Facts about the Sherborn, MA Real Estate Properties 2018
Among the most significant things about living in the town of Sherborn in Massachusetts is you get to enjoy the beauty of nature while you are just half an hour away from downtown Boston. The place gives you that genuine small town feel, which is why most of the residents here say that it is the town where everyone knows your name.
When you choose to live in a real estate property in the area, you can get easy access to Farm Pond, which is one of the three cleanest ponds in the entire United States. In Farm Pond, you can have fun with your family and friends at the town beach where you can swim, sail, and go kayaking. If you are looking for more activities, you can enjoy things like fishing, canoeing, and even ice skating when the water turns to ice during winter.
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There are so many things to do in the area because woodland trails and conservation land surround this particular town. These places can give you spots where you can go hiking, cross-country skiing, and mountain biking if you wish. If you like it low-key, you can relax, sit back, and enjoy the view.
Perhaps one of the reasons why many people choose to live in this town is that it offers easy access and quick transportation to downtown Boston. It is only 30 minutes away from the city center, and you can run errands swiftly without problems since it is just 15 minutes from the Natick Collection, downtown Wellesley, and several major chain stores.
What You Should Know about the Single-Family Homes in This Town
This town offers many choices for people who are searching for a new house, mainly a single-family home in Massachusetts. It is in Middlesex County and is bordered by Natick, Framingham, Millis, Holliston, Medfield, and Ashland. There are a good number of single-family homes in the area, and just these past few months, there have been 55 in the market. That means there are plenty of options for people who want to live in this place.
The average listing price for January all the way to March is $1,116,461, which may be quite expensive. However, the rate is high because most of the homes for sale during the mentioned period had at least three bedrooms and two baths. They were mostly luxurious as well, with many amenities and features to boast. The highest list price was $2.3 million, which featured an expansive mansion with fireplaces and five bedrooms among its luxury qualities.
The housing market of this town is quite hot for the sellers just because the median listing price is favorable to them. On average, the homes that are up for sale in this area have an amount of around $1.2 million where the cost of every square foot is equivalent to $300. The median closing price, however, is approximately $744,000, which means it is also an excellent time to purchase these days. Most of the sellers are open to negotiation and can even give discounts to buyers.
The real estate market of this town shows that the prices of homes are on an upward trend. Compared to last year in January, the median listing price was just $859,000. The beginning of this year saw an increase that led to $889,000 in the average price of homes for sale. Just a month later, the average cost of single-family homes skyrocketed to $1,185,000. It is expected that this amount will continue to increase in the coming months or at least will remain steady while the market continues to be hot for the sellers in the area.
As for the value of homes in this town, there has been a 3.3% increase since last year where it has now reached $796,800. It is believed that these homes will continue to soar in value for at least 2.2% more this year. The average list price for every square foot in the area is a little higher than the average of Boston Metro, which is just $268 compared to this town’s $282.
There are also rentals in the area where the average rental price is even higher than the Boston Metro. In this town, the median rental cost is $3,237, while the Boston Metro has $2,411. These two numbers are both higher than the US average, which is only $1,448.
Recently sold single-family homes in this town just this March include a four-bedroom and four-bathroom home at 4 Hollis Street. This property had a total of 3,998 square feet and asked for $764,000 when it was still on the market. It was built in 1979 in a three-acre lot and was one of the homes considered with great value because of its newly upgraded kitchen, walls, fixtures, and features like a waterfall and a Koi pond.
The Condos for Sale in This Town
Meanwhile, if you are interested in condo living in the area, you will find a handful of options. Most of the condos here are for sale, and it can be challenging to see one that is up for rent. However, you can still find a few selections if you want to rent a condo unit or a townhome.
Many of the condos are in Abbey Road, such as the ones that were sold this year. A two bedroom and three bathroom unit that was priced $729,900 measured 2,077 square feet was situated at 3 Abbey Road. Another condo unit was also sold for $1,299,000 in 16 Abbey Road, which has two beds and three baths but offers much larger space with 4,300 square feet.
When this year opened, there have been about three condos for sale. Although the number is small, especially when compared to the number of single-family homes, it does not include the total number of condos and townhouses that are up for rent. The average listing price for condos in this town is $687,966, while the highest rate listed is $739,000.
One of the best reasons why it is an excellent idea to purchase a condo in this town is because of its convenient location. Many of the condos, especially the townhouses here have a unique look to them. Some have courtyards and have that classic appearance that will make you believe they were built in the early years. The timeless look makes them elegant even though many of these structures were recently constructed in the 2000s.
