Naperville & Chicago Suburbs Real Estate BlogRecently posted or modified blog posts by tag - Homes For Salehttps://www.ryanhillgroup.com/blog/Copyright RyanHillGroup.com2024-02-06T04:01:43-07:00tag:ryanhillgroup.com,2012-09-20:7523Why Now Is Still a Great Time To Sell Your House<img src="https://assets.site-static.com/userfiles/3646/image/New-Why_Now_Is_Still_a_Great_Time_To_Sell_Your_House_1.jpg" width="2240" height="1260" />
Navigating the Housing Market with Confidence
If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there. The housing market isn't as frenzied as it was during the ‘unicorn’ years when buyer demand was through the roof, mortgage rates were historically low, and home values rose like we’ve never seen before. But that doesn’t mean the market is at a standstill. Nationally, demand is still high compared to the last normal years in the housing market and plenty of buyers are making moves right now. Here’s the data to prove it.
Showing Traffic Is Up
The ShowingTime Showing Index is a measure of how frequently buyers are touring homes. The graph below uses that index to show buyer activity over the past eight Octobers:
<img src="https://assets.site-static.com/userfiles/3646/image/Great-Time-To-Sell-Graph-1.png" width="960" height="720" />
In the graph, the ‘unicorn’ years are shown in pink. You can see demand has dipped some since then. That’s in response to higher mortgage rates. But, when you compare 2023 to the blue bars on the left that represent the last normal years in the market (2018-2019), you can tell buyers are still more active than the norm. But showing traffic isn’t the only way to see buyer demand is still high. The number of offers other sellers are getting and the average days homes are on the market tell the same story.
Sellers Are Still Seeing Multiple Offers
According to the latest data from the National Association of Realtors (NAR), sellers are receiving an average of 2.5 offers on their houses. Let’s look at how that compares to recent years (see graph below):
<img src="https://assets.site-static.com/userfiles/3646/image/Great-Time-To-Sell-Graph-2.png" width="960" height="720" />
It’s true that’s fewer than the number of offers sellers were receiving during the ‘unicorn’ years (shown in pink). But compared to last year, the number is up slightly. And it’s higher than it was in the more normal, pre-‘unicorn’ years in the housing market too.
Homes Priced Right Are Selling Fast
And it’s not just that sellers are still typically getting multiple offers more than the norm, they’re also seeing their homes sell fast. That’s a direct result of <a href="https://www.ryanhillgroup.com/blog/keys-to-success-for-first-time-homebuyers/" target="_blank">strong buyer demand</a>. According to Zillow: “. . . low inventory levels are spurring surprisingly strong competition . . . demand has remained resilient, and attractive, appropriately priced listings are moving quickly.” To help showcase that homes for sale are still going quickly, let’s look at data from NAR on the median days on the market for this same time of year from 2018 through now (see graph below):
<img src="https://assets.site-static.com/userfiles/3646/image/Great-Time-To-Sell-Graph-3.png" width="960" height="720" />
As the graph shows, this year homes are sitting on the market only slightly longer than they were during the frenzy of the ‘unicorn’ years. And compared to the last normal years in the market, homes are still selling much faster than they did back then. That’s good news for sellers because it means there are eager buyers out there right now.
Bottom Line
You haven't missed your chance to sell at a time when sellers are receiving multiple offers, and homes are selling fast. When you’re ready to sell your house, let’s connect to get the ball rolling.
Call award-winning listing agent, Teresa Ryan, at 630-276-7575, or email <a href="mailto:clientservices@ryanhillgroup.com" target="_blank" aria-label="send an email to clientservices@ryanhillgroup.com" uw-rm-vague-link-id="mailto:clientservices@ryanhillgroup.com$send an email to clientservices@ryanhillgroup.com">ClientServices@RyanHillGroup.com</a> for a complimentary no-obligation consultation today!
Learn about our Home Selling Services, <a href="https://www.ryanhillgroup.com/selling-your-home/" aria-label="Learn about our Home Selling Services, CLICK HERE" uw-rm-vague-link-id="https://www.ryanhillgroup.com/selling-your-home/$click here">CLICK HERE</a>
Get a a free copy of our <a href="https://mailchi.mp/55f69722b952/y05b75ebp5" target="_blank" data-uw-rm-brl="false" aria-label="Home Selling Guide - opens in new tab" uw-rm-external-link-id="https://mailchi.mp/55f69722b952/y05b75ebp5$homesellingguide" data-uw-rm-ext-link="na">Home Selling Guide</a> with all the information, tips, and tools you will need to successfully sell your home in Chicago’s Western Suburbs.
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2023-12-21T14:16:39-07:002024-02-06T04:01:43-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:7332432 Aspen Ct, Naperville, IL 60540 | Home for Sale<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/Elegant-Naperville-Gem-Modernized-4-Bedroom-Sanctuary.jpg" width="2500" height="1667" />
An Entertainer's Paradise in a Prime Location
<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/Elegant-Naperville-Gem-Modernized-4-Bedroom-Sanctuary_2.jpg" width="2500" height="1667" />
Imagine hosting your family and friends in a home that exudes charm and sophistication. This lovely Naperville IL home is not just a house; it’s a lifestyle choice for those who value quality and comfort.
Nestled in a serene cul-de-sac, this property offers a spacious lot with mature trees, creating a picturesque setting for your new life!
With a perfect blend of convenience and privacy, this 4-bedroom haven is a must-see for anyone dreaming of an idyllic suburban lifestyle. Let's embark on a delightful tour of this exquisite home, filled with upgrades and stylish features.
