The Purcell Group Real Estate Blog

Welcome to our blog. Our primary focus is to provide you with in-depth insights into the Kane County & St Charles surrounding area real estate market. Our aim is to empower you to make informed decisions whether you're buying, selling, or investing in Kane County real estate. Dive into our posts and remember to subscribe for the latest market updates!

March 1, 2020

St Charles IL Real Estate-503 Oxmoor Court

 

New Listing St. Charles: $625,000- SOLD

This classic, timeless red brick home is one of a kind with "close to town" location nestled on a private .8 acre cul-de-sac with woods and views of wildlife! Home has newer: lights, carpet, tile, A/C and furnace in 2013. Freshly painted exterior and interior 2019. Two-story foyer, 9 foot ceilings, wainscoting, crown molding. Two-story family room with floor-to-ceiling windows on three sides and floor-to-ceiling brick fireplace! Chef's kitchen with large breakfast bar/island, stainless steel appliances and eating area with windows affording seasonal panoramic views of woods and wildlife. Private first floor den has incredible views to make working at home a pleasure! Vaulted master bedroom suite with skylights, walk-in closet, and luxury bath with whirlpool, separate shower and "His" and "Her" vanities with dual sinks. All bedrooms have walk-in closets and access to a bath. The finished English basement offers a large recreation room with above ground windows for added light and an exercise room, bedroom and study area. Walk to St. Charles North, trails, or the Fox River! City water and sewer. Great location with park in subdivision, easy road access in all directions and you CAN FENCE your yard! Make this your "forever" home!

Posted in Listings
Feb. 19, 2020

Number 1 Real Estate Office In Kane County

 

 

If you are looking for the best real estate company in Kane County in 2019---look No further!  Baird & Warner is Number #1 again! Hard work and dedication propels our company to new heights and we want to share that success with you!  Lynn and Eric Purcell, The Purcell Group, also were ranked #1 in Fox Valley Office as #1 Agents again this year---for 23 years in a row!

We strive to provide outstanding service, sell your home in a reasonable amount of time in prevailing market conditions, and negotiate the BEST deal we can for you---whether you are a buyer or a seller. So, why not join the number #1 team in Kane County and make this coming year an outstanding success also!
We love making our clients happy and doing our best.  Call, text, or email to see how we can help you achieve your housing goals. YOUR priorities are OUR priorities!
Thanks so much for helping us be #1 again this year.  Could not do it without you!
Posted in Real Estate Advice
Feb. 14, 2020

St Charles IL Real Estate-40W938 Whitney Road

$524,900

  • 5 Gorgeous Wooded Acres in St. Charles, Total Privacy
  • A Waterfront Property With Rolling Hills, 200 Year Old Oak Tree Canopy 
  • Custom Built Pond, Which Boasts A 3600 Sq Ft Patio With Fire Pit
  • 600 Square Foot Deck Overlooks The Entire Property With A Great Fishing Lake 
  • Hillside Ranch With 4 bedrooms and 3 Full Baths
  • Full Finished Walk-Out Basement

 

 

 

 

 

Posted in Listings
Feb. 6, 2020

St Charles IL Real Estate-3N255 E Mary Lane

 

SOLD IN 2 Days!!!

$409,900

From The Owners:

There are many things we love about our home on East Mary Lane that we will miss dearly as we get ready for new opportunities out of state. We the quiet rural setting, having the windows open at night and hearing the crickets and seeing the fireflies yet, we are less than 5 minutes away from the 3 grocery stores, hospital and doctors are an easy 5-minute drive. We are also within walking distance to a nature preserve with great trails, beautiful nature center, garden plots where you can grow your own vegetables, a dog park, a swimming pool and a water park. It has been great to be able to enjoy these things without ever having to back the car out of the garage.
Having access to our private lake with sand beach and playground is quite the bonus. Our lakes is great for swimming in the summer and ice-skating in winter. We have fished and even paddled a canoe on lazy summer days. We will miss this tranquil setting.
We have made many friends in our 13 years in Lake Charlotte  and it is an exceptional subdivision and group of people. Living here is a pleasure every day..

 

 

Posted in Listings
Feb. 4, 2020

St Charles IL Real Estate-1020 S 10th Avenue

SOLD

New Listing $229,900

Updated ranch, close to town, with on-trend white trim, gray paint, and neutral carpeting. Living room opens into kitchen with stainless steel appliances, tons of cabinetry, and dining area boasting fabulous panoramic vistas. Vaulted three-season sun room with beamed ceiling—you will enjoy relaxing, eating your BBQ, and entertaining by moonlight! Master bedroom has double door closet and hardwood flooring. Bedrooms 2, 3, and 4 all have double door closets & several have ceiling fans..large first floor bath offering tub/shower...Finished basement with ample recreation room , full bath, and storage...good-sized backyard and deck for entertaining, playing ball, or gardening! Close to town, river, restaurants, and shopping.. Make this you next home! Walk to all parades & festivals—enjoy life!

Posted in Listings
Feb. 4, 2020

Wayne IL Real Estate: 33w675 Mare Barn Lane

SOLD!!!

WOW THIS PROPERTY IS INCREDIBLE:  $649,900

 One-of-a-kind estate property in Wayne on a prestigious wooded, private 4.3 acres of lush landscaping & expansive green lawn. Over 5000 sq ft of finished living space with tons of upgrades, updates, & 5 fireplaces! From the moment you enter the gracious foyer, you know you are home! Gourmet kitchen with cream cabinetry, granite, SS Thermador & Bosch appls., vegetable sink, center island, & shelf pantries. First floor Master bedroom addition w/HW, FP, "His" & "Her" baths w/separate shower & other has tub/shower, large vanity w/dual sinks, lots of built-in cabinetry & separate closets! Fabulous FR w/FP & incredible views! Vltd den w/flr-to-ceiling FP. BR2 & BR3 are "ensuites," & BR4 & 5 share Jack-and-Jill bath. Fin Walk-out basement has rec rm w/huge stone FP & 3 sets of doors to stone patio, game rm, exercise rm, wine cellar, dog shower, & storage! Magnificent screened porch w/stone FP to enjoy the gorgeous manicured grounds & wildlife. 

Posted in Listings
Jan. 21, 2020

2019 Year End Market Trends

 

Here is the 2019 Year End Report from the MLS for the Fox Valley and surrounding areas...Year-To Date sale of homes is down in most towns from 2018 to 2019...However, there was a LARGE flurry of buying in the end of November through  now, which will close in 2020.

Interest rates are stable and sometimes dipping daily (so keep in touch with your mortgage broker or banker, if interested in purchasing this Spring) for a short time. The lesser sales in 2019 could have been due to a shortage of inventory in certain towns and prices compared to 2018...You can see in December that the increase in  sales is up dramatically from Year-to-date statistics, which should point to a promising Spring sales season. 
The median sales price is dependent on how many sales and the price the sellers took for their homes. Buyers typically purchased their homes for 98% of the asking price. Prices up slightly in 2019, and would anticipate a modest increase in new Spring prices. Single family homes presented 83% of buyers and 6% bought townhomes.  Senior housing down 12% with 29% buying condos, town homes, or row houses.28% of home buyers last year made NO compromises when purchasing a home in regards to pricing, condition, and size of home.
Please feel free to call, text, or email questions regarding the upcoming sales season. We are always happy to answer your questions, give you referrals for updating (important to most buyers looking), and help you with an agent referral, if leaving the state.
Posted in Market Trends
Jan. 18, 2020

Homes For Sale St Charles IL-36W705 Stoneleat Road

 

NEW PRICE $539,000!!! Gorgeous ranch home in St. Charles on private lane with gated entry, panoramic wooded views, INDOOR POOL, & SPA on 2 acres.  This home has dramatic architectural design & was an award-winning home built by John Hall Sr. 

 

Home boasts HW floors, chef's kitchen w/high-end custom cabinetry, "Blue Bahia" &"Blue Eyes" granite, & stainless steel appliances.  Huge master bathroom with heated floors and breath-taking views!

 

Awesome indoor pool and hot tub with windows everywhere affording magnificent panoramic vistas, unique details, combined with 100 year old trees, makes this a "must see!" Hard to find privacy this close to downtown St. Charles & great road access. Enjoy vacationing year round in this wonderful home!!!

$549,000

 

 

Posted in Listings
Jan. 16, 2020

St. Charles IL Real Estate- 212 Chasse Circle

SOLD!!!

New Home For Sale in St. Charles: $389,000

Looking for an all updated home w/on-trend decorating and gorgeous 24 x 13 sun room (2001) on the East Side that overlooks private mature landscaping, incredible gardens, walk to St. Charles East and Wredling Middle School?---THIS IS IT! You will enjoy the vaulted and beamed sun room all year around with skylights and tons of windows with ever-changing panoramic vistas! Floor-to-ceiling custom bookcases in living room. Heart pine flooring (milled from old beams) enhance your dining enjoyment--enjoy by candle-light for romantic evenings. Custom cabinetry in family room, fireplace w/gas logs for cozy "movie nights!" Fabulous kitchen (2017) with ash flooring, granite, custom cabinetry, tile back splash, stainless steel appliances (refrigerator new in 2019). All baths updated with custom cabinetry, granite and porcelain tile. New carpeting on second floor (2018) Check out the custom master bedroom closet (2019) and updated master bath with large shower and vanity! AND...Finished basement with ample-sized recreation room for entertaining!

  

 

 

Posted in Listings
Nov. 29, 2019

Year End 2019 Market Trends

Here is a great snap shot of the 2019 market statistics for single family homes, from Jan-Oct, which is the most accurate data, as the holidays really effect sales data in Nov and Dec.   Table Below*

 

3 Important Takeaways With Single Family Homes:

 

1.  The number of actual homes sold were down in almost all cities in 2019 compared to 2018.  The percentages are not that concerning, but a trend worth monitoring going into 2020. 

2. Median prices are slightly up in all cities in 2019 compared to 2018.  Though this is positive, pricing for homes is still case by case.  I do think as home prices for more expensive homes have gone down, more buyers have stepped in, as low interest rates have made those type of purchases attractive, which in turn, brings median prices up year over year.  Also, more updated affordable homes are selling for close to list price or over in some cases. 

3.  This was one of the stronger October and November selling seasons compared to past years.

I still reiterate that Feb-June is still the best time to sell, but late Sept to early Nov has also become a very strong time too, as people want to be in their new houses prior to the holidays.  Hopeful that these strong numbers can continue into 2020!

 

Here is a great snap shot of the 2019 market statistics for town homes, from Jan-Oct, which is the most accurate data as the holidays really effect sales data in Nov and Dec.   Table Below*

 

3 Important Takeaways Regarding Town homes:

1.    The number of actual town homes sold was down in almost all cities in 2019 compared to 2018.  Batavia was slightly up, but that is due to the new development called Prairie Commons.  I also think less people are moving out of their town homes, as they become more affordable. 

2.  Prices are very stable in this segment and in some cases are increasing. 

3.  Demand is still very strong for town homes and will continue to be.  First floor masters and town homes with basements continue to be very popular. 

 

 

Will be sending out our 2020 outlook in late December.  

 

Eric & Lynn Purcell would like say Thanks, once again  for all your continued support. We wish you and your family a wonderful holiday season!!!!

 

 

 

 

Posted in Listings