Needham, MA Real Estate
Single-Family Houses for Sale
The town of Needham, which is located in Norfolk County, Massachusetts, is a suburb of Boston that is a conveniently-placed neighborhood that has a lot to offer a prospective homeowner. Known for its easygoing atmosphere, this town is a great place to return to after a busy day at work. As a result of this, purchasing a property in the area is a great idea, and fortunately, there are more than a few single-family homes on the market that can meet the needs of just about anyone looking to own a home.
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One of the biggest draws to owning a home in Massachusetts is how varied the market is in any given town. It's easy to find homes peppered throughout the state that originated in the colonial, Victorian, or modern eras, and this area of the state is no exception. Also, owning a home with such close proximity to Boston, which is experiencing increased growth, is a great idea, especially if a homeowner is considering resale value down the line.
Currently, the median home value in this town is $874,000 due to the fact that this town is located in such a prime location. As a result, per square foot, property in this area of Massachusetts is around $436, which is significantly higher than the surrounding area's median value. Combine this high median with the fact that the town's property market is growing and it becomes clear that it's worth investing in a home in the area.
This town has a fairly unique housing market, there are more than a few properties that fall well above the one million dollar mark, and as a result, these homes really pack on the amenities like two-car garages, spacious acreage, and little extras like on-property swimming pools and expansive patio areas. These properties also tend to have ample rooms; with many houses in this town having four-plus bedrooms that are more than adequately spaced for larger families.
On the other end of the spectrum, the market also has standard one- and two-story homes as well, which have two- and three-bedroom configurations. These are designed to be cozy and well-equipped for prospective homeowners and have a tendency to have their own level of luxury as well. When it comes to accommodations, a homeowner can expect many of the properties in the area to have hardwood flooring, open concept kitchens with features like center islands, and conveniences like two-car garages. It's also not uncommon for these types of properties to have finished basements and ample room for a home office or study as well.
This town also is an area where many of the standard housing options come equipped with a multi-bathroom setup that features at least one half-bath. Half bathrooms usually only feature toilets and sinks, but they are convenient for those times when the full bathrooms on the property are occupied by another. Properties of this type are also fairly generous when it comes to living space; bedrooms are sizeable and living rooms will typically provide enough room for full-sized suites and entertainment systems.
Condos and Townhouses for Sale
Full-on home owning isn't the only option in this Boston suburb. The condominium and townhouse market is also a property market that is definitely booming in this neighborhood. These types of properties are some of the most convenient to live in for professionals due to their various amenities. Firstly, a good condominium is typically staffed with a 24-hour team that is there to help resolve any maintenance issues, assist with tenant needs, or simply engage in upkeep around the property. As a result of this, tenants never have to worry about the various minutia that traditional homeowners often face; work around the property like snow shoveling and greenery upkeep are all done by the staff.
Condo living in this town also has other benefits as well. In fact, many of the properties that have units for this type of ownership also have community features like pools, basketball and tennis courts, and many also provide fitness centers for the convenience of the tenants. Also, a good property of this type will also have a welcoming community so that residents can feel like a part of a family.
In-unit amenities in this type of property are also very extensive. When a person purchases a condo, the experience is quite different from a home buying situation inside the new home. Unlike the majority of home purchases, a condominium or townhouse will come with kitchens that are fully equipped with various appliances. The typical appliance setup of one of these homes means that residents will have access to dishwashers, refrigerators, garbage disposals, full range setups, and microwaves.
Additionally, in many of the properties in town, kitchens are furnished with granite countertops and will also have aesthetic and functional concessions such as oak cabinetry and center islands for additional food preparation space. These types of properties are usually a fairly smart decision for owners because of the fact that each of these extra amenities can be maintained and quickly replaced by condo staff, which really adds a lot of convenience to the ownership experience.
In this area of the state, there are typically two types of condo or townhouse property: multi-family complexes or converted homes. Typically, converted homes will have parts of the property divided so that each resident family can have privacy. Multi-family complexes were built to be condos from the beginning and will typically have larger communities of residents.
Currently, the town has an excellent market for this type of property; at any given time, there are at least 10 properties that are actively looking for new tenants, which means that with the right amount of diligence, most people can quickly find a home in the area of this type. For one of these properties, the median value in this town is over $800,000, which means that mortgages for one of these properties can easily eclipse $3,000 per month in some areas of town.
It's also important to understand that condominiums and townhouses are also prone to have HOA fees associated with them. These fees go to the homeowner's association and will typically cover the cost of the staff as well as some or all of the utilities at the property. In this area, it's possible to find HOA fees for as little as $50 per month, but it's much more common for these properties to charge more than $250 per month for this fee.
