Category Archives: Second home trends
A week or so ago, our contributor Dallas Addison, an attorney and vacation home property developer/consultant, gave us the Aspen report and said that vacation home communities are getting greener, more sustainable, because they have to to stay in business.
Golfing great Hal Sutton found himself in the Texas Hill Country about 12 years ago, with a stop in Fredericksburg. He might have thought he was in Tuscany, not Texas, because the terrain was so similar he wondered where the olive trees were. The idyllic German-esque community of about 11,000 in Gillespie County rests about 70 miles west of Austin and 52 miles north of San Antonio. Fredericksburg, famous for its summer peaches and German brews, caught Sutton’s heart and never really let go.
It’s that time of year, temperatures are falling in Dallas, snow is falling in the mountains of Colorado. Halloween is behind us and our thoughts turn to a ski getaway. Whether you prefer two boards, one (or for that matter, hot chocolate and hot toddies in the lodge), Aspen is one of those special spots that simply delivers the goods for North Texans. Known as a bellwether in the second home industry, it’s a well-known playground for the rich and famous. Aspen even has it’s own private jet company, Sentient Jet, now the official Private Jet Provider of Aspen/Snowmass, with cardholder benefits. If holiday bustle is your gig, book during Christmas and New Year’s, hope for great early season snow and enjoy the spectacle. At other times, the crowds are more manageable and the skiing and boarding are almost always outstanding.
You have heard me bragging on 3RD Home on these pages before.
3RD Home (see ad to right) is a web site for second home owners that expands second home ownership by creating a home swap of vetted vacation home owners and properties. It’s like belonging to your very own Exclusive Resorts, only more exclusive. You must already be a second home owner — condo, home, ranch — and then you can exchange your home to stay at a THIRD home for — are you ready? $495 a week. That is not a typo. It costs you $495 to join 3RD HOME, and then $495 per week per stay at a home that matches the value, categorized as keys. I might add this must be full home ownership on your part, no family timeshares like our beach house. All the homes and owners are scrutinized so you know you are not just getting a five star location, you are putting nice people just like yourself in your property.
Open Thread: Running Away For The Holidays — Where’s Your Favorite Spot to Spend Christmas Out of Town?
You know what’s exhausting? Shuffling to a million different homes throughout the Thanksgiving and Christmas holidays to visit with relatives both close and distant. It gets tiring and old, and the environment rarely changes.
SecondShelters.com welcomes its newest expert contributor, Dallas Addison, who really IS from Dallas, Texas!
My name is Dallas Addison, and my passion is real estate. I’m trained as a lawyer and have helped many clients throughout the country buy, sell, develop and manage all types of real estate over the years, with a particular focus on recreational and hospitality-based real estate, such as golf courses, resorts, ranches, second homes, etc. I’m also a founding principal of Preservation Land Company, which has created several incredible (if I may say so) conservation-based recreational ranches near Dallas and worked on projects in Montana, Hawaii and New Mexico. On the educational side, I’m a long-time member of the Recreation Development Council of the Urban Land Institute, a global organization of leaders in the real estate industry whose mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. Continue reading
Long Cove on Cedar Creek Lake: Clearly the Most Remarkable Vacation Home Spot in North Texas for Old Fashioned FUN
Don McNarama does real estate developments, and he does them right. He is the investor responsible for Dallas’ well-known CityPlace, which includes the West Village urban developments. West Village has become a virtual synonym for successful urban commercial real estate development. If I had a dime for every time a developer said to me, “we are building a West Village-type community…” I’d be, well, McNamara’s neighbor.
We probably know it deep in our gut, but luxury vacation homes built on the water cost 63% more, on average, than similar properties that are land-locked. This from a global property consultant, Knight Frank, who scrutinized the ten most popular second home destinations around the world.
I was in Denver last year when the Waldo Canyon fires were burning, and at least 650 homes — maybe more — burned. That’s why I was closely watching, this week, the Beaver Creek, Idaho fires that were threatening Sun Valley. The Ketchum ski community has been trying to make a real estate come-back, fire is just what it did not need – this from Curbed Ski: