Haverhill Condos
Situated within Essex County, this community is placed right on the New Hampshire border. It is located only 35 miles away from Boston. To get to the Atlantic Ocean, residents only have to travel 17 miles away. Originally started as a farming town, this vibrant community is now the home of modern industries and new businesses.
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Residents in Haverhill can expect to pay a median sales price of $277,300 for a home. In the last year, the median price has risen by $15,300. At the same time, the average price per square foot has advanced from $163 to $178. While a one-bedroom home fetches a median price of $138,500, a two-bedroom property receives a price of $215,00. Meanwhile, a three-bedroom home receives a sales price of $301,750. For a four-bedroom property, residents can expect to pay a median price of $375,000.
Enjoy a Beautiful Location
Placed only 8 miles away from Lawrence, this city spans 35.6 square miles in size. It is located 28 miles to the southeast of Manchester. Residents will find Boston only 32 miles away. To the southwest of the community, residents will find the town of Methuen. The cities of Groveland and West Newbury form the eastern border of town. While Merrimac is placed to the northeast, Salem and Atkinson are located to the north. On the south side of the city, residents will find North Andover and Boxford.
Known for its pretty ponds and lakes, this community also has a thriving downtown area. Residents often buy properties near the downtown because of the many shops and transportation options in the area. Some of the luxury properties in the area also placed overlooking the Merrimack River or the town's docks.
Why Investing in These Units Is a Good Choice
Buying a home is an investment in the future. Within this section of Massachusetts, large, single-family homes are often out of reach for new buyers. Luckily, these smaller units can often be found for a lower price. In addition to costing less, they also require less maintenance. The homeowners association is typically in charge of all of the exterior maintenance and landscaping. Homeowners only have to worry about making repairs to the interior of their home.
Other than being able to enjoy a low maintenance lifestyle, these homes also offer a viable investment strategy. Over time, properties like these tend to grow in value. Since they are available at a lower price than single-family homes, these units allow residents to enter the marketplace with less money.
Once someone buys the property, they can live in it or rent it out. If the homeowners association allows renting, this option can help buyers recoup some of their investment. Later on, the property can also be sold for a profit after the real estate market has grown in value. Instead of having to rent out an apartment or a single-family home, residents can start to develop equity from their monthly housing costs.
The Types of Options Available
Finding the right home is important. Once you buy a new home, you may live there for years or decades. Luckily, there are a number of property styles available. From luxury units to simple duplexes, residents can find the exact options they need within this area.
Within the community, residents will find options ranging from brownstones to Victorian mansions. Over time, developers have transformed former warehouses into industrial chic units. In recent years, loft-style units have also gained in popularity. Residents can also find townhouses and co-op units available within this area.
To discover your next home, call or email Boston City Properties today. Our team of experts is experienced at navigating the real estate market. We can help you buy, list or sell your property. To find out more information, sign up for our email list.
Condo Developments
- 1089 & 1091 Boston Road
- 20 Arlington Street
- 32 Observatory Ave
- 48 Salem Street
- 78 Washington Avenue
- Brickett Hill
- Buttonwoods
- Carrington Estates
- Casablanca Court Townhouse
- Curtis Avenue
- Fairways
- Farrwood Green
- Farrwood Green VI
- Gilman Block
- Highland Crossing
- Hunters Run Place
- Locust Street
- Northside
- Pentucket
- Riverside Place
- Salmon Run
- The Fairways
- The Reserve at Farrwood Green
- The Vila
- The Village at Brickett Hill
- Trio Blaisdell
- West Meadow Hill
- Worthen Place
- York Place
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