https://www.meetup.com/The-80-20-Real-Estate-Meetup/

80/20 Real Estate, New Berlin, WI (2026)

08/11/2023

5 Outdoor Projects That Pay Off the Most

1. Standard lawn care service: 217% (percent of value recovered)

Project: Complete six standard seasonal applications of fertilizer or w**d control on 5,000 square feet of lawn.
Cost estimate: $415
Estimated cost recovered: $900
2. Landscape maintenance: 104%

Project: Mulch, mow, prune shrubs and plant about 60 perennials or annuals.
Cost estimate: $4,800
Estimated cost recovered: $5,000
3. Outdoor kitchen: 100%

Project: Install an inset grill, stainless steel drawers, ice chest sink and concrete countertop with veneered masonry stone.
Cost estimate: $15,000
Estimated cost recovered: $15,000
4. Overall landscape upgrade: 100%

Project: Install a front walkway of natural flagstone; add two stone planters, five flowering shrubs and a 15-foot-tall tree.
Cost estimate: $9,000
Estimated cost recovered: $9,000
5. New patio: 95%

Project: Install a backyard 18-by-16-foot concrete paver patio.
Cost estimate: $10,500
Estimated cost recovered: $10,000

What pays off the most when it comes to curb appeal?

07/12/2023

9 Hot Home Design Trends This Summer

Find out what home styles—both interior and exterior—are seeing dramatic increases in online searches.
Homeowners are trying to maximize their space by taking on remodeling projects geared toward creating new living areas while overhauling their property’s style, according to the 2023 Houzz U.S. Emerging Summer Trends Report. Houzz, a home improvement site, analyzed the latest search insights from homeowners, designers and contractors to identify the following top trends.

A Basement Refinish

Online searches for “finishing a basement” have increased significantly over the past year as more homeowners look to turn their large, open spaces into a family or recreation room. Basements are being refinished to create a spot for watching movies, playing games and exercising, according to the report. The search term “basement golf simulator” posted one of the biggest upticks among home improvement-related searches, the report shows.

Find out what home styles—both interior and exterior—are seeing dramatic increases in online searches.

06/12/2023

Sustainable Home Upgrades for Owners on Any Budget

Here’s a breakdown by budget of the projects that can save homeowners money on energy bills—and the potential savings.

Energy-efficient home upgrades could help homeowners cut their annual energy bills in half while also reducing their home’s carbon footprint. But even though consumers are showing a greater interest in sustainability, nearly a third say they think green remodeling projects are too expensive, according to a survey conducted by Thumbtack, a home services website, and Rewiring America, an electrification nonprofit. Another 31% say they don’t know where to begin when considering green upgrades.

Here’s a breakdown by budget of the projects that can save homeowners money on energy bills—and the potential savings.

05/10/2023

The Powerful Visual Impact of Disappearing Glass Walls
This year’s New American Home puts all the focus on the outdoors. See new ways to connect interior and exterior spaces.

Even inside the New American Home 2023(link is external), the focus is on the outdoors.

The property—a prototype featuring the latest home design and technology trends unveiled earlier this year during the International Builders’ Show—appears as though it’s etched into the surrounding desert landscape and mountainous backdrop. Built in Henderson, Nev., the home features disappearing glass walls as well as earthy elements and color schemes.

Inside, the two-level contemporary home boasts four bedrooms, seven bathrooms, a home office and a flex and exercise space across 7,600 square feet. Despite the home’s mammoth size, it has achieved the highest marks for energy efficiency and performance. The home was built and designed by Luxus Design Build(link is external) and studio g Architecture(link is external).

“This home showcases a wide variety of some of the most advanced products and innovative design concepts—but in a very understated, clean, refined manner,” says Michael Gardner, principal at Luxus Design Build, the lead architect of the home. “It’s a great balance of form, function, usability and design.”

This year’s New American Home puts all the focus on the outdoors. See new ways to connect interior and exterior spaces.

04/10/2023

5 Remodeling Trends to Watch as More Owners Upgrade
Home improvement remains a hot trend as people update their spaces to be more functional for the long-term.

1. Expanded living spaces. The number of renovating homeowners who are adding square footage is on the rise. The rooms most popular for expansions are kitchens, bathrooms and living rooms, the Houzz survey shows.

2. Remodeling budgets are rising. The median expense for home renovations in 2022 was $22,000—up 22% from 2021. Ten percent of owners were willing to spend six figures: $140,000 or more. Expenditures are likely rising because materials and products are getting pricier. Kitchen and bathroom renovations were the most expensive projects homeowners took on; in 2022, the median spend on a kitchen remodel reached $20,000, and $13,500 for primary bathrooms, up 33% and 50% year over year, respectively, according to Houzz.

Home improvement remains a hot trend as people update their spaces to be more functional for the long-term.

03/30/2023

Bold Designs Turn Kitchens, Bathrooms Into showpieces
Go bold in your home! Brighter color combos and loud wallpaper designs are dressing up interiors, but this attention-grabbing trend is being mixed with toned-down natural materials and accents. Houzz, a home renovation and design website, offers its predictions for the home styles likely to have a big impact this year.

1. Keep It Natural

Homeowners are rethinking synthetic materials like engineered quartz, which has dominated kitchen renovations in recent years. Instead, owners are gravitating toward natural materials that they believe add more character and authenticity to a space, Houzz notes. More designers report installing quartzite and other natural stone countertops, as well as marble tile and wood cabinets and vanities—notably in white oak.

