Wednesday, March 22, 2017

North Shore Home Tax Deduction Mistakes to Avoid This Year

Your list of homeowner tasks to tackle this spring may be growing by the day, but there is one more item to check off your list that will likely require the most research and preparation— your taxes. Tax season can be a stressful time, but if you carefully sidestep the following mistakes, you can rest assured that you won't have any larger issues down the road.

Deducting the wrong energy efficient appliances
There is indeed a tax deduction available to Glencoe, Winnetka, Highland Park, Northbrook and Deerfield area homeowners who install energy efficient appliances, but you'll need to be sure you don't deduct those that don't qualify. Research what is eligible for the deduction every year as the regulations do change.

Deducting PMI above income limit
Did you know that you can only deduct PMI (private mortgage insurance) only if your adjusted gross income is less than $100,000? While this deduction can really be worthwhile for North Shore homeowners, it is important to make sure you don't attempt to take it if your income is beyond the limit.

Deducting the wrong property tax
If you escrow your property taxes, you might be quick to deduct the total amount in your account from your income. However, keep in mind that this amount is just an estimate and could be higher or lower than your actual tax amount owed. To be safe, it's best to look on your 1098 Form from your bank to learn how much you really paid in taxes for the year.

As your local real estate expert on Chicago's North Shore, I'm here to answer all of your questions about listing your home or buying new! Give me a call today for more information about today's market and your next steps whether you're ready to buy or sell.

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
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Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Wednesday, March 15, 2017

4 Home Features That Will Hook North Shore Buyers

When you're motivated to sell your North Shore home, you will likely go to many lengths to ensure that your property is ready for the market, but also to ensure you hook buyers from the start! Of course that is dependent on many factors, one of the most important being pricing, but there are a few home features that can help you grab and keep buyer interest this spring.

The front door
Curb appeal is everything to North Shore buyers, so grab their eye immediately with your front door! A bold color could be just what they need to want to see more, especially if the exterior is rather neutral. But if bold color isn't your cup of tea, consider an architecturally appealing door instead.

Ceiling height
High ceilings are a buyer favorite, but they are not available in every Winnetka, Glencoe, Highland Park, Deerfield and Northbrook home. If you are not among the high ceiling crowd, you can achieve a similar feel by painting your entry white, including the ceiling, to create the illusion of wide, open space.

Privacy
Don't have an open concept home? Don't worry! Many buyers love the idea of privacy between rooms, especially living and dining spaces. It's the differentiation between spaces that will set your property apart! Talk it over with your agent as buyers differ by location, but you may even like to consider adding a wall to achieve this feel.

Separation from the pack
Regardless if your North Shore home is located in a neighborhood full of similar looking properties, if yours has even one different identifying factor like a paint brick instead of the typical red, you could be on your way. Buyers today are looking for that something that sets your property apart from the rest, especially as many homes in today's newer neighborhoods tend to look the same.

I've helped numerous North Shore home sellers prepare their properties for the market and achieve a successful sale— let me do the same for you! Give me a call today for more information about the current market and the best time to list your home.

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Locally or across the country, think of me as your national connection. I can help you with all your real estate needs anywhere in the United States. 

Wednesday, March 8, 2017

Winnetka Real Estate Market Stats for February 2017

City Active Listings: There are a total of 157 properties actively on the market with the average price of $1,882,634 in Winnetka.

City Sold Listings: 12 properties closed last month in Winnetka with an average sales price of $836,875. The average time on market for these properties was 110 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Winnetka market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
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Local Expert... with National Connections!

Northbrook Real Estate Market Stats for February 2017

City Active Listings: There are a total of 265 properties actively on the market with the average price of $766,778 in Northbrook.

City Sold Listings: 37 properties closed last month in Northbrook with an average sales price of $599,511. The average time on market for these properties was 69 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Northbrook market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Highland Park Real Estate Market Stats for February 2017

City Active Listings: There are a total of 310 properties actively on the market with the average price of $893,618 in Highland Park.

City Sold Listings: 22 properties closed last month in Highland Park with an average sales price of $482,233. The average time on market for these properties was 111 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Highland Park market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Glencoe Real Estate Market Stats for February 2017

City Active Listings: There are a total of 100 properties actively on the market with the average price of $1,497,791 in Glencoe.

City Sold Listings: 6 properties closed last month in Glencoe with an average sales price of $662,000. The average time on market for these properties was 49 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Glencoe market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!

Deerfield Real Estate Market Stats for February 2017

City Active Listings: There are a total of 143 properties actively on the market with the average price of $777,539 in Deerfield.

City Sold Listings: 19 properties closed last month in Deerfield with an average sales price of $538,084. The average time on market for these properties was 45 days. 


To view the complete report including additional detailed data, charts ad graphs, please view the Deerfield market statistics

Janie Bress
Your North Shore Real Estate Expert


North Shore Real Estate
View North Shore Listings
Visit My Website


Local Expert... with National Connections!