2013 real estate forecast: Expect a robust recovery

ASK RAY ABOUT REAL ESTATE | 2013 real estate forecast: Expect a robust recovery
By Ray Akers

I devote this column to looking ahead, a forecast of 2013’s real estate market.

After nearly five years of declining values and false starts, I’m happy to report that the recession is in the rearview mirror and a healthy economic recovery is on solid footing — particularly in Seattle.

According to Forbes Magazine, the Seattle economy was poised to come out of the recession first and remain healthy for years to come. Indeed, Seattle real estate is recovering at a faster pace than the rest of the nation: It’s no longer a buyer’s market in Seattle. It was recently reported that Seattle is among the top-10 seller’s markets in the nation. Record-low interest rates and the shrinking inventory of available homes are driving the rapid turnaround in home prices.

Pent-up demand

The newest data shows that the annual slow-down in November sales didn’t really happen as expected: Buyers kept buying. For my business, December is already busier than November. You can attribute the surge in business to pent-up demand that has been idle, waiting on the sidelines for a sign that real estate is once again a safe investment.

In 2013, there will be more good news for the Seattle real estate market. You can expect double-digit increases in property values. Expert forecasts predicted a 15-percent increase in home values between June 2012 and June 2013. At midpoint (December 2012) King County real estate values have increased 14.9 percent.

Seattle is ahead of the expert forecasts by a substantial margin. I’m confident we will see an additional 10-percent appreciation in 2013, making for a cumulative increase in home prices of 25 percent in just two years.

A better year ahead

If you’re planning to buy a home in 2013, I encourage you to fast-forward your plan to buy. Each passing day means higher prices.

If you’re planning to sell in 2013, I recommend listing your property in the first quarter, January to April. The data shows that early buyers tend to pay more for what they want. In addition, if your home is in good condition and in a nice neighborhood, you should expect multiple offers, which result in a sale at full price and likely in excess of the listed price.

For sellers, be wary of “pre-approval” letters from buyers. The lending landscape has changed dramatically: It’s more difficult for buyers to qualify for loans. Some lenders will cough out an official-looking letter, promising the buyer is qualified. Ask lots of questions about the buyer’s qualifications before you enter into any contract.

For buyers, 2013 is going to be a better year for obtaining a mortgage loan. For years, lenders offered unrealistic loans to buyers, resulting in the mortgage meltdown — all that has changed. New lending guidelines have made getting a mortgage much more difficult.

You can expect lenders to relax the rules a bit in 2013. It will become easier to obtain a new mortgage in 2013, especially later in the year. Unfortunately, while it will become easier to qualify for a mortgage, home prices will continue to rise. If you have good credit and you are pre-approved for a loan, get in touch with a Realtor today — there is no advantage to waiting.

For real estate investors, 2013 will bring both good and bad news. Competition for investment properties will increase, driving up prices — that’s the bad news. Investors looking to buy should buy early and ride the wave of rising appreciation for the remainder of the year.

There is also good news for those who own investment properties. The value of your investment will increase in 2013. (Although, it’s possible an increase in the capital-gains tax may take a bite out of your profits if you sell in 2013.)

Thank you to all my readers, and especially to those who sent me questions in 2012. I prepare each column with a goal of demystifying the process of buying and selling real estate. Your questions help make this column better.

RAY AKERS has been a licensed Realtor for more than 25 years and is a lifelong Seattle resident. Send your questions to ray@akerscargill.com or call (206) 722-4444.

Big thanks to Ray Akers of Akers & Cargill Properties and Pacific Publishing for allowing us to publish their article dated 1/23/13.

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Your March Checklist for a Smooth-Running Home

Spring officially begins on March 20 in 2013, so now is the perfect time to begin prepping for the season ahead. From refreshing your decor and removing winter layers to performing needed home maintenance, the tasks on this checklist will get your house ready for spring inside and out.

Browse Kids Products on Houzz- For Example:

As we do home maintenance and repair, contact RGN Construction if we can assist you with your spring projects!

 

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Photos of Camano Island Home Remodeled by RGN Construction

We recently completed this custom home remodel where details are endless. We hope you enjoy viewing these photos as much as we enjoyed being part of building this incredible dream home.

