Home Buying in Concord>Question Details

Supr, Home Buyer in Massachusetts

How is Concord, MA area compared to Waltham/Natick?

Asked by Supr, Massachusetts Fri May 23, 2008

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Supr,

I think it depends what you are looking for. In absolute terms, I would say that Concord is the more desirable town. Same answer if you are looking for a home based on quality of education.

But, if your kids are not ready for high school, you can find areas of the other two that have great elementary schools, and you will pay significantly less in taxes. Both Natick and Waltham have strong business communities that shell out a large portion of the city/town budgets. Also, depending where in Waltham you are talking about, the commute to downtown Boston is a little easier than Concord, as you can just jump on the Mass Pike rather than go Rt. 2 to Sturrow Drive. Also, I believe you can get the same size house in Waltham or Natick as you could in Concord for significantly less.

But, as I said, in absolute terms, Concord is considered the more desirable community.
0 votes Thank Flag Link Tue May 27, 2008
D,

I think that is a popular misperception of Waltham. While Waltham does have Moody Street, and is close to Watertown and Cambridge, it also have some very popular residential neighborhoods. Also, all Waltham elementary schools have been rebuilt in the last few years, with the last one, the Fitzgerald, scheduled to open next year. As they go through this process, the schools neighborhoods and schools have received very good reviewes (top ten elementary schools by Boston Magazine, and top ten streets by Boston Magazine). I looked at Waltham at one point, and was surprised at the amount of people from Newton and Belmont that were looking for houses in Waltham to start a family. Take a look at the Warrendale neighborhood on the Belmont border, and the neighborhoods near Bentley off of Forest Street.
1 vote Thank Flag Link Mon Jun 2, 2008
I lived in Waltham for 7 years. Waltham is a college town (Brandeis and Bentley), strongly blue-collar, with a funky downtown which features a nice mix of restaurants and movie theater that shows foreign and independent films. You will find smaller lots, lots of post-WWII homes. Concord schools and real estate values are stronger, and Concord has some lovely historic houses. Natick has grown increasingly upscale. All three communities are on the commuter rail.
1 vote Thank Flag Link Mon May 26, 2008
The absorption rate in Concord seems to indicate supply is almost equal to demand at about 4 or 5 months worth of inventory. Concord is an upscale and expensive community for sure, however, if affordability is an issue, and if you are young and adventurous, you may want to try for a multi-family in the West Concord area. There is an amazing re-vitalization plan going on there. The down-town area will be fabulous when it's completed. The older 2 family homes in West Concord may need a little work and upgrading but it would be worth the investment since prices have only declined, on average, about 15% Homes are still selling in Concord and values seem to have held pretty steady there. A 2-family in West Concord could be rented out for extra income to significantly off-set the mortgage. West Concord has it all for a renter - minutes walk to the commuter train to Boston, shopping and restaurants, as well as being part of a terrific family-oriented community. I know sharing a house is a lot to ask, but it could be considered a wealth-building process where sacrificing a little now means a lot more for the future. If you manage it well, you could eventually own the house and you'll always have the extra income coming in.
0 votes Thank Flag Link Wed Aug 25, 2010
For families: first choice Concord, second choice Natick. For couples/singles: head to Waltham b/c of the restaurants and proximity to Watertwon and Cambridge- other funky downtowns.
0 votes Thank Flag Link Fri May 30, 2008
Thank you Everyone!!!!!!!!!!!
0 votes Thank Flag Link Thu May 29, 2008
You should know that Concord suffers from aircraft noise from Hanscon AF base.
0 votes Thank Flag Link Fri May 23, 2008
In my opinion, Concord wins hands down. Actually, if I could choose any town in MA to own a home, it would be Concord!
0 votes Thank Flag Link Fri May 23, 2008
Concord would be considered a more desirable community in my opinion. I would rank them (1) Concord, (2) Natick and (3) Waltham. You may get conflicting opinions. but as an appraiser and a real estate agent, I am considering property values, schools, amenities, etc... But it all depends on what you're looking for. If I won the lottery and had to pick one of these three towns to settle down in, I'm moving to Concord. Let's see what others say....
0 votes Thank Flag Link Fri May 23, 2008
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