Apartments for Sale or Rent
For those looking for an apartment property in this town, there are certainly more than a few options. This town has a tendency to err towards the glamorous, which is why many of the apartment complexes in the area are designed to have their share of luxury features and conveniences. As it is everywhere, finding the right apartment in this town can take some extensive legwork, but with the right levels of due diligence, a prospective tenant will find a unit that will accommodate them and their families needs.
In most areas of the country, apartments can be the property type that's most in-demand, and in this suburb of Boston, this is often the case as well. Apartments go fast, but fortunately, there are typically units available if you're diligent. With an apartment, prospective tenants will have a relatively easy time finding one-bedroom and studio units, which can be hard to come by in traditional homes or condos, and larger-style apartments are also available that will feature anywhere from two-bedroom setups to four-bedroom configurations.
This type of living has a wide array of advantages when compared to traditional home or condo purchasing. Firstly, living in an apartment means that tenants are more easily able to find a unit that will fit their specific needs; most apartment complexes in town have multiple floor plans, even if the apartments that are available have the same number of bedrooms. For this reason, prospective renters can more easily find locations with more windows, southern exposure, or with different kitchen arrangements.
As with other property types in the area, apartments in town are very convenient due to the fact that commuting to Boston from here is very easy. To add to the convenience, some complexes offer on-premise parking that can allow renters quick access to their vehicles so that the commute to and from Boston is easy and stress-free.
The average rent for an apartment in town is almost $1,600 per month, and unlike condos or townhouses, most apartment complexes do not charge an HOA fee. Many of the apartments in town are well-equipped so that residents will feel comfortable and at ease, and each complex also typically has community amenities that can certainly add appeal to apartment living.
For example, in some of the apartment complexes in the area, utilities are covered in the base rent. With this all-bills-paid type of rental agreement, renters will have a fairly convenient and easy to track payment schedule that will also mean that there will be no extra expenses that increase during certain periods throughout the year.
Additionally, some apartment buildings will have community centers for neighbor socialization, fitness rooms, and pools to use during the warmer months. When it comes to in-unit benefits, apartments are also often equipped with a wide-reaching selection of appliances that can include washers/dryers, refrigerators, dishwashers, stoves, and microwaves. Each of these appliances can and will be updated by apartment staff, which adds a lot of convenience to the apartment lifestyle.
Benefits of Investing in a Home in Needham
This is a town that has a lot of charm and is also a fairly upscale community that has the convenience of being in very close proximity to Boston. Property owners in the area will also love the picturesque views that are available off of the banks of the Charles River. In addition, the town is filled with activities to take part in; in fact, it was even declared the 12th best place to live in the state.
As a steadily growing property market, it's definitely worthwhile investing in a property in this town; not only are the homes and condos luxurious and packed with their share of modern conveniences for individuals and their families, but the Boston area is experiencing a period of growth, which means that properties in this local suburb will continue to appreciate in value.
Professionals will prosper in this town due to the fact that it provides easy access to the city; a daily commute will only take about an hour each day because making then trip via I-90 takes only about 29 minutes with good traffic. Because of this, it's easy to work diligently in the city during the day and come home afterward to an idyllic town environment where residents can decompress and enjoy the beautiful town landscape. To enhance this experience, many of the properties in town, be they single-family home, condo, or apartment, are positioned centrally so that the commute is simple and plain. I-95 also is near to town as well, which means exploring up and down the east coast is fairly simply done from a town property.
If car travel isn't preferable, the town also has other means of commuting and traveling throughout town. For those looking to ride public transit to Boston, there is a T station in the town that will provide quick access to Boston in less than an hour. For those that prefer the scenery of a bus, this town also has the 39 and 59 bus lines, which provide ways to reach Boston via places like Forest Hills.
Outside of the daily grind, this neighborhood also has some excellent features that many residents will want to get to know. Firstly, the town is famous for its picturesque parks and hiking paths. For fans of golf, some of the best country clubs in the state are located right in town. For art lovers, the town has a community theater that features the town's theater company, which has a rotating cast of excellent performers.
Retail options are also rich in the area; in fact, there are two major malls in the area that are easily reached by car or town public transit. As a result of these options, town residents won't have much issue finding the goods that they need for everyday life.
When it comes to family life, this is a town that's well-known for its simplicity and family-friendliness, and there are also more than a few schools in the area that are well-ranked in the state. In fact, institutions like Pollard Middle School and the Eliot School are ranked very highly in the state for academics and college prep.
Needham Condo Developments
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