<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/Elegant-Naperville-Gem-Modernized-4-Bedroom-Sanctuary_4.jpg" width="2500" height="1667" />
A Remodeled Masterpiece with Unmatched Elegance
Step inside to discover a world of taste and elegance! Every inch of this home displays quality, from the six-inch base trim and modern three-panel solid core doors to the new millwork around doors, the attention to detail is evident. LED lighting throughout, Moen fixtures, and new triple-pane windows ensure that your home is not just beautiful but also energy efficient.
<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/Elegant-Naperville-Gem-Modernized-4-Bedroom-Sanctuary_6.jpg" width="2500" height="1667" />
A Kitchen That Inspires Culinary Masterpieces
The heart of this home, the kitchen, has been remodeled to perfection with LED lighting, White Shaker cabinets by Homecrest, and premium Calcutta Laza quartz countertops.
The large island with waterfall sides and Kichler pendant lighting adds a touch of modernity. Stainless steel GE appliances, including a double oven with convection and a 5-burner gas cooktop, elevate your cooking experience.
<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/432_Aspen_Ct.jpg" />
Peaceful Sanctuaries for Rest and Relaxation
Unwind in one of the four beautifully appointed bedrooms, each a serene retreat promising restful nights. The primary bedroom (14 x 11) is a dreamy escape, featuring a ceiling fan for comfort, custom closet for organization, and hardwood floors for a touch of elegance. The attached primary bath, with its barn door entry and glass-enclosed shower, is a true retreat.
Bedrooms two and three (12 x 10 each), mirror this tranquility, offering ceiling fans, custom closets, and hardwood floors.
The fourth bedroom (12 x 11) on the lower level, with its cozy carpet and external access, offers versatility and privacy, perfect for guests or a home office. Each room reflects a commitment to comfort and style, ensuring restful slumber and sweet dreams.
All of the three full bathrooms feature white shaker cabinetry, quartz countertops, porcelain tile showers, and floors. Bathroom 2 is a hall bathroom, and bathroom three is on the lower level.
<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/Elegant-Naperville-Gem-Modernized-4-Bedroom-Sanctuary_5.jpg" width="2500" height="1667" />
Living Spaces That Radiate Comfort and Style
The spacious 25 x 14 living room, with its large picture window, offers views of the landscaped front yard and the cozy covered front porch.
Hardwood floors flow throughout, leading you to an open floorplan on the main level.
The dining area, illuminated by a modern chandelier and featuring a sliding glass door to the back patio, is ideal for memorable family dinners and festive occasions.
<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/Elegant-Naperville-Gem-Modernized-4-Bedroom-Sanctuary_23.jpg" />
Step Outside to Your Own Outdoor Oasis
A large stamped concrete patio with a built-in brick fireplace awaits, perfect for gatherings or quiet evenings under the stars. Two sheds provide ample storage for garden tools and outdoor essentials.
This home is a true gem, with a new Lennox AC and furnace, infrared air filtration, an Aprilaire humidifier, and an iComfort smart thermostat. The attic has been re-insulated with R49 insulation, ensuring year-round comfort.
<img src="https://assets.site-static.com/userfiles/3646/image/432_Aspen_Court/Elegant-Naperville-Gem-Modernized-4-Bedroom-Sanctuary_27.jpg" width="2500" height="1667" />
Prime Location for Convenience and Leisure
Located less than 2 miles from Downtown Naperville, this home offers easy access to shopping, dining, and entertainment. It is also close to good schools like Elmwood Elementary and Lincoln Junior High. With the Springbrook Prairie just a mile away, it's perfect for those who love the outdoors.
Additional features of the home include a 2-car garage, laundry area and a 23 x 13 family room all located in the lower level.
Don’t miss out on this opportunity to own a piece of Naperville's finest real estate.<br /><br />Call Mike Loewer or Teresa Ryan, Managing Broker and Team Leader of Ryan Hill Group (Century 21 Circle), at 630-718-0424 to schedule your showing today.
In case you can not view this video here, please click the link below to view Home For Sale: 432 Aspen Ct, Naperville, IL 60540 | Teresa Ryan on my YouTube channel: https://www.youtube.com/watch?v=OHhGnCJl2Kc
A portion of every closing at Ryan Hill Group is given back to the community.
Get Our VIP Easy Move Benefits When You Sell Your Home With Us*
(*ask for details)2023-11-22T19:24:10-07:002023-11-24T13:18:54-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:7026Your Home Equity Can Offset Affordability Challenges<img src="https://assets.site-static.com/userfiles/3646/image/Your_Home_Equity_Can_Offset_Affordability_Challenges.jpg" width="2240" height="1260" />
Is it Time to Sell Your Home?
Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates are high right now, so is home equity. Here’s what you need to know.
Home equity is a term you've probably heard but might not fully understand. Bank rate explains it like this:
“Home equity is the portion of your home that you’ve paid off and own outright. It’s the difference between what the home is worth and how much is still owed on your mortgage. As your home’s value increases over the long term and you pay down the principal on the mortgage, your equity stake grows.”
In simpler terms, it's how much your home is worth now, minus what you still owe on your home loan.
How Much Equity Do Homeowners Have Now?
Recently, your equity has been growing faster than you might think. To help you understand just how much the average homeowner has, Core Logic says:
". . . the average U.S. homeowner now has about $290,000 in equity.”
That’s because, over the past few years, home prices went up significantly – and those rising prices helped your equity to accumulate faster than usual. While the market has started to normalize, there are still more people wanting to buy homes than there are homes available for sale. This high demand is causing home prices to go up again.
According to the Federal Housing Finance Agency (FHFA), the Census, and ATTOM, a property data provider, nearly **two-thirds (68.7%) of homeowners have either fully paid off their mortgages or have at least 50% equity** (see chart below):
<img src="https://assets.site-static.com/userfiles/3646/image/Home-Equity-Teresa-Ryan.png" width="960" height="720" />
That means nearly 70% of homeowners have a tremendous amount of equity right now.
