Posts Tagged ‘Boston Real Estate’

87 High Street #1

Tuesday, April 15th, 2014

Quintessential Victorian Parlor Home

A private entry welcomes you to this charming 872 square foot two bedroom Victorian home. The home’s double parlor floor plan features high ceilings and light from front and back. Pocket doors lead to the formal dining room with space for eight to dine with antique China built-ins, and pine floors. Next to the formal dining room, the living room features: pine floors, walnut fireplace, and high ceilings.

The recently renovated kitchen features: custom cabinetry, stainless appliances, granite counter-tops with room forstool seating, gas cooking, and direct access to private deck.

Centrally located on High Street with an easy walk to The Monument or Main Street. This home includes: in-unit washer/dryer, basement storage, pet friendly association, re-sealed basement walls, spectacular views of the city, gas heating system, and a hot water tank.

Offered at $479,000 with a condo fee of $135/month, the building is making plans for a repair of the roof and roof deck sometime in the next 3-5 years.

For more on this property please visit our website. To get in contact with the agent, ask for Betsy Herald at 617-236-0353 or betsyhearld@realtor.com.

The Final Walk-Through

Monday, April 7th, 2014

What to Know Before Closing

photo via Zillow

The final walk-through is one of the most crucial parts of the home buying/selling process because it’s the final inspection to see if everything is agreeable before closing. This is generally done a few days prior to closing and it is important to note that this isn’t a home inspection. All agreed upon repairs should be completed by the final walk-through, so this is the buyers chance to see if everything in the contract is complete. Buyers should always attend a final walk-through to make sure what they’re buying is what they were sold on. Here’s some things to consider on the final walk-though:

Bring the contract: Bring the contract to make sure there is a list of terms agreed upon by both parties this way there is a reference for any disputes.

Check everything, and I mean everything: Make sure to check every little thing no matter how small. Make sure the appliances, heat, and toilets are working. Check the walls, ceilings, and floors for any damage. Lastly, make a checklist so you remember to check each item.

Make sure all agreed upon repairs are made: Another reason why bringing the contract and checking everything is important. All repairs that were agreed upon should be made prior to closing.

Nothing should be removed that isn’t supposed to: Look to make sure the seller hasn’t taken anything they shouldn’t have such as: plants, lighting fixtures, or anything else.

Hopefully the final walk-through will be accomplished without any problems, but what if there is something wrong? If there’s something wrong, tell your Realtor® and they will get it cleared up before the closing.

For questions or comments please comment on our Facebook, and to get in contact with one of our Realtors® please visit our website.

Sources:
Zillow
Realtor.com
Fox Business

What to Know When Investing in Properties

Monday, March 31st, 2014

photo via mustknowinvesting.com

Real estate is one of the best investments someone can make today, especially in Boston. Boston is predicted to have one of the hottest housing markets in 2014 and has a 3.6% capitalization rate according to Forbes. Real estate prices are expected to rise across the country, so now is better than ever to buy or invest.

Here are some tips and things to know when investing in properties:

Know the right location: Always investigate the location of a potential investment. Buying in areas of high rent and low supply of properties is the ideal situation for an investor. Buying the worst property in the best location is a better investment than buying the best house in the worst location. There will be a greater reward having a property you can fix up rather than a finish property in a neighborhood that needs to be renovated.

Have the money lined up: It is important to have at least six months of mortgage payments saved up, prior to buying a first investment property. If you decide to rent out your property having the money to pay the mortgage for a couple of months will help while looking for a tenant. Having money saved up also makes dealing with future renovations and repairs easier.

Work with someone experienced in investment properties: When buying your first investment property it’s always a good idea to work with someone that has years of investment property experience. That could be anyone from a real estate agent to an experienced investor.

Know the investment expenses: Aside from the mortgage and occasional repairs there are additional potential expenses depending or the property including:

  • Water/sewer
  • Garbage
  • Utilities
  • Legal fees
  • Fuel
  • Scheduled maintenance
  • Capital improvements

Good bookkeeping is necessary: Easy paperwork is not included when investing in properties so you must decide if you can do the paperwork or if you should hire someone else. Decide if your bookkeeping abilities are good enough, if not you’ll need to budget for a professional.

Don’t quit your day job just yet: Don’t assume that you’ll be able to make a living off of investing in properties. Also don’t assume you’ll be successful at first. Wait to quit your day job until you are confident you’ll be able to make a living off of this.

