drive $425,000 (S)
42 Camino Tetzcoco $498,000 (B)
12 Herrada Court $334,000 (B)
Emily Medvec brinunique set of varesources to the tabbuyers and sellersfocuses her vision, othe-box thinking internet savvy on wimportant to you.
Call Her Toda
C ell : 5 0 5 .6 6 0 .4 5
santafe@emilymedve
emilymedvec.com
buysantafehomes.c
Blog: onsantafe.co
Emily MedveCRS | SRES | RS
RECENT SALES 2010 2011
Emily Loves to Sell Santa Fe!
CURRENT LISTINGS 2011
88 Amberwood Loop $1,200,000
77 Fin del Sendero $875,000
110 Calle Pinonero $495,000
2226 Calle Alvarado $368,000
LOTS
72 Encantado Loop $178,000
1409 Hickox $120,000
2999 West Alameda $160,000
1888 Camino De Pabilo $219,000 (B)
11 Paseo Luna Blanca $236,000 (B)
6597 South Richards $249,000 (B)
2408 Calle Loma Bonita $235,000 (B)
1019 Calle Carmelita $239,000 (B)
(S) = Seller (B) = Buyer
Experience + Marketing + Negotiation = Results
Eldorado285AreaHomes.com Tune in Every Sunday
All Things Real EstateRADIO SHOW
Join host Rey Post and his guests each Sund
at noon on Santa Fes Talk 1260 KTRC-AM
REMOTE BROADCASTSThe remote broadcast at my HOA/Condo Association Seminarthe Hotel Santa Fe was everything I had hoped it would be bothterms of the number of people and diversity of associations in
attendance.We had great interactions betweenattendees and the expert presenters and the remotebroadcast concept gave it added credibility while alsoexpanding the audience. I definitely plan on staging
other remotes in 2011.
Tom Simon, Principal of Westgate Properties, LLC
Contact Rey Post to schedule your
Remote Broadcast: 505.989.8900
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8/7/2019 Santa Fe Real Estate Guide March 2011
11/49PAGE 11 BLACK CYAN MAGEN-
HOME MARCH 2011 11
Featured Listings
505.988.28061-877-98 ADOBE
www.adoberealtyofsantafe.com
Beth E. FaurQualifying Broker
505-690-2713
Roseanna Z. GonzalesBroker Associate
505-470-5638
312 Camino Alire
Santa Fe, New Mexico 87501
BARRANCA ROADCustom Adobe Home on a tree-covered 2 acre lot with views.The artistry of the interior adobe walls, bancos & replaces
impressive.This 3 bedroom home offers an attractive split-levelmaster suite, viga & coved ceilings throughout, beautiful lighting,
xture & stone details,and various courtyards with fabulousardens & water features. $1,199,000 #201002674 Call Roseanna
PASEO BARRANCA
A Well maintained and updated Northeast side Santa Fe homenestled in a pinon covered landscape with mountain views,
privacy and convenience.3900 SF, 3 bedroom suites with fullprivate baths, large studio/ofce, plaster walls, Italian tile oors,3working replaces,in-oor radiant heat, foam roof with transfer-
able warranty,attached 3 car garage featuring a loft area foradditional storage and roof access. $895,000 Open House
1106 Paseo BarrancaToday 12-2. MLS# 201005650 Beth
GATEDCOMMUNITYHORSEPROPERTY
Country living at its best in the gated community
of Rancho San Marcos. 11.62 acres with expansive
views and riding trails throughout.This immacu-
lately maintained homes offers 3 BD,2 BA plus an
attached 3 car garage. Outbuildings include a horse
barn,tack room, hay storage and corrals.Water
catchment barrels, landscaped and treed prop-
erty make this an oasis in the high plains desert.
$345,000 MLS# 905580 Call Beth 505-690-2713
CIBOLACIRCLE
List Price $289,000
Sold by Roseanna Z. Gonzales
OLD PECOSTRAIL
The convenience of living on Old Pecos
Trail.This 3300 sf home with attachedguest house on nearly 1 acre of naturally
landscaped land offers 3 BD, 3 BA and 3 kivareplaces in the main house as well as a 1BD,1 BA and kitchenette.Antique doors,plaster walls, vigas and California closets.
Attractively priced at $699,000 MLS#905892 Call Beth 505-690-2713
DELGADOSTREET
Downtown Location - Just 3 blocks to the
Plaza from this 2 bdrm home and guest
casita. House with kiva, new heating system
and spacious rooms.Lots of light & up-
dated kitchen in casita. Good rental history.
$470,000 MLS#201004035 Call Roseanna
OPEN
HOUSE
TODAY 1
2 2
PRICE
REDUCED
Excellence, with a touch of grace
231 Washington Avenue Santa Fe, New Mexico 87501 505.988.8088
PerfectAdobeCasita207 Closson $475,000
Contemporary with Views1445 Nevado Ridge $1,100,000
Across fromGeronimos!653 Canyon Road, #16 $750,000
HugeHouseandGuestHouse1295 Vallecita $599,000
GreatHouseandValue6388 Jaguar Drive $170,000
LandNearEldorado6 Cerro Circle $75,000
For more detail visit: www.emilygarcia.com
505.955.7963 505.699.6644
TREMENDOUS VALUES that will be remembered for years to come...
WalktothePlaza112 La Vereda $799,000
Emily Ivette GarciaCRS, Real Estate Broker
400AcreOasisMimbres Valley $1,980,000
GalisteoSerenitywithStudio13 Marcelina Lane $994,000
PicturesquePueblo Style10 Petroglyph Place $700,000
Ramah,NMRetreat61 Shorecliff Ramah $400,000
2LegalLotsAbiquiu Land $90,000
OUT OF TOWN
A soft, contemporary design with natu-ral finishes such as Anazasi stone walls,custom plastered walls, and expansivewindows enhance this stunning SantaFe Summit home. Featuring outstand-ing mountain views this 3,581 sq ftproperty with open living spaces, agourmet kitchen and butlers pantry,a spacious master suite located on thelower level down an elegant spiral stair-case, two offices, second bedroom suiteand private outdoor patios. Uniquelysited on 1 1/2 lots for privacy.
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12/49BLACK CYAN MAGENTA YELLOW
12 MARCH 2011 HOME
326 Grant Avenue 505.988.2533 www.santafesir.com www.sothebyshomes.com/santa
NEIL LYON GROUP
NEIL LYON, CRB, CRS, GRIDIRECT: 954.5505 CELL: 660.8600
EVELYN SPIKER,CRS, GREEN, RSPSDIRECT: 954.5556 CELL: 930.0999
VANESSARIOS Y VALLESDIRECT: 954.5522 CELL: 231.3708
49 RANCHO ESCONDIDO
This stand-out estate includes a fabulous main house, an unusuallyspacious guest house, a charming casita, heated stables, a poolwith cabana and an incredible outdoor kitchen. The craftsmanshipand details are of the highest quality. #201003102 $13,500,000
3 CALLE VENTOSO WEST
Fabulous 4BR home plus an office featuring magnificent mountainviews. Quality finishes include travertine floors, granitecountertops, beautiful plaster and woodwork throughout. EquitySocial membership included. #201100852 $1,150,000
TESUQUE LAS CAMPA
MUSEUM HILL LAS CAMPA
WILDERNESS GATE VILLAS OF BISHOPS LO
1055 OLD SANTA FE TRAIL
A classic Santa Fe residence on 2.8acres.Terrific location providingwonderful views of the Sangre de Cristo Mountains. 4BR, 6,568 sq ft,with formal living and dining areas, an office and library. Gorgeousoutdoor spaces. #201100111 $1,350,000
36 SIERRA ROSA LOOP
Lovely 3BR, 3.5BA residence with a dramatic living and dining room aswell as a wonderful family room right off the large chef's kitchen.Classic and high-quality finishes found throughout. Wonderful entrycourtyard and portal spaces. #201005189 $850,000
2232 WILDERNESS ARROYO
An exquisite home offering privacy, convenience, and magnificentviews. The property includes a 4BR main house plus very largestudio casita. Masterfully renovated by Wolf Corp. Minutes to town.#201002730 $1,975,000
4-A LODGE CIRCLE
An exquisite residence in the Hills and Villas at Bishop's Lodge.3BR, 3BA, Santa Fe-style finishes, large bedrooms, high ceilings,and multiple patios. Community amenities included. #201002437$675,000
NEW LISTING
NEW LIST
2232WildernessArroyo.com
36SierraRosa
4ALodgeCircle.c
24 TANO ESCONDIDO
The romance of Northern New Mexico is captured in thisTraditional-style, pitched-roof, 5BR residence. Incredible attentionto detail. Large portal with outdoor fireplace and a beautifullylandscaped yard with water feature. #201100515 $1,650,000
6 PLAZA MOLLENO
Stunning 3BR, 4BA residence in Las Campanas. Perfect blend ofcontemporary and pueblo-style design with breathtaking views oftheSangrede Cristo Mountainsand the Sunset Golf Course fairway.#201100255 $1,575,000
TANO ROAD AREA LAS CAMPA
NEW LISTING
UNDER CONTRACT
NEW LIST
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HOME MARCH 2011 13
www.santafesir.com www.sothebyshomes.com/santafe 417 East Palace Avenue 505.982.6207*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sothebys International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by Sothebys
International Realty, Inc. Sothebys International Realty is a registered trademark.
SANTA FES MARKET LEADERWe Outsell All Other Santa Fe Brokerages.*
DARLENE STREITAssociate Broker
505.920.8001 [email protected]
SantaFeRealEstateScene.com
Linda Gregory, Licensed Assistant505.438.6757 [email protected]
1224 NORTH SUMMIT DRIVEThis home offers an elegant mastersuite, 7 fireplaces, high ceilings,plaster walls, stained concrete floors,a 2-car garage, heated driveway,extensive flagstone terraces, infinityp oo r, p an or am ic v is ta s, a nd aluxurious guest house.
MLS# 201001398 $1,800,000
815 EAST PALACE, #12The quintessential getaway in Santa Fe!Three BR adobe condo tucked into thehistoric Eastside hills. Wood-burning kivafireplace, brick floors and a private, tree-covered patio with mountain views.
MLS# 201100253 $650,000
DERMOT MONKSAssociate Broker
c 505.470.0639
t 505.946.2258
f 505.946.1615
[email protected] dermotmonks.com
RANCHO DE JACONITA $5,000,000Family compound on 43+ tranquil acres situated for the ultimate in privacy. 7,000 +/- tripleadobe main house with a 4,000 +/- sq ft, 3BR, 3BA, gourmet kitchen, and a
randparents/guest house. Two separate guest casitas, workshop, swimming pool,Sangre de Cristo views, 2 pre-moratorium wells, 11+ acre feet water rights, and 11+ hoursacequia rights. Pasture lands, 80+ feet high cottonwoods ideally located between thePojoaque River and the Barrancas. Owner is a New Mexico Real Estate Broker.MLS# 201000703
41 RANCHO ESCONDIDOExtreme privacy and views within this41+ acre lot less then 5 minutes fromSanta Fes historic plaza. A 1.5 acrebuilding site within a 41+ acreconservation easement. Horsebackand hiking trails. Simply the bestSanta Fe has to offer.
MLS# 201100052 $1,450,000
2005 SENDA DE ANDRESSun-filled contemporary in a gorgeous
wooded setting minutes from thePlaza. Great house for entertainingwith open floorplan living/dining roomwith patios to the east and west.Sky li gh ts a nd a nt iq ue b ea msthroughout. Travertine tile floors inliving/dining/kitchen and white ceramictile floors in bedroom wing.
MLS# 2 01100 75 6 $ 749 ,000
99 MEJOR LADOLight, airy and spacious best describes this3 bedroom, 4,100+/- sq ft, Adobeworkshome with panoramic mountain views andsunsets. Oversized 3-car garage and 1,000sq ft attached casita with private bath.
MLS# 201100448 $745,000
638 CAMINO DEL MONTE SOLIn traditional Santa Fe style, this 4BR, 3,600sq ft adobe on the historic Eastside has abricked entry portal, vigas and beams,wooden floors and hand-carved doors. Theproperty includes an English garden.
MLS# 201005540 $1,299,000
HYDE PARK, ADJACENT 800 EASTThis beautiful estate lot offers 68 acres witgreat development potential. Locatewithin walking distance to the HistorPlaza. One of the last of its kind.
MLS# 201006501 $2,300,00
1307 LEJANO LANECharming 2,890 sq ft home located on th
desirable Northeast side. This loveproperty offers high ceilings with vigas anbeams, an updated kitchen, 2 fireplaces, family rooms and a large deck.MLS# 201006220 $640,00
NEWPRICE
413 PLAZA LOMAS, LOT #34Winner of the multiple awards in the 200Parade of Homes. High-end finishesseparate casita could be a studio or guehouse. Borders open space and 5 minuteto downtown.
MLS# 201006501 $625,00
NEWPRICE
GREAT ES
TATE
LOT
NEWPRICE
NEWLISTING
NEWLISTI
NG
NEWLISTING
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14/49BLACK CYAN MAGENTA YELLOW
14 MARCH 2011 HOME
326 Grant Avenue 505.988.2533 www.santafesir.com www.sothebyshomes.com/sant
SANTA FES MARKET LEADWe Outsell All Other Santa Fe Broke
*Based on dollar sales volume obtained from the Santa Fe Association of Realtors Multiple Listing Service and Sothebys International Realty sources. Deemed reliable but not guaranteed and subject to change. Operated by Sothebys
International Realty, Inc. Sothebys International Realty is a registered trademark.
I have been asked by countless clients about how theSanta Fe Real Estate market is fairing, so I decided thatmany of you might want to know the real facts andfigures. In a nutshell, the data is mixed with some goodnews and some not-so-good news.
In this newsletter I focus on the greater Santa Fe area(city andcountysingle family residences) with numbersbroken down for both county and city compared acrossa two year time span and then a further dissection forjust the Core Historic area which I define as thefollowing boundaries: Santa Fe River to the North, OldSanta Fe Trail to the West, Garcia to the South andCamino del Monte Sol to the East. I analyzed the totalnumber of units sold and average prices for the cityversus county comparison and I added an additionaldimension average price per square foot for the Core
Historic District.
What the numbers are showing: as a whole our SantaFe numbers are showing consistent trends with therest of the nation which when generalized indicatethat city properties are holding up better than countyproperties. Within the city limits the number of unitssold increased by approximately 11% along with an11% increase in average price. The average price of atypical Santa Fe City single family residence in 2010 isapproximately $341,750 up from the 2009 estimate of$308,000. The county on the other hand experiencedequal numbers of sales year over year, but lostapproximately 5% in average sales price, coming in atapproximately $ 367,588.
What I found to be the most interesting statistic was
the comparison between all residential sales (singlefamily homes plus condos) in the Core HistoricDistrict. While we had a phenomenal increase innumber of units sold year over year up 66%, theaverage sales price dropped by 21% in 2010 bringingdown the average sales price to $772,087 as comparedto the 2009 average sales price of $983,077. I furtherstudied the average price per square foot, which alsodeclined significantly by 26%, now hovering around$346.00 a square foot as compared with the 2009number of $468.00.
What is this telling us? At least forthe sales that occurredduring 2010, the majority of the sales were on the lowerend as compared to the sales in 2009. That is not to saythat we didnot have some higher priced homes selling inthe Historic Eastside, it is only to say that thepreponderance of sales were in the lower end, therebybringing down the overall average sales price, as well asthe average price per square foot.
In 2009 nearly 39% of the total sales in Core Historicwere over 1 million dollars, whereas in 2010 only 25%of the sales were over 1 million dollars, but twice asmany sales in the under $500,000 category. Essentiallywhat this is telling us (at least forthis past year) is whatseems to be selling are lower end properties, manybeing condominiums and to a lesser extent higherpriced homes.
I believe we are likely to see this change in 2011-2012
with the wealthier client feeling more confident aboutthe overall economy and economic recovery that seemsto be underway, along with recent runs in the stockmarket, adding dollars to their portfolios.
A more bullish stock market rally often precedes andsignals by several months a bullish transition for thehousing market sector as well. Housing will generallylag the stock market rally by several months whenentering into a bullish housing recovery. Often ahousing downturn can precede and somewhat predict a
future downturn in the stock market as wemarkets seem to be consistently intertwined, o
leading the other.
If the current stock market rally is indeed a gweather and indicator, I presume that we wdefinite and clear improvement in the housingparticularly starting in the upper end in 2011. see our previous pattern reverse with more sigin the higher end properties, which clearly wilthe Core Historic area along with other higcommunities.
Linda Murp
The Good..The Bad..and The Future...A two year comparison
Core Historic Eastside
Average Price Per Square Foot
36
21
$468
$346
$983,077
$772
Core Historic Eastside
Average Sales Price
Core Historic EastsideTotal Number of Units Sold
Linda is an expert at pricing a property to sell in a timely mannerno matter what the market is doing. Thats because she is on top of
the stats a real professional. Her staging tips and marketingexpertise proved invaluable in the three transactions she completedfor me in the past few months.J.K. Benson
Linda MurphyAssociate Broker
505.780.7711 505.954.5510
[email protected] www.lindamurphy.com
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HOME MARCH 2011 15620 Cerrillos Rd, 984 0955 53 Old Santa Fe Trail, 982 1296
Fine Furnishings & Accessories
A new look for Spring...
with our complimentary design services!
ACCs Design Team (from left)
Larry Nearhoof, formerly Harrods
Peggy Garcia, Teresa White, Jeff Fenton, VP Design
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16 M A R C H 2 0 1 1 HOME
Bathroom remodels make senseBy Paul Weideman
Y
oure thinking about a remodel job on a bathroom.
What kinds of things should you do, and how
much will it cost? One thing people want to do
is get rid of the old Mexican tile, said Rich Enrietta, vicepresident in charge of production at ChapmanCompanies
for over 35 years. Theyre going to the larger, 18-by-18-
inch tile to try to make the bathroom look bigger. Theyre
also upgrading the shower doors. Instead of the old-
fashioned slider doors they want the newer frameless door
thats cleaner-looking.
Enrietta said clients ask about the vessel sinks theyve
seen in magazines, but he stressed that those are examples
of the high-end types of things and that can really add up.
We did a remodel a couple months ago on a bathroom
that was about 10 by 12 feet and it was about $24,000. Then
we priced another one about the same size and it was more
like $35,000, just because of things like granite tops instead
of Formica.
He said Chapman has been doing remodeling for more
than 30 years, although the company took a little bit of a
break from such jobs when the single-family market was
really cooking a few years ago. From his experience, the
most expensive remodel work is that involving kitchens
and bathrooms. A job c an cost anywhere from $100 to
$300 a square foot, Enrietta said.
Remodelingmagazines most recent Cost vs. Value Report
shows that the price of an average bathroom remodel
a simple updating of paint and other standard finishes,
with a new tub is $15,752 in the Mountain Region of
the American West. A job that includes expanding the
bathroom from 35 to 100 square feet, relocating all fixtures,
and installing a spa tub, a shower with body sprays, two
sinks in a stone countertop, a humidstat-controlled exhaust
fan, and heated towel bars, costs closer to $52,000.
And now what about lead? The metal, which was used
extensively in house paints and other compounds before
its toxicity was known, is now the bane of remodeling
contractors, according to Steve Pompei, who has had
Pompeis Home Remodelingin Santa Fe for 23 years.
I feel were at a perfect storm in our industry. The new
lead ruling is a big issue, he said recently. Every contractor
in America has to be certified by the EPA to work on any
house built prior to 1978.
He refers to the Environmental Protection Agencys new
Renovation Repair and Painting (RRP) rule regarding lead.
It applies anytime the contractor will be disturbing more
than 6 square feet of painted surface.
First I have to inform the homeowner now that the
house may have lead, Pompei said. I have a lead test kit
and Ill take a diagonal cut through the bottom of a window
sill or door jamb to expose all the layers of paint. If it has
lead, youre [screwed]. We have to mask off the entire area
and we have to use a HEPA vacuum, which costs $1,200,
and all my guys have to wear Hazmat suits.
The RRP certification costs $700, and the fine for
noncompliance is $32,000.
We think this amounts to a 15 to 20 percent increase
in our business cost, he said. A project remodeling two
bathrooms for a duplex in Los Alamos had a price tag of
$46,200. Of that figure, $6,800 was for lead abatement.
Pre-1978. Thats all of Casa Solana, all of Casa Alegre.
This is my bread and butter, Pompei said.
Quite apart from the issue of homeowners who
do their own work, oblivious to the lead-dust dan
current work situation for remodel contractors in
several other challenges. More custom-home con
are doing remodeling to make up work lost on th
downturn. They might not understand the impor
A new bathroom by Chapman Homes
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HOME M A R C H 2 0 1 1 17
st control in protecting the family living there; and it
rtainly takes work from remodel-only contractors.
Today the jobs are much sma ller, with a lower dollar
ue, Pompei said. Up until about 18 to 24 months ago, a
throom remodel would be gutting it to the studs, maybe
panding the bathroom, adding new electric, relocating
umbing and doing all new fixtures, a jetted tub, and lots
tile.
Now I hear, Leave the tub, Steve, leave the cabinets.
ere maybe doing new tile, maybe a new countertop, andaint job.
Materials, permit, and regulatory costs are up, including
cause of the citys new Green Building Code. Im all
r it, but could you find a worse time? Its getting to the
int where only the ultra-rich will be able to afford to do a
throom remodel.
Its cheaper for the homeowner to hire unlicensed
ople to do the work. This is whats happening. I love it,
cause I know Ill be back there in a few years to repair the
stakes, Pompei said.
More than ever, people need to be hiring experienced,
ensed, insured contractors.
Getting down to the nuts and bolts of bathroom
models, Pompei said he helps clients focus on making
tter use of the space, whether you want a larger spacer a growing family or youre looking at aging-in-place
modeling, like How will I negotiate this tub in 10 years?
Most homeowners want to get rid of the 1970s look. That
n be done by choosing elegant, modern glass tile and
ne elements as well as vessel sinks and water-efficient
lets, including the dual-flush and Water Sense products.
Among the choices for updated bathroom countertops
e laminate, composites like Corian and Zodiaq, and
arble and travertine.
For bathroom floors, give me tile any day, Pompei
vised. And if you dont like tile because its cold, we can
a radiant electric mat under the tile.
He added that exhaust fans are very imporant, especially
the very tightly insulated, newer homes. The homeowner
should invest in a high-quality
Panasonic fan, because the
cheap ones are loud and theyll
end up never using it.
Remodel clients should be
prepared for roof penetrations
for venting. Almost every
bathroom remodel needs
one, Pompei said. Its needed
whenever you add or move atub or shower or sink.
Over at ReBath, owner Tom
Poulin said people are wanting
products that are easy to clean,
with little or no maintenance,
and more than ever are looking
for products other than
tile because of moldy grout
issues. We have solid-surface
products for tub and shower
surrounds that are nonporous
and very easy to clean. Weve
done a lot of the LG HI-MACS
product up in Santa Fe for both
those and for countertops.
Albuquerque-based ReBath
is going on its second year in
its current Santa Fe location on
Zafarano Street, following a few
years at Santa Fe Place. But
ReBath has serviced Santa Fe
the whole 28 years weve been
in business, Poulin said.
Overall, our remodeling
is up 17 percent over last year
and 2009 was up about 25
percent, so we have not seen
a downturn in our ReBath
or in our 5 Day Kitchens
Bathroom remodel by Pompeis Home Remodeling
RemodelingMarket Index,2001-2010
TIONAL ASSOCIATION OF HOME BUILDERS
business. What we have seen it in is our
home addition business, Poulin Design
Remodeling. That has not come backsince 2008.
The average price for b athroom
projects has come down a little, which he
attributes to people being more frugal.
ReBath is a Certified Aging in Place
Specialist. One thing we offer is a
bathtub-to-shower conversion with a
seat and grab bars for a safe bathing
environment, Poulin said. We also have
a line of walk-in bathtubs that we can
substitute for your old tub.
Interested homeowners will find a
wealth of remodeling resources at the
website of the National Association of
Home Builders. Check out nahb.org to
explore design, colors, cabinets, energy
efficiency, financing, and other aspects of
remodeling.
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18 M A R C H 2 0 1 1 HOME
If you know little to nothing about
a particular topic and have not much
inclination to educate yourself even if a
problem affects you directly, you would
be one of the hapless suckers born
every minute, so aptly described by P.T.
Barnum. His marketing principle, alas, is
not limited to huckstering paying fools
into the circus sideshow, but thrives in the
worlds of politics and academia.
Mental entropy can be, and is, relied
upon in ivory towers and halls of power
to direct or, in a more sinister way, to
nudge thinking and behavior to guide
policy. As you might imagine, I do not
intend to address geopolitical issues; I
will simply point out, again, how a void in
critical thinking applies to even the most
humble of the building arts - earthen
architecture. When you throw greenbuilding into the equation, the hyperbole
directed at the brain-dead grows
exponentially.
In this context I have had a lot of fun
with Mr. Barnums protgs. Remember
the zero-energy emerald, http://
crockerltd.net/adobe_zero_energy.htm?
And the Rastra scam, http://crockerltd.
net/adobe_rastra.htm? (I have an update
on Rastra - Oh, code enforcers! It
conducts water like a sieve and you need
to require, not prohibit, a moisture barrier
on the walls.) And, in exasperation,
bucket walls, http://crockerltd.net/adobe_
greenbuilding.htm.
Here is another good one. The
Spanish at the University of Seville
have collaborated with the Scots at the
University of Strathclyde to develop an
improved compressed earthen block.
A CEB is produced by using hydraulic
presses to create building blocks from
practically any local soil. In its simplicity
it is elegant, cheap and as green as it gets.
Academics, like those obfuscating
politicians, hate simplicity and all
except the really good mathematicians
abhor elegance. Driven, I suppose, byan obligation to spend some ill-fated
grant money in the search for a global
solution to housing, the Spaniards and
the Scots tested and published their
ideas for improving compressed earthen
blocks - see Construction and Building
Materials Vol. 24, Issue 8, August 2010,
Pages 1,462 to 1,468. Among their claims
are that their blocks are inexpensive,
environmentally friendly because they
do not produce carbon dioxide during
manufacture, they utilize local materials,
and they are strong.
This is what they have done: they
have subjected the simple CEB to
strengthening by adding sheeps wool
and a natural polymer derived from
seaweed. Whod have thunk?
I have no doubt that based on
their testing they have improved the
compressive strength and modulus of
rupture of CEBs. But really, no CO2?
Do sheep exhale? Do they, uhmm, emit
other - well, you know, gasses? Is there
no exhaust from whatever mechanism
is used to compress the blocks, nor any
carbon involved in the hydraulic fluid?
And is seaweed locally available in, say,New Mexico? You can buy the polymer
(its called alginate) for $49.95 for four-
and-one-half pounds, plus shipping.
Whoops, more of that dreaded carbon.
In this instance the researchers
have appealed to the suckers by taking a
product that doesnt need improvement
and subjecting it to totally unnecessary,
expensive and alien materials. Then
applied some exaggeration, probab
assure themselves that they had fed
green hysteria and to justify their w
to their sponsors. In practical term
accomplished absolutely nothing.
Old P.T. was right. And this one g
past a p eer review.
Edward Crocker is the principal of Cr
Ltd. (982-2448 or [email protected]),
a contracting firm specializing in histori
preservation, structural stabilization of n
older structures, and remediation of mo
problems. He is a Fellow of the United St
Committee of the International Council
Monuments and Sites.
UnderstandingAdobe
Pulling the wool
E D C R O C K E R
Today, it is no longer front-page news
that buyers are in control of the real estate
market, as it is beginning to stabilize.
There is more good news for sellers.
Homebuyers are not in control of social
networking online. Although social media
sites did not c reate the housing market
crash, they are creating new channels of
information between Realtors and buyers
and sellers that are stimulating a ctivity.
Remember when you went to a dinner
party during the housing boom and
everyone would only talk about real
estate? Those same dinner guests are
now talking about social networkingand talking online about what they see
happening in real estate. These new
conversations on Facebook, LinkedIn
and Twitter are helping friends, fans and
followers make sense of the market.
The National Association of R ealtors
recently reported that nine out of 10
homebuyers use the internet as a search
tool. Even though an increasing number
of buyers and consumers report they use
social-media sites for research before
they buy, NAR reported that only half
of all Realtor members are active social
networkers. Sellers might wonder whether
anyone is having a social networking
conversation online about their home.
Social networking sites - and blogging,
pictures, video and commenting - have
changed how Realtors reach buyers.
Now many buyers will often leave an
open house and tell everyone in their
online social networking sphere what
they think about the price, the home and
neighborhood. Their feedback movesquickly online. If they use a smart phone,
they are talking from their car in front of
the home.
It is no longer possible to be a secret
agent in real estate. It is important for
your Realtor to now be in-the-know about
online social networking. Otherwise
their behavior there could become a
disadvantage. For example, Twitter is the
place to have a conversation about a new
listing to followers. It is not a place to
make sales pitches. Facebook is a better
vehicle to profile a home on the market or
promote a blog about the neighborhood.
LinkedIn is not the venue to advertise
listings. When done the wrong way due
to inexperience - or, worse, by ignoring
social-networking etiquette - their
marketing blitz or offensive behavior will
turn off prospective buyers like a cold
blast of arctic air.
In this new landscape of real estate,
buyers want to establish relationships.
This is important for sellers to understandand use to their advantage when they
engage the services of a Realtor. Given
the merging of the internet and social
networking, buyers are more capable
of navigating information online. They
know their priorities because they have
often searched for real estate before
contacting an agent. They want to
reduce their financial risk by engaging
the services of people they know, li
and trust from their experience onl
Like you, they do not want to workstrangers when they are ready to bu
sell a home. See you next online.
Emily Medvec is an associate broker w
Sothebys International Realty. Her inter
how social networking online changes ho
we communicate and make decisions in
marketplace. Follow her at www.twitte
emilymedvec.
Socialnetworking
Twittering all the day long
E MIL Y ME D V E C
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HOME MARCH 2011 19
LOOK AT USIN A WHOLE DIFFERENT WAY...
online at
www.dresf.com
Explore really delightful properties(both fine residential & commercial)and be informed by reading ourstatistics about the Santa Fe market.
NOTE: We are VERY ipad friendly!
433 W. San Francisco Street, Santa Fe, NM 87501
te l : 5 0 5 .9 8 9 .7 7 4 1
A F u l l S e r v i c e R e a l E s t a t e B r o k e r a g e
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20 MARCH 2011 HOME
TAOS
MAgicAl. MySTicAl. MArvelOu
Call 758.2241 and we will mail you our monthly Homes real emagazine showcasing Taos, Angel Fire and Red River fo
All the properties can be found at taosnew
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HOME MARCH 2011 21
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28 M A R C H 2 0 1 1 H OME
DETACHED SINGLE-FAMILY HOMES
CONDOMINIUMS/TOWNHOMES
DUPLEX/X-PLEX
MOBILE HOMES
Santa Fe 2010home-sale stats
1st quarter2010
Homes sold/median price
2nd quarter2010
Homes sold/median price
3rd quarter2010
Homes sold/median price
4th quarter2010
Homes sold/median price
City northeast 23 16 31 11$6 75, 00 0 $ 81 3, 50 0 $ 67 0, 00 0 $ 69 7, 00 0
City northwest 7 12 9 9$3 87, 00 0 $ 37 1, 50 0 $4 00 ,0 00 $ 41 7, 50 0
City southeast 23 33 36 34$4 30, 00 0 $ 43 2, 25 0 $4 62 ,1 25 $ 45 9, 20 7
City southwest 57 89 69 60$2 03, 00 0 $ 23 9, 95 0 $2 19 ,0 00 $ 21 9, 00 0
City total 110 150 145 114$4 64, 00 0 $ 28 8, 00 0 $3 18 ,0 00 $ 29 7, 00 0
County north (Tesuque, Pojoaque) 2 12 8 5$1 79, 50 0 $ 54 8, 25 0 $4 80 ,0 00 $ 60 5, 00 0
County southeast 46 65 22 46(including Eldorado) $387,750 $409,500 $354,500 $371,750
Eldorado 22 3 0 20 23$3 17, 00 0 $ 33 9, 00 0 $3 54 ,5 00 $ 32 0, 00 0
County southwest 27 36 31 30$2 48, 69 8 $ 26 4, 03 0 $3 40 ,0 00 $ 26 0, 08 2
County total 95 149 87 113$3 18, 22 4 $ 41 1, 25 0 $3 89 ,0 00 $ 42 0, 00 0
City/county total 205 299 232 227$3 90, 50 0 $ 34 5, 00 0 $3 54 ,5 00 $ 34 0, 00 0
City 57 54 73 70$2 86, 50 0 $ 23 8, 50 0 $2 60 ,0 00 $ 22 5, 00 0
County north 2 2 3 6$4 85, 00 0 $ 77 0, 00 0 $3 27 ,0 00 $ 67 7, 50 0
County south 3 2 0 0
$235,000 $298,000 Total 62 58 76 76(includes Los Alamos, Espanola) $2 86, 50 0 $ 23 8, 50 0 $2 65 ,0 00 $ 23 2, 50 0
City & County 4 2 0 2$170,000 $127,500 $259,750
City & County 3 7 3 7$ 80 ,0 00 $ 11 0, 00 0 $1 89 ,0 00 $ 11 5, 00 0
DATA SOURCE: SANTA FE ASSOCIATION OF REALTORS.
County northwest 20 36 26 32$ 64 5, 00 0 $ 55 0, 00 0 $7 42, 50 0 $ 67 7, 50 0
been tracking absorption, the number of
months it would take to absorb the existinginventory of homes on the market. His
mid-February post to Alan Balls Santa
Fe Real Estate Blog shows that the high
in the absorption rate for homes in all
price ranges was about 23 months in the
summer of 2009 that is, it took nearly
two years for a home to sell. The figure was
at between 18 and 21 months most of the
time since, but it had dwindled to about 15
in December and January. Thats the most
positive indicator since 2007.
Toward the end of February, Julee
Brooke of Sothebys International Realty,
who works both in Taos and Santa Fe,
said business has been slower but it hasjust recently been picking up, because
prices are coming down and interest rates
are still low. Both sellers and buyers are
more realistic by now, and more people
are getting off the fence and looking for a
home. I think thats whats been shown in
the last couple of months.
In Taos, prices in the lower to mid
ranges have been a little behind Santa Fe
but they have recently adjusted. There
are some really good deals and there are
some banks that are offering good deals. In
Santa Fe, weve had 15 sales of homes at $1
million-plus, compared to nine last year,
so weve seen more activity on higher end.I know just in the ski valley there was a lot
on the market a few months ago and now
there are just a handful of properties on the
market below $500,000.
One of the bottom-line questions is
whether homebuying activity, and home
appreciation, will c ome back to the levels
seen before the subprime-mortgage crisis
and the failures of Bear Stearns, Lehman
Brothers, and AIG in 2007-2008.
I think someday it will be back where
it was, Brooke said. Its still a good
investment overall, as long as youre
planning to stay in the home. That means
buying smart, and I think most people arebuying smart. The market was really low
in the 80s and those people who held on
are still very comfortable, as long as they
didnt take all their money out in home
equity loans. Theyre very happy with their
investments, and I think that will be the
case again.
In his blog, Alan Ball quotes Ce
Chen of Moodys Analytics sayinhome prices or values might not r
the 2005/2006 peak until 2021, or
cases until 2030, or longer.
Warren Sacks, vice president a
Real Estate, said, Believe it or no
had the most residential units go
contract in Santa Fe County in th
months. I think with rates increas
with buyers being on the fence fo
theyre just tired of deferring life,
and theyre deciding its time to p
It is interesting that our luxury m
that part over $800,000, has seen
activity.
Its looks like inventory is slighdecreasing, but it always does this
year. People put their homes on m
in the spring. We are seeing a lot
product being absorbed, no quest
After the big drop, perhaps the
has leveled off at a new, lower pla
this will be the new normal.
Its not the most popular answ
but thats the truth, Sacks respon
Were going to return to tradition
homeownership, what we saw fro
to 2000. People will be buying to
family and you wont see so much
greed that propelled the market fr
to 2005 with all the investors andhome owners.
He predicted that in 2011, the n
of transactions will be about the s
in 2010. I think values will fall an
percent. I have more hope for the
meaning that I think were startin
off.
During a January breakfast me
during which the Santa Fe Associ
Realtors released sales statistics fr
fourth quarter of 2010, SFAR pre
Jo Anne Vigil Coppler said there
earth-shattering news to report.
were 509 homes sold in 2009 and
sold in 2010 in the city of Santa Fecounty, it was a similar small incr
457 in 2009 to 475 last year.
Vigil Coppler opined that the m
will not go back to what it was in 2
2006, and that were now getting
into reality... Were still in a recov
and who knows? This may be whe
By Paul Weideman
There are a bunch of indications thatthe real-estate market is recovering,but of course after two years of painful belt-
tightening, the slightest improvements feel
like bliss.
Following is a sampling of voices on the
issues; their information in general spells
c a u t i o u s o p t i m i s m.
The year [2010] ended on a good note
with December sales coming in stronger
than a year ago, said Jonnalyn Grover,
managing broker of Coldwell Banker
Trails West Realty, in early January.
Absorption rate is a lso up 1.5 percent,
a really good sign that more buyers are
getting into the market.
A few snippets from Santa Fe
Properties Fourth Quarter 2010 MarketReport: Compared to the heady market
of a few years ago home sales are slow,
but they are steady... Market forces have
reached equilibrium in Santa Fe. Sales
activity in homes has settled in at a new
level with about half the number of sales in
2009 and 2010 as there were at the peak in
2005 and 2006.
The average home sale price is down
from about $475,000 to $390,000 in the
same years... On the street level, Realtors
feel that buyers who have been on the
sidelines are making their moves.
During the downturn, Alan Ball of
Peters & Associates Real Estate has
Market showssome improvement
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30 M A R C H 2 0 1 1 HOME
The amount of the down payment topurchase a home has been increasing
since the housing bust. The median down
payment in nine major cities in the U.S.
rose to 22 percent last year on properties
purchased with conventional mortgages,
according to the Wall Street Journal. This
amount has doubled in the last three years
and represents the highest since tracking
this data began in 1997.
One reason for this occurring now is
that the borrower can avoid the cost of
private mortgage insurance (PMI). If a
borrower puts less than 20 percent down,
PMI is required by Fannie Mae or Freddie
Mac. This insurance protects the lender,
i.e., Fannie or Freddie, in the event the
mortgage goes into default. PMI is fairly
expensive and offers no benefit to the
borrower other than that the property can
be purchased with less than 20 percent
down.
Increasing the down payment will
discourage delinquencies by forcing
borrowers to have more skin in the
game,
increasing their exposure to lossand reducing the impact of declining
home prices. The median down payment
began to inch downward in the late
1990s and in the early to mid 2000s
fell to an average of about 4 percent, in
some markets came close to zero. The
idea driving the lower down payments
was to put more people into home
ownership. When prices began to tumble
and unemployment began to increase, a
homeowner with difficulty meeting the
monthly mortgage obligation and little
to no money into the property, had an
easy decision to walk and give back the
property to the note holder.
The Obama Administration recently
called for gradually raising the minimum
down payment to 10 percent. Federal
Deposit Insurance Corporation (FDIC)
chairman Sheila Blair also recently
announced that she supported a
minimum 20 percent down payment.
It seems likely to me that we will see a
required minimum of 10 percent down
payment in the near future, with PMIrequired for the borrower. Borrowers
that represent more risk - that is, those
with lower credit scores and a lower down
payment - are currently facing higher
interest rates and lower allowable debt
ratios. This discourages or disallows
mortgage financing to purchase a
property.
Mortgage interest rates have been
slowly increasing since April 2010. Higher
borrowing costs coupled with greater
down payments will reduce the number
of potential homebuyers and thus likely
keep housing prices stable until the excess
housing inventory is eliminated.
In a different twist on this subject,
with the threatening imminent housing
bust back in the mid 2000s, the PMI
companies increased their required down
payments, required higher FICO scores
and lowered debt ratios to avoid greater
insurance losses. Probably due to slower
purchase sales and declining business, the
PMI companies have begun to relax those
requirements. Currently, if a borrow
good credit, debt ratios no greater t
per cent, and two months cash rese
in the bank, PMI will allow a minim
percent down payment, which is c u
acceptable to Fannie and Freddie. B
probably not for long.
DavidHultin (505-946-2521) is a re
mortgage-loan officer for New Mexico B
and Trust. He previously worked in the
mortgage divisions of two of the largest b
the United States.
Return of the down payment
D A V ID H U L T IN
HomeequityAdvantage
Seniors who have lived in their home
for many years may be facing a verydifficult decision: to move or not to move.
This is a process that can be difficult
at best. There is a lot of emotional
attachment to deal with, not to mention
the hard work that has to be done and the
many decisions that have to be made. I
hope this helps with an idea of where to
start the process.
First, you will have to decide where
the best place is for you to land. Is it a
retirement community, or is it a smaller
house, or an apartment? For some with
major health issues, it may be an assisted
living facility. Once you know where you
are going, you will need a dimensioned
floor plan of the space and you may
need some help with planning the space.
Knowing where you are going will also
help you to narrow down the kinds of
items you can take with you. If you are
going to an assisted living home, you will
not need cooking utensils and all of your
fine china. Many decisions will be muchmore difficult than which dishes to take
along.
Likely you have ordinary items that you
no longer have use for and many things
that have just accumulated over time as
well as treasured mementos or fu rniture
that has been bequeathed to you by your
family. These are not easy to give up.
Perhaps making a list of all your most
treasured possessions and deciding which
would comfortably fit in your new home
is the first step. You may want to start in
places like the storage area of your home
and bedrooms that are not often used.
Once you have decided which items
you are keeping, donating, or passing on,
you may want to gather family and friends
to offer the pieces to them. Do share
stories of why these items are special to
you, then your gifts and generosity will
be all the more appreciated, thus assuring
you that your special piece will be well
taken care of. For items that you wouldlike to donate, there are many nonprofit
organizations that will pick the items up
and save you the trouble.
So now you may still have many
wonderful items... now what? There
is only one place in Santa Fe that can
evaluate antiques and the remainder
of your estate and be instrumental in
liquidating your estate all in one swoop.
Having the help of a professional
designer to help edit your inventory and
plan your new space can also be very
helpful. The experience and collaboration
of a professional designer and an estate
specialist are very valuable; this is
something you may want to find out more
about.
Making your home in your golden
years is a very important course of action.
However you decide to spend your
retirement years - whether traveling,
golfing, gardening, or any other act
- your home needs to fit your perso
lifestyle. Above all, relax, know tha
planned and have made t he right c
Lisa Samuel ASID, IIDA is a Santa Fnative and is owner/president of Samue
Group, located in the Railyard Artyard
She is an award-winning interior design
(licensed interior designer #313), a light
designer, and furniture designer.
Moving in the right direction
L IS A S A MU E L
ArtfullivingByDesign
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29/49PAGE 31 BLACK CYAN MAGEN-
HOME MARCH 2011 31
WaterCopAuthorized Dealer
(505) 471-9036 in Santa Fe
200 W. DeVargas, Suite 2 Santa Fe, NM 87501 505-982-4201
Missy Wolf, Associate Broker 505-310-9700
Marcia Wolf, Qualifying Broker 505-982-4201
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30/49BLACK CYAN MAGENTA YELLOW
32 MARCH 2011 HOME
Live the Resort Lifestyle...
THE FLANCE COMPANYStephen R. FlanceQualifying Broker and Owner
505-988-9891 800-409-2494www.bishopslodgehills.com
Exclusively represented by
The Hills and Villasat Bishops Lodge
Call Steve Flancefor information505-690-5838
Pueblo Encantado
All information contained herein is deemed reliable, but no representations or warranties are made as to the accuracy of the information. Availability is subject tosale or withdrawal without prior notice. Plans, specifications and prices are subject to change without prior notice. An owneris a licensed New Mexico real estate broker.
Free Standing Villaand Custom Home Lots
with Stunning Views
Adjacent toEncantado Resort
Fully furnished townhome with2 bedrooms, 2 baths, 2 fireplaces,
1,350 sq. ft. at $295,000
2 bedroom, 2 bath,1,730 sq. ft. at $595,000
Five spectacular custom lots,1+ acre, from $168,000
505-983-8100 chapmanhomes.com
A FAMILY OF BUILDER
Walt Chapman started Chapman Company in 19Since then, his sons and daughter have joined
the company continuing to build homesthe Chapman way . . .
with quality and customer service at the cornersto
Weve weathered economic stormsand will be here long after your home is compl
Build Remodel Sell
Help Us DoubleSanta Fes
Recycling Tonnage.
Be a hero...
recycle.
Recycling details at: www.santafenm.gov/recyc
FaceboSave
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31/49PAGE 33 BLACK CYAN MAGEN-
HOME M A R C H 2 0 1 1 33
56PolmoodFarmRoad,TomJoyce
wall sculptureinside adobe walls
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36 MARCH 2011 HOME
BarkerRealtySF.com
Stellar Quail Run Properties
Trish Love505.992.3573 direct505.670.1229 [email protected]
Paul Stenberg505.992.3347 direct505.670.4242 [email protected]
www.quailrunsantafe.com
Unit #677 | Asking $995,000 | MLS #2010040934 bed, 4 bath | Approx 2,800 sq. ft.
Unit #115 | Asking $395,000 | MLS #2010030252 bed, 2 bath | Approx. 1,279 sq. ft.
Unit #641 | Asking $699,000 | MLS #2010043592 bed, den, 2 bath | Approx. 1,815 sq. ft.
Barker Realty, the ofcial On-Site Real Estate Broker or 6 years!Our development expertise, consummate service and inventory isunsurpassed. Our current listings range in size rom 782 to 2,800 sq.t. and range in price rom $305,000 to $995,000. Please contact Paulor Trish or all your Quail Run Real Estate needs!
Ofcial On-Site Quail Run Brokers
We would love to apply or the job o selling your home!
www.ddsantaferealestate.com
Stephanie Duran(505) 204-2491 | [email protected]
Michael D'Alfonso(505) 670-8201 | [email protected]
144 Gonzales Rd. #9 | $389,000MLS #201006512
UndeRC
ontRaCt
3524 Via Brisa Rd. | $375,000MLS #201006525
UndeRC
ontRaCt
1433 Upper Canyon | $1,699,000MLS #201000619
UndeRC
ontRaCt
201 Double Arrow Rd | $998,000MLS #201000408
UndeRC
ontRaCt
505.982.9836 | 1.800.586.1032 | 530 S. Guadalupe Street, Santa Fe, NM 87501| BarkerRealtyS
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HOME M A R C H 2 0 1 1 37
Darlings,
The Ides of March are upon us. Should
we beware? The way things are going all
over the world, it seems as if maybe we
should. But Im focusing on other things,
anyway, Butter Beans, because I simply
cant think about that today Ill think
about it tomorrow. (Scarlet, for as selfish as
she was, knew how to survive.)
On a more personal note, lets talk
about the March Realtor Couple of the
Month. Were happy to have chosen Janetand Tony Rousselot, who happily joined
Karen Walker Real Estate a couple of
months ago. To say that in no way implies
they were unhappy at their previous office
(Sothebys International R ealty). What it
really means is that Janet and Tony are
generally happy people. Tony thinks the
happiest day of his life was the day he met
Janet. (This should have been a Valentines
Day story). Obviously, it was fate he
was temporarily working at Alpine Sports
when Janet came in to buy a pair of ski
boots. That was a long time ago, Cupcakes,
because theyve been married for 20 years
now. Happily.Janet was one ofKaren Walkers (and
many others) favorite closers at Territorial
Abstract & Title when it was located
on Luisa Street way back when. Wow,
back when Territorial had its legendary
Christmas parties, and the Eurythmics
were singing Sweet Dreams Are Made
Of This. (Oh, Doll Babies, I want to go
back.) We always loved how she Janet, I
mean, not Annie Lennox acted cool as
a cucumber at a closing when somebody
had a temper tantrum (the client, of
course, neverthe Realtor) over a missing
page or two in the loan documents.
Janets cool demeanor and
entrepreneurial spirit propelled her into
opening and operating a very successful
property management business, The
Management Group, which she sold a few
years ago. She and Tony have been selling
real estate together for years, and together
they have perfected that Never let em see
you sweat look. Which is a great look, by
the way.
The Realtor Retiree of the Month
is Jonathan Carleton (City Different
Realty). He had that look, too. In my
anthropological study of the American
Realtor, Im collecting data that points to
that look as one of the characteristics of
a successful Realtor. But Jonathan still has
that look in his new endeavors - working
out at the gym and traveling about the
country with his partner, Alex Gancarz.
The real-estate community will definitelymiss Jonathan, and we only hope that he
wont be so busy that hell forget to miss us.
(Surely thats not possible, Crumbcakes).
The Expat Realtor of the Month is
Victoria Ryan. Dearest Readers, she has
been absent from the Santa Fe real-estate
scene for several years, but I thought you
might find an update of her life interesting.
Victoria moved to Mexico permanently
about 16 years ago. She owns and operates
a B&B, La Casa Encantada, with her
partner, Cynthia, in Patzcuaro, a charming
colonial city located about halfway
between Guadalajara and Mexico City.
Business was quite good until the recentdrug wars, which have not seriously
impacted this part of Mexico, but fear
has taken a toll on tourism, which in turn
has taken a toll on La Casas occupancy
rate. This has given Victoria more time to
paint... theres always an upside to every
downside, uh-huh. And she still finds life
in Patzcuaro and surrounds magical. If
youre thinking youd like to explore some
historic colonial cities in Mexico, visit
Victorias website, www.lacasaencantado.
com, and make reservations to stay in a
sweet little B&B just half a block off the
plaza. (Sounds very much like an ad for
someplace in Santa Fe, verdad?)
Ill close today with a couple of
noteworthy milestones. Vicki de Castro
Lewis (daughter of Fred and Barbara de
Castro) died Jan. 10 at age 54. She was a
beautiful girl in her early 20s when she
worked as a receptionist/secretary at
Monte Sol Realtors in the early 80s. Vicki
was unfailingly kind and attentive to the
needs of the Realtors and their clients. And
she was so attractive that the FedEx guys
fairly tripped over themselves to get to her
desk when they delivered a package to the
office (which they did every chance they
got). Sincere kindness and unassuming
beauty... an unforgettable combination,
appreciated and remembered for years to
come.
Laughlin Barker (founder of Barker
Realty and father ofDavid, the current
owner/broker) died on Feb. 16 at age 89.
Laughlin was a third-generation Santa
Fean. After graduating from Santa Fe
High, he attended New Mexico Military
Institute for a year, was appointed to
the U.S. Naval Academy in Annapolis,
served as a naval pilot in World War II
and finished his military career as a naval
commander, and in 1964 returned to
Santa Fe with his wife Rene and their sixchildren.
From the mid-1960s on, Laughlin
Barker was a powerful force in the
City Different, and he was a well-
respected and prominent leader in the
real-estate community. Because of his
many contributions to Santa Fe, he was
deservedly honored as a Santa Fe Living
Treasure in 2007. Laughlin touched many
lives. His personal accomplishments
include a successful 65-year marriage
to his high school sweetheart, Rene,
and a string of successful children and
grandchildren to carry the Barker legacy
forward.So long, Sweetpeas. Until next time...
Oakley
Oakley Talbott, aka Merrily Pierson, can be
reached at [email protected]
OutandAbout
NewsofRealtor activities, and
of two significantpassings
O A K L E Y T A L B O T T
Janet & Tony, still a cool duo after all these
years
Jonathan, now
Jonathan, then
Victoria (holding Senorita, the dog) and Cynthia
enjoy the expat life in Mexico
Procession of Silence, Semana Santa, Patzcuaro,
by Victoria Ryan
Laughlin Barker, 1921-2011
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38 MARCH 2011 HOME
Nothing seems to invigorate the great
American debate more than the topic
of taxes, and no tax subject hits home
harder than the property tax. Lately ourlocal media has been filled with stories of
outraged homeowners on the verge of war
over their property taxes so we thought
we would dedicate this months article to
the civil and constitutional approach to
protesting your property tax.
The County Assessors Office
determines property-tax values and if
you plan to challenge your property
tax, this is the place to begin. There are
several categories to protest, including
agricultural use and residential
classification, but if the core of your
protest is market value then you will need
to focus on the appraised value that thecounty assessor has determined for your
property. Once you identify that amount,
compare it to comparative values in
your neighborhood and if you have an
unfavorable discrepancy then you should
file a protest.
It is the responsibility of the county
assessor to determine and maintain
current and correct values of properties
and many times discrepancies can be
resolved by meeting with your assessor
and sharing the comps you have and
compare them to the comps that they
used. This is one of those cases where you
get better results with sugar than salt and
if you are friendly and hone