Barrington IL Real Estate

Why Are There So Many Homes For Sale In Wynstone North Barrington?

Wynstone of North Barrington is a gated community of homes situated on a golf course. There are about 400 homes most of them single family, with a few lots remaining to be built. As I write this post there are 60 single family homes available for sale, 2 half duplexes, 7 vacant lots and  8 homes for rent. Taking the homes for sale of 62 that amounts to about 15% of the homes in Wynstone on the market. So why are there so many?

Do I have a specific answer for you? No. So lets look at some of the data.

Home prices range from $575,000 to $3,800,000
Association fees thate prices ranges from $450 to $923 per month
Real estate taxes range from approx $14,000 to $43,000 per year.

Homes available for sale today-June 8th 2010 - 62
Median price of these 62 homes is $1,100,000
Homes sold in last 6 months - 1
    Sale price $717,000
Homes sold in last 12 months - 9
    Sales prices $575,000 to $1,025,000
        Sales types were all re-sale with 1 short sale.
Homes currently under contract - 2
        One home priced at $749,000
        One home priced at $1,425,000

You can browse the available homes in Wynstone right here or for my opinion keep reading.



Clearly it is the lower priced homes that will sell. i.e. those below the median price range.
The average marketing tim for the 9 sales over the last 12 months was  459 days. That is very close to double the average marketing time for all of 60010 which is currently 258 days.
The average list time for the 62 homes on the market is 507 days.

So what's up with Wynstone Homes?

My opinion is that the association fees may be pricing some buyers out of the market. Our real estate taxes have not adjusted for the value of homes in Lake County which will affect all homes. With a median price of $1,100,000, which means 31 of the homes are above that price, we are looking at a luxury market. Luxury markets are not typically affected by the economy as much as other price points but then there will always be less buyers of luxury homes. There are a lot of luxury homes for sale in North Barrington, South Barrington and Barrington Hills so competition is tough. Why? Well for a start there are a lot of newly built homes that were being built at the peak of 2005 and 2006 which still have not sold. Some of these have been foreclosed on.

Are there any underlying secrets? Not that I am aware of . I still get a lot of people searching for  Wynstone homes on my Barrington Web Site. So it must be the cost. If you are in the market to buy in Wynstone or any of our beautiful Barrington Villages, I am here to help and the choice is wide.

Copyright 2010 Corinne Guest All Rights Reserved  - * Why Are There So Many Homes For Sale In Wynstone North Barrington? *

 

Barrington Hills Waterfront Homes

Barrington Hills has plenty of waterfront homes but very little will be on a river. There are numerous lakes in Barrington Hills and some are fairly large.

The 3 largest lakes are:

• Hawley Lake
• Hawthorn Lake
• Keene Lake

These 3 Barrington Hills lakes are all located together on either side of Route 59 in Cook County as you head south out of the Village of Barrington. Another well known lake in Barrington Hills is Goose Lake. Then we have Mirror Lake, Lacey Lake, Twin Lakes, Dana Lake, Spring Lake, Lake Melissa and Mud Lake. There are numerous other waterfront properties on smaller ponds in Barrington Hills providing a good choice if you are looking for Waterfront Homes in Barrington Hills.

So what is available for sale? There are currently 25 Barrington Hills Waterfront Homes For Sale with prices from $470,000 to $15,500,000. House sizes range from 2500 square feet and up and lot sizes are a quarter acre for a home in Paganica up to 14.5 acres. Many of these larger homes are young in age - we have a few built in the early 1900's that have been lovingly maintained and offer a great opportunity to buy a part of the history of Barrington Hills.

The following are the available Waterfront homes in Barrington Hills today.

Copyright 2010 Corinne Guest All Rights Reserved  - * Barrington Hills Waterfront Homes *

Chapel Hill Subdivision of Deer Park Illinois a Landmark Homes Community.

Welcome to Chapel Hill of Deer Park where Colonial style homes nestle in a park like environment and has the Cuba Marsh as a neighbor. This Landmark Homes Community has 52 homes and many are colonial style with a few Georgian and Traditional style homes.



Chapel Hill is located off Cuba Rd just before you reach the Ela Road junction. As you enter the subdivision you'll pass the Chapel Hill Park tennis courts on your right. Players can play until dusk every evening and for as long as you want if there are no other players waiting in which case you are limited to a 1 hour game.



