Medford, MA Real Estate

An Overview

Today, the populous City of Medford rapidly approaches a size of 60,000. This bustling urban center lies within Middlesex County, just seven miles from Downtown Boston. It extends across an 8.6 mile area. The two Mystic Lakes form the far northwest boundary of the community, and the Mystic River crosses through this location, meandering towards the southeast. It empties into the Charles River outside the municipal limits not far from Bunker Hill Monument.

This city has become a developed location with a well-established infrastructure. It adjoins Malden on the east, and Everett on the far southeast (across the Mystic River). Somerville borders this enclave on the south. To the west, East Arlington, Arlington, and Winchester surround the West Medford neighborhood, a projection of land extending outwards from the main body of the city.

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The Middlesex Fells Reservation surrounds four reservoirs adjoining and just north of this location: South, Middle, and North Reservoirs, and Spot Pond. It provides an open area of green space and vegetation, and offers a home for Stone Zoo. A network of hike and bike trails crisscross portions of the Middlesex Fells Reservation on the northern rim of the city.

A major north-south transportation corridor, Interstate 93, bisects this green space. It crosses all the way through the community into Somerville. Several other important roadways providing major access routes here include Route 38, Route 60, and the Mystic Valley Parkway.

Numerous Massachusetts Bay Transportation Authority bus lines serve this city, connecting residents to other locations around the metropolitan area. The Lowell Commuter Rail Line makes a stop here. Residents travel easily by air via nearby Boston's Logan International Airport. Amtrak maintains three stations within a six mile radius of this community.

The city and its environs offer many opportunities for employment, shopping, and entertainment. Residents can attend professional sporting events both locally and in nearby locations. They participate easily in cultural activities throughout the dynamic Metro Area. They also access essential services conveniently.

Both public and private schools serve pupils in this city. Older students discover many excellent educational institutions within the local area, including Tufts University and the Lawrence Memorial Hospital School of Nursing. Other colleges and universities, including Harvard University and the Radcliffe Institute For Advanced Studies, maintain campuses located within the nearby Greater Boston Metro Area.

This region offers an especially well-respected medical infrastructure. Several hospitals serve this region. Additionally, residents obtain services from numerous specialized medical facilities and clinics.

Despite the age of the city, urban planners have worked hard in recent years to include green spaces and parks at intervals throughout populated areas. The availability of open areas contributes to the quality of life in this locale. The community provides some distinctive residential neighborhoods. West Medford extends across the far western edge of town, Fulton Heights lies on the north, South Medford encompasses the south, and Wellington/Glenwood adjoin the far southeastern limits. Other neighborhoods within this municipality include: Brooks Estate, Lawrence Estates, Station Landing, the Hillside, and Morrison Park.

Single Family Houses For Sale or Lease

The size and location of this vibrant city appeal to numerous home seekers. People searching for houses to purchase or rent here discover a broad selection of old and new properties. List prices range from under $100,000 for some lots to well over $1 million for new luxury homes. Regardless of your realty objectives and preferences, you'll likely discover a variety of choices as you search for residential properties in this well-established community.

Its terrain and dense population significantly impacts the city's real estate marketplace. In this location, you'll notice level areas, steep hillsides and even river valleys. Many standalone houses offer features determined by this diverse landscape; homes often offer garages situated on lower levels of the property, or in basement areas beneath the house. Most builders seek to optimize land values by providing multiple stories. Property seekers can locate some single level dwellings without basements in the local marketplace, but may need to search diligently to find homes fitting this description.

Multi-story older wood frame and brick houses predominate here. Many include attics. These properties sometimes offer elegant wood wainscoting, and wood trim décor features. In some cases, owners have updated and renovated interior areas to provide attractive modern kitchens and baths. Recently, more home owners have begun exploring home automation, too, an increasingly popular trend. Prospective buyers and renters can locate numerous houses with yards and gardens in the city.

Listing prices fall along a spectrum. Many elements likely contribute to the prices sought by sellers. Some of the most prominent considerations may include the property's location, age and size. Additionally, the floorplan, the building materials and the available features usually impact pricing determinations.

Prospective house buyers will discover both furnished and unfurnished homes. If the seller plans to sell the home unfurnished (the most frequent case), a purchaser should inquire specifically into the items which will remain on the property. For instance, some sellers choose to include heavy or built-in appliances in a sales transaction. Refrigerators, stoves, ranges and satellite dishes often remain with the property.

Yet while some auctioned or foreclosed homes sell in "as is" condition and include fixtures left on the property, in many cases buyers cannot assume the inclusion of attached fixtures within a sale. Consider asking your agent to clarify the specific items marketed with the realty. A seller and buyer will sometimes negotiate over specific items of property in a house in order to include specific provisions regarding items of property in the sales contract.

People searching for standalone dwellings in this city may choose to focus their search on specific neighborhoods. If possible, it may prove helpful to spend some time familiarizing yourself with the local area before concentrating upon a single locale. Often residential properties clustered within a neighborhood date from the same decade in construction. Particularly if you hope to find an older home built in a specific architectural style, it may prove helpful to preview some examples of vintage homes in order to determine the types of features of most interest to you.

Some houses supply attached garages. Others do not. Property owners today sometimes anticipate relying upon mass transit options in this increasingly urban area.

House hunters discover many attractive choices in this city. With its long history and in-demand location, the community offers advantages for both residents and investors. Consider asking Boston City Properties to assist you as you search for properties here!

Condos/Townhouses For Sale or Lease

Condominium and townhome properties in the city include both developments specifically constructed as new residential communities, and older apartment buildings or commercial buildings that a developer converted or refurbished for this purpose. Prospective buyers enjoy a variety of options with respect to sizes, styles, floor plans, available community amenities and prices.

They also discover many different management associations in this populous city. Condo and townhome communities vary widely in terms of their fee structures and operational policies. While most communities maintain responsibility for the maintenance of the exterior of buildings and common areas and facilities, some of these residential developments restrict membership to specific age groups, for instance. Today, assisted living centers catering to seniors also often make associated residential condo or townhome communities available for the use of prospective residents.

When you search for a condo or townhome in this city, you may find it useful to request a tour of group amenities. For example, some residential communities offer facilities such as health clubs, swimming pools, dining halls, or playgrounds. If you like the way a management association maintains the residential community's facilities, you may wish to consider searching for other available properties there in the future (even if you ultimately don't purchase the first condo or townhome you tour there).

Apartments For Rent

This populous city also presents home seekers with many attractive choices for rental apartments. Many new, well-maintained apartment complexes offer units for lease here. Prospective renters also discover a rich array of apartments included within older houses or former commercial buildings in the community.

The large number of large, multistory residences in the city has likely contributed to the development of a buoyant marketplace for apartment rentals in some residential neighborhoods. House owners have sometimes converted attics or basements into apartments to generate additional revenue. Developers have also subdivided some large older houses into apartment units.

Prospective tenants discover a multitude of options for renting houses, condos, townhouses, and apartments. Rents cover a broad spectrum. In general, newer apartments in good condition with several thousand square feet of space command higher rents than smaller units. While prospective tenants will readily locate apartments with one or two bedrooms and single baths, finding affordable multi-bedroom and multi-bathroom units in some locations may require a diligent search.

Landlords vary in terms of their requirements. In most cases, tenants must supply a rental application and furnish a security deposit. Many landlords request the capability to run a credit check.

People seeking apartments in the city discover a variety of architectural styles and floor plans. Some apartment complexes offer in-demand features and amenities, such as air conditioning, built-in appliances, a swimming pool, laundry facilities, and meeting facilities. However, the presence of these types of features varies from one location to another. In general, tenants usually expect to pay more for apartments offering a variety of extras (although exceptions occur).

Provisions for tenant parking vary widely. In some cases, landlords supply designated garage parking for tenants. Yet in many situations, tenants must make their own parking arrangements if they own a vehicle. Quite a number of apartments in the city maintain locations permitting tenants to access public or mass transit options conveniently.

Rental apartments occur in virtually every neighborhood in the community. Some locations near colleges and universities in the past displayed seasonal peak demand periods for this type of property. As more educational institutions have offered classes on an ongoing year-round basis, the demand for available rental space has become more uniform.

Tenants seeking rental apartments may find it useful to explore the availability of transportation and other important services within the immediate area. Locations proximate to employment, shopping, dining, and recreational opportunities may appeal to large numbers of urban apartment seekers. Rents in these types of convenient sites sometimes exceed the prices charged for apartments in more remote locations where as high a demand for rental property does not occur.

Find Properties With Our Assistance

This dynamic urban area has attracted home seekers and investors for centuries. Today, real estate prices here reflect the importance of the adjoining Boston Metropolitan Area. Recently, some online sources have suggested a mean price of $369 per square foot across all real estate categories for this location. (That figure exceeds the average rate in the Greater Boston Metro Area for residential properties and thus likely includes commercial space, of course.)

Median housing listing prices fluctuate based upon supply and demand. Prices ranging from $466,300 to $565,300 should not surprise home seekers in this community. During recent decades, urban realty in this unique metropolitan area has continued to elicit strong interest from people seeking to relocate near important landmarks and employment sites. As you consider placing your property on the market, or you contemplate hunting for a home in this location, you may find it helpful to call upon the expertise of Boston City Properties.

We offer many services of interest to realty stakeholders. Prospective sellers and buyers, landlord and tenants, and realty investors may all benefit from our experience in this exciting marketplace today. We urge you to consider contacting us if you'd appreciate assistance with realty in this location. Our company specializes in properties falling within the expanding Greater Boston Metropolitan Area.

Call Today

We'll gladly speak with you about Boston City Properties! To reach us at any hour, simply use the website contact form or send us an email. Alternatively, you can dial 617-247-1933. We look forward to assisting you!

Medford Condo Developments

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