Princeton Condos
Princeton is a small town that is located about an hour to the northwest of Boston. It has a population of slightly more than 3500 people. The population has grown by 100 people in the last decade. Because of its small size and population, the town enjoys lower real estate prices found elsewhere in the area. Further, it does not have the availability of housing found in other cities located in this part of the state.
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Buying a Home
The condo listings for this small town may not be as plentiful as other neighboring cities. Still, the ones that do come up for sale can command prices that are reasonable for the area.
A recently sold condo in the town closed at $142,500. This property was a two-bedroom, one and a half bath home. It featured 1356 square feet of living space.
Some of the amenities found with the property included new windows and ceiling fans, hardwood flooring, a new roof, and a private patio that overlooked the woods in the backyard. The master bedroom had cathedral ceilings and closet organizers. It also had green energy appliances in the kitchen and monthly HOA fees of $106.
If you are on the lookout for a property like this here, you need a representative who can alert you to upcoming listings. Call us today for real estate representation in the local market.
Selling a Home
With the limited number of listings that come up for sale here, it stands to reason that your own listing can sell quickly if it is represented in the right way. To start, you may wonder how to price your home for sale. The condominium that sold recently was priced at $142,500. If your own property has more than one bedroom and more than a single bathroom, you could price it similarly.
You also can close the sale quickly by disclosing how much the HOA fees are. Unlike other nearby cities, the HOA fees for condos here are typically slightly lower. The home that sold recently had HOA fees of a mere $106 per month. It was also only on the market for a little over a year.
The HOA fees are used to cover resident costs like security and maintenance. When listing your own home for sale, you may want to include details about what the buyers will get in return for their monthly fees. Some of the paid HOA costs found with other listings in nearby towns included snow removal, landscaping like mowing and weeding, pest control, routine or preventative maintenance, and master insurance.
Putting up a home for sale in this tiny but appealing town can be an easy process with professional real estate representation. Allow us to represent your listing so you can sell it quickly by calling us today.
Town Overview
Princeton is so small that it does not have individual neighborhoods. However, the average price for a home in this town is $326,500. This price makes the town more affordable to live in than other cities close to Boston. It is still more expensive than most of the country.
Part of the expense of renting or buying a home here stems from the fact that the population continues to grow ever so slightly each year. Recent estimates indicate the town has grown by 8.8 percent in the last few years alone. As more people move to the city, more homes, apartments, and condos are purchased or rented. In turn, fewer residences are available for newcomers to the town.
Another study indicates that home prices have appreciated by more than 15 percent in the last decade. Given this detail, it stands to reason that homes will become more expensive in the years to come particularly as more people move to the town. The influx of newcomers is expected to continue especially in light of the fact that the town garnered national attention recently for being the 12th best commuter midsize city in the country and the 14th most comfortable city to live during the summer.
When you plan on moving to or selling a home in the town, you can benefit by having a professional representative by your side during the transaction. Contact us to learn how we can represent you and your real estate interests today.
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