Archive for the ‘Boston Property For Sale’Category

The Value of Your Future Home

When shopping for homes you should keep in mind the future value of your home, whether you plan on one day selling it for your retirement or leaving it to your loved ones. Whether your plan is to purchase a home as an investment or to make it your family’s first home, there are several things to research before you buy. You can find the answers to the questions below on the Internet and by visiting the neighborhood and dropping in on its local businesses.

What is the state of the neighborhood?

  • Basic needs for future buyers include a low crime rate, parks and recreation facilities, transportation routes (bus stops or train stations), and nearby shopping areas.
  • Neighboring homes should be well-maintained.

Visit the schools!

  • You can look at public schools on the Internet, but you’ll never know the actual school environment until you visit the school itself.

Are people moving in or moving out?

  • Do a Google search for the street you’d like to buy on to see if any of the nearby homes are for sale.

How’s business?

  • Aside from checking out the local businesses, you can also visit the town hall or city hall to find out future developments in or around your neighborhood. Developments can increase or decrease surrounding property value and taxes.

Before doing any of the research above, make sure you like what you see in your future neighborhood. Will you enjoy spending time in the area, taking walks with your kids, visiting the local restaurants or cafes? Or area you simply focusing on the best bang for your buck, and not taking the local area into consideration?

For help on browsing Boston real estate, consider the real estate agents at Prudential Prime Properties. Prudential Prime Properties has years of experience helping people find homes in Boston. The firm has years of experience helping residential, commercial, and rental clients find properties. For additional insight on buying real estate in Boston, refer to the Categories list on the right column of this blog.


Boston’s Rising College Costs Give Way to New Real Estate Trend

A recent article in the Wall Street Journal explores the growing trend of parents buying property in college towns for their son or daughter to live in while attending school. In today’s real estate market, a mortgage for a single-family home in Boston can be cheaper than the cost to rent an apartment or to live in a dorm. The Boston Globe even noted that housing prices continue to fall while “renters feel no relief” – rents remain the same or increase. At public and private universities nationwide, room and board has increased 5% since last year, averaging $7404 per school year for public universities and $8595 for private. With many families struggling to pay rising college fees, a change in housing options can provide huge relief on monthly expenses.

A search through Boston real estate listings pulls up a three-bedroom, one bath condominium on Grant Street in Boston. Close to the UMass Boston campus, this listing would be ideal for a student and a few roommates. A monthly mortgage payment could cost under $2000. To compare the benefit of owning a home to renting an apartment, parents could use Google Maps’ rental search feature to browse apartments listed around UMass Boston. It can cost anywhere between $1500 and $1800 for a 2-bedroom rental, or between $750 and $900 to rent one of the bedrooms. By purchasing a condominium, parents could rent out the two other rooms and cover part of the mortgage each month. The cost to house their son or daughter would be less than the area’s average monthly rent. The parents would be saving money in the short term. Thinking more long-term, a college town has a recession-proof demand for apartment rentals. After graduation, the family could continue renting out the property to college students or to a family.

Buying property in Boston offers relief for families struggling to keep their student in college. The short-term advantages are just as valuable as the long-term benefits.


Going from Renter to Owner in Cambridge MA

In Boston, a renter’s average payment is about $1700 per month. Year after year, rents have gone up while housing values fall. Sometimes, making the transition from renter to homeowner makes the best financial sense – especially now that the real estate market is a buyer’s market. Cambridge MA real estate can offer a simple way to go from renter to homeowner.

In this buyer’s market, now is the perfect time to make that transition. The city of Cambridge is an excellent place for a young professional in Boston to transition from renter to buyer without sacrificing any facet of his or her city lifestyle. Cambridge is home to some of Boston’s most cherished restaurants serving an array of world cuisines, from Indian to East African. The city’s intellectual pulse is reflected in the rotating independent films shown at its famous theaters. Some of the best shopping in Boston can be found in the small, eclectic shops around Harvard Square, and of course there’s always the CambridgeSide Galleria. The close-knit community of Cambridge celebrates is diverse cultural roots through annual performances and parades such as its African street carnival and its own world’s fair.