Chapel  Hill in Deer Park was built in the late 1980's and early 1990's. The streets are:

• N Chapel Hill Drive
• W Bedlington Circle
• N Vesper Court
• N Mayfield Lane
• W Lancaster Court
• W Hearthside Drive

The last street joins this community to the neighboring community of Hamilton Park.



As I drove around this neighborhood, hoping the sun would finally poke it's head through the clouds, I noticed how big the park was. In addition to the tennis courts the green grass park area is big enough for active toddlers or soccer mad pre-teens to run wild and there is certainly enough space for flying a kite. As the spring settles in we will lose the soggy ground and dull grass and new shoots will bring life to the park area again.



If you are in the market to buy a home in Deer Park IL-Chapel Hill currently has 2 homes for sale both with 4 bedrooms. The average home here is about 3000 square feet, with 2 or 3 car garages and basements. Children are very close to the schools at Lake Zurich just along Cuba Road. Shopping at Lake Zurich is closeby and The Deer Park Shopping Mall is only a few minutes away. For commuters to Chicago you'll probably drive into Barrington to catch a train or hop on Route 53 south to get on I90.

To search all Deer Park Homes For Sale please visit my website-no registration required.

Copyright 2010 Corinne Guest All Rights Reserved  - *Chapel Hill Subdivision of Deer Park Illinois a Landmark Homes Community*

Advertising Your Horse Property For Rent in Barrington Hills Illinois

I today reveiwed the availability of horse property for rent in Barrington Hills Illinois. As nearly all of Barrington Hills real estate is comprised of 5 acre lots or more it stands to reason that any property with a lot of this size is likely to attract tenants looking for not just a home to rent but somewhere they can bring their horses as well.

In many cases where a client is looking for horse property to rent and wants Barrington Hills, it is the horses that are more important than the humans. The horse facilities must be right and the house must adequately fill the needs of the 2 legged tenants. Also keep in mind that horse owners are animal lovers and their is a very high likelihood that they will own other animals most commonly dogs and cats.

Today's review shows there are 5 horse properties that you can rent in Barrington Hills where horses are allowed. Prices are $2700 to $7000 a month. Choose from 3, 4, 5 or 6 bedroom homes, the equestrian facilities vary. 2 of these home-owners will not allow pets. So if you have horses and a dog or cat there are only 3 homes to choose from. All properties are in the Barrington School District.

How many additional properties in Barrington Hills can be rented that could allow horses? Currently there are only 8 homes for rent in Barrington Hills. 2 are temporarily off the market but both indicate they allow horses. There is one other that is zoned for horses but has no facilities so no doubt they do not own any and therefore do not want horses as part of their lease.

The more astonishing review is how Advertising Your Horse Property For Rent in Barrington Hills Illinois is not focusing on the right tenant! I read every write up for these properties.

• I had a barn not included in rental.
• 2 would not allow other pets.
• Only one write up addressed the needs of your horses
• All the others focused solely on the house.

Descriptions of the houses included information already available, i.e. how many bedrooms - these words should have been related to the horses and could easily have been used to describe barn size, paddocks, pasture, arena and so on.

If you want to advertise and rent your horse property in Barrington Hills Illinois, make sure the write up is addressed to the right tenant. This information is available all over the Internet and a prospective tenant will be searching for specific keywords like "Horse Property For Rent Barrington Hills" Together we need to make sure your property is found.

Finding horse property for rent via the Internet can be challenging as most Realtor web sites do not address specific needs. If you are looking for or want to lease your Horse Property in Barrington Hills Illinois or any other Illinois area call me and let's match horses and humans with the right equestrian property. I look forward to working with you. Corinne Guest  - Barrington Hills -  847-363-3686.


Copyright 2010 Corinne Guest All Rights Reserved - *Advertising Your Horse Property For Rent in Barrington Hills Illinois*

During the period July 1st to September 30th 2008 for detached single family homes in South Barrington.

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Contact Corinne Guest ABR, e-PRO, GRI, Broker, Royal Property Investments LLC Licensed Realtor® in Illinois, 847-381-6328 to list your property for sale or to buy a property in Barrington, Lake Barrington, North Barrington, South Barrington, Barrington Hills, Inverness and Deer Park, as well as Lake Zurich, Hawthorn Woods, Kildeer and Long Grove in Lake County Illinois.

Call me today at 847-381-6328. Contact me by email if you prefer by clicking on email me on the right side of this page under my profile.

Click here to view all the Barrington Illinois homes for sale and then click on Search For Properties. Or view information about area town in Barrington. With over 75 square miles in the zip code 60010 there is a lot of real estate available. You can view homes in all of Northern Illinois.