General Contractor: RGN Construction
Architect: Designs Northwest
Designer: H2K Design
Photography: Lucas Henning

RGN_S.Camano_House_By-LHENNING-002

South Camano Island Home Remodel RGN_S.Camano_House_By-LHENNING-004 RGN_S.Camano_House_By-LHENNING-012 RGN_S.Camano_House_By-LHENNING-011 RGN_S.Camano_House_By-LHENNING-014 RGN_S.Camano_House_By-LHENNING-016RGN_S.Camano_House_By-LHENNING-045 RGN_S.Camano_House_By-LHENNING-051 RGN_S.Camano_House_By-LHENNING-050 RGN_S.Camano_House_By-LHENNING-049 RGN_S.Camano_House_By-LHENNING-047 RGN_S.Camano_House_By-LHENNING-054 RGN_S.Camano_House_By-LHENNING-065 RGN_S.Camano_House_By-LHENNING-060 RGN_S.Camano_House_By-LHENNING-058RGN_S.Camano_House_By-LHENNING-022 RGN_S.Camano_House_By-LHENNING-031 RGN_S.Camano_House_By-LHENNING-028 RGN_S.Camano_House_By-LHENNING-024 RGN_S.Camano_House_By-LHENNING-023RGN_S.Camano_House_By-LHENNING-033 RGN_S.Camano_House_By-LHENNING-034 RGN_S.Camano_House_By-LHENNING-035 RGN_S.Camano_House_By-LHENNING-037 RGN_S.Camano_House_By-LHENNING-040 RGN_S.Camano_House_By-LHENNING-085 RGN_S.Camano_House_By-LHENNING-069 RGN_S.Camano_House_By-LHENNING-076 RGN_S.Camano_House_By-LHENNING-081 RGN_S.Camano_House_By-LHENNING-078 RGN_S.Camano_House_By-LHENNING-077 RGN_S.Camano_House_By-LHENNING-082 RGN_S.Camano_House_By-LHENNING-083

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10 Ways to Winterize Your Home – Now

You’ll get a season’s worth of savings and peace of mind by taking a few steps now to get your home ready for cold weather.

By Christopher Solomon of MSN Real Estate

  (© none)

So you’ve pulled your sweaters out of mothballs and found your mittens at the bottom of the coat closet. But what about your house — is it prepared for the cold months ahead?
You’ll be a lot less comfortable in the coming months if you haven’t girded Home Sweet Home for Old Man Winter.

With the help of several experts, we’ve boiled down your autumn to-do list to 10 easy tips:

1. Clean those gutters
Once the leaves fall, remove them and other debris from your home’s gutters — by hand, by scraper or spatula, and finally by a good hose rinse — so that winter’s rain and melting snow can drain. Clogged drains can form ice dams, in which water backs up, freezes and causes water to seep into the house, the Insurance Information Institute says.
As you’re hosing out your gutters, look for leaks and misaligned pipes. Also, make sure the downspouts are carrying water away from the house’s foundation, where it could cause flooding or other water damage. ”The rule of thumb is that water should be at least 10 feet away from the house,” says Michael Broili, the director of the Well Home Program for the
Phinney Neighborhood Association, a nationally recognized neighborhood group in Seattle.

2. Block those leaks
One of the best ways to winterize your home is to simply block obvious leaks around your house, both inside and out, experts say. The average American home has leaks that amount to a nine-square-foot hole in the wall, according to EarthWorks Group.
First, find the leaks: On a breezy day, walk around inside holding a lit incense stick to the most common drafty areas: recessed lighting, window and door frames, electrical outlets. Then, buy door sweeps to close spaces under exterior doors, and caulk or apply tacky rope caulk to those drafty spots, says Danny Lipford, host of the nationally syndicated TV show “Today’s Homeowner.” Outlet gaskets can easily be installed in electrical outlets that share a home’s outer walls, where cold air often enters. Outside, seal leaks with weather-resistant caulk. For brick areas, use masonry sealer, which will better stand up to freezing and thawing. “Even if it’s a small crack, it’s worth sealing up,” Lipford says. “It also discourages any insects from entering your home.”

