Winthrop, MA Real Estate

Single-Family Houses for Sale

As one of the oldest communities in the nation, Winthrop, Massachusetts, is a great place for prospective homeowners that are looking for a convenient place to live. In fact, this town is only six miles from Boston, and as a result, is considered one of the most convenient of the Boston suburbs that dot this area of Massachusetts.

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The housing market around the area is also thriving; it's easy to find newly constructed homes, but there are also homes aplenty that stem from the early 20th century and before. Due to this varied and thriving housing market, most people looking for a home that's near Boston will really find that this town has valuable options that have a little something for just about any homeowner.

Purchasing a home has a lot of benefits that allows for a truly customized experience for the homeowner. Once moved in, if the configuration of the home doesn't quite fit existing needs, the homeowner can get work done. This is an almost entirely unique advantage to owning property, and these types of add-ons are known to actually cause the resale value of the purchased home to appreciate. Additionally, little upgrades like adding weatherproof insulation to pipes or adding extra outlets will make life much more convenient for the homeowner and their family.

Additionally, being a homeowner is also a great investment opportunity in general; homes inevitably appreciate, and in a town like this one that's very close to Boston, it's a fairly safe bet that investments made today will yield dividends in the future. In fact, property values are currently trending upward, which means that now is a great time to invest in a property in this area.

To purchase a single-family home in this Boston suburb, a prospective homeowner could expect to encounter a fairly competitive rate; in fact, the median in the area for one of these properties is around $470,100, which is somewhat higher than the state average. Despite this, this price is certainly a steal, especially when compared to similarly convenient suburbs in the Boston area. Currently, the median list price per square foot in this town is about $324, which most investors and property value experts will agree is very competitive.

For those that opt to purchase one of these properties, there are a lot of options when it comes to configuration. Two-, three-, four-, and even five-bedroom homes constantly spring up on the market, and even the properties that have more rooms often cost well under a million dollars. When it comes to floor plans, there are a variety of different types of homes to choose from, but in this area, amenities like hardwood flooring, fireplaces, and ornate balusters are fairly common throughout the housing market. Many of the homes in town are also very close to Lewis Lake, which means that residents can easily boat or fish mere steps away from their sun porches.

For external features, the homes in this town have a tendency to be built on lots that range from 4,000 to 9,000 square feet, and as a result, there's usually enough room for a family to have a yard, some patio space, and a location for the vehicles. Some of these homes also have one- and two-car garages, which can certainly add extra convenience to a home purchase.

Condos and Townhouses for Sale

Outside of the standard home opportunities in this Boston suburb, there are a wide variety of condo and townhouse opportunities for anyone that wants to own this type of property. In fact, the area has become something of a hotspot when it comes to condos, so anyone looking to have a different type of property ownership experience than standard single-family home ownership will certainly have options in this town. In fact, there have been condominium properties recently developed in the area, and it's possible to find places to live that have been constructed as recently as 2017.

Condominium living certainly has its perks; condos typically have a cheaper asking price than single-family units, and they often provide a more than adequate amount of living space. Condos are also very convenient for anyone that is a busy professional; these properties are fully maintained and upgraded, so busy people won't have to do much work after hours and on weekends. This is particularly useful in an area that has such varying weather conditions; snow will be shoveled in the winter and the general area will be well-maintained throughout the year. This is very convenient for tenants, and the staff is typically paid out of the money provided to the homeowner's association.

The homeowner's association fees are another concession that is relatively unique to the condo or townhouse experience. These fees typically can range anywhere from $200 to $400 per month, but there are also HOA fees that can be charged quarterly or yearly instead. Not only will these HOA fees pay for the wages of the condo staff, but these are often used for utilities and upkeep as well. As a result, typically variable utility expenses like heating and electricity are often paid at a blanket rate so that tenants can use as much as they need without worrying about extra charges.

Condos and townhouses, like standard homes, also require a monthly mortgage, but these properties are often considered low-risk because of the fact that there are usually multiple families living on-premise, which provides something of a safety net for the owners. In fact, it's this experience that makes these types of so attractive; owners tend to form close-knit communities that can be very family-like.

To foster the community experience, many of these types of developments also have community-based amenities like pools, saunas, gyms, and sporting areas that community members and their guests can use at their leisure. In fact, these extras provide a major impetus to joining condo communities in the area, and since there are a few of these types of options throughout town, prospective owners can select the condo community that best fits the needs of themselves and their family. Many of the condo opportunities in town are also near the beach, which means that swimming, boating, and fishing opportunities are fairly abundant.

When it comes to in-unit amenities, several of the condos have hardwood flooring, spacious floor plans, and modern kitchens, especially for those units that have been newly built. In fact, the kitchen experience can be a major draw for those seeking to live in a condominium; in these properties, the kitchens are often fully furnished and come with granite countertops, open-concept configurations, and many even have a full suite of appliances that make moving in very convenient.

