Home Buying in Natick>Question Details

Mj, Both Buyer and Seller in 01581

Buying a home east of Framingham

Asked by Mj, 01581 Mon Jun 30, 2008

My family has been looking to purchase a single family in Framingham (we currently own a town house). We've been looking for a few months now and everything we've liked has been pretty interior in Framingham. Growing up in a city like environment, we're also feeling that we should take a chance and move closer to Boston i.e. anything east of Framingham and less suburban like in the interior parts of Framingham. Our budget for a single family is about 375-400. Based on some initial research, I don't think our budget is going to get us anything much east of Framingham. Any thoughts on neighborhoods we should keep in mind that might fit our budget? The other option we are open to is getting a two family and extending our budget closer to the 450-475 range. Any input would be appreciated.
Thanks.

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It seems to me that Natick would be your best bet. You can get closer to Boston and stay in your price range. Plus, Natick is a very pleasant family-oriented town that I imagine you would like better than Framingham (plus it has better schools). Other nice towns, such as Needham, Wellesley, or Westwood, would be well out of that price range.
0 votes Thank Flag Link Wed Jul 16, 2008
Jim,

Two areas come to mind, Natick and West Roxbury. Both areas have homes in your price range, offer a location closer to Boston, and have some form of public transportation. Unfortnately, most of the other towns east of Framingham do not offer much choice under $400K for a single family home.

Feel free to browse MLS which is available on my website or call me with any specific questions you may have.
Web Reference: http://www.JohnPrescott.net
0 votes Thank Flag Link Wed Jul 9, 2008
My suggestion would be to not extend yourself if you don't have to ... Unless you have had experience being a landlord and can find a deal that is a no-brainer in terms of breaking even, it probably isn't worth the financial and emotional headache.
Your budget can actually take you pretty far it just depends on how much space you need ... i.e, what is your bedroom criteria, etc. The closer you get to Boston the more valuable the house ... This is true in any metropolitan city so I think it is definitely worth considering. The downside is usually the closer you get to boston the less space you get for the money, but if your are diligent in your search you will likely find the perfect balance.

Here are a few examples for needham, arlington, waltham and watertown (all east, some a little north and south):
http://www.territoryre.com/idx/listings/70770065/details.html

http://www.territoryre.com/idx/listings/70780290/details.html

http://www.territoryre.com/idx/listings/70784740/details.html

http://www.territoryre.com/idx/listings/70776107/details.html

http://www.territoryre.com/idx/listings/70758202/details.html

http://www.territoryre.com/idx/listings/70733269/details.html

Hope that helps give you an idea. If you post your criteria we might be able to help you better. Good luck!
0 votes Thank Flag Link Tue Jul 1, 2008
Jm: I believe I can possibly help. I currently own a 2 family in the Highlands area of Lowell that I definetly wish to sell. I live in TN and cannot maintain effective property managment obviously. It sits on one half acre which is a huge lot size for Lowell. Close to everything,... and in your price range! Please contact me for more detailed information. Tina@tinaevans.net
Tina Evans, Principal Broker
Web Reference: http://www.tinaevans.net
0 votes Thank Flag Link Tue Jul 1, 2008
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