Amesbury Multi-Family Homes
For potential buyers who may be looking to purchase a multi-family home in a nice area, but aren't necessarily looking to spend as much as one of these types of homes may cost in a more expensive city - Amesbury just might be the solution. While the prices of houses in this former farming town have increased a considerable amount over recent years, there has also been an sizeable increase in the value of those housing units as well as the total income of households in the area. The city itself is home to numerous awe-inspiring buildings, specifically the area's collection of both Federal Era and Victorian style structures. And though the town has such an important historical significance, the overall housing prices don't seem to reflect that at all. While the cost of homes/condominiums in the area, on average, range anywhere from about two hundred thousand up to approximately four hundred thousand, the median home value sits at right about $310,000 (up from $166,000 in 2000). With the statewide median home value closer to $370,000, this old mill town is already less expensive to live in than a majority of the rest of the state. However, if you need additional information or further assistance in your journey to home-ownership, please contact us today and we'll be happy to assist you.
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For those who may be looking for a change in scenary or perhaps would like to just move across town and are looking to sell their house - this city has a better-than-average real estate market. While the median home or condo value in the area is just slightly over $300,000, that's a fairly significant amount lower than the statewide average - meaning that generally speaking, this little old town will begin saving residents money right away. In addition to having great prices in the always competitive real estate market, the area also hosts a renter-occupancy rate of over 40%. And though the current median asking price for vacant houses and condos in this county is upwards of $568,000, the actual sales price is typically far less. With a vacancy rate of nearly 6%, this city is likely to be near the top of the list amongst potential home buyers. If you'd like more information on the real estate market in this area, or you'd like further assistance with the process of selling your home - simply contact us and we'll be glad to help you get it sold ASAP.
Now mostly comprised of residental areas, this former farming and mill town is located in Essex County and is one of the northernmost cities in Massachusetts. The city is made up of four main recognizable neighborhoods. Haverhill Rd / Kimball Rd is considered a suburban area, and is one of the higher-priced areas within the city. This neighborhood is made up of mostly apartment buildings and smaller single-family homes, and the residences are mostly owner occupied. Real estate demand for Haverhill Rd / Kimball Rd is higher than average, and when combined with the lower-than-average vacancies, likely signifies an upcoming price increase and/or construction of new residential units. Amesbury City Center is another suburban neighborhood within the city limits. Real estate in this area is mostly single-family homes and apartment buildings/high-rise apartments. Also considered a suburban area is the neighborhood known as Congress St / Fern Ave. The real estate prices as well as the vacancies here are pretty average and, like the rest of the neighborhoods in the city, this area is made up of mostly smaller single-family homes and apartment buildings/high-rise apartments. Salisbury Point is the fourth and final neighborhood within the city. Boasting pretty average numbers as far as real estate, this suburban neighborhood is comprised mainly of average sized single-family homes and apartment buildings/high-rise apartments. If you'd like additional information and/or help - please sign up or contact us today to buy or sell a multi-family home in Amesbury.
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