Don’ts to Landscaping Your Home

Good curb appeal is a plus when selling your home.  In fact, attractive landscaping can add up to 28% overall value to your home. There is a fine line between too much and too little landscaping which could lead to a setback in your home’s appearance. To make sure your landscaping is not a complete disaster, do not make the following mistakes.

Avoid “mulch volcanoes” which are piles of insulating organic matter that come above the trunk of a new tree.  Mulch should be loosely applied so that the soil temperature and moisture can be controlled.  If you pile the mulch and pack it in, it can strangle the roots of the new tree and the root collar will soften.  This will cause rot, a good home for insects and suffocated roots.

Know your plants! Some plants can be harmful and in fact dangerous to your landscaping. Invasive species of plants can overtake your yard. Beware of Bamboo (impossible to control), Mexican feather grass, fountain grasses and pampas grasses.

Always plan ahead.  Poor planning even in landscaping can become a problem. Draw your design out and understand your space allotment.  According to John Crider of Crider Landscaping, “Measurements are key. Like a good carpenter, measure two times and cut once.” Don’t make the rookie mistake of planting too big.  For small areas of your yard, plant flowering perennials and smaller plants. Large shrubs and large foliage often struggle to take root but small foliage take root easily.

If you live in an area that often uses gravel, too much is an eye sore.  These areas usually include places that get little rain. Using gravel in your landscaping does conserve water, but it also soaks in the heat that can damage your plants.  Too much gravel can also harden your soil making it hard to add foliage to the hard-packed area.

Just like any other fake material, if it is installed incorrectly it will look tacky and fake.  Drought-ridden regions often lack grassy areas, so in comes fake grass. The artificial turf of today looks amazingly like real grass. The one rule of thumb is to install it correctly.  Usually an expert is recommended.  If this is going to be a DIY project, you should excavate 3 inches below the finish grade and install sub-base.  The reason for this is simple. Soil expands and contracts with the water intake which can create a wrinkle effect and uneven surface on the lawn.  Chad Vander Veen of Purchase Green Artificial Grass says, “A sub-base will ensure an artificial grass installation will continue to look good for the duration of its 15- to 20-year life.”

Protect your landscaping when under construction.  Many of us are always working on our homes.  If you want to spruce up your home or add an addition, remember your large trees.  Protect them from the construction, especially their roots.  Damage roots can affect a tree for years to come.

Remember good landscaping goes a long way, but can also be a potential for a big disaster.  Always plan ahead and consult an expert if you are unsure on any project you may be embarking on.

Click Here For Source Information.

How Long Does It Take to Build A Single-Family Home?

In 2015 it was reported that it took 7 months on average to build a single-family home. In the 2017 Survey of Construction (SOC) from the Census Bureau it reports that it now takes at least 7.5 months from start to finish. A month from authorization to start and an additional 6.5 months to build the single-family home.

Within single family home construction, houses built for sale took the shortest time at 6.9 months, those built by hired contractors on average to 9 months and those that took the longest at 12.3 months were single-family homes built by owners.  The reason for the difference in time stems from home owners obtaining their own permits.

The time it takes to obtain permits to completion of building a single-family home varies across the nation’s geographic location, metropolitan status, and whether it is a custom-built home or a home built for sale.  In New England it takes on average 10.4 months, Middle Atlantic 10.3 months, East South Central 9.4 months, East North Central 8.2 months, Pacific 8.5 months and the shortest time is in the South Atlantic region where it takes 6.4 months. In metropolitan areas it takes around 7.3 months from start to finish which is 2 months less than it takes in non-metropolitan areas.

Out of the homes that were built in 2017, 31.6% were sold before construction started, 28.8% sold while under construction, 11.3% sold during the month of completion and 16.6% sold was completed.

Click Here For Source Information.

July 2018 Member Spotlight: David Waltemath

ULI Louisiana News

July 2018 Member Spotlight: David Waltemath

 

ULI member David L. Waltemath ranks among the top residential developers in the New Orleans metro area. ULI recently sat down with David, Scott and Kelly Waltemath to profile their real estate development operation.

ULI: How did you get started in real estate development?

DW: I’ve always been involved. Two generations of my family were successful real estate developers before me. My father, Henry “Hank” Waltemath, carved out many of the major neighborhoods in Algiers on the Westbank of New Orleans.

Today, I’m proud to say, we have a fourth generation involved in our developments. My son, Scott Waltemath, has a passion for development. He serves as Director of Builders and Lot Sales on our projects. My daughter, Kelly Waltemath, is a recent LSU graduate and is already a multi-million dollar producing Realtor® with Keller Williams New Orleans. She is Director of New Construction and Resales for our group and also lists private homes on both sides of Lake Pontchartrain.

I shouldn’t omit my wife, Kathy, either. She has made way too many civic contributions to cover, including past president and board member of the Louisiana Children’s Museum, which she helped found. Community involvement should not be under estimated.

ULI: When did you realize you’d become a successful developer yourself?

DW: There’s always a defining moment in every career, I suppose. Mine occurred in 1986 when I assembled a partnership to develop English Turn on the Westbank. USF&G Chairman Jack Moseley helped us create the PGA’s New Orleans tour stop, the USF&G Golf Classic. Golf legend Jack Nicklaus, Bob Sierra, and their team pulled the golf course together. Cap Caplinger designed a beautiful land plan for the community.

Ironically, I’d never picked up a golf club until I started working on English Turn.

ULI: Scott, tell us about some other projects your team has been involved with.

