1493 Burberry Lane, Schaumburg, Illinois, 60173, presents a compelling opportunity to own a spacious and luxurious family home. This impressive residence, boasting 5 bedrooms, 4 bathrooms, and a generous 4826 square feet of living space, sits on a desirable lot within the prestigious Schaumburg community. This in-depth article will explore the property's features, provide insights gleaned from its sales and tax history (where available), offer estimations of its current market value, and present an aerial perspective to fully appreciate its location and surroundings. We will also delve into the broader Schaumburg real estate market and discuss the advantages of choosing this particular location. Finally, we'll address the key aspects potential buyers should consider before making an offer.
Property Overview: A Grand Residence in Schaumburg
The property at 1493 Burberry Lane is more than just a house; it's a statement of sophisticated living. The 4826 square feet are intelligently distributed across two or more stories (exact configuration to be confirmed from property listings), creating ample space for a large family or those who appreciate generous living areas. Five bedrooms offer comfortable accommodation for everyone, while four bathrooms ensure convenience and privacy. The layout is likely to include a formal living room, a family room, a dining room, and a well-equipped kitchen. High ceilings, large windows, and carefully chosen architectural details likely contribute to the home's elegant ambiance. We can anticipate features such as hardwood flooring, updated fixtures, and possibly a fireplace or two, adding to the home's warmth and character. The exterior is likely to be just as impressive, possibly featuring a well-manicured lawn, mature landscaping, and perhaps a patio or deck – ideal for outdoor entertaining. Further details about specific features, such as a finished basement, a pool, or a three-car garage (or more), would require reviewing current listing details.
Delving into the Data: Sales and Tax History (Subject to Availability)
A thorough understanding of a property's history is crucial for informed decision-making. Accessing the sales history of 1493 Burberry Ln, Schaumburg, IL 60173, through public records (such as the Cook County Assessor's website) will reveal previous sale prices and dates. This data provides valuable context for assessing the current asking price and understanding potential appreciation over time. Similarly, the tax history, accessible through the same channels, will showcase the property's assessed value and tax payments over the years. Analyzing these trends can help buyers understand the property's tax burden and predict future tax obligations. This information, coupled with comparable sales data in the immediate vicinity, will allow for a more accurate estimation of the home's current market value.
Estimating Home Value: A Multi-Factor Approach
Determining the precise value of 1493 Burberry Ln requires a multifaceted approach. While online home value estimators provide a starting point, they often lack the granular detail needed for an accurate assessment. A comparative market analysis (CMA) conducted by a licensed real estate agent is essential. This involves comparing the subject property to recently sold comparable homes in the immediate neighborhood, considering factors such as size, condition, features, and lot size. The agent will adjust the values of comparable properties based on differences in features and conditions, resulting in a more precise valuation. The CMA, combined with the sales and tax history, will provide a robust estimate of the property's current market value.
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