Lakeville, MA Real Estate
An Overview of The Community
Located amidst a beautiful natural setting, the community of Lakeville sits in Plymouth County some 41 miles due south of the international port of Boston. Route 105 furnishes direct access to Interstate 495, permitting ready access to the urban area by road. The town of Middleboro borders this rural enclave a few miles to the northeast; it provides a variety of shopping, dining, and employment opportunities.
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A series of adjoining ponds, marshes and lakes surround this charming town of over 10,600 people. These bodies of water offer a stunning backdrop for this unique area. Prominent local waterways include Long Pond (the source of the Acushnet River which empties into Buzzards Bay), Assawompset Pond (the large lake serving as the source of the Nemasket River), and Pocksha Pond (a narrow channel connecting Assawompset Pond with the scenic wetlands of the adjoining Great Quittacas Pond). Many smaller ponds also populate this community, offering excellent settings to enjoy waterfront property. The town's location in the heart of this low-lying network of waterways contributes to its economy. The plentiful bodies of water in this area offer a backdrop for recreational and commercial outdoor leisure activities.
This community offers access to both private and public educational institutions. For example, elementary aged pupils in public school attend two grade schools and a middle school. Local Apponequet Regional High serves public school student from 9th through 12th grades. Within a convenient 25-mile radius of the community, college students and adult learners discover over five separate educational venues (including prestigious Brown University in nearby Providence, Rhode Island). The town boasts an excellent public library, plus a well-developed medical infrastructure. It supports both a small community hospital and long term senior care facility.
People who love observing scenic lakeside vistas will find themselves drawn to this bucolic Massachusetts community. It supplies comparatively close proximity to Boston, the largest commercial center in Massachusetts, yet lies well beyond the city limits. With numerous waterfowl in the vicinity, and several nearby popular recreational sites (including Massasoit State Park and Acushnet Cedar Swamp State Reserve), this region offers some remarkable leisure attractions for people who enjoy the beauty of nature. Its distinctive landscape sets it apart. Whether you seek a primary residence, a vacation home, or even a quaint hobby farm or weekend retreat, consider looking for a property in this delightful one-of-a-kind locale in far Southeastern Massachusetts!
Single Family Houses For Sale or Lease
The relatively small size of the town contributes to variability in its marketplace for single family dwellings. While properties in the community cover a broad spectrum of price ranges, the average sales price on any given date may depend to a great extent upon the specific available listings at that time. The town encompasses over 4,100 dwellings. People searching for houses for sale or lease will find selections which may include trailers, modular homes, and wood frame or brick houses. Prices range from under $150,000 for a single bedroom, single bathroom rustic lakefront cabin to well over $600,000 for a luxurious modern residence on a generously-sized lot.
House rental prices averaged $1,800 per month recently, and dwellings reflected a median average sales prices of $326,000. Buyers can expect to pay roughly $199 per square foot for houses in this location (although that figure may easily change over the course of time as market conditions fluctuate). In general, real properties in this location cost slightly more than comparably sized properties in nearby Middleboro or Taunton.
People seeking to purchase residential properties in this small community discover an impressive variety of architectural styles. Some older homes still exist here, displaying characteristic floor plans and designs from earlier decades. Additionally, you'll find quite a number of recently constructed houses also. This variability contributes to the diversity of real estate in this location.
Due to the rural nature of this enclave, many homes include extensive yards. Quite a number offer waterfront views. Although exceptions do exist, most residences furnish mature landscaping. Popular styles include bungalows and split level homes. However, a variety of floor plans ensure a great selection. The availability of specific home styles at any given point in time may vary, based upon prevailing marketplace conditions.
If you'd like assistance locating a standalone dwelling in this location, our firm offers an excellent resource. Simply share your requirements for your property with us. If you let us know your preferences for the number of bedrooms and baths, and any other important details, we'll help you search for available houses meeting these parameters. This service may greatly assist anyone planning a relocation to this area; contact us in advance, and we can prepare a list of available properties for your to review during a visit to the area. We'll help ensure you see the homes of most likely interest to you, so you can use your time as efficiently as possible to conduct a thorough real property search.
Condos And Townhouses For Sale or Lease
Property seekers will find townhomes and condominium units available for sale or lease in this location. Once again, average prices on any given date will vary based upon prevailing market conditions impacting supply and demand. Many elements enter into the asking price for townhomes, including the location, the condition, and the individual floor plan. The availability (or not) of units within a specific residential community usually plays a significant role in determining the transaction price.