How Equity Helps with Your Affordability Concerns
With today’s affordability challenges, your equity can make a big difference when you decide to move. After you sell your house, you can use the equity you've built up in your home to help you buy your next one. Here’s how:
1. Be an all-cash buyer: If you've been living in your current home for a long time, you might have enough equity to buy a new house without having to take out a loan. If that's the case, you won't need to borrow any money or worry about mortgage rates. The National Association of Realtors (NAR) states:
“These all-cash home buyers are happily avoiding the higher mortgage interest rates . . .”
2. Make a larger down payment:** Your equity could be used toward your next down payment. It might even be enough to let you put a larger amount down, so you won't have to borrow as much money so today’s rates become less of a sticking point. Experian explains:
“Increasing your down payment lowers your principal loan amount and, consequently, your loan-to-value ratio, which could lead to a lower interest rate offer from your lender.”
Bottom Line
If you're thinking about moving, the equity you've built up can make a big difference, especially today. To find out how much equity you've got in your current house and how you can use it for your next home, let’s connect.
Call award-winning listing agent, Teresa Ryan, at 630-276-7575, or email <a href="mailto:clientservices@ryanhillgroup.com" target="_blank" aria-label="send an email to clientservices@ryanhillgroup.com" uw-rm-vague-link-id="mailto:clientservices@ryanhillgroup.com$send an email to clientservices@ryanhillgroup.com">ClientServices@RyanHillGroup.com</a> for a complimentary no-obligation consultation today!
Learn about our Home Selling Services, <a href="https://www.ryanhillgroup.com/selling-your-home/" aria-label="Learn about our Home Selling Services, CLICK HERE" uw-rm-vague-link-id="https://www.ryanhillgroup.com/selling-your-home/$click here">CLICK HERE</a>
Get a a free copy of our <a href="https://mailchi.mp/55f69722b952/y05b75ebp5" target="_blank" data-uw-rm-brl="false" aria-label="Home Selling Guide - opens in new tab" uw-rm-external-link-id="https://mailchi.mp/55f69722b952/y05b75ebp5$homesellingguide" data-uw-rm-ext-link="na">Home Selling Guide</a> with all the information, tips, and tools you will need to successfully sell your home in Chicago’s Western Suburbs.
<a href="https://mailchi.mp/55f69722b952/y05b75ebp5" target="_blank" data-uw-rm-brl="false" aria-label="Real estate photo - opens in new tab" uw-rm-external-link-id="https://mailchi.mp/55f69722b952/y05b75ebp5$realestatephoto" data-uw-rm-ext-link="na"><img src="https://assets.site-static.com/userFiles/3646/image/RHG_Seller_Guide_Spread.png" alt="Real estate photo" data-uw-rm-ima="gn" width="800" height="418" data-uw-rm-alt-original="Real estate photo" data-uw-rm-alt="true" /></a>
2023-09-25T06:00:00-07:002023-09-25T03:40:02-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:6466Unveiling the Home Selling Secrets: How to Make the Most of Your Property's PotentialHow To Make The Most Out of Your Property's Potential
<img src="https://assets.site-static.com/userfiles/3646/image/Home_Selling_Tips.jpg" alt="Home selling" title="How to Make the Most of Your Property's Potential" width="2240" height="1260" />
Selling a house may be a thrilling but challenging process. In addition to attracting potential buyers, you want to make sure that you get the highest price for your house. In this article, we'll provide some helpful insider tips for selling your home, which will enable you to go through the process with confidence and realize the full potential of your home.
These suggestions will put you on the right track for success whether you're a first-time salesperson or looking to improve your selling approach.
1. Boost Curb Appeal:<br />The exterior of your property is the first thing potential buyers will notice, and first impressions count. Maintaining your front yard, painting, renovating the doorway, and making sure the exterior is spotless will all help to increase the curb appeal of your property. Potential buyers will be drawn in right away by a beautiful exterior, which will also enhance their viewing experience.
2. Stage for Success:<br />Your home's appeal to buyers may significantly improve with staging. Depersonalize the area, get rid of the clutter, and establish a calming, inviting ambiance. Adjust furniture placement to make the most of available space, add elegant accents, and check that each area reflects its intended use. Your house's appeal can be increased and its value increased by using professional staging or consulting a home staging specialist.
3. Highlight Key Features:<br />Consider and emphasize your property's unique selling features. Is it a big backyard, a beautiful view, or a brand-new kitchen? In your marketing materials, online listings, and during showings, emphasize these aspects. Make sure to highlight the unique features of your home because buyers often look out for features that distinguish a property from others.
4. Invest in Pre-Listing Repairs and Updates:<br />Consider investing in critical repairs and updates before offering your house. Repair any plumbing or electrical concerns, repair broken fixtures, and repaint the walls. Updating worn-out components, such as appliances or countertops, can also increase value and appeal to prospective buyers. Buyers frequently prefer move-in ready houses, and little upfront investments can generate large returns.
5. Set the Right Price:<br />It is important to accurately price your home. To determine a competitive price, conduct market research and talk with a real estate agent. Overpricing can result in a longer market time and fewer offers, whilst underpricing might result in money being left on the table. A reasonably priced home will attract more buyers and increase interest, potentially resulting in numerous offers and a higher final sale price..
6. Leverage Online Marketing:<br />Online presence is crucial in today's digital age. Make sure your home is listed on reliable real estate websites, and consider hiring a professional photographer to capture the best perspectives of your property. With well-written descriptions, virtual tours, and high-quality photographs, you can entice potential purchasers. Use social media to promote your listing, targeting relevant audiences and increasing exposure.