P.S. If you are listing your home as a short sale in Barrington Illinois or the surrounding suburbs of Chicago, make sure you hire an agent who knows how to do short sales and has the experience to get the job done. I have successfully closed Short Sales with the assistance of Karl Goodman and Eric Pratt, a short sale manager and attorney/title company. Based in Rockford and Schaumburg they take care of negotiating my short sales and getting them to closing, while I concentrate on marketing the homes.

Don't get foreclosed on! If you are in trouble do not live in denial, call me on 847-381-6328 to find out more about Barrington Short Sales and Lake County Short Sales.

Copyright © 2008 By Corinne Guest, All Rights Reserved. South Barrington Homes Illinois. Sale Data Third Quarter 2008

 

All the above areas are part of the zip code 60047. Call me if you would like listings sent to your inbox, or email me at info@corinneguest.com just remember to give me your general criteria.

Lake Zurich:

If you are looking for an affordable solution there is a new PULTE Homes subdivision on the East side of Rand Rd just north of Miller Road. 2 or 3 bedroom, 3 level town homes all under $300,000.

Forest Lake is a subdivision on the East side of Quentin rd north or Route 22 and south of Old McHenry Rd. Forest Lake has some individual newly constructed homes for sale ranging from about $380,000 up to just under $500,000. Typically these are being built on previously unbuilt lots and more commonly where old homes have been torn down. So if you want Lake Rights to Forest Lake, this is the place to be!

Coventry Creeks new subdivision has some homes left and the others are scattered around.

Kildeer:

Sanctuary Club Drive is located off Route 22 just east of Quentin Rd. New homes have just been started and are available from around $800,000 and  up.

Other new subdivisions are The Enclave, Prairie Creek, Meadowood Estates as well as some individual new homes scattered around Kildeer. Most of these homes are over $1 million.

Hawthorn Woods:

The biggest new developement is Hawthorn Woods Country Club on which you can find executive town homes and single family homes. Countryside Meadows and Thornfield also have some homes and again there are some individual builds scattered around. prices at Hawthorn Woods Country Club start at about $600,000 and there are some re-sale homes too. Prices in generally go to to $2 million for the larger homes.

Long Grove:

Ravena is a new subdivision off Route 83 north of Route 22. Homes here start as low as $750,000 and go up to $1,300,000. There are homes in some other subdivisions and if you are looking for the most luxurious home in Long Grove with nearly 15 acres of land, and over 12,000 square feet of living space, give me a call, I have just the home for you! Other larger homes on acreage also available, some ready to go, others built to your spec.

Vacant Land:

Want to build your own custom home? The place to start is to look for a lot on which you can build. The zip code 60047 has 107 active listings of available lots from less than a quarter acre up to almost 9 acres. There are also some commercial lots available in the area. Prices start at $84,600 and top out at $10 million, so bring a big check book!

There are still a surprising number of newly constructed homes, or homes under or about to start construction in the Barrington area.

Lake Barrington: Tallgrass is a new subdivision off Kelsey Rd being built by Michael Graft. Lots are 1 acre or more and the subdivision is on both sides of the road. It is going to be a gated community. Currently available is a ranch home and most homes are expected to be $1 million to $2 million plus. Close by is another small new subdivision called Walnut Grove on which about 6 new homes are being constructed on the left side of Kelsey Rd. Prices here are around $1.2 million and lot sizes are 1 acre.

South Barrington: The Woods of South Barrington still has homes available in the adult gated community. These are ranch homes and prices are around $500,000 to $600,000. There are a few ready single family homes and the last phase is under way. There are also some individual homes on some of the existing subdivisions with prices going up to $4 million.

Inverness: There is very little new construction here, limited to one off builds on previously un built lots. There are some town homes available on the new subdivision of Maison Du Comte which is opposite Harper College.

Deer Park: There is a small new subdivision just off Deerpath called Foxridge Ct. Lot sizes are 1 to 2 acres, there are 6 available with a couple of homes already built.

Barrington Hills: There are some mini mansions available ranging in price from $1,200,00 up to $7,275,000 and the homes are scattered throughout the Hills.

Barrington: Areas designated as Barrington also have some individual homes and there are also some in The Village. Where you want to live you will still find a good selection of newly constructed homes but not at the lower end of the price range.

