Sturbridge Condos

This town is located in Worcester County. It had a population of 9,268 in the 2010 U.S. Census. It has a total area of 39.0 square miles. Boston lies 55 miles to the east. The major highways of U.S. Route 20, I-90, and I-85 pass through the community.

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Buying a Condo

The average price of a townhouse in the community is $221,097. On the recent market, properties ranged from a two-bedroom, three-bath, 1,338 square-foot unit listed for $180,000 to a four-bedroom, three-bath, 1,590 square-foot unit listed for $284,900.

The following is a brief description of some of the complexes in the community:

Sturbridge Hills

This 120 unit complex was built in 1988. It is located near I-84. It features townhouse units that include an open floor plan, one-car attached garage, cathedral ceilings, and a basement. Complex amenities include a tennis court. The homeowners’ association fee is $268 a month.

Sturbridge Crossing

This complex was built in 1987 and has 33 townhouse units. It is located near I-84 in a scenic setting with wooded views. Each unit features an open floor plan, first-floor master suite, and a fireplace. Complex amenities include gated community access, landscaping, snow removal, and a tennis court. Homeowners’ association fees are $394 a month.

Crescent Gat

This 55+ community was built in 2006. It is located on U.S. Route 20. Each unit features an open floor plan, underground garage parking, and extra storage. Complex amenities include an exercise room, theater room, and a game room/entertainment area.

Hinman Villag

This eight unit complex was built in 1985. It is located near I-84. It features townhouses that include an open floor plan, patio, and dedicated off-street parking. A two-bedroom unit has 1,237 square-feet of living space. On the recent market, a 1,237 square-foot unit was in the $154,900 price range. Complex amenities include a swimming pool and a tennis court. Homeowners’ association fees are $250 a month.

In a smaller community like this, the buying of a property can require professional assistance as the inventory is limited. “…[Units] tend to sell faster than single-family homes even in a down market, because [co-ops] are typically smaller, cost less, and have lower maintenance costs,” writes a market expert. Though this favors a seller, a consumer with an experienced agent acting as his buyer’s representative can find the right unit for the best price. Contact Boston City Properties and put our experience to work as your buyer’s representative. We will find you the best property for your needs.

Selling/Listing a Condo

Even in a sellers’ market, the listing of a property for the right price at the right time is very important. “Traditionally, spring is the best season to sell a house, and the winter holidays are the worst. But with [co-ops] conventional wisdom might not apply,” cautions a property expert. This makes it vital to find an agent who understands the local market. Contact Boston City Properties for expert help in marketing your unit. We will help you sell it quickly at the maximum profit.

The Neighborhoods of the Community

There are two distinct neighborhoods in this community. The following is a brief description of each one:

Old Sturbridge Village/Robinson Crusoe Camp

This neighborhood is in the southern area of town. Its median property price is $261,097, which is more than 80.2% of other neighborhoods nationwide. Most of the residential construction dates from the 1970 to 1999 period. Vacancy rates are 10%, which is higher than national averages. This may indicate that it is a buyer’s market in this area.

Town Center

This is the northern part of town. Its median price is 31% higher than the southern neighborhood, averaging $346,030 in price. The vacancy rate is also lower at 6.5%, which indicates a higher demand for property in that area.

This town has experienced great growth since 2000. The population has increased by 22.37% in the last eighteen years. This is a sign of the appeal the area has to those seeking to relocate. The area has a strong economy with an unemployment rate of 4.6% and a strong commitment to education. The local school district spends $19,266 per student each year in education. The U.S. average is $12,383. These factors make this town worth considering as a place to purchase a co-op. As one current resident said, “I love living in Sturbridge.”

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