Winter 2023
P2JW069000-0-M00100-1--------XA
Homes Not Included Two beachfront parcels list for $ 200 million . M2
HOMES | MARKETS | PEOPLE | REDOS | SALES
2
These six neighborhoods saw their average residential sale price rise above £ 1 million in 2022
BY RUTH BLOOMFIELD
THERE WAS A time when being a property millionaire , with a home worth north of £ 1 million — or about $ 1.186 million — meant something in the British capital . Today , not so much .
The average resale home , not including new builds , in London has a sale price of £ 537,510 , or roughly $ 637,200 , according to British government data . But owning a seven-figure property in the nation ’ s capital is becoming increasingly commonplace . According to The Bürk family in the kitchen of their home in Acton research by estate agent Hamptons , the average sale Six neighborhood postcodes passed the £ 1 million enjoying a ripple of new
second-tier neighborhoods price of homes in 41 % of all London ’ s 283 postal codes milestone between 2021 buyers moving in from was £ 1 million or more as of and 2022 . They range from pricier neighborhoods . November 2022 . former Victorian slums to Please turn to page M8
1
FEWER THAN
houses are left in the U . S .
THE WALL STREET JOURNAL .
Half-timbering , a balcony , multiple rooflines and gables
A tower , a turret and two gargoyles ; plaster walls made to look like stone
3
And Action ! These famous movie homes are also valuable real estate . M4
Friday , March 10 , 2023 | M1
Storybook-style architecture , which originated in 1920s California , captures the imaginations of whimsy-seeking homeowners
BY ERIKA MAILMAN he California home of Dain Domich and his wife , Melissa Mattei , looks like something out of a fairy tale .
Surrounded by redwood trees , the half-timbered home has multiple rooflines and gables , three stand-alone dovecotes that look like little towers , and a fence of irregularly curving bricks . On a recent Tuesday afternoon , Mr . Domich pulled open a gate in the home ’ s backyard to reveal an idyllic , free-running creek .
And in an incident that seemed straight out of a Disney movie , his wife says an owl flew into the primary bathroom one morning to perch on the counter and calmly regard itself in the mirror . “ It ’ s a romantic house ,” says Ms . Mattei . The couple ’ s Sacramento home is considered an example of Storybook-style architecture . A Storybook home is a crooked delight , a collection of bricks laid in wavering lines as if they have sagged into their mortar over the years , and asymmetrical roof lines that curve so sharply a black cat in a fairy tale might slide down to offer witch ’ s candy to children ( and in fact , that roofline is called a catslide ). With quaint , European-cottage details such as mullioned windows , meandering chimneys and askew shutters , these houses were deliberately built to look ancient and even decrepit .
Storybook-style homes , most of which were built on the West Coast in the 1920s and early 1930s , are hard to find . There are probably fewer than 10,000 in the U . S ., estimates architect Arrol Gellner , who teamed with photographer-writer Douglas Keister to write the definitive 2001 book , “ Storybook Style : America ’ s Whimsical Homes of the 1920s .”
“ People tend to hang on to these homes ; they don ’ t turn over very often ,” says Los Feliz Realtor
Please turn to page M6
CHARACTERISTICS OF STORYBOOK STYLE 1 2 3
In today ’ s luxury real estate market , every detail matters . That ’ s why it ’ s important to work with a professional who can design the perfect strategy to maximize your property ’ s value . Before listing your home , consult a Berkshire Hathaway HomeServices
SM Network Forever Agent to find out more . BerkshireHathawayHS . com
Sharply pitched rooflines , half-timbering
For Life
Our franchise network represents some of the finest residences in the United States , Canada , Mexico , Europe , Middle East , India and The Caribbean .
© 2023 BHH Affiliates , LLC . Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates , LLC . Most franchisees are independently owned and operated . Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company , a Berkshire Hathaway affiliate . Equal Housing Opportunity .
Global Media
Global Media Placement
Berkshire Hathaway HomeServices prioritizes crafting an unmatched experience by providing content that resonates with consumers , utilizing cutting-edge targeting strategies for maximum impact .
In 2023 , our global brand campaign garnered more than 1 billion impressions , illustrating the extensive reach and influence of our media endeavors . For 2024 , we ’ ve established a robust media schedule to ensure that the Berkshire Hathaway HomeServices brand remains prominently positioned in consumers ’ minds during their buying and selling decisions throughout the year .
Good to know . ®
Strategic Media Presence
In our 2024 strategic media plan , we ’ ve carefully chosen a curated selection of high-impact media platforms . These placements are selected for their alignment with our target audience and their capacity to optimize brand visibility .
CBSSports . com CBS Sports App
ESPN . com ESPN App
Moreover , in the 2024 Berkshire Hathaway HomeServices media campaign , we will give precedence to major sporting events of the year , such as prime placements during the U . S . Open Tennis , the U . S . Open Golf , and the NCAA March Madness tournament .
Print Media
Capturing the attention of the ideal audience through print remains integral to our global strategy . Our print advertisements feature prominently in esteemed , high-quality publications :
MANSION Once Upon a Time ...
10,000 Storybook-style
The New Property Millionaires of London
VANESSA BERBERIAN FOR THE WALL STREET JOURNAL PELICAN PIX ( AERIAL ); ALAMY ( WEDDING CRASHERS ); ISTOCK ( ENGRAVING )
FROM TOP : MICHELLE DREWES FOR THE WALL STREET JOURNAL ; MICHAL CZERWONKA FOR THE WALL STREET JOURNAL ( 2 )
DESIGN OF THE TIMES
© 2024 BHH Affiliates , LLC . Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates , LLC . Most franchisees are independently owned and operated . Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company , a Berkshire Hathaway affiliate . Equal Housing Opportunity .