GAMBINO REALTORS THE COLLECTION
MAY 2020
ROCK CITY
Welcome to the May issue of The Collection! As the month pushes forward, summer vibes fill the air and create excitement. Find your oasis in a new home that fits your needs. Whether you are looking for secluded luxury or a retreat that boasts water fun for family and friends during the warm months, we can help you navigate the market. Feel free to browse our feature homes where you are sure to find inspiration.
CHERRY VALLEY
Cordially,
Jonathan R. Krause, CRB President JKrause@GoGambino.com
ROCKFORD
THE COLLECTION Only Gambino Realtors places your home directly in the email inbox of 62,500 homeowners with a household income of $250,000.00 or more. Our reach through this luxury publication covers Winnebago, Boone, McHenry and Lake Counties in Northern Illinois.
815•282•2222 www.gogambino.com
ROCKFORD
ROSCOE
2020 LUXURY HOME FORECAST
By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time, their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to look at the forecast for the 2020 luxury market. Three Things to Think About in the 2020 Luxury Housing Market: Prices- The U.S. economy is strong today, with buying opportunities throughout the luxury end of the market. Thomas Veraguth, Strategist at UBS Global Wealth Management, says in Barrons.com, “There’s a good link between luxury real estate prices and [economic] growth.” Available inventory is a crucial element that can impact home prices. In the upper range, the inventory is greater in comparison to the entry-level market, making moving up to a luxury home a growing reality for many buyers. Activity in the Market- With more buying opportunities at the higher end, we should start to see an increase in activity. The same article states, “Affluent homebuyers will start to come out of the woodwork as they find rising luxury rents less appealing, and sellers get even more negotiable on price.” Buyers looking in the luxury market are taking the opportunity to negotiate on price in a segment where there are more choices. According to the Luxury Market Report, homes sold for an average of 96.94% of the list price in December. Buyers are also getting more for their money with greater purchasing power due to the current low-interest rates. Buyers Are Coming Back- Keep in mind, buyers are often sellers too, especially those looking to move up. Homeowners with an entry-level home can take advantage of the inventory shortage at the lower end of the market, thus driving higher sales prices for their current homes. Combined with growing equity in the homes they’re listing, it’s an excellent time for those who are ready to make a luxury move. The extra equity and higher purchasing power are bringing many buyers back to the market. The same article mentioned that, “We’ve already seen buyers who’ve been on the sidelines for two years tread back into the market.” If you’re considering entering the luxury market, 2020 is shaping up to be an excellent year for those who are ready to make that move. Let’s get together to set your real estate plan for the year. Contact Gambino Realtors at 815.282.2222.
COUNTRY DREAM $549,000 No corners cut on this spectacular country dream home. Hardwood slate floors throughout create a warm, welcome vibe with the neutral colors and in-floor heating. Chef ’s dream kitchen boasts high-end rustic hickory cabinets and commercial grade stainless steel appliances. The custom painting, hardwood and five and half inch trim throughout adds a special touch. Enjoy an evening in the huge family room with projector and beautiful gas/wood fireplace. Master suite lives up to its name leading out to deck, custom tile shower and walk-in closet with custom shelving. Upstairs features two identical rooms with jacuzzi bath/shower, walk-in closet and a bonus for explorers is the secret room access hidden in the closet. Basement features an exercise room, entertainment room, full bath and cedar room which would make a great wine cellar. Exterior offers top of the line Hardie plank and brick siding, 50-year steel roof, two car attached and four car detached garage with roughed-in heated floor. The country setting and landscape will sell this house alone. 2.4 acres on house lot and another 18.6 on separate parcel.
8247 E Eppleyanna Road • 4 BEDROOMS • FINISHED BASEMENT • OUTBUILDINGS • HORSES ALLOWED
Michael Gambino 815|978|0845 Contact View Full Listing for Details
REDENIUS WOODS TREASURE $297,000 Gorgeous move in ready four bedroom, three and a half bath, two-story in Redenius Woods. From entering the light filled foyer, you will be impressed with the open concept floor plan. Formal dining, den, great room with soaring ceiling. Large main floor master suite with separate shower area, walk-in closet and jacuzzi tub. Kitchen with granite countertops, island and pantry and overlooks the deck, fenced, wooded yard complete with a walking trail. Laundry is conveniently located on the first floor. Open staircase leads to three generous sized bedrooms on second floor. Partially exposed basement with full bath completed and open space waiting for your design ideas.
1465 Hidden Oak Trail • 4 BEDROOMS • 3.5 CAR GARAGE • PARTIAL EXPOSURE • FIRST FLOOR MASTER
Kathy Heeren-Ellis 815|708|4061 Contact View Full Listing for Details
CONVENIENT RETREAT $294,000
Beautiful Boone County home in Newburg Village. Featuring a layout that is both convenient and cozy, this home naturally creates a ranch-like ambience. Completely renovated by the current homeowner so all you will need to do is move in. The first-floor master feels majestic and roomy with its 10-foot ceiling, master bath with designer vanity, dressing table and chair, double sinks, granite and matching tile floor. Gorgeous finishes throughout include custom doors, windows, hardwood floors, Italian marble fireplace, designer light fixtures, ceiling fans and shades. Large eat-in kitchen showcases the granite finishes, stainless steel appliances and peninsula for all to gather. Second floor is home to three large bedrooms and bath. Additional features that make this home stunning include professional landscaping, hard-wired, low-voltage lighting, spacious Trex deck, stone patio, privacy fence, view of golf course, newer roof, alarm system, irrigation system and partially exposed lower level with rec room and office. Quick access to I-90/39/20. Convenient yet quiet with quick access to I-90/39/20. If you are impressed with quality, then you’ve got to see this home.
