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Home Buying in 02478 : Real Estate Advice

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Activity 6
Wed Mar 23, 2011
Louis Wolfson answered:
Interesting question. Best way to approach it may be to buy it as a 2 family using the equity you have in your unit. You can also use any rental income that you will be getting from the 2nd towards your ability to afford the mortgage. Depends on how long you've owned your unit and how much equity you have in it.

Louis
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Tue Mar 22, 2011
Susan Costa answered:
Depending on the footage that needs to be installed. The size of the system and if you are handy enough to do some of the lay out prep work the cost is approx $7,000. plus.

I just closed on a three bedroom - cape. Appox 1800 Sq Ft of living space and that is what my buyer paid for a new system with the plumbing partially laid out by the buyer.

Good luck.
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Tue Jun 30, 2009
Scott A. Nelson answered:
Alot would depend on anothers need & it's location and ability to fullfill that need. Why would a person need your spot X where it is when spot Y may be free? Unless parking is at a premium where the spot is located it would be tough to assign value. Just like how in Boston a few weeks back someone was willing to pay $300k for a parking spot in downtown Boston. There's alot that goes into the value that would need to be assessd. You should check with a local expert to get a more specific opinion of value. ... more
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Wed Jun 4, 2008
Debi Gallagher answered:
Tony - It would all depend on the amount of square footage you are working with and types of finishing you have in mind. I have referenced a great article tht can be found at www.realtor.org/rmomag.NFS/pages/2007/CostvsValue?OpenDocument that may help answer this question. If you have trouble opening, email me and I can send you a PDF version of this. Good Luck! ... more
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Fri Apr 1, 2016
Christopher Lawton answered:
First of all, i would ask other questions! Where is the home located, how many bedrooms, what will this do the my homes value, this question also should show what type of finished to use as well! Plus be careful this is may be a structual item as well! Pool table is quite heavy! ... more
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Thu Jan 30, 2014
Jon Ernest answered:
Belmont is a very nice town that is close to Boston, I feel pretty confident in saying that you've already seen the worst of the declining prices.....
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