Oak Park, River Forest and Elmwood Park Illinois real estate listings, home buying, selling and relocation information

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For Buyers: Oak Park, River Forest and Elmwood Park Illinois home buying, real estate listings, and homes for sale in Cook County, IL

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Buying Land and New Construction >Buying New or Buying Old

New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.

Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.

New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.

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Q	What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?
A	Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.
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Steve Scheuring, REALTORŽ, real estate agent and broker for Oak Park, River Forest and Elmwood Park Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Scheuring
Baird & Warner
7375 W. North Ave.
River Forest
IL 60305
Office: 708-697-5946
Fax: 708-383-0790
Steve@OPRFHouse.com
My clients choose me because I am committed to serving their needs. My actions are timely. My advice is objective. My assistance is un-intimidating. My service is complete. My drive is your success. It is a well-known fact that I utilize more technology-based marketing tools than any other area agent or firm! Digital photography, website advertising, and 24-hour availability are key elements to getting a home sold in todays market. When you begin your search to buy a home or prepare to list a home, it makes sense to have somebody help you that knows homes. My wife Julie and I have fully restored two homes. Our first was a Chicago Bungalow on the North Side; in 2000 we complete and sold our English Cottage on the 900 block of Marion in Oak Park. These homes were not quick rehabs to make money. They were our homes filled with hard work (more than 50% of the labor was our own), fun memories, and quality finishing. We have recently embarked on a restoration that will (hopefully) be our last. We purchased a Victorian at 320 N. Euclid and estimate a restoration process of more than seven years. Taking care of my customers needs is job #1 and leads to long workweeks. This is all I do, everyday, seven days a week. Let me help you learn what to do and what NOT to do in order to get your home sold. If you are buying a home, your job is just as rigorous. I can help you with everything from home inspectors to mortgage brokers. Selling or buying I help you with every detail to get you to that closing date.

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