Methuen, MA Real Estate

An Overview

The City of Methuen stands in western Essex County, Massachusetts. Today with a population of around 50,000, this historic community holds numerous advantages for people seeking homes within commuting distance of both the Greater Boston Metropolitan Area and New Hampshire. If you've considered marketing or acquiring residential property in this unique locale, consider contacting Boston City Properties for assistance.

Interstate 93 offers a direct route between this location and the dynamic City of Boston some 30 miles to the south. It also supplies a rapid means of reaching the City of Manchester, New Hampshire about 24 miles to the north. The state border lies within a four mile radius of this location. Residents of this gateway city easily journey to scenic outdoor skiing and vacation spots in lovely New England.

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This community provides a well developed infrastructure and many retail and commercial services within the immediate area. A modern highway system connects I-93 with Interstate 495, an important freeway linking many communities along the outskirts of the Greater Boston Metropolitan Area. It offers a way to travel rapidly to employment, shopping, dining, and entertainment opportunities in nearby towns. Residents of the community access I-495 just a few miles south of the city. The city of Lawrence stands a short drive to the east. Lowell sits close to the highway just 8 miles towards the west.

The city also benefits from the presence of a regional bus system serving locations within the local area and its environs. Residents can access commercial air flights conveniently via the Manchester-Boston Regional Airport located just a few miles south of Manchester, New Hampshire. A light rail station operates in nearby South Lawrence, a few miles away from this location.

The city extends across an area of slightly over 23 square miles. It includes many established neighborhoods with mature landscaping. Some impressive stone and brick buildings in the downtown district reflect the history of this location. Reportedly, the city's Historic District Commission administers an historic district encompassing portions of the downtown.

Although not officially incorporated as a city until 1917, this community has supported a permanent settled population for centuries. Today municipal employees maintain a number of small city parks and athletic facilities scattered across the community. The distribution of these locations varies, possibly due to the age of the area. The downtown district still displays some commercial and industrial buildings dating from previous centuries.

Residents enjoy access to both private and public schools within the local area. Several private schools serve students from Kindergarten through high school. The city also maintains a local free public school system. It includes modern elementary, middle, and high school educational facilities.

College students and older learners discover educational resources within the local area. The University of Massachusetts maintains a campus in nearby Lowell. Merrimack College offers classes within a 10 mile radius of this location. (It also conducts a number of distance programs for online students via the Internet.)

The well-developed infrastructure in the community permits residents to access a variety of essential services and facilities. Holy Family Hospital serves people in this location. It also maintains a heliport capable of transporting patient to trauma and medical centers across the Greater Boston Metropolitan Area.

Additionally, a number of long term nursing care facilities treat patients within this city and its outskirts. Residents enjoy access to specialized treatment centers caring for dialysis patients and developmentally disabled patients. People in the community readily access a variety of private medical clinics and specialists.

Since the city has existed for many years, it has developed some distinctive neighborhoods. In addition to the downtown district (which includes City Center), some of these enclaves include Marsh Corner, Howe Street, Forest Street, Pelham Street, and Lawrence Street.

Single Family Houses For Sale or Lease

Property seekers in this community discover a variety of houses for sale or lease. Lots become available in this marketplace from time to time. Additionally, prospective buyers can select mobile homes, manufactured houses, and a variety of wood frame and brick standalone single family dwellings. In general, although exceptions occur, the latter two types of houses tend to command higher listing prices (all other factors being equal) simply due to their longer anticipated useful lifespans.

People seeking residential properties discover a variety of different sizes and architectural styles here. Although most properties date from previous decades, ongoing regular construction has occurred in this location since the 1990s. The market includes a wide array of houses, ranging from older one bedroom, single bathroom homes to new custom homes encompassing well over 2,500 square feet.

Some online sources have placed the mean listing price recently at slightly above $300,000 for houses in this city. Prices fluctuate based upon supply and demand. House hunters discover houses covering a broad spectrum, from lots priced under $100,000 to new custom design dwellings commanding well over $500,000.

Many house seekers likely appreciate the comparative proximity of this community to the large urban centers of Boston and Manchester. The selection of homes here does reflect the age of the city, with a majority of listings consisting of older wood frame houses. Many styles and floor plans compete for attention, including both multi-level homes and ranches. This diversity offers some attractive choices for prospective buyers and renters.

Property seekers discover many dwellings in this community furnishing fenced yards and gardens. Some offer renovated or refurbished interiors. In some locations, flooding may pose an issue; in some cases, prospective buyers may find it helpful to investigate the availability of flood insurance and/or waterproofing technologies.

Buyers selecting properties lying within designated historic districts who plan to make changes to the realty should check with the city to determine whether or not they require special exemptions. Sometimes planning commissions place restrictions upon certain types of modifications. The authorization of changes (or not) may depend upon the historic significance of the building and its location.