7. Prepare for Showings:<br />Create an attractive atmosphere to potential buyers when they visit your home. Open the curtains to let in natural light, light fragrant candles, listen to quiet music, and keep the area clean and organized. Consider providing refreshments and responding quickly to any issues or inquiries consumers may have. A positive showing experience can make a lasting impression and boost the chances of receiving an offer.
Conclusion:<br />Selling your property does not have to be a stressful experience. You may improve your property's appeal, attract more buyers, and increase your chances of a successful sale by applying these home-selling techniques. Remember to highlight your home's distinctive characteristics, price it competitively, and take advantage of the power of web marketing. You'll be well on your way to a successful home-selling adventure with careful planning and planned execution.
Sell your Naperville or Chicago suburban home with Naperville's top REALTOR® Teresa Ryan! Call 630-276-7575 today for a no-obligation home sale consultation.
Get Our VIP Easy Move Benefits When You Sell Your Home With Us* (*ask for details)
Ryan Hill Group of Century 21 Circle is proud to announce the Ryan Hill Group Cares program to support area not-for- profit organizations that improve the quality of life in the communities we serve. We will donate a minimum of $500 per sold home to charities we support in the areas of Food, Shelter, Youth and Families, Education and Animal Welfare.
Here’s a free <a href="https://mailchi.mp/55f69722b952/y05b75ebp5" data-uw-rm-brl="false">Home Selling Guide</a> with all the information, tips, and tools you will need to successfully sell your home in Chicago’s Western Suburbs.
<a href="https://mailchi.mp/55f69722b952/y05b75ebp5" target="_blank" aria-label="Real estate photo - opens in new tab" uw-rm-external-link-id="https://mailchi.mp/55f69722b952/y05b75ebp5$realestatephoto" data-uw-rm-brl="false" data-uw-rm-ext-link="na"><img src="https://assets.site-static.com/userFiles/3646/image/RHG_Seller_Guide_Spread.png" alt="Real estate photo" data-uw-rm-ima="gn" width="800" height="418" /></a>2023-07-08T05:00:00-07:002023-07-06T10:26:58-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:48894 Designs in Your Naperville Home that Can Discourage Buyers<img src="https://assets.site-static.com/userfiles/3646/image/Teresa-Ryan-Hill-Group-home-designs.jpg" alt="4 Designs in Your Naperville Home that Can Discourage Buyers" title="4 Designs in Your Naperville Home that Can Discourage Buyers" width="1280" height="854" />
Avoid having these 4 types of design trends in your home
When you are selling your Naperville or Chicagoland home, staging it for potential buyers is different than when you first decorated it to your preferences when you moved in. Think basic and minimal decor for every room.
Too many colors and themes. Gender-neutral color pallets in rooms are best when potential buyers are touring your Naperville home, otherwise, you risk making them run the other way out of disinterest. The important is, that it’s all about what the buyers may have to undo and the time and cost it will take for them to do it. They can get so distracted by patterns or colors being too busy or themed that they can’t look past what they don’t like to see the hidden potential. If you keep things a neutral shade overall, you can still have a decidedly feminine or masculine color or theme you like – but used sparingly in the removable décor you keep behind for buyers to see while they are there – things like cushions, curtains, and other minimal accessories within the room that they know they can replace with their own if they buy your home. And stick to one theme throughout the house, rather than several, for a more unified feel to which buyers respond best.
Elaborate bathrooms. Remodeled bathrooms with all of the latest style trends look good while you are living there, but not necessarily when selling your home. Practicality is the key here because when buyers are touring your home, they are looking for the bottom line: simplicity and the ability to envision how they could best design the space for themselves. If they have to make changes to the bathroom from how you’ve decorated it, it might prove more work than they would want and that alone might make them move on to another Naperville home on the market, instead. Also, having too many bathrooms can be another turn-off for buyers. Who wants to spend all their time keeping them clean? If you have 2-4 bedrooms, 2 ½ bathrooms are plenty.
Concrete flooring. From a minimalist standpoint, a clean and polished concrete floor is practical – but it is also a stark contrast to what most Naperville home buyers want when they are looking for a comfortable, cozy, and safe dwelling. Sure, a concrete surface is durable and doesn’t scratch easily. Still, the elderly, as well as young children, may suffer serious injuries if they trip or fall onto the floor, not to mention anything else that falls can more easily shatter if dropped. Concrete also makes a room feel cold, and if not properly sealed, it can retain moisture, which can grow mildew or mold and make everyone sick.
Overuse of pendant lighting. While they are elegant and trendy, not everyone appreciates using pendant lights – especially when it can get expensive to multiple bulbs on a regular basis. Instead, use recessed lighting and possibly one large pendant light fixture per room, and keep things simple when selling your home. While you definitely want each room to be bright enough, let the new homeowners take it from there as to how they want to customize the fixtures to match their tastes.
Preparing your home for potential buyers might put pressure on you sometimes, but always remember that they always like the feeling of a welcoming home and fresh colors in the eyes. Too much decoration might give them a second thought about the house. When they enter your home, you should make them feel that it’s theirs and they should imagine living there while looking at the stuff that you used for staging.
If you need assistance in selling your Naperville property please do not hesitate to contact us at www.RyanHillGroup.com. Call Listing Agent and Managing Broker of Ryan Hill Group, Teresa Ryan at 630-276-7575 for a no-obligation home sale consultation.
Get a copy of our home<a href="https://mailchi.mp/55f69722b952/y05b75ebp5" target="_blank"> Selling Guide</a> written by Teresa Ryan specifically for homeowners in Naperville and Chicagoland.
<a href="https://mailchi.mp/55f69722b952/y05b75ebp5" target="_blank"><img src="https://assets.site-static.com/userfiles/3646/image/RHG_Seller_Guide_Spread.png" width="800" height="418" /></a>2022-10-07T07:00:00-07:002022-10-06T04:14:30-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:48944 Tips for Renting Out Your Naperville Property<img src="https://assets.site-static.com/userfiles/3646/image/ryan-hill-group-4-tips-for-renting-out-your-naperville-property.jpg" alt="Renting Naperville House" title="4 Tips for Renting Out Your Naperville Property" width="800" height="533" />
Here are 4 things you need to know before you decide to become a landlord.
Owning a home or property of any kind is an investment for your portfolio. By thorough planning ahead of time, you can very easily turn your Naperville home or apartment into a rental property that yields a solid return. How well do you know the real estate market and your neighborhood?
Know tenants’ rights. Under Illinois law, <a href="https://www.nolo.com/legal-encyclopedia/overview-landlord-tenant-laws-illinois.html" target="_blank">tenants have </a>rights by which you must abide. Knowing what these are will save you from being sued, but they are also there to protect you, as the landlord. There are specific timelines you must follow for things such as nonpayment, an increase in rent, or eviction. Such rights and others exist so that safe and satisfying conditions are met on both sides, which will ultimately save you from misunderstandings, or a variety of financial setbacks. So know what rights your tenants have ahead of making any decisions regarding your property!
Calculate your net operating income. Your net income is what you receive after State and Federal taxes are deducted from what you have earned in full. Similar to how a paycheck stub shows a gross amount but the check amount is less after taxes are taken out, you will have to figure out what your net operating income is each month, which is what you have earned once you have deducted taxes, as well as any fees or services that have been paid for that pertain to the rental property.
The current values of rentals in your Naperville neighborhood and surrounding vicinity. As a homeowner, it can be challenging to be less subjective when it comes to what you think your property’s value is and what the market shows. Especially if you have lived on the premises, or have put a lot of effort into maintaining it and getting it ready for renters, your opinion of its worth may very well be higher than what it actually is. Before you set the price too high, do your homework and research the area for a full look at what the rest of the neighborhood averages, including other properties with similar attributes to yours.
Know the particulars of your year-end taxes. If you own this and other residential properties, then you will not just be paying property taxes, but also will need to pay income taxes for those properties from which you will have earned a profit in the calendar year. Your record-keeping must be thorough when reporting all of these things on your taxes, as it is subject to auditing by the IRS at any time.
Your rental property<br />Is being a landlord really worth your time and effort? That depends on your specific situation. But by weighing your options as you consider turning your Naperville home into a rental, you will have a clear picture of the bottom line: what will yield a smarter return on investment for you?
If you need assistance in buying or selling your investment property, please do not hesitate to contact us at <a href="https://www.ryanhillgroup.com/contact-us/">www.RyanHillGroup.com</a>. Call the Listing Agent and Managing Broker of Ryan Hill Group, Teresa Ryan at 630-276-7575 for a no-obligation consultation.
2022-10-01T07:00:00-07:002022-09-29T13:47:52-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:4751Tips on Staging Your Chicagoland Suburban Home for SalePlanning to sell your home in Chicagoland’s suburbs? You'll want to make sure that it's staged in a way that will appeal to potential buyers. Home staging can be the difference between selling your home quickly and having it sit on the market for months. In this blog post, we will discuss some of the most important steps you can take for staging your home for sale.
One of the most important aspects of home staging is making sure that your home is clean and clutter-free. Buyers want to be able to imagine themselves living in your home, and it's difficult to do that when your personal belongings are everywhere. Take some time to de-clutter each room in your house, and make sure that all surfaces are clean.
Statistically, home staging increases interest in your home, leading to more showings. It is also known to increase the perceived value of homes at the time of sale. Since most buyers are showing their homes online for the first time, the staging also helps them communicate the features of the home in the best possible way.
Here are some tips you can implement to make your home stand out on the market.
<img src="https://assets.site-static.com/userfiles/3646/image/Home-Staging-Tips-1.jpg" width="1429" height="954" />
1. Lights On - Make sure all lights are on and the bulbs are fine. Add table and floor lamps in dark rooms. A bright room has a positive effect on the buyer.
<img src="https://assets.site-static.com/userfiles/3646/image/Home-Staging-Tips-2.jpg" width="1429" height="954" />
2. Furniture Layout - Another is to arrange the furniture in a way that welcomes conversation. Consider removing furniture from walls when staging. Angle your furniture toward each other and don't worry if you're watching TV. Arrange the rooms in a way that maximizes the appeal of the home, especially for photos. You can always move your pieces later.
<img src="https://assets.site-static.com/userfiles/3646/image/Home-Staging-Tips-3.jpg" width="1429" height="954" />
3. No Dead Space - Please use all the rooms. Do not leave blanks empty. If the space is empty, the buyer cannot allocate it as valuable or as an asset. Create a workspace, an extra bedroom, or bring an extra desk and some art supplies to set up a craft room.
<img src="https://assets.site-static.com/userfiles/3646/image/Home-Staging-Tips-4.jpg" width="1280" height="1920" /><br /><br />4. Neutral Rules - Painting is an easy task for many people, but more and more buyers don't want to face the difficulty. Creating a fresh, neutral palette allows shoppers to imagine simply bringing their stuff into the area, adding an element of lightness.
5. Fix It - Finally, consider that little "to do", deferred maintenance, or "honey do" list items should be at the top of your preparation list. Paint and caulk the areas that need touch-ups. Leave the carpet cleaning to the professionals. Any item that can tell the buyer that the home is well taken care of.
These are a few effective tips for preparing to stage. Double-check the second part of your list to make sure your home is perfectly positioned to attract homebuyers' interest.
If you need assistance in selling your Naperville property please do not hesitate to contact us at <a href="https://www.ryanhillgroup.com/contact-us/" data-uw-rm-brl="false">www.RyanHillGroup.com</a>. Call Listing Agent and Managing Broker of Ryan Hill Group, Teresa Ryan at 630-276-7575 for a no-obligation home sale consultation.
Get a copy of our <a href="https://mailchi.mp/55f69722b952/y05b75ebp5">Home Selling Guide</a> written by Teresa Ryan specifically for homeowners in Naperville and the surrounding suburbs.
<a href="https://mailchi.mp/55f69722b952/y05b75ebp5" target="_blank"><img src="https://assets.site-static.com/userFiles/3646/image/RHG_Seller_Guide_Spread.png" width="800" height="418" /></a>2022-08-10T12:13:00-07:002022-08-10T16:41:40-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:44636765 County Line Lane, Burr Ridge, IL 60527 | Two-story Home for SalePrivacy, convenience and fun collide in this stunning two-story home
Set in a serene neighborhood with many accessible amenities nearby, the location of this Burr Ridge IL home is perfect! This one-of-a-kind two-story property is minutes away from parks, restaurants, coffee shops, and top-rated schools like Elm Elementary School and Burr Ridge Middle School.<br /><br />Aside from its ideal location, this spacious 4593 square feet property has everything you need to live conveniently. The living areas are spacious, well-lit, and adjacent to each other, making it easier to relax and move around the home. The living room, family room and dining area are all carpeted while the updated kitchen is decorated by beautiful ceramic tiles. All these areas have large windows which welcome the fresh air in and provide an easy access to the picturesque view outside.
<br />This charming <a href="https://www.ryanhillgroup.com/blog/6765-county-line-lane-burr-ridge-il-60527-home-for-sale/">Burr Ridge home</a> also features 5 cozy bedrooms, 3 full bathrooms and 2 half bathrooms, most of which can be found on the upper level. There is also a walkout basement where there is a recreation room, den and sitting room all available for you to customize. The backyard is perfect for almost any outdoor activity. It features an inground pool, deck, balcony, and a vast greenery where loved ones or pets can run around.
6765 County Line Lane, Burr Ridge, IL 60527 | Two-story Home for Sale
Don’t miss the chance to be the new owner of this rare gem!
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Call me, Teresa Ryan, Managing Broker and Team Leader of Ryan Hill Group (Century 21 Affiliated), at 630-718-0424 to schedule your showing today.
<br /> Overview<br /> <a href="https://listings.realbird.com/Real-Estate/6765-County-Line-Ln-Burr-Ridge-IL-60527/Burr-Ridge/IL/O4R3D6R8/603081.aspx?tab=maps" target="_blank">Maps</a><br /> <a href="https://listings.realbird.com/Real-Estate/6765-County-Line-Ln-Burr-Ridge-IL-60527/Burr-Ridge/IL/O4R3D6R8/603081.aspx?tab=photos" id="photoTabLink" target="_blank">Photos</a><br /> <a href="https://listings.realbird.com/Real-Estate/6765-County-Line-Ln-Burr-Ridge-IL-60527/Burr-Ridge/IL/O4R3D6R8/603081.aspx?tab=features" target="_blank">Features</a><br /> <a href="https://listings.realbird.com/Real-Estate/6765-County-Line-Ln-Burr-Ridge-IL-60527/Burr-Ridge/IL/O4R3D6R8/603081.aspx?tab=description" target="_blank">Description</a><br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /><br /><br /><br /><br /><br /><br />
$749,900
Single Family Home
Main Features
5 Bedrooms<br />3 Full Bathrooms<br />2 Half Bathrooms<br />Interior: 4,593 sqft<br />Lot: 0.44 acre(s)<br />Year Built: 1969<br />
Location
6765 County Line Ln<br />Burr Ridge, IL 60527<br />USA
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Teresa Ryan - Real Estate Broker
<br />Ryan Hill Group (Century 21 Affiliated)<br />(630) 718-0424<br /><a href="mailto:ClientServices@RyanHillGroup.com">ClientServices@RyanHillGroup.com</a><br /><a href="http://www.RyanHillGroup.com" target="_blank">http://www.RyanHillGroup.com</a><br /><br /><a class="nohover" rel="nofollow" title="Connect on Facebook" href="https://www.facebook.com/RyanHillGroup" target="_blank"><img src="https://listings.realbird.com/3rd/icons/social/facebook.png" border="0" alt="Facebook" /></a> <a class="nohover" rel="nofollow" title="Follow us on Twitter" href="https://twitter.com/ryanhillgroup" target="_blank"><img src="https://listings.realbird.com/3rd/icons/social/twitter.png" border="0" alt="Twitter" /></a> <a class="nohover" rel="nofollow" title="See our LinkedIn profile" href="https://www.linkedin.com/in/teresaryanrealtor" target="_blank"><img src="https://listings.realbird.com/3rd/icons/social/linkedin.png" border="0" alt="LinkedIn" /></a> <a class="nohover" rel="nofollow" title="See our videos on YouTube" href="http://bit.ly/RHGChannel" target="_blank"><img src="https://listings.realbird.com/3rd/icons/social/youtube.png" border="0" alt="YouTube" /></a> <a class="nohover" rel="nofollow" title="Meet us on ActiveRain" href="http://activerain.com/tryan" target="_blank"><img src="https://listings.realbird.com/3rd/icons/social/activerain.gif" border="0" alt="ActiveRain" /></a> <a class="nohover" rel="nofollow" title="See our Trulia profile" href="https://www.trulia.com/profile/teresa-ryan-agent-naperville-il-zgn6wlgf/overview" target="_blank"><img src="https://listings.realbird.com/3rd/icons/social/trulia.png" border="0" alt="Trulia" /></a> <a class="nohover" rel="nofollow" title="See our Zillow profile" href="https://www.zillow.com/profile/Ryan-Hill-Group/" target="_blank"><img src="https://listings.realbird.com/3rd/icons/social/Zillow.png" border="0" alt="Zillow" /></a>
