Natick, MA Real Estate

Single-Family Houses for Sale

When it comes to home values in Natick, Massachusetts, the region has seen significant growth since 2000. Over time, this area is sure to increase in value due to the fact that the town is in such close proximity to Boston, which is a major city that's currently experiencing a measurable uptick in growth. To illustrate this, when viewing home values in this town in 2000, the median value was about $242,900 or so. Currently, the median has almost doubled this value, and now it's at around $474,569. This is a clear indicator that the area is growing, which means that now is a good time to invest in a single-family home in the area.

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If a prospective homeowner was wondering what this would translate into square footage value, the median value for this part of Massachusetts will typically fall into the $300-plus range. This average is actually higher than the Boston Metro average, which is a prime indicator of the convenience and growth of this particular area of Massachusetts.

In this area of Massachusetts, there are currently many homes for sale that are both on sale by owner and there are also several that have been foreclosed or are in a state of pre-foreclosure. Additionally, as is typical of the Massachusetts townships, more than a few of the homes that are currently on the market are also from the 19th century, but there are also many new homes on the market that have been built post-2000 as well.

Most of the homes currently on the market in this town will have two-, three-, or four-bedroom configurations, and many also have dual-story designs that provide many square feet of space for resident families. For two-bedroom homes, many configurations in this area have one and a half bathrooms. This means that there will be one full bath with a tub and a shower and a second bathroom that will just have a toilet and a sink. For homes with more bedrooms, most homes will have a two full-bath configuration for homeowners and their families.

As mentioned, the median value of a home in this area is well over $500,000, but there are homes in this area that fall far above this value as well. In fact, this part of Massachusetts is well-known for some of the larger estates that are peppered throughout town. These homes can go for prices well over a million dollars and many have accommodations for the largest families. For these larger homes, it can be expected that there will be a greater number of bedrooms per unit. In fact, for the larger homes, some properties have as many as six bedrooms and four bathrooms.

In any situation, many of the properties in this town have been freshly renovated so that there are modern amenities in each unit. For example, many of the kitchens in these properties have an open concept design with kitchen islands and breakfast bars included to add a modernistic flair to the overall feel of the home.

Additionally, many of the homes that are currently on the market come equipped with hardwood floors, bay windows, and pendant lighting that accentuates the décor of the room. Overall, anyone that's looking for a stylish and cozy home, this particular Massachusetts town certainly has a lot to offer potential homebuyers.

Condos and Townhouses for Sale

With so many properties in town, it's inevitable that some of these are available as condominiums or townhouses. There are several types of these properties, and in this town, there are high-rise and low-rise style condominiums, and there are also converted homes that have multi-level designs that are sold individually to those that want to live a condominium lifestyle. Multi-family condos are quickly becoming popular in the modern market, and there are certainly quite a few advantages to purchasing property of this type.

While home ownership is often considered the American dream, owning a condo or townhouse property also can be something worth aiming for. Not only does a condominium cost significantly less than a standard single-family home's monthly mortgage, but these properties also come with a dedicated staff to help manage any issue that crops up. This is particularly useful for professionals because around-the-property duties like snow shoveling and gardening can oftentimes infringe on business duties, but with a condo staff, each of these types of services are covered.

In addition to this convenience, condominiums often have other community amenities. For example, there are properties in this town that have swimming pools, sports courts that allow for basketball and tennis, and fitness centers. Additionally, a good condo in town will also provide features like 24-hour concierge service and 24-hour package pickup as well. It's also not uncommon for a condo in this area to also have external features that are constantly kept in good shape, which means that the property value will increase significantly over time.

These properties are also a safer investment than standard single-family units. Since these are multi-family properties, the mortgage is typically handled evenly, so even if a tenant falls behind on their mortgage, the property won't go into foreclosure. This is also a good protection for when a tenant opts to move out of the condo; the other tenants will still occupy the property so that there is no risk of vacancy.

When it comes to in-unit amenities, condos and townhouses also have a tendency to outshine single-family units. With a single-family unit, appliances are far from guaranteed, and as a result, many families will have to purchase certain items in order to fully furnish their kitchen. With a condo or townhouse, these are always provided, and some properties will provide appliances like dishwashers, garbage disposals, and a washer/dryer so that the residents can feel comfortable.

For those wondering about price, condominiums have a tendency to vary significantly, but in this particular town, it's possible to find condominiums that are available for as low as $295,000. At this price range, a prospective owner will typically get a two-bedroom unit that will have a two-bath configuration. A property such as this one would also most likely be available in a converted house, and a monthly mortgage would be less than $1,200 per month, which is very reasonable.

With that said, most condominiums and townhouses in any area of the country will have a homeowner's association fee tacked onto the mortgage. While these fees are typically collected monthly, it's possible to find condos around town that take these fees quarterly or even annually. For a property at this price point, it's easy for a homeowner's association fee to cost around $300-plus dollars per month, and while many prospective owners might balk at this extra expense, it's important to understand that this expense will not only cover maintenance, but it may also cover some of the costs of utilities in the condo as well.

