When my team and I work with our buyers, we always aim to respect their price point. But without fail, every buyer wishes they could be in the next price-point up. A $200k buyer dreams about what they could buy for $400k. A $1 million buyer wants to be a $2m buyer. And a $5 million buyer is pissed because they crave what only an $8 million home can provide.
Which reminds me of a story curiously appropriate for this holiday weekend.
Every Memorial Day, my family had a fun tradition: to go camping with one of our closest family friends. Each family would rent their own camper and we’d caravan out to different sites in Michigan and Wisconsin for cook-outs, swimming, hiking, and other camping stuff.
The first year of this tradition, my family rented the most basic - and cheapest - Winnebago. We all squeezed in with my sister and me sleeping in the space above the driver’s seat, my brothers on the table that turned into a “bed,” and my parents on the extended sofa.
The Simons rented the GMC, a deluxe camper with so many more amenities and comfortable sleeping configurations.
My clearest recollections of that first camping trip center on the mishaps of the dud Winnebago: the cassette tape player spewing the Barry Manilow tape all over the dashboard and floor; the electric battery failing, forcing my mother to pop her popcorn at a gas station; and the truly unfortunate messes when we unsuccessfully tried to dump the waste.
The next year we decided to up our game and splurge by renting the same model GMC the Simons had rented the first year. But then they drove up in an even more deluxe top-of-the-line TSV-4 GMC model with a Cuisinart and microwave.
And when we rented the TSV-4 the next year, the Simons drove up in the coolest camper ever - the FMC, a kick-ass camper with a huge color TV owned by celebrities like James Brolin, Clint Eastwood, and Carol Burnett.
In retrospect, we should have been content with our basic model Winnebago. It largely did what it was supposed to do (mishaps and all) within our budget.
I believe the same is true with your house search: No matter your price point, we will find a home that works for you.
Even if it’s not a mansion suitable for Carol Burnett. Or the Simons.
Have a great holiday weekend!
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Belmont-Sheffield Music Festival
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Fulton Market Fashion Show
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Head to Fulton Market this weekend for a fashion show and party from True Groovy Media and Fulton Market Kitchen, sponsored by System Seltzer. This event will showcase two of Chicago's hottest, up-and-coming, international fashion designers: Raj Patel (founder of Karmic Couture) and Haochen (Jerry) Song (founder of Haochen Design). The night will feature sets from House DJs: Luke Fletcher and Kolbus as well as a runway from each designer. Must be 21 years or older to attend.
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3 Bed | 2.5 Bath East Lakeview
Offered at $1,485,000
Open House Saturday, 11:00 AM - 1:00 PM
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1040 N. Lake Shore Dr, #4D
3 Bed | 2.1 Bath Gold Coast
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680 N. Lake Shore Dr, #2300
2 Bed | 1.1 Bath Streeterville
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3 Bed | 3.1 Bath Gold Coast
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3 Bed | 2 Bath Gold Coast
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3 Bed | 2 Bath Uptown Chicago
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1254 W. Winnemac Ave, #3S
2 Bed | 2 Bath Uptown Chicago
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4 Bed | 3 Bath East Lakeview
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3 Bed | 2.1 Bath Logan Square
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3 Bed | 3.1 Bath Glenview
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5 Bed | 4.2 Bath Bucktown
Chicago's finest modern estate
To be offered at $7,250,000
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2550 N. Lakeview Ave, Penthouse
3 Bed | 3.1 Bath Lincoln Park
Dreamy one-of-a-kind Penthouse
To be offered at $6,250,000
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5 Bed | 3.1 Bath Roscoe Village
Gorgeous, architectural custom
home on double lot
To be offered at $2,875,000
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6 Bed | 6.2 Bath Lincoln Square
Enormous renovated treasure
To be offered at $2,395,000
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Modern. Vintage. Architectural. Cool.
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And everything in between.
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Check out previous "Into the Weekends" here.
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© Compass 2023 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass Real Estate is a Licensed Real Estate Broker with a principal office in New York, NY and abides by all applicable equal housing opportunity laws. All material presented herein is intended for informational purposes only, is compiled from sources deemed reliable but is subject to errors, omissions, and changes without notice. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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