About Lake Zurich's Cedar Creek

Cedar Creek in Lake Zurich

Cedar Creek is a single family built in the late 1980's and early 1990's by DiMucci Builders. Cedar Creek features 143 homes with floor plans ranging up to 2,628 square feet of living space. Cedar Creek is located on Route 22 west of Quentin in Lake Zurich, Illinois.

Activity in Cedar Creek for the past 6 months

1 homes sold in Cedar Creek in Lake Zurich from $221,950-$221,950 with an average price of $221,950 within the last 6 months.

-Lake Zurich-

Short Sales are they worth the wait? Wow more than ever buyers are latching onto the thought of "I am going to get a great deal and go after nothing but short sales!" In fact, just had one buyer say they were willing to submit an offer, wait the 4-6 months it usually takes, 4 mos being considered fast and unusual, submit earnest money in certified funds, and then wait it out. When we discussed all the other potential property on the market that also represent good deals, they were not interested and actually said lets not look at any others until we find out about this one. Does the public not believe these will take as long as they do? Even if we wait it out, there is no guarantee they will get the property unless it is within reason of the real market value 80-90%, so you could be left with nothing after 6 months? It just seems short sales have become more of an attraction for buyers, yet, there must be some way to educate them as to the fact that most of these are not closing. There are plenty of good buys on the market in most of the same neighborhoods as the short sales, so if rates go up by summers end, and the short sale you are waiting on falls through, what have you gained? 1 point of increase in rates could knock the pre-approved buyer down $25-50K in what they would then qualify to purchase. Prices are down, rates at all time lows, now is the buying time...

Homes in Cedar Creek Subdivision Lake Zurich IL

Cedar Creek of Lake Zurich IL is a subdivision built in the late 1980's and early 1990's. Located just south of Route 22 and west of Quentin Road the homes are in a variety of sizes and styles. You can choose from 2 story homes, split levels, a few ranches and some of the larger homes have brick elevations on the front.



The street names on Cedar Creek in Lake Zurich IL are:

• Cedar Creek Drive
• Fern Road
• Fern Court
• Berkley Road
• Knox Park Road
• Hidden Creek Road
• Stone Avenue
• Thistle Lane

Typical homes in Cedar Creek are 3 or 4 bedrooms, 2 or 3 car garages, partial or full basements and square footage excluding basements is between 2000 and 3000 square feet.



Homes are nicely spaced with good sized lots at the front and rear of the homes. Sidewalks are great for young kids to ride their bikes and when the trees fill in with leaves Cedar Creek Lake Zurich IL is a nicely established a pretty neighborhood to live in. Children attend Lake Zurich schools. Sarah Adams Elementary School is within walking distance during the warmer months, you can catch a bus if you feel like a ride. Kids travel on the bus to get to Lake Zurich Middle School South and Lake Zurich High School but both are only a few minutes away if the kids are involved in after school activities and need Mom or Dad for a pick up.



At the entrance to Cedar Creek Lake Zurich is a nice sized pond and Knox Park is on the west side of the sudivision. I am sure it will not be long before the soccer games start up and there is plenty of space for watching a game and having a picnic.



In the last 6 months there have been 2 foreclosed homes sold in Cedar Creek Lake Zurich and 1 short sale. The average marketing time for the other 4 sales was 145 days. 3 of the 4 sales had to reduce their asking price before they sold. The one sale that was priced right sold in 70 days. Cedar Creek Home sales were at 95% of final list price and 88% of original list price.

Other important things to consider are curb appeal, and condition of home inside. Be sure that your home is available to show any day of the week and it must be clean and tidy. Buyers have eyes like eagles and will spot dirt, grime and untidiness a mile away.

The following slide show shows all the Homes in Cedar Creek Lake Zurich IL currently for sale-contact me for more information. Corinne Guest 847-363-3686

Copyright 2010 Corinne Guest All Rights Reserved -*Homes in Cedar Creek Subdivision Lake Zurich IL*