Home Buying in Newton>Question Details

Dlbelin, Renter in Gaithersburg, MD

Moving to the Boston western suburbs and looking at Lexington and Newton - looking for input

Asked by Dlbelin, Gaithersburg, MD Mon Feb 4, 2013

My family is moving to the Boston suburbs and are looking for a home in reasonable commuting distance from the MIT area. Is there a major difference between Newton and Lexington? Seems like Newton is a little more accessible and priced accordingly. Seems like you can get more house for your money in Lexington. Any local perspectives would be welcomed.

Thanks

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Shane Engel’s answer
There are other communities that are just as accessible to the MIT area, but are much more reasonable in terms of cost. Both Newton and Lexington are great, but very pricey. (If your goal is a more "prestigious" address, either of these towns will offer you that. If that is not what you are looking for but still offer great accessibility/ community, you might consider towns such as West Medford, Arlington, etc.)
0 votes Thank Flag Link Mon Mar 18, 2013
Both towns are great, but it will be all about the location, condition and price. I think you are on the right track by narrowing it down to these two town. You should definitely spend sometime touring these two towns, go to local shops stores and meet local people. The feeling of these two town is not the same, and you will be the one who can tell, which is right for you.
0 votes Thank Flag Link Tue Mar 12, 2013
I have several rental properties available for you if you decide to go that route. I'm based in Newton.
617-340-3986
0 votes Thank Flag Link Tue Feb 5, 2013
One very cool thing about Newton is that, similar to some classic cities in Europe, it's organized into neighborhoods, each with its own distinct feel, and most with their own commercial centers.

There is also a wide variety of price ranges so, while the average price in Newton may be higher than in Lexington (which is plenty high), there will likely be some homes available at a similar or lower price than in Lexington.

Another perk is if you buy in the Newton North High School district, your children will be in a $190M facility, completed just a couple of years ago.

Lexington is an equally beautiful town, with perhaps a little more cohesive and suburban feel, overall, than Newton.

As others have mentioned, there are many great cities and towns in the Boston Metro area with a reasonable commute to the MIT area, by car or by public transportation.

Renting in the short term is an excellent way to go. You'll find out much more about which community best fits your particular needs.

Best of luck, and welcome to Massachusetts!
0 votes Thank Flag Link Tue Feb 5, 2013
Thanks everybody for your input - as with all house buying we are weighing the trade offs of proximity to work and size and price of house. We'd like a good size house (with a yard) at a good price but not be too far from work. We will be renting for the short term as we get to know the region.

Thanks,
Dan
0 votes Thank Flag Link Mon Feb 4, 2013
Hello there.
Both of these towns are beautiful and comparable in terms of school ratings, demographics, land value, etc. Belmont is another town worth looking at, with superb accessibility to MIT.
I've worked in this area for many years and specialize in relocation. Please reach out for a tour of these towns so that you can get a better feel.
Masha
617-340-3986
0 votes Thank Flag Link Mon Feb 4, 2013
Short and sweet, here is what to expect: Low inventory and very high demand.

Both areas are FANTASTIC places to live. Incredible school districts and downtown's with tons of amenities and charm. Your commute from Newton will be quickest in West Newton and Newtonville and Lexington within 128.

If you are considering Newton, you may also want to consider Brookline (especially areas such as coolidge corner and chestnut hill) as the commute is equidistant to MIT and the schools in Brookline are also top notch (plus access to downtown Boston is easy, nice bonus). Two other areas to seriously consider is Arlington and Belmont. Arlington you get more bang for your buck, great schools and close commute to MIT (same side of town as Lexington but closer to MIT) and Belmont (more expensive) also close MIT (shorter than Lexington).

Given how competitive the market is in all of these areas over this last 6 months, my office is predicting sales to be up 5% this winter and maybe as much as 15% once the spring market hits. This is important for you as a buyer to know in advance in terms of setting expectations. When you see places you like chances are you will need to act fast so best to come into the market fully prepared (pre approval in hand, finances in order and flexibility to move ready).

All below is every listing on the market in each town displayed on a map so you can see the distance to Cambridge:

Newton:
http://www.territory.com/search?search_string=NEWTON&min…

Brookline:
http://www.territory.com/search?search_string=BROOKLINE&…

Lexington:
http://www.territory.com/search?search_string=LEXINGTON&…

Arlington:
http://www.territory.com/search?search_string=ARLINGTON&…

Belmont:
http://www.territory.com/search?search_string=BELMONT&mi…

Feel free to call us anytime for exclusive buy-side advice. Helping home buyer's is what we do, it's ALL we do.

Territory Real Estate
Massachusetts Premier Buyer Brokerage
617 848 5407 x701
Web Reference: http://territory.com/
0 votes Thank Flag Link Mon Feb 4, 2013
Both communities are excellent choices. I've had many clients who even in a buyer's market were looking at both so to make a final choice based on a complete set of requirements. Now, that the inventory is lower that it's been in years I would not limit myself to one town, unless the money is no object.
Web Reference: Http://mybestrealestate.com
0 votes Thank Flag Link Mon Feb 4, 2013
Would you be able to share your price range and housing wants and needs? I would be happy to send you listings in each town if you want to compare. Generally, the further West you go from Boston, the more house you can buy for the dollar. If both of these areas are too high for your liking, consider Natick, Wayland, or other Metro West towns. Let me know if I can be of help.

Lynne Hagopian
508 648-0393
LHagopian@hammondre.com
0 votes Thank Flag Link Mon Feb 4, 2013
You probably are correct in your assumption. Are you looking for schools? Of not consider being closer to campus in Somerville or Cambridge.
0 votes Thank Flag Link Mon Feb 4, 2013
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