Santa Fe Real Estate Guide
February 2 012
An updated adobe The residential market
We Know santa fe Real Estate KnowingSantaFe.com Welcome to knowingsantafe.com — a completely unique proprietary online experience for those looking to buy or sell real estate in Santa Fe, New Mexico. What makes knowingsantafe.com so unique? It’s been crafted to suit the needs of both buyers and sellers with our proprietary Santa Fe Property Explorer, delivering the most detailed information possible about our Santa Fe real estate listings; land, farms, ranch properties and Santa Fe homes for sale. Not only do we showcase photos of every nook and cranny (literally), but you will “feel” the property — whether you are across the street in Santa Fe, elsewhere in New Mexico or half a world away.Virtual tours, detailed descriptions about finishes and special features, dimensions of rooms, plans and maps of the property, downloadable brochures, and other features are available.We provide you completely free access to the Santa Fe MLS listings in addition to our extensive internal listings of luxury homes and properties. Because its like no other real estate site you’ve ever visited, you’ll know what to expect before you ever set foot on the property. We guarantee it.
LA ESTANCIA DE CIENEGUILLA
VIA DE LOS ROMERO “A piece of heaven” is how this historic ranch and farm property is quite often described. Spanning approximately 45.79 acres of vibrant and varied terrain — irrigated pastures, rocky hills, and an extensive bosque — it includes both sides of the Santa Fe River for nearly a full mile. Extensive water rights make this a true oasis. A 3BR, 3 1/2BA farm house, guest casita and various outbuildings complete the property. MLS# 201002869 Offered at $4,600,000
SPACIOUS NEW MEXICO MANOR
BROWNELL HOWLAND BUILDING SITES
BROWNELL HOWLAND This is a rare opportunity to own three contiguous lots on prestigious Brownell Howland Road — a 3.5 acre site, a 1.96 acre site and a 1.5 acre site. MLS# 201003945 Offered at $2,750,000
RAY RUSH
Direct 505.984.5117 Mobile 505.577.5117 ray@knowingsantafe.com
TIM VAN CAMP
PASEO DE LA TIERRA Nestled in the dramatic high-desert terrain of La Tierra. 5 bedrooms, 5 1/2 bathrooms, with a total of 7,729 sq ft on 10.07 acres. MLS# 805662 Offered at $1,375,000
Direct 505.984.5118 Mobile 505.690.2750 tim@knowingsantafe.com
www.knowingsantafe.com
VIOLET CIRCLE Less than 15 minutes from the historic Santa Fe Plaza, this superlative Pueblo-style home is the epitome of distinctive, modern Southwestern style.The 2.6-acre property offers sweeping panoramas that encompass both the Sangre de Cristo and the Jemez Mountains. 5 Bedrooms, 5 1/2 baths, 6,000 sq ft. MLS# 201103977 Offered at $2,785,000
DISTINCTIVE MODERN LAS CAMPANAS ESTATE
EASY CONTEMPORARY LIVING
SOUTH STARGAZER On 0.56 acres with awesome westerly views, this 3 bedroom, 2 1/2 bath home with an oversized 3-car garage is a stunning Hurlocker designed contemporary. MLS# 201105667 Offered at $750,000
JOHN RIGATTI
Direct 505.984.5141 Mobile 505.660.3353 jigatti16@comcast.net 231 Washington Avenue • 505.988.8088
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
H o me S a n ta Fe . com
24 SENDERO DEL OSO
$4,575,000
MLS# 201105634
1320 BISHOPS LODGE ROAD
$2,450,000
MLS# 201004447
521 CAMINO DON MIGUEL
$1,650,000
MLS# 201105636
3 PICACHO PEAK
$1,395,000
MLS# 201101504
BANK OWNED 293 out of 2,177 home sales in 2011 were bank owned. For the latest updated list of bank owned homes for sale, go to www.homesantafe.com
142 LINCOLN AVENUE, #300
$2,186,800
MLS# 201003834
1626 VILLA STRADA
$589,000
MLS# 201103787
SHORT SALES 98 out of 2,177 home sales in 2011 were short sales. For the latest updated list of short sale homes for sale, go to www.homesantafe.com
Thank you to all of our clients from 2011!
Although only addresses are listed below, the gratitude to each and every person we worked with is much more than these numbers. Thanks! SOLD IN 2011 1185 South Summit Drive 74 Tesuque Ridge 1664 Sentiero Della Villa 1357 Tano Ridge 607 Agua Fria Street, #3 329 Delgado 2958 Plaza Azul
34 Violet Circle 10 Calle Venado 5 Peregrine 4 Paseo del Venado 50 and 48 Polaris 92 Paseo del Conejo 37 Rabbitbrush
www.sothebyshomes.com/santafe Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
86 Estrellas de Tano 55 La Pradera 2957 Broken Sherd Trail 2955 Tesuque Overlook 3329 Monte Sereno 12 Calle Venado
Paul McDonald
505.780.1008 paul.mcdonald@sothebyshomes.com HomeSantaFe.com 321 Washington Avenue • 505.988.8088 H OME F EBRU ARY 2 01 2
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Shane Cronenweth 984.5158
shanesantafe@gmail.com www.ChooseSantaFe.com
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33 SPIRIT COURT $1,050,000 An unbelievable price! Marvel at the amazing panorama from this remarkable 2002 compound, with a 4 bedroom adobe main house and spacious casita, located on 1.8 acres in a gated subdivision convenient to downtown and Tesuque. The incredible kitchen/family room is unmatched, and a romantic master suite is set well apart from the guest wing and screening room. Gleaming hardwood and stone floors, beams, hand-troweled plaster, gorgeous carved doors, generous terraces, water features, a terrific sports court, and so much more! MLS# 201104704
Caroline Russell 954.5530
caroline.russell@sothebyshomes.com www.ChooseSantaFe.com
Visit us at ChooseSantaFe.com Access the entire Santa Fe MLS, and view our exclusive Insider’s Guide!
10 VIA VECINO $1,150,000 The splendid Sangre de Cristo Mountains before you – a breathtaking setting for this superb young 3,704 sq ft Tesuque residence. The excellent great room with high beamed ceilings has a grand entertaining portal, and the 29-foot master includes a fireplace and private terrace. The light-filled center-island kitchen is equipped with high-end appliances, maple cabinetry, and a large dining portal. Featured are hardwood floors throughout, hand-troweled plaster walls, central A/C and heated 3-car garage. So close to town! MLS# 201103183
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11 ABIERTO WAY $725,000 Through the welcoming courtyard and dramatic glass galleria of this 2008 Tierra Concepts home, are extraordinary mountain vistas. A chic southwest contemporary aesthetic is evident with soaring beamed ceilings, pigmented plaster walls and a fantastic living/dining portal with fireplace opening to walled gardens. The open concept floor plan has a smashing great room accessing the sleek, upscale kitchen. The serene master features a lavish bath with striking stone-paved wall. Five-zone speaker system and refrigerated A/C. MLS# 201100580
231 Washington Avenue • 505.988.8088 4
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1110 OLD SANTA FE TRAIL $3,800,000 This sensational gated Eastside estate is a rarely found in-town sanctuary, with glorious views from its 3+ acres. The five bedroom home with guest apartment has elegant Territorial-style architecture and a wealth of refined detail and luxurious appointments. Featured are a private study plus family and media rooms, an exquisite master suite, and a fabulous eat-in kitchen with separate sitting area. The magnificent grounds include lush lawns and gardens, broad terraces, a marvelous dining gazebo, and spectacular koi ponds. Exceptional. MLS# 201105322
“I can’t tell you how much Bruce and I appreciate you and your efforts on our behalf. We do trust you totally! We came back sure about Santa Fe, and about you as our people to trust in our endeavor. Our home is totally a dream come true for us. Thank you for all that you do and stand for!” – Cassandra Welton www.sothebyshomes.com/santafe
954 SANTO NINO PLACE $1,395,000 Splendid Sangre de Cristo views from this stunning one level adobe north side home, just moments to downtown. Graced with southwest elegance, luxury and ease, it features a magnificent great room with 14' ceiling, a showcase kitchen, and an inviting family room. The master suite includes fireplace, luxurious bath and 23' closet. Impressive finishes throughout, separate guest wing, plus a terrific guest house/studio, and 4-car garaging! MLS# 201101820
326 Grant Avenue • 505.988.2533
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
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DARLENE STREIT GROUP
275 CIRCLE DRIVE $1,450,000 Amazing views over 100 miles to Colorado.The Badlands and the Sangres feel like you can reach out and touch them. Minutes to the center of town on fabulous Circle Drive. Approximately 4,800 sq ft on almost 4 acres with brand new high-end custom construction. Very light and bright 5 bedroom, 5 bathroom home with family room, cinema room, enormous 2-car garage, and fabulous walled entry. MLS# 905013
