Norfolk Condos
Located in Norfolk County, Norfolk is a midsize city of 11,227 residents. It sits along the Charles River. It also has some of the highest housing costs in all of the state. Contact us now for representation if you plan on buying or selling a condo in this historic and charming city.
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Purchasing a Home
Like other local real estate listings, the condominiums for sale in this city have higher price tags than comparable units in other parts of the state. A two-bedroom unit can start out at $415,000 while a three-bedroom unit can sell for $620,000 or higher. The prices signal the high demand for quality housing in this part of the state as well as the exclusiveness of the real estate market here.
For those prices, however, buyers get world-class amenities sometimes not found in single family homes or apartments. Some of the perks that can be found in condos here include large master suites, fully furnished kitchens, full bathrooms, and walkout patios. Many of the homes also come with at least a one car garage. Some also come with second floors or attics that can be used for extra storage.
Finding a home that suits your needs and budget can be a challenge if you go the process alone. You can get professional representation that can find you the best home for you and your family by contacting us today.
Selling Your Home
The process of selling your home can also be a challenge even with as lucrative as the local real estate market is. Allow us to represent your home in the market and help you list it for a price that will help it sell quickly.
Pricing your condo will depend on what types of luxuries and conveniences it has to offer. Some of the recently sold units drew buyers because of perks like open layouts and views of the river. Off-street parking or the availability of one and two-car garages also are big draws for buyers. The sold units additionally offered central heat and air conditioning, gas or electric fireplaces, and water and trash service included with the HOA fees.
The HOA fees are also a key detail that many buyers will want to know about upfront. We can help you give full disclosure of what types of costs are covered by the fees. Some of the common expenses paid for by HOA fees include regular maintenance of the units, snow removal, and landscaping.
The homes for sale here can stay on the market for as long as 122 days but also sell as quickly as 20 days after it is listed. You presumably want to sell your home as quickly as possible without compromising the asking price. You can gain experienced representation with inside knowledge of the local real estate market by contacting us today.
About the City
Norfolk consists of two main neighborhoods: Town Center and Highland Lake. Town Center sits on the eastern portion of the city. It is primarily a suburban neighborhood made up of two, three, four, and even five-bedroom single family homes and townhouses. Most of the homes were built between 1970 to 1999. However, newer construction dates to 2000 with a number of new homes currently being built in Town Center.
The average home price in this neighborhood is $536,005, making it more expensive than 73 percent of the neighborhoods in Massachusetts and almost 88 percent of neighborhoods located elsewhere in the U.S. The average price for monthly rent in Town Center is $1606, which is more expensive than 61 percent of rental prices found in other neighborhoods in the state. Real estate vacancy rates for Town Center is 5.8 percent, lower than the national vacancy average of 11.7 percent.
The other neighborhood is Highland Lake, located on the city's western half. Highland Lake consists primarily of three and four-bedroom single family homes. The average house price in this neighborhood is $512,624, which is more expensive than 71 percent of the neighborhoods found elsewhere in the state. The monthly price for rent averages $1904, lower than 40 percent of the neighborhoods in Massachusetts.
Whether you are buying or selling a condo here, you need professional representation in the real estate market. Contact us now to learn how we can help with your real estate needs.
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