Learn the lingo: Like any profession, learn the lingo to avoid looking like you don’t know what you’re talking about.

Have an exit strategy: Always have a plan and an idea where you want to end. Even before buying a property plan everything out. Having multiple plans is even wiser and safer than having one. You never know what to expect when investing in real estate so always be prepared.

Sources:
Investopedia
realestate.com
realestateinyourtwenties.com

What’s a Loft?

Monday, March 17th, 2014

An example of the loft layout.

Lofts have become increasingly popular over the past few years due to their distinct appeal to certain buyers and renters. But what makes a loft? What’s the difference between a loft and an apartment? Or a loft and a studio?

Originally, lofts were cheap places for impoverished artist to live and work. Lofts originated in New York City after World War II where artists used abandoned infrastructures to begin developing these living spaces. Not only are lofts used as a living space, but they often function as a work spaces as well.

Lofts reuse and adapt abandoned spaces, often bringing residences and art to unused urban areas. One of the major benefits that lofts present to owners is the ability to be flexible with arranging the living space. Due to the open space concept there are few limitations to the feng shui of a loft’s furniture.

Difference Between a Loft and Apartment: Some believe that lofts are just unfinished apartments, but they’re more than that. While apartments allow for separation with defined rooms, lofts make the most out of the open space layout.

Difference between a Loft and Studio: Lofts and studios both fall under the same open space living concept, yet lofts offer more space than cozy studios. In addition to the size difference there are structural contrasts that differentiate the two. A final distinction between the two is the cost, lofts are generally more expensive than studios.

For more information on lofts, or to see available lofts at The Charles Realty please visit our website or Facebook page.

Sources:
Difference Between Loft & Studio
Difference Between Loft & Apartment

Best Real Estate Apps

Monday, February 24th, 2014

Today’s world is a digital world, and as a result of that is a shift from paper to smart phones. Because of the shift in times, companies including real estate companies are becoming digital. Any successful real estate company today has an app for your smart phone. It’s becoming more and more popular to see people at open houses on their iPhone or Android looking at various apps to figuring out information crucial to buying a home. The best real estate apps allow consumers to view nearby amenities, calculate their mortgage, and more. Here’s a list of some of the best real estate apps:

Trulia:

Available for iPhone, iPads, and Androids, this app is great for both renters and buyers. Trulia allows you to view any nearby amenity including, schools, gyms, and stores. The app also displays flood zones and crime rates. Trulia is very user friendly and allows the user to search homes from any type of search including price range and date built. When ready to buy users can search for current or upcoming open houses, and even get in contact with a real estate agent.

Lovely:

Available for iPhone and iPads. This modern design real estate app is easy to use for viewing nearby stores and amenities. This app has features such as saving a home, searching for pet friendly homes, and high definition photos that makes it a great app when house hunting.

Homesnap:

Available for iPhone, iPads, and Androids. This app is a very cool app to have, especially if you’re unsure of a home’s address. Take a photo of a home and Homesnap will know what home it is and will give the user the house’s information. This app is the Shazam of the real estate apps.

Zillow:

Available for iPhone, iPads, and Androids. Zillow’s app was awarded the Best “Search Tools” App of the Year, Appy Awards 2013. The app allows you to search millions of homes and rentals across the country. Zillow also has a “Zestimate” feature that gives users estimates on homes and rental prices. This app gives users the option to track homes, and send homes via Facebook and email.

Be sure to let us know your favorite spots on real estate apps by commenting on our Facebook! For more information on real estate apps, feel free to message our Rental Agents directly at our rentals Facebook page, Charles Rentals.

Sources:
The Street
Trulia
Lovely
Homesnap
Zillow

Reasons to Invest in Boston

Monday, January 27th, 2014

One of America’s most historic city, Boston, continues to see its real estate flourish in today’s market.  Boston, home to students and professional alike sees a combination of young and older homebuyers. This city never fails to prosper as it is a key innovator in numerous fields including finance, technology, and medical.

Although “The Beantown” has one of the highest costs of living expenses in the country, it still ranks high on world livability ranking. The high costs may cause caution to some, but it many don’t realize the great investment opportunity the city of Boston presents. Our agents at The Charles Realty have come up with some reasons to invest in Boston, take a look at the list:

  • #10 for predicted housing market in 2014.
  • #6 healthiest market at a Market Health Index of 7.43.
  • #1 metro area where renters should buy.
  • #1 coziest city in America.
  • #1 smartest city in America.

