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Old 03-27-2011, 09:02 PM
 
45 posts, read 131,732 times
Reputation: 16

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I notice that many homes with Naperville address compared to nearby very similar homes adjoining 3 suburbs e.g. North of plainfield, east of Aurora and west of Lisle have a huge price difference. Naperville homes are significantly expensive compared to others.

Are there any specific reasons for this besides school district?
Naperville school district 204 homes also are high in cost.

Is is faster appreciation in resale value for Naperville?
Please share your views
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Old 03-27-2011, 09:09 PM
 
28,455 posts, read 84,936,054 times
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Being NEAR a nice suburb is NOT THE SAME as being IN IT!

Schools, park district offerings, governmental services all truly do have value...

Last edited by chet everett; 03-27-2011 at 09:29 PM..
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Old 03-27-2011, 09:22 PM
 
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Much comes from the "naperville" name and it's reputation of being the poster child for everything people want in a suburb. Those other towns listed are fine, but are not naperville.
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Old 03-27-2011, 09:54 PM
 
1,096 posts, read 4,514,388 times
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Quote:
Originally Posted by TempesT68 View Post
Much comes from the "naperville" name and it's reputation of being the poster child for everything people want in a suburb. Those other towns listed are fine, but are not naperville.
The name is part of it but why 2 blocks outside of Naperville do prices drop dramatically. You still have the proximity, low crime, what you dont necessarily have is the school district and city serices.

Naperville's libraries are top notch, park district programs are great, dog park, frisbee golf park, etc, etc, etc.

If your not in Naperville you can't take adantage of many city services even though you only live a half block outside Naperville

These are all fine cities especially the parts that border naperbille but youd ont have the naperville name, city services, school district, etc
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Old 03-28-2011, 08:32 AM
 
12,999 posts, read 18,796,911 times
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Also the Metra station, convenient if you are going somewhere else along that line. But parking is scarce, even for Naperville residents. There are remote parking lots with shuttle buses, but that adds another seat to your commute and only runs at rush hour. And definitely the higher status afforded by a Naperville address.
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Old 03-28-2011, 04:17 PM
 
Location: Naperville, IL
21 posts, read 52,688 times
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I live in Naperville, and I have to admit I've never really impressed anyone by telling them that. For me, I'm willing to live in Naperville because of the school district and city services. I pay a premium to live near the 5th Ave station to have a shorter commute downtown. I really like my neighborhood - the older sections of Naperville don't feel nearly as suburban as the outlying areas.
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Old 03-28-2011, 11:32 PM
 
Location: Berwyn, IL
2,418 posts, read 6,223,069 times
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Everyone pretty much nailed it on the head. Services, schools and civic offerings make it excellent.
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Old 04-27-2011, 03:42 PM
 
Location: Tuxedo Park NY
10 posts, read 31,618 times
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Everything is excellent in naperville. Rated one of the best cities in the US to live in. The city services are outstanding and resale value fantastic. We are just moving out to NYC and I am so unhappy. Townhomes are well priced, and the north of naperville is much better than the south. The only thing I don't like about Naperville is the traffic in route 59. It can take forever.
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