Harvard Condos
Within this rural community, residents will find a small population and green, open spaces. Located only 25 miles to the northwest of Boston, this community is a part of Worcester County. It began as a farming community, but is now known for its affluent population and top school system.
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Because of the safe environment, bucolic streets and good schools, home prices are rapidly rising in the area. In just the last year, real estate prices advanced by $72,750. Currently, home buyers can expect to pay a median price of $653,750. While a two-bedroom receives an asking price of $495,000, the median three-bedroom property fetches a sales price of $597,500. Meanwhile, a four-bedroom home receives a sales price of $675,000. In the last year, the average price per square foot fell from $238 to $228.
Enjoy a Beautiful Location
Located within a picturesque environment, this community span 27 miles in size. Residents will find a town filled with rolling hills, woods, wetlands and fields. The town of Harvard is known throughout the area for its apple orchards and bucolic scenery.
From the city, residents can find the town of Bolton on the southern border. On the western border, residents will find the city of Boxborough. While Littleton is on the northeastern border, the city of Shirley can be found to the northwestern side of town. To the north, residents will find the community of Ayer. Meanwhile, Stow is located to the southeast side of town. The community of Lancaster is placed to the southwest. From the city, residents can reach the city of Boston just 25 miles away. While it is conveniently close to the city, Harvard offers a tranquil refuge from city living.
Why Investing in These Units Is a Good Choice
Unlike an apartment or a loft, these units can be used as an investment opportunity. With a typical apartment, the resident pays money each month without gaining any equity in the property. Once the resident buys a home, their monthly housing payments will actually go toward their investment. Later on, they can sell the property and earn money from the dwelling.
Many people choose these units because they are easy to maintain and have great amenities. They are typically less crowded than apartment buildings and can be rented out by the homeowner. While many residents choose to live in their property, renting the unit offers an opportunity for passive income.
These units are available in a range of prices and styles. Previous owners may have updated the unit with luxury features or new amenities. On the exterior of the unit, residents will find community amenities that are maintained by the homeowners association. Often, these properties are placed in a convenient location. While some owners still commute to work, many residents can also walk to the office or the nearest transit station.
Residents can enjoy having community features like swimming pools or security systems at many of these properties. Before buying the unit, they should calculate the monthly homeowners association fee and property taxes into their budget. They should also look at how well the building is maintained and the unit's location to make sure that their investment is the right one.
The Types of Options Available
From duplexes to large complexes, there are many different options available within this area. Residents can easily find homes in a variety of styles and prices. On the upper end of the market, luxury homes offer unique architecture and many community amenities. Many of these luxury properties are designed with lofts, high ceilings and floor-to-ceiling windows.
Within this area, there are also a number of units available in converted spaces. These may be placed within former warehouses, Victorian estates or industrial sites. These types of properties have a unique architecture and are a popular option among modern renters.
Buyers can also find units available in duplexes, brownstones or townhouses. The traditional Boston brownstone is a popular choice, but there are also options available like condo lofts. Luxury buildings are often chosen by investors because they are easy to sell and rent out.
No matter what type of property you are looking for, we can help. Whether you need to buy, sell or list your home, Boston City Properties can help make the process easier. To begin your journey toward a new home, call or email us today.
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