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Dedham Multi-Family Homes

Dedham is located on the southwest border of Boston and is the county seat of Norfolk County. The best news for anyone interested in investment real estate in this city is that they are studying ways to create economic development in the city. They have received some financial awards to fund their studies, so tracking their plans could be worth your time. The city is comprised of these neighborhoods:

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There are 9,606 housing units in the city with a median home value of $486,039 and an appreciation rate of 69.86-percent since 2000, which averages to 2.99-percent per year. The city is comprised of a lot of older homes with 31.7-percent built before 1939, 37.4-percent built between 1940 and 1969, 13.3-percent built between 1970 and 1999, and 17.6-percent built since 2000. The housing units are 62.9-percent single family housing, 4.8-percent townhomes, 15-percent small apartment buildings, and 17.4-percent apartment complexes. The median rent in the city is $2,149 per month.

The population of 25,263 is 87.29-percent white-collar workers, which is over four times the average for communities nationwide. It is in the top 5-percent of communities with workers mostly employed in the fields of mathematics and computers. Residents spend about 31.5 minutes commuting to work. However, many of the residents use the MBTA bus and rail system. A bachelor's degree or higher has been achieved by 47.52-percent of the residents. According to the 2010 census, the per capita income was $44,792, and the median household income was $87,108.

While the above facts provide you with some information to help you analyze rental property on the market in this city, our knowledgeable and experienced real estate agents can give you a complete personalized analysis. We can provide information on the market in this city compared to other cities in the area. Our agents can analyze the potential rental income and income after expenses for various properties. If you are looking for a short term resale investment, we can analyze the potential resale opportunities now and in the near future and the potential return on your investment. We can share market trends, zoning restrictions, and the latest news on potential economic development in the area. When you have decided on a property, we can help you submit a bid and negotiate with the seller to help you acquire the property at a fair price. Our goal is to help make the purchase of a multi-family housing unit easier for you and make the investment one that will remain positive for you in the long term future.

If you have rental property you are considering selling, let us analyze the current market and the market in the near future and create a marketing plan for you, We can also negotiate with buyers to get a good price, a qualified buyer, and a quick sale. Sometimes the potential buyer offering the best price may need more time than other buyers to close the deal and then may not actually be able to close the deal. This can cost you time and possibly an alternate potential buyer. We can analyze the potential buyers and warn you about any possible issues.

With the potential for economic development in the near future in the city, contact us to buy or list a multi-family property in Dedham.

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