3. Insulate yourself
“Another thing that does cost a little money — but boy, you do get the money back quick — is adding insulation to the existing insulation in the attic,” says Lipford. “Regardless of the climate conditions you live in, in the (U.S.) you need a minimum of 12 inches of insulation in your attic.” Don’t clutter your brain with R-values or measuring tape, though. Here’s Lipford’s rule of thumb on whether you need to add insulation: “If you go into the attic and you can see the ceiling joists you know you don’t have enough, because a ceiling joist is at most 10 or 11 inches.” A related tip: If you’re layering insulation atop other insulation, don’t use the kind that has “kraft face” finish (i.e., a paper backing). It acts as a vapor barrier, Lipford explains, and therefore can cause moisture problems in the insulation.

4. Check the furnace
First, turn your furnace on now, to make sure it’s even working, before the coldest weather descends. A strong, odd, short-lasting smell is natural when firing up the furnace in the autumn; simply open windows to dissipate it. But if the smell lasts a long time, shut down the furnace and call a professional. It’s a good idea to have furnaces cleaned and tuned annually. Costs will often run about $100-$125.

An inspector should do the following, among other things: Throughout the winter you should change the furnace filters regularly (check them monthly). A dirty filter impedes air flow, reduces efficiency and could even cause a fire in an extreme case. Toss out the dirty fiberglass filters; reusable electrostatic or electronic filters can be washed.

5. Get your ducts in a row
According to the U.S. Department of Energy, a home with central heating can lose up to 60% of its heated air before that air reaches the vents if ductwork is not well-connected and insulated, or if it must travel through unheated spaces. That’s a huge amount of wasted money, not to mention a chilly house. (Check out this audit tool for other ideas on how to save on your energy bills this winter.) Ducts aren’t always easy to see, but you can often find them exposed in the attic, the basement and crawlspaces. Repair places where pipes are pinched, backed tape (duct tape actually doesn’t stand up to the job over time). Ducts also should be vacuumed once every few years, to clean out the abundant dust, animal hair and other gunk that can gather in them and cause respiratory problems.

6. Face your windows
Now, of course, is the time to take down the window screens and put up storm windows, which provide an extra layer of protection and warmth for the home. Storm windows are particularly helpful if you have old, single-pane glass windows. But if you don’t have storm windows, and your windows are leaky or drafty, “They need to be updated to a more efficient window,” says Lipford. Of course, windows are pricey. Budget to replace them a few at a time, and in the meantime, buy a window insulator kit, Lipford and Broili recommend.

Basically, the kit is plastic sheeting that’s affixed to a window’s interior with double-stick tape. A hair dryer is then used to shrink-wrap the sheeting onto the window. (It can be removed in the spring.) “It’s temporary and it’s not pretty, but it’s inexpensive (about $4 a window) and it’s extremely effective,” says Lipford.

7. Don’t forget the chimney
Ideally, spring is the time to think about your chimney, because “chimney sweeps are going crazy right now, as you might have guessed,” says Ashley Eldridge, director of education for the Chimney Safety Institute of America. That said, don’t put off your chimney needs before using your fireplace, Eldridge advises. “A common myth is that a chimney needs to be swept every year,” says Eldridge. Not true. But a chimney should at least be inspected before use each year, he adds. “I’ve seen tennis balls and ducks in chimneys,” he says. Ask for a Level 1 inspection, in which the professional examines the readily accessible portions of the chimney, Eldridge says. “Most certified chimney sweeps include a Level 1 service with a sweep,” he adds.

Woodstoves are a different beast, however, cautions Eldridge. They should be swept more than once a year. A general rule of thumb is that a cleaning should be performed for every ¼ inch of creosote, “anywhere that it’s found.” Why? “If it’s ash, then it’s primarily lye — the same stuff that was once used to make soap, and it’s very acidic.” It can cause mortar and the metal damper to rot, Eldridge says. Another tip: Buy a protective cap for your chimney, with a screen, advises Eldridge. “It’s probably the single easiest protection” because it keeps out foreign objects (birds, tennis balls) as well as rain that can mix with the ash and eat away at the fireplace’s walls. He advises buying based on durability,
not appearance. One other reminder: To keep out cold air, fireplace owners should keep their chimney’s damper closed when the fireplace isn’t in use. And for the same reason, woodstove owners should have glass doors on their stoves, and keep them closed when the stove isn’t in use. Check out CSIA’S Web site for a list of certified chimney sweeps in your area.

