Bedford Multi-Family Homes
Located within the greater Boston area, the town of Bedford is just 15 miles northwest of Boston. Being situated in close proximity to such a large city is likely one of the reasons that real estate in this area is a bit higher than some of the surrounding cities and towns. However, the perks that are offered to the residents of the town far outweigh the slightly more expensive prices found nearby. While the statewide median home value is right about $367,000 - the median home value in this area is approximately $713,124. And while just under 70% of the estimated 5,133 housing units in the area are owner-occupied, the number of single family homes is only 61.44%, meaning that buyers interested in purchasing a multi-family unit are more likely to find something to their satisfaction in this region. So, if you're looking to purchase a home in the area, contact us today and we'd be glad to further assist you in your search.
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On the other side of the market, the town of Bedford also presents itself as a wonderful opportunity as far as the real estate market is concerned. Though the median home value is slightly higher than some of the surrounding areas, this little town certainly shows off its extreme potential to be a great investment in the long run. With an appreciation rate of approximately 34.38% over the last ten years, this town is home to one of the most explosive real estate markets in the area. The town has become known as one of the best long term real estate investments in America, which is definitely no small feat. This is also wonderful news for not only individuals interested in purchasing a home here, but also for those looking to sell their home - as there is a high attraction to a positive investment opportunity. Therefore, if you're looking to sell your multi-family home here - please contact us today and we'd be happy to help you throughout the process and get your home sold ASAP.
Located in Middlesex County, this little town is locally known for being a great place to raise a family as well as being known for its positive real estate market. The town is comprised of two well-known neighborhoods. West Bedford is a suburban neighborhood in which the real estate mainly consists of medium to large single-family homes and/or townhomes. And although real estate prices may be somewhat higher than average in this area, as well as a somewhat higher than average demand for real estate, there is a 4.7% vacancy rate - meaning there is a fair chance of being able to find the house that is just right for the potential buyer. The second neighborhood here is known as Town Center. The median real estate market price in this area is slightly lower than the rest of the town, averaging $673,441. This is likely due to the fact that the real estate in Town Center is primarily made up of smaller single-family homes and apartments. However, the lower price of homes, coupled with the high demand for real estate, causes this area to currently have a 0% vacancy rate, creating a need for a possible price increase as well as possible construction of new structures. If you have questions or would like more information, we'd love to help. Simply sign up or contact us today to buy or sell a multi-family home in Bedford.
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