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!

May 27, 2021

St. Charles IL Real Estate-: 41W202 Whitney Road

SOLD

$649,900

Looking for a "Once in a Lifetime" opportunity to own an unbelievably unique updated home on 1.49 acres backing to the 35 acre Lake Campton with spectacular wildlife--Bald Eagles, Blue Herons, Swans, White Pelicans, Egrets, Cormorants, and more! Enjoy every day living in this home with ever-changing seasonal all-encompassing vistas of water, nature, privacy, and serenity! Totally updated in 2008, this home offers the BEST of everything and will exceed your wildest expectations! Open airy floor plan with iron spindles, stone fireplaces, and myriad of windows to utilize the phenomenal far-reaching views! Gourmet kitchen offers granite counters, custom cabinetry, island, wine refrigerator, double oven (2021) walk-in pantry, and scenery to "die for!" Original quarter-sawn oak flooring in family room, living room, and entire upstairs! Master bath has granite counters and huge walk-in shower with seat and dual heads--other baths also have granite. Huge laundry with 2 closets for convenience. Zoned HVAC (new furnace 2020), upstairs A/C unit (2019). Finished lower level with recreation room and bath offers convenient access to the lake and strolling leisurely through the gardens after dinner! Entertaining or everyday living is a pleasure--exquisite gardens, extensive decking overlooking the lake to unwind and relishing the "Western" sunsets while sipping your "iced tea," or just relaxing and watching the wildlife and the gentle waves of the water! Majestic mature landscaping enhances this picture-perfect lake setting! One of the best locations in St. Charles to enjoy "all-year-round vacation living!" Award-winning St. Charles Schools---St. Charles North High School #36 in Illinois (2018-2019 per Fox Valley Magazine data). Once you step inside this architecturally unrepeatable home and experience the magnificent water views, nature, and tranquility---you will not NEVER leave!

Posted in Listings
May 20, 2021

North Aurora IL Real Estate-Oak Crest Drive

SOLD

$339,900

DOES NOT GET ANY BETTER THAN THIS! Updated "on-trend" immaculate home waiting for new owner! From the newer carbon oak flooring (2017) in foyer, living room, dining room, and family room---to the white trim, neutral colors, and open floor plan---this home is sure to please! Newly redone master bath that showcases "on-trend" vanity with double sinks and faucets, dual mirrors, new tile flooring, and shower with subway tile and classy hardware! Wonderful for entertaining or everyday living---large living room flows into dining room with doors to new cedar deck. Relax in the vaulted family room that features skylight and gas fireplace. The kitchen boasts newer appliances, cabinets, and Corian counter tops. Updates include: New washer (2016), new dishwasher (2016), New HVAC (2015, 2016), New roof (2012), and fence. New flooring (2017), New paint (2017), New siding (2015), carpeting (2018), and a redone master bath (2021). Second floor offers ample master bedroom suite with a newly redone bath and three other bedrooms share the hall bath (one has direct access from the room). Basement for storage or waiting to be finished! Sip lemonade on your new cedar deck overlooking your fenced yard. Life does not get any better than this! Make this your next home--you deserve it!

Posted in Listings
May 19, 2021

Geneva IL Real Estate-1000 Wood Avenue

SOLD

$339,000

Looking for a move-in ready, updated, immaculate home to enjoy this summer? Redone kitchen with white cabinetry, Quartz counter tops, hardwood flooring, stainless steel appliances, pantry closet, and eating area with bay window. Open, airy floor plan with following upgrades: Furnace 2020, Refrigerator 2020, Oven 2019, Roof/siding/gutters 2019, Air conditioning 2016, 1st floor carpeting 2019, 2nd floor carpeting 2021, Sump pump and battery back up 2019, Garage door opener and keypad 2020. Large living room with gleaming hardwood flooring flows into dining room with doors to deck--Great for entertaining or candlelight dinners! Family room with floor-to-ceiling brick fireplace with doors to patio, Master bedroom has master bath (2016) with vanity, granite countertop, tub with shower and "on trend" tile to ceiling, and floor tile. Other two bedrooms share hall bath. You will love the finished basement with recreation room and game/playroom---wonderful for everyone! Come and view this gorgeous home and make it your own! Geneva High school ranked in the top 10% nationally according to U. S. News & World Report's 2021 Best High Schools report. Enjoy all Geneva has to offer!

