Schaumburg, IL Real Estate News

By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Sheffield Estates Schaumburg, Market Update - May 31st, 2016As of 5/31/2016, there are 14 Homes on the market in Sheffield Estates Schaumburg, with an average list price of $345,464. Highest priced property on the market with 4 bedrooms, 2 full baths, 1 half bath and 2,350 sqft of living area is listed at $439,000. Lowest priced property with 4 bedrooms, 2 full baths, 1 half bath and 1,600 sqft of living area is listed at $279,000.Active Listings: 6Under Contract Listings: 8Looking for a Property in Sheffield Estates?Interested in finding Homes for Sale in Sheffield Estates Schaumburg? Click on the link to find all the currently available Homes in this area of Schaumburg.Selling a Property in Sheffield Estates?Interested in finding information on Recently Sold Homes in Sheffield Estates...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Weathersfield Schaumburg, Market Update - May 25th, 2016As of 5/25/2016, there are 45 Homes on the market in Weathersfield Schaumburg, with an average list price of $288,067. Highest priced property on the market with 4 bedrooms, 4 full baths, 1 half bath and 3,644 sqft of living area is listed at $784,000. Lowest priced property with 1 bedroom, 1 full bath is listed at $88,500.Active Listings: 18Under Contract Listings: 27Looking for a Property in Weathersfield?Interested in finding Homes for Sale in Weathersfield Schaumburg? Click on the link to find all the currently available Homes in this area of Schaumburg.Selling a Property in Weathersfield?Interested in finding information on Recently Sold Homes in Weathersfield, Schaumburg? Click on the link to find details on Homes sold in thi...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Towne Place West Schaumburg, Market Update - May 18th, 2016As of 5/18/2016, there are 8 Townhomes/Condos on the market in Towne Place West Schaumburg, with an average list price of $190,438. Highest priced property on the market with 3 bedrooms, 2 full baths, 1 half bath and 1,600 sqft of living area is listed at $244,900. Lowest priced property with 2 bedrooms, 2 full baths and 1,200 sqft of living area is listed at $134,900.Active Listings: 5Under Contract Listings: 3Looking for a Property in Towne Place West?Interested in finding Townhomes/Condos for Sale in Towne Place West Schaumburg? Click on the link to find all the currently available Townhomes/Condos in this area of Schaumburg.Selling a Property in Towne Place West?Interested in finding information on Recently Sold Townhomes/Co...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Autumn Ridge Schaumburg, Market Update - May 18th, 2016As of 5/18/2016, there are 4 Townhomes on the market in Autumn Ridge Schaumburg, with an average list price of $288,450. Highest priced property on the market with 3 bedrooms, 2 full baths, 1 half bath and 1,700 sqft of living area is listed at $319,000. Lowest priced property with 2 bedrooms, 2 full baths, 1 half bath and 1,391 sqft of living area is listed at $249,900.Active Listings: 2Under Contract Listings: 2Looking for a Property in Autumn Ridge?Interested in finding Townhomes for Sale in Autumn Ridge Schaumburg? Click on the link to find all the currently available Townhomes in this area of Schaumburg.Selling a Property in Autumn Ridge?Interested in finding information on Recently Sold Townhomes in Autumn Ridge, Schaumburg? C...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Wyndham Cove Schaumburg, Market Update - May 18th, 2016As of 5/18/2016, there are 3 Townhomes on the market in Wyndham Cove Schaumburg, with an average list price of $297,967. Highest priced property on the market with 3 bedrooms, 2 full baths, 1 half bath and 1,719 sqft of living area is listed at $305,000. Lowest priced property with 3 bedrooms, 2 full baths, 1 half bath and 1,720 sqft of living area is listed at $289,000.Active Listings: 3Under Contract Listings: 0Looking for a Property in Wyndham Cove?Interested in finding Townhomes for Sale in Wyndham Cove Schaumburg? Click on the link to find all the currently available Townhomes in this area of Schaumburg.Selling a Property in Wyndham Cove?Interested in finding information on Recently Sold Townhomes in Wyndham Cove, Schaumburg? C...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
Recycle your old Refrigerator and make money too!I can't tell you how many homes I have shown where they have this junker refrigerator hanging out in the laundry room or garage!  If the refrigerator is over 10 years old it is pretty much useless to the new owner & you should dispose of it & get some money to boot. How about recycling that second, old refrigerator and receive $50!   It could also help you save up to $150 a year in electricity. Make your appointment today. You can also call 855-433-2700 between 7am-8pm M-F and 9am-5pm Saturday.   (It's easier to just schedule online - that's what I've done & it's more convenient). Let ComEd recycle your old, working fridge in an environmentally responsible way. We will haul away that old energy hog for FREE and give you $50. We’ll take wo...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Lexington Fields Estates Schaumburg, Market Update - May 16th, 2016As of 5/16/2016, there are 2 Homes on the market in Lexington Fields Estates Schaumburg, with an average list price of $629,950. Highest priced property on the market with 4 bedrooms, 5 full baths and 4,500 sqft of living area is listed at $885,000. Lowest priced property with 3 bedrooms, 2 full baths is listed at $374,900.Active Listings: 1Under Contract Listings: 1Looking for a Property in Lexington Fields Estates?Interested in finding Homes for Sale in Lexington Fields Estates Schaumburg? Click on the link to find all the currently available Homes in this area of Schaumburg.Selling a Property in Lexington Fields Estates?Interested in finding information on Recently Sold Homes in Lexington Fields Estates, Schaumburg? C...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