Homeowners are taking more chances with daring color combinations and major renovations to bring the outdoors inside. Your clients will be eyeing these 10 home styles this year.

03/21/2023

Biophilic Design Helps Homeowners Connect to Nature

Interior design experts discuss what’s new and next for this comeback design style.

Last year, the visual search engine Pinterest(link is external) recognized “biophilic design” as a trending search term. Searches for “biophilic architecture” had risen 150%, while searches for “biophilic design bedroom” were up 100%. For real estate professionals, it’ll be important in coming months and years to understand this particular trend and how to incorporate it into a space.

Though it’s making a comeback, this design philosophy is not new. Biophilic design was pioneered in the 1980s by biologist Edward O. Wilson, whose work focused on humans’ need to connect with nature, according to Brooke Lang, interior designer and owner(link is external) of Brooke Lang Design in Chicago.

Everything old is new again, but how are millennial and Generation Z homeowners and tenants making biophilic design their own? Interior design experts offer insights on how this trend is being incorporated now.

Interior design experts discuss what’s new and next for this comeback design style.

03/02/2023

Predictive Analytics Guess Buyer, Seller Trends Accurately

The technology is helping real estate pros more precisely target prospects who are most likely to move in the next 12 months.

You might be able to find out who in your market is most likely to move in the next few months—even before they know.

Predictive analytics aim to provide a crystal ball into the future buying and selling habits of prospects in your area, and so far, a large percentage of predictions have been spot on. In December 2021, when the market was considered unpredictable, real estate software development company TKI identified 2,024 of 35,000 properties in Decatur, Ill., that were likely to come on the market in the next year. By the end of that timeframe, about 23%—or 463—of those homes had been listed.

“Decatur is a great example of how predictive analytics can be effective,” says TKI cofounder and CEO Tom Gamble. “We reviewed the ZIP codes in the market and reduced the size of potential listings down to a very manageable number. A brokerage or team that focused almost exclusively on this pool of prospective clients would have likely been much more successful than those who tried to be in front of all 102,000 households.”

The technology is helping real estate pros more precisely target prospects who are most likely to move in the next 12 months.

02/23/2023

What's New in Multifamily: Building Processes

On the multifamily front, high costs and a greater concern for the environment are spurring efforts to cut construction time and expense while increasing sustainability.

Three Key Takeaways

Mass timber products save construction time because of its prefabrication.
The materials sequester carbon rather than emit it as concrete and steel do.
Wood exposed on the interior provides a biophilic effect, a boon to aesthetics and healthfulness.
In the multifamily space, the need for new building processes and materials and the possibility of paring construction and labor costs are generating a buzz. This is especially true as rising costs and inflation, labor shortages and an increased concern for the environment continue to impact the industry.

On the multifamily front, high costs and a greater concern for the environment are spurring efforts to cut construction time and expense while increasing sustainability. Mass timber shines through as a viable answer.

02/20/2023

Start the Year with Bold Color and Patterns

After years of touting grays, beiges and greiges, design pundits are encouraging homeowners to embrace vibrant hues and lively patterns. The trick is doing it right.

Key Takeaways:

Homeowners are craving change and individuality, which means patterns and colors are making a bold comeback.

Keep things simple, with one pattern as the “star” and other patterns and colors as supporting “actors.”
Don’t be afraid to go bold. After all, that’s what patterns and colors were made for.
Neutral, solid colors have dominated interiors for years. Countertops, backsplashes, floors, walls, ceilings and upholstery boasted blocks of beige and myriad gray hues. Things are changing though. Many homeowners are eager to punch up their surroundings and go bold.

https://www.nar.realtor/magazine/real-estate-news/home-and-design/start-the-year-with-bold-color-and-pattern

Real estate professionals who can identify trends in listings will have an advantage over those who don’t have this knowledge, and can offer sound counsel to their clients when they’re thinking about remodeling or upgrading their properties.

02/09/2023

Barkitecture’ Makes Your Pets the King of the Castle
A new home design movement prioritizes property features that are meant to raise the lifestyle of your four-legged sidekick.

Who’s the house for—you or your dog?

Americans are so devoted to their pets that most say they’d pass on their dream home if it didn’t suit their four-legged sidekick, according to a recent realtor survey(link is external). So, it’s no surprise that pet-friendly property features, like a fenced-in yard with a dog run or a “catio,” are rising to the top of home buyers’ wish lists. The trend toward pet consciousness is sparking a new home design movement called “barkitecture.”
https://www.nar.realtor/magazine/real-estate-news/home-and-design/barkitecture-makes-your-pets-the-king-of-the-castle

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01/30/2023

4 Inexpensive Ways to Boost Curb Appeal This Winter
If you’re in a cold-weather climate, don’t let the winter blues bring down your listing’s curb appeal.
If you’re in a cold-weather climate, don’t let the winter blues bring down your listing’s curb appeal. Jackie Mosher, co-founder of Dzinly, a company that provides designer-approved digital exterior designs for inspiration, offers a few tips for sprucing up the outside.

Brighten the Front Door
“Even just a fresh paint coat of the existing color can sometimes do the trick,” Mosher says. Or give it a new color. For a cohesive look, paint the door a shade darker or lighter than the home’s exterior color. For a bolder statement, use the color wheel, choosing a color the opposite of the home’s main color. For example, if the home is mostly brown, give the front door its complementary color—dark blue.

If you’re in a cold-weather climate, don’t let the winter blues bring down your listing’s curb appeal.

80/20 Real Estate

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