833 Verona Ridge Drive, Aurora IL MLS#07980816
Gorgeous Executive Home Backs to Nature Preserves
Many of today’s high-end homebuyers are looking for fairly similar features – a larger home with well-appointed interior in a location that’s both near everything yet provides privacy and seclusion. Many homes and areas provide one or a few of these but rarely all. One community that does is Verona Ridge Subdivision on the far west side of Aurora. These semi-custom homes built by Orleans Builders are located in the perfect area – with easy access to I-88 and prime shopping destinations. Yet the community is tucked back in acres of nature preserves. A gentle stream winds its way through the community and hiking trails crisscross the area and interconnect with miles of other nature trails. If this sounds like a setting you appreciate, continue reading to learn more about one of my newest listings at 833 Verona Ridge Drive.
When you pull up to 833 Verona Ridge Drive, the first thing that strikes you is the ideal location – on a cul-de-sac and just a couple minutes walk to the nearby Orchard Valley Golf Course. The home is located up on a small rise that overlooks the tranquil nature preserves it backs to. The way the home sits and the fact that there are no back neighbors gives this home an overall feeling of peace and seclusion. The exterior of 833 Verona Ridge is quite striking with a beautiful upgraded elevation and front porch. The 3-car garage is a side-load so the front of the home looks tidy. The home sits on nearly a half-acre lot – perhaps one of the best in the entire community. In the back, the home features a raised cedar deck and a walk-out basement.
If you’re shopping for an absolutely move-in ready home in an ideal location in the Tri-Cities area, look no further. This stunning ranch home has been completely redone and is truely something special. I know you’ve seen re-habs in the past and have been dissappointed with cut corners and cheap materials – that’s not the case here. The seller has really gone the distance to provide the next owner with a superior living experience. Plus a lot of work has been done “under the hood” to make sure this property is going to be worry-free. One of the big draws of this home is, of course, the location. Within walking distance of Downtown Geneva makes this property perfect for owners that enjoy the scenic downtown and all the festivals that occur throughout the year. Combine this with a large lot with mature landscaping on a quiet street that’s set back in the woods and you’ve got an absolutly ideal location.
I’m sure when you look at a home, one of the most important things is the kitchen. Having a kitchen with enough space and in a location that allows you to cook and entertain at the same time are features that many buyers prize in a home. This kitchen has been completely re-designed with this in mind. Start with new high-end cabinets with built-in soft-close technology and tons of storage space. Next, this home has been furnished with brand new stainless steel appliances and here’s another area where this home really stands out. Where most rehabbed homes provide you basic-model appliances, the seller has really gone the distance to provide high-end appliances. The oven is a higher-end model with cast iron burners and the side-by-side refrigerator/freezer includes a built-in icemaker and water dispenser. You’ll also find full granite countertops with a built-in breakfast bar and stylish glass tile backsplash. Where this home exceeds expectations is in the little details – for example, the under-cabinet lighting system. This all-new kitchen is the centerpiece of the home and ties in perfectly with the dining room and a pass-through allows you to entertain guests in the family room while you prepare meals.
In this crazy real estate market, it’s refreshing when you find a townhome that’s in pristine condition at a good price and isn’t another short sale or foreclosure. That’s exactly what you’ve found with 2729 Borkshire. This beautiful 2BR/2.1BA townhome is located in Cambridge Countryside on the far northeast side of Aurora near Fermilab and the Chicago Premium Outlet Mall. 2729 Borkshire is a single-owner property and has been impeccably maintained. It is being offered at a list price of $159,900 and there are several special financing options available. Please call Eric Rogers at (630) 346-1041 for any questions or for a private tour. Here are just a few of the exceptional features this townhome includes:
Perhaps one of the most impressive features of this townhome is the large country kitchen. You’ve probably seen the typical townhome kitchen before – you usually have banks of cabinets on either side of basically an aisle with the stove on one side and sink on the other. Probably functional but definitely not high-end. If that’s what you’re expecting here, be prepared to be pleasantly surprised. This townhome features a full-sized modern kitchen with all the amenities. Start with enough space to move around freely, even with the large center island. All appliances are included and in perfect condition (a rarity in this market where most sellers take their appliances with them or they’re so trashed you don’t want them). The beautiful oak cabinets offer plenty of storage space and the hardwood floors are pristine. Two features you’ll love, particularly i you like to entertain, are the corner sink and pass-through window to the family room. That way, you can be working on meals and still be interacting with your guests. The kitchen also includes a large pantry as well as a large dining area.
After a flat spring market, what’s in store for Northern Illinois for the rest of 2011? There are some factors that will be starting to influence prices and activity in the region beginning now – the most important being the rate of new foreclosures. Recent statistics show we’re currently at a 44 month low for new foreclosure filings. Also, the “shadow inventory” that was the big worry this spring has yet to materialize and many now believe that it was largely hype. As you can see from the graph, our downward slide in median price bottomed in May and since then we’ve seen things move up a bit. I would expect that to continue through this fall with perhaps a leveling off during the winter months. It remains to be seen what the current turmoil with the financial markets and uncertainty with Europe and the threat of a double-dip recession will do, if anything. I honestly don’t attribute our improvements since May to an increase in the number of new buyers – more of a combination of pent-up demand, fewer foreclosures and time of the year. There are lots of buyers “bottom shopping” this market – snatching up any juicy deals that come through. That’s causing an interesting situation where homes at certain price points are selling in days with multiple offers while others sit un-touched. Often the foreclosures in this market are garnering a lot of attention because they represent a quick purchase opportunity at great prices.
The number of foreclosures on the market over the last 5 years has risen dramatically. Currently in Illinois, there are areas where most or all of the sales are actually bank-owned foreclosures. For many buyers, the process of purchasing a foreclosure is unknown and there are a lot of myths out there that really don’t help or are flat-out wrong. The process of buying a foreclosure, bank-owned, corporate-owned or REO property has changed drastically just over the past few years. This post is intended to highlight the top 5 misconceptions about purchasing a foreclosure. As I’m sure you know, the market is constantly changing. It’s important that you work closely with an agent that specializes in foreclosures and bank-owned properties. I can help you safely navigate this process and have many years of experience in the foreclosure market. Call (630) 346-1041 or email me at erogers@c21proteam.com for more information.