7 CAMINO OSITO $1,275,000 Pueblo-style home on 2.51 acres with views on a quiet cul-desac. Diamond plaster walls, gourmet kitchen, slate and wood floors, two master suites plus office/extra bedroom. Landscaping. Centrally located. MLS# 201104660
26 CAMINO SANADOR $1,075,000 Off Old Santa Fe Trail on almost 7 acres. Open kitchen, 4BR plus media room/fifth bedroom. Sunny open floor plan with fireplaces, high ceilings, privacy and views. 594 sq ft guest house, landscaping. MLS# 201104665
638 CAMINO DEL MONTE SOL $999,000 In traditional Santa Fe style, this 4BR, 3,600 sq ft adobe on the historic Eastside has a bricked entry portal, vigas and beams, wood floors and hand-carved doors, plus an English garden. MLS# 201005540
1046 ENCANTADO DRIVE $865,000 Large estate with guest house, city lights and Sandia Mountain views, private terrascaped grounds. Incredible gourmet kitchen, perfect for cooks and entertaining indoors and out. Sunroom great for plants.Very close to the center of town. MLS# 201103501
1265 CERRO GORDO ROAD $820,000 Eastside home with attached guest house, close to the Plaza and Canyon Road. Stone floors, hand-troweled plaster walls, vigas, and a steam shower. Wonderful outdoor living spaces surround this home. MLS# 201102866
KACHINA RIDGE SUBDIVISION STARTING AT $218,000 Great Value and Great Location. MLS# 201104095
124 CANTERA CIRCLE, #20 $169,000 Great building lot in the gated and secure Cantera Subdivision. Beautiful views and minutes to Canyon Road and the historic Santa Fe Plaza.You won’t find anything like it on the Northside. MLS# 201105408
www.sothebyshomes.com/santafe
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
505.920.8001 dstreit@dstreit.com
SantaFeRealEstateProperty.com SantaFeRealEstateScene.com SantaFeRealEstateExpert.com SantaFeLuxuryHomesAndLand.com
417 East Palace Avenue • 505.982.6207 H OME F EBRU ARY 2 01 2
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SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
7 AB COUNTY ROAD 119 S
$1,150,000
Art of LIVING T
his verdant private retreat offers an authentic Santa Fe lifestyle with privacy, views, comfort and luxury. Surrounded by century-old majestic trees, this elegant home combines an idyllic peacefulness with all the 21st century conveniences. A truly exceptional country estate on 1.85 acres with amazing Sangre views. The grounds were professionally landscaped and include a lush green meadow, fruit trees and lovely flower gardens. There are acequia irrigation rights that will convey with the property. Additionally there is a charming guest house with a full kitchen.
Fine properties to suit your Santa Fe lifestyle
204 PLAZA MONTANA $560,000 Lovely home with views of Sun and Moon Mountain. Spacious kitchen with granite countertops, stainless steel appliances and walk-in pantry. Features a separate dining area, gas fireplace in living room, vigas, and 2-car garage. Beautifully landscaped with an entertaining portal and fenced backyard. MLS# 201005915
20 TECOLOTE CIRCLE $1,050,000 This exceptional Las Campanas home was built by one of Santa Feʼs most prestigious builders, Doug McDowell. The property consists of a 2BR main house and an attached 1BR guest suite. Lovingly maintained in pristine condition. Spacious portal with a fireplace overlooks the gardens and mountain views. Just under 1/2 an acre. MLS# 201005687
7124 SERENO LOOP $335,000 This exceptional home is located on a quiet and gorgeously situated cul-de-sac. Built in 2005, and loaded with upgrades, this 2BR, 2BA home with 2-car garage offers a separate office/3rd bedroom. Beautiful unobstructed views and surrounded by rolling hills, natural green space and walking trails. MLS# 201103997
For your new and evolving Santa Fe lifestyle, trust the Santa Fe Team to find your ideal property. Amid natureʼs splendor – Culture, Tradition, Community – savor the Art of Living!
Santa Fe Team w w w. s a n t a f e t e a m . c o m
Jennifer Gallagher, 505.660.8793 • Moo Thorpe, 505.780.0310 • Chris Haynes, 505.660.6121 326 Grant Avenue • 505.988.2533 6 F E B R U ARY 2 0 12 HO M E
BLACK CYAN MAGENTA YELLOW
www.sothebyshomes.com/santafe
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach
MARION SKUBI GROUP W NE
NG TI S LI
STONEGATE CIRCLE $1,350,000
Superbly designed 4,000+ sq ft custom home by the renowned design/build team of Rad Acton and Kim Dressel. Located on 2.1 high desert acres with Sangre de Cristo and Jemez Mountain views, this impeccably appointed 3BR, 3BA home offers the elegant sophistication of formal living/dining/butler’s pantry with the casualness of an open gourmet kitchen/informal dining/family room and separate master and guest suite. MLS# 201105744
Marion Skubi
ABR, CRB, CRS 505.660.8722 Marion@MarionSkubi.com
Johnnie Gillespie
Partner, Marion Skubi Group 505.690.1909 Johnnie@JohnnieGillespie.com
Aleka Moore
Operations Manager, Marion Skubi Group 505.954.0732 Aleka@MarionSkubi.com
MarionSkubi.com 326 Grant Avenue • 505.988.2533 8 F E B R U ARY 2 0 12 HO M E
BLACK CYAN MAGENTA YELLOW
www.sothebyshomes.com/santafe
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
SANTA FE’S MARKET LEADER We are Local Experts with a Global Reach SOPHISTICATED CONDOMINIUM
EXCEPTIONAL DOWNTOWN BUILDING
Minutes to the Plaza, in prestigious 1200 East, opportunity knocks! Clean lines and bright, open spaces make this custom built condo a rare find! Large rooms with high ceilings and beautifully landscaped outdoor spaces! Three BR, great master suite, cheerful eat-in kitchen, garage, and storage. $725,000
Currently an art gallery, or would be perfect for offices, a shop, or a restaurant. High ceilings, great floors, great light and ambiance. Very stylish and in fabulous condition. Unbelievable high visibility location between the Plaza and Railyard. NOW $529,000
ONE-OF-A-KIND VILLA
Magnificent 360˚ views from this unique villa. The 6,130 sq ft home is poised on 1.3 private, wooded acres on a hill minutes to the Plaza. Antique doors, diamond finished plaster, high ceilings with coves, vigas, corbels, and beams. Hand-carved stone windows. Five fireplaces, skylights and a comfortable floorplan. Owner is a NM Real Estate Broker. $1,995,000
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HANSEL & GRETEL’S HIDEAWAY
A romantic old adobe garden cottage, nestled on a wooded hillside, in the heart of the historic district. Built about 1900 with 1 large and 1 small BR/study looking out on gardens, with 2BA. An easy stroll to the Plaza, and Canyon Road. Features Rustic adobe bancos, 3 fireplaces, beamed and clerestory ceilings, brick and wood floors. $650,000
Ashley Margetson CRS, GRI 98 4. 5 18 6 Cel l : 9 20 . 2 30 0 ashley.margetson@sothebyshomes.com santaferealestatelady.com
RANCHITO SANTUARIO
SANTA FE’S FINEST B&B
Expanses of open views in every direction yet total serene privacy. Wonderful floorplan with 3 bedrooms. Several living spaces, with panoramic views. High, pitched ceilings, stained concrete and marble floors, fun open concept kitchen. Outdoor living spaces look over Galisteo Basin. Stunning pool environment. $780,000
A historic adobe in perfect location downtown, 3 blocks to the Plaza. 18 guest rooms with stylish baths, plus live-in manager’s suite. Charming breakfast great room; elegant, comfortable public spaces, patios and deck. Character, ambiance, and Santa Fe style! Parking. Established perennial landscaping. $2,695,000
FAMILY LODGE
A sprawling lodge on 5 scenic acres with multiple wings for a variety of uses! Great plaster main living room with standing dead growth timber vigas and Italian chef's kitchen; privacy, landscaping and views from all windows; a wing with 3BR, 2BA and guest powder room; a wing with master suite; and separate guest suite. $769,000
Simplif y Your S earch • S A N TA F E B E AU T I F U L H O M E S . C O M
ALAN AND ANNE VORENBERG 505.954.5515 888.257.6750 Toll Free Alan.Vorenberg@SothebysHomes.com Anne.Vorenberg@SothebysHomes.com
Serving New Mexico in Business ~ A Family Tradition since 1892
SantaFeBeautifulHomes.com 326 Grant Avenue • 505.988.2533
www.sothebyshomes.com/santafe
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
231 Washington Avenue • 505.988.8088 H OME F EBRU ARY 2 01 2
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We are Local Experts with a Global Reach
NEIL LYON GROUP NEIL LYON, CRB, CRS, GRI
DIRECT: 954.5505 CELL: 660.8600
EVELYN SPIKER, CRS, GREEN, RSPS DIRECT: 954.5556 CELL: 930.0999
VANESSA RIOS Y VALLES
DIRECT: 954.5522 CELL: 231.3708
LA TIERRA W NE
22 NORTH VUELTA HERRADURA 4BR main house, 2BR guest house, exercise studio and horse facilities on 11+ acres only 15 minutes from downtown Santa Fe. This exceptional compound property was beautifully conceived by Archaeo Architects and built by Clemens Construction. #201105652 $1,995,000
