South Barrington is located in Cook County Illinois and is home to some of the most expensive homes in the Barrington area. Alongside Barrington Hills, which also has luxury homes but with the added benefit of larger acreage, South Barrington’s real estate choices often exceed $5 million in price. Who chooses South Barrington as their location for a luxury home and why is South Barrington such a popular choice for luxury home buyers?
Why Buy In South Barrington?
- Luxury Homes
- Great School District
- Close to Interstate
- 40 minutes to Chicago O’Hare
- 1 Hour to downtown Chicago by road or rail
- Large single family homes
- Gated Communities
- Waterfront Homes
- Active Adult Community
- 1 to 2 acre lot sizes
- Country Suburban atmosphere
- Boutique shopping alongside major big box stores.
Buyers can find homes in South Barrington starting at around a half million dollars. The median price is currently $939,000. Luxury homes are considered those that have features and amenities that are less common in other homes. For example, wine cellars, swimming pools, theaters, in law suites. These features are often found in many of the homes in South Barrington because it has always been the most expensive area in Barrington. The cost per square footage of homes built in South Barrington always exceeded nearby Inverness and Barrington Hills, although in recent years Barrington Hills built very large estate homes and often had similar prices if not higher.
A Typical Buyer
A typical buyer of a luxury home in South Barrington is likely to be financially stable with a good income. The ability to either support a good sized mortgage or have cash funds to either buy outright or put down large down payments generally means buyers will be in professional careers such as business owners or Physicians or high level employees like VP’s, Directors, CEO’s etc. This is a generalism and any one with the funds can buy here, that goes without saying.
Luxury Home Options and Expectations
With a median price of $939,000 I think it’s fair to say the true luxury homes in this small village start around $1.5 million. There are currently 22 homes for sale between $1.5 million and $5.3 million and each offer estate sized homes with super accommodations. Buyers at this level may be looking for a number of things when buying homes at these prices, many we mentioned above. Here are some examples of what buyers might find in the top quartile of South Barrington’s finest homes offered for sale.
- 4 to 7 bedrooms
- 3 to 8 full bathrooms
- 1 to 4 partial bathrooms
- Primarily two story homes
- Brick, stone, cedar, stucco exteriors.
- 3 to 9 car garages
- 1 to 2 acre lots on average
- Indoor and Outdoor Pools
- Saunas and Solariums
- Outdoor Grills and Fireplaces
- Copper Sinks inside and Copper Gutters outside
- Bluestone Terraces
- Handscraped Hardwood Floors
- Limestone Floors
- Bars, Wine Cellars, Theaters
- Billiard Rooms
- Square Footage up to 21,000
- Traditional, Contemporary, French Provincial Styles
- Waterfront Locations
- New Construction
- Precision Millwork
- Well respected local builders
- 2nd and 3rd kitchens, multiple laundry rooms
Waterfront Luxury Homes
Although only 3.67% of South Barrington is water there are plenty of lakes. The Coves is the largest with 85 acres of water and there are plenty of other smaller lakes. Eastings Mere for example has homes in a horseshoe shape with many offering views of the small central lake. The subdivision forbids any outdoor swimming pools to maintain the beauty of the view. Below is an aerial photo of Eastings Mere to give you an idea of what your waterfront home might look like.
Finding The Right Luxury Home Buyers Agent Real Estate
If you are a buyer in the market for a luxury home and South Barrington is a location you are interested in, you would be best served by a real estate agent that knows the community. Corinne Guest Managing Broker of Barrington Realty Company has been serving buyers and sellers in South Barrington for over 10 years.
Find an agent that has the right attitude for your needs. Do you prefer the pushy sales person to get you to commit to a purchase? Or do you prefer a Realtor that truly feels vested in your happiness and home choice? We are not pushy, when buying luxury property we want you to be 100% in love with your new home. If that requires patience you won’t find anyone better than us. Our past clients have told us so.
Where To Find Luxury Homes For Sale in South Barrington
Ready To Sell a Luxury Home?
Just as finding a buyers agent to help buy a luxury home is important, so is finding the right selling agent. There are many questions you can and should ask when interviewing Realtors to help you. Here are just some of them:
- How well do you know the real estate market in this area?
- Do you work full time or part time
- How many clients do you represent at any given time?
- How long have you been in the business?
- How good is your internet presence for the area?
- What is your marketing plan and why?
- What negatives do you see in my home and how will you resolve them?
- What positives do you see in my home and how will you promote them?
