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General Area in Wellesley : Real Estate Advice

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  • Home Buying13
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Activity 3
Tue Sep 1, 2009
Andrea J. Mealey answered:
Dear Rebecca,

Neighborhoods near Perrin Park (Hardy School) and Pilgrim Road (Bates School) (both off Weston Rd. but in different directions) are popular and have homes in that price range. The Farms area (Schofiled School) is also popular and homes do come on the market in that price range.

What you will need to focus on in addition to the popularity are the characteristics of the neighborhood that make it popular (Is it walkability to town/train or is is proximity to a school or park?, for example). What is appealing to some may not be high on your list.

Also, you should consider what style home you are most interested in purchasing. Wellesley is a place where most houses are (and many homebuyers seem to prefer) traditional colonials. So if you have some flexibility in the style of the home you buy, you may have more choices, particularly in this price range which often captures ranches and split level homes.

A quick search of the current inventory shows about 17 houses on the market between $650K and $850K (a bit below and above your figures, just to capture inventory). Maybe one of these will work for you. Otherwise, there is often an up-tick in inventory now that the summer is over. Keep an eye on new listings.

Best of luck - Andrea
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Thu Apr 9, 2009
Frank answered:
Thu May 1, 2008
Territory.com answered:
Prices vary drastically as you get closer to the school... below are some examples.

Here is a great one in a pretty good price range/ literally around the corner from the school:
http://www.territoryre.com/SF_Property.php?LIST_NO=70746312

Here is one on the other side of Cedar street (towards newton):
http://www.territoryre.com/SF_Property.php?LIST_NO=70740068


Just to give you an idea, here are a few places on the market in the high(er) price range located in the neighborhood close to the school :

http://www.territoryre.com/SF_Property.php?LIST_NO=70732892

http://www.territoryre.com/SF_Property.php?LIST_NO=70741346

http://www.territoryre.com/SF_Property.php?LIST_NO=70705148

http://www.territoryre.com/SF_Property.php?LIST_NO=70741147

The school is sord-of sandwiched between a couple major roads: rte 16, 9, 128 and 95 so crossing these streets may be a source of concern for kids.

The further out you go the more options in the lower price range, for instance check out these:

http://www.territoryre.com/SF_Property.php?LIST_NO=70694571

http://www.territoryre.com/SF_Property.php?LIST_NO=70701709

http://www.territoryre.com/SF_Property.php?LIST_NO=70587876

http://www.territoryre.com/SF_Property.php?LIST_NO=70731881

Click the maps and you can see the proximity of the homes to Cedar St. where the school is located.

Good luck!
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