How is the Terramere subdivision. Are the houses on the lake worth the extra money property value wise?

Paulyballgame
Both Buyer and Seller
Arlington Heights, IL

Answers (5)
Peter Kedzior
Agent
Arlington Heights, IL

Hi, I will be happy to a send you any new listings from Terramere. Please contact me directly at pkedzior1@gmail.com. Thanks. Peter

Tue Oct 20 2009, 15:59
Edith Karoline,...
Agent
60022

Hi just quickly...
these are the currently available listings and their asking prices...
1 07354809 ACTV 4023 N Ridge Ave 5 $379,900 8 3 2.1 1 Story
2 07321753 ACTV 4228 N Harvard Ave 5 $425,000 8 4 3.1 2 Stories
3 07216739 ACTV 903 W Nichols Rd 5 $465,000 9 4 2.1 2 Stories
4 07266860 ACTV 915 W Nichols Rd 5 $499,000 10 3 2.1 2 Stories
5 07216985 ACTV 506 W Kingsley Ave 5 $515,000 9 4 2.1 2 Stories
6 07325700 ACTV 427 W Whitehall Dr 5 $519,500 9 4 3.1 2 Stories
7 07355046 ACTV 524 W Ashford Ln 5 $529,900 13 3 2.2 2 Stories

None of these of course are on the lake.... Just thought the total of available ones listed on the multiple listing service give you a nice overview.
Hope to hear from you soon.
Edith Karoline YourRealtor4Life!
working always in the very BEST interest of her clients....
EdithSellsHomes@gmail.com
EdithSellsHomes@century21.com

Tue Oct 20 2009, 13:23
Edith Karoline,...
Agent
60022

Hi Paulyballgame,
Homes in the subdivision also are of different size, so lot size and size and upgrades on the homes will make a difference among available properties. But assuming that a very much identical home, in size style curb appeal and upgrades is located on the lake with a lake view, or away from the lake without a lake view it
will make a difference....
a) you will enjoy the view winter and summer!!!
b) when it comes to selling the lake view will intrigue more buyers

So yes lake view and on the lake is a nice asset!
Would you like me to e-mail you all available properties in that subdivision for your perusal and general information, and then we could see one that is on the lake when it comes up?

Also where are you selling and what size and style.... and what size are you looking for,3 bedrooms 4 bedrooms, 2 car 3 car... Just e-mail me back and I gladly provide you with the information you are looking for on a regular basis!

Have a wonderful Day!
Edith Karoline YourRealtor4Life!
Working always in the very BEST interest of her clients....
EdithSellsHomes@gmail.com

Tue Oct 20 2009, 13:14
Paulyballgame
Both Buyer and Seller
Arlington Heights, IL

Thanks for the info Peter. I was told that a house on the lake in Terramere could sell for a significantly higher amount than the rest of the neighborhood. Not true? Interested in seeing one on the lake if it comes available.

Tue Oct 20 2009, 12:56
Peter Kedzior
Agent
Arlington Heights, IL
FIRST ANSWER

Hi, very few houses in Terramere were sold this year so it is quite difficult to assess values there, right now, in the middle of recession. The last sale is from July of this year, at $450,000 (4br, 2.5 ba). House located 2 blocks from the lake. A similar house on Walnut Ave, that sold in Sept. 2008 was almost $80,000 more expensive, even that located further from the lake. Given the state of economy, I am sure there will be many sellers willing to sell their homes in Terramere for less than $450,000

Peter

Tue Oct 20 2009, 12:45

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