Posted in Listings
April 29, 2021

Geneva IL Real Estate-0N299 King Drive

Offered at $374,900

Welcome to this "on-trend" updated home with hardwood flooring, gorgeous kitchen, master suite with 10 ft ceiling, and incredible views of the Tanna Farms golf course. Newer painted interior, new lighting, and ceiling fans. First-floor office/den to work from home. Open dining room with gleaming hardwood flooring for fabulous entertaining or "romantic" candlelight dinners. Chef's gourmet kitchen with stainless steel appliances, granite countertops, newer Subway tile backsplash, and corner sink with panoramic views is sure to delight the cooks in your house! Dinette area has doors to the new deck (2019). The family room is open to the kitchen and boasts a granite fireplace with gas logs and windows with fabulous vistas of the course! You will love the master suite with a 10-foot ceiling, a large walk-in closet, a luxury master bath with updated flooring, a soaking tub, a separate shower, and a vanity with dual sinks. The other 2 bedrooms share the full hall bath. The full basement is fully insulated and ready to finish or perfect for storage! The garage is a true 2 1/2 car with storage space. Enjoy your premium lot with a new gazebo (2019) that backs to the Tanna Golf Course, fenced yard (2018), and stunning views of open space all year round...Marvelous setting that showcases an incredible "move-in" ready home! Mill Creek has walking paths, beautiful landscaping and flowers, 2 elementary schools, a golf course, clubhouse, and access to the park district pool in the subdivision (have to join). Come view this wonderful home---you deserve the good life! Make this your next home!

Posted in Listings
April 25, 2021

St. Charles IL Real Estate-40W913 Trotter Lane

 

SOLD!

Offered at $849,900

Privacy, natural beauty, woods, and ever-changing panoramic vistas can be yours in this one-of-a-kind home nestled on 1.7 acres down a private lane! 2-story foyer welcomes you into the open floor plan that offers 5.1 baths, finished walkout basement, and remodeled and updated to show like new! Roof 2016, exterior and interior painted, 2 Lennox furnaces, Bryant HVAC, water heaters and softener, new carpeting, lighting, and baths! Sure to delight the chef, the luxury gourmet kitchen boasts custom tile fireplace (enjoy dinner in front of the flickering flames), high end appliances, honed granite counter tops, custom island including warming drawer, walk-in wrap around pantry and butlers panty! Kitchen flows into gorgeous vaulted "all glass" sunroom with magnificent views of woods and nature with door to deck. 2-sty FR w/ floor-to-ceiling raised-hearth brick fireplace and eye-catching architectural arched floor-to-ceiling wall of windows--brings the outside in! First floor den with full bath---great for home office or in-law suite. HUGE master bedroom with multitude of windows affording fabulous views, fireplace, and sitting area. Updated master bath has "His" and "Her' vanities, new spa shower with subway tile and seat, luxury soaking tub---relaxing is perfect at the end of the day! 3 additional bedrooms (BR4 has private bath) and hall bath. The finished walkout basement offers updated full bath, bedroom, recreation room with floor-to-ceiling brick fireplace, game room area, and exercise/playroom area The updated large kitchenette (multi-generational living) is terrific for entertaining or everyday living. Direct back stair access to garage. You have to see this home to appreciate all the details and upgrades that it offers---stunning grounds, privacy, and "like new--move in ready" combine to make this YOUR next home! Grass backyard expands to an additional 1/2 acre wooded area that is a nature lover's private oasis. Space can easily be converted to fit your needs! Come see it and fall in LOVE...

Posted in Listings
March 29, 2021

St. Charles IL Real Estate-2906 Royal Fox Drive

SOLD

New Home For Sale St Charles IL: $605,000

Looking for the ideal East Side location in a prestigious subdivision? Come view this all BRICK home on a fabulous wooded lot overlooking the 3rd green of the Royal Fox Golf Course! Incredible panoramic vistas can be yours all year round and you will love the private "park-like" backyard with a large stamped concrete patio, mature trees, and evergreens.  Call Eric Purcell to schedule a private showing at 630-327-2570

 

 

 

Posted in Listings
March 3, 2021

Top Realtor Baird & Warner

 

Thank you to all our clients past and present, you helped us exceeded all our sales goals:

Top 5 Realtor in all of St. Charles

Top 1% Realtor in all of Kane County

Number #1 Agent Baird & Warner Fox Valley 

 

Posted in Real Estate Advice
Feb. 10, 2021

St. Charles IL Real Estate-2703 Greenwood Lane

SOLD

New Home For Sale St.Charles: $569,900

Looking for your IDEAL DREAM home on over 1/2 acre with fenced private backyard (backs to wooded area) close to St. Charles North? A huge deck, pergola, and a paver patio with a fire pit are wonderful for outdoor entertaining with room for swing set, volley ball, etc. Sure to please the "chef," is a gorgeous white kitchen with Subzero, Wolf, Bosch and U-Line appliances which opens into the 2-story family room with an impressive stone fireplace--great for cold nights--and wall of windows with panoramic views, First-floor den/office with full bath--could be in-law suite-- laundry and hardwood flooring on the first floor with Plantation shutters check all the MUST HAVE boxes! Master bedroom boasts a tray ceiling, lots of windows, walk-in closet, vaulted bath with skylight, "His" and "Her" vanities, whirlpool, separate shower, and linen closet. Bedrooms 2, 3, and 4 utilize the hall bath with dual sinks and tub/shower. The finished English basement has a lovely stone fireplace, a huge bar with 2-tier granite serving area, microwave, dishwasher, fridge & oven, and a 5th bedroom or second office with a full bath--great for working from home, and an exercise room---now do not have to go to the gym! Heated garage, irrigation system, and incredibly convenient location complete this PERFECT home! Check it out and make this your next home!