Take advantage of the buyer’s market and browse some of the condo and home listings in Cambridge real estate.


Tips For Selling That Boston Real Estate

It’s important to remember that the best way to sell that Boston real estate when you’re looking to make a move is to have plan, and the best way to put a plan together is to get as much of the information you’ll need as possible. And there are tips that can make the selling process go easier.

    1. Create a due diligence sheet and have it prominently displayed and ready to hand to any prospects. Remember that all the experts agree that one of the golden rules is disclosure. All the Boston Homes for Sale that are up front about any shortcomings inspire a confidence in the prospects that are looking that they wont be surprised with any hidden defects.
    2. Have The Home Inspected Before You List It As well, it’s a great idea to keep track of the repairs that have been done so that you can list them with the contractor’s receipts in a diligence package. You can also get some quotes on the repairs that were not done and then adjust the price accordingly.
    3. List The Things That Separate The Home From Others.It’s a great idea to make a list of the things that separates your home from the others on the market. Make it known that the best dry cleaner is right around the corner for example.

When you’re selling any kind of Boston real estate, you’ll need to have a competitive edge to ensure the the deal goes through smoothly.


06

06 2009

Boston Property for Sale, Your Needs and Your Goals

One of the most important things that you are going to be able to do when you’re looking into Boston property for sale is to make sure that you are addressing your needs and your goals: in other words, when you are looking into Boston real estate, it’s a good idea to take a much closer look at yourself and at what’s important to you.

Before you are going to be able to make a choice about which Boston real estate agency you’ll work with and before you are going to be able to identify the home that’s ideal for you and your family, you’re going to want to make sure that you are taking a closer look at yourself and the needs that you and your family have. The more that you are able to identify your needs – whether you are looking for a Boston home that gives you easy access to public transportation that puts you near your work place – the easier that it’s going to be to find a home that meets those needs.

The more that you are able to identify your needs, the more that you’re going to be able to look at your goals – what you want to find in Boston properties for sale. That combination – knowing what you need and what you’re looking for – is going to ensure that you’re able to find the right support. Having the right support will ensure that you’re able to find the Boston real estate that’s everything that you’re looking for – and that you get all of the help you need along the way.


13

05 2009

Searching for Boston Property for Sale?

When you are thinking about buying a home in the Boston area, you’re going to want to make sure that you know where to look in order to find Boston property for sale. After all, by making sure that you know where to look for Boston property for sale, you will find that you are able to accomplish the task of finding your home far more quickly.

Ultimately, when you know where to look for Boston property for sale, you will be able to:

  • Focus on looking for real estate in a given part of the city. Whether you are interested in a condo in the Back Bay, a loft in the North End or a single family home in the Allston-Brighton area, you will be able to focus your attention on searching for the real estate that matters the most to you.
  • Take the time to find those properties that best match your interests – without going through a number of listings that just aren’t anything like what you are looking for.
  • Know that you are searching for the support that you need throughout the process of buying a home – after all, you don’t just want to find a Boston property for sale, you want to be sure that you are able to get the answers you need about that property and buying it.

When you are searching for Boston property for sale, you are going to want to make sure that you are able to get the answers that you’re looking for; having the right support is essential while you are searching for a home and throughout the buying process.


28

02 2009

Finding Boston Property for Sale

Boston’s a great area. Whether you’re looking to live in an area where the country got it’s start or you just want to be in a hotspot for higher education, finding Boston property for sale is something that will help you to be in the middle of it all.

Of course, finding Boston property isn’t just about looking in one area, you’re going to want to think about whether you want to live in:

  • the Back Bay
  • the South End
  • Beacon Hill
  • the North End
  • Allston or Brighton
  • one of the surrounding areas

You’re also going to want to make sure that you know what you are looking for in a home. In other words, you’re going to want to think about whether you’re looking to move into a Boston condo with a view of the Charles or a single family home in Brighton.

In other words, when you start to look for Boston property, you are going to want to make sure that you are thinking about what you want in a home and what part of town you are most interested in living in. The more you know about what you are looking for, the easier that you’re going to discover that it is to find a home that you’ll love for years to come.


21

11 2008