70 Percent of Affluent Homeowners Looking to DIY Projects to Save Money

According to the Summer 2012 Merrill Edge Report, many mass affluent Americans are willing to make short-term sacrifices in order to get their finances in better shape. The report, released on April 26 by Bank of America, explores the financial concerns and priorities of mass affluent consumers, Americans with $50,000-$250,000 in investable assets.

This group, which consists of approximately 28 million households in the United States, has also shown over the last six months a rising concern over a number of financial issues, such as the cost of healthcare and being able to afford the lifestyle they want in retirement.

According to the findings, 70 percent of mass affluent Americans say they took on home improvement projects in the last year, such as plumbing, painting, and home cleaning, that they would normally hire someone else to do.

Younger members of the mass affluent segment were more likely to embark on these home improvement projects than their older counterparts.

84 percent of 18-34 year olds took on a project compared to 77 percent of 35-50 year olds and 60 percent of those aged 65 and older.

Other methods this group will utilize in order to meet financial obligations include cutting back on entertainment and personal luxuries (61 percent), trimming day-to-day expenses (56 percent), and keeping the same car longer than they’d like to (49 percent).

Source: Bank of America

Snake & Spray: Twisted Medusa-Style Shower Head Design

Instead of struggling to get that perfect angle, this alternative shower fixture lets you manipulate six different sprayers to achieve a perfectly relaxing clean.

Designed by Vado, each of the articulated metal armatures ends in a multi-spray spigot so no matter what way you twist or turn things you still get good coverage from the individual elements.

The result can be attached to wall or ceiling, and, of course, you could always add more than one for some serious shower-time fun.

Elegant Chaos: Bathroom Backsplashes of Bubbled Glass

Take a look at some creative uses for glass in bathrooms.

Bathrooms are messy – there is just no getting around it, so why not embrace it with a splash of color and hint of natural chaos?

Evit is an Italian home materials group with a lot of conventional offerings but a few offbeat ones as well, like these colorfully animated glass surfaces that bubble up before your eyes.

Other non-conventional backdrops for your bathroom sink include smooth and textured metal tiles that reflect light but not images around the room.

Build Up Baseboards with Wood Trim and Paint

Bulk Up Your Baseboards with Wood Trim and PaintIf your home has standard 3-inch baseboard molding and you’d like to have a more luxurious trim without having to dispose of your current perfectly-good molding you can simply add a line of inexpensive ½-inch trim molding two or three inches above your baseboard molding and painting the wall between the two pieces the same color.

Use a piece of wood of the desired thickness of the gap to make sure your trim molding is evenly spaced. You can then tape off the top and bottom and paint the entire new molding area; trim, wall, and baseboard the same color. You’ll get the improved aesthetics of tall baseboards at much better price.

Here’s a Cheap Faux Baseboard Tutorial.

First – become well acquainted with one of these.

By putting an extra piece of trim in, and painting in between, use a piece of wood to be your guide.

Just wait, it looks kind of funny when the board is just up.

Nail gun it up, with a few nails, using your scrap piece of wood guide.

Lots of this great stuff.

Some Primer.

2 coats of Semi Gloss White.

There you are: Chunkier baseboards.

Bulk Up Your Baseboards with Wood Trim and Paint

Thinking About Remodeling? Coolest Home Upgrades

Many homeowners are opting for home renovations – you know, just to spice things up a little.

Maybe you turn your bathroom into a high-tech spa or get some smart appliances in the kitchen. Maybe you do some green upgrades or maybe you do something purely for luxury.

So, what’s the new rain showerhead, the new infinity pool?

We talked to contractors, designers and developers all over the country and here are the 10 Coolest Home Upgrades.

Best Cities to Relocate to in America

Hidden, Wall-mounted TV

Wall mounted TV

Photo: Electronichouse.com

It’s go big or go home with televisions these days – but when you bring one of these drive-in movie-sized screens home, it can often wreck the design of the room. When a guest walks in, they won’t say, "Wow, what a nice house," but rather, "Wow, what a big TV you have!"

Well now, you can have it all – a big screen and big style. Designers are increasingly choosing to hide gigantic televisions in the wall and cover them with a mirror or artwork so when they’re not in use, you don’t even know they’re there!

When it’s above the fireplace, it can be a framed mirror or piece of art. In the photo at left, this Samsung 37-inch LCD is mounted in the closet behind the mirror, hidden by a removable panel in the closet.

