Home Buying in Medford>Question Details

yiwen.gao0724, Home Buyer in Boston, MA

is it true that most people don't like loft?

Asked by yiwen.gao0724, Boston, MA Thu Aug 1, 2013

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I have several clients that are exclusively looking at lofts .. but all in all they are a fraction of the market in Cambridge and Somerville.

Lofts offer open space and usually the ability to customize the layout based on the owners needs. The loft at 147 Sherman Street in Cambridge was an open 1,100 sq ft with just a kitchen. There were talks of all sorts of new layouts for the property at the open house.
Web Reference: http://www.147Sherman.com
0 votes Thank Flag Link Tue Sep 10, 2013
It depends on the reason for your question

Is it a property you own?

Is it a property you want to buy?

Does it presently have a loft?

Do you want to add a loft?

The property location and its market competition?
0 votes Thank Flag Link Thu Aug 1, 2013
Not necessarily although it is a specific aesthetic so that can shrink the pool of buyer's.

There are certain areas of the city and suburbs that have more lofts and they do very well at resale.

Hope that helps!

Territory Real Estate
Massachusetts Destination for Home Buyer's
617 848 5407 ext 704
Web Reference: http://territory.com
0 votes Thank Flag Link Thu Aug 1, 2013
Not necessarily although it is a specific aesthetic so that can shrink the pool of buyer's.

There are certain areas of the city and suburbs that have more lofts and they do very well at resale.

Hope that helps!

Territory Real Estate
Massachusetts Destination for Home Buyer's
617 848 5407 ext 704
Web Reference: http://territory.com
0 votes Thank Flag Link Thu Aug 1, 2013
In my market the community of Lowell has The Historic District which is riddled with lofts. The Lowell Lofts can be quite stylish and very desirable for some and a turn off for others. There are specific buyers looking for these lofts. Not only does it create a highly stylistic living space it provides a lifestyle due to its proximity to shopping, dining and art events.

Many of the lofts do not provide separate rooms and can be a turn off for many buyers. But on the other hand there are certain buyers who only want a loft!
0 votes Thank Flag Link Thu Aug 1, 2013
In a study by the Middle New Jersey Farmer's College; they found that 68% of the participants did not like a LOFT.

Were you part of the study?
0 votes Thank Flag Link Thu Aug 1, 2013
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