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Determined buyers are hard to beat at auctions. This Albert Park home sold for $1.48 million despite a knock-out opening bid from a buyers agent.

Two auction reserves were smashed in Melbourne as the spring selling season gets underway.

There were 823 auctions this weekend and two buyers took their chance to pay over the odds.

An ultra-modern Brighton East family home sold under the hammer for an eye-watering $760,000 above the reserve. And a run-down Albert Park home on market from the first bid sold for $280,000 more than reserve.

13 Edro Avenue, Brighton East, sold for $3.87 million. Photo: Supplied

Auctioneer Peter Kennett, from hockingstuart, told Domain he believed the figure for the Brighton East home was a per-square-metre price record for the suburb. Number 13 Edro Avenue, on 695 square metres, sold for $3.87 million.

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The new buyers paid the equivalent of $5568 per square metre. The auction drew a large crowd and four buyer's advocates, three of whom fought hard to acquire a slice of high-end bayside real estate.

The winning bidder, buyer's advocate Mal James, opened the auction with a bid of $3 million - only $100,000 shy of the reserve.

Original post:
Family home sells for $760,000 over reserve

Video will begin in 5 seconds.

Determined buyers are hard to beat at auctions. This Albert Park home sold for $1.48 million despite a knock-out opening bid from a buyers agent.

Two auction reserves were smashed in Melbourne as the spring selling season gets underway.

There were 823 auctions this weekend and two buyers took their chance to pay over the odds.

An ultra-modern Brighton East family home sold under the hammer for an eye-watering $760,000 above the reserve. And a run-down Albert Park home on market from the first bid sold for $280,000 more than reserve.

13 Edro Avenue, Brighton East, sold for $3.87 million. Photo: Supplied

Auctioneer Peter Kennett, from hockingstuart, told Domain he believed the figure for the Brighton East home was a per-square-metre price record for the suburb. Number 13 Edro Avenue, on 695 square metres, sold for $3.87 million.

Advertisement

The new buyers paid the equivalent of $5568 per square metre. The auction drew a large crowd and four buyer's advocates, three of whom fought hard to acquire a slice of high-end bayside real estate.

The winning bidder, buyer's advocate Mal James, opened the auction with a bid of $3 million - only $100,000 shy of the reserve.

Read more from the original source:
Bayside home sells $760,000 over reserve

Video will begin in 5 seconds.

Determined buyers are hard to beat at auctions. This Albert Park home sold for $1.48 million despite a knock-out opening bid from a buyers agent.

Two auction reserves were smashed in Melbourne as the spring selling season gets underway.

There were 823 auctions this weekend and two buyers took their chance to pay over the odds.

An ultra-modern Brighton East family home sold under the hammer for an eye-watering $760,000 above the reserve. And a run-down Albert Park home on market from the first bid sold for $280,000 more than reserve.

13 Edro Avenue, Brighton East, sold for $3.87 million. Photo: Supplied

Auctioneer Peter Kennett, from hockingstuart, told Domain he believed the figure for the Brighton East home was a per-square-metre price record for the suburb. Number 13 Edro Avenue, on 695 square metres, sold for $3.87 million.

Advertisement

The new buyers paid the equivalent of $5568 per square metre. The auction drew a large crowd and four buyer's advocates, three of whom fought hard to acquire a slice of high-end bayside real estate.

The winning bidder, buyer's advocate Mal James, opened the auction with a bid of $3 million - only $100,000 shy of the reserve.

See the rest here:
Family home sells $760,000 over reserve

The front of 13 Edro Avenue, Brighton East. Photo: Supplied

An-ultra modern Brighton East family home sold under the hammer on Saturday for an eye-watering $760,000 above the reserve.

Auctioneer Peter Kennett, from hockingstuart, told Domain he was crunching the sums but believed the figure was a per-square-metre price record for the suburb.

Number 13 Edro Avenue in Brighton East, on 695 square metres, sold for $3.87 million. The new buyers paid the equivalent of $5568 per square metre.

The appealing lap pool at 13 Edro Avenue, Brighton East. Photo: Supplied

The auction drew a large crowd and four buyer's advocates, three of whom fought hard to acquire a slice of high-end bayside real estate.

Advertisement

The winning bidder was buyer's advocate Mal James, who was impossible to miss in his signature check suit and pork-pie hat. Heopened the auction with a bid of $3 million - only $100,000 shy of the reserve.

With four bedrooms plus a study, lap pool and luxury finishes, the dual-level house in a leafy avenue, built four years ago, had no shortage of admirers during the marketing period.

Mr Kennett told the auction crowd that at least eight parties had requested a copy of the contract. He and fellow agent Tamara Whelanhad quoted $2.75 million-plus during the campaign.

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Brighton East family home nets $3.9 million at auction

308 Carlton Drive - Home for Sale - Virtual Tour
Cozy 3 BR/2BA ALL Brick house has the comforts of a first home, off campus living, or an empty-nesters #39; retreat. Eat in kitchen that opens to Den, Formal Living Room, and Master Bedroom with...

By: Sherman Jones

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308 Carlton Drive - Home for Sale - Virtual Tour - Video

Richard Lawson, Barratt Homes sales director

The low maintenance benefits of a new home have been highlighted in a new survey from five star housebuilder Barratt Homes.

The survey reveals high levels of DIY disasters among the area's home owners, something the housebuilder says can be avoided if you buy a brand new home.

Barratt sales director Richard Lawson, said while many homeowners enjoy stamping their own personal style on their new houses, more ambitious DIY projects on older homes can prove disastrous.