With Boston’s high rankings, “The Town” also provides additional statistics and reasons to invest in Boston including:

  • Universities and hospitals provide as stable influx.
  • Boston vacancy rate is hovering near or under 3%.
  • 3.6% capitalization rate.
  • Boston rents in 2013 increased 5.5%.

Invest in Boston real estate before it’s too late! For more information on why you should invest in Boston, feel free to message us on Facebook or contact us at 617-236-0353.

Sources:

Zillow

MSN Real Estate

Huffington Post

Forbes

WBUR

For Rent: Gorgeous Studio Loft in the Heart of Back Bay

Friday, November 1st, 2013

By: Maria Vivas

It’s never too early to make plans for the upcoming year. If you are looking to make the Back Bay your home in January, this refined studio apartment is perfect for you.

This completely renovated loft does not sacrifice any of the quintessential Brownstone elegance. With crown moldings, classic trims, gleaming hardwood floors, and custom built-ins, this home is the definition of classic Back Bay style. Additional stand-out features include stainless steel appliances, oversized walk-in closet and chandelier lighting. The home comes completely furnished to ease the stress of moving into your new place.

The well-kept building features laundry and elevator access that make for easy living in one of Boston’s most coveted locations. Located at 105 Beacon Street, this home is merely steps away from the Public Gardens, Copley Square, and all that Newbury street has to offer.

If you want to see this home in person, feel free to contact one of our expert rental agents to schedule a showing here.

Annette Given makes Top 10 Realtor for June 2013

Tuesday, August 27th, 2013

This summer has been a record-breaking season for everyone here at the Charles Realty.  Our Principal Broker, Annette Given brought in $5,815,000 in closed residential sales for this past June.  Our luxury boutique agency has made a mark on the real estate market in Boston Proper and beyond.  After working in the business for 33 years, she has been able to lead a successful team that has paved the way in Boston real estate.

Boston Top 20 Realtors is an organization that aspires to recognize the hardwork of successful realtors in the Metro Boston area and in surrounding suburbs.  The realtors total sales volumes are collected by a third party, which are then compiled into the top 20 highest grossing realtors.   The following is the goal for the Boston Top 20 organization:

“to celebrate the hard work of local agents by featuring them in a consolidated online resource for consumers, allowing them higher visibility while providing consumers a more personal introduction to talented agents in the Metro Boston area.”

We are grateful that a reputable organization, such as the Boston Top 20, exists to recognize hardworking realtors at the current state of the market.

To stay updated on monthly realtor rankings, follow the Boston Top 20 website here!

To learn more about Annette Given, her accomplishments, and the best way to touch base with her, check out her full biography on our website!

For Rent: Gorgeous One Bedroom Overlooking Commonwealth Avenue

Thursday, August 8th, 2013

Even though September is around the corner, we still have apartments available for September 1st. Check out this exclusive rental listing on one of Boston’s most coveted streets.

This 1 bedroom, 1 bathroom home offers all of the necessary amenities for a city-dweller. The frontward facing living room boasts hardwood floors, oversized bay windows, working fireplace, and custom built-ins all enclosed in French doors.  Adjacent is the recently renovated chef’s kitchen that features gas stove, stainless steel appliances, marble backsplash, and skylight for added natural light. There is no shortage of storage space with custom built-ins throughout the home. The master bedroom is no exception. With elevator access, laundry in the building, and easy accessibility to the best of Back Bay, this is your opportunity to rent!


For more pictures, check out our Pinterest board here!

For showings, feel free to schedule an appointment with one of our stellar rental agents over here!

Boston vs. Cambridge

Tuesday, July 16th, 2013

According to Boston.com, Cambridge beat out Boston for the #1 spot on their countdown of the best Massachusetts spots to call home.  Here is our rundown of Cambridge versus Boston.

Cambridge

Versatility. Whether you’re in the city everyday or commuting out to the suburbs, the location offers easy accessibility to public transportation and major driving routes. You can have all the perks of being a city-dweller without the hustle and bustle of Boston. On top of it all, you have the most distinct dining options and some of the best school systems right at your fingertips.

Boston

Nothing beats living in Massachusetts’s largest city. There is a distinct neighborhood for all walks of life (and all budgets) from the up-and-coming South End to the college slums of Allston. Indulge in each neighborhood flavor with endless transportation possibilities. Ranking in the lowest third amongst all Massachusetts communities, the city just falls short of the #1 spot because of the Boston public school system.

Check out what other Massachusetts places made the Top 25 here.