8. Reverse that fan
“Reversing your ceiling fan is a small tip that people don’t often think of,” says Lipford. By reversing its direction from the summer operation, the fan will push warm air downward and force it to recirculate, keeping you more comfortable. (Here’s how you know the fan is ready for winter: As you look up, the blades should be turning clockwise, says Lipford.)

9. Wrap those pipes
A burst pipe caused by a winter freeze is a nightmare. Prevent it before Jack Frost sets his grip: Before freezing nights hit, make certain that the water to your hose bibs is shut off inside your house (via a turnoff valve), and that the lines are drained, says Broili. In climes such as Portland, Ore., or Seattle, where freezing nights aren’t commonplace, you can install Styrofoam cups with a screw attachment to help insulate spigots, says Broili. Next, go looking for other pipes that aren’t insulated, or that pass through unheated spaces — pipes that run through crawlspaces, basements or garages. Wrap them with pre-molded foam rubber sleeves or fiberglass insulation, available at hardware stores. If you’re really worried about a pipe freezing, you can first wrap it with heating tape, which is basically an electrical cord that emits heat.

10. Finally, check those alarms
This is a great time to check the operation — and change the batteries — on your home’s smoke detectors. Detectors should be replaced every 10 years, fire officials say. Test them — older ones in particular — with a small bit of actual smoke, and not just by pressing the “test” button. Check to see that your fire extinguisher is still where it should be, and still works. Also, invest in a carbon-monoxide detector; every home should have at least one.

By Christopher Solomon of MSN Real Estate

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Photos of New Carroll Building Built by RGN Construction

Contemporary Industrial Commercial Stairs

Carroll Building

Real Estate Office

Industrial Contemporary Building

Cubicle Configuration

Commercial Building Patio

For more information about RGN Construction, please visit us at our main website.

Thank you!

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Photos of Lake Cavanaugh Home Built by RGN Construction

For more information about RGN Construction, please visit us at our website at www.rgncon.com. Thank you!

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After-Summer Care for a Fabulous Fall Garden

Cleaning out stragglers and taking time to assess will keep your garden thriving all through autumn, by Jenny Peterson.

September is a transition month in the garden. Although we may still have warm, even hot, weather, it’s time to clean up our summer gardens to make room for autumn’s bounty. Cooler days and crisp evenings and mornings will be here soon enough — in some areas of the country, it’s time to begin cool-weather planting, while in others, planting will have to wait a few weeks. But in every part of the country, it’s time to say goodbye to summer and prepare for what’s ahead.

Assess your garden. Take advantage of this break in between seasons to assess your garden. What worked or didn’t work in your garden this year? Is your perennial bed getting too shady? Do your trees need to be pruned and limbed up to allow more light? How did your lawn fare over the summer? Is your irrigation system functioning properly? Does your soil need to be amended or improved? Staying on top of all the changes in your garden and implementing the appropriate modifications will keep your outdoor space healthy, lush and thriving.
Plan your fall garden. Before you plant anything new in your garden, make a list of plants you want to try (perennials, annuals, trees, shrubs and vegetables) and make sure you know the proper planting times for each one in your area.
Use graph paper to plot out any new garden beds — doing so will help you to accurately plan plant quantities and spacing.
Determine if any organic matter is needed to amend your existing soil. Then use peat, compost, compost manure or sand to get the desired consistency for plant health.
Cut back struggling perennials. Although it may not be time to cut back all perennials, it’s safe to prune those plants that have struggled through the summer heat. Use bypass pruners (hand pruners with blades that overlap when they cut) to remove any dead, diseased or dying growth on your perennials. This will give your garden a neater, more tended-to appearance going into fall and will help keep diseases at bay.

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contemporary kitchen by BLANCO

Start a compost pile. Choose a fairly sunny site with some dappled shade for your pile, if you are starting a new one. Piles in full sun may dry out too quickly, while piles located in too much shade will stay too wet.
Gather materials to mix:

  • leaves
  • plant clippings
  • old potting soil
  • grass clippings
  • kitchen scraps, like eggshells, coffee grounds, and fruit and vegetable peelings

Aim for a ratio of 1 part green materials (grass clippings, kitchen scraps) to 1 to 2 parts brown materials (dead leaves and plants).
Layer materials in a pile, moisten it with water and turn all the ingredients to mix them. Continually add to your pile and every week or so moisten and mix to ensure everything is breaking down as quickly as possible.