He highlighted one of the many plus sides of moving into a new home is that you can still make it your own but without undertaking expensive, time-consuming and potentially dangerous renovations as you will be moving into a perfectly prepared home.

"People can still have the chance to choose their flooring, lighting or kitchen for example but have none of the hassle involved in fitting,'' he added.

In addition, the five star housebuilder also offers an exclusive five year warranty covering almost everything it fits as standard so owners can relax, with no unexpected repair bills to pay for up to five years.

He said that Barratt's five year warranty comes with 24 hour, 365 day a year emergency cover, so in the unlikely event that something does go wrong, buyers will have trained professionals to deal with it so that you don't have to face a DIY disaster.

The Barratt research, conducted by One Poll, exposed a range of DIY disasters from collapsed ceilings, flooded bathrooms and toxic spills, resulting in a list of personal injuries caused by drills, screwdrivers and chisels.

And recent research from Co-op Home Insurance reveals that a third of homeowners are injured while doing jobs around the home.

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Banish DIY disasters with new home from Barratt

DENVER, Sept. 10, 2014 /PRNewswire/ --(CEDIA Expo 2014, Booth #240)Epson, the number-one selling projector brand worldwide1, today announced new additions to its award-winning lineup of Home Cinema projectors, the PowerLiteHome Cinema 3600e, Home Cinema 3500, and Home Cinema 3000. Featuring up to 2,500 lumens of color brightness and 2,500 lumens of white brightness2 with up to 70,000:1 contrast ratio, Epson's latest Home Cinema solutions bring an immersive 2D and 3D 1080p experience to today's living rooms. With wide vertical and horizontal lens shift, 1.6x zoom lens and a 26 percent smaller footprint than preceding models3, the Home Cinema 3000-Series projectors are designed for big-screen entertainment almost anywhere in a matter of minutes.

"These new projectors offer refined image quality while being among the brightest 1080p projectors we've ever produced, making them ideal for well-lit family rooms," said Jason Palmer, marketing manager, Epson America. "In addition, a unique compact design, simple lens shift and front-facing exhaust allow users to conceal the projector in a bookcase on the back wall and enjoy images up to 300 inches five, ten or even over thirty times the size of a 50-inch flat screen."

The models featured in the Home Cinema 3000-Series offer varied capabilities designed to make it easier than ever to enjoy content including high color and white brightness and built-in color modes for viewing in different environments. The Home Cinema 3500 and 3600e also include two built-in 10-watt stereo speakers allowing users the versatility to take the projector to a backyard for outdoor movie nights, a friend's house for video game tournaments or anywhere else the imagination allows.

Whether you are mounting to the ceiling or moving the projector from room to room, all three of the models feature Epson's dial-adjusted lens shift technology that enables positioning flexibility with an incredible range of up to + or 60 percent on the vertical axis and up to + or 24 percent on the horizontal axis. In addition, all three models are designed for installation on a ceiling or for easy set up on a table, or tucked inside a shelving space.

Epson projectors offer up to 3x Brighter Colors4 than competitive models. The Epson Home Cinema 3000 Series of 3LCD projectors ensure stunning images and Full HD 1080p with enhanced detail. Both the Home Cinema 3500 and Home Cinema 3600e add Super Resolution technology to deliver defined edges and rich image quality as well as all-new Detail Enhancement technology to refine surface detail for true-to-life images. The flagship Home Cinema 3600e adds a WirelessHD transmitter that connects up to five HDMI devices simultaneously, with one HDMI out connection and one optical port for switching between sources and MHL connectivity to display content from MHL-enabled tablets, smartphones and streaming sticks.

More About the Home Cinema 3000-Series

Front Projection Size Comparison: 50-inch Flat Panel Versus Projector Image Sizes

Screen Size

Aspect Ratio

Surface Area

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New Epson Home Cinema 3000-Series Projectors Bring Versatile and Bright 2D/3D 1080p Blockbuster Performance to Living ...

VANCOUVER Housing affordability trends are such that, in Vancouver at least, a starter home no longer is a ticket to bigger and better digs as the years go by.

It used to be that homeowners would pay down mortgages and build equity, then be able to afford to move to a nicer house, perhaps in a more desirable neighbourhood.

Not any more.

Those pricier homes are simply unaffordable, even for owners of starter and mid-level homes.

So, by the time wannabe-buyers figure they can make the leap, they will increasingly find that the more expensive homes are out of reach.

Benjamin Tal, a deputy chief economist at the Canadian Imperial Bank of Commerce, outlined this new trend Monday in notes prepared for the International Housing and Home Warranty Conference in Vancouver.

The event, running to Wednesday, is being attended by 200 delegates who design, build, insure and provide warranties for both market and social housing.

Delegates are hearing about such things as how real estate practices have been changed by the Internet, new energy-saving innovations in home construction, and how shipping containers can be transformed into housing.

Tal explains: The value of bigger and pricier properties is rising notably faster than less-expensive properties widening the gap between starter home and dream house.

Regardless of what your starting point is, and by how much your property has appreciated, the desired move-up target is getting further and further out of reach.

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Barbara Yaffe: Vancouver property owners less able to trade up to bigger homes

Home warranty with integrity. On Top of the World Communities - Ocala, Florida
On Top of the World #39;s Warranty Department ensures the homes, villas, and buildings are properly maintained. Staffed by licensed contractors, mold accessors, and mold mediators, our Warranty...

By: On Top of the World

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Home warranty with integrity. On Top of the World Communities - Ocala, Florida - Video

HMS Home Warranty ALS #IceBucketChallenge

By: HMSHomeWarranty

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HMS Home Warranty ALS #IceBucketChallenge - Video