You probably want a pro to do this – TVs require proper ventilation.

 

Water Feature With Fire

Water Feature With Fire

Photo: MerchantCircle.com

Fountains aren’t new and fire pits aren’t new but put them together – maybe even add some LED lighting – and shazam! Welcome to the future.

A water feature with fire shooting out of the middle can instantly remind you of that Hawaiian vacation (maybe pump some hula music into the outdoor speakers) or just ensure that you not only keep up with the Joneses but knock their socks off when they come over for a barbeque.

They can be rectangular trough-like structures with broken glass in the middle where the fire shoots out, or circular like this one in the picture at left. They can be freestanding, attached to a pool or create a big ridge of fire in a stoned wall. Have a seat because you can control it all by remote control!

OK, who wants toasted marshmallows?

 

Home Golf Simulator

Home Golf Simulator

Photo: Truegolf.com

Golfers have been practicing their swing at home for years but not quite like this – a floor-to-ceiling golf simulator with a massive screen to let you "play" on some of the coolest courses in the world from Hawaii to England.

A golf simulator like the one from Trugolf at left is the ultimate addition to your game room next to the pool table and pinball machine.

Not only do you really feel like you’re on the course but it helps you with your game, with sonic ball-tracking sensors and a program that gives you valuable feedback on your swing. They run from $20,000 to $60,000 or more.

She winds up the swing, good form and… Four!

 

Glass Rooms on the Patio

Glass Rooms on the Patio

Photo: Cotton & Co.

Outdoor patios with full kitchens are getting even huger these days, with some nearing 10,000 square feet, said Stephann Cotton, owner of the real-estate sales and marketing firm Cotton & Co.

They’ve got the Rolls Royce of grills, outdoor wine fridges, fireplaces, sweeping views — you name it. But guess what else they’ve got? Bugs.

Cotton said his high-end clients with penthouses in Boca Raton, Fla., are increasingly asking for these glass structures, out at the end of the patio where the best views are. They’re turning them into everything from outdoor dining areas and zen gardens to man caves and music studios.

A four-sided glass structure means there aren’t just northern views or southern views, Cotton says, there are north, south, east and west views!

 

Exotic Landscape Lighting

Exotic Landscape Lighting

Photo: Robert Davie

So you’ve got spotlights and those little solar path lights but this is taking your backyard to the next level and doing exotic landscape lighting.

Maybe it’s uplighting on the palm trees, Cotton explained, or in the waterfall that spills over into the pool.

The cool thing is, Cotton said, you can even use solar lights – so it won’t cost you an arm and a leg in electricity! Take a solar light, put it in a spotlight and turn it upside down shooting up into your landscaping or water feature like a fountain or koi pond.

"Landscape lighting in the water is fairly easy to do," Cotton said. "You get that constant reflection – It’s very romantic mood light. It produces a romantic and flickering light – just like a fire does."

Check out more ideas, like the one at left, from Robert Davies landscape design.

Outdoor Shower

Outdoor Shower

Photo: Karmasamui.com

No, we’re not talking about the kind you put next to the pool so the kids can wash off the sand, dirt or chlorine.

These are luxurious showers, usually off of the master bath, made of high-end stone and other natural materials, with lush foliage that create your own personal Eden.

You’ll already find this type of outdoor shower in resorts in Bali, Fiji and the Caribbean, but now, homeowners are bringing the resort home.

"It’s a very sexy thing," said Walid Wahab, president of Wahab Construction in south Florida. "It’s your private shower — you can get completely naked and take a shower outside in your private garden."

Wahab said the construction is getting very creative – things like a shower head coming out of a tree.

Master Control for Energy Consumption

Master Control for Energy Consumption

Photo: Control4.com

You know you can control your entire house now from a laptop, iPhone or iPad. Everything from the lights and thermostat to the stereo – and even the pool. Here’s taking it to the next level – a master control for energy consumption.

"This is very, very new – people are just experimenting with it," said Ron Rimawi, who co-owns Digital Interiors in Atlanta. "It helps make you more aware and more conscious of your energy usage, so you don’t waste energy."

Basically, they’re small digital panels that connect with the utilities and track various appliances and systems in your home. They can tell you everything from your usage to the temperature and how much it’s all costing you!

"We have long held the belief that the promise of the Smart Grid can only be realized if the consumer is front-and-center in the design of demand-response systems," said Control4, which makes the master control for energy consumption pictured at left.