Apartments for Sale or Rent

In this area of Massachusetts, there are also plenty of apartment opportunities for sale or rent that prospective tenants can consider. Many falsely believe that the apartments for rent or sale have fewer features than home or condo purchases; rather, renting or owning an apartment can actually provide a fully featured experience that easily rivals other property options in this part of town. In fact, the town has more than a few apartment complexes and rental opportunities that can appeal to a wide variety of prospective town residents.

The median rental rate for an apartment in this town is about $1,865. Prices vary from this rate; in fact, it's perfectly possible to find cheaper rents in town, and of course, prices will vary based on a number of factors such as square footage, apartment amenities, community features, and the convenience of the location. An apartment at the aforementioned rental rate will typically provide at least 850 square feet of living space, and there are other apartments with a larger or smaller square footage that can be found at a similar rental rate.

This town is certainly apartment-friendly, and a dedicated prospective renter can usually find a type of apartment that will fit his or her needs. In fact, base level apartments are plentiful, and there are even more than a few luxury apartment complexes that provide a wide variety of amenities for tenants. Also, there are some apartments that are part of larger single-family or multi-family homes that can be very convenient for prospective renters. As a result, this town is one of the most apartment-friendly in this area of Massachusetts.

When it comes to apartment type, there are studios, one-bedroom, two-bedroom, and three-bedroom apartments for rent in town. Orientations and square footage can vary wildly, but typically, one-bedrooms and studios will have a single bathroom, and the rest will usually have either one and a half baths or two full bathrooms in each unit. Studio apartments are fairly unique because they don't have a dedicated bedroom area; the living room, sleeping area, and sometimes the kitchen are usually all a single unit for these types of apartments.

The remaining types can have open concept kitchens that also adjoin a dining and living area, and the bedrooms are walled and will usually have ample space for bedroom suites and larger beds. Some of the properties of this type that have luxury configurations will also include amenities like walk-in closets, fireplaces, bay windows, and vaulted ceilings.

Despite the older age of many of the buildings in town, this area of Massachusetts certainly has its share of renovated apartment properties. As a result, many of the kitchens have modern designs and may include concessions like kitchen islands and breakfast bars for the residents. Many will also have granite countertops and tile flooring that's easy to clean. One of the chief benefits of living in an apartment property is the inclusion of kitchen appliances. All of the properties in town will include appliances like ovens and refrigerators, but some properties, especially the luxury ones will include dishwashers, microwaves, and garbage disposals as well.

Apartment living is also known for its community features as well. Many apartments in the area grant access to things like fitness rooms and sports courts, and some of these properties have swimming pools that tenants and guests can use as well.

Benefits of Investing in a Home in Natick

This town really is a great option for anyone that wants to commute to and from Boston. It particularly shines due to the fact that rents and property values are on the affordable side of the spectrum, which means that the town is a good option for anyone that is starting out. It also stands out because it has a small town atmosphere, which is valuable for anyone that's starting a family; kids are safe in town and the area is known for its welcoming community. In fact, based on the state average, the length of stay after moving in is well above other towns in the area, which is a clear indicator that the residents of the town like living there.

Its proximity to the city is a major draw; in fact, it's so close that it's home to the Boston Marathon's miles eight through 12. On a clear traffic day, it shouldn't take more than 35 minutes to travel to Boston, which means that the commute is a very easy one for most car owners. When it comes to highways and roads, the city is crisscrossed with roads that grant access to many parts of the state including the Mass Pike, MA-9, and I-95. Because of this ease of travel, it's worth investing in property in this town because of the fact that a major metropolitan area like Boston is ever-growing, which means that property values are sure to increase significantly over time.

Traveling by mass transit is also very easy; on most days, it only takes about 41 minutes to reach Boston from town on the Framingham/Worcester line. In fact, this is a fairly straight shot that will send commuters directly to South Station. The town also has its own bus system that will grant transportation throughout town as well as to nearby places like Framingham.

Properties in the area can vary from colonial-style homes to more modern types of homes, and there are plenty of condos and apartments to choose from, so finding a place to live is relatively easy in the area. The city is steadily growing, which is why there are many new properties cropping up in the city.

For those that are moving to the area with a family, the city has a family-oriented environment that has a sizeable share of parks. Additionally, the downtown area is a cultural district that features plenty of options for anyone that's looking to engage in the arts. The town's downtown area outside of this cultural district is heralded as one of the most vibrant locations in this area of Massachusetts; there's simply plenty to do and more than a few retail options to explore.

Speaking of retail options, the town is also the home of one of the area's largest malls. In this mall, visitors can find more than a few key retailers that include department stores, health food stores, and other types of mall retail standards. Also, for anyone looking for a bite to eat, the mall also has an extensive food court that has eateries like the American Grill Store.

For the children, the town has some excellent schools; in fact, on many ranking lists, the schools in the area have received a near-perfect score. Additionally, there is also a full range of schools that span from kindergarten to 12th grade.

Natick Condo Developments

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