Barrington Vacant Land: Want to build your own custom home? The place to start is to look for a lot on which you can build. The Barrington zip code has 167 lots available to buy. Prices as low as $86000 for a lot in Port Barrington, as little as $99,000 for nearly an acre, $248,500 and up  for 4 plus acres. There are plenty of 1 plus or 5 acre lots to choose from and for the premium lot in Barrington, the asking price is $2.4 million. There are also some large lots that could be subdivided and developed.

Let me help with your vacant land or new construction purchase. Call me today.

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Contact Corinne Guest ABR, e-PRO, GRI, Broker, Royal Property Investments LLC Licensed Realtor® in Illinois, 847-381-6328 to list your property for sale or to buy a property in Barrington, Lake Barrington, North Barrington, South Barrington, Barrington Hills, Inverness and Deer Park, as well as Lake Zurich, Hawthorn Woods, Kildeer and Long Grove in Lake County Illinois.

Call me today at 847-381-6328. Contact me by email if you prefer by clicking on email me on the right side of this page under my profile.

Click here to view all the Barrington Illinois homes for sale and then click on Search For Properties. Or view information about area town in Barrington. With over 75 square miles in the zip code 60010 there is a lot of real estate available. You can view homes in all of Northern Illinois.

P.S. If you are listing your home as a short sale in Barrington Illinois or the surrounding suburbs of Chicago, make sure you hire an agent who knows how to do short sales and has the experience to get the job done. I have successfully closed Short Sales with the assistance of Karl Goodman and Eric Pratt, a short sale manager and attorney/title company. Based in Rockford and Schaumburg they take care of negotiating my short sales and getting them to closing, while I concentrate on marketing the homes.

Don't get foreclosed on! If you are in trouble do not live in denial, call me on 847-381-6328 to find out more about Barrington Short Sales and Lake County Short Sales.

Copyright © 2008 By Corinne Guest, All Rights Reserved.

 

There are currently 77 residential properties for sale in Palatine that are marked as a short sale or possible short sale. There are 57 attached homes-either condos or townhomes and the prices range from $81,500 to $419,000. There are 2 vacant lots, one at $187,000 the other is $369,900. The remaining 18 properties are single family homes priced from $194,900 to $749,000. With lots of choice in Palatine you are more likely to be able to pick up a bargain.

Contact Corinne Guest ABR, e-PRO, GRI, Broker, Royal Property Investments LLC Licensed Realtor® in Illinois, 847-381-6328 to list your property for sale or to buy a property in Barrington, Lake Barrington, North Barrington, South Barrington, Barrington Hills, Inverness and Deer Park, as well as Lake Zurich, Hawthorn Woods, Kildeer and Long Grove in Lake County Illinois.

Call me today at 847-381-6328. Contact me by email if you prefer by clicking on email me on the right side of this page under my profile.

Click here to view all the Barrington Illinois homes for sale and then click on Search For Properties. Or view information about area town in Barrington. With over 75 square miles in the zip code 60010 there is a lot of real estate available. You can view homes in all of Northern Illinois.

P.S. If you are listing your home as a short sale in Barrington Illinois or the surrounding suburbs of Chicago, make sure you hire an agent who knows how to do short sales and has the experience to get the job done. I have successfully closed Short Sales with the assistance of Karl Goodman and Eric Pratt, a short sale manager and attorney/title company. Based in Rockford and Schaumburg they take care of negotiating my short sales and getting them to closing, while I concentrate on marketing the homes.

Don't get foreclosed on! If you are in trouble do not live in denial, call me on 847-381-6328 to find out more about Barrington Short Sales and Lake County Short Sales.

Copyright © 2008 By Corinne Guest, All Rights Reserved. Data Correct at time of publishing.

There is currently 1 residential property for sale in Inverness that is marked as a short sale. It also states the property does require some TLC.

The price of the home is under $500,000 and it is an older property built in the late 1950's.

Some of Inverness has the zip code of Barrington but there are no additional short sale listings under the Barrington zip code for Inverness properties.

Short Sales Available in Barrington Real Estate Market

There are currently 19 residential properties for sale in the Barrington area that are marked as either short sales or possible short sales.

There are 4 attached homes-either condos or townhomes and the prices range from $181,900 to $299,900. There is one vacant lot in Barrington Hills for $899,900, it is a 6 acre lot. The remaining 14 properties are single family homes priced from $219,000 to $2,500,000. 7 of the single family homes are in Port Barrington 4 are in Barrington Hills 1 is in Lake Barrington 1 is in North Barrington 1 is in South Barrington

As you can see short sales in Barrington are hitting the high prices as well as low.