Clean up the vegetable garden. Now’s the time to clear out old and languishing vegetables from your warm-season garden. If you leave summer squash, tomatoes, cucumbers and melons in your garden too long after they cease to be productive, they can develop a powdery mildew, which can spread to other plants. Be proactive and clean out old edibles to get ready for cool-season greens, squashes and herbs.
More: Regional garden checklists

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City View: Seattle Design Reveals Natural Wonders

Love of the local landscape, along with a healthy respect for the environment, runs through this city’s architecture and interior design. Written by Becky Harris.

When I think of Seattle, I think of the Space Needle, sleeplessness on a houseboat, Starbucks, Singles, Soundgarden, and spitting rain. Realizing this was probably a very weak and stereotypical way to describe one of my favorite cities, I decided to dig deeper and talk with architects and designers in the Pacific Northwest to get an accurate picture of the Seattle design scene.

Seattle designers universally agree that the area’s unique geography and climate are the strongest influences upon design.  The striking beauty of their surroundings inspires blurring the lines between indoors and out, arranging rooms “upside down” (more on that later), utilizing rain screens and living in homes that float atop the water. Other priorities in Seattle design are a profound concern for the environment, relaxed and outdoorsy lifestyles, and respect for local materials and craftsmanship. The combination of these influences results in residential designs that are unique to the region. Here are seven factors that help make Seattle design distinct.

1. Sustainable design.
“A misconception about design in Seattle is that solar doesn’t work,” says architect Jim Burton. “In fact, Seattle has more usable solar, on an annual basis, than Germany, which has the most solar per capita in the world. With the current federal and state incentives for doing photovoltaic or solar thermal, it makes a lot of economic sense too.”
The passive house is the next wave here, he says. “There’s a strong, growing P.H. community in the Northwest, and our climate really lends itself to this.”
A desire to live more efficiently manifests itself in overall scale as well as smart details. Architect Nils Finne characterizes Seattle style as “not showy, with an understated and restrained sense of style — small houses, not McMansions.”
modern exterior by Dan Nelson A.I.A.   Designs Northwest Architects

