Blog :: 03-2013

21 Walker Street- Unit 3 for Rent!

A new luxury property for rent in the Charlestown area! 21 Walker Street is now available at $2,350 a month. This sunlit one-bedroom apartment comes with many luxury accommodations. Hardwood floors and a marble bath make this home radiant throughout. The kitchen is fully equipped with Energy Star appliances and cherry cabinets as well as granite countertops. In addition, the home has cathedral ceilings and many convenient extras such as a full washer and dryer and a built-in ironing board. For safety and ease, the apartment has a video entry system that will record images of callers to your home when you're gone. With easy roof deck access and central A/C and heat, this home is the complete package. Not to mention the great location in charming Charlestown, with access to the highway, shopping and public transportation.

21 Walker Bedroom

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"Fenway Center" Greenlit and Moving Forward This Year

New developments in the Boston area are a great sign of a burgeoning economy and improving market. There has been a lot of attention surrounding the on-again, of-again project intended to cross the Mass Pike, called "Fenway Center." According to Curbed Boston, the development plans include "at least 550 apartments, plus retail and commercial space, at Brookline and Commonwealth avenues." The project intends to include four buildings, the majority of which will be built above the turn-pike.

Up until now, construction has been delayed due to hold-ups with an adjoining landowner. However, lead developer, John Rosenthal triumphed over these challenges. Since then, Rosenthal has progressed by buying a parking lot nearby on Landsdowne Street in partnership with The Boston Red Sox.

According to The Boston Herald, these actions signal big strides for the  $450 Million project, "set to break ground this year."

According to Fenway Center's  website www.fenwaycenter.com, the project is environmentally conscious and "plans to include one of the largest solar energy generation plants in the Commonwealth." It also will include a new commuter rail T stop and pedestrian access to Fenway Park, according to WBGH-TV.

And that's not all! The project anticipates creating about 1700 construction jobs and 200 permanent ones for Boston area laborers.

Rosenthal explained in his interview with WBGH that while there is a sky deck at Prudential and Copley, there hasn't been one to cross the turnpike in over 30 years. "Try to envision an overpass extending the bridge from Brookline Ave...west to Beacon Street..."

While building on air rights may sound complicated, Rosenthal asserted, "You have to create the land!"

Green Home Technology

St. Patrick's Day has come and gone, but why not go green year-round? Here are some fascinating green technologies out there that might be worth considering:

1) Rotating houses. These houses actually turn towards and away from the sun depending on the seasons and time of day. This helps save on heat and lighting in your home. While this obviously is not conducive to city living, it is an option for areas that have a bit more land.

2) Solar hot water heaters. Installing one of these can really help with gas and electricity, easing your bills and environmental impact.  However, this often is not enough to heat an entire home with people showering, doing laundry, and dishes.

3) Using a rain barrel, literally to just collect rain water can help save some water. We're not suggesting you use this water to drink, but use it to water your plants.  Hoses really put a dent in our water supply, so why not use the water we're already given by nature!

4) On a smaller scale using smart power strips and energy star appliances can make a big difference in your home, and your electric bills. Just be smart about electrical appliances and lighting around your home and you'll find yourself saving more money in the long run and support a more sustainable future!

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New Listings at 3 Repton Place

Hot on the market: two of our most recent listings are located in the luxurious 3 Repton Place in Watertown. This building hosts a wide variety of great amenities including easy parking and a relaxing courtyard with a playground and landscaped grounds. This building is more secluded than properties in downtown Boston, and is convenient for commuters thanks to easy highway access.

Exterior at 3 Repton Place

Unit 3402 is a sweeping three bedroom, two bathroom home with plenty of space for storage and family members, while Unit 3202 also offers additional space with two bedrooms, two bathrooms, and a den. These homes are the complete package.

Exterior at 3 Repton Place

Both listings include many desirable aspects: private balcony, hardwood floors, stainless steel appliances, granite counter tops, tall ceilings and dramatic windows letting the sun pour in to these spacious apartments. Additionally, both homes offer not just one, but two garage parking spots per listing. The on-site management and superintendent are always on top of property maintenance. Condo fee includes snow removal, refuse removal and constant exterior maintenance and landscape work.

The Watertown area includes shopping, walking trails, and bike paths for the active homeowner. The latest listings at 3 Repton place are sure to impress anyone seeking a new place to lay their head in the Boston area. Go to www.thecharlesrealty.com or (617) 236-0353 to inquire further with the listing agent, Sarah Glovsky.

Home Appreciation Continues

The Boston home market is still on the rise. Listings are barely hitting the market before offers come flowing in.  We're not just talking one or two offers either, we're talking about several offers on single listings. In this brief post we just want to highlight some of the reasons why homes are moving so quickly.

Zillow is reporting a 6.2% increase in home values across the country since last January and a 0.7% increase since December. With this in mind it's also worth noting that this is the lowest percentage of homes with price reductions on the market in over four years.  People know that if they buy now and market trends continue, then there's potential to make a profit in a matter of just a year or two.

In Boston, as we've stressed before, inventory is incredibly low across the city. Thus, home values are up 9.5% from last year. This is a clear reflection of the low inventory, thus making this the ideal sellers market. With this trend, now is the time to put your home on the market. Sellers are receiving multiple offers within just days of listing and the market is only getting busier as we come into the spring.

Sources:

http://www.zillow.com/local-info/MA-Boston-home-value/r_44269/

http://blog.altosresearch.com/three-signs-2013-will-be-the-hottest-housing-year-since-2005/

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