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Market Activity Report & Preliminary Home Valuation

164 The Lane

Hinsdale, Illinois 60521
Estimated Value Range
$1,650,000 – $2,100,000
⚠ Note on This Range: This range is based on AVM data from First American, Remine, and Zillow, plus recent comparable sales. A 2006-built home of this size in Hinsdale in original condition vs. one with renovated kitchen, baths, and finishes can differ by $200,000 or more. Once we discuss updates since construction, we can sharpen this estimate significantly.
Based on comparable sales & current market data · April 2026
Prepared for: Jason Shaffer
Prepared by: Mike Berg · Berg Properties
This is a preliminary estimate and not a formal appraisal.
1

Executive Summary

This Range Will Be Refined After Our Conversation

The AVM consensus from First American ($1,893,000), Remine ($1,747,193), and Zillow ($1,942,800) places the estimated value range at $1,650,000 – $2,100,000. A 2006-built home of this size in Hinsdale with updated finishes and systems can command $2,000,000+, while one in original condition is typically closer to the $1,650,000–$1,750,000 range. The most impactful factors: kitchen and bath updates, primary suite condition, basement finish level, and outdoor/landscaping improvements. A brief conversation to confirm these details will tighten this range considerably.

Estimated Value Range
$1,650,000 – $2,100,000
Most likely value: ~$1,750,000 – $1,950,000
~$1,861K
AVM Consensus
~$1,661K
Est. Net Equity
~89%
Equity %

This report provides a preliminary valuation estimate and Hinsdale market overview for the single-family home at 164 The Lane, Hinsdale, Illinois. The property is a substantial 2006-built home with 6 bedrooms, 5 bathrooms, and 3,348 above-grade square feet on an 8,712 sq ft lot — one of the larger homes in the immediate area. The Lane is one of Hinsdale's most recognizable addresses, steps from the D181 Lane Elementary school and within easy walking distance of downtown Hinsdale and the Metra train.


Hinsdale remains one of the strongest real estate markets in the Chicago metro, and the Hinsdale Central (District 86) high school designation continues to drive buyer demand and price premiums. A 6-bedroom home of this size and vintage in this location is a genuinely rare offering — there are very few directly comparable homes, which actually works in your favor when properly positioned.

2

Property Details

🏠
2006
Year Built
🛌
6
Bedrooms
🚽
5
Bathrooms
📏
3,348
Sq Ft Above Grade
🌿
8,712
Lot Sq Ft
📍
0.20 ac
Lot Size
FeatureDetailFeatureDetail
Property TypeSingle Family, 2 StoriesNeighborhoodThe Lane / D181 School Zone
Year Built2006CountyDuPage
Bedrooms6Bathrooms5 Full
Above Grade Sq Ft3,348Lot8,712 sq ft (0.20 ac)
School District (ES/MS)District 181 – Lane ElementaryHigh SchoolHinsdale Central – District 86
WalkabilitySteps to Lane Elementary, Downtown Hinsdale, MetraNature AccessNear Fullersburg Woods Forest Preserve
3

Your Equity Position

Estimated Equity vs. Remaining Loan Balance

~89% Equity — ~$1,661,000
Est. Remaining Loan: ~$200,000 (11%) Est. Value: ~$1,861,000

Based on the AVM consensus value of approximately $1,861,000 and an estimated remaining loan balance, you have built an estimated $1,661,000 in net equity — roughly 89% of your home's current value. Hinsdale's average annual appreciation of ~6% since 2006 has driven substantial long-term gains in this neighborhood.


Note: Equity estimate is based on AVM valuation and a typical loan paydown trajectory. Actual equity will vary based on your specific mortgage balance. Confirm with your lender for a precise figure.

You've Built Over $1.6 Million in Equity at 164 The Lane

Let's talk about what a sale could look like — your net proceeds, the right timing, and how this home should be positioned in the current Hinsdale market.

📞 Call Mike: 773-544-9785 ✉ Send a Quick Email
4

Comparable Sales (CMA)

Because 164 The Lane is a 6-bedroom, 3,348 sq ft newer-construction home on one of Hinsdale's premier school-adjacent streets, direct comparables are limited — which is actually a positive. Scarcity at the higher end of the market reduces competition and supports strong pricing. The comparables below represent the closest available matches in size, vintage, and location.

