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New Listing in Reading! 11 Avalon Rd, Reading MA 01867

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11 Avalon Rd, Reading MA 01867
4 bed | 2 baths | 2,467 sqft
Price: $1,049,000

Welcome to this handsome Cape Cod style home, ideally situated in a highly sought after neighborhood in Reading's west side. Boasting a picturesque exterior and a delightful backyard, this property offers a perfect blend of comfort, style, and entertainment options. Inside you will be greeted by a warm and inviting atmosphere that exudes character and timeless charm. With two bedrooms upstairs and two bedrooms downstairs, the living space offers versatility with a flexible layout allowing for convenient one-level living. The backyard of this home is truly a retreat in itself, providing a beautiful backdrop for relaxation and outdoor gatherings. Take a dip in the refreshing and heated in-ground pool, perfect for beating the summer heat or hosting memorable poolside parties. The expansive yard also offers ample space for both games, activities and gardening. Additional expansion potential and basement for additional living area. Located minutes from Rt 93, 95 & Readings commuter rail.

Click here to learn more!

See it at an Open House! 6/23 from 5-6:30PM and 6/24 and 6/25 from 12-1:30PM 

 

North of Boston Real Estate Market Update June 2023

 

Welcome to our monthly real estate market update! We're taking a look at the North of Boston real estate market, specifically Middlesex and Essex counties, and comparing single-family homes that sold in May of 2023 to May of 2022. The total number of active properties fell 17%. The total number of homes sold also fell by about 27%. Days [...]

Powerful Job Market Fuels Homebuyer Demand

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Powerful Job Market Fuels Homebuyer Demand



 

The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger.

One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing [...]

North of Boston Real Estate Market Update May 2023

Welcome to our monthly market update! We're taking a look at single family homes sold in Middlesex and Essex counties and we're comparing April of 2023 to April of 2022. So the total number of active properties dropped by about 19%. Because there is very little inventory out there, the total number of homes sold also dropped by about 25%. [...]

Just Listed in Reading! 31 Martin Rd, Reading MA 01867

31 Martin Rd, MA 01867
4 bed | 2 baths | 2,038 sqft
Price: $685,000

Welcome to 31 Martin Road, a handsome colonial in a quiet and friendly neighborhood, just a stone's throw away from Birch Meadow Elementary, Coolidge Middle, Reading High, the YMCA, and parks! Step inside and be greeted by a spacious and inviting fire-placed living room, [...]

North of Boston Real Estate Market Update April 2023

Welcome to our monthly market update! We're taking a look at single family homes sold in March of 2023 and comparing it to March of 2022 specifically for Middlesex and Essex counties. The total number of active properties dropped by about 13% and inventory remains an issue. The total number of homes sold also dropped by about 15%. Days on [...]

North of Boston Real Estate Market Update March 2023

Welcome to our monthly market update! We're taking a look at single-family homes sold in Middlesex and Essex counties and comparing February of 2023 to February of 2022. The total number of active properties dropped by almost 3%. The total number of homes sold also dropped by about 21.5%. Days on market or the time that it's taking homes to [...]

Is It Really Better To Rent Than To Own a Home Right Now?

Is It Really Better To Rent Than To Own a Home Right Now? | MyKCM

Is It Really Better To Rent Than To Own a Home Right Now?


 

You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.

A lot of the time, these reports are assuming things that aren’t realistic for the average household. For example, [...]

Can you sell your home  “AS IS” In Massachusetts? 

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Can you sell your home  “As Is” In Massachusetts? 

Yes you can.   The real question is .. should you?

We have met many home sellers over the years that prefer not to invest the time and/or money in making repairs to a home before or during the sales process.  The benefit of advertising a home “SOLD AS IS” is that the expectation is set for potential buyers that any repairs would be their responsibility.  Simplifying the home sales process is certainly appealing to many home sellers but may have some drawbacks. 

If a home needs major repairs, such as a failed septic system, the home may not qualify for many types of financing.  Limiting financing options can drastically reduce the amount of potential prospects. Contractors and home flippers with access to cash or alternative financing can make the process convenient and hassle free for home sellers, however typically expect a steep discount in return for sweat equity.

If a home is otherwise in decent shape, potential home buyers often interpret “AS IS” much differently than home sellers. Some potential buyers automatically think “worst case” scenario.   They may view the home as one that needs excessive repairs and get scared that there may be an underlying problem that isn’t visible.  Compared to investors, home buyers looking to live in a home are usually willing to spend a lot more money. Many of todays buyers are not savvy when it comes to home repairs and maintenance, and can be easily spooked if a home is perceived as needing lots of work.

Even if a home is listed “AS IS” a home buyer may in fact still request repairs or attempt to negotiate.   On the other hand, if a home is not listed this way, a seller typically isn’t required to make concessions or repairs.   For sellers that have leverage by attracting lots of buyers and multiple offers, selling a home “AS IS” is often enough a by-product of market conditions.

In the suburbs north of Boston, most of the homes we sell are older and often need some sort of work.  Every situation is unique, so contact us to discuss your specific situation! 

North of Boston Real Estate Market Update February 2023

 Welcome to our monthly market update! We're taking a look at single-family homes sold in the North of Boston Market specifically Middlesex and Essex counties and comparing January of 2023 to January of 2022. The total number of active properties increased by about 11%. However, the total number of homes sold decreased by about 34%. Days on [...]

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