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Home Buying in Wayland : Real Estate Advice

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  • Local Info14
  • Home Buying2
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Activity 3
Wed Jun 20, 2012
Marilyn Messenger answered:
Incomes and housing prices vary in Wayland - the highest percentage of households earn between 75K and 99K but many of those homeowners who bought years ago would probably not be able to afford a home in Wayland today. Housing prices range from 189K to 14 million - the median price is $772,000; and houses on the lower end are either small, on busy roads, need work (which also costs), or all three.

The amount you are qualified to borrow depends on a number of factors - your credit, down payment, employment history as well as income. The first step is to contact a mortgage broker to discuss what you can afford, then you can decide which town will make sense for you. Interest rates are low and housing prices are going up, so now is the time to buy if you can!

I sell in Wayland, Sudbury, and all of the towns west of Boston, so let me know if you need a buyer broker to help.
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Fri Feb 24, 2012
Sarah Goulart Nathe answered:
Two thoughts I have had on this:
1. I wonder if clients will go back to driving in our cars. Over the years, this has become less the 'norm' than it used to be (at least in my market).
2. Around here, we are already seeing buyers refuse to look at homes with oil heat. They will only look at natural gas (not propane!!). I think that is going to get even more prevalent and it will 'hurt' the resale of homes currently running with oil.
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Wed Apr 27, 2011
Anna Glebova answered:
Hi Mary,
Short answer - it depends. Time of day, proximity to the street, and part of the road all play a role. Parts with major crossings (say Cochituate rd and Old connecticut path, as well as rt 20 intersection) will be busier than the rest. Morning and evening rush hour will be rather busy - many cars on the road moving rather slow. If you have small children it might be a good idea to have a fenced in yard.
If you are concerned with driving (how long will it take, and how easy / hard will it be to merge) - again, it'll be slower during rush hour, but easy to merge. Other drivers are usually mindful of cars trying to get out of the driveway, or turn from a side street.

If you compare Cochituate rd to others, Mass Pike will be the busiest, rt 9 second busy, and Cochituate is similar to rt 30, or even less busy than that. Hope this helps, let me know if you have other questions about the area.
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