In a red-hot Massachusetts real estate market, the median sales price for a single-family home has hit $525,000.
MetroWest and Milford are following that trend.
In Framingham, the median home price has risen nearly 15%, from $470,000 in the first five months of the year in 2020 to $540,000 at the same point this year, while the median price of a home in Marlborough has increased 13.6%, from $405,000 to $460,000. In Milford, the numbers are slightly more tame. The median sales price has risen 10.3%, from $390,000 to $430,000, in the past year, according to The Warren Group, a leading provider of real estate and transaction data.
So, what do you get for close to the median sales price in those three communities? Here’s a look.
An inviting, open concept on Framingham’s Claudette Circle
Ample natural light, an expansive full basement and central air conditioning are some of the highlights of the ranch home on the market at 41 Claudette Circle. The home is on the market for $549,900 and has received significant interest since being put up for sale late last month, said Realtor Debbie Chase.
The previous owner had lived in the home for 40 years and raised six children. The four-bedroom, two-bath home, which sits on slightly more than half an acre, can easily accommodate a large family. Chase said it would be ideal for families because there are several rooms and areas in which to work privately.
The yard is also backed by tall canopies of trees, said Chase.
“The perfect buyer would be someone with a larger family,” she said. “… A lot of buyers want to feel they’re getting a decent piece of land.”
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Older adults will also love the home, which Chase described as an affordable alternative to more expensive over-55 housing.
“Ranches are great for older people who can age in place,” she said.
The farmer’s porch invites prospective buyers into the home, which features a sunny first-floor family room.
“The home has a lot of natural light,” said Chase.
The master bedroom features a full bathroom with a walk-in shower. The refurbished kitchen features a deck that the previous owners used as a breakfast nook. Central air and hardwood floors are other highlights, said Chase.
A main selling point is the approximately 1,000-square-foot partially finished walkout basement featuring a third full bathroom, bedroom and laundry.
A home for entertaining on Milford’s East Street Extension
Stepping foot into the sunken living room of the three-bedroom ranch at 67 East Street Ext., Ted DePaolo envisions family members and friends gathered around the fireplace during the Christmas season.
“The layout is unbelievable,” said DePaolo, the real estate agent selling the home.
DePaolo said the home’s two decks — one off the living room and another facing the backyard — are ideal for entertaining or enjoying a quiet evening.
The house, which is freshly painted, was originally constructed by a local builder for his family. The three-bedroom, two-bath ranch covers almost 2,000 square feet and sells for $449,900.
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“The home was built very, very well,” said DePaolo.
DePaolo said the home has enough space for a young family to grow. The master bedroom is spacious and features a private bathroom.
“The layout is unbelievable,” he said. “A lot of people say it flows well and you get a lot of bang for your buck.”
The basement includes a 12-foot wet bar, workshop, family room and play area.
Central air and free electricity from the solar panels on the back roof are additional selling points, said DePaolo.
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Several children live in the neighborhood, which is a selling point for young families. There has been significant interest in the home since it was put on the market recently.
“It’s a beautiful home,” he said.
A rebuilt gem on Williams Street in Marlborough
A short time ago, the home at 80 Williams St. in Marlborough was in very poor condition. A local builder purchased the home six months ago, took it down to the studs and completely redesigned and rebuilt it, said Realtor Rich Anzalone.
“You’re going to think you’re in a brand-new house,” he said.
The three-bedroom, two-bath home is on the market for $460,000 and features high-end finishes and amenities. The remodeled kitchen has new white cabinets and stainless steel appliances, and a lot of natural light. The kitchen includes a breakfast bar, tile back-splash and granite countertops.
“I love the kitchen,” said Anzalone.
At 1,350 square feet, the home is not particularly large, Anzalone said, but features a spacious living room with crown molding and hardwood floors. The first floor also includes a half-bath with laundry.
An oak stairway leads upstairs to three bedrooms and a large full bathroom with a tiled shower and glass door. Central air conditioning will come in handy during heat waves in the summer, said Anzalone.
Situated on slightly more than a half-acre, the home is close to downtown Marlborough, Rte. 20 and Interstate 495.
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Set back off Williams Street, the home and its ample backyard would be ideal for a young professional family, particularly one with pets, looking to call MetroWest home.
“The yard is perfect for a couple big dogs to run around,” said Anzalone.
Jeff Malachowski can be reached at 508-490-7466 or [email protected] Follow him on Twitter @JmalachowskiMW.