Vacant land on the river ready to be developed. 1.84 acres with skyline views on an “L” shaped lot. Previously zoned for PD single family homes and townhomes. Close to Midtown, many groceries stores, Target, tons of restaurants. Environmentals completed. Bring your ideas!
We’re asked at many listing presentations, “Why should I stage my home?” We get it! When you’re looking to net the highest profit, the last thing you want to do is incur more costs. That said, in this case the old saying of, “Sometimes you have to spend money to make money” is truer than ever. Staging your home peeks prospective buyers interest and lets them visualize themselves living in your home. Presenting a buyer with a staged layout is the one of the best ways of getting them to the next step of envisioning where their own furniture would go and picturing what their future looks like in your home.
When selling your home perception is everything and staging is a tool that you as the seller can use to have more influence. Peaking imaginations with an organized, clean home and collection of cohesive furnishings not only accent the style and architecture of the dwelling, but also capture a larger audience and get more potential buyers to view your home in person. The more people viewing, the better chance of receiving an offer. The quicker you come to terms, the less you spend in holding costs. Seems simple enough, right? Well, as you are thinking this is an “investment”, so we all know that nothing is guaranteed. That said, here are a few stats on staging.
Sell for a Higher Price:
On average, Chicago listings that are staged sell for 4-6% higher than their non-staged competitors. An empty home can seem cold and be difficult for buyers to picture how the home could be laid out. Staging helps show the actual size of rooms and takes out the guess work. We want the buyers to imagine living in the home, not if their couch will fit in the living room.
A staged home will generally sell faster and receive more inquiries than a comparable home that is not staged. Buyers are generally viewing many homes and the more memorable your home is the better. When a buyer exits your home with a brochure filled with beautiful photos of your home, it is easier for them to recall it after viewing 10 other homes. Purchasing a home is based largely on “the feels” and staging can set the scene for those.
Cost of Staging:
The cost of staging your home is typically negligible to the price increase you yield for selling your home staged. Typical staging packages start as low as $2500 depending on the size of your home. While holding costs for every seller vary, staging to begin with takes out the guess work on multiple levels and eliminates an extended listing time should your home not sell and you decide a stage must happen later.
Simply put, using a professional staging company highlights the layout of your home and adds a designer feel for a nominal price. No home is 100% perfect. However, staging helps to enhance the wonderful aspects and put a little lipstick on the funky parts. In these instances, things that we initially view as needing a bit of camouflaging, can turn into a charming addition. Our goal as your realtor is to give you not only the best advice, but amazing resources as well. Sometimes a home needs nothing more than a bit of decluttering and rearranging, in other instances a full stage in the best choice. We’re here to walk through your home and give our assessment & ideas to garner the most favorable outcome for you. The Dowell Group creates individual a marketing platform for each listing with the objective to yield more money in less time. Contact us today for an appointment at 312-391-5655 or firstname.lastname@example.org. With our expertise you will have the satisfaction of knowing that you have done everything possible to procure a quick and profitable sale for your most valuable asset!
A condo building wrapped in corrugated metal that changes color with the light is in the works for Ukrainian Village.
“It’s going to look totally different depending on when you look at it during the day or during the year,” said Karen Ranquist, the Berkshire Hathaway HomeServices KoenigRubloff Realty Group agent who will represent the eight condos, which are not yet on the market.
The wrap is a thin layer of corrugated steel with a silver finish, said Vlad Radutny, principal of River North-based Vladimir Radutny Architects, who designed the building for the developers. He chose the material because “it will give the skin of the building a dynamic quality that the residents and the neighborhood can enjoy.”
The metal will cover the building’s primary construction material, concrete block, and will not trap stifling heat as an all-metal container would, Radutny said. The blocks also will muffle the sound of rain hitting the metal siding, he said.
“It’s going to look like a metal box, floating above its foundation,” Karen Ranquist said. The metal siding extends a few inches from the exposed concrete-block bottom of the building, as seen in the rendering.
Developers Bob Ranquist of Ranquist Development Group and David Horowitz of Spartan Development plan a May groundbreaking on the Rice Street side, she said. List prices will run from $549,800 to $769,800.
A venture associated with Horowitz and Ranquist bought the site, where three single-family homes now stand, for $1.56 million in July.
Each unit will have a large outdoor terrace, and the top-floor condos will have stairs to unfinished roof decks, she said. Parking spaces in the garage will cost an additional $15,000. The first move-ins will be in mid-2018.