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4 EAST GOLDEN EAGLE ROAD A beautiful and dramatic residence in Las Campanas featuring 3BR, 4BA plus an office/study. The great room harmoniously combines living, dining, family and kitchen areas all perfectly situated to take advantage of the mountain and sunset views. #201105362 $1,150,000
LAS CAMPANAS
10 BLUESKY CIRCLE Built by award-winning builder Tierra Concepts, this gorgeous residence has been thoughtfully sited on 1.65 acres making the most of the expansive western views. The 3,990 square foot, 3 bedroom main house includes a fabulous office/media room. #201103846 $1,097,000 18 CALLE NOBLE Absolutely stunning views from this incredible property in prestigious Los Caminitos. This rare compound built by John Wolf includes a gorgeous main house, a guest house, studio, office and caretaker’s casita all on 5.61 acres. #201103798 $2,975,000
10Bluesky.com
NEAR ST. JOHN’S COLLEGE
2558 ATALAYA HILL TRAIL 3BR, 3 1/2BA adobe on 5.9 acres near the national forest. Designed by John Midyette featuring high-beamed ceilings, plaster walls, portal with fireplace, a flagstone terrace and panoramic views. #201002950 $995,000 11 SONRISA COURT 3BR on 2.87 acres. Built in 2001 by Zachary Shultz featuring a spacious master bedroom with a fabulous bath. Gorgeous views of both the Sangre de Cristo and Jemez Mountains. Kitchen with eat-in area and access to a dining patio. #201104016 $599,000
2558AtalayaHill.com
SIERRA DEL NORTE
1023 SIERRA DEL NORTE Immaculate 3BR residence plus two office spaces in prestigious Sierra del Norte. The excellent floor plan includes a private master suite, a two suite guest wing with separate entrance, and great office space in the main house and separate building. #201103420 $1,400,000
1023SierradelNorte.com 326 505.988.2533 10 Grant F E BRAvenue U A RY 2 01 2• HO ME
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1776 FORT UNION DRIVE Two BR adobe main house and a 1BR unfinished adobe guest house. Located in the Museum Hill District with south facing views. Main house features an open floor plan and has been completely renovated. #904245 $585,000 www.neillyon.com
LOS CAMINITOS
18CalleNoble.com
SONRISA
11Sonrisa.com
MUSEUM HILL
1776FortUnion.com www.sothebyshomes.com/santafe
Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark.
Emily Ivette Garcia
Excellence, with a touch of grace...
CRS, Real Estate Broker
2011 Sold
Adobe Dream, Land & Views 86 Leaping Powder MLS# 201200237 $575,000
Graceful Model Home 4161 Big Sky Road MLS# 201105785 $375,000
1153 EAST ALAMEDA 469 CIRCLE DRIVE 23 VISTA DEL CERRO 3 DESERT RAIN 1474 LA LOMA VISTA 404 CALLE KOKOPELLI 777 PASEO CRESTA 4 PASEO DEL VENADO 6 FAUBION LANE 144 GONZALES, #1 19 ANTIQUA ROAD 216 ANITA PLACE 216 ANITA PLACE 4211 NEW MOON CIRCLE 2403 MACLOVIA CIRCLE 61 SHORECLIFF 4316 WHISTLING MOON 6388 JAGUAR DRIVE 544 AGUA FRIA STREET, RAAGA 112 LA VEREDA
Under Contract/Pending $1,000,000 $985,000 $950,000 $849,000 $849,000 $800,000 $649,900 $599,900 $549,000 $545,000 $494,000 $495,000 $495,000 $398,000 $325,000 $325,000 $199,500 $170,000 COMMERCIAL $900,000
S S L S S L S S S L S L S S L L S L L
Let’s make your real estate goals a success in 2012!
64 RANCHO SAN JUAN 64 RANCHO SAN JUAN 1121 NORTH PLATA CIRCLE 610 AGUA FRIA, #D 4333 PASEO DE LA ACEQUIA
$875,000 $875,000 $575,000 $359,900 $179,900
L S L S S
S = Selling, L = Listing
505.955.7963 505.699.6644 emily@emilygarcia.com
231 Washington Avenue • 505.988.8088 Operated by Sotheby’s International Realty, Inc. Sotheby’s International Realty® is a registered trademark. H OME F EBR UARY 2 0 12
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APPLE OF ALDEA
TUSCANY MEETS SANTA FE
LIGHT HOUSE
With a open floor plan centered around a great room graced with kiva fireplace, plaster walls, tile flooring, tall ceilings with vigas and wet bar with temperaturecontrolled wine storage, this free-standing singlelevel 3BR, 2.5BA, 2,579 sq ft Aldea home opens out to a portal with kiva and views to the Jemez. Terrific eat-in kitchen features stainless SubZero and Wolf appliances. MLS 201105184
Sundance Estates – Sited to embrace Sangre views, the grand living room with commanding fireplace and wall of windows opens to a circular dining room with beamed ceiling and sumptuous kitchen. With a 3BR, 3.5BA main house and attached studio guest quarters, there is a cinematic beauty and scale and wonderful finishes including wrought iron flourishes & Faswall construction. MLS 201102288
HISTORIC CANYON ROAD
Sierra Del Norte – The luminous collaboration of architect Greg Teakle and builder Fred Klein, gently perched in the landscape to embrace views south & west, stands a testament to how outstanding design, attention to detail & thoughtful outdoor spaces can merge to create a stunning environment. 3BR, 2.5BA, 3,234 heated sq ft, minutes from town. It speaks to the clarity of contemporary design.
In the heart of it all this remodeled 2BR, 2BA home with 2nd floor den and view deck shines. The entry courtyard transports you to a lush world with rocked path, wildly wonderful plantings and kiva. A grand living room with handsome fireplace overlooks the garden. Master and 2nd bedroom are both on the main level along with an outstanding kitchen and den/dining room. MLS 201102871
NOW OFFERED AT $489,000
OFFERED AT $1,090,000
OFFERED AT $1,295,000
OFFERED AT $949,000
H O M E
T E A M
DAVID ROSEN:
505•470•9383
S A N TA
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CHRISTOPHER ROCCA: 505•490•2999
Visit Our Portfolio of Outstanding Homes & HomeSites at
w w w . H o m e Te a m S a n t a F e . c o m
w w w. T h i n k S a n t a F e . c o m
Tune in Every Sunday at Noon on Talk 1260 KTRC-AM
“All Things Real Estate” Radio Show Hosted by Rey Post,Associate Broker, Sotheby’s International Realty Also listen on ATREradio.com (at “1260 KTRC Live Streaming Audio” button)
WHAT PEOPLE ARE SAYING ABOUT THE SHOW: “The remote broadcast we staged in Las Campanas in 2011 produced some very positive results with buyers.” Anne & Alan Vorenberg,Associate Brokers, Sotheby’s International Realty “The radio show is a great source of real estate news and information and I value the opportunity each week to offer commentary on mortgage matters to home buyers and sellers.” Ron Blessey, Broker/Owner, Home Buyers Mortgage “We listened to the program via the Internet...what a fabulous show!” Carmen Lanza, New York, New York “Insurance is an important necessity for any condominium or home owner and the radio show provides me with a terrific platform to talk to consumers about their options.” Vince Marciano, Marketing Manager, the SAX Insurance Agency
For more information contact Rey Post: 505.989.8900, rey.post@sothebyshomes.com. 2011 Santa Fe Chamber of Commerce Business Excellence Award Nominee 326 Grant Avenue • 505.988.2533 12
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OutandAbout
Roses are red, art pots are clay, here are a few tips for Valentine’s Day Darlings, Looking for a Valentine’s gift for your favorite doll baby next week? Lucky for you, I have some wonderful ideas, and these gifts go beyond the traditional box of chocolate. My gift ideas are for the romantic, the well-read, the generous of heart. Gracious, Cream Puffs, who isn’t all that? Please don’t admit to it if that’s not the case. For an evening turning into a romantic all-nighter, book a night at the Lavender Sunsets Casitas on Gomez Road, just off Paseo at Cerrillos Rd. Have Fred (Artichokes and Pomegranates) deliver the roses, Patti (Santa Fe Baskets) deliver the “Southwest Munchies” basket (okay, it includes chocolates), and all you bring is your favorite wine, your favorite sweetheart, and your toothbrush. Tell Linda, the proprietor, that you read
Elizabeth Springer, another talented Realtor becomes a talented Writer
But maybe your sweetheart would rather read than drink champagne. What? Crazy, but if that’s the case, get a Kindle for her (a great gift always in season) and download recovering Realtor Elizabeth Springer’s first novel, The Cat’s Dowry (A Jaguar Tale). It’s a Mayan mystery that becomes a modern-day treasure hunt to find the map marking the location of a legendary tomb. The story features Santa Fe’s almostarchaeologist, sleuth, and intriguing Lavender Sunsets: great location + great accommodations = great time young woman possessing strange about her casitas in my column, she’ll powers, Cali Cleary, and her group of have a bottle of champagne chilled and uniquely talented friends as they risk waiting for you. My only admonition their lives traveling into the jungles of is to hold onto your hearts: Lavender Colombia and Guatemala to unlock the Sunsets is such a romantic in-town spot, ancient secrets of the cult of the jaguar. you may fall hopelessly in love. But isn’t Cupcakes, it has all the elements of that the purpose of Valentine’s Day, after intrigue, betrayal, suspense, and surprise all, Chocolate Drops?