Posted in Listings
Feb. 4, 2021

Elgin IL Real Estate-2948 Kelly Drive

SOLD

New Listing $374,900

SHOWS LIKE NEW with "on-trend" colors, arched doorways, and newer flooring. 3159 square feet of elegance with 9-foot ceilings on the first floor and in the deep pour basement! Recent updates and upgrades: New light fixtures, water heater 2017, 6-panel doors throughout the home, toilets and bathroom faucets, newer countertops in kitchen and baths, "faux" wooden blinds, and deck. From the gorgeous 2-story foyer to the expanded living room, to the romantic sun-lit dining room---you will fall in love! The gourmet kitchen is sure to delight the cook in your home with white cabinetry, newer counters, stainless steel appliances, breakfast bar/island, pantry closet, and spacious dining area that is open to the family room--great for everyday living and entertaining! The family room was expanded when built, so tons of space for all activities! First-floor den/home office/E-learning room/playroom is ready for any and all purposes! Large loft can be a "flex" space, upstairs TV area, computer area, or bonus room. The Master bedroom is HUGE with a door to a balcony, walk-in closet, and upgraded luxury bath with dual sinks, tub/shower, and double linen closet. Bedrooms 2,3, and 4 all have walk-in-closets and share an updated hall bath with ample vanity and tub/shower. Deep pour basement is ready to finish or great for storage! Expansive yard with room for a swing set, volleyball, or gardening! Waterford subdivision has a clubhouse, pool, fitness center, tennis courts, open soccer field, walking paths, and pond area. Make this your next home with all the area has to offer---You will be GLAD you did!!!

Posted in Listings
Jan. 25, 2021

5 Reasons this housing boom is different

 

5 Reasons this housing boom is different:

 

The housing boom of the early 2000s compared to the current market of 2020-2021 differs in MANY ways. Some of the reasons are logical and others are just an off-shoot of COVID-19 related issues and the pandemic.

 

1. Historically low interest rates

One of the reasons that spurred the recent "flurry" of purchasing, is the historically low interest rates. Buying power has greatly increased and most know if you are going to make a move, this is the "best" it is going to be mortgage-wise. It is cheaper to buy now than it is to rent--a definite change from the past.

2. Very low levels of inventory

The current inventory is EXTREMELY low compared to new construction in the early 2000's. Most builders now have models and will build "custom" from those, and do not have inventory "sitting on the shelf." Before the housing crash, there was abundant inventory to choose from in the existing home market as well as new construction--ready to move in. In the early 2000's, Relocation buyers were transferred to the Chicago-land area due to companies consolidating --such as BP Amoco---closing or pairing down their Ohio and Texas locations. This drove up the prices as they started bidding against each other for homes in a close proximity to their new job locations.

3. Emotional factors from the pandemic

The pandemic caused more urgency in moving out of the city environment quickly, as well as the new ability to work from home, and E-learning for school-age children. Prices are up 5-10%, but nothing like the rapid appreciation and "sky-high" appraisal values in the early 2000s. At that time, buyers could buy homes with no money down loans, other risky loan products (interest-only loans), and everything would "magically": appraise. Today the minimum is 3.5% down, credit scores need to be much higher to qualify for the loans, and appraisers are VERY ACCURATE in their evaluations---as if mistaken and loan defaults in a short period of time, there are recuperations that fall on them...

4. Move in ready homes

Homes are now 20+ years older than in the early 2000s and have become outdated and many need new roofs, HVAC mechanicals, new windows, updated baths, and kitchens---all VERY expensive items for the buyers to assume. Consequently, smart buyers, today want "move-in" ready" homes, so their cash is not consumed with home improvements. The demand is HUGE--many are getting multiple offers on the first day---many going over the asking price, if originally priced correctly.

5. Downsizing

In the early 2000s Baby Boomers were moving up to much larger homes that they felt they deserved and worked hard for and millennials, today, want more affordable updated homes with functional, multi-faceted floor plans, decent size yards for outdoor entertaining, kids play, gardens, and privacy. Baby Boomers, now 20+ years later, are downsizing and need a first-floor master bedroom, and, if possible, ranch homes. Updated ranch homes in desirable locations can, and usually do, sell in one day with multiple offers due to pent up demand. The commonality between the two periods of time is that BOTH were/are in a Seller's Market, you have to view homes IMMEDIATELY, have finances in order, make a very strong offer, and be prepared for possible multiple offers.

 

That is why having a great experienced real estate team to help you in all aspects of buying and selling is important---more so now than ever!!!

Posted in Real Estate Advice