Newton, a charming suburb located just outside Boston, Massachusetts, offers a sophisticated and thriving community with a lot to offer. The town is known for its classic New England charm, featuring a diverse range of homes from traditional colonial styles to modern constructions. Many of these homes come with spacious outdoor areas, making it a family-friendly destination. Newton boasts excellent public and private schools, making it a top choice for families. Despite its suburban feel, it’s just a short train ride or drive away from the bustling city of Boston. Newton is known for its walkability, parks, community events, exceptional dining, and shopping options.
The Newton real estate market is highly desirable, with great schools, proximity to Boston, and stunning luxury homes. As of August 2022, the median price for homes in Newton was $1.4 million, showing an impressive 11.9% year-over-year increase according to Realtor.com. If you’re considering upgrading your home in Newton, this guide will provide you with valuable insights.
1. Check-In Financially
Before embarking on your home upgrade journey, it’s crucial to assess your finances. Determine whether you’ll be selling your current home and at what price point. Consider your available cash for a down payment on your new home, should you find the perfect one before selling your current property. Discuss your financing options with your mortgage provider if needed. It’s vital to stick to a budget while shopping for a new, larger home. Avoid maxing out your mortgage payments, ensuring you have cash reserves for emergencies and maintenance costs associated with a larger property.
2. Consider Your Needs
Once your finances are in order, start defining your needs for your upgraded home. Every family has unique requirements, so distinguish between features you desire and those you truly need. Ask yourself:
- Do you need more bedrooms for your growing family?
- Do adults require dedicated office space for work or business?
- Consider your pets; do they need more outdoor space?
- What’s your vision of a dream home?
- Is a spacious living room essential, or do you prefer an upgraded kitchen for family meals?
Luxury and an upgraded home can mean different things to different people. Take time to discuss your family’s priorities to narrow down your home search effectively.
3. Choose the Right Neighborhood
Selecting the right neighborhood is crucial when upgrading your home. If your children are already in school, you may want to stay in the same area to maintain their school attendance. However, if your circumstances differ, consider factors like proximity to work, access to great schools, and convenience to amenities such as restaurants, fitness centers, and grocery stores.
4. Plan for the Future
When upgrading your home, plan not only for your current needs but also for the future. This investment should accommodate potential changes, such as having more children or adapting to your family’s growth over the years.
5. Hire a Realtor
One of the most critical steps in upgrading your home is hiring a professional realtor. Realtors are experienced and held to high ethical standards by the National Association of Realtors. They will guide you through home showings and help align your decisions with your real estate goals. Realtors also bring valuable connections to the table, including access to off-market listings and recommendations for contractors, photographers, and stagers.
Discover the Best Boston Real Estate Agents
If you’re ready to explore larger options for your family home in the Boston area, look no further than ACBRealty,Inc. With decades of experience in investing, property ownership, and sales, ACBRealty,Inc. ensures a seamless buying or selling experience for its clients.
When you’re ready to take the next step in your real estate journey, ACBRealty,Inc. is here to help you make the process a breeze.