AddressSold DateSale PriceBeds/BathsSq Ft$/SqFt
140 N Quincy StJan 2026$1,650,0005 / 3.53,376$489
19 N Vine StJun 2025$1,475,0004 / 3.53,418$432
23 N Vine StOct 2025$1,393,0005 / 2.54,179$333
130 S Grant StNov 2025$1,540,0005 / 43,600$428
325 S Garfield AveFeb 2026$1,425,0005 / 3.53,200$445
45 N Elm StMar 2026$1,575,0006 / 43,500$450

Comparable Sale Prices vs. Subject Property Estimate

5

Automated Valuation Models (AVMs)

Multiple independent valuation providers estimate your home's value using public data. AVM models do not account for interior condition, updates, or finishes — a full walkthrough will allow us to determine where your home falls within this range. The AVM consensus from three independent providers centers around $1,861,000, with ranges extending to $2,170,000 on the high end.

AVM Estimates Comparison

ProviderEstimateNote
First American$1,893,000Range: $1.65M–$2.17M · Mar 2026
Remine$1,747,193Range: $1.44M–$1.97M · Apr 2026
Zillow (Zestimate)$1,942,800Range: $1.77M–$2.16M · Apr 2026
Average$1,861,000
6

Local Market Conditions — Hinsdale 60521

Hinsdale remains one of the strongest real estate markets in the Chicago metro area. As of early 2026, it is firmly a seller's market with low inventory, strong buyer demand, and year-over-year price appreciation of +15.3%. Homes in the District 86 zone with 5+ bedrooms continue to attract significant buyer interest, particularly from families relocating from the city or other suburbs.

$951K
Median Sale Price (Hinsdale)
▲ +15.3% Year-over-Year
$925K
Median Sale Price (60521 zip)
Seller's Market
50–66 days
Avg Days on Market
Well-priced homes move fast
99.1%
List-to-Sale Ratio (D86)
Homes selling near asking
$430+
Avg $/SqFt for 3,000+ SqFt
▲ Rising at upper end
Low
6-Bedroom Inventory
Scarcity supports your price

Hinsdale 60521 — Market Price Context

📚 For a deeper look at what's driving prices in Hinsdale right now, read the full Hinsdale Home Appraisal Guide — covering local trends, school district values, and what buyers are paying a premium for today. You can also view a sample detailed report for a nearby property at 122 N Park Ave, Hinsdale.

7

Schools — District 181 & District 86

Your home sits within two of Illinois' most highly regarded school districts. The Lane Elementary School is steps away — a detail that buyers with young children actively seek and pay a premium for. Combined with the Hinsdale Central High School (District 86) designation, your home occupies one of the most desirable school zones in the entire state.

🎒
Elementary School
The Lane Elementary
District 181 · Steps Away · Rated A+
📚
Middle School
Hinsdale Middle School
District 181
🎓
High School
Hinsdale Central High School
District 86 · Top-Ranked in Illinois
8

What Will Sharpen This Estimate

🔎

Help Us Narrow the Range

The difference between the low and high end of this estimate is largely driven by condition and updates. Share any of the following when we connect and we can refine this estimate immediately.

Update / FeaturePotential Value ImpactWhy It Matters
Kitchen remodel (cabinets, counters, appliances)+$75,000 – $125,000Highest ROI update at this price point
Primary suite renovation+$40,000 – $80,000Buyers at $1.5M+ expect a spa-quality primary
Basement finish level+$50,000 – $100,000Finished basement w/ rec room, bath is expected
Outdoor / landscape improvements+$30,000 – $60,000Buyers at this level expect curated outdoor space
Mechanical / systems updates+$15,000 – $30,0002006 systems may need updating — buyers will ask
Additional bathrooms or bedroom countVaries6 beds already a strong differentiator
9

Recommended Next Steps

How We Move Forward Together

1
Review this report and note any questions about the valuation or the Hinsdale market.
2
Share any updates or improvements — kitchen, baths, basement, outdoor — so we can refine the range.
3
Schedule a free 10-minute call to walk through the numbers and your goals and timeline.
4
Receive a tightened valuation and a positioning strategy tailored to your home and today's market.

Ready to talk? Reach out at [email protected] or call 773-544-9785

Hinsdale Home Valuation

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Mike Berg is one of the only agents in the western suburbs with both Zillow Showcase access and 14 years as a Certified Appraiser. Get a data-driven valuation tailored to your home.

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Disclaimer: This is a preliminary home valuation based on publicly available data, automated valuation models, and recent comparable sales. It is not a formal appraisal and should not be used as a substitute for a professional appraisal. The actual sale price of a property is determined by market conditions, negotiations, and the specific condition of the home. All data sourced from public records, MLS data, and third-party AVM providers as of April 2026. Berg Properties makes no warranties regarding the accuracy or completeness of this information.