Friday, August 16, 2013

Town house sales in Blaine School district 2013

The desirable Blaine public elementary school resides at North Southport and West Grace (all photos Eric Rojas, Real Estate Broker)
We viewed a well priced 3 bedroom town house adjacent to Blaine School with our clients earlier this week.  At $825,000 asking for 3842 N Southport Unit J, the town house is a terrific alternative to the heated single family home market in this popular Southport Corridor location.

The town homes at 3842 N Southport.  It's one of the newer and higher-end town house developments in the district. (Photo Eric Rojas, Real Estate Broker)
2013 Town House sales in Blaine School District (Jan 1st - August 15th)

We see nine town house closings recorded on the MLS this year for Blaine School district.  The median price is around $475,000 (however the lower end are typically two bedrooms, plus a den or family room rather than the coveted three bedrooms). 
A rare Dairy Queen across the street from Blaine! (Photo Eric Rojas, Real Estate Broker)

The highest sale this year is at 3842 N Southport for $805,000.  The 3 bedrooms town home with family room was built in 2006 and is adjacent to Blaine School.  The lowest recorded town house sale in Blaine is at 1416 W Waveland for $390,000.  The two bedrooms, two and one-half baths home was built in 2000 and sold quickly.

Under Contract

Currently four town house units in Blaine School are under contract with a median price of about $575,000. 

It pays to keep a sharp eye out for town house opportunities in Blaine School.  There are only a handful of units available under $500,000 during each year.  Town homes are a great way to maintain an urban, city life while getting a little of the space and amenity a single family house may provide.
Street life in Southport Corridor = walking and al fresco dining

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