Lowell MA Townhomes
The historic town of Lowell is located in Middlesex County, Massachusetts. Geographically, it sits in the northern part of the state and is not very far away from the beach. There are top notch schools in the neighborhood with an excellent teacher to student ratio which could be a great consideration factor if you decide to invest in a property in this part of the state. Even if you want to go for higher education, the ivy league universities are not very far from the town. The town has a population of a little over 106,000 and is one of the densely populated cities in the state. A family with very different culture and the race could very well be your neighbor as the city is so rich in culture.
Living in this town gives you a combined flavor of serenity as well as urban life. With its close proximity to the Boston area, you could not only have access to world-class universities, but also high paying jobs. If you live in the town and work in Boston, your commute would not be too bad and you could be looking at an average time of about 40 minutes to get home. Even to get to the Logan Airport takes a similar amount of time. Even though there is excellent public transportation service, if you got your own wagon, it could be your safe bet to get around.
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The median list price is in the high $200k and the median sale price is in the mid $200k. Even if the prices make you nervous in terms of pre-qualification, then do not panic; the average down payment percentage is only about 3%. On an average, there is only a single offer per house which clearly indicates that there is a higher likelihood of closing the deal in the residential neighborhoods. Now could be the right time to invest in this area as the asking prices for houses have had a steep increase in the last one year. With this, there has been a decline in the number of homes available for sale.
If your choice is a vintage looking home at a higher elevation or a modern looking home in a greener neighborhood, this beautiful city has all of it to offer. Most of the old homes have extremely low homeowners association fees which could be as low as $0, but that price might go up if you are investing in a property built in 2018. The homes are quite spacious with most of them having a walk-in closet, hardwood floor which gives a contemporary look to your property. Also, most of the homes come with basements that you could either use as a storage area or game room. You could have a nice family get together with a ping pong table in the basement.
The taxes are quite low when compared to a lot of neighboring cities that just gives another reason to invest in a property here. Also, if you are one of those individuals who want to have a relaxing time at the beach on the weekends, then you could well be looking at living in the right neighborhood. A lot of houses have access to golf courses and jogging areas and you also get your own dedicated parking and garage space. Most of the properties have centralized air conditioning and heating systems. Also, you could secure your property by installing security features in the house.
By now, you might be well cognizant of various factors if you are thinking of investing in a property in the city. From the point of view of real estate assistance, even though there are a number of options available for you to choose from, the Boston City Properties is certainly one name you could rely on. With a tremendous track record of excellent customer service and relations, the team is always there to help you with slightest of your home buying needs.
If you want to have complete information like the crime rate, school rating, average commute time among other factors to be listed in just one place, you are certainly considering the best real estate agents in the area.
Even if you have a home that you wish to sell in the area, the Boston City Properties have you covered. They are open 7 days a week and even if you want to set up an appointment online, you could very well do that. Just enter your name, email, phone number and an optional brief message and some professional from the group would contact you in as less as an hour. You are just a phone call away from scheduling a tour and deciding on the property of your dreams.
The beautiful region of Lowell is located in Middlesex County, Massachusetts. Geographically, it sits in the north-central part of the state and is surrounded by a pleasant ambiance. There are top-level schools in the neighborhood with an excellent teacher to student ratio which makes sure that your child would be given adequate attention when it comes to the standard of education. Even if you want to go for higher education, the world-class universities are in the drivable commute from the town. The town has a population of a little over 106,000 residents and as no surprise, is quite diverse. There are also some beautiful walking trails around the Merrimack River where you are likely to see flocks of people enjoying nature and keeping themselves healthy, mostly in the morning and evenings.
It is rightly said that if you want to become an expert in any field, you need to test some waters and get your feet dirty; this also holds good in the real estate space as well as home buying process. If you look at last 30 days’ worth of data, there are a staggering 113 homes sold in the region with an average of 3 offers per home. The median list price is $300K while the median sale price is $260K. The median list per square feet is $180 and the median sale price per list is $183. Considering not too high home value than many other regions in the state, the down payment percentage stands at 7.7%. Also, the average sale per list is about 100.1%. If you want to sneak peek into the trends in properties in the last one year, it seems like the number of homes getting off the market is likely to go high.
Some people tend to be smarter about properties and those who are in the flipping home business, it could be a great location. Since it is only a half an hour of distance from the Boston downtown, there would be many people who would consider this area considering high prices in the proper Boston residential neighborhoods. You could easily find homes which need a lot of renovation and if you are able to convert the property into a modern looking home, you could not only stay in there comfortably but also rent it out or even sell for a higher profit margin. But when you renovate, keep in mind of the demands of the contemporary customer in the area to augment your chances of selling the home quicker.
Since it is a much bigger city than many of the suburbs in the Boston area, there is absolutely no shortage of parks and jogging areas to keep yourself healthy. Even if you want to get a top-notch education, there is the University of Massachusetts at Lowell which offers over 40 majors in the Master’s programs, over 30 in doctoral and more than 100 majors in undergraduate studies. Besides this, there are also other community colleges and your child would not be short of any quality and progressive form of education. Many of the residential single-family homes have quite big fences in the backyard and also spacious areas for you to continue or start your gardening hobby.
When you are considering moving to a new home, the kitchen is one of the most important parts of the house to look into. While some of the preowned or new homes have almost all the features that you need, you could also make some upgrades and match it to the contemporary style. Most of the builders in the region are quite flexible when it comes to these changes. If you could have a spacious dining area with recessed lights for brighter ambiance, you would not be short of anything and would love to have friends and family over quite often.
There are around 16 elementary schools, 9 middle schools as well as 3 high schools in the area and considering how close it is to urban hubs, it is shocking to see how affordable the property rates are. And if you are quite certain that you would want to stay here, do not wait for too long considering how fast the properties are selling. And since it’s a bigger city, you would find more real estate help but one name that you shall certainly rely on is the Boston City Properties if you want to have all of your questions answered as well as get guided in the right direction. They bring a lot of quality to the table and you could just call them to set up an appointment.
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