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How Much House Can You Get for $500,000?

Home buyers are looking for value, and for buyers who want to get the most for their money, there are some excellent choices available right now. These days $500,000 will get you a spacious home in a prime location with plenty of features and a short commute from Boston. Mortgage rates are still very low so with 10% down you can get one of these homes for about $3,000 a month, including taxes and insurance.

Here’s a sample of what’s available for homes on the market in Massachusetts for around $500,000.

House for sale in Concord, Massachusetts

House in Concord Massachusetts

Our first home is in historic Concord, Massachusetts. Concord is a small town west of Boston with plenty of parks including Walden Pond, great cultural attractions, and it’s just minutes from route 128. For residents who use public transportation Concord has two convenient stops on the commuter rail to Boston.

This spacious home has 4 bedrooms and 2 and a half bathrooms with a Jacuzzi tub. There are hardwood floors in all of the bedrooms and both the family room and sitting room have their own fireplace.  It has an open kitchen with an island and the dining area leads out to a back deck overlooking a large yard. It has a two car garage and would be great for a growing family. This home has 3,905 square feet of living space and has about an acre of land.

This Concord house has an open kitchen with an islandThis spacious home has 4 bedrooms and 2 and a half bathrooms with a Jacuzzi tubThere are hardwood floors in all of the bedrooms and both the family room and sitting room have their own fireplace

House for sale in Scituate, Massachusetts

Scituate is a seacoast town 25 miles south of Boston and only about an hour’s drive to the Cape

Our next home is in the town of Scituate on the South Shore. Scituate is a seacoast town 25 miles south of Boston and only about an hour’s drive to the Cape. Scituate is on the Greenbush commuter line to Boston. This town boasts award-wining restaurants, highly-ranked public schools, and phenomenal recreation services including a golf course just minutes from the home.

This idyllic Scituate home is a gorgeous 5 bedroom, 3 and a half bathroom antique Colonial on a half acre. It has a large eat in kitchen with cabinet space and a breakfast bar. The dining room, den, and master bedroom all have fireplaces. There’s a screened in porch and a workshop in the basement.  It’s conveniently located near beaches, shops, and parks and has 3,416 square feet of living space.

It has a large eat in kitchen with plenty of cabinet spaceThis Scituate house bedroom has a fireplaceSpacious Scituate home livingroom

House for Sale in Belmont, Massachusetts

This Belmont home is a great value for this location

Our last home is in Belmont which is right outside of Boston. This home is a great value for this location. It’s an easy commute to Boston with major highway routes nearby and it’s just minutes into the city via the commuter rail. Belmont is home to a wildlife sanctuary and many parks giving it all the advantages of suburban living yet it’s so close to the city.

This is a well maintained 4 bedroom 2 bathroom home on a quiet street with a large eat in kitchen and plenty of cabinet space. The bright, spacious living room boasts hardwood floors and a fireplace. It has a private fenced-in yard and a detached garage. This home has about 1,600 square feet of living space.

This house in Belmont has a large eat in kitchen This Belmont home livingroom boasts hardwood floors and a fireplaceHouse in Belmont has a formal diningroom

Find Out What 5 Features Are Home Buyers Looking for in 2012

 

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