The average selling price for a home in Massachusetts is about $350,000, so what kind of home can you get for this price?
We picked three homes in family-friendly communities that offered amenities, value, and plenty of room to grow.
We are talking about what is in the market here in New England and we’re joined by our friends Lamacchia Realty , our friends John and Anthony, have we been inside to do this yet?
Not with us, Gene was with us last time,
Welcome back to the indoors, now that Zip Trips are over
We miss the Zip Trips.
We miss the Zip Trips too, they’ll be here before you know it. Let’s talk a little bit before we get to the three houses, this is one of our favorite segments we do with you guys, a little about home sales.
August numbers were finalized last week by the Warren Group.
Best month, I mean home sales for August were up 25%. So each month we’ve been seeing 19%, 20%, 21%, August home sales in Massachusetts up 25%. Southern New Hampshire home sales up 45%. Last August 2011, 600 homes sold in Southern New Hampshire, this year over 1000. So it’s great news.
So is there any catch here?
No let’s stay quiet and keep it going!
Had to ask!
Price points are staying pretty good, they’re haven’t gone like this but they’re starting to stabilize. Interest rates are still as low as historically that we’ve ever seen and that’s definitely helping.
All right that’s some good news. Now let’s have some fun let’s look at the three houses the first of our houses here, we’re headed to Framingham I believe.
That’s right. It’s an older Colonial
Tell us the price point first.
It’s $349,000. And it’s 67 Meadow Lane and 4 beds, one and a half baths, so as we talked about in the Zip Trips throughout the summer you’ve got old and new blended very nicely so built in 1867, so it’s got some architectural detail, and charm, and you’ve got wide plank floors, you’ve got an updated kitchen, you’ve got some stainless steel mixed in, plenty of square footage slightly under 2000 square feet
Built out third floor
So could be a home office, could be a bedroom, once again a wonderful opportunity.
Is that last room there is that like a sunroom
Sunroom off the back of the home so it overlooks a good sized lot, not too big to maintain, so once again great value, we anticipate that will go pretty quickly.
I bet, that looks like a great deal, let’s talk about house number two in Leominster?
In Leominster, same price point, $349,000. And this was built in 2006, so new construction, Colonial, 3 bedroom, 2 and a half baths, as you can see from the pictures, perfectly laid out, hardwood…
It’s got an island, you know I love an island
Girl loves an island as you used to say, great backyard, great cul-de-sac
And a porch, those are my two checkboxes! With an island and porch and I’m happy.
2 car attached garage and like I said, 3 bed, 2 and a half bathrooms and just slightly under 2000 square feet, great opportunity, we think it’s better than new construction because they’ve done some nice paint colors, and some updating throughout.
Really nice hardwood floors it looks like in there as well. All right should we talk about our 3rd spot here?
180 Western Ave in Sherborn. This property has over an acre and a half of land. The land is the best part of this. The house itself is nice, it needs some work, but it’s a great opportunity to get a beautiful property in Sherborn. A nice flat level lot, conservation land around it and has a big 2 car garage, it has an above ground pool, and it’s a real nice place. A real good opportunity to get in Sherborn for $350,000.
I was going to say it’s interesting you get some that are very updated and are great deals and look beautiful and then to get into a place like Sherborn
It depends on the town, Sherborn there’s some real expensive homes in Sherborn, the average price is certainly higher, so that gives you an idea like you said how it varies from each town but we intentionally did 3 at $350,000 because the average price in Massachusetts is $360,000 so we figured $350,000.
What do you like to call Sherborn? I’m going to call him out on it.
The Wellesley of the Metro West!
Everybody in Sherborn is like Yeah!
It’s a nice community there’s no question.
I can understand why people would want to get in there. Now would you recommend let’s say you’re a first time house buyer, looking for a good deal, is it better to go with something like a fixer in Sherborn just to get into the town or do you go for something like what we saw in Leominster or Framingham?
Well it depends on proximity to work, proximity to family, those are 2 big things that people need to take into account. We’ve had too many people who’ve said oh I’m going to move to somewhere far away, Leominster, for example and they work in Boston, oh it’s not far the commute is 40 minutes, it’s 40 minutes in the middle of the night, that’s why you have to take those thing into account, and if you’re young and handy then of course buy yourself the fixer upper, you save a lot of money if you’re young and like a lot of my friends and you don’t know how to pick a hammer up
He’s looking at you
Well I didn’t want to say it on the air!
John and Anthony we appreciate you coming in as always.
The first home is located at 67 Meadow Street in Framingham. The price is $299,000. (Reduced)
This beautifully maintained Colonial has 4 bedrooms and 1 ½ baths, an updated kitchen with oak cabinets and stainless steel appliances. There is a large enclosed porch off the living room. Note the beautiful wide plank floors in the bedrooms and living areas. There is also a finished 3rd floor, perfect for a home office. The home has all new windows and installation and is a great location near the Danforth Square Playground, Saxonville Beach, and Lake Cochituate State Park. It’s conveniently located just minutes from the Mass Pike.
Our second home is located at 39 Mary Avenue, Leominster in Central Mass.
This gorgeous Colonial has 3 bedrooms and 2 ½ baths on a cul-de-sac. It has a large kitchen with hardwood floors, granite countertops, stainless steel appliances, and an island which opens up into a bright dining room. There is a large living room with hardwood floors, a fireplace, and sliding glass doors leading out to a large deck which makes it perfect for entertaining. This home has a large master suite with a walk in closet and full bath. There is a 2 car attached garage and it has a lovely farmer’s porch. This home is located near shops, schools, the commuter rail, and Whalom Lake.
Our third home is located in Sherborn at 180 Western Ave, priced at $350,000.
Located 18 miles southwest of Boston in the town of Sherborn, this home sits on 1.4 acres of land. This home features 3 bedrooms, 1 ½ baths, a large eat in kitchen, formal dining room, a fireplace in the living room, and a large 4 season porch. It has a detached heated 2-car garage and workshop, complete with 2 half baths and 4 sinks. It even has a large above ground pool! The home is on a quiet street and yet is less than 10 minutes from the Framingham commuter rail, close and the Mass Pike, and shopping along Route 9.
Contact us if you’d like to schedule a showing of any of these homes.
- Advice for Homeowners
- Building a Home
- Buying a Home in Massachusetts
- Buying a home in Southern New Hampshire
- Buying and Selling
- Buying Process
- Get More with Lamacchia
- Home Improvement Tips
- Home Sales
- Hottest Towns
- Housing Report
- In The News
- Lamacchia Property Management Blogs
- Lamacchia Realty Gives Back
- Lamacchia Realty in the News
- Massachusetts Real Estate News
- Massachusetts Real Estate Tips 2011
- Mid-Year Report
- Mortgage and Finance Blogs
- New Hampshire Real Estate
- Property Maintenance Blogs
- Real Estate News
- Real Estate Tips for 2011
- Rent in Boston area
- Selling a Home in Massachusetts
- Selling a Home in New Hampshire
- Selling Process
- Year in Review
Free Home Selling/Buying Consultation!