West Medford Real Estate
West Medford is an idyllic neighborhood and a wonderful place for anyone who has dreamed of moving out of the city and into the suburbs. In this area, historic homes with ornate porches are surrounded by large shaded lawns and white picket fences. It's a picture-perfect suburban neighborhood that's still close to Boston. Quiet tree-lined streets and lush surroundings, which include protected green spaces along the Mystic River and Upper Mystic Lake, enhance the beauty of this historic community.
Single-Family Houses
In general, this part of Medford has fewer rentals and more owner-occupied homes. The median home value in Medford is approximately $420,000 or just under $300 per square foot. The West Medford neighborhood is upscale and affluent, and homes tend to be larger. Most single-family homes have three, four or five bedrooms. Properties in this category are selling for more than $500,000. Additional bedrooms provide an excellent opportunity to set up a home office or guest room, but not everyone needs this much space. If you're looking for a three-bedroom home or something even smaller, a condo is the best choice. Plus, you get the added benefit of professional maintenance and the protection of a condominium trust or homeowners association.
Apartments and Condos
Apartments and condos in West Medford are typically located in multi-family homes. These buildings have historic details, hardwood floors, large closets and modern finishes. Two- and three-bedroom units are fairly common in this area. Studios and smaller apartments are generally located in professionally managed multi-unit buildings. The average cost for a rental is less than $2 per square foot. At this rate, you can lease a 1,000-square-foot apartment with multiple bedrooms for $2,000 per month or less. Whether you're looking for a condo or an apartment rental, you'll get more space in West Medford. If you're willing to pay a little more than $2,000 per month, you can find a luxury rental with a designer kitchen and premium finishes.
West Medford is one of the most desirable suburbs north of Boston. Growth in the area has increased property values by nearly 10 percent since early 2014, so now is an auspicious time to purchase a home or condo in this well-loved area. It's also a good time to enter the rental market before demand diminishes the apartment supply. In this neighborhood, you can enjoy backyard barbeques, gardening and many other perks that come with a suburban address.
An Overview of West Medford
The distinctive West Medford neighborhood encompasses the extreme western section of Medford, a city located in the northwestern portion of the Greater Boston Metropolitan Area. Located in Middlesex County, Medford today boasts a population approaching 60,000. Interstate 93 crosses through this city, supplying a direct means of transportation into Downtown Boston. Travelers can journey north along this interstate to reach scenic locations in New Hampshire easily.
As its name suggests, the charming West Medford neighborhood extends along the west of the city to encompass lands lying north and east of the Mystic River. The Middlesex Fells Reservation, a lovely expanse of forest and green open spaces, comprises most of its eastern border. It adjoins the center of Medford and the Mystic River.
A well-maintained series of roads permits transportation through and around this locale. The South Medford neighborhood stretches along the southern shore of the river just south of this enclave. Medford Street bisects this neighborhood in an east-west direction as Route 60. It joins Route 38, an important local north-south thoroughfare, to form High Street in Medford. Residents who select homes in this location can easily travel via local roads to reach points of interest to them across the community, and throughout the entire Greater Boston Metropolitan Area.
Residents living in this community also enjoy easy access to a variety of essential services. People can attend classes at Medford High School and receive medical care at centrally located Lawrence Memorial Hospital. The neighborhood has enjoyed thriving growth during recent years. It lies within an established town which has attracted a number of thriving small businesses. Visit restaurants in this location, shop at local stores, and attend a variety of leisure activities!
Numerous residential properties predominate in this mainly suburban locale. Residential developments here include some homes clustered along the outskirts of the two Mystic Lakes. The more northerly of these enclaves also adjoins the Medford-Brooks Estate Land Trust on the east. These sites offer ready access to outdoor recreational opportunities. Some local ponds reportedly offer beachfront access.
Other locations within this large neighborhood in the western part of Medford include properties lining streets near Dugger Park, Playstead Park, Hastings Park, and Victory Park. Detached single family dwellings comprise the most frequent type of home in this location. Most houses offer yards, and many supply mature trees and attractive landscaping.