“Sustainability has become an integral part of how we design our buildings,” says architect Dan Nelson. “Rain screen systems [one is seen on this floating house] are frequently used on the exterior envelope to protect against water intrusion.”
“We are seeing an increase in the use of high-quality, low-maintenance  and environmentally friendly Trespa panels for exterior cladding and decorative facades,” says Rich Nord of RGN Construction. “We use a rain screen system with the panels, which provides the perfect combination of style and function for our Seattle weather.”
2. Making the most of the spectacular geography of the area, as well as maximizing natural light.
“The city and region are topographically varied, and the resultant slopes allow for a variety of mountain, water and city views,” says architect Allan Farkas.  “Thus, when given the opportunity, we tend to design to take maximum advantage of the views. In some cases this has involved doing what we’ve been calling an ‘upside-down’ house, with the main living spaces on the top floor and the bedrooms below.”
Architect Finne agrees. “Here in the Pacific Northwest, natural light is a precious commodity, and the interiors of my projects are filled with a soft, diffuse daylight that usually comes from high clerestory windows. During the daytime hours, many of my clients do not need any artificial lights at all — the ultimate energy conservation measure,” he says. “The high windows are also often operable, so that during the summer months, we can take advantage of natural ventilation.”
“Strategies are blurring the boundary between the inside and outside — for example, running materials and/or design elements continuous from indoors to out, the use of natural materials, maximizing natural light and passive solar heating,” says Burton.
Architect Regan McClellan agrees, noting that Seattle’s architectural style has “strong responses to views, light and the use of natural materials to reflect the surrounding landscape.  Large window areas fully embrace views and also let in natural light, especially during our dark winters.”
“Typically this results in single-pitch roofs that open up the view on the high side, and on the downslope side provide a more intimate scale,” continues McClellan.  “We almost exclusively use a palette of materials and colors that is nature based to reflect the colors and textures that are found in the Pacific Northwest landscape.”
3. The climate is a large influence upon Seattle lifestyles and design, but not really in the way you might think.
“One misconception is that it always rains and so we don’t go outside,” says Farkas. “The truth is that while it stays gray for much of the winter, it rarely rains hard and doesn’t get that cold.  So, you put on a rain jacket and go about your business.  Similarly, if you have a good roof overhang and some wind protection, outdoor spaces can be used year-round.  Also, the summers are glorious: long days and no rain — we haven’t had a drop in 44 days. Yet another reason for usable outdoor space.”
“We do in fact get rain, and attention needs to be paid to it,” Farkas adds. “Roof overhangs and well-detailed gutters and downspouts can turn a necessity into an amenity.”
4. Relaxed and outdoorsy lifestyles.
Seattle’s laid-back attitude shows through in architecture. “Our dwellings tend to have open floor plans that reflect the casual lifestyle of Northwest living,” says Nelson. “Living spaces open up to the spectacular views of mountains, water and lush vegetation.  It is common for modern Seattle homes to have large expanses of glass opening up to the views. It is also common to have operable glass walls — Nana walls — or glass overhead doors opening up to outdoor rooms, terraces or gardens.”
McClellan also notes a movement toward less formal homes. “We’re not seeing separate formal living rooms, dining rooms and kitchens,” he says. “Instead these spaces are combined both physically and visually to create a less formal experience.”
5. Use of local materials, including lots of wood from the region.
“I’d say the honest use of wood is a strong component of the Seattle style. “Honest” meaning using it in a way that serves a function, along with being beautiful,” says Burton. “Wood rain screen is one way to achieve this. Also, we use deep overhangs to protect the houses from our rainy winters.”
Burton used both a wood rain screen and deep overhangs on this project. Here is a closer look at the rain screen siding.
Nelson also notes the wealth of natural materials in the region and its influence on the architecture. “Our dwellings tend to be constructed of natural materials such as cedar and fir,” he says.  “The structure is frequently exposed on the interiors.”
He adds that “now there is a tendency to use wood along with steel and concrete.  It is common to expose steel beams along with wood floor joists and beams.”
“Seattle is surrounded by gorgeous native Pacific Northwest stands of Douglas fir, red cedar and, further north, Alaskan yellow cedar,” says Finne. “Wood brings warmth and a natural touch to exterior and interior.”
“I think what makes a design distinctly Seattle is more the Northwest style of mixing the natural elements we are so lucky to be surrounded with here in the Pacific Northwest,” says interior designer Beverly Bradshaw. “Using stone and wood, along with glass and iron, as there are so many talented artisans here in Seattle that work with all those mediums.”
6. The natural color palette of the region.
Bradshaw believes that working with the natural color palette is the best way for interiors and the natural light to complement each other. “The colors of the sky, water, earthy tones and green from the trees we are surrounded by helps to bring in the Northwest look,” she says.
Interior designer Karla Tewes likes to respond to Seattle’s climate and colors another way: with bright color. “I would say that a trend on the rise in Seattle is the use of color,” she says.
“You may wear black every day and the sky may be gray most of the year, but nothing changes a mood like a fresh pop of color in your home,” says Tewes.
7. Influence of the region’s corporations.
According to Nelson, local megabusinesses influence aesthetics as well. “The coffee culture of Seattle — the Starbucks aesthetic — and Microsoft — the integration of technology — have certainly made an impact on contemporary Seattle design,” he says.
Finne mentions the influence of local corporations as well, in particular that of the highly sophisticated aerospace industry — that is, Boeing. He notes “the use of sophisticated CNC machines [and] highly sophisticated water jet, milling and machining shops” in residential design, particularly for the details.
modern  by FINNE Architects

However, this use of technology has not affected local designers’ high regard for craftsmanship or the availability of highly skilled local craftspeople. Finne notes concern for craft and detail in Seattle’s architecture, which results in “long-lasting construction designed to weather gracefully.” This is a classic sustainable way to approach design. “If we consume less but make sure that we do choose thoughtfully designed, well-crafted objects and environments, we are on the path to a sustainable future,” he says.
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Photos of Gasworks Windermere Real Estate Built by RGN Construction

Check out more RGN Construction commercial, residential, and remodel photos here or contact us here.

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Photos of Lake Goodwin Cabin Built by RGN Construction

Interior Design by Mandy Callaway
Interiors Photography by Taylor Callaway
Built by RGN Construction

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