In the 203K FHA Loan, what types of improvements can I make? Repair/replace roofs, gutters and downspouts. Repair/replace HVAC systems. Repair/replace plumbing and electrical systems. Repair/replace flooring. Minor remodeling such as Kitchens and Baths Painting, both exterior and interior Weatherization Purchase and Installation of Appliances Lead-based Paint Abatement Repair/replace decks, patios, porches Basement remodeling Basement waterproofing Window and door replacement Septic System and or Well Repair All these things can all be included in the 203K FHA Rehab Loan.  All repairs and work must be done by a certified contractor on HUD's approved list.  They are all places that you know and deal with on a regular basis including Lowes and Home Depot as examples.   The loan is used t...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Lions Gate Schaumburg, Market Update - May 15th, 2016As of 5/15/2016, there are 5 homes on the market in Lions Gate Schaumburg, with an average list price of $801,700. Highest priced home on the market with 5 bedrooms, 4 full baths, 1 half bath is listed at $1,150,000. Lowest priced home with 3 bedrooms, 2 full baths and 2,168 sqft of living area is listed at $319,900.Active Listings: 5Under Contract Listings: 0Looking for a home in Lions Gate?Interested in finding Homes for Sale in Lions Gate, Schaumburg? Click on the link to find all the currently available homes in this area of Schaumburg.Selling a home in Lions Gate?Interested in finding information on Recent Home Sales in Lions Gate, Schaumburg? Click on the link to find details on homes sold in this neighborhood of Schaumburg.Rece...
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Real Estate Market Update - Northwest Suburbs - April 2016This is the place to get those Northwest Suburban real estate questions answered!Well another spring market is under way with monthly totals in excess of 2015. Each market is faring differently but I've noticed that days on the market is down from the previous month of March. What about Prices?  Average sales prices continue to be stagnant for the Midwest Area. Illinois price increases came in at 2.7% nationally which is in the lowest range of the national survey.Average Days on the Market came in lower from last month because of the normal accelerated buying season.  One thing that most people forget is that if a house closed in April, the buying process actually started 45 to 60 days earlier. So that means that buyers were out ...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Lexington Fields Estates, Market Update - May 7th, 2016As of 5/07/2016, there are 2 homes on the market in Lexington Fields Estates Schaumburg, with an average list price of $629,950. Highest priced home on the market with 4 bedrooms, 5 full baths and 4,500 sqft of living area is listed at $885,000. Lowest priced home with 3 bedrooms, 2 full baths is listed at $374,900.Active Listings: 1Under Contract Listings: 1Looking for a home in Lexington Fields Estates?Interested in finding Homes for Sale in Lexington Fields Estates, Schaumburg? Click on the link to find all the currently available homes in this area of Schaumburg.Selling a home in Lexington Fields Estates?Interested in finding information on Recent Home Sales in Lexington Fields Estates, Schaumburg? Click on the link to find deta...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Lions Gate Schaumburg, Market Update - May 7th, 2016As of 5/07/2016, there are 5 homes on the market in Lions Gate Schaumburg, with an average list price of $801,700. Highest priced home on the market with 5 bedrooms, 4 full baths, 1 half bath is listed at $1,150,000. Lowest priced home with 3 bedrooms, 2 full baths and 2,168 sqft of living area is listed at $319,900.Active Listings: 5Under Contract Listings: 0Looking for a home in Lions Gate?Interested in finding Homes for Sale in Lions Gate, Schaumburg? Click on the link to find all the currently available homes in this area of Schaumburg.Selling a home in Lions Gate?Interested in finding information on Recent Home Sales in Lions Gate, Schaumburg? Click on the link to find details on homes sold in this neighborhood of Schaumburg.Recen...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
What is the value of experience? When you are a new buyer & have never been through a real estate transaction personally, I think it is priceless. You are looking for an advocate that will help keep you on the correct path & steer you clear of all of life's land mines. What about experience when you are a tenant? It's mostly never written about but a tenant is due the same rights and guidance as a traditional buyer.  The system just seems to be mostly focusing on actually purchasing a property. But what's in this story that I want to share?  You will soon see that it's just as important when you are renting a property as it is when you purchase. Find someone that knows what they are doing & can explain what your duties & rights are with a lease.  It can be just as critical. Story begin...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in  Schaumburg, IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales.Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $50,000 - $99,999 5 60 $100,000 - $149,999 24 71 $150,000 - $199,999 32 75 $200,000 - $249,999 27 128 $250,000 - $299,999 30 87 $300,000 - $349,999 25 82 $350,000 - $399,999 20 82 $400,000 - $449,999 16 53 $450,000 - $499,999 3 183 $500,000 - $549,999 6 137 $550,000 ...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
Weathersfield Lakes is a community of quad homes (group of 4) built by Campanelli Builders in the mid 70's. This subdivision offers close approximation to Volkening Lake for paddle boating in summer & ice skating in the winter months.  There is also a popular walking path around the lake.  The association offers a large clubhouse with party or meeting rooms and an outdoor pool.   There are 3 different models in the subdivision and all offer a private entry and 1 car attached garage. One of the most popular is the ranch style obviously with no stairs.  Each home offers a separate laundry area with storage right off the garage.  Penthouse units offer extra storage area for motorcycles or hobbies if needed in the garage. 2BR 1BA Ranch  ~  1 sold in 1st Q 2016 2BR 1BA Upper Penthouse ~ 2 so...