Living in a condo means you have to pay for the Homeowner’s Association fee, which can be anywhere from $200 to $500 (or even more). Such payment can provide you with the services and amenities that come along with being a condo owner, including access to garage parking, elevator, maintenance, and other community features of the condo building.
Several of the condos in the town have already been upgraded to provide energy features that allow the dweller to save some money when they live in the building. These qualities typically include having insulated doors and windows, which can be quite useful during summer and winter months.
Mentioned above are two examples of condos that were sold in this town where both are located on Abbey Road. It is a community that consists of 18 homes that were individually-crafted for people who are at least 55 years old. However, they can also be a great place to live in for those who are much younger, particularly those who always seem to have a busy day.
The condos are located in this quintessential town, and typically, the homes are gathered into groups where there is a joint green center. The shared center allows the condo community to gain that sense of solidarity and convergence while perceiving neighborliness in the area. Pocket neighborhoods are quite exciting to live in, and there are plenty of them all around this town. They are an exciting new concept, specifically in residential design. The truth is they are all around Boston and many cities and towns all over the United States. However, pocket neighborhoods are rarely seen in New England.
The condos offer open layouts, which are guaranteed to be spacious no matter what their design is and the master suites are located on the first floor of the units for easy access.
Where to Find Apartments in This Town
On the other hand, if you are more interested in living in an apartment rather than a condo, you will find more that are available for rent and not for purchase. Of course, it does not mean that you will not see some listings that feature apartments for sale, especially if this is the type of property that you would like to own in this town. The trick is to know exactly where to look so that you will not miss the opportunity to land yourself a great deal.
What is terrific about Sherborn is its location. Due to where it is situated, you can get access to different apartments and other properties in the state. For instance, it is nearby the Parc Westborough properties where there are typically at least ten apartment units for rent with one to three-bed choices. The prices are also quite flexible, starting with $1,636, which is affordable for a luxury unit. If you are searching for a place that will welcome you and your pet, this property is something to look out for.
Another is Pierce Boston, which is just 30 minutes away from the town. You will find a variety of floor plans in this property from one to three beds with one to three bathrooms. The prices are also quite attractive because if you are lucky enough, you will find an available unit that only asks for $2,800 per month.
The apartments in this town are quite affordable, which is why they are a great alternative to condos. If you want to purchase one, it helps to find a good agent who will help you close a good deal. Of course, you should first know where to look, and one of the best areas for your search is the center of the town. The neighborhoods here have a lot to offer when it comes to peaceful living. You will also find that there are plenty of things to do while you are around the area, such as shopping and eating at posh restaurants.
The smooth country road is just a few minutes from many public transportation options, so you know you can gain easy access to commuting and other activities, such as shopping. You can have all these experiences without the need to sacrifice the small town atmosphere that you are probably looking for, especially if you do not want the noise that you can get from busy cities.
The apartments in this area offer studios and one to three bedroom units. It is also not difficult to locate ones that have four bedrooms with at least three bathrooms. Most of these properties have been recently updated, which helps get sold in the tight market today. The competition is fierce in this area, which is why the apartments, as well as the other properties, continue to upgrade their rooms from the living room to the bedrooms.
Bathrooms and kitchens also get particular attention when it comes to upgrades. Kitchens have better appliances and more appealing counters and cabinetry, while bathrooms have newer fixtures these days. It is also now common to find apartment homes that have a private balcony or patio and the residents can easily access the staff onsite.
More about the Town’s Properties
Perhaps one of the best things about living in a condo, townhome, or apartment in this town is that most of these properties welcome pets. If you are an animal lover and you have a cat or a dog, you do not have to worry about where your pet will stay. Additionally, most of the communities are smoke-free, which is a great feature for families with babies or those with allergies.
As you can see, this town is quite diverse since it has a whole lot of everything. You can find expensive homes, and you can also find ones that are affordable, which are great for new homeowners. The structures in the area have high walkability scores, so you can explore where you live on foot. You can easily find yourself near cafes, grocery stores, and restaurants because of the convenient location of the properties.
Expect to find large floor plans, especially the condos in the area. For those who want to live in a single-family home, it may be a wise decision now since there are plenty of options available these days. They are scattered all over the town, and they have excellent features and qualities that will make your stay comfortable. Some homes have wood and ceramic flooring, lots of storage, walk-in closets, and fully-equipped kitchens.
Just like many places in the state, millennials are expected to continue driving the market, which is why more and more developers are aiming to create new designs of homes that will suit this group of people’s lifestyles. Examples include the use of natural materials, numerous colors and creative accents, and rustic tech-chic styles of homes.
Whether you want to purchase or rent, you will find what you are looking for in this area. Its proximity to downtown Boston is a huge plus these days, especially if you need access to more job opportunities and hotspots.
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