The Norton Group, Inc.



Posted by The Norton Group, Inc. on 11/19/2017

Estimating the market value of your home isn't a precise science. There are several factors that go into assessing the value of a home and the process is complicated by changes in the market that can sway home prices in either direction. Since homes are so expensive and are such a huge investment, the pragmatist and worrier in us all wants it to be a clear cut decision backed up by facts. Unfortunately, no two people will ever arrive at precisely the same number for the value of a home. The good news is that you can use this ambiguity to your advantage when bargaining with prospective buyers. To learn more about the six main factors that determine a home's value, read on.

Condition

Homebuyers don't want to walk into what could be their new house and discover months of expensive repairs and upgrades waiting for them. Especially for busy, young professionals there is great appeal in a home that is move-in ready. If your home needs some work, it will knock off some digits from your asking price.

Location

We would all love to say that having a home near the ocean or the mountains is our top priority. But, let's face it--having a place that is close to your work and that is in a good school district will probably take precedence over our daydreams. Location factors that add value to your home could include close proximity to schools, shopping, highways, and other amenities. However, if your home is far away from them or is in a neighborhood that appears run-down or dangerous you will find the value of your home decreasing. An easy way to get a ballpark figure for your home value is to look up the value of other comparable homes in your neighborhood.

Age

Age is just a really expensive number. For some, buying an old home is a dream they've always had. Old homes have character and offer challenges when it comes to DIY repairs and renovations. For others, an old home means more headaches and more expensive utilities if it's drafty or outdated.

Features

Curb appeal is important, but once your prospective buyers are inside you'll have to keep them around with great, convenient household features. Lots of storage space, updated kitchens with new appliances, finished basements, or a beautiful backyard with a view can all add thousands to a home value.

Size

Square-footage is important to many homebuyers. In spite of the current trends around minimalism and being eco-friendly, the numbers show that Americans are buying increasingly larger homes and vehicles.

Market

You've probably heard the terms "buyer's market" and "seller's market" thrown around in conversations about real estate. They are essentially descriptions of the supply and demand of homes. Many buyers with few homes means you're in a seller's market, whereas a surplus of vacant homes and few prospective buyers means it's a buyer's market. This is closely tied to location, different cities and suburbs experience different rates of growth and decline depending on the local economy.




Tags: Real estate   home   value   home value  
Categories: Uncategorized  


Posted by The Norton Group, Inc. on 11/12/2017


98 Thurston, Somerville, MA 02145

Rental

$2,200
Price

5
Rooms
3
Beds
1
Baths
3 Bedroom 1 bath. In closed 3 season porch. Hardwood floors. Washer and dryer in unit. Dishwasher, disposal. Gas stove. First floor. Decorative fireplace in living room. On multiple bus routes to Red, Orange and Green lines. Close to Boston. Walking distance to Assembly Square, Davis Square. Tons of Restaurants, Bars, Colleges. Walk score of 85. No pets, No smoking. First and Security. Half month fee to listing office. Lease will run till August 31st 2018.
Open House
No scheduled Open Houses

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Tags: Real estate   Rental   02145   Somerville  
Categories: Price Change  


Posted by The Norton Group, Inc. on 11/12/2017

Selling your home can be an expensive process if you're not careful. Fortunately, we're here to help you maximize the value of your home and ensure that you're able to avoid costly mistakes throughout the home selling process. Here's a closer look at three costly mistakes that every home seller needs to know about, along with ways to avoid such issues altogether: 1. Selling Your Home Before You Are Qualified to Buy a New One Although you had no trouble buying your current home, the same won't necessarily hold true when you look to purchase a new residence. For example, your financial circumstances may have changed between the time that you purchased your current home and now. This means that you may struggle to qualify for a home loan in the current economic climate. As such, you'll want to get pre-approved by a lender before you sell your current house. You also should conduct plenty of research into areas where you may want to live in the future; that way, you'll be better equipped to buy another house and relocate quickly if a homebuyer wants to purchase your current residence. 2. Guessing the Sale Price of Your Home It is unlikely that what you initially paid for your residence is what it's worth now. As a result, you'll want to understand the true value of your home before you add it to the real estate market to optimize the value of your residence. Getting a fair market appraisal will ensure that you can better understand what your home currently is worth. Furthermore, you should consider the upgrades that you've made across your home, as these improvements likely will boost your residence's value. When it comes to the sale price of your home, why should you be forced to leave anything to chance? Instead, do your homework so you can determine the optimal sale price, i.e. a sale price that highlights your home's true worth and will make your residence an attractive option for homebuyers. 3. Understanding the Stress Associated with the Home Selling Process A calm, cool and collected approach to selling your home often is ideal, particularly as the stresses commonly associated with the home selling process start to add up. For instance, a homebuyer may submit an offer and follow it up with a home inspection. But during the inspection, this homebuyer could find issues with your home that lead him or her to reconsider the initial offer and could put a potential home sale in jeopardy. Conversely, with the right real estate agent at your disposal, you'll be able to minimize many of the stresses of the home selling process. This professional will possess the necessary skills and know-how to guide you during the home selling process, and ultimately, improve your chances of a fast, successful home sale. Costly home selling mistakes can put a dent in your wallet or pocketbook and cause your stress levels to rise. But home sellers who work with a dedicated real estate agent can benefit from the support of an experienced professional who can simplify the home selling process.




