BURNS REALTY & Investments

Blog :: 2021

Clippership Wharf

Clippership Wharf: Exterior

 

478 residences and approximately 30,200 square feet is set out to be developed on a 12-acre waterfront site in East Boston.  Overlooking the Boston Harbor and skyline, the project will have four buildings with mixed in retail and community space.  Those 478 residences are made up of 398 apartments and 80 condominiums.  This project is known [...]

5 DIY Improvements to Make Your Home Classier

Chic Living Area

Updating your home to be more chic - without looking cheap - is completely doable on a budget.

If you're looking to add more class to your home, taking on a DIY project can give your house that extra sense of style while saving you money. No need to cringe at those three little words: "do it yourself." There really are fast, easy and affordable projects you can do on your own. Here are five relatively easy ways to enhance your home.

1. Replace Your Light Fixtures

Switching out an old or basic light fixture for a more elegant one is an easy way to shift the ambiance of a room. By adding a sophisticated light fixture, you can control the intensity of the light and character of your room. And you don't need to pay a pretty penny for expensive new fixtures - you can buy used fixtures online.

2. Add Floating Shelves

Installing floating shelves in your home combines the functionality of extra storage space with a bit of style and personal flair. Floating shelves can be mounted on walls in many different patterns, and they come in various materials to give your rooms a unique touch. For a small room choose shallow shelves to display framed photos; for a larger room you can afford to use deeper shelves to hold vases, books and unique trinkets.

3. Paint an Accent Wall

Painting an accent wall can add a pop of color and showcase your personality. Usually a low-risk project, a homeowner of any skill level can tackle this project in a day. You just need some painter's tape, a brush and the color that suits you! Just make sure the color you choose is complementary with the other colors in the room. Stay consistent between warm and cool tones.

4. Install Decorative Molding

Adding decorative molding around your home can add an extra touch of elegance. Install molding to the ceiling by capping walls, columns and cabinets, or add chair molding lower to the ground. With detailed molding you can add character to your rooms while also making them feel taller and more finished.

5. Build a Stone Fire Pit

Take your sophisticated style outside by building a stone fire pit in your backyard. Completed in only a few hours, take uniquely shaped rocks or large stones and put them together to create a functional and stylish fire pit. Before starting the project, be sure to check your local fire codes or homeowners association to ensure you are safe and allowed to start building.

Adding a touch of class to your home doesn't have to break the bank! Just be sure to start with one project at a time, allowing yourself to complete one before starting the next. Otherwise, you'll fall victim to chronic project incompleteness syndrome - not a good look!

Now that you know about these five inexpensive DIY projects, which will you try?

5 Strategies to Add Market Value to Your Home

Outdoor Living Area

5 Strategies to Add Market Value to Your Home

As is the case with most Americans, your home is likely your most significant financial investment. Thus, like most people, you desire to enhance the market value of your home whenever possible. There are five strategies that you should consider employing as a means of upping the market value of your residences.

Improve Your Home's Curb Appeal

One of the key steps you can take to at least somewhat up the market value of your residence is to improve its overall curb appeal. In addition to increasing the value of your residence, improving your home's curb appeal also makes your home more attractive to house hunters if you elect to your property on the market for sale.

There are some basic steps you can take to enhance the curb appeal of your home. These include:

  • Re-painting the exterior
  • Tidying up landscaping
  • Adding some basic landscaping
  • Repairing cracked concrete in drive, sidewalks
  • Giving entryway a facelift
  • Adding grounds lighting

 

Add or Improve Your Deck

Another way in which you can increase the market value of your home is to add a deck or improve the look and appearance of an existing deck. You can make a deck at your residence a true extension of the living space of your home. Indeed, oftentimes when a deck is added or improved at a residence, the deck itself very well become one of the primary focal points of the residence.

There are a number of items or elements that you will want to consider seriously including as part of a deck addition or improvement. As part of your deck addition or improvement endeavor, seriously consider adding outdoor cabinets to the space.

You may also want to consider dividing the deck into different spaces based on use. For example, you may want to design your deck so that it has a section dedicated to dining and the preparation of food. You may want another section that becomes something akin to a sitting area in the interior of your home.

Refurbish the Bathrooms

Bathrooms are key rooms for a person considering the purchase of your home if you put it on the market for sale. Indeed, if you are like most homeowners, your bathrooms undoubtedly are very important to you as well.

You can make some modestly priced improvements to your bathrooms that can provide you with a good return on that investment. These can include replacement of faucets and other hardware in your bathrooms, fresh coats or paint or new wall covering, and flooring replacement, among other relatively affordable renovations of changes.

