How far will your money go?
In some markets, the budget of up to half a million dollars can already buy you a spacious home with plenty of amenities. In others, this budget can get you a good-sized condo or townhouse, but not a single family home.
In Naperville, you can have both below this price point. A good selection of townhouses and single family homes are available under $500,000.
Townhouses for sale
There are many available ample-sized townhouses with excellent amenities and features for you to choose from, if you prefer the townhouse lifestyle. These townhomes are affordable and range from $90,000 to $320,000.
They offer 980 to 2,380 square feet of living space, with the price per square foot ranging from $114 to $145. With one to three bedrooms, the same amount of bathrooms and a couple of half baths in some, these townhouses are comfortable and secure.
You will find these townhouses have generous-sized living rooms, with some having hardwood floors and others having carpet floors. Many are designed for the modern lifestyle and feature an open layout.
Most townhouses have fireplaces in the living rooms, ensuring warmth on cold nights.
The kitchens feature loads of cabinets for storage and modern appliances. Some townhouses have eat-in kitchens and breakfast nooks. There are also several townhouses with pantry closets, and others have laundry rooms.
Many townhouses in the upper-end feature granite countertops, breakfast areas and luxury master suite bathrooms. Some have basement areas where entertainment or game rooms can be added.
High-end townhouses also have luxurious and spacious master bedrooms, spa-like master bathrooms and some have family rooms. They are also in proximity to local amenities like dining and shopping options and schools.
Single-family homes for sale
There are also plenty of single-family homes for sale in Naperville under $500,000.
The average listing price for single-family homes in Naperville is from $449,000 t0 $475,000. Single family homes usually start from $250,000. There are rarely any single-family homes for sale below that price range.
Most homes for sale under the half million dollar range are move-in ready, but there are some under the price range of $280,000 which may need some TLC. These homes are usually in teardown and rebuild areas, so you have the option of tearing it down and building a new custom-home.
Other than these homes, other homes for sale are ready to move into, and have been refinished and upgraded. Naperville homes have varied architectural styles like Postmodern, Continental, Traditional, Colonial, Cape Cod and Ranch styles. Of course, there are some homes which display a fusion of two or three styles.
Naperville homes under the $500,000 price point stand on lots ranging from 7,000 square feet to half an acre, giving you plenty of front and backyard space. Many homes above $300,000 have been refinished and upgraded. They offer 1,600 to 3,395 square feet of living space and the price per square foot ranges from $119 to $232.
You’ll find many homes from $300,000 to $499,000 feature 2-5 bedrooms, 2-3 full bathrooms and some have half bathrooms.
Many homes have 1 fireplace, although there are some which have 2 fireplaces. Many single family homes also have attached garages which can accommodate 1-2 cars. These homes are bright, comfortable and spacious.
Among the common trend in amenities you will see in many homes for sale in Naperville under $500,000 are hardwood floors, spa-like bathrooms, and kitchens with granite or quartz countertops, stainless steel appliances, tile backsplashes, breakfast bars and kitchen islands.
Most homes have modern master bathrooms with custom vanities, new light fixtures, walk-in showers and tubs. Many homes also have lower levels or basements, with some finished and others unfinished. For outdoor entertainment, many homes have private patios.
These homes are located in nice subdivisions where residents enjoy excellent amenities.
In the market for a home in Naperville? Check out this website for available homes under $500,000.http://search.downtownnapervillehomesforsale.com/idx/search/
In case you can not view this video here, please click the link below to view Homes for Sale in Naperville Under $500,000 on my YouTube channel: https://www.youtube.com/watch?v=IbPbnsZV9GE&feature=youtu.be
Teresa Ryan – Ryan Hill Group – 1288 Rickert Dr. Suite 300 Naperville, IL 60540