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Dartmouth Multi-Family Homes

Located in Bristol County in Southeastern Massachusetts, Dartmouth is a coastal town with a significant farm and vineyard industry. The northern part of the city is commercial, while the southern part of the city features fishing and boating. Dartmouth has both year-round residents; residents, who just spend their summers; and college students. A list of the most notable neighborhoods includes the following areas.

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There are 11,429 housing units in the city with a median home value of $404,032. Real estate in the city has seen an appreciation rate of 72.06-percent since 2000, which is an average annual rate of 3.06-percent. Most homes were built between 1970 and 1999 with 18.7-percent built before 1939, 29.8-percent built between 1940 and 1969, 41.3-percent built between 1970 and 1999, and 10.2-percent built since 2000. The categories for the housing units are 80.6-percent single family housing, 1.7-percent townhomes, 7.26-percent small apartment buildings, 10.13-percent apartment complexes, and 0.3-percent mobile homes. The median monthly rent is $1,503. Since 2000, the city has seen real estate appreciate 59.25-percent, which averages 2.62-percent per year.

The population is 34,718 and has a relatively even distribution of blue and white-collar workers. Residents spend about 25 minutes commuting to work. Those with a bachelor's degree or higher comprise 30.83-percent of the residents. The per capita income reported in the 2010 census was $32,508, and the median household income was $69,460.

This is a unique community with the mix of year-round residents, summer residents, and college students. When choosing rental property in this city, it is a particularly good idea to get assistance from a real estate agent who can help you decide which market(s) you want to target, what properties are best, how to keep the property occupied, and how to get the best return on your investment. These considerations are in addition to the usual issues that a real estate agent can help you resolve. A real estate agent will be aware of current market trends, potential changes, zoning restrictions, and potential development. They can give you a complete market analysis so that you can get the highest return on your investment. An agent will help you place a bid and negotiate with the seller. Hiring an agent can assure you of a successful investment in the future.

Real estate agents can also help as multi-family housing sellers representatives. They can analyze the market and provide a plan to help sell property quickly at the best price. If a property receives multiple bids, an agent will not only analyze the bids, but they also will analyze potential buyers so that you, as a seller, do not find yourself tied to a potential buyer who has problems being able to close the deal. So, protect your investment even when selling your property and hire a real estate agent.

To help with this unique market, contact us to buy or list a multi-family property in Dartmouth.

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