Add a Bathroom

As a general rule, adding a room to your residence does not significantly improve the market value of your home. Specifically, the costs associated with adding a new room to your residence does not pay for itself. Thus, if you make the decision to add a room to your home, you should have a valid reason for doing so beyond the idea that will increase the market value of your home by taking this course of action.

There is one exception to this general reality. If your home has only one bathroom, converting an existing space in your residence into a second bathroom is an addition that is likely to increase the overall market value of your home. The stark reality is that there are few people house hunting at any point in time that would be pleased with a home that has only one bathroom.

Update the Kitchen

Along with bathrooms, the kitchen in a house is one of the most important spaces in that residence. Thus, when it comes to improving the overall market value of your home, you do want to take a look at the kitchen.

Undertaking some basic, reasonably priced kitchen improvements of changes is the course to take. You most definitely do not want to overspend when it comes to your kitchen. In other words, you do not want to remodel your kitchen and turn it into something that far exceeds other components of your residence.

If you overspend on a kitchen remodel, you will never recoup the money spent via an increase in the market value of the residence itself. Basic upgrades like fresh wall covering, new flooring, new standard appliances, and new moderately priced countertops are all examples of steps you can take to enhance you kitchen in a way that will increase the market value of your residence.

In the grand scheme of things, these five strategies provide you with solid guidance on responsible, reasonable, and affordable ways you can increase the value of your home. In some cases, you can increase value even further if you are able to undertake some of these recommended improvements on your own.

Where East Boston is Heading

The Mark at DeNormandie Wharf

 

The day has come where East Boston is on the rise and is going to be the next trendy area in the city of Boston.  Many developers are choosing the highlight East Boston’s awesome amenities, such as waterfront views, the Blue Line into the city, lots of green space, and quiet neighborhoods.  There are nearly 850+ units under construction and [...]

How Electric Vehicles can Benefit Property Owners

Electric

In a 2018 study, Americans purchased over 360,000 electronic vehicles, which greatly surpasses the 200,000 purchased in the previous year.  An estimated 40 million Americans will consider buying an electronic vehicle as their next vehicle to not only help preserve our Earth, but reduce their costs.  However, why isn’t that 40 million helping [...]

New Modern BU Data Science Center in the Works

Boston University

Boston University is preparing to welcome a new Data Science Center to their campus.  Located at 646-665 Commonwealth Ave, this building is set to be 350,000 square feet and will be a new home for the BU Data Science Center.  Beginning in Fall 2019, this project expects to take up to 30 months to [...]

South Station Tower Construction to Begin.. Soon?

South Station Tower in Boston MA

 

Boston’s most popular train and bus hub, South Station, redevelopment may officially have a start date.  And get this: it might be in 2019!  With redeveloping plans dating back almost a decade, the brand new 678-foot tower may be in the works very shortly.  This would make the new South Station tower one of the 10 tallest in the Boston area [...]

Seaport: 501 Congress Street Apartments - Q1 2020

501 Congress Street Apartments in Seaport District

 

Seaport District is welcoming a brand new 23-story, 307-unit apartment building that plans to open in March of 2020.  Located at 501 Congress Street, the developers say that pre-leasing will begin in early 2020 and as expected, the rents are probably going to be pretty high for Boston.  However, if you are a fan of luxurious amenities then [...]

First-Year Encore Revenue Falls Below Projections

Revenue

Wynn Resorts claimed that Encore Boston Harbor, costing about $2.6 billion, would bring in around $800M in its first-year gaming revenue.  After being open for 3 months, the income has reached only about $175.8M and approximately $115M of that money comes from gaming.  With those figures, Encore is short of the Wynn’s pre-opening projections.

Wynn Resort CEO Matthew Maddox is not worried, and believes that changes made to the resort will encourage growth.  Maddox states he is “learning each and every day how to become more local” and that they have been “tweaking [their] food and beverage product to make sure [they’re] giving the customers what they want”.

Last month, Brian Gullbrants replaced Robert DeSalvio as president and now oversees Encore’s food and beverages.  Maddox also wants to incorporate a sports bar at the casino that could potentially turn into a sports betting bar if MA legalizes it.  Overall, Wynn Resorts is confident that by making some tweaks, Encore Boston will be right back on track with the projections.  Any new business is no stranger to trial and error, even massive casino such as this.

Article Source: https://www.bisnow.com/boston/news/hotel/encore-boston-harbor-earned-nearly-176m-in-first-operational-quarter-101688

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