that an adventure novel needs to keep you turning the pages. And a little romance, too, naturally. Then again, you just might want to do something bigger than yourself and contribute to the Centennial Children’s Legacy Fund in honor of your valentine. The year 2012 celebrates New Mexico’s 100 years of statehood, and Lisa Barker (Barker Realty) kicked off the year with the
Lisa and David Barker, dressed to the nines for the Grand Centennial Ball
OAKLEY TALBOTT
legacy, the children of New Mexico. Speaking of Barker Realty, an interesting phenomenon has taken place there. Warren Sacks has finally lost his status (?) as the youngest baby face in the office. Jake Smith, 27, (formerly with RE/MAX in Los Alamos, and formerly marketing director for British fashion designer Ted Baker in San Francisco, and currently co-owner of the Hill Diner in Los Alamos) has joined the firm. A fourth-generation Los Alamos native (his great-grandparents took over the general store from the Army in 1947), he joined Barker to be with his two best friends, Warren, 28, and Lynne Wigley, 29. All under 30... so saddle up, folks, our new Young Guns have joined forces. So long, Sweetpeas Until next time... Oakley (Oakley can be reached at merrilypierson.com.)
Grand Centennial Ball held last month on Statehood Day, Jan. 6. As chairwoman of this event, Lisa put together a lavish black-tie gala for about 800 enthusiastic Santa Feans who paid $250 a ticket, knowing that the proceeds from the ball will be going to the legacy fund. Valentine’s Day is another perfect day in this celebratory year to give to our most important
Jake, Lynne, and Warren. Gitty Up
HOME FEBRUARY 2012
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Mortgagematters
Are stated-income loans returning? Many of us remember how pleasant “stated income” loans were. Approximately five years ago these were considered the norm. No tax returns were required and fast approvals were expected. But in recent years, only fully documented loans have been available and the loan-approval process became arduous. Well, welcome back to the good ol’ days. A Freddie Mac “stated-income” program has jumped back on the mortgage scene. As you might guess, any program, old or new, from Freddie Mac has its rules and regs. The new loans are for refinances only and the existing loan to be refinanced must be owned by Freddie Mac. The HARP program, as it is called - Home Affordable Refinance Program
- must be a current Freddie loan (below $417,000). In addition, there are many administrative hoops to jump through. But, for future refinances that qualify, this is good news. Could Fannie Mae be next? The projection is that Fannie Mae will soon offer a similar program. Ask a knowledgeable mortgage-loan officer about this new program to find out if your current loan meets the standards. Homeowners who have been current on their mortgages (primary residence only) and who have good credit scores may qualify for these new programs with much less paperwork and in some cases no appraisal. I predict that more lenders, with the concurrence of Fannie and
Building permits Building permits issued by the CITY OF SANTA FE in the month of December included the following:
Centex Construction, 3824 Montana Verde Rd. $202,272. — 3832 Montana Verde Rd. $225,714. — 3834 Montana Verde Rd. $274,412. — 3842 Montana Verde Rd. $279,165.
— 4212 Plaza Sonata. $254,557. Rudy Rodriguez, 701-A Los Lovatos Rd. $600,000. Santa Fe Habitat for Humanity, 7292 Ave. El Nido. $170,000. — 7294 Ave. El Nido. $140,000. — 7296 Ave. El Nido. $140,000. — 7298 Ave. El Nido.
Freddie, will in the future institute stated loans that are based on common sense. Borrowers with 30 percent or more equity and large investment portfolios will be welcome for stated income loans. Rules of excessive documentation will soften and homeowners will not be required to explain every deposit in the account. Yes, all of this could be a change in direction for the mortgage world. For many months and even years, most borrowers have been very qualified but burdened with excessive paperwork to prove their qualification. The future is bright in the mortgage world. Interest rates will continue at favorably low levels and a gradual lessening of documentation requirements will speed the loan process.
$160,000. Homewise Inc., 7200 Rio del Luna. $202,000. — 7201 Rio del Luna. $188,000. — 7208 Rio del Luna. $124,000.
JIM GAY
Jim Gay was a real-estate broker for 20 years and has been a consultant to Fortune 500 companies. He is currently a broker/owner with Home Buyers Mortgage (986-9080) and can be reached at jim@jimgayhomemortgage.com.
SANTA FE COUNTY building permits issued from midDecember to mid-January included the following:
Debbie Corazzi, 100 Rabbit Rd. $317,309. Braxton/Jenkins, 7507 Old Santa Fe Tr. $250,000. E.J. Jennings, 50 Tano Alto. $200,000. John Boubelik, 11 Wagon Tr. $220,000.
Recent Home & Land Sales Sales data for the period Dec. 19-Jan. 18 from Santa Fe Association of Realtors MLS reports. Not all sales are reported.
Homes $25,000 $60,000 $132,500 $134,000
$136,500 $149,900 $150,019 $155,000 $165,000
$165,000 $185,000 $189,000 $191,000 $191,600
Homes $429,000 $435,000 $467,000 $470,000
$200,000 $209,990 $222,000 $233,200 $235,000
$260,000 $275,000 $280,000 $330,000 $400,000
$499,000 $625,000 $655,000 $745,425 $750,000
$415,000 Land (None)
Homes $259,000 $575,000
Land $94,500 $160,000
Homes $95,000 $159,000 $249,000 $420,650 $530,000
$540,000 $811,000
Manolo Victor, 27 Penny Ln. $249,000. Univest Rancho Viejo, 126 Rancho Viejo Blvd. $112,839. — 154 Rancho Viejo Blvd. $107,155. Robert Cushman, 1539 N.M. 344. $300,000. Cara Levick & Paul Groetzinger, 24 Cresta Pequena. $250,000.
Homes $100,000 $145,000 $230,000 $286,000 $305,500
Land $80,000
Homes $28,000 $67,900 $68,900 $80,000 $153,500 $201,000 $203,000
$545,000 $820,000 Land $170,000 $225,000
$375,000 $525,000 $575,000 $650,000 $700,000 $850,000
$345,075 $393,000 $415,000 $435,000 $463,650 $480,000 $540,000 $700,000
$900,000 $1,125,000 $3,150,000 Land $1.3 million
$745,000 $757,500 $825,000 $1,045,000 $1,050,000 $1,450,000 Land (None)
county
Homes $130,000 $130,000 $160,000
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$197,500 $245,042 $275,000
Land $58,500
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Homes $215,000
$240,000 $242,000
$256,000 $265,000
$326,000 $355,000
$380,000 $415,000
Land (None)
Homes $189,000 $397,500 $428,000 $510,000
$550,000 $667,435 Land (None)
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Market: a ‘long and slow recuperation’
$900K
450
$525K $150K
450
$525K
250
650
250
50
50 2011
2009
2007
2005
2003
2011
2009
2007
2005
$150K
CITY NORTHWEST
$900K
650
CITY NORTHEAST
$900K
450
$525K
250 $150K
650 450
$525K
250
50 2011
2009
2007
2005
2003
$150K
50 2011
2009
2007
2005
2003
homes sold
a Sant
CITY SOUTHEAST
r
ive Fe R
$900K
CITY SOUTHWEST
50 2011
2009
250 $150K
250 $150K 2007
450
$525K
450
$525K
2005
650
650
2003
$900K
50 2011
2009
2007
2005
2003
COUNTY SOUTHEAST
$900K
5
I-2
$150K
50 2011
2009
REALTORS
2011
OF
2009
SANTA FE ASSOCIATION
50 2007
2011
2009
BASED ON DATA FROM THE
250 $150K 2005
50
450
$525K
2003
250 $150K
650
2007
450
$525K
250
ELDORADO
2005
650
450
2003
$900K
650
$525K $900K
COUNTY SOUTHWEST
2007
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COUNTY NORTH
650
2003
median price
2005
FEBRUARY 2012 HOME
$900K
KEY TO GRAPHS
GRAPHS
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during 2011. In Eldorado at Santa Fe, where Barker Realty opened an office nearly 18 months ago, business is doing better than in most areas. Eldorado is a limited market, since the subdivision was built-out several years ago, and it boasts a wide demographic in its homeowners. “The traditional house 10 to 15 years old will only be on the market for one month. It is the community, a great reputation, the school, and just the values,” she said. “I bet if I pulled up what we have in Eldorado this minute, you would see a very short absorption rate. “We saw the second consecutive year with an increase in residential sales in Santa Fe County. Overall it was an increase of just under 5 percent,” Lindstrom said.
