Raynham Condos
This community is located in Bristol County. In the 2010 U.S. Census, it had a population of 13,383. It is thirty-five miles south of Boston. It has an area of 20.9 square miles, with over 98% of that being land. Interstate 495 is located on the eastern edge of the community. Commuter rail service does not extend to the community yet, though it is proposed in the future. The nearest station is in neighboring Bridgewater on the Middleborough-Lakeville line. The average commuter in the town spends over 32 minutes traveling to work, compared to the national average of 25.4 minutes.
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Buying a Condo
The median value of a unit in the town is $340,200. The market is healthy, with values appreciating 3.6% this last year. The month-supply inventory of units on the market has fallen in the area since 2015, making the market very tight. Recently, the properties available have been higher than the average values of the area. They ranged from a two-bedroom, one-and-a-half-bath, unit listed for $249,900 to a three-bedroom, two-and-one-half-bath unit listed for $435,000.
The following is a brief description of some of the complexes in the community:
Village at Wildflower Green
This complex is located near I-495. It features free-standing properties. The complex was built in 2005. The units are two-story and feature open floor plans. The homeowners’ association fee is $237 a month. The community amenities include a club house, playground, and guest parking.
Briarcliff
Located near the center of town, this complex was built in 1974 and features 96 units. Located on twenty acres, the development has scenic surroundings while still in the city. The complex amenities include controlled access, storage units and intercoms.
Fieldstone Drive
This complex was developed in 2004 and 2005. Prices for units range from $142,000 to $558,383. The development has both two and three-bedroom units with living space ranging from 1,868 square-feet to 2,294 square-feet.
Many issues need to be considered when buying a property. For example, some complexes cover maintenance expenses completely from the monthly homeowners’ association fees. Others may pay for large capital improvements to the property through special assessments, where owners are charged an extra fee above normal month payments. Because of the unique features of co-op property, it is prudent to contract a buyer’s representative to guard your interests. With our depth of experience in the market in the Boston area, we are ready to represent you and negotiate the best deal for your purchase.
Selling/Listing a Condo
Selling a co-op property differs from selling a house. For example, conventional wisdom says that spring is the best time to sell a house, but this may not be the case for a co-op unit. Much depends on the unique characteristics of a community where it is located. Also, properties don’t stay on the market as long. “…[These] tend to sell faster than single-family homes even in a down market, because [units] are typically smaller, cost less, and have lower maintenance costs,” writes Lisa Johnson Mandel for Realtor.com. These special characteristics of marketing a co-op make the choice of a property expert to assist you very important. Contact us for expert help to sell your unit quickly for the best price.
The Neighborhoods of the Community
The town can be divided into two main sections: Town Center in the northern area and Raynham Center in the southern area. The following is a brief description of each area:
Town Center
This median property price in this neighborhood is $389,242. The northern area of town also has a very low vacancy rate of 5.9%, lower than over 68% of the rest of the nation. This means that the demand for property is high in this part of town, which tends to favor sellers.
Raynham Center
This southern area of town is less expensive in property costs than the northern section. Median property prices are almost 4% lower than in Town Center. The vacancy rate in this part of town is 3.1%, which indicates the property market is very tight.
Though still in the Boston metro area, this community offers people a chance to live in a small town, while still having access to the city. With a low unemployment rate of 4.4% and a local school district which is above the national average of spending per student, this town has much to offer. As one long-time resident said, “I was lucky enough to be able to grow up [in the town]…. Everybody knows everybody, and we all get together and spend time together at cookouts and things like that. It is truly a great place to grow up in.”
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