Given the comparatively small size of the community, people seeking condos and townhomes in this area may need to demonstrate some flexibility. The number of available standalone single family homes here significantly exceeds the number of condo and townhome communities. It may become necessary to add your name to a waiting list in order to obtain the opportunity to purchase units in some developments.
One important issue surrounding the purchase of a condo or townhome in this location relates to the determination of the applicable community dues. While prices vary, expect to pay monthly fees of $375 or more for some units here. These required payments help support the provision of services by the residential community. For example, a condominium monthly association fee may apply towards landscaping, routine exterior maintenance, labor costs, and other necessary annual expenditures.
If you maintain an interest in locating a unit within a specific complex, you can ask us to provide you with detailed public information about the number of recent sales in the community and the recorded transaction prices. At your request, we'll remain alert for information concerning any new available units for sale in that location. We'll notify you promptly if property goes on the market.
Apartments
Some large homes in the area include structures subdivided into individual rental units. Once again, prices on any given date may vary based upon market factors. The location, the age and the condition of the property, as well as the floorplan and the size of individual units all usually play a role in the determination of an asking price. People seeking rental property in this community should anticipate placing an initial security deposit on a rental apartment.
In most cases, landlords also request some background information in order to perform a credit check before entering into a lease agreement. The parties to this contract should check to determine any notification requirements concerning the termination of the lease. Some leases will automatically renew from one month or year to the next in the absence of advance notice, and tenants who move out without complying with notification provisions may risk losing a portion of the security deposit.
Since leases may vary in terms of their provisions, anyone searching for an apartment to rent in this town should inquire in advance concerning issues such as designated parking spaces, available additional storage, and pet policies. Some rental communities supply covered parking and extra allocated storage facilities, while others do not. In most cases, furnished apartments will require a slightly higher security deposit than unfurnished units. Prospective tenants should also determine whether or not a specific landlord will cover the cost of recurring monthly utilities (including water, electricity, HVAC services and garbage collection) as a component of the monthly lease, or whether these bills accrue to individual units.
Today many landlords ask tenants in rented apartments to agree to periodic property inspection and maintenance requests. If a problem arises at a future date, such as a broken garbage disposal unit or a sluggishly performing air conditioning system, a specific process may exist for notifying the landlord about the need for repair services. If you plan to seek a rental apartment in this primarily rural community, you'll want to request specific information in advance about the protocol for seeking repair assistance. Most lease agreements include helpful information about these issues.
Finding Real Property in This Area
In 2016, rents in the community across all property types averaged in the upper $600 range, about $125 below the state average. The comparatively small size of the population likely accounts for this discrepancy. Rental prices, like sales prices, may vary widely from one property to another depending upon a variety of factors.
Boston City Properties offers valuable assistance to home sellers by furnishing a free market analysis. We'll help you evaluate possible selling or leasing price points more effectively. Let us draw up a list of comparable recent for-sale or for-lease homes for you, so you can appreciate marketing trends in this community. Often people considering placing residential or commercial properties for sale find this assistance extremely helpful. Reviewing one of our marketing reports may help expedite the sometimes challenging process of placing a home or business on the market.
We also help prospective home seekers. Ask us to provide information about the real estate purchasing or leasing process. If you plan to finance your next property acquisition, you may find it useful to complete prequalification with a local lender. This process may help you direct your home search efforts towards properties meeting specific price parameters, allowing you to locate a home more efficiently and rapidly.
We'll do everything we can to assist you as you search for a property. Tell us your requirements, then delegate some of the responsibilities to us. We'll perform the initial legwork, so you can focus your attention on the real properties matching your specifications. Using our services can help you save time, money, and effort as you prepare for a relocation or hunt for additions to your investment portfolio.
Further Information
To obtain further information about selling or purchasing real properties in Lakeville and its environs, you can depend on the experienced team of brokers and agents at Boston City Properties. We possess intimate familiarity with the realty marketplace in this lovely part of Southeastern Massachusetts. Put our expertise to work on your behalf! Call us soon at 617-247-1933 to obtain additional information. We want to help you achieve your realty aspirations in this unique, alluring community!
Lakeville Condo Developments
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