7319 Brimmer Way • 4 BEDROOMS • FIRST FLOOR MASTER • VIEW OF GOLF COURSE • PARTIAL EXPOSURE
Lan Vaughan 815|608|6137 Contact View Full Listing for Details
IMPRESSIVE ELEGANCE $265,000 The circular drive welcomes you and your guests to this impressive property with impeccable grounds. A generous slate foyer separates the formal living and dining rooms with hardwood flooring. The open kitchen is updated with granite countertops, breakfast bar, Frigidaire gallery appliances, pantry, bar sink and tile backsplash. An eating area with bayed window separates the wood beamed family room with fireplace. The patio in back overlooks the water feature, sitting areas, and landscaping with many perennials. A hallway off the family room leads to the first-floor master with walk-in closet, bath with double vanity, jetted tub and shower. A well-crafted staircase leads to the second floor with three good sized bedrooms, a large den that could be a fifth bedroom and another full bath. There is an updated half bath off the kitchen for guests and a well-appointed first floor laundry.
2125 El Rancho Lane • 4 BEDROOMS • FIRST FLOOR MASTER • FIRST FLOOR LAUNDRY • GARDEN SHED
Lyle McKinney 815|543|2008 Contact View Full Listing for Details
WOODED LOT PRIVACY $250,000
All brick two story situated on a 1.37 acre wooded lot on a cul de sac. Exceptional layout features an open staircase leading to the second floor with an open loft area. Beautiful eat in kitchen with cherry cabinets and Corian counters for your cooking adventures and entertaining. Generous size bedrooms with walk in closets offers room to grow. Main level full bath, office and a gorgeous stone fireplace. Home uniquely features additional in law quarters with one-bedroom, full bath, private laundry hook ups and private entrance. New to this home are updated bathrooms and 95+ furnace. With a three-car garage and invisible fencing, this home offers so much to enjoy.
8160 Har vest Hills Drive • 3 BEDROOMS • FULLY EXPOSED LOWER LEVEL • FIRST FLOOR LAUNDRY • 3 CAR ATTACHED GARAGE
Miguel Lobato 815|494|7905 Contact View Full Listing for Details
IF IT’S WATER FUN YOU WANT
ABOVE GROUND POOL Davis Junction
$174,000
MLS#: 202002472
Well maintained three-bedroom, tri-level plus a private office and all-purpose room. As you enter, enjoy the professionally painted living, dining room and kitchen all with newer flooring plus family room for winter and back yard for warm summers. Heated above ground pool is just what you need this season. Mary Shreve | 815 262 7726
ABOVE GROUND POOL Pecatonica
$179,900
MLS#: 202000881
Beautiful turn of the century home exudes stately elegance. Grand wrap around porch with pillars makes a statement. Original woodwork, gracious foyer with open staircase. Main floor mostly 10’ ceilings. Dining room with pine flooring. Colonnades between living room and dining room. Loads of newer oversized Anderson windows. 30’ above ground pool with extensive decking. Ginny Meyer | 815 262 8082
RIVERFRONT
COMMUNITY POOL & POND Rockford
$159,900
Rockford
$185,900
MLS#: 202000163
MLS#: 201907150
Beautiful setting on nearly an acre wooded lot backing to a farm field. Beautiful four-season room addition brings nature in with walls of windows overlooking the private yard. Updated kitchen with solid surface counters and stainless appliances including two ovens. The Tullocks Woods neighborhood includes community pool, tennis courts, pond, clubhouse and many events.
Waterfront masterpiece. Decorators’ own home with upgrades to prove it. All newer: lighting, ceiling fans, marble, appliances, fireplace, exterior doors, bathrooms, main level flooring, gutters, drain tile, landscaping, vinyl & steel fencing, fire pit, paver patio, sod and so much more. Quick possession possible. Don’t miss out on your change for a riverfront lifestyle.
Pam Cunningham | 815 289 6323
Jill Jarek | 815 621 5255
INGROUND POOL & RIVERFRONT
RIVERFRONT
Roscoe
Loves Park
$325,000
$425,000
MLS#: 202000169
MLS#: 202001239
Tranquility at its finest. Step into the kitchen offering hardwood floors, an abundance of quality cabinets with crown molding, granite counters, stainless appliances and buffet with built-in wine rack. The living room has a wall of windows overlooking a fabulous inground heated pool. It also overlooks the beautiful Rock River as the home sits high on a hill. Total acreage 1.74 both lots combined.
Tranquility at its finest. Step into the kitchen offering hardwood floors, an abundance of quality cabinets with crown molding, granite counters, stainless appliances and buffet with built-in wine rack. The living room has a wall of windows overlooking a fabulous inground heated pool. It also overlooks the beautiful Rock River as the home sits high on a hill. Total acreage 1.74 both lots combined.
Ryan Pearson | 815 218 6923
Miguel Lobato | 815 494 7905
GAMBINO R E A LT O R S FOUNDED IN 1923 L O C A L LY OWNED
OUR AGENTS LIVE, WORK AND VOLUNTEER IN THE COMMUNITIES WE SERVE
Call Gambino Realtors 815 | 282 | 2222 Or log onto gogambino.com to start your home buying and selling process today!
