issue one
summer 2019
the
PRESORTED STANDARD U.S. POSTAGE PAID PERMIT NO. 1096 CAROL STREAM, IL
H I N S DA LE TI M E S
what to look for in a vacation home page 2
5 updates to consider before selling a home
212 E. Ohio Street, Suite 200 Chicago, IL 60611
page 3
featured listings pages 4-7
If your property is currently listed with another broker, this mailer is not a solicitation for business.
hinsdale market update Summer presents an opportune time for Hinsdale buyers and sellers to make a move. Following is an overview of local market trends.
129
days on market
homes sold in hinsdale ytd
107 / 157
$1,019,533
@properties vs
average sale price
market average
$3,300,000 highest sale so far in 2019
BrokerMetrics LLC, 1-1-19 to 5-31-19, Hinsdale
we’re local. we’re global.
In today’s competitive marketplace, a global marketing strategy is essential for luxury properties. That’s why @properties is an exclusive member of Luxury Portfolio International®, the luxury marketing division of Leading Real Estate Companies of the World®.
Know all the rules Recently many vacation areas have changed the local rules on short-term rentals. Some homes can’t be used as rental properties. Other communities may ban pets or certain activities; each of these could potentially lessen your pool of renters. If you plan to rent out the home at any point you need to know the rules. Again, a local real estate pro can help familiarize you with the relevant ordinances, the homeowners’ association rules and other changes that may be under consideration. Knowing the nuances will help you find a place you can use to its full potential.
what to look for in a vacation home.
written by don shea
With summer beginning, some Hinsdale
homeowners may be thinking about purchasing a vacation property. Luckily, we happen to be just a short drive from some of the best vacation destinations in the region – from Lake Geneva and the surrounding lake areas of Southeast Wisconsin to Harbor Country and St. Joseph, Michigan. Owning a second home is a big decision. As with any major purchase, there are a number of things to take into consideration beforehand. If you are thinking about taking the plunge, here are a few starters to help you find the right home.
Choose the destination carefully This seems obvious, but it’s one of the most important things to take into account. If your goal is to find a place your family and friends can visit frequently, without the headaches of traffic and long delays, the destination needs to be within an easy driving distance. On the other hand, if your goal is to generate rental income, distance may not be an issue but you need to know that the area has strong rental demand. Both options are good. Find a local real estate broker who knows the ins and outs of the community and can give you good insights. Also be sure to spend enough time there yourself, as a visitor, so you know it’s the right fit.
Luxury Portfolio is a unified collection of the world’s most experienced, visible and highly-regarded experts in luxury real estate. Founded in 2005 as the premium division of Leading Real Estate Companies of the World, Luxury Portfolio markets a selection of the network’s extraordinary homes.
Find a property that will suit your lifestyle long term Your personal tastes and lifestyle will dictate the location and, of course, the type of home you purchase. If you live an active lifestyle when you’re on vacation, a home with easy access to recreational activities is definitely in order. If you prefer low maintenance, a condo could be your best bet. A great exercise that can help you decide is to list all your needs and wants. Keep in mind that over time your interests will evolve, and your family and groups of friends may grow. A second home is a decision with long-term implications. You will have the chance to enjoy your vacation property for years to come, so take into consideration how the home can accommodate an evolving lifestyle.
Calculate all the costs There are far more costs to consider than the purchase price alone, from taxes and management fees to routine maintenance, insurance, and utilities. Knowing all the expenses is crucial when it comes to owning a property that isn’t your full-time home. Make sure you are aware of all the costs that come with the property so you aren’t in for any surprises down the road. Have a maintenance plan How will the property be managed when you return home? If your goal is a vacation rental property, you may want to find a local property manager. Not only can they help with maintenance, but some will help find renters and handle tenant requests. These are just a few things to think about during your search. Buying a vacation home is an exciting endeavor, and the more prepared you are, the more seamless and enjoyable the process will be.
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insights neutralize and update the look of homes. “Greige,” a tone that can give the appearance of either light grey or beige, is a great choice.
5 updates to consider
2
before you sell your home
Kitchen improvements. You don’t have to completely gut your kitchen to give it a move-in ready look. For a minor remodel, consider refacing or repainting outdated cabinets and drawers or installing new hardware with a modern design. Cabinets are one of the first things people notice when they walk into a kitchen, and this is a simple way to change their appearance without replacing them entirely. While everyone has different preferences, converting cabinets to white tends to yield the most positive reaction. You can also give your kitchen a facelift by upgrading the light fixtures and appliances, replacing the countertops, or adding a new backsplash.
written by natasha o’connor
One common theme among today’s
homebuyers is that many are looking for a home that’s move-in ready. If you’re planning to sell, here are a few updates that can help give your home an updated look and make it more attractive to buyers: 1
Paint your home. A fresh coat of paint can instantly enhance the appearance of your home and is one of the most cost-effective things you
Lynn Sage lost her battle with breast cancer at age 39. Her daughters, Laura and Halee, established The Lynn Sage Foundation to fund innovative research in her honor. The Lynn Sage Foundation exclusively funds The Lynn Sage Scholars Program at Northwestern and Rush Universities. @properties is proud to partner with The Lynn Sage Foundation as our 2019 beneficiary of @gives back. atproperties.com/atgivesback
can do. Start by focusing on high-traffic areas like main hallways, kitchens and bathrooms. In terms of color, go for something more neutral to ensure your home appeals to the largest number of potential buyers. Light grey or light beige tones are popular among brokers and stagers when they work with sellers to
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Bathroom modifications. While plumbing and electrical upgrades can be costly, smaller bathroom upgrades can still make an impact. If a quick makeover is in order, consider new paint or shelving. Other common upgrades include replacing the vanity, tile, light fixtures and countertops.