This area has held appeal to home seekers for generations. Today, the expansion of the Boston Metropolitan Area has likely served to increase the attractiveness of this community for people searching for residential property as homes or investments. With a variety of houses on the marketplace here, many home seekers will want to consider this city as a relocation destination.

Condos/Townhouses For Sale or Lease

This city also furnishes many selections for people seeking condominiums or townhomes for sale or lease. The marketplace includes units in newly constructed residential communities. It also offers previously owned inventory located within established developments.

Prospective buyers discover a broad selection of floor plans. In some cases, developers have refurbished apartment complexes or commercial buildings to create condo communities. You'll find both wood frame and brick construction, plus an array of different designs and unit dimensions.

If you've contemplated seeking a condo or townhouse in this city, you may find it helpful to tour units in several different residential communities in order to appreciate the variety of available properties in this marketplace. Prospective buyers may also find it useful to compare and evaluate community features offered by the townhome or condo management association.

Generally, although property owners typically remain responsible for the interior upkeep of individual units, the community undertakes responsibility for maintaining shared amenities, such as lawns, building exteriors, and athletic facilities. The management policies maintained by different associations may vary widely. It usually makes sense to learn as much as possible about these policies prior to investing in this type of realty.

Condo, townhome and patio home residential communities in this marketplace include both gated and non-gated developments. Just like housing developments managed by homeowners associations, some condo management associations assume responsibility for maintaining some level of access control within the development. Gated communities typically restrict entrance to members and invited guests. Although exceptions occur, this added management responsibility may require the payment of additional fees by members.

Property seekers discover a wide range in terms of management association dues in this city. Condominium, townhome and patio home residential communities usually charge membership dues, yet the amounts may vary significantly from one location to another. Prospective buyers usually factor this ongoing expense into any financial analysis of these properties.

Some developers in the city offer bespoke units for sale in newly constructed residential condo and townhome communities. Owners who buy their properties in this way may have an opportunity to request specific options. For example, they may have a chance to select a floorplan offering an additional bedroom or bathroom, or to request the installation of décor features in the designs or colors they prefer. Developers vary in the extent to which they allow customers to tailor newly purchased condo, townhome, or patio home units.

Apartments For Rent

This city also offers numerous choices for people seeking rental apartments. Property owners have modified some houses and commercial buildings to include rental units accessed via exterior entrances. Additionally, a number of apartment complexes and apartment buildings offer rental units within the city.

The listing price of a rental apartment may depend upon supply and demand factors. Several considerations may enter into the process of determining a rental asking price. These include the property's location, and its age, size, and condition. Additionally, issues such as the availability of in-demand community features and whether the rental fee encompasses the payment of some utilities may also factor into this analysis.

Tenants often discover a range of rental prices within the marketplace. Large luxury apartments in buildings with features such as security services and recreational facilities typically cost more than smaller units in older buildings, although exceptions do occur. If you plan to move to this area from a distant location, it may prove helpful to begin your search for a rental property as soon as possible. If you identify an apartment location you prefer but cannot find a vacancy there, you might consider adding your name to a waiting list.

Prospective tenants may find it useful to search for apartment units located close to important services or desirable features. For instance, if you own a car, it may prove important to locate a rental apartment which offers designated parking spots. Today, a variety of rental apartments welcome tenants in this community. The wide array of rentals contributes to the attractiveness of this locale.

Your Local Real Property Resource

Across all sectors of the residential realty marketplace, recently the median listing sales price in this community ranged between $193 and $213 per square foot. Prices fluctuate over time based upon supply and demand. This exciting community has generated considerable interest. Its choice location within commuting distance of both the Greater Boston Metropolitan Area and scenic New Hampshire offers many advantages.

If you've contemplated acquiring residential property in this location, we welcome the opportunity to speak with you! Our company specializes in realty in Eastern Massachusetts and Boston. We understand the local marketplace and strive to assist our customers in realizing their property dreams and goals. Consider contacting us to share your requirements for your next home or investment property.

We also frequently assist people interested in marketing real property in this city for sale or lease. You may find it helpful to request our assistance as you determine a listing price. We follow rental and sales trends with great interest. Our company endeavors to serve as a valuable resource for customers seeking to evaluate and compare properties. We'll gladly discuss our range of available services with you.

Contact us

Would you like to obtain the benefit of our real estate expertise in Methuen, or its environs? Boston City Properties serves both prospective property sellers and landlords, and real estate seekers. We strive to offer superb assistance to our customers.

You can reach us conveniently at any hour of the day or night by completing the website contact form. Alternatively, simply call us by telephone at 617-247-1933. We look forward to helping you as you consider residential properties in this beautiful part of Massachusetts!

Methuen Condo Developments

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