Pop-up Ventilation for the Kitchen

Pop-up Ventilation for the Kitchen

Photo: Dacor.com

No one wants the lingering smell of smoke and cooking fumes in the kitchen – particularly with how hot the open-concept kitchen-living area is right now. But hoods, no matter what high-end materials you use, can be clunky, not to mention they get greasy and dirty.

Enter the pop-up hood vent – You can sink it into an island or other countertop (of course, with an underground vent to the outside) and then at the press of a button, it comes up, sucks all the smoke and fumes out and then press the button again and – poof! – it vanishes again.

This is not only great for kitchen design, but also to lure other members of the family into the kitchen to help.

Make it high-tech – and they will come!

 

Cooling Drawer

Cooling Drawer

Photo: Electronichouse.com

Let’s face it – kitchens are getting cool. From sleek granite to smart appliances, this isn’t your grandma’s kitchen.

One of the places where the most innovation is taking place is in the refrigerator. Maybe they have double French doors or are hidden by paneling that makes them blend in with the cabinets.

One of the coolest things – literally – is a cooling drawer, like the one shown left from Fisher Paykel. These are drawers with several different temperature settings, so you can store soda, wine, snacks for the kids – even ice cream.

They’re individual drawers, so you can have any number of them scattered around the house.

Expanding Kitchen Prep Surface Supports Big or Small Meals

Imagine a kitchen that stretches, recedes and contorts to your every whim. It gives you more surfaces when you need them and more floor space when you need that, and changing things around is as simple as scooting segments of the counter around.

The Accordion concept by Olga Kalugin could revolutionize the way we use our kitchens. It’s a food preparation surface that expands and contracts by simply pulling and pushing its segments. The spaces between the segments is occupied by wedge-shaped boxes, giving you plenty of room for all of the kitchen accouterments you need to make delicious meals…and keeping ingredients close at hand.

Covers fit over food drawers which are located on both ends of the surface. The covers can be turned over to act as preparation boards while the drawers below hold ingredients until they are needed.

The wedge-shaped drawers can be moved to either side of the surface, giving a distinctive curve in one direction or the other, or both if you so choose. The unique kitchen system exists only in the designer’s dreams right now, but it could easily become a staple in every busy kitchen.

Puzzle parquet makes flooring interesting

This familiar pattern brings back images of rainy days spent putting together a jigsaw puzzle. When all the complex interrelating pieces fit together, it reveals a beautiful picture. The Jigsaw pattern does just that for your floors.

See all of the possibilities.

 

Bedroom Inspiration: Massive, Magnificent Walk-In Closets

Huge walk-in closets are one of the dream features that most of us wish we could have in our own homes. Whether you are ready to build your fantasy closet or are still firmly in the wishing phase, these incredible walk-in closets from Italian furniture manufacturer Doc Mobili are the perfect inspiration.

The custom built-in closets often require the homeowner to sacrifice a room for their clothing storage. An unused guest room is just about the right size for a gigantic walk-in closet.

But in homes that lack a neglected room that can be turned into a dream closet, a segment of the bedroom can be sectioned off instead.

The signature part of Doc Mobili’s walk-in closets is the transparent sliding glass doors. The doors serve to make the closet appear to be an extension of the room while also adding a deliciously modern flair.

Even if you don’t plan to build a magnificent closet at some point, these pictures of completed closets are eye candy for design lovers. The perfectly arranged hangers, neatly situated shoes and rich, dark wood are enough to elevate these closets to the level of fine art.

New WA State Law: Carbon Monoxide Alarms Required To Sell Owner-Occupied Homes

41HBD0VB2aL._SL500_AA300_A new law regarding carbon monoxide alarms in Washington homes has created many questions about which real estate transactions it affects.  Here’s what you need to know about the requirements:

As of April 1, 2012, sellers of owner occupied single family homes, condos and mobile homes must install carbon monoxide alarms prior to closing.

  • Listing agent needs to let the seller know, at the time of listing, that they will be required to install carbon monoxide alarms.

  • Appraisers will be looking for the alarms and expecting them to be installed before closing.  To eliminate transactional challenges, this is best done prior to the appraisal.  

  • Bank Owned properties will not have to comply as the property is vacant.

  • Short Sale Sellers that are occupying the home will have to install the alarms.

  • The sale of homes built after January 1, 2011 should not be affected as they should already have the alarms installed.  Building code has required them since that date.