Some Benefits of Living in This Location
This neighborhood holds great appeal for prospective home seekers for a number of solid reasons. First, this location supplies a comfortable quality of daily life. With many nearby services and a well-developed infrastructure, residents can access employment, educational, and leisure opportunities within the immediate area. Additionally, they maintain close proximity to stylish shopping and dining venues. This quiet enclave reportedly enjoys one of the lowest crime rates in the city.
Second, the cosmopolitan City of Boston lies just a short distance away along Interstate 93. Residents easily travel to this world famous urban center to find even more employment and entertainment options. From this location, they can reach venues for concerts, professional sporting events, and museum exhibits. Whether commuting on a daily or an occasional basis, they access other locations within the Greater Boston Metropolitan Area conveniently and comparatively inexpensively.
Third, today finding detached single family dwellings and extensive open spaces close to the heart of Boston sometimes proves challenging. This neighborhood supplies an excellent selection of houses located close to hiking and biking venues. It offers a well-maintained network of parks and recreational facilities.
Residents can easily see spectacular autumn foliage displays in this locale. The adjoining Middlesex Fells Reservation provides extensive miles of trails. Residents can take full advantage of this lovely spot to gain exercise, watch wildlife, and savor beautiful scenery. Home seekers will also discover some properties here with generously sized yards and gardens. While still proximate to urban attractions, this neighborhood offers a very appealing suburban milieu!
Fourth, reportedly the public school system in this community has earned above average marks from parents and educators for quality. Youngsters here attend fine public elementary, middle and high schools without having to spend time traveling long distances to other locations. The community also offers technical and alternative schools. Additionally, this neighborhood furnishes access to a number of private school options.
Boston City Properties: A Trusted Local Name In Real Estate
As you contemplate marketing property in this community, or searching for a home here, consider contacting Boston City Properties for assistance. We strive to offer a knowledgeable resource about real estate in this locale. Call upon our services to help you accomplish your goals more easily and effectively. We welcome inquiries from people interested in learning more about properties here.
Some Popular Housing Floorplans
The community of Medford itself dates from a comparatively early Colonial period, although the town did not become an incorporated municipality until 1892. With its lengthy history as a settlement, this city maintains an impressive variety of different architectural styles. Home seekers obtain numerous choices when they seek residential properties here.
Types of Real Estate in This Marketplace
In this location, home designs run the gamut for multistory Victorian wood frame structures to sprawling 1950s style ranches, split level buildings and modern "Cape Cod" styles. Prospective buyers discover many different floor plans and property features. Choose a home with an attached multi-car garage, or select one without any garage at all. You'll find cozy single bedroom cottages and large, multi-bedroom and multi-bath structures here. The diversity of housing here contributes to the options awaiting people considering relocating to this neighborhood.
The Zillow.com website estimated the mean home price in Medford at $466,300 during the first quarter of 2018. Prospective home buyers should appreciate residential values fluctuate based upon a variety of supply and demand factors, of course. Some online sources have placed the value of property across all home category types at $369 per square foot within this city (a price that exceeds the average price per square foot within the Greater Boston Metropolitan Area).
Home seekers in this western neighborhood will discover prices falling across a broad spectrum. They range from under $100,000 in some cases to well over $1 million. In general, factors which sometimes influence the listing price include the property age, the condition, the location, the size, and the floor plan.
Available in-demand features may also allow some properties to command higher prices than others. For instance, sometimes homes with attractive waterfront views seek higher listing prices than properties lacking this feature (although many exceptions occur). Prospective home seekers frequently discover realty prices rise and fall over the course of time.
Lots
Although not plentiful, lots do reach the realty marketplace in this neighborhood from time to time. In some cases, property owners previously purchased homes with adjoining land suitable for home construction and now plan to market these tracts. In other cases, property owners have torn down existing buildings and hope to sell the vacant lots to buyers interested in undertaking new construction. Property purchasers occasionally buy homes and replace them with new residential structures also.