SW: Right now, we have a successful master-planned community, The Parks of Plaquemines, on Woodland Highway in Plaquemines Parish and another new one in the same area, Cypress Park, under development for 2018.

Bedico Creek Preserve in Madisonville has been a landmark project for us. It was originally a failed golf community. Our team re-envisioned the initial plan and bought the failed operation. We replaced the course with more than 500 acres of permanent nature preserves, paved walking/hiking trails, parks, lakes and green space. The past three years, we’ve been smashing home sales records on the Northshore. At year-end 2018, we were selling 129% more homes than our nearest competitor! We have more than 400 homes completed or under construction. Bedico is undoubtedly St. Tammany’s most successful real estate turnaround ever.

We’ve had other successful developments post English Turn like The Estates of Northpark in Covington, The Highlands of Santa Maria and Green Trails in Baton Rouge, plus Punta Gorda Harbor in Charlotte County, Florida. The company has done some commercial projects, as well (Chevron, Entergy, Conoco buildings at The Timbers office park on the Westbank).

ULI: Kelly, what do you believe has made Waltemath Interests so strong?

KW: We have generations of experience. Falling back on that is simply priceless.

Dad has a genuine, innate sense of what will sell and what makes a viable project. He always gives buyers the long-term investment potential they’re looking for. He watches the market stats and stays on track fiscally, not over-building or under-building. I’d say he has an amazing talent for staying on budget, while still creating a community where people truly enjoy living. He wants our work to make the entire area a better place than before we built it.

I also think it’s important to note that Dad knows how to build a team. Our projects encompass the cooperation of local Realtors and the construction pros building the homes. A standout community must ultimately be lucrative for everyone involved. He has also assembled a talented team of experienced marketing, communications and online specialists who unfailingly make us look terrific in the media and online.

I believe our projects are special because David Waltemath knows how to build more than just a development. He knows how to build a team.

Rest assured, at Waltemath Interests, there’s a carefully-considered plan behind the magic.

 

Click Here For the Source of the Information.

More Places for Residents to Live in Covington

Covington, a charming southern community surrounded by three rivers, is a growing area with a wonderful mix of shops, galleries, boutiques and restaurants.  Covington offers everything from water outdoor adventures to cultural events.  With an influx of new residents, Covington has been slated for a 272-unit luxury apartment development.

The new development, located at U.S. 190 and I-12 intersection, is already under construction and will open in late 2019. The 20-acre project, costing $43 million, will be across from the Versailles Business center. Versailles has been chosen to be the new headquarters to California’s Silicon Valley’s big corporation, Globalstar which will bring more residents to the area.

The development is being built by Dobbins Group LLC a real estate development, finance, property acquisition and construction management company based out of Birmingham, Alabama. The company was formed to seek out and build multifamily real estate investments throughout the southeast. Currently they have over $100 million in new developments in progress around the southeast.

Bill Dobbins who is the managing principal and founder of Dobbins Group sees the demand for a development like this saying, “there’s a lot going in that general area and jobs are being created as the office buildings go up. We look forward to bringing a new design to luxury apartment living in Covington. This community will provide our residents with upscale apartment homes in one of the metro area’s premier destinations for living, working, and shopping.”

The development will be patterned after the “Big House” design.  This design features walk out patios and balconies, enclosed private stairs for upper units and direct access garages. “The overall design makes it look more like a big house than an apartment,” Dobbins said.

Click Here For Source Information.

St. Tammany Schools to Up Their Resource Officers

The United States has seen a great amount of school tragedies in the last ten years.  Schools across America are amping up their security measures.  St. Tammany School Board is no different.  The School Board recently approved hiring additional resource officers. There will now be police officers and mental health providers for each campus.

The county reports this will be a $4 million annual increase in cost and will come from the existing funding for the first year.  Administrators have advised the district that more funding for future school years will need to be covered.

Fortunately, there have been reduced tax rates across St. Tammany Parish. May 17, 2018 a 1-mill reduction over the 2017 rate was adopted, cutting the rate back to 64.41 mills.

Luckily St. Tammany School District’s property tax rate has dropped 23 mills since 1992.  This can be contributed to the amount needed to cover outstanding bonds dropping and the district’s bond attorneys refinancing outstanding debt at a lower interest rate. The 1 mill cut saved the taxpayers $1.9 million.

Since the recent cut in taxes, many board members are hoping that voters will agree to the $4 million in the security enhancement project.

Another Corporate Headquarters Makes Covington Its Home

If you live on the Northshore, then you are most likely familiar with Rapid Urgent Care. This 5-year-old company currently has walk- medical clinics in Slidell, Mandeville, Baton Rouge, Metairie and Covington. Dr. Edward Dease who owns Rapid Urgent Care and Correct Care (a company that provides physician staffing and management services) chose Covington to house the new headquarters for both his companies.

Dr. Dease, who has worked as an emergency medicine physician and as an anesthesiologist, purchased the 6,000 square-foot building at 229 Saint John Lane for the corporate office which will house both medical company’s administrative staff. With the two companies growing and doubling in the number of walk-in clinics, the Covington headquarters employees will double in size.

The new corporate office will not offer medical services but has a clinic a few blocks away which will treat patients. Dr. Dease, a longtime Covington resident agrees with Covington Mayor Mike Cooper who said, “It’s great for Covington to be able to get this building back into commerce and to know that the employees will be able to enjoy what we have to offer in the downtown area.”

Click Here For Source Information.