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Flooring. Hardwood floors top many buyers’ wish lists due to their appearance and durability. If you already have hardwood floors, refinishing them can quickly elevate the look and feel of your home. Homeowners who want to replace their carpeting have a variety of options, from real hardwood to less expensive alternatives like laminate or engineered wood flooring.
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Exterior improvements. Curb appeal can have a significant impact on how many buyers will be enticed to take a closer look at your home. Attractive landscaping enhances curb appeal and makes a lasting first impression on potential buyers. After all, it’s the first thing buyers will see in person and probably in photos, too. According to Remodeling’s 2018 Cost vs. Value Report, other updates to the exterior of the home such as replacing garage doors and front entry doors can offer the greatest return on investment. It is important to start the conversation with your broker before you are ready to list your home so you can get their advice and ensure that you are making the best first impression when entering the market. For other selling tips, read more on our blog at atproperties.com/blog, and if you’re considering making a move, contact a broker.
hot on the market pages 4-7 >>
atproperties.com · 3
132 S PARK AVENUE, HINSDALE $3,500,000 · 132SPark.info
744 WILSON LANE, HINSDALE $2,399,000 · 744Wilson.info
128 THE LANE, HINSDALE $1,900,000 · 128TheLane.info
115 E 7TH STREET, HINSDALE $1,600,000 · 1157Th.info
925 S BODIN STREET, HINSDALE $1,500,000 · 925Bodin.info
445 S BODIN STREET, HINSDALE $1,200,000 · 445Bodin.info
733 S MONROE STREET, HINSDALE $1,150,000 · 733Monroe.info
126 W 7TH STREET, HINSDALE $1,100,000 · 126W7Th.info
Bryan Bomba · 630.286.9242
4
opportunities
629 HILLSIDE DRIVE, HINSDALE $1,099,000 · 629Hillside.info
2 S QUINCY STREET, HINSDALE $1,399,000 · 2Quincy.info
520 W 4TH STREET, HINSDALE $1,449,000 · 520W4Th.info
418 COLFAX AVENUE, CLARENDON HILLS $1,199,000 · 418Colfax.info
Kim Lotka · 630.533.8800
226 W 9TH STREET, HINSDALE · $2,995,000 Trish Orndoff · 708.655.7947 · 226W9Th.info
41 RED OAK COURT, BURR RIDGE · $524,900 Jennifer Vande Lune · 312.593.8707 · 41RedOak.info
37W756 WOODGATE ROAD, ST CHARLES · $2,499,900 Anne Kearns · 773.230.7555 · Woodgateestate.com
939 CLEVELAND ROAD, HINSDALE · $3,500,000 Claudia Parrillo · 630.816.5927 · 939Cleveland.info
atproperties.com · 5
611 S MONROE STREET, HINSDALE · $895,000 Diane Salach · 630.327.2926 · 611Monroe.info
234 S PROSPECT AVENUE, CLARENDON HILLS · $499,000 Diane Salach / Kristine Oakey · 630.327.2926 · 234Prospect.info
723 S BODIN STREET, HINSDALE · $949,000 Diane Salach · 630.327.2926 · 723Bodin.info
741 S BRUNER STREET, HINSDALE $419,000 · 741SBruner.info Tracey Head · 773.329.5911
436 GOOSENECK COURT, DARIEN $380,000 · 436Gooseneck.info Lynn Issleib · 708.471.8084
835 S MONROE STREET, HINSDALE $1,050,000 · 835Monroe.info
441 E 8TH STREET, HINSDALE $1,050,000 · 4418Th.info
840 S BODIN STREET, HINSDALE $1,050,000 · 840Bodin.info
544 PHILLIPPA STREET, HINSDALE $725,000 · 544Phillippa.info
Bryan Bomba · 630.286.9242
6
opportunities
450 S CLAY STREET, HINSDALE · $1,499,000 Wendy Wight · 630.988.8995 · 450Clay.info
8891 S MADISON STREET, BURR RIDGE · $1,070,000 Wendy Wight · 630.988.8995 · 8891Madison.info
415 S MONROE STREET, HINSDALE · $624,000 Wendy Wight · 630.988.8995 · 415Monroe.info
5750 ALABAMA AVENUE, CLARENDON HILLS · $369,000 Wendy Wight · 630.988.8995 · 5750Alabama.info
Wendy Wight · 630.988.8995
BENTON HARBOR, MI
COVERT, MI
4486 GREENWOOD DRIVE, BENTON HARBOR · $975,000 Wortman Real Estate Group · 269.876.2929 · 4486GreenwoodDr.info
COLOMA, MI
36262 BLUE STAR HIGHWAY, COVERT · $1,090,000 Wortman Real Estate Group · 269.876.2929·36262BlueStarHwy.info
BUCHANAN, MI
45532 BLUE STAY HIGHWAY, COLOMA · $950,000
Wortman Real Estate Group ·269.876.2929 ·45532BlueStarHwy.info
2217 WEST WAGNER ROAD, BUCHANAN · $2,900,000 Renny Mills /Robert Kaufman · 312.243.0716 · 2217Wagner.info
atproperties.com · 7
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920 North York Rd, Hinsdale
retro rad You show your style in many ways, not the least of which is your home. You deserve a broker who gets that; a broker who gets you. At @properties, we relish the challenge of finding you the perfect home, one that fits you like a, well, like a leopard print 1960s dress. So be yourself. We’ll handle the rest.
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