Apartments for Rent or Sale

Apartments in this area are also a great option, and residents who have an apartment with windows above the first-floor will have a beautiful view of the sea or Boston, depending on the direction that the window faces. Families looking for a home in this area can decide to purchase an apartment or rent one. Typically, the price point for a large apartment with more than three bedrooms is going to be between $600,000 and $750,000.

For potential residents that are not ready to be homeowners, there are also one- and two-bedroom apartments for rent in the area. This allows residents to keep an eye on the market to find the home in the area that really fits their needs. Since this is a great location, the rental prices range between $1,500 and $2,000 a month. Three-bedroom apartments are also available in the area for a little bit more a month.

Many of the apartments in the area have a balcony or some type of outdoor space, which is great because this area is close to the water. There are often shared outdoor spaces as well on the property of apartment buildings in the town. This can include things like a pool, a grilling space, and a courtyard option where residents can simply enjoy the outdoors.

One of the best things about renting an apartment is that the maintenance will be taken care of by the management. This means that the grass will be maintained in the summer and the snow will be removed from the pathways during the winter months. Heat, hot water, and garbage removal are also often included when an apartment is rented. This means that if a resident has an issue inside of the apartment unit, maintenance will be available 24 hours a day at most locations to resolve the issue.

Inside, residents will also find a lot of common spaces that they can use. This includes spaces like a business center, a community room, or even a theater where movies can be enjoyed. There is also often a fitness room in most apartment buildings that allow residents to get in their cardio and tone their muscles without leaving the property.

Inside of each unit, residents can expect to find spacious living quarters that have ample storage space. Many apartments in the area have hardwood flooring, but carpeted bedrooms are available if that is preferred. Some of the apartments that are available also have a fireplace in the main living space that will help heat the home during the cold winters that New England is known for. The kitchens are often designed with an open concept that allows for a spacious pantry, a breakfast bar, and plenty of counter space.

Appliances in these kitchens are typically kept up-to-date, so they are stainless steel and include a dishwasher and a microwave in many apartments. In addition, there will most likely be a washer and a dryer in each unit, but if there is not, there will be a laundry room on the property for residents to use.

In addition, parking will never be an issue in this town because when you rent or buy an apartment, there are typically parking spaces associated with each unit. If there is not a space for the units specifically, there will at least be parking that keeps resident vehicles off of the street.

Benefits of Investing in Real Estate in the Community

If someone is looking to potentially move into this area, one of the biggest draws by far is the community's close proximity to Boston. By car, a commuter would only have to travel about six miles to reach the city, which means that a resident can get to and from work in about 20 minutes or so. This proximity is also fairly bankable as well; investors that are looking to turn a profit can always depend on neighborhoods and towns that are in close proximity to major metropolitan centers like Boston.

Drivers around the area also have a robust highway system that they can depend on to get them around the state and to other parts of the country. Route 145 travels through town, interstates like I-90 and I-93 are close by, and the Mass Pike section of I-90 is easy to reach from town.

Residents also are granted easy access to Boston's Logan International Airport; in fact, the town is actually closer to the airport than to some areas of Boston. This means that this town is very useful for professionals that have a tendency to do a lot of overseas travel; getting to and from the airport can be quickly done via cab or Uber, and there are also parking accommodations at the airport itself.

Outside of its easy car commuting options, the area is also serviced by the MBTA, which means that lines like the Orange Line are present in town. This provides a lot of inherent conveniences because, with such a robust mass transit system, residents can drive less, which is fairly positive for the environment. The town also has a bus line provided by Paul Revere Transportation that crisscrosses the area as well, which is useful and also grants some truly picturesque vistas.

When considering the picturesque nature of the town, much of its beauty is a result of the fact that it rests on Massachusetts' famous North Shore. As a result, the town has seven miles of shoreline and more than a few beautiful beaches for an individual to explore with family and friends. The two major beaches in the area are the town's namesake beach and Yirrel Beach, which are well-known for their placid waters and soft sand.

Additionally, the town has a robust parks and recreation experience that will provide hours of activity for children. When it comes to education, all of Boston's major schools are easily accessible from town, but in-town, there are also several scholastic options that include Arthur T. Cummings Elementary School and the Bright Beginning's Learning Center. Overall, each of these schools is well-ranked when compared to the rest of the state, and the high schools in the area are considered top-notch for college prep.

For those looking for retail options, Winthrop has a very robust experience for those looking to shop in town. Michael's Mall, which is situated in town, has more than a few retail options to select, and there are also more than a few additional retail options throughout town. For those looking for groceries, the area also has a meat market and more than a few standard groceries that provide a wide variety of food options.

Winthrop Condo Developments

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