Before selecting any residential lot, prospective buyers should make an effort to learn about any applicable zoning and building regulations. Sometimes cities zone tracts of land exclusively for residential or commercial use, so it makes sense to understand any applicable restrictions. Additionally, in some situations, buyers should prepare to pay special assessments for new services, such as the extension of paved roads or municipal utilities to lots.
Houses
This neighborhood contains many standalone single family dwellings. The variety of houses offer prospective buyers some appealing choices. If you've considered searching for a house in this location, you may wish to attend several open houses here in order to appreciate some of the popular architectural styles and floor plans available on the marketplace during the period of your home search.
Frequently, houses offered for sale include attached fixtures, such as TV dishes and in-ground sprinkler systems. It makes sense to check with the seller specifically to determine whether or not the sales contract will include specific items of remaining property. In some situations, home sellers will sell heavy appliances (such as refrigerators and stoves) with a residence. The parties to the contract may decide to negotiate about the sale of some realty fixtures.
Attached Dwellings
Some townhome and condominium residential developments market attached homes for sale or lease. Prospective buyers will discover this category of property available in this neighborhood from time to time. Since condo association fees vary widely sometimes, you'll want to obtain specific information about any applicable fees when you consider these homes.
Townhome and condo association fees typically help cover the cost of maintaining building exteriors and shared community amenities, such as golf courses, swimming pools, or exercise areas. Additionally, these funds may support the activities of an administrative staff. From time to time, townhomes and condos in this location reach the real estate marketplace.
Apartments
Home seekers discover a variety of apartments for rent in this neighborhood. Some apartment complexes offer properties for lease for variable periods of time. Additionally, landlords sometimes create rental apartments within houses. The floor plans, architectural designs, and dimensions of rental units here vary widely. Both furnished and unfurnished units become available for rent in this neighborhood on occasion.
Prospective tenants must typically complete a rental application and provide a security deposit. Landlords frequently perform credit checks prior to renting apartments to tenants in the Greater Boston Metropolitan Area. Policies concerning issues such as parking, pet ownership, and smoking on the premises vary from one place to another. In some cases, tenants may find it helpful to sign up for a waiting list in order to relocate to an in-demand property.
Important Services We Offer
With its great selection of beautiful homes and its proximity to both the City of Boston and numerous local recreational activities, this neighborhood holds great appeal for people relocating to this part of Massachusetts. When you decide to search for properties here, consider requesting assistance from Boston City Properties. We know this popular locale very well, and we'll make every effort to assist you in realizing your real estate goals and dreams.
We look forward to helping you find your dream home in this community. For example, if you've recently decided to relocate to this neighborhood, you may choose to call upon our realty expertise. As real estate industry professionals, we endeavor to keep apprised of important trends impacting this unique market. If you share your goals for your next home with us, we'll keep you apprised of any properties we discover in this location which meet your specifications. Let us help you accomplish your search for a new residence as quickly and efficiently as possible.
We also offer many services of benefit to prospective home sellers and landlords. Have you struggled to determine a competitive listing price for your property in this locale? Consider asking us to prepare a sales marketing report for you. While not an appraisal, this type of study examines and compares the results of comparable real estate sales trends recently. It may help you determine a realistic range of prices for a sales listing. We may also suggest some useful strategies you might consider as you prepare to market your residence.
With its impressive diversity of real properties available for sale and lease, this neighborhood often attracts the interest of households relocating into this area. As you prepare to sell or purchase realty here, consider requesting assistance from Boston City Properties. We enjoy sharing our expertise in this highly specialized, demanding field. Let us help you move towards your property goals as you explore this lovely area of Eastern Massachusetts!
Call Us Today!
Would you like to list your home in West Medford for sale or lease? Or do you anticipate searching for a residence in this location soon? Contact Boston City Properties at 617-247-1933. Let us know your real estate goals. We look forward to working to assist you in achieving these objectives!
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