COUNTY NORTHWEST
Recent trends in sales, prices
2003
hese are strange times, when Realtors have a special term for what has always plainly been known as a “seller.” In a conversation about foreclosures and short sales in today’s real-estate market, Kristina Lindstrom, said, “They do affect equity sellers, those who are not upsidedown, who have owned their houses for a while and didn’t used their house as an ATM card. It affects their value because they’re competing with the short sale and the foreclosure.” Lindstrom, a longtime agent at Barker Realty, said there were a little under 200 foreclosure sales in 2010 in the Santa Fe MLS, which was about 15 percent of the market. And there were 55 short sales, so “distressed sales” accounted for about 20 percent of the local market. Last year, the number of short sales rose to 96 and foreclosures were up to 17 percent of all sales in the Santa Fe area. “I am not doing foreclosures myself,” Lindstrom said. “I start out with short sales, but my clients don’t end up closing. There are so many factors with the lenders and banks. At the end, it’s all about the value. A lot of the foreclosures and short sales need work to put them back together, because they’ve been stripped and many have gone unattended for so long.” The typical candidate for a distressed sale may be priced lower, but what it needs may add up to more trouble and cost than a regular listing. “With the inspection, you look at what it would take to get it back in condition. It is better to look at a house that has been consistently maintained because once you see you need a new furnace and roof, most people do not have that much cash after the down payment.” Foreclosures, she said, can take twice as long to sell as the average house on the market. The Barker Realty newsletter talks about the 2011 realestate market in terms of “the good, the bad, and the ugly.” The bad, besides dealing with competition from bankowned properties, has to do with the fact that lending standards have gotten so rigid, even for good, qualified buyers, Lindstrom said. Banks may say there is plenty of lending money, but it’s much more difficult for people to qualify, to demonstrate that they have financial stability. On the other hand, mortgage interest rates are still at historic lows. The rates on fixed-rate loans are so low that adjustable-rate mortgages (ARMs) — which typically start at a lower-than-fixed rate, then adjust up after a few years — aren’t even being used much right now. “Disturbed sales pushed business down, which was hard on equity sellers and also the Jemez fires put a big crimp in our market last year,” she said. “It brought our business to a standstill in July. Some people had to leave because of the smoke and it just made the whole summer depressed a little bit. “Since the summer, though, we saw a steady increase in positive signs, positive gains. We are lower in
inventory by more than 20 percent. In fact, we will have, and we’re already seeing, a shortage of housing. When NAR economist Lawrence Yun was here [speaking at the Santa Fe Community Convention Center], he gave us an incredibly well-presented picture of the future. It was quite sobering, hearing about the tremendous shortage of housing that we will have, perhaps even worse than after World War II.” In Santa Fe, the inventory of homes on the market, especially newly constructed homes and homes of a certain size or in certain geographic areas, already has dried up. Lindstrom noted that the upper-end market has been quite strong; there was an increase in sales above $1 million
St. Francis Drive
T
By Paul Weideman
WaterenergyNexus
Water: how we can save even more Water conservation is the easiest and most direct way to save water, although not the only way. Santa Feans can be proud that our city is already one of the most water-miserly communities in the United States, using just over 100 gallons per day per person. This is directly attributable to our water awareness and conservation efforts. But there are ways we can conserve even more water by reducing our indirect water use. This is the amount of fresh water we consume indirectly through all the goods we buy, and it is the basis of a new tool called “water footprint.” Regardless if you want to save water or not, knowing the water consumed during the production of various products is fun and makes for some interesting dinner conservation. Yes, I have brought this up at dinner parties. For individuals, knowing the water footprints of the products we buy helps us make more informed choices as consumers. Every product, whether for
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manufacture or growing, requires water. Just like the yellow energy sticker on appliances, the water footprint enables us all to make more informed decisions. According to recent studies, only 5 percent of individual water consumption is direct; 95 percent is hidden or indirect. Some examples: 338 gallons to produce a 3-ounce steak 88 gals. for three ounces of chicken 55 gals. to produce a cup of java 18 gals.to grow one apple 44 gals. for one glass of orange juice 13 gals. to produce one gallon of gas 2,900 gals. to make a pair of jeans 713 gals. to make a T-shirt The message is not to quit eating beef, stop drinking OJ and quit wearing jeans, though some of us may make those choices in part because of water-footprint concerns. But we can easily choose grassfed, rather than grain-fed; we can choose recycled-material jeans over new jeans, chicken over beef, local beef over beef shipped in from hundreds of miles away,
FEBRUARY 2012 HOME
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or buying a fresh, local apple over having a glass of reconstituted orange juice. With these informed decisions, we can significantly reduce our water footprint. The National Geographic Water Footprint Calculator (environment. nationalgeographic.com/environment/ freshwater/water-footprint-calculator) is one of the easiest and fun tools I have found to measure one’s water footprint. It takes just a few minutes and provides you an estimated total of your water consumption and rank against the average American. It is not a perfect tool (it calculated negative water use for me in one category) but it was fun to see how I compared. The calculation should be taken as an approximation of how one’s choices consume water. Maybe eventually we will have a Water Label on our products. After all, water is one of our most precious and life-giving resources. The average American lifestyle consumes nearly 2,000 gallons of water a
DOUG PUSHARD
day (directly and indirectly) - one of the highest rates in the world. I found out how much I use and where I can save. How much do you use? Doug Pushard, the founder of the website www.HarvestH2o.com, has designed and installed residential rainwater systems for 12 years. A member of Santa Fe Water Conservation Committee and a board member of the American Rainwater Catchment Systems Association, he can be reached at Doug@ HarvestH2o.com.
738 Camino mirada – Lovely 3 Bedroom / 3 Bath condominium in Los Miradores on Santa Fe’s Eastside. The light and bright unit looks onto an enclosed patio with colorful plantings. The unit features a gracious living room, formal dining room, spacious kitchen and a two-car garage. Los Miradores offers an on-site manager, swimming pool, tennis court, workout room and beautifully maintained grounds. Adjacent to walking trails and Saint John’s College and just a short distance to galleries and restaurants on Canyon Road. Ideal as a primary residence or second home. MLS# 201101240 $699,000 Clara L. dougherty, 690-0471
tel:
505.989.774 1
•
3101 oLd PeCos TraiL #916 This 4 B / 4 B unit at Quail Run is located on the 8th fairway and one of the few free-standing units. It offers 2 master suites, and a den/office or 3rd bedroom on the ground level as well as a bedroom on the upper level that offers ski basin views from the adjoining deck. There are 2 fireplaces, one in the living room and one in the master bedroom. Extensive murals give the home a Tuscan feel. Amenities include: golf, tennis courts, workout facilities, walking path and dining facilities. Grounds maintenance and maid service is available. MLS #201200223 $995,000 Warren Thompson, 989-7741
www.dresf.com
A Full Service Real Estate Brokerage
Coldwell Banker Trails West Realty, Ltd. A Trusted Name - Across Town and Around The World
3325 Monte Sereno Lot 72 YES!! This could be the view from your new home in Monte Sereno! One of the most expansive views in the subdivision! Lots of pinons and junipers. Underground utilities. #201001764 $349,900 Suzanne Field Kelly 505.983.0315
63 West Golden Eagle Road (Lot 401) Beautiful lot with expansive sunrise views. Sixth fairway looks right up to the Sangre de Cristo Mountains! 1.5± acres, large building envelope. Room for guest house. Easy access. #201104738 $239,000 John E. Grover 505.690.8100 Rachel Rosebery 505.570.9365
Highway 41 Galisteo 7.35± acres near Village of Galisteo next to 8.09± acres also for sale. Close to county road, power and electric. Views of mountains, Galisteo Basin. Great horse property. #201105171 $230,000 Mindy DeMott 505.501.2706
Sanchez Parcel B, Forest Rd 124 Borders National Forest. Water rights. Electric, hunting, creeks, ponds, views, private setting. Cabin could be re-built. 1.5 miles from highway. This lot 12+ acres. See MLS#201200146/#201200135 for lots totaling 155± acres. $129,000 #201200142 Ted Rivera 470-9729 • Spence Ralston 231-1528
15 Red Tail Ridge Beautiful 1.18± acre lot ready for your dream home. Located in a gated subdivision in a picturesque setting with underground utilities. #201006240 $105,000 Belinda Young 505.603.3688
28-A El Alto Rio En Medio 1.2± acre lot with views, trees and all utilities! Close to downtown Santa Fe Plaza. Build your new home and enjoy the quiet! #201100056 $82,900 Sherie Stiver Zinn 505.930.4105
ColdwellBankerSantaFe.com
ColdwellBankerPreviews.com
2000 Old Pecos Trail Santa Fe, NM
505.988.7285 800.775.5550
youtube.com/ColdwellBanker HO ME FEBR UARY 2 0 1 2
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SpousessellingHouses Barker Realty Welcomes DeAnne Ottaway
Jake Smith
Mobile: (505) 690.4611
Mobile: (505) 795.1062
Email: deanneottaway@yahoo.com
Email: jsmith@brisf.com
Fax: (505) 455.8741
Fax: (505) 455.8742
982.9836 | 1.800.586.1032 | 530 S. Guadalupe Street (historic railyard) | Santa Fe, NM 87501
D E C U NG D E R RICI P
Live the Resort Lifestyle... The Hills and Villas
at Bishop’s Lodge
Free-standing Villa and Custom Home Lots with Stunning Views • One 2 bedroom, 2 bath Villa, 1,730 sq. ft. at $595,000 NEW PRICE $560,000 • Five spectacular custom lots, 1+ acre, from $168,000 $142,800 Exclusively represented by
Call Steve Flance for information 505-690-5838
THE FLANCE COMPANY Stephen R. Flance Qualifying Broker and Owner 505-988-9891 • 800-409-2494 www.bishopslodgehills.com
All information contained herein is deemed reliable, but no representations or warranties are made as to the accuracy of the information. Availability is subject to sale or withdrawal without prior notice. Plans, specifications and prices are subject to change without prior notice. An owner is a licensed New Mexico real estate broker.
