Will Clarendon Hills and Burr Ridge appreciate anywhere near Hinsdale over the next 20 years or so? Assumption that all areas go to D. 181 schools.

Asked by Arthur, Chicago, IL Fri Feb 12, 2010

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7
William G St…, , Illinois
Tue May 14, 2013
Given the recent sales results it remains clear to me as it was in 2010 that Burr Ridge will outpace Hinsdale. The village is now allowing subdivisions to install video surveillance cameras that can be monitored by the police from the brand new police station. In addition high profile celebrities are moving into Burr Ridge for the reasons I noted in 2010.
0 votes
Cindy Valek…, Agent, Darien, IL
Thu Feb 7, 2013
I realize this was a very old post, but now that the crisis is bottoming out, let's look at the recovery or lack of it in each town based on median prices. There was a comment in that Hinsdale will always outpace Burr Ridge. Hmmm...not last year. This was my blog post from this morning. All stats are from MRED LL, the area MLS:

What are real estate prices doing? Ummm...it depends. A lot of attention is given to changes in average and median prices, average being a math problem where we add 'em up and divide and median being where we line 'em up and pick the middle number. Averages can be badly skewed by outliers, either high or low. Both are influenced by the type of property sold - the towns we watch have a wide range of property price ranges. That being said, for detached single family homes in the following towns comparing Feb. 2011 - Jan. 2012 with Feb. 2012 - Jan. 2013 we find: Darien up 1.9%, Burr Ridge up 7.7%, Downers Grove up 2.7%, Riverside down .6%, Western Springs was flat, La Grange was flat and Hinsdale was down 1%. Biggest gainer: Burr Ridge. Biggest loser - Hinsdale. Sounds like a reality TV show, doesn't it? Let me know if you want actual #'s on any town. Values from MRED LLC, the local MLS.
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Steve, , Mississippi
Tue May 10, 2011
We are looking to retire back in the area and have looked primarily at Naperville, Hinsdale and Burr Ridge. We are looking for a nice home, 3 BR, 2.5BA under $500k, near a downtown with plenty of shops and restaurants. What turns us off about Hinsdale is the lack of upscale downtown restaurants and bars. Is Hinsdale run by Prohibitionists?? You won't get downtown development without attracive places to go. We don't want to have to drive 20 minutes everytime we need to go somewhere. Naperville and Burr Ridge are much more attractive to us from what we have seen. Of the two Burr Ridge seems to have the advantage of better value, better selection of newer homes near Town Center and commercial areas, and lower taxes while still offering a great lifestyle.
0 votes
Christina Mo…, Agent, Saint Petersburg, FL
Thu Oct 28, 2010
No way will they catch up to Hinsdale ever.

Hinsdale has much too much to offer and is a niche market all of it's own.

You cannot compare apples to oranges -

It would be like comparing Brookfield to La Grange -
0 votes
Patty Romero, Agent, Homer Glen, IL
Tue Jul 27, 2010
I must agree with the other answers! Burr Ridge is a great area. Location.....location......location. Burr Ridge has so much to offer.
0 votes
what exactly are you agreeing with Patty?? The previous 2 responses couldn't disagree more with each other!
Flag Wed Mar 27, 2013
Dave, , Chicago area
Mon Jun 7, 2010
Are you kidding me William Stone of Burr Ridge? Location is everything, and Hinsdale is all about location, having 3 commuter stations, being on the Ogden 294 and Rt 83 exits, and close to both the Eisenhower and the Stevenson expressways. Look at the Truila stats, why does Hinsdale keep on going up, while Burr Ridge is going down? What William is saying is that he prefers boring subdivisions to in town uniqueness, and cannot understand why people are building $3Million dollar homes when you can sometimes here a train, see an electrical line, or ride on a cobblestone street. Hinsdale is just beatiful, and I guess if you are not an old town person, then it may not be for you. But it WILL continue to outpace Burr Ridge.
0 votes
William G St…, , 60527
Tue Mar 2, 2010
Burr Ridge will in my opinion outperform Hinsdale for several reasons. First the Burr Ridge infrustructure is much new. The streets are smooth and the signage is new. Nearly all subdivisions have underground and not unsightly utilities. Power is rarely lost in storms and Burr Ridge has very little sewer back up or basement flooding issues. Burr Ridge also now has a new City Center with several nice restaurants, shops and the center makes a great social gathering location for year round activitives sponsered by the Villiage of Burr Ridge. Furher Burr Ridge does not have the loud sounds of the Burlington Northern Rail Road echoing throughout the village. True BR doesnot have the convenience of the train for residents traveling into the city however, BR also does not have the congestion caused by the train and BR residents using the trains have an easy 10 minute drive to either the Western Springs or Hinsdale train stations and there is ample inexpensive parking available to them. BR also has more convenient access to the Stevenson Express way which is much less congested than the Eisenhower for residents driving downtown. The trains in Hinsdale also introduce unexpected and often frustrating long delays do to the heavy use of the rails by freight trains. Finally the homes in BR are newer and more homogenous with each other. Hinsdale may have a $3M home next door to a tear down. This adversely affects curb appeal and value. My two cents.
0 votes
Thank you for a view that others are reluctant to express.
Flag Mon Feb 4, 2013
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