Norwood Condos
Norwood is a midsize city of 30,000 with a growing population. In the last decade, the size of the city has increase by 1100 people. The influx of newcomers to the city has increased the demand for available housing in town. Call us today for representation in finding available condominiums for sale or for help selling your condo to qualified buyers.
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Purchasing Property
This city is only 23 miles of Boston, which makes it an ideal location for people who prefer to commute in and out of the Boston metro area for work or school. Because it is located so close to Boston, it continues to see an increase of people who want to buy or rent available housing in this town.
The demand for housing has driven up the prices for condos significantly, so much so that a two-bedroom unit can start out at $219,000 and sell for as high as $400,000. Larger homes with three and four bedrooms and at least two bathrooms can command as much as $500,000.
It is also not uncommon for condominiums to sell rather quickly with many listings only being on the market for a matter of days before they are sold. Buyers do not seem to have a preference for the age of the units or whether or not they feature new construction. Many of the recently sold units were on the market less than 30 day before they were purchased.
When you have your sights set on moving to this city, you can benefit by having a professional representative carry out your search for you. Call us today for representation in finding and buying a home here.
Selling Property
With as quickly as homes can sell here, it makes sense that you would want someone to represent you and your home's best interest in the real estate market. Contact us to learn how we can offer professional representation to you throughout the entire transaction.
Having someone represent you and your home in the local market can guarantee that buyers will see your listing's best features. You also will get a fair asking price for your home for sale. Even if your unit is only a one-bedroom, one-bathroom home, you can still sell it for at least $180,000 based on current listings.
Another important detail to include with your listing is the amount of HOA fees that buyers will have to pay each month. The HOA fees that are found attached to many listings average around $235 to $400 per month. They cover costs like master insurance, security, water and trash removal, gas heat, and basic landscaping services.
The real estate market here is competitive and fast-paced. When you do not want to get edged out by the competition, you need a professional representative to watch out for your listing. Contact us to find out how we can help you sell your home faster.
About the City
Norwood has six main neighborhoods that are Normandy Drive, Providence Highway, Winslows, Walpole Street, Village Road West, and Town Center. Normandy Drive is the most expensive neighborhood in which to live or rent. The median home price here is $529,736. The average price of rent is $2473 while the overall vacancy rate is 5.5 percent. The neighborhood is made up of medium-size single family homes, condominiums, and apartment complexes.
Providence Highway is the next most expensive neighborhood in which to buy or rent a place to live. The average home prices here are $478,390 while the average price for rent each month is $1774. The vacancy rate for the neighborhood is 4.2 percent. The neighborhood is made up of mainly three and four-bedroom homes as well as high-rise apartment buildings.
Winslows is the third most expensive neighborhood in the area. The median home price here is $466,940. The average price for rent is $2291 per month while the overall vacancy rate for the neighborhood is 4.5 percent. The neighborhood is made up of mainly three and four-bedroom single family homes. However, it is also home to several apartment complexes.
Buying or selling a home in this town can be a competitive process. Call us today to secure our experienced real estate representation services.
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