Monday, June 11, 2007

Now is the time to find a moderately priced home in Sudbury!

In my daily conversations with friends and family, I often hear that Sudbury is too expensive for most first time homebuyers or those looking for a moderately price property. They are often shocked to learn that Sudbury currently has 38 homes on the market for less than $500,000! Inventory in the lower end of the market is high and NOW is the time to find a home in this price range.

These properties may not be a buyer’s dream home – most are smaller houses, are typically not colonials, or may require significant updates – but many of the properties are wonderful homes with great potential. My advice to buyers looking for a moderately priced home? If you can’t find it now, maybe you need to re-evaluate your expectations….. Finding a 3000 sq. foot, 4 bedroom, 2 ½ bath colonial complete with a granite kitchen and an acre lot on a side street for less than $500,000 in Sudbury is almost an impossibility, even if the real estate “bubble” bursts.

No comments: