Issuu on Google+

Lakes of Parkway January | February 2014

Your Lakes of Parkway Neighbor and Realtor LEAFOR SE

Currently For Lease

Sleek and Simple

1607 Ashbury Park | 4/5 Bed | 3/1 Bath | 3,257 SQFT | $5,500 Stunning home located on a private cul-de-sac. Fabulous living area with hardwood floors, plenty of natural light, surround sound system, wet bar and butler’s pantry. Large windows allow copious amount of light in all rooms. Master bedroom down and 3 bedrooms up plus game room that can be converted to a 5th bedroom. It offers a fabulous large backyard with a putting green. Backyard is facing east so it can be enjoyed all year long!

The New Minimal

LAKES OF PARKWAY STATISTICS OF HOMES SOLD IN 2013

SQFT

BED BATH

LIST PRICE

LIST PRICE/SQFT SALE PRICE SALE PRICE/SQFT DAYS ON MARKET

MIN

2,526 3 2

$495,000 $141.07

$473,000 $132.49

0

1998

AVG

4,379 4.2 3.34/1 $872,920 $199.34

$842,596 $192.42

50

2004

MAX

7,304 5 6/3

$1,800,000 $303.64

334

2012

$695,000 $185.85

23

2003

$1,895,000 $319.67

MEDIAN 4,323 4 3/1 $716,625 $188.75

YEAR BUILT

claudiahellmund.yourkwagent.com WANT YOUR PROPERTY TO BE OUR NEXT COVER HOME?

Claudia Hellmund

Realtor®, GRI, CHMS, CNE ® Realtor GRI, CHMS, CNE

832.309.9390 HellmundClaudia@yahoo.com

832.309.9390

Accredited Buyers Representative chellmund@kwmemorial.com Accredited Luxury Home Specialist Certified Home Marketing Specialist Certified Negotiations Expert

® ®

Call Claudia Hellmund for the most effective marketing to sell your Lakes of Parkway property at 832.309.9390.

All information is deemed reliable but not guaranteed. Lakes of Parkway Homes for Sale Per Houston MLS If your home is currently listed, this is not a solicitation for that listing.

Produced by UpscaleRealEstateMarketing.com • 877.660.0996

Building Wealth Cover Photography | Calvis Wyant

Claudia Hellmund

What’s in your Real Estate Portfolio?

The Tasting Room’s

Classic Bruchetta + Wine Pairing

Lakes of Parkway

Real Estate Report Presented By Claudia Hellmund


In Good Taste

Psst! In case you didn’t hear, there’s a shift happening in home décor. Clean lines, lighter and airier colors, and a more modern look are taking center stage in today’s luxury homes. Of course, we still love our regional design flair, but current hip homes are lightening up and going minimalistic. Homeowners that shy away from the word modern, however, need not be dismayed by today’s contemporary take on home design and furnishings. The style is minimalistic but not completely stripped bare. We’re not talking hard plastic chairs and chrome fixtures. Today’s new modern chairs and sofa silhouettes, for example, are still comfortable but are sleek and simple. Upholstery is elegant and soft, or bright and geometric. You will definitely see a love of patterned and geometric furniture, drapes, and area rugs in today’s fresh new interiors. When it comes to color, the familiar earthy tans and greens, terracotta rusts, and mustard yellows, though still popular in a regional sense, are making way for crisp and more contrasting hues. Think soft blues, whites, creams, grays, and browns which bring a clean and fresh look to tired spaces. (It’s no surprise that top paint company Benjamin Moore has named A Breath of

The Tasting Room- Kings Harbor 281.361.0044 | TastingRoomWines.com

CLASSIC BRUSCHETTA INGREDIENTS: 1 slice Tuscan Boule, ½ inch thick 1.5 oz pesto 4 ripe Roma tomatoes diced 2 bunches fresh basil torn to small pieces 1 oz extra virgin olive oil 2 oz grated parmesan reggiano cheese Fresh cracked pepper Pinch of sea salt DIRECTIONS: Begin by spreading the fresh made pesto over one side of the bread. Next use a hot grill coated with pan spray and grill bread turning 45 degrees to achieve grill marks (keep a close eye on bread because it will toast fast, a little black char is ok on the edges). Flip slice over and lightly toast the non-coated side. Next while the bread is warm off the grill spread the tomatoes evenly across. Next sprinkle with the sea salt, and a grind or two of black pepper. Now spread the basil evenly on the tomatoes and sprinkle parmesan reggiano. Slice into 4 pieces or as many as you like. Place on serving dish and drizzle well with the olive oil. WINE PAIRING: Chianti hits a home run with this popular appetizer for wine pairing. Chianti is acidic to hold up against the tomatoes, and has enough body to stand up to the strong flavors of the garlic and olive oil.  Perfect for a starter, or to share on a chilly winter evening in front of the fireplace. Enjoy!

Building Wealth Through Real Estate Investment

Real estate is one of the few investments where the investor may “fall in love” with the asset. Unlike stocks or bonds, real estate has an emotional element to the investment. Therefore, one of the foremost tips for investing in real estate is to listen to what the numbers tell you, rather than the emotional pull of the property. When investing in rental properties, the rental income needs to cover all expenses associated with the property – including taxes and mortgage. In other words, an investment property should pay for itself. As a general guideline, you should try to achieve a gross rent of at least 150% of the property’s mortgage payments to cover all operational costs and leave some net rental income for yourself. Many affluent investors use the cash-on-cash return analysis as a “litmus test” of a rental property investment.

CASH-ON-CASH RETURN = ANNUAL CASH FLOW (BEFORE TAXES)/TOTAL CASH INVESTED If an investor purchased an apartment building and each month the cash flow from rentals, less expenses, is $5,000. Over the course of a year, the before-tax income would be $60,000 and if their cash invested (down payment) in the property totaled $300,000, cash-on-cash return is equal to 20%.

Savvy investors look for 20% - 30% cash-on-cash return before considering investing in a property. A big plus is that the return is immediate cash in your pocket and the property may still appreciate on top of that return. In addition, the investor needs to consider how much time the property will take to manage. Some properties, such as vacation and college rentals, just require way too much time and management to make them smart investments. Well maintained properties rented for as long as possible to decent credit profile tenants usually take the least time to manage. Compared to other investments, real estate is easy to value. Even if you have no idea how to value a property, you can find a Realtor who can value it for you. Typically there are a lot of comparable properties to use to value real estate so the investor knows what the investment property is worth and what should be spent for the property. There are many below market properties that an investor can find. Not only can you purchase a property below market price, you can add value to the property once you purchase it. You can also add bedrooms, add bathrooms, update a kitchen or do many other things to increase value of the real estate.  It simply is not possible for an individual investor to add a bedroom onto a stock. Therefore, real estate should be an important part of your investment portfolio.

Fresh Air, a pale powdery blue, its 2013 Paint Color of the Year!) The effect? Simple elegance. But not everything is serene. Look for lively yellows to brighten spaces ...and brighten your mood. Shocks of patterned cobalt blue, say in a few occasional chairs or throw pillows, will also enliven this more contemporary style of living. In the kitchen, look for white and dark brown or black motifs. Counters are stocked with essential tools only, left bare and easy to clean. Kitchen knick-knacks and purely decorative items are sparse, with new homeowners opting for a clean and understated look. Cabinets themselves are now often painted, with whites and creams lending kitchens an entirely fresh new look. Distressed wood is also popular, giving a unique and individualist vibe to homes.   Perhaps the biggest shift in interior design for the New Year: Individuality. Homeowners are looking for handmade, unique items that don’t look exactly the same as all the other homes on the block. Seek out different pieces that speak to you and make you happy in your home. Sounds like a great way to start the New Year!

Event Calendar JANUARY | FEBRUARY 2014 Into the Woods Main Street Theater-Rice Village | January 11-16 713.524.6706 | MainStreetTheater.com Stephen Sondheim and James Lapine’s beloved musical re-imagined for a small cast and intimate stage. The story follows a Baker and his wife’s wish to have a child, Cinderella’s wish to attend the King’s Festival, and Jack’s wish that his cow would give milk. When the Baker and his wife learn that they cannot have a child because of a Witch’s spell, the two set off on a journey to break the curse. Everyone’s wish is granted, but the consequences of their actions return to haunt them later with disastrous results. Modern Home Tour Various homes throughout the city | January 25 Cameron@ModernHomeTours.com Houston.ModernHomeTours.com What’s a modern home? We’ve scoured the area and had creative homeowners, designers, architects and builders submit some of the most interesting Houston residences. We’ve curated them to ensure a well-balanced tour featuring the most cutting-edge contemporary design that takes advantage of the stunning landscape. 28th Annual Texas Home & Garden Show Reliant Center | February 7-9 800.654.1480 | TexasHomeandGarden.com Houston’s Premier “One Stop Shopping Opportunity” for all your home and garden needs. From windows and doors to ceilings and floors over 700 experts, products, services and ideas all under one roof. Attractions • Vacation, Leisure & Outdoor Attractions • Green Energy products • Home Décor • Building Products • Kitchens, Bath & More • Outdoor Living, Pools, Spas • Remodelers • How-to-Workshops Aladdin Wortham Theater Center | February 20-March1 713.237.1439 | HoustonFirstTheaters.com A run-in with the palace guards leads the young and reckless Aladdin into a whirlwind of adventure and romance in this colorful ballet based on the legendary Arabian Nights tale of Aladdin and the wonderful lamp. With unbelievable riches, love at first sight, treachery, a flying carpet and, of course, a magical genie, David Bintley’s Aladdin is ideal entertainment for the whole family. Music of the Mad Men Era Jones Hall | February 21-23 713.224.7575 | HoustonSymphony.org Snap your fingers and tap your toes to the cool, swinging tunes of the 50s and 60s: a time when Bossa Nova was new, the lounges of Las Vegas were hip and catchy dance music spun on every hi-fi. You’ll hear, “It’s Not Unusual,” “Bésame Mucho,” “Don’t Get Around Much Anymore,” and “The Best is Yet to Come.”


In Good Taste

Psst! In case you didn’t hear, there’s a shift happening in home décor. Clean lines, lighter and airier colors, and a more modern look are taking center stage in today’s luxury homes. Of course, we still love our regional design flair, but current hip homes are lightening up and going minimalistic. Homeowners that shy away from the word modern, however, need not be dismayed by today’s contemporary take on home design and furnishings. The style is minimalistic but not completely stripped bare. We’re not talking hard plastic chairs and chrome fixtures. Today’s new modern chairs and sofa silhouettes, for example, are still comfortable but are sleek and simple. Upholstery is elegant and soft, or bright and geometric. You will definitely see a love of patterned and geometric furniture, drapes, and area rugs in today’s fresh new interiors. When it comes to color, the familiar earthy tans and greens, terracotta rusts, and mustard yellows, though still popular in a regional sense, are making way for crisp and more contrasting hues. Think soft blues, whites, creams, grays, and browns which bring a clean and fresh look to tired spaces. (It’s no surprise that top paint company Benjamin Moore has named A Breath of

The Tasting Room- Kings Harbor 281.361.0044 | TastingRoomWines.com

CLASSIC BRUSCHETTA INGREDIENTS: 1 slice Tuscan Boule, ½ inch thick 1.5 oz pesto 4 ripe Roma tomatoes diced 2 bunches fresh basil torn to small pieces 1 oz extra virgin olive oil 2 oz grated parmesan reggiano cheese Fresh cracked pepper Pinch of sea salt DIRECTIONS: Begin by spreading the fresh made pesto over one side of the bread. Next use a hot grill coated with pan spray and grill bread turning 45 degrees to achieve grill marks (keep a close eye on bread because it will toast fast, a little black char is ok on the edges). Flip slice over and lightly toast the non-coated side. Next while the bread is warm off the grill spread the tomatoes evenly across. Next sprinkle with the sea salt, and a grind or two of black pepper. Now spread the basil evenly on the tomatoes and sprinkle parmesan reggiano. Slice into 4 pieces or as many as you like. Place on serving dish and drizzle well with the olive oil. WINE PAIRING: Chianti hits a home run with this popular appetizer for wine pairing. Chianti is acidic to hold up against the tomatoes, and has enough body to stand up to the strong flavors of the garlic and olive oil.  Perfect for a starter, or to share on a chilly winter evening in front of the fireplace. Enjoy!

Building Wealth Through Real Estate Investment

Real estate is one of the few investments where the investor may “fall in love” with the asset. Unlike stocks or bonds, real estate has an emotional element to the investment. Therefore, one of the foremost tips for investing in real estate is to listen to what the numbers tell you, rather than the emotional pull of the property. When investing in rental properties, the rental income needs to cover all expenses associated with the property – including taxes and mortgage. In other words, an investment property should pay for itself. As a general guideline, you should try to achieve a gross rent of at least 150% of the property’s mortgage payments to cover all operational costs and leave some net rental income for yourself. Many affluent investors use the cash-on-cash return analysis as a “litmus test” of a rental property investment.

CASH-ON-CASH RETURN = ANNUAL CASH FLOW (BEFORE TAXES)/TOTAL CASH INVESTED If an investor purchased an apartment building and each month the cash flow from rentals, less expenses, is $5,000. Over the course of a year, the before-tax income would be $60,000 and if their cash invested (down payment) in the property totaled $300,000, cash-on-cash return is equal to 20%.

Savvy investors look for 20% - 30% cash-on-cash return before considering investing in a property. A big plus is that the return is immediate cash in your pocket and the property may still appreciate on top of that return. In addition, the investor needs to consider how much time the property will take to manage. Some properties, such as vacation and college rentals, just require way too much time and management to make them smart investments. Well maintained properties rented for as long as possible to decent credit profile tenants usually take the least time to manage. Compared to other investments, real estate is easy to value. Even if you have no idea how to value a property, you can find a Realtor who can value it for you. Typically there are a lot of comparable properties to use to value real estate so the investor knows what the investment property is worth and what should be spent for the property. There are many below market properties that an investor can find. Not only can you purchase a property below market price, you can add value to the property once you purchase it. You can also add bedrooms, add bathrooms, update a kitchen or do many other things to increase value of the real estate.  It simply is not possible for an individual investor to add a bedroom onto a stock. Therefore, real estate should be an important part of your investment portfolio.

Fresh Air, a pale powdery blue, its 2013 Paint Color of the Year!) The effect? Simple elegance. But not everything is serene. Look for lively yellows to brighten spaces ...and brighten your mood. Shocks of patterned cobalt blue, say in a few occasional chairs or throw pillows, will also enliven this more contemporary style of living. In the kitchen, look for white and dark brown or black motifs. Counters are stocked with essential tools only, left bare and easy to clean. Kitchen knick-knacks and purely decorative items are sparse, with new homeowners opting for a clean and understated look. Cabinets themselves are now often painted, with whites and creams lending kitchens an entirely fresh new look. Distressed wood is also popular, giving a unique and individualist vibe to homes.   Perhaps the biggest shift in interior design for the New Year: Individuality. Homeowners are looking for handmade, unique items that don’t look exactly the same as all the other homes on the block. Seek out different pieces that speak to you and make you happy in your home. Sounds like a great way to start the New Year!

Event Calendar JANUARY | FEBRUARY 2014 Into the Woods Main Street Theater-Rice Village | January 11-16 713.524.6706 | MainStreetTheater.com Stephen Sondheim and James Lapine’s beloved musical re-imagined for a small cast and intimate stage. The story follows a Baker and his wife’s wish to have a child, Cinderella’s wish to attend the King’s Festival, and Jack’s wish that his cow would give milk. When the Baker and his wife learn that they cannot have a child because of a Witch’s spell, the two set off on a journey to break the curse. Everyone’s wish is granted, but the consequences of their actions return to haunt them later with disastrous results. Modern Home Tour Various homes throughout the city | January 25 Cameron@ModernHomeTours.com Houston.ModernHomeTours.com What’s a modern home? We’ve scoured the area and had creative homeowners, designers, architects and builders submit some of the most interesting Houston residences. We’ve curated them to ensure a well-balanced tour featuring the most cutting-edge contemporary design that takes advantage of the stunning landscape. 28th Annual Texas Home & Garden Show Reliant Center | February 7-9 800.654.1480 | TexasHomeandGarden.com Houston’s Premier “One Stop Shopping Opportunity” for all your home and garden needs. From windows and doors to ceilings and floors over 700 experts, products, services and ideas all under one roof. Attractions • Vacation, Leisure & Outdoor Attractions • Green Energy products • Home Décor • Building Products • Kitchens, Bath & More • Outdoor Living, Pools, Spas • Remodelers • How-to-Workshops Aladdin Wortham Theater Center | February 20-March1 713.237.1439 | HoustonFirstTheaters.com A run-in with the palace guards leads the young and reckless Aladdin into a whirlwind of adventure and romance in this colorful ballet based on the legendary Arabian Nights tale of Aladdin and the wonderful lamp. With unbelievable riches, love at first sight, treachery, a flying carpet and, of course, a magical genie, David Bintley’s Aladdin is ideal entertainment for the whole family. Music of the Mad Men Era Jones Hall | February 21-23 713.224.7575 | HoustonSymphony.org Snap your fingers and tap your toes to the cool, swinging tunes of the 50s and 60s: a time when Bossa Nova was new, the lounges of Las Vegas were hip and catchy dance music spun on every hi-fi. You’ll hear, “It’s Not Unusual,” “Bésame Mucho,” “Don’t Get Around Much Anymore,” and “The Best is Yet to Come.”


Lakes of Parkway January | February 2014

Your Lakes of Parkway Neighbor and Realtor LEAFOR SE

Currently For Lease

Sleek and Simple

1607 Ashbury Park | 4/5 Bed | 3/1 Bath | 3,257 SQFT | $5,500 Stunning home located on a private cul-de-sac. Fabulous living area with hardwood floors, plenty of natural light, surround sound system, wet bar and butler’s pantry. Large windows allow copious amount of light in all rooms. Master bedroom down and 3 bedrooms up plus game room that can be converted to a 5th bedroom. It offers a fabulous large backyard with a putting green. Backyard is facing east so it can be enjoyed all year long!

The New Minimal

LAKES OF PARKWAY STATISTICS OF HOMES SOLD IN 2013

SQFT

BED BATH

LIST PRICE

LIST PRICE/SQFT SALE PRICE SALE PRICE/SQFT DAYS ON MARKET

MIN

2,526 3 2

$495,000 $141.07

$473,000 $132.49

0

1998

AVG

4,379 4.2 3.34/1 $872,920 $199.34

$842,596 $192.42

50

2004

MAX

7,304 5 6/3

$1,800,000 $303.64

334

2012

$695,000 $185.85

23

2003

$1,895,000 $319.67

MEDIAN 4,323 4 3/1 $716,625 $188.75

YEAR BUILT

claudiahellmund.yourkwagent.com WANT YOUR PROPERTY TO BE OUR NEXT COVER HOME?

Claudia Hellmund

Realtor®, GRI, CHMS, CNE ® Realtor GRI, CHMS, CNE

832.309.9390 HellmundClaudia@yahoo.com

832.309.9390

Accredited Buyers Representative chellmund@kwmemorial.com Accredited Luxury Home Specialist Certified Home Marketing Specialist Certified Negotiations Expert

® ®

Call Claudia Hellmund for the most effective marketing to sell your Lakes of Parkway property at 832.309.9390.

All information is deemed reliable but not guaranteed. Lakes of Parkway Homes for Sale Per Houston MLS If your home is currently listed, this is not a solicitation for that listing.

Produced by UpscaleRealEstateMarketing.com • 877.660.0996

Building Wealth Cover Photography | Calvis Wyant

Claudia Hellmund

What’s in your Real Estate Portfolio?

The Tasting Room’s

Classic Bruchetta + Wine Pairing

Lakes of Parkway

Real Estate Report Presented By Claudia Hellmund


Lakes Of Parkway Lifestyle