Hanover Condos

Located in Plymouth County, this community has a quaint, small-town ambiance. Residents will find a vibrant community with a growing real estate base. Whether residents want to buy their first home or invest in a real estate property, Hanover is an ideal place to buy a property in.

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Currently, the median price of a home in the area is at $512,000. In the last 12 months, the median price rose by $22,000 as more buyers entered the marketplace. During the same time frame, the average price per square foot rose from $260 to $264. A two-bedroom home fetches a median price of $405,000. For a three-bedroom unit, residents can expect to pay $430,000. Meanwhile, a four-bedroom home typically gets a price of $670,000.

Enjoy a Beautiful Location

Spanning a total of 15.7 squares miles in size, this beautiful community is placed along the South Shore of Massachusetts. From the community, residents can reach Boston just 20 miles away. The town of Brockton is placed 10 miles to the west of the community.

The southern and eastern borders of the town are formed by the North, Indian Head and Third Herring Brook rivers. To the north and east side of town, residents will find the community of Norwell. The city of Rockland is placed to the northwest and west of this city. Meanwhile, Hanson and Pembroke are both placed to the south of the community. Within the town, residents can find homes with views of the many ponds, rivers and parks in the area. There are also conservation areas and sanctuaries that offer a secluded, private environment.

Why Investing in These Units Is a Good Choice

Buying a home is an exciting step. While there are single-family homes available, these smaller units typically have lower maintenance costs. The homeowners association takes care of costs like snow removal, landscaping and exterior maintenance. This allows the home buyer to relax and enjoy their property without having to worry about all of the small details.

Many people buy these units because they are a way to invest in the real estate market. Even once the homeowners association fee is accounted for, these homes are often less expensive than apartments or rentals. Over time, the value of the home also increases in value. If the homeowner decides to sell later on, they can enjoy earning a profit from their investment.

Initially, many buyers use their unit as their primary home. If the buyer decides to move later, they can also rent out their unit. This option allows the resident to earn a passive income from the property. Whether the owner wants to live, rent or flip their unit, these homes are a viable investment option.

In addition, many residents turn to these complexes because of their amenities. Unlike a single-family home, these units are often designed with community amenities like barbecue grills, pools and fitness centers. Like the exterior of the property, these community amenities are maintained by the management team. The homeowner can enjoy using the amenities without having to worry about upkeep.

The Types of Options Available

Within this beautiful area, there are a number of different properties available. The most luxurious complexes are often chosen by investors because they can easily be rented out or sold. These luxury properties often feature gorgeous architecture and loft-style units. Depending on what the investor is looking for in a home, they can find a range of different amenities. Many loft-style units are constructed in former warehouses or industrial properties. Over time, these properties were completely transformed into modern, luxurious units.

Residents in the area can also find units in smaller duplexes and townhouses. Some units are available in Victorian homes within the neighborhood. Within these units, residents will find classic architecture and a more traditional living experience. These units feel like a typical single-family home, but there are available for a much lower price than the entire mansion would be worth. Residents can also find co-op units and units within large complexes. Depending on what the resident is looking for, they may want a large complex with many residents or a small, community-like atmosphere.

Finding the right property does not have to be difficult. If you need to buy, sell or list your property, Boston City Properties can help. Our team of real estate experts can help you locate the right home in your area. Call or sign up today to find out how we can help you with your property search.

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