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FEBRUARY 2012 HOME
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Year 2011 in review In December, we were fortunate to have Dr. Lawrence Yun, chief economic advisor for the National Association of Realtors, give a presentation of the housing market and his forecast for the future. Most of what he presented was a study of extremes: never before has home ownership been more affordable yet pending home sales have not picked up; home prices across the nation have been stabilized for two years yet most believe that values are still falling; interest rates are at unprecedented lows and yet a conventional mortgage has never been more difficult to obtain. In a phrase coined by a silly Saturday Night Live skit we ask, “What’s up with that?” New housing starts are at a 40-year low and new construction inventory levels are at the lowest since 1963. The trend for multifamily housing is on the rise and it’s common for college graduates burdened by student loans to move back home. Consider the consumer price index, which has increased 160 percent in the last 30 years and includes a 150 percent increase in the cost of food and a 700 percent increase in the cost of college tuition. Conversely, mortgages have only increased 17 percent in that same 30-year period due to the difference in interest rates available now versus then while rents have increased 200 percent. It is no wonder that investors are turning back to real estate as a viable commodity to place their cash. In Santa Fe, the final fourth quarter did see continued improvement overall in our housing industry. Most notably, new listings have gone done from 3,194 homes for sale at the end of 2010 to 2,604 in 2011. Pending sales were down 9 percent from the previous quarter but year-to-date closed sales did see a modest increase of 2.4 percent over last year. The percent of original list price a seller can expect to receive has fallen slightly to 87.9 percent while the days on market improved slightly to 243 days. The median sales price has fallen to $320,443 down almost $10,000 from the previous year; however, the month’s supply of homes is down almost 24 percent to 15 months. The median sales price continued to decline in all areas of Santa Fe but two: the
MELISSA PIPPIN-CARSON ROGER CARSON
Northwest quadrant had an increase of almost 20 percent over 2010 for a median price of $627,500. The city Southeast north which includes the Railyard and South Capital saw an increase of 11 percent with the median price here at $579,000. Hard hit areas include Tesuque and Pojoaque whose prices have declined 42 percent from 2010 but sales here did increase 120 percent. Most areas did see gains in the total amount of sales for 2011. The one exception was the Southwest County including Rancho Viejo and the Community College district out to La Cienega and Highway 14 which saw a decline of 20 percent of total sales for the year. For land sales it was a yet another tough year with a total of 35 lots reported sold with the average lot price at $125,000 up from the previous year’s average of $110,000. So what is going to change for 2012? There are many signs that our economy is improving but we believe it is up to us to continue to pressure our government and financial institutions to put forth the initiatives that will bring further improvement. And while they are doing that it is incumbent upon us to keep our own sense of hope and optimism alive. The missing piece of the puzzle is consumer confidence so keep sight that our economy is improving slowly everyday and our continued appreciation of that can be contagious. Together we can make 2012 a confident year! Roger Carson and Melissa Pippin Carson are Realtors Carson & Carson at Keller Williams. Call them at 505-699-3112 or email them at twicethesellingpower@gmail.com.
OurwaterQuality
Messages from water-quality overview “Purchase and use a drinking water system no matter where you buy it locally.” This response just automatically came to mind when asked, after a water-quality overview, what single message I would like the listener to take away. For residents on a chlorinated municipal or community water system, adding a drinking water system should rival acquiring carbon filtration for whole-house chlorine removal. Chlorination of public-water supplies has greatly improved public health, but microbiological control is intended for water-conveyance systems and certainly not for water taste or for our bathing pleasure. When asked if our municipal water is safe, I have a standard reply: “Yes, it is EPAcompliant on an annualized basis, by law.” But is it contaminant-free water? No, but any contaminants present are below the EPA’s primary drinking-water standards. What about water from the Rio Grande, via the new Buckman Direct Diversion (BDD) project? Yes, it is EPA-compliant. You will have to be the judge of how much, if any, additional filtration you desire. BDD water is filtered to 0.1 microns and reverse-osmosis (RO) water is filtered to 0.0001microns. (A micron is one millionth of a meter.) At the very mention of reverse osmosis, here’s what frequently comes to mind for many: wasting water, stripping the water of its nutrients, and producing corrosive water. Additional water is required to produce good water. I have always found it curious that RO systems are said to “waste” water, yet the term is never applied to our dishwashers and washing machines. Water used in all these processes is not consumed in the same sense as a fossil fuel, but rather is returned to the hydrologic cycle. A high-quality system, one that is certified to remove contaminants, uses about two gallons of water for every gallon of product water it produces, or 33 percent recovery. A low-quality RO (which is probably not certified and does not have a water-conserving permeate pump) may
STEPHEN WIMAN
use 15 gallons per gallon of product (6 1/4 percent recovery). But why would you want a wasteful system that’s not certified to remove contaminants? Reverse osmosis gets a bad rap from people who do not understand the process and the benefits of removing contaminants. In a previous column, I have addressed the bogus criticism that RO strips the water of essential minerals. Now, really, do you depend on water as your source of vitamins and minerals? One valid criticism is that the membrane-filtration process does lower pH, because it removes virtually all constituents from the water. But the real issue of low pH water is potential corrosiveness. We always use NSF-certified, food-grade tubing (not copper) and add a remineralization filter, which raises the pH above neutral (7.0) and produces both noncorrosive and delicious water. One of the big breakthroughs for us has been using a coarser nanofiltration membrane (with a pore size of 0.001 microns), which offers the advantage of ondemand filtration, better recovery factors (90 to 95 percent on municipal water), and high removal factors for the naturallyoccurring constituents common in our local water supply (albeit at legal levels below EPA requirements). Stephen Wiman has a background in earth science (Ph.D. in geology) and is the owner of Good Water Company and a member of the Santa Fe’s Water Conservation Committee. He may be reached at 505-471-9036 and skwiman@ goodwatercompany.com.