<br /><br />Listed by: Ryan Hill Group (Century 21 Affiliated)<br /><br />
Our recent listings
<a href="https://listings.realbird.com/O4R3D6R8/603081.aspx" target="_blank">6765 County Line Lane, Burr Ridge, IL 60527 | Two-story Home for Sale | $749,900 | Burr Ridge, IL</a><br /><a href="https://listings.realbird.com/O4R3D6R8/601141.aspx" target="_blank">FOR RENT! 1010 Burlington Ave 2411-A1, Lisle, IL 60532 | $2,144 | Lisle, IL</a><br /><a href="https://listings.realbird.com/O4R3D6R8/599020.aspx" target="_blank">FOR RENT! 4755 Main Street 1513-A2, Lisle, IL 60532 | $1,973 | Lisle, IL</a><br /><a href="https://listings.realbird.com/O4R3D6R8/600743.aspx" target="_blank">NEW LISTING! 2617 Mark Carre Ct, Lisle, IL 60532 | Homes For Sale in Lisle IL | $359,000 | Lisle, IL</a><br /><a href="https://listings.realbird.com/O4R3D6R8/601714.aspx" target="_blank">2006 Squire Cir, Yorkville, IL 60560 | Home for Sale | $500,000 | Yorkville, IL</a>
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Nearby properties for sale
<br /><br /> <a href="http://www.realbird.com/?refID=39444" target="_blank" title="Powered by RealBird.com"><img src="https://listings.realbird.com/images/poweredby_realbird.gif" alt="Powered By RealBird.com" style="border: 0px;" /></a> <br /><br /> <img src="https://listings.realbird.com/images/EqualHousing.gif" />2022-06-08T11:50:00-07:002022-06-08T11:52:17-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:4173Hobson West is a Family-Friendly Neighborhood<img src="https://assets.site-static.com/userfiles/3646/image/Hobson-West-is-a-Family-Friendly-Neighborhood-Teresa-Ryan-Photo1.jpg" alt="Neighborhood" title="Hobson West Neighborhood" width="1280" height="853" />
Naperville is ranked as one of the best cities to live in America. Because of having a small population of only 140,000, the city can focus on quality education, a strong economy, and close-knit neighborhoods in which there are plenty of desirable homes for sale. If you are looking for a new single-family home in the Naperville area, the subdivision of Hobson West is a good place to start!<br /> <br />At <a href="https://www.ryanhillgroup.com/naperville/hobson-west-homes-for-sale/" target="_blank">Hobson West</a>, prices are affordable for such a popular area within the Naperville Community Unit School District 203, whose dedicated staff and diverse opportunities for students make families gladly recommend the reputable schools of Elmwood Elementary, Lincoln Jr. High, and Naperville Central High.
Considered the “friendliest” of all Naperville’s subdivisions, Hobson West residents enjoy social interaction with their neighbors on a regular basis and hold organized events for residents and the community at the clubhouse. These include Easter egg hunts, swim meets (for both the Hobson West water polo team, as well as the Hobson West Waves, swim team), tennis lessons, block parties, and many more.
Homes in Hobson West
Back when the subdivision was developed in the 1960s, it had once been part of the Clarke farm; completion of the majority of the homes here was finished in the 1980s, all of which are a mix of colonial and traditional architecture, with up a half an acre of land per plot. The spacious homes currently for sale are anywhere from 1,200 to 4,000 square feet in size and range from $360Ks to $500s. Because homeowners take pride in the upkeep of their homes and lawns, property values continue to hold steady, and the neighborhood as a whole is safe, clean, and inviting for all.
Discovering the City of Naperville
Like other subdivisions in Naperville, Hobson West has its own greenspaces nearby: including Hobson West Park and Hobson West Ponds for picturesque strolls around the neighborhood, and Ron Ory Community Garden Plots where you can plant your own garden, or visit Springbrook Prairie Forest Preserve, Sportsman’s Park, William Freidrich Memorial Park, or Gartner Park. If you want to venture out further, you don’t have to go that far to visit downtown Naperville. Attend live theatre productions, concerts, and art shows at North Central College, catch up on your summer reading at the Naperville Public Library, cool off at Centennial Beach, or explore Naper Settlement, the Millennium Carillon, DuPage Children’s Museum, and the Riverwalk with your family. And, coming soon, the Water Street District will be opening new shops, restaurants, and services in the area.
Search ➡️ <a href="https://www.ryanhillgroup.com/naperville/hobson-west-homes-for-sale/" target="_blank">Hobson West Homes for Sale</a>
Are you interested in Naperville homes for sale? Call Listing Agent and Managing Broker of Ryan Hill Group, <a href="https://www.ryanhillgroup.com/agents/teresa-ryan/" target="_blank">Teresa Ryan</a> at 630-276-7575 for a no-obligation consultation.
Get a copy of our <a href="https://mailchi.mp/e82a65a97e49/5lnwo86bgf" target="_blank" data-uw-styling-context="true" data-uw-rm-brl="false" aria-label="Home Buyer Guide - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://mailchi.mp/e82a65a97e49/5lnwo86bgf$homebuyerguide">Home Buyer Guide</a> written by Teresa Ryan for Chicagoland home buyers, visit: <a href="https://mailchi.mp/e82a65a97e49/5lnwo86bgf" target="_blank" data-uw-styling-context="true" data-uw-rm-brl="false" aria-label="FREE Home Buyer's Guide - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://mailchi.mp/e82a65a97e49/5lnwo86bgf$freehomebuyer'sguide">FREE Home Buyer's Guide</a>
<a href="https://mailchi.mp/e82a65a97e49/5lnwo86bgf" target="_blank" data-uw-styling-context="true" data-uw-rm-brl="false" aria-label="Real estate photo - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://mailchi.mp/e82a65a97e49/5lnwo86bgf$realestatephoto"><img alt="Real estate photo" src="https://s3.amazonaws.com/files.usmre.com/8461/blog/RHG_Buyer_Guide_Spread.jpg" data-uw-styling-context="true" data-uw-rm-ima="gn" /></a>2022-06-06T12:22:00-07:002022-06-08T01:15:38-07:00Teresa Ryantag:ryanhillgroup.com,2012-09-20:4201Quality Custom Homes at Ashwood Park and Ashwood Creek<img src="https://assets.site-static.com/userfiles/3646/image/Quality_Custom_Homes_iN_Ashwood_Park_and_Ashwood_Creek_Naperville.jpg" width="800" height="457" />
Naperville, divided between Will and DuPage counties, is one of the most prominent cities to live in the State of Illinois, as well as the rest of the U.S. It is no surprise, then, that Naperville has so many wonderful neighborhoods to live in, currently with several available homes for sale.
The Communities of Ashwood Park and Ashwood Creek in Naperville<br />
If you are looking for premier amenities and recreation without having to go further than the subdivision in which you live, visit the side-by-side communities of <a href="https://www.ryanhillgroup.com/naperville/ashwood-park-homes-for-sale/">Ashwood Park</a> and <a href="https://www.ryanhillgroup.com/naperville/ashwood-creek-homes-for-sale/">Ashwood Creek</a>. The variety of custom homes there have been built by some of the biggest names in the Chicagoland area: Centennial Development Corporation, Claybridge Builders Inc., and Reese Custom Residences Inc., to name a few.
<br />Within the community, both subdivisions have several trails to walk or bike, two ponds, and shared access to Ashwood Club – a state-of-the-art recreational facility for residents – and Ashwood Park. These family-friendly features make either neighborhood that much more enjoyable for families of all ages!
At Ashwood Club<a href="https://www.ryanhillgroup.com/property-search/results/"></a>, there is an aquatic center, a clubhouse, and numerous sports courts and activities inside and outside the facility, as well a party room for residents to rent for hosting events. The aquatic center includes a lap pool, adult swimming pool, a water slide, and a kiddie pool; the clubhouse has an exercise facility and an indoor basketball court, as well as a concessions stand; and there are also two outdoor sports courts in which to volleyball, tennis, or basketball. Available year-round, Ashwood Club truly gives everyone a chance to remain active, despite whatever the weather may bring.
Ashwood Park<a href="https://www.ryanhillgroup.com/property-search/results/" target="_blank"></a>, a Naperville District Park, is conveniently located within the community and is another fun place for families to explore. It features an exciting playground for children and a picnic shelter.
The Naperville Life
By living in either Ashwood Park or Ashwood Creek, children can attend Naperville’s award-winning schools in Indian Prairie School District 204, and you are also close to downtown Naperville for more entertainment, as well as choice dining, and endless shopping experiences in the many boutiques and large retailers there. Visit the Riverwalk, dine at many fine restaurants, or learn about Naperville’s history at Naper Settlement. And with the Naperville Water Street District, there are even more of a selection of things to do and see.
Living in Will or DuPage counties offers residents endless parks, recreational activities, entertainment, shopping, and quality homes available in such cities as Downers Grove, Darien, Plainfield, Romeoville, Bolingbrook, Aurora, and Naperville that fall within their boundaries.
Are you interested in living in these areas? Call Listing Agent and Managing Broker of Ryan Hill Group, Teresa Ryan at 630-276-7575 for a no-obligation consultation.
Get a copy of our <a href="https://mailchi.mp/e82a65a97e49/5lnwo86bgf" target="_blank" data-uw-styling-context="true" data-uw-rm-brl="false" aria-label="Home Buyer Guide - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://mailchi.mp/e82a65a97e49/5lnwo86bgf$homebuyerguide">Home Buyer Guide</a> written by Teresa Ryan for Chicagoland home buyers, visit: <a href="https://mailchi.mp/e82a65a97e49/5lnwo86bgf" target="_blank" data-uw-styling-context="true" data-uw-rm-brl="false" aria-label="FREE Home Buyer's Guide - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://mailchi.mp/e82a65a97e49/5lnwo86bgf$freehomebuyer'sguide">FREE Home Buyer's Guide</a>
<a href="https://mailchi.mp/e82a65a97e49/5lnwo86bgf" target="_blank" data-uw-styling-context="true" data-uw-rm-brl="false" aria-label="Real estate photo - opens in new tab" data-uw-rm-ext-link="" uw-rm-external-link-id="https://mailchi.mp/e82a65a97e49/5lnwo86bgf$realestatephoto"><img alt="Real estate photo" src="https://s3.amazonaws.com/files.usmre.com/8461/blog/RHG_Buyer_Guide_Spread.jpg" data-uw-styling-context="true" data-uw-rm-ima="gn" /></a>2022-05-05T13:23:00-07:002022-05-09T05:51:05-07:00Teresa Ryan