Plainville Condos
Plainville is a small town of 8000 people that is located about 30 miles south of Boston. Its close distance to Boston makes it a haven for commuters who work or go to school in Boston but prefer to live outside of the city's limits. Plainville has seen a population increase of more than seven percent jus in the last 10 years. The growing population has created a drive in the housing market and is one of the primary reasons for why home prices in the area continue to rise drastically.
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Finding a Home to Buy
When you are in the market for a condo to buy and move into, it is important that you know upfront what kind of prices are typical for the area. The most modest of listings for these types of homes start out at around $250,000 and can go as high as $549,000 for two and three-bedroom, three-bathroom units.
The prices do not include the HOA fees, which are charged monthly and cover basic expenses like gas heat, water, trash removal, snow shoveling and landscaping services, security, and master insurance. The HOA fees for this city start out at around $300 a month and range as high as $400 to $500 depending on the building or community.
Finding the right home to buy here can be a process for which you may need assistance. Contact us now to learn more about our representation services.
Placing a Home on the Market
Based on the recent listings for condos, it stands to reason that you can expect your own home to sell rather quickly. The average listing stays on the market for around 30 to 40 days and in some instances longer. However, many of the homes sell within a year and for prices that are on par with other home listings in the area.
How fast your own home sells will depend on what price you ask for it, which itself can depend on its size as well as its amenities. Given some of the listings for condos in the area, buyers may prefer to consider homes that have high ceilings, ample natural lighting, wall-to-wall carpets in the main areas like the living room and hallway, and modern kitchens complete with electric appliances.
You also can command top dollar for your home if it has more than one bedroom and more than one bathroom. Condominiums with upwards of 1800 square feet of living space are selling for the highest prices right now.
If you are unsure of how to price your home or what kinds of amenities to mention in your listing, you can get experienced advice by hiring a real estate professional to assist you. Contact us to find out how we can represent you and your property in the local market today.
City Information
Plainville is so small that it does not have distinct neighborhoods like other cities in the area. Still, it has one of the most expensive real estate markets for a city its size. Much of the allure and expense of the real estate market is owed directly to the city's closeness to Boston and the Boston metro area.
In fact, just as the population has grown over the last decade, so has the price of rent charged for Plainville homes. People who rent instead of buy homes here pay on average around $1562 a month. This price has increased by one percent over the last year.
While that does not sound like much of an increase, it does reflect the growing demand for available housing in the town. A studio apartment can now rent for as much as $1165 a month, an increase of 16 percent over the last year. A one-bedroom apartment rents for $1364 a month, which is higher by five percent than last year. A two-bedroom rents for $1709, which is actually cheaper by two percent than last year's prices. However a three-bedroom apartment rents for $2025, which is a one percent increase from last year.
If you plan to buy or sell a home, you need someone to represent you and your best interests in the local real estate market. Contact us to take advantage of the professional real estate representation options that we have available now.
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