- What services are you offering as part of your representation?
- Why do you work for the company you do and how does that benefit me?
- What are the terms of our listing agreement likely to be?
- What changes do you feel are needed before listing for sale?
- Do you feel confident about selling our home?
- How do you communicate during the listing period.
- How often will we hear from you?
This is not a precise or finished list of questions. Property sellers have ideas about what they would like in a Realtor and you are not all the same. Just as real estate agents are not all the same. We do not all offer identical services so interviewing to find the right agent for you will help cement a good relationship from the start. We cannot possible all like each other and although selling homes is a business transaction, I for one believe in working business relationships being good from the start.
Our suggestion is to write your questions down so you ask the same questions of each agent. Otherwise you won’t be gaining a true comparison of services because likely you’ll forget some of your questions. You might also like to keep tabs on ourto get a feel for what’s going on today.
FREE Home Valuation
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What Helps Sell Your Luxury Home?
Although bedroom and bathroom count is important information to all buyers, when it comes to selling luxury homes you need to tell the story of your home. It must invite the right buyer, not just the buyer that has funds to by a luxury home, but a buyer who sees your home having those features and benefits they desire. Consider it a canvas where you are to showcase all you have to offer.
The question is what are you offering? The quick answer is you are selling a lifestyle.
It’s time to speak about what you love about your home and the lifestyle it affords you. There’s no need to get too fancy or complicated with the words but telling a story paints a picture. Think of it as the bait that tempts the fish. The goal is to entice buyers to want to see more. In a luxury home market there are less homes but also less buyers. The secret is to use verbs rather than adjectives. Adjectives describe the thing i.e. bedroom and the verb describes the experience i.e. lavish. Here are some examples:
- A bedroom is one thing, a lavish master suite conjures up an entirely different emotion.
- 2 acre lot gives a size, Bluestone patio surrounded by beautifully landscaped lawns, provides privacy for relaxation gives a sensation.
- Master Jacuzzi Tub is a bath tub. Return home to warm bubbly jets of water in your private master bathroom suite to sooth away the days stresses sounds so much better.
Of course all this takes effort. A good listing agent will find emotional experiences for so many aspects of your luxury home and tell a story. Descriptions on our MLS (Multiple listing service) have recently been extended however a post written similar to this one gives an author the ability to paint a picture. Add the photos in like I have done here and buyers can really start to connect with a home.
Can you remember why you bought or built your home? Think about it and let your listing agent know. It might just be the reason your buyer will want to buy!
Appearances, Appearances, Appearances
Wait what about location, location, location? Well South Barrington is already one of the top locations in Chicagoland for luxury home buyers and unless you have a busy road close-by, I would say you don’t have a lot to worry about.
Appearances of luxury homes both at curbside, nearby the home and on the inside are all critical. Much more so than all the other homes for sale. It’s time to take the time to sparkle like a diamond.
I recently visited a home in the Barrington area that was not luxury but was over a half million. That’s a lot of money for any buyer. The driveway was exactly as I remembered four years ago when I took a buyer to view it last time it was for sale. The asphalt had not had a top coat in years, all the cracks were full of grass tufts and the edges were overgrown with grass slowly occupying more drive than asphalt. This gives a horrible impression of lack of caring and a buyer has not even reached the front door.
It’s time to get really critical about the presentation of your home. Buyers in the luxury market are going to expect perfection. Call the painter, handyman, your service companies, carpet cleaner, landscapers and start taking care of all the little and large things that need doing. Do it before your home goes on the market for sale.
A good luxury homes listing agent can help with a critical eye if needed. We are used to seeing the little touches that need attention and we are also used to knowing what buyers focus on.
Showcasing Your Home
Show buyers how your home is used with tables ready to dine, family rooms ready to relax, outdoor living spaces with furniture ready to entertain. The rest of the kitchen should have minimal decor on the counters and items that would be expected in a showcase kitchen.
Meticulous care given to the landscaping of this property before we took some elevated photos. New mulch in the beds, trimmed hedges that hugged the lines of the decorative wall, and shrubs appropriately trimmed for presentation.
When it comes to outdoor space, showing buyers additional living space should be enhanced with furniture. Sadly our owners had already moved out of state and had taken their furniture with them. The photo however does give great perspective on the available space.
A view from the outside of a home always helps buyers picture their relaxation or family time outside. Luxury home buyers in South Barrington want to know what the backyard view will be and waterfront is always an in demand feature.