Marcia Wolf, Qualifying Broker • 505-982-4201 Missy Wolf, Associate Broker • 505-310-9700 200 W. DeVargas, Suite 2 • Santa Fe, NM 87501 • 505-982-4201 HOME FEBRUARY 2012
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PAGE 25 BLACK CYAN MAGEN-
An update on tradition By Paul Weideman
This sweet two-bedroom adobe, in a great location — a block away
from Canyon Road and a 10-minute walk to the Santa Fe Plaza — is available for less than $670,000 following a $30,000 reduction. The pitched-roof house, which probably dates to the 1920s as part of a family compound, was updated several years ago. Most of the floors in the 2,035-square-foot house are wood, and the walls sport new, diamond-finish plaster. The living room and dining room are warmed by subfloor radiant heating; there are contemporary, efficient radiators in the two bedrooms. Distinctive Santa Fe-style qualities in the living room include rich wood overhead and underfoot in the planks-on-vigas ceiling and newly finished hardwood floor, contrasting with the off-white plastered walls; and deep, splayed-side sills resulting from windows set near the outside plane of the thick, adobe walls. The modernized kitchen is outfitted with poured-concrete countertops, a large double sink, and new appliances: Wolf cooktop/oven and Bosch refrigerator, built-in microwave oven, and dishwasher. A gallery leads to the bedrooms and terminates in a sunroom space with a corner perfect for a bright office and access to outdoor living areas. Patios, some
26
FEBRUARY 2012 HOME
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JANE PHILLIPS / THE NEW MEXICAN
618-C East Alameda Street monthly Home|REG cover story. Photos by Jane Phillips/The New Mexican
flagstone-paved, nearly surround the house. The master bedroom has pocket doors on the hallway that the residents can close for enhanced privacy. The room, with a ceiling of coved plaster and vigas, is in two parts: the bed half with plastered walls and a cozy sittingroom section with the house’s only fireplace and mud-plastered walls. Travertine fills the master bathroom: in the shower, on the floor, and on the countertop with colorful glass-tile accents. The second bedroom varies the decor with a stainedconcrete floor and ceiling of white planks on vigas. The bathroom is graced with a clawfoot tub, and French doors open onto a private patio. A full basement, unusual in Santa Fe, holds the washer and dryer (although a closet on the main level is plumbed to accommodate stackables), plenty of cabinet storage, and views of the stone foundation. The house on 0.13 acres is located on a small lane off of the dirt portion of East Alameda Street, a short distance east of Camino Escondido. There are two off-street parking spots. The house is served by city water and sewer. It is listed by Melissa Pippin-Carson and Roger Carson, Keller Williams Realty Santa Fe, for $669,000. The Realtors are featuring the house in an open house today (Sunday, Feb. 5) from noon to 3 p.m.
JANE PHILLIPS / THE NEW MEXICAN
618-C East Alameda Street monthly Home|REG cover story.
JANE PHILLIPS / THE NEW MEXICAN
618-C East Alameda Street monthly Home|REG cover story.
COURTESY MARSHALL ELIAS PAUL WEIDEMAN / THE NEW MEXICAN
COURTESY MARSHALL ELIAS HOME FEBRUARY 2012
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Art of Home Tour benefits art in the public schools By Paul Weideman Here’s a fine way to spend a weekend day in Santa Fe: touring (and shopping for) an amazing selection of homes and seeing (and shopping for) some really cool art. It’s the annual Art of Home Tour, part of the ARTfeast program that helps raise money for art programs and supplies in the Santa Fe Public Schools. The open house, underwritten by Santa Fe Properties, features eight homes on the market: 1430 Hyde Park Road ($4.75 million) 831 El Caminito ($3.95 million) 345 Delgado Street ($1.495 million) 1104 Mansion Ridge ($1.295 million) 3900 Old Santa Fe Trail ($1.1 million) 7468 Old Santa Fe Trail A ($1.1 million) 414 Camino Delora #3 ($939,000) 263 El Duane Court ($625,000) The Art of Home Tour is free and is open from noon to 4 p.m. on both Saturday and Sunday, Feb. 25 and 26. The homes are enhanced with artworks offered by Beals & Abbate Fine Art, Gallery 822, Gerald
NEW MEXICAN FILE PHOTO
The Pottery House, a Frank Lloyd Wright design at 1430 Hyde Park Road, is on the Art of Home Tour
Peters Gallery, Heidi Loewen Porcelain Gallery, The William & Joseph Gallery, Vivo Contemporary, and Winterowd Fine Art, teachers from Fine Art for Children &
Teens (FACT), and with metal sculptures by Santa Fe High School students. A portion of the proceeds from the art sales goes to ARTsmart.
For more information, see http://artfeast. com/artfeast-events/art-of-home-tour/ and www.santafeproperties.com, or call 9824466. * * * * * * * The New Mexico chapter of the U.S. Green Building Council is accepting applications for the 2012 GreenBuilt Tour, to be held June 9-10. The purpose of the tour is to help educate the public and future customers on the incentives for living green and what products/services are available. It’s also an opportunity for builders to show off what they do and for homeowners to show off what they’ve done to save energy. Last year, more than 650 people toured the seven GreenBuilt Tour homes in the Santa FeAlbuquerque area. Awards are given for homes that best demonstrate green building. This year’s theme is “Healthy Living, Healthy Families.” For details, see www.usgbcnm.org or call 505-227-0474.
PermacultureinPractice
‘Gather your people and plant the fields’ Late last summer, like a lonely wildflower in an uninviting landscape, Occupy Wall Street sprouted unexpectedly on the 224th birthday of our constitution. Germinating in a community space along Liberty Street, the protest quickly grew huge and flowered prolifically. From sea to shining sea and beyond, scores of second-generation occupations appeared, and a worldwide progressive-populist revolution began. Just how far the movement will go is unknown, but already its effects are clear. Thanks to newfound grassroots enthusiasm, the Keystone Pipeline and Stop Online Piracy Act (SOPA) have been thwarted; petitioners who would like to oust Scott Walker, the anti-labor governor of Wisconsin, showed up with over one million signatures; ground is gaining in the move to amend the Supreme Court’s Kafkaesque decision that defined corporations as persons, and a peacenik is campaigning hard to lead the GOP. The political landscape seems much 28
more open to positive political change than at any time in my adult life, but how will this energy be taken to the next level? The notion of an “occupation,” or any political protest, is always a catalyst for potential change that may or may not amount to much over time. The key to long-term success in endeavors to replace a dominant paradigm is collaboration among those doing the replacing, so it’s apropos that the theme for the Xeriscape Council of New Mexico’s next conference and expo is “Collaborations for New Solutions.” According to the group’s promotional materials, the theme for the Albuquerque conference on Feb. 23-24 and its expo on Feb. 25 “looks for ways that people with overlapping interests might team up to solve mounting economic and ecological problems.” For well over a decade the council has made its conferences about much more than gravel, weed barrier, cacti, and chamisa. You can always get a
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phenomenal amount of information about how to garden with very little water, but you can also always get inspired to do amazing work for the planet and her people - just by attending, listening, making connections, and dreaming up ways to collaborate. One speaker to catch for the motivational quality of his message and the practical information he’ll share is Miguel Santistevan. He’ll be speaking during the first day of the conference which will be held at Albuquerque’s Crowne Plaza Hotel (that tall building on the northeast corner of the I-25 and I-40 intersection). So critical is Miguel’s message that I reserved the last interview of my book Harvest the Rain for him. Here’s how he summed up our situation: “You know, everybody is running around worried about the future and wondering what could possibly be the fate of the human race. But I learned something long ago from a respected elder. ‘Don’t over analyze the problem,’ he
NATE DOWNEY
said. ‘The solution is simple. Gather your people and plant the fields.’” So in 2012, let’s do more than just protest. Let’s gather, collaborate, and sow seeds for a sustainable future. Nate Downey is president of the ecological landscaping firm, Santa Fe Permaculture (505424-4444), and the author of Harvest the Rain (Sunstone Press, 2011). Nate will be speaking on Friday morning of the conference and at the free expo on Saturday. On-line registration and more info about the conference and expo can be found at www.xeriscapenm.com.
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NewsfromSFAR
Adding value to your investment With construction costs rising and the hassles associated with taking on a renovation project, many homeowners can be reluctant to tackle certain projects when it comes to remodeling their home. However, several inexpensive exterior replacement projects are not only crucial to a home’s regular upkeep, but they also add value and curb appeal. Having a construction and propertymanagement background qualifies me as the “go-to guy” for family members who may need assistance with home renovation projects. Plumbing, electrical, painting and flooring are some of the projects that keep us busy trying to get the most out of our investment. Exterior replacement projects continuously outperform other remodeling projects in terms of resale value, especially window and door replacements. These types of projects
are considered essential to regular home maintenance, so homeowners will need to implement them anyway to keep their house functioning properly. The good news is that these projects do not require expensive materials. Many exterior replacement projects can be performed with durable, low-maintenance materials and they have the added bonus of instantly adding curb appeal, which is important to those looking to sell. The 2011-12 Remodeling Cost vs. Value Report (from Remodeling magazine) compares construction costs with resale values for 35 midrange and upscale remodeling projects in 80 markets across the country. Realtors provided their insight into local markets and buyer home preferences within those markets. Overall Realtors estimated that homeowners would recoup an average of 57.7 percent of their investment in 35 different
improvement projects, down from an average of 60 percent last year. An exterior door and two garage-door replacements were among the top exterior replacement projects. The steel entry door replacement is the least expensive project in the report, costing little more than $1,200 on average and is expected to recoup 73 percent of cost upon resale. Both the midrange and upscale garage door replacements are expected to return more than 71 percent of costs. The desirability and resale value of different remodeling projects varies by region and metropolitan area. There are regional differences when it comes to the resale value of particular remodeling projects. Realtors can help homeowners decide what low-cost-improvement investments will provide the most upon resale in their particular market. It’s important to keep in mind that resale
PACO ARGUELLO
value is just one factor among many that homeowners must take into account when making a decision to remodel. Rubel “Paco” Arguello is a Santa Fe native and interim chief executive of the Santa Fe Association of Realtors. Contact him at 9828385 or paco@sfar.com. (Editor’s note: We have changed the title of this column, which was previously known as “From the Director.”)
