348 Larsdotter Lane, Geneva
$445,000
This townhome is better than new construction, having been fully remodeled in the last three years. Many updates were completed in 2024-2025. More details to follow! Call Eric Purcell 630-327-2570
UPDATES:






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!
348 Larsdotter Lane, Geneva
$445,000
This townhome is better than new construction, having been fully remodeled in the last three years. Many updates were completed in 2024-2025. More details to follow! Call Eric Purcell 630-327-2570
UPDATES:






Thank you for your trust and collaboration--we're excited to continue building success together. As we step into 2025, we want to express our sincere gratitude for your personal and business support.
Wishing you a year filled with prosperity, growth, and new opportunities. As we wrap up another year and look ahead to 2025, the real estate market continues to offer unique challenges and opportunities. Here are the key takeaways from the 2024 market:
1. Rising Home Prices
Home prices have increased by 4% to 12%, depending on the property type and location.
2. Record Low Inventory:
A limited supply of homes is making it harder for buyers to upsize or downsize, driving up prices due to steady demand.
3. Elevated Mortgage Rates:
The "higher for longer" trend persists, with mortgage rates fluctuating between 6.5% and 7.5% (currently around 6.85%). Higher rates, paired with rising home prices, are discouraging some homeowners from selling and giving up their historically low interest rates.
Looking Ahead to 2025:
The market is expected to remain tight until mortgage rates decrease. The National Association of Realtors (NAR) predicts rates could drop to 6% in 2025, which would make homeownership more affordable for approximately 6.2 million prospective buyers.
Options will remain limited, and competition for top properties will be fierce. Partnering with a skilled buyer's agent will be crucial in navigating multiple-offer situations and securing the best opportunities.
Sellers will continue to hold the leverage as prices rise, provided inventory remains low. If you’re considering selling in 2025, the focus should be on strategies to maximize your return on investment (ROI).
We have proven methods to help sellers achieve record prices in this strong market. Call us to discuss our tailored strategies, insights, and secrets to success!
Thank you for your continued referrals and loyalty. Your support inspires us to help even more people achieve their homeownership goals!
The inventory levels in most towns remained low. While there was a slight increase in certain areas, overall, the supply is still very tight. Despite mortgage rates remaining elevated, home prices have continued to rise. In Geneva, the median sales price increased by 10.1%, and in St. Charles, it saw a significant jump of 14%. If inventory continues to stay low and mortgage rates remain between 6.5% and 7%, I believe prices will keep rising into 2025.
As affordability continues to be a challenge, more homebuyers are turning to townhomes, especially first-time buyers and downsizers. Inventory in this segment has actually increased, yet prices continue to rise. The average median sales price for a townhome in St. Charles surged by 16%, reaching $369,900. Townhomes remain in high demand since it is nearly impossible to find single-family homes in towns like Geneva and St. Charles for under $350,000.
Buyers Guide:
https://www.suburbanilhomes.com/blog/thornwood-subdivision-south-elgin-il-neighborhood-guide/

SOLD
741 Waterside Drive- $624,900
Custom home with water views in the popular Thornwood subdivision, St. Charles Schools. Amazing natural light and views from every window! Open floor plan with cathedral ceilings...Large kitchen offering island, planning desk, and eating area...Huge family room with fireplace. 1st-floor den. Large primary bedroom with a separate sitting area, walk-in closet & tray ceiling...Luxury bath with oversized Jacuzzi tub, separate walk-in shower & dual vanities. Full-finished basement with half bath. Sliding glass doors lead to a two-tier deck and patio... Roof new in 2021, HVAC & AC 2020. Incredible lot backing up to the water...Walk to the clubhouse, pool, tennis, and basketball courts.
Thornwood Buyer's Guide:
https://www.suburbanilhomes.com/blog/thornwood-subdivision-south-elgin-il-neighborhood-guide/



SOLD
1513 Kaneville Road, Geneva, IL: $749,900
Amazing value!!! FABULOUS Geneva home close to town 5376 total square feet with 5 bedrooms and backyard oasis with SALT water inground pool nestled on fenced .57 acre mature treed lot! UPDATES: Pool installed in 2019...Front Porch 2019...Driveway sealed 2024... new roof and siding 2023..Interior paint 2024...2 new furnaces 2021.. basement carpeting 2024...water heater 2023...From the moment you see the wonderful front porch and step into the foyer, you KNOW you are HOME! Huge kitchen with breakfast bar/island, stainless steel appliances, wet bar, and dual-sided brick fireplace with bayed French doors out to the pool and yard. First-floor den/in-law with full bath and exterior access. Primary suite with brick fireplace, walk-in closet, wonderful views of the scenic pool and landscaped vistas...bath has whirlpool, double sinks and shower. 4 other bedrooms share a vaulted hall bath. Also has a back staircase...The finished lower level has a recreation and game room to please all entertainment needs. You will love this amply-sized home with all the upgrades! Move in and enjoy all it has to offer with ease of train access, shopping, restaurants, and close to elementary school. Come check it out and start making memories here!

Recent legal developments and changes in the real estate industry require Multiple Listing Service (MLS) Participants/REALTORS® to notify you of the following:
What this means to you:
Starting 8-17-24, everyone MUST sign a Buyer's Agency form BEFORE you see the home you are viewing that day. This is the new law and ALL offices and buyer brokers MUST comply. (You can either sign before by DocuSign or sign when you get to the home you are seeing.)
After August 17th, compensation is NOT set by law and is fully negotiable at the time of purchase and/or signing the agreement. If buyers are looking at many homes, (that day or in the days that follow) there is a form to amend the original contract on a house-per-house basis.. Copies of these forms are kept by all the managing brokers of ALL offices. Commission rates or percentages may vary as the sellers may pay some or all of commission, or the buyers will have to pay some or part of the commission...(Each house looked at will have their OWN commission amount that will be paid to buyer's agent)
As of August 17, 2024, everyone is prohibited from offering compensation to buyer brokers or buyer representatives in the MLS. This has to be negotiated at the time of contract or on-a-house-to-house showing with an updated one page form as stated above...OR the original form can be for cities, counties, school district, etc., which will eliminate a house-by-house one page update--unless the commission is different for each home). MLS REALTORS cannot receive compensation from any source that exceeds the agreed amount without prior agreement by all.
If you would like a list of the services we offer in the closing of a home, we will be happy to email you a detailed list. This is new for all Realtors and consumers, so as with anything there will be an adjustment period. We will need to talk more about commission before signing anything. Please call or reach out with your questions, 630-327-2570. Thanks!
$614,900- SOLD
Looking for privacy on 1.4 treed landscaped acres that offer a fully fenced yard--THIS IS IT! Huge front porch to enjoy sunsets, 3-car garage, and freshly stained deck! Incredible updated "Iron Chef's" kitchen for the gourmet cook, featuring white cabinetry, large breakfast bar island, trendy counter tops, jazzy backsplash, high-end stainless steel appliances, and "on trend" hardwood flooring. Vaulted 2-story family room with gorgeous stone floor-to-ceiling fireplace with stacked windows on each side. Master suite has 2 walk-in-closets and dual sinks, whirlpool and shower in the luxury bath. First floor den! Updates include: Replaced in 2024: Garage doors, new carpeting, lighting, fresh interior paint on 2nd floor and part of first floor, HVAC replaced in 2023 (both units)...New roof in 2023...Landscaping front and back 2019. Fencing, water heater, wrought iron staircase and replaced wood spindles in balcony area, and insulation added in attic in 2018. Unfinished English deep pour basement with staircase up to garage and rough in plumbing also... Enjoy the good life in this open airy "on trend" floor plan and start making memories in this lovely home!

SOLD
$774,999
Are you looking for a custom home with 5068 square feet with a finished walk-out basement, 5th bedroom, and full bath? Hard to find .48 acre yard surrounded by mature trees and landscaping that provides TOTAL privacy. UPDATES: Trex deck with rain guard system 2023, custom walk-in closet 2023, roof 2020, tankless water heater 2021, furnaces/ACs 2017 and 2019. From the moment you enter the amazing foyer and see the gorgeous iron spindle staircase and overlook, you KNOW you are home! Vaulted living room, and tray ceiling dining room offer crown molding, wainscoting, and tons of windows! The "Iron Chef" kitchen is a cook's dream with hardwood flooring, upgraded newer stainless steel appliances with custom floor-to-ceiling tiled backsplash with double ovens, gas cooktop, hood, breakfast bar, wine/bar buffet, built-in glass-front corner cabinet. Great first-floor den, powder room, mud room, laundry with cabinetry, sink, and door to outside. HUGE primary bedroom with tray ceiling, fabulous sitting room with fireplace and MASSIVE custom walk-in closet with hardwood flooring and built-ins! BRS 2,3, and 4 share double sink vanity and tub/shower bath (has door to shut). The walkout basement has a wall of windows that brings the outside in, 5th bedroom, bath with ceramic tile to ceiling shower, and exercise/family room area. Newer TREX deck and patio underneath. Fabulous yard for entertaining or adding a pool! Three car garage and cul-de-sac location in wonderful Fox Mill subdivision.
$384,900
Better-than-new duplex in Blackberry Creek---only 5 years old with neutral on-trend decor, open floor plan, luxury vinyl plank flooring, and tons of natural light. Chef's kitchen features stainless steel appliances, extra 42" white cabinets with granite counters, a breakfast bar, a pantry, and upscale lighting! Upstairs has 3 spacious bedrooms, 2 updated baths, a convenient laundry room, and loft area--perfect as an office, reading nook, or play area! The primary bedroom offers "his" and "hers" walk-in closets, a vanity with double sinks, and oversize "on trend" tiled shower. Wait until you see the newly finished basement with a full luxury bath, and extra storage--perfect as huge bedroom or in-law, office, or media room. Enjoy the outdoor ambiance from your stamped concrete patio and "zero-maintenance" backyard--one of the biggest among the duplexes! Move right in and utilize the stunning and useful upgrades--lighting, water softener, backup sump pump, tilework, and more. Wonderful neighborhood with an elementary school, parks, ponds, and miles of walking trails. Enjoy small-town charm with an ice cream cone from Alice's, a coffee from the Corner Grind, or grill-worthy items from Ream's Meat Market-just minutes to the train station, I-88, Randall Road shopping, and downtown Geneva. Modern, spacious, comfortable, and convenient-it can all be yours as the next owner. Start making your memories here!