Monday, January 30, 2012

679 Chasewood Drive, South Elgin, IL


View details here Wonderful landscape in the backyard...koi pond, fire pit, paver patio, large trees ...see video here.....UPDATE...this home sold for $360,000 on 5/30/2012. Contact me to see others like it.

Tuesday, January 10, 2012

Price per Square Foot of homes in Thornwood

Price per Square Foot is one way of looking at the value of a home. It is especially relevant when several other factors are relatively equal. Such is the case when comparing properties within one neighborhood. I have compiled a table of all detached single family sales that occurred in Thornwood in the last half of 2011 (7/01/2011-12/31/2011).

Square footage figures do not include below grade areas (finished or unfinished). But the homes that are at the higher end of the range will most likely have higher quality of finish of the above grade areas and most likely have finished basements.

This snapshot will give you an idea of the range of valuation within Thornwood and help you determine where your specific property falls within the neighborhood.

The range for Thornwood is from $92.00 SF - $155.00 SF and the average is $116.00.

Is your home better than average in finish and features? How does it compare to the most recent sales?

You can find out the square footage of any home from your assessor. Here is a link to the St. Charles Township Assessor to find out square footages for Thornwood. Homes north of McDonald Rd. can be found at the Elgin Township Assessor.

Wednesday, January 4, 2012

Townhome stats for 2011

Here is a summary of 2011 stats for the townhomes in the
Thornwood neighborhood.

  • 16 townhomes sold in Thornwood with an average marketing time of 197 days.
  • $128,750 is the Median townhome price.
  • $126,438 Average townhome price.
  • $151,000 is the Highest price townhome sale.
  • $100,000 is the Lowest price townhome sale.

Only 36% of townhomes listed for sale actually sold--- 61% expired. The sold price as a percentage to original list price is 70%.

2011 Statistics for Thornwood

Here is a summary of 2011 stats for the single family detached homes in the
Thornwood neighborhood.

  • 37 Single Family Homes sold in Thornwood with an average marketing time of 196 days.
  • $365,000 Median home price.
  • $380,475 Average home price.
  • $645,000 Highest price home sale.
  • $255,000 Lowest price home sale.

Only 34% of homes listed for sale actually sold--- 66% expired or cancelled. The sold price as a percentage to original list price is 79%.