Categories: Uncategorized  


Posted by The Norton Group, Inc. on 11/8/2017

This Condo in Norwell, MA recently sold for $314,900. This Mid-Rise style home was sold by - The Norton Group, Inc..


7 Assinippi Ave, Norwell, MA 02061

Condo

$319,000
Price
$314,900
Sale Price

4
Rooms
2
Beds
2
Baths
Rare opportunity to own on the ground floor of this desirable 62+ community. This unit has a private, covered patio facing Jacob's Pond which can be directly accessed from outside as well as inside. This is an end unit with lots of light, peaceful views and easy access to grilling area. Improvements include newer subway tile in kitchen, master bath counter, carpeting, paint, microwave and dishwasher, and wide blinds on oversized windows. In-unit washer/dryer (negotiable) hookups. Extra storage is located close to the unit. Front row parking space (#3). Professionally run association offers truly care-free living. Plenty of spaces for larger gatherings and cozy library with fireplace for reading, playing games, or playing the piano. Exercise room on first floor. Close to shopping, restaurants and highway. Welcome home!

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Tags: Real estate   Condo   Norwell   02061  
Categories: Sold Homes  


Posted by The Norton Group, Inc. on 11/5/2017

Let's face it – clutter is an eyesore that all home sellers can live without. However, removing clutter before you list your house may prove to be difficult, particularly for those with limited time and resources at their disposal.

Fortunately, we're here to help you streamline the decluttering process. That way, you can speed up the process of improving your house's appearance and get your residence show-ready.

To better understand how to effectively declutter your home, let's take a look at three best practices for decluttering:

1. Organize Your Belongings

Old electronics, broken exercise equipment and other items can take up lots of space in your home. If you take a look at all of your belongings, you can differentiate clutter from items that you'd like to keep.

If you haven't used an item in several years or an item simply takes up space in your house, this item likely is clutter. As such, you should eliminate this item from your premises as soon as possible.

On the other hand, items that you use regularly or items that have sentimental value may prove to be keepers. With these items, you should store and maintain them properly to reduce the risk of deterioration.

2. Get Rid of Items That You No Longer Need

There may be a wide range of clutter scattered throughout your house. Although your first instinct might tell you to throw out excess items, it is important to consider whether these items could be sold or donated.

Even though a particular item no longer serves your needs, you may be able to sell this item to the highest bidder. Thus, if you post an item online or host a garage sell, you could earn extra cash by selling your clutter.

In addition, many charities will accept items that you no longer need. If you have excess items that are working properly, reach out to local charities, and these organizations may be able to pick them up at your convenience.

3. Consult with a Real Estate Agent

If you plan to list your home in the next few weeks, consulting with a real estate agent is ideal. This housing market professional can offer expert decluttering recommendations and help you get your house ready for the real estate market.

Typically, a real estate agent will meet with you, evaluate your house and learn about your home selling goals. He or she also will explain the home selling process and ensure you know what to expect before you list your residence.

In most instances, a real estate agent will set up home showings and open houses, notify you about offers on your house and provide various home selling recommendations and suggestions. Plus, if you ever have questions about decluttering your home or other home selling topics, a real estate agent can provide immediate answers.

Simplify the process of decluttering your house – use the aforementioned tips, and you can remove clutter from your residence in no time at all.