RE/MAX Advantage I



Posted by RE/MAX Advantage I on 9/24/2020

 Photo by Juhasz Imre from Pexels

Major corporations can change nearly everything about their surrounding areas and their effect on residential real estate can be truly substantial. The concentration of wealth in areas like Silicon Valley and Seattle has influenced even the most basic properties, causing otherwise unremarkable homes to be worth over a million dollars based on their location alone. We'll look at the patterns of residential real estate from the past and the predictions of the future. 

The Boom & Cool 

Much like the stock market, there's a flurry of activity in the real estate market when anticipation is in the air. Just the announcements that Amazon's HQ2 would be in Long Island City caused a major influx in properties both in and around the area. But the long-term effects for real estate aren't quite as extreme. 

Once Amazon switched their allegiance to Arlington, the value of the Long Island City cooled back down to its original levels. Even in the D.C. area, the effects have been moderate. After a year, Arlington saw some increases in value for homes near the future campus, but its mid-2030s arrival is causing some degree of hesitation for owners and developers. 

The Steady Rise 

The areas that see a steady climb are typically those that bring in a stream of businesses. These cities and towns attract diverse populations who contribute their talents and create a personality that others want to be a part of. Los Angeles made headlines for becoming its own haven for tech talent, creating the so-called Silicon Beach that spans through Santa Monica, Hermosa and Venice.

Google, YouTube, Snap, Inc. and Hulu are just a few corporations with offices in Silicon Beach. With San Francisco pricing even successful companies out of the market, the demand for luxury real estate in the LA area has increased due to the influx of well-paid engineers, developers and leaders. 

A single industry, such as oil or tech, can quickly raise the average salary to epic proportions. In Gillette, WY, a city dominated by fossil fuels, the average cost of a home increased from $236,978 to $272,100 over the course of just 7 years. So while Arlington may not have seen the immediate jump they were looking for, it may only be a matter of time. 

You can see prices being pushed up all over the country due to corporate investment. From Boston to Miami, it starts with the areas directly surrounding the area of the business before being pushed out to the suburbs and beyond. 





Posted by RE/MAX Advantage I on 9/24/2020

This Mobile Home in Webster, MA recently sold for $72,000. This style home was sold by - RE/MAX Advantage I.


8 Holly Lane, Webster, MA 01570

Mobile Home

$78,500
Price
$72,000
Sale Price

4
Rooms
2
Beds
1
Baths
Totally renovated in past year : new flooring, new Anderson windows, new appliances, new bathroom, new ceilings, new electrical, new rubber roof, new plumbing, new skirting, new kitchen cabinets,counters and sink. Walls have been insulated. Walls have tongue and groove pine board(shiplap) ,new hot water heater, and freshly painted exterior. New stairs and trim on rear porch.Shed is perfect for a workshop and includes a drill press, grinder, and vice. Park fee is $375 monthly and water/sewer average $75 per quarter (owners responsibility). Level yard which is private and has 2 parking spaces. Easy highway access to Rtes 395, 20, Ma. Pike, 12, and 146.






Tags: Real estate   Mobile Home   01570   Webster  
Categories: Sold Homes  


Posted by RE/MAX Advantage I on 9/23/2020


645 Chandler Street, Worcester, MA 01602

Tatnuck

Commercial

$600
Price

1
Buildings
Office
Type of Comm.
BE IN THE MIDDLE OF IT ALL! Located in the Heart of Tatnuck Sq. with all the energy and new growth happening in this area with shops, restaurants and cafe's as well as one of the top housing markets in the Country! This location offers a very walkable business area that is surrounded by many national franchises as well as many successful, locally owned and operated restaurants, cafe's and retail shops. Easily accessible by car or bus, 1 mile from Worcester State University, close to Worcester Regional Airport and the industrial park, a great location for your office. Accountant, attorney, mortgage, satellite office just to name a few. Approx. 450 sq. ft of space, a spacious receptionist/meeting area, a large office, an oversized storage/IT room all with big windows for plenty of natural light. Electric, heating and cooling included in the rent, off street parking as well as over 20 on-street parking spaces. Really, where else can you go and be in such a vibrant location.
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Categories: New Homes  


Posted by RE/MAX Advantage I on 9/23/2020


3 Dogwood Rd S, Hubbardston, MA 01452

Single-Family

$285,000
Price

8
Rooms
3
Beds
2
Baths
LOOKING TO "ESCAPE" TO THE COUNTRY? Young Split level home offering "LOTS OF BANG FOR YOUR BUCK" OPEN FEEL laminate LR allows LOADS of sunshine in/great picture window, DR has slider to PRIVATE rear deck over looking an entertaining back yard wth very own bocce court~patio for your fire pit~above ground pool & swing set can stay~shed ( currently chicken coop). Load of cabinets in the fully applianced Country Kitchen! Oversized Master BR, add'tnl BR's all ample closet space. Full bath. Lower Level BONUS family room, guest/office & 3/4 tiled bath! Bordered by mature trees for privacy a gently sloped 1.84 acre lot is MINUTES TO RT 2, SHOPPING & AROUND THE CORNER TO RECREATIONAL COMET POND, MT JEFFERSON & MALONE RD CONSERVATION W/TRAILS & MORE. Low maintenance vinyl sided, paved drive. 1st showings to begin Saturday 9-26 OPEN HOUSE from 10am-12pm. Masks & hand sanitizer please.
Open House
No scheduled Open Houses

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Categories: New Homes  


Posted by RE/MAX Advantage I on 9/23/2020


70 Angell Brook Drive, West Boylston, MA 01583

Condo

$359,900
Price

6
Rooms
3
Beds
3
Baths
HIGHY SOUGHT AFTER RE-SALE AT ANGELL BROOK VILLAGE. Beautiful , open concept, move-in ready unit awaits you. 3 bedrooms, 2 of which are on the main floor, 3 full baths, 2 feature walk-in showers & they all have ceramic tiled floors and solid surface counters. The main floor is open and features a big, cabinet & appliance packed kitchen as well as a center island and separate dining area which opens to the living room. Here you will enjoy a vaulted ceiling, lots of natural light, hardwood floors, skylight with remote for sun blocking shade, french doors out to the deck and remote controlled ceiling fan. The master suite boasts a very generous walk-in closet as well as an oversized master bath w/ a walk-in shower. Work from home? No problem. Set-up your computer in the loft overlooking the living room, 2 ceiling fans, as well as a heating and cooling system booster to keep you evenly cooled and warm. Perennial gardens off the deck, generous 1 car gar. & easy access to 190, 290 & 12.
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Tags: Real estate   Condo   01583   West Boylston  
Categories: New Homes  




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