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By Joe Malvarapu, Keller Williams Realty Infinity
(Keller Williams Realty Infinity)
Homes for Sale in Haverford, Schaumburg ILThere are 4 homes on the market in Haverford subdivision in Schaumburg, with an average list price of $233,150. Highest priced home on the market with 2 bedrooms, 2 full baths and 1,619 sqft of living area is listed at $289,900. Lowest priced home with 2 bedrooms, 1 full bath, 1 half bath and 1,300 sqft of living area is listed at $199,900.Active Listings: 1Under Contract Listings: 3Recent Sales in HaverfordOver the past 6 months, 1 homes were sold in Haverford, at an average sale price of $333,000. During the six month period, highest priced home with 3 bedrooms, 2 full baths, 1 half bath and 1,873 sqft of living area was sold for $333,000 on 11/23/2015. Lowest priced home with 3 bedrooms, 2 full baths, 1 half bath and 1,873 sqft of living area...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
Schaumburg Homes -  Schaumburg IL Real Estate - Housing Market Info March 2016 Looking for current and concise market information for your Schaumburg Home? You've come to the right place so let's delve right into the information. Let's talk about a few key market facets here - the months supply of inventory for Schaumburg Homes has been decreasing. We have 13% less in housing inventory then we did a year ago. There is still much competition and current market time averages 89 days to contract. An excellent indicator that the Schaumburg housing market is continuing to improve is the percentage of homes that go under contract each month. Currently we are at 33% for homes and 42% for townhomes/condos.        What about the Days on Market?  That has improved 30% over last year with the aver...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
Meribel Townhome Sales SummaryMeribel is a great townhome community built in 1993/1994 and located near the intersections of Barrington and Schaumburg Roads just behind and north of Home Depot. (Google map below will take you there and show you around).Meribel is comprised of 2-story styled townhomes each with a private entry and one car garage.  Features and upgrades could include:  9 foot volume ceilings on 1st floor, hardwood floors, over sized windows, lofts, upgraded cabinetry, skylites, vaulted Master Bedroom.  ALL HOMES in Meribel have 2.5 baths and there are only 2 models available.Savoy   2BR 2.5 Baths      Normandy   2BR, Loft, 2.5 Baths, End unit        Meribel is also very popular with commuters to Chicago - they use the Hanover Park Train Station which has plenty of parking...
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By Lyn Sims, Schaumburg Real Estate Agent Retired
Real Estate Market Update - Northwest Suburbs - February 2016 This is the place to get those Northwest Suburban real estate questions answered!Don't worry, we're just getting started - 2015 was the best year for existing-home sales since 2006. There were about 5.3 million homes sold last year nationally, and that was a 6.5 jump from 2014.  I feel that the market will continue to improve throughout the coming year.What about Prices?  Average sales prices continue to be stagnant for the Midwest Area. The graphs below depicts the average prices by region & then by state for 2015. Illinois came in at 2.7% which is in the lowest range of the survey.Average Days on the Market came in unchanged from last month because of the slower winter months that we traditionally have. With our amount of i...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Schaumburg, IL The data lists available homes by price range with average time on market in each range. Included in this list are many Foreclosures and Short Sales.Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $50,000 - $99,999 3 20 $100,000 - $149,999 36 76 $150,000 - $199,999 37 83 $200,000 - $249,999 23 149 $250,000 - $299,999 18 172 $300,000 - $349,999 28 91 $350,000 - $399,999 19 80 $400,000 - $449,999 12 80 $450,000 - $499,999 4 188 $500,000 - $549,999 6 77 $550,000 -...
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