SantaFeinBloom
Snowy surprise: Galanthus nivalus Wintertime in Santa Fe can feel like an eternity. After the holiday amaryllis and paperwhites have died, gardeners may get fidgety, restless for spring’s return and the rebirth found in every new blossom. Fortunately, we don’t have to wait until April to get our bloom on. There is a late-winter/early-spring perennial that is about to raise its delicate snowy white head amongst piles of dead leaves and smudgy snow: Galanthus nivalus, also known as the common “snowdrop.” Snowdrops sprout in February and March, although milder winters may see the dainty blooms poking out as early as late January. Not to be confused with the spring snowflake (Leucojum vernum), another early blooming plant with white bell-like flowers and green spots, snowdrops have pure white petals that resemble droplets of milk at the tip of a tiny green stem. Literally meaning “milk-flower of the snow,” the snowdrop plant gets its name from the Greeks: gala, or milk and anthos, or flower, followed by nivalis, which means “of the snow,” a
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reference to its color or possibly the time of year that it blooms, which is often blanketed in white. Members of the Amaryllidaceae family, snowdrops are a genus of about 20 species that are native to Europe and Western Asia, with the nivalis as the most common variety. Each stem has three internal petals that are surrounded by three larger external petals. Cold-hardy and diminutive, they typically grow no taller than eight inches. Preferring moist soil, (yes, an oxymoron for New Mexican dirt), snowdrops can still do well in Santa Fe if planted under trees or shrubs with compost-rich soil (Yum Yum Mix works well). David Salman of Santa Fe Greenhouses recommends planting bulbs in flower beds along walls that face the east or north. He suggests planting in groups as opposed to individually, and adding moisture regularly during the fall, winter and bloom times. In these settings, Salman says they should adapt and flourish.
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When planting, make sure to place the bulbs in the ground as opposed to containers; Northern New Mexico’s frigid frosts can be deadly to plants in pots. If your soil is exceptionally dry or rocky, don’t bother; they will not survive. Plant in the early fall as snowdrops are only available at nurseries for a brief time and sold as undried bulbs. They don’t store well, so plant them immediately. For such a little flower, the snowdrop has quite a big history. They are referenced in the Biblical tale of the Garden of Eden as the first flower, created by an angel. In Homer’s Odyssey, Hermes gives Ulysses an herb called Moly, which was Galanthus nivalis. Upon taking it, Ulysses became immune to Circe’s memory poisons and had brilliant dreams. This legend may be the first to credit its medical uses — snowdrop essence is used to induce dreams and slow down memory loss. (Galantamine, its active ingredient, has been synthesized into several Alzheimer’s medications). With its honey-like scent, the snowdrop is also the birth flower for those born
CAROLE LANGRALL
in January. The snowdrop symbolizes hope, purity and consolation, which makes sense as it appears just in time, as a harbinger of spring, to erase those “winter garden blahs” that have settled in. Carole Langrall has worked in the flower industry for more than 22 years and recently moved her award-winning floral design studio to New Mexico. She often lectures on the importance of buying locally grown flowers and is a consultant for beautification projects with local communities, encouraging the use of native flowers and plants. She can be reached at agardenofearthlydelights.net.
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Who and how do you trust? Today, it is a fact that people are socialnetworking online. Not only are we talking to each other, we are engaging in conversations with local businesses, organizations, and newspapers. Did you know you can FOLLOW The Santa Fe New Mexican on Twitter or LIKE it on Facebook? A recent look at Facebook statistics reveals over 800 million people are active users and they upload over 250 million photographs on average per day! These numbers alone represent a staggering shift in how people communicate and trust each other online. Social business has always been about people, whether it is online or offline. Social-media sites are only tools of communication. What matters is trust and customer experience. Yet the focus is often about being “on” social media sites or “how” to use them, rather than being trustworthy. Often people see sites with a large number of “followers” or “likes” as a barometer of trust, but numbers do not always translate into trust. Look what happened to the word “trust” in banking when Bank of America chose to increase fees without understanding their customers were connected online. Trust more than numbers is the new currency in social media. Building trust the old-fashioned way, face-to-face with a handshake, is not easy to translate into an online expression of trust. Think about brands, organizations and small businesses for a minute. Often what is missing online is a consistency of experience or a failure to put a human face in the picture. How can you LIKE your wireless provider on Facebook if you do not know there is a person listening or engaging you in a conversation? Yet the company expectation is that you LIKE your wireless company because you “use” the brand. The end result with this attitude shows the goal is market by numbers rather than building a trusting business relationship. To gain any competitive edge in today’s online marketplace, the focus must be on
your gently used furniture, appliances and building materials to the Santa Fe Habitat for Humanity ReStore. A fund raiser for Habitat for Humanity.
Call 505-473-1114 to schedule a pick up. 2414 Cerrillos Road www.santaferestore.org Hours: Monday - Saturday 9:00 a.m. - 5:00 p.m.
The Santa Fe New Mexican brings you EMILY MEDVEC
the customer experience of YOU, your brand, company or organization online. Do you interact and share insights and information? Or do you blast marketing messages? Are you acting like a concerned human who listens and acts? Or are you indifferent and slow to respond? It does help to act like a real person rather than a marketing machine. Why? People do business with people they know, like and trust. Here are some tips to build trust. First, be open and transparent when you communicate. If you are tweeting about a new real-estate listing, provide the price. When you ask people to LIKE you on Facebook, walk your talk. Broken promises lose business in a nanosecond. Go beyond customer expectations by giving accurate and timely information. You will stand out when you make a difference with customer service. Be honest and avoid trashing your competitors. What is online is there forever. Keep client information secure. Everyone is concerned about privacy. Lastly, focus on being authentic. The best way to create trust online is to engage in positive interactions one conversation at a time. Emily Medvec is an associate broker with Santa Fe Properties on a team with Ulla Allyn. Emily’s passion is how social networking online changes how we communicate and make decisions in real estate and every other marketplace. Follow her at www.twitter.com/ emilymedvec or call her at 505-660-4541.
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Give Yourself the Gift of Abiquiu
103 BLUE EARTH TRAIL – Where Eagles Soar! Sierra Negra Mountain is in the front yard of your 22 acres. Views of the Sangre de Cristo Range and the Chama River Valley are your morning coffee views. For the evening margarita views you have sun setting over Sierra Negra. Forest access for those who love to hike while the participants cheer you on from the front courtyard. Rastra construction and energy efficient windows further enhance this living experience. Additional 10 acres is available. **60 minutes to Whole Foods! ** Owner is a Licensed NM Real Estate Broker. MLS 806002 22 ACRES NEW PRICE $549,000
RANCHO QUERENCIA -This lovely 4,300 sq ft pueblo style hacienda allows you to enjoy the dramatic color of Northern N.M. This private 250 acres which borders State Land has diverse topography of grasslands, mesas and red rock cliffs making it ideal for hiking and riding. This home is thoughtfully and artistically constructed with amenities that enhance everyday living with an exercise room next to the outside shower and hot tub, to a kitchen designed for serious cooks, this home creates an atmosphere of ease and elegance. The guest casita wing, dining room, family room, great room and book lined office compliment the 3 bedrooms, 3 bathrooms and make entertaining a lovely experience. THIS RANCH IS TRULY OUT OF THIS WORLD & ONLY 80 MINUTES TO SANTA FE! MLS 201005627 250 ACRES $1,885,000
COLINA SOLEDAD - A gently sloping hillside frames the lovely home site on this extraordinary property in Abiquiu, providing a rear combination of privacy and expansive vistas of Pedernal and the Sangre de Cristo Mountain range. This parcel captures the magic of the region that inspired the artistry of Georgia O’Keeffe. Enjoy riding or hiking in the Carson National Forest using the private pedestrian/ equestrian access. Shared Well. Electric transformer in place. Owner Financing 60 minutes from Santa Fe. MLS 201200029 11 ACRES $120,000
HIGHWAY 84, AT THE ABIQUIU INN • (505) 685-4646 www.abiquiuland.com
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* Owner is a Licensed New Mexico Real Estate Broker