Real Estate

Pet-Friendly Apartments in the Boston Area!

Your pet is part of your family, so you'll naturally want to take him or her along when you move to a new apartment. However, finding pet-friendly apartments in Boston or Brookline isn’t always easy. It’s not impossible, though. You'll just have to keep your expectations for pet-friendly rentals realistic.

What to Expect When Searching for Rental Homes That Allow Pets

It’s common for apartment and rental housing managers to limit the number of pets a tenant may have. This is typically one or two pets. Additionally, management might impose a weight or size restriction on the pet. They may also disallow certain breeds, such as Great Danes, Pit Bulls, or German Shepherds. The reason for this is that some dog breeds are too large, or considered too aggressive or potentially destructive for apartment living.

Even cat and dog friendly apartments usually charge additional fees to tenants for keeping pets on their property. This typically includes an extra deposit and more money added onto the monthly rent. It’s important to understand all fees before you sign a legally binding lease. You should never have to pay any extra fees if your pet is a service animal.

Show That You’re a Responsible Pet Owner

Bringing proof of your dog or cat’s vaccines and health history can help a landlord feel more comfortable about renting to you. You may also want to consider getting insurance for your pet, or letters of recommendation from previous landlords. These can be helpful, even when the building already accepts pets.

Longwood Residential Wants to Help

Whether you desire to rent an apartment, private home, or condo that allows pets, you can start your search here. We think you will find that pet-friendly apartments and houses- for-rent which allow dogs are easier to find than you imagined. Feel free to contact us with any of your questions, and we'd be happy to help you find your dream home.

Studio Apartments in Boston

A studio apartment is a rental unit with everything but the bathroom combined into one main room. It doesn’t contain any separate bedrooms. You may be interested in studio apartments for rent if you’re a single person who doesn’t require a lot of space; or are simply looking to save money. However, even studio rentals can provide luxurious accommodations. Longwood Residential rents and manages several luxury studio loft apartments that we encourage you to check out today.

How to Determine What You Can Afford to Spend on Rent

Food, transportation, and housing costs, make up nearly two-thirds of the budget for most people in the Boston area. However, financial experts recommend trying to cap these costs at 60%. With the high cost of living in Boston, we recommend that your annual salary be at least 40 times your monthly rent. This ensures that you can comfortably afford your monthly rent obligation. Be sure to look at all sources of income as well as all recurring and occasional expenses when creating your rental budget. Cheap apartments in Boston are hard to come by, but Longwood Residential studio rentals are your best bet in finding them.

Decorating a Small Apartment

Just because you rent a small space doesn’t mean you must give up your decorating style. Renters with limited space or funds can get quite creative in this department. Local flea markets are an excellent place to find vintage furniture, pottery, and glassware. You can even shop fabric stores to add chic style to curtains, older furniture, and other personal items in your studio apartment.

Where to Find Studio Apartments Near Me

Longwood Residential offers studio apartments in several of Boston’s finest neighborhoods. Please view our listings to learn more, or contact us directly with your questions. We will help you find the best small apartment for your price range, amenities desired, and neighborhood where you want to live.

Condos for Sale in Boston and Brookline!

Do you want the satisfaction of owning your own place without all the responsibility? Then purchasing a condo may be right for you. Condos for sale by Longwood Residential are individual units located within a building or multi-family home. You must get approved for a mortgage just as you would when buying a private home. You pay association dues in addition to your mortgage. These fees are mostly for maintenance of common areas. While you’re responsible for maintenance inside your unit, your condo association takes care of things such as landscaping and shoveling snow.

Luxury condos, such as those operated by Longwood Residential, are run by a board of directors. The board votes on, and enforces, rules that affect residents. You will want to learn about the condo board’s reputation before buying a condo. Also, you should know how much of a reserve fund the association has on hand to handle exterior upkeep.

Mortgage Rates and Luxury Accommodations

In January 2017, Curbed Boston reported condo rates ranging from $263 to $1,467 per square foot. You will find that prices for Longwood condos typically fall into this range. We mostly operate luxury condos with amenities that you won’t find at many others in the Boston area. Some of the amenities at Longwood condos include:

  • Private fitness clubs
  • Concierge services
  • On-site, underground parking
  • Rooftop swimming pools
  • Party rooms
  • Business suites
  • Package services
  • Private balconies
  • Valet services
  • In-unit wash machine and dryer
  • On-site retail stores
  • On-site play areas for children

We offer one, two, and three-bedroom condo options as well as limited studio-sized units. Most of our condos are in neighborhoods that are within walking distance to many of the things you need. Our buildings are also located in areas with excellent access to public transportation.

Which Boston Neighborhood is Right for You?

Deciding you want to buy a condo is just the first step. It can be a bit more challenging to find the amenities, price range, and neighborhood, that is just right for you. Longwood Residential offers condos for sale in more than a dozen Boston neighborhoods. Whether you have your heart set on Back Bay, Roslindale, or The Fenway, we can help you find the best Boston condo for you and your family. Feel free to start your search here or contact our office for assistance. We look forward to working with you.

What is the Cost of Living in Boston?

cost of living bostonAccording to a June, 2017 report released by Best Places, Boston scored a 169.90 for overall cost of living. A score of 100 is the baseline for cities across the United States (the higher the better). High housing costs seem to contribute the most to this score. Although Boston scores high in several other areas as well, it’s the housing costs that really drive it up. They are highest in Boston proper as compared to the Boston/Cambridge/Newton metro area and Massachusetts as a whole. Setting down roots in the right neighborhood can make all the difference in housing costs.

Other Cost of Living Scores for Boston

Boston also scores above 100 in several other cost of living categories. These include:

  • Utilities, 149

  • Miscellaneous, 131

  • Health, 125

  • Grocery, 122

  • Transportation, 105

Many residents consider the cost of living in Boston worth it. The city offers excellent public transportation and a rich history, among other things. You always have the option of getting in on the tiny house craze to reduce your housing costs.

Average Rental Costs in Boston

cost of living bostonThe June 2017 Best Places report indicates that the average rent for a studio apartment in Boston is $1,245 per month. This compares to $898 for the rest of Massachusetts and $712 average for the entire United States. Other rental rates by size include:

  • 1 bedroom: $1,395 in Boston, $1,067 in Massachusetts, and $825 in the United States

  • 2 bedroom: $1,716 in Boston, $1,335 in Massachusetts, and $1,027 in the United States

  • 3 bedroom: $2,130 in Boston, $1,668 in Massachusetts, and $1,379 in the United States

These high rental rates might encourage some people to become homeowners sooner than they would have in a different area. At Longwood Residential, we offer competitively priced apartments, condominiums, and private homes. We may have exactly what you’re looking for, so give us a call or click to contact us and discuss your needs today!

 

Where To Rent In Boston

Boston has several distinct neighborhoods, each with its individual benefits. So, it can be kind of challenging to choose the appropriate place for you to call home. For example, if you’re a Beth Israel Deaconess Medical Center employee; Brookline, Fenway, and Jamaica Plain could all make ideal places to live.

Brookline is near several reliable public transportation routes, and is home to Coolidge Corner, a premier shopping area. Fenway is closest to the hospital and offers a vibrant nightlife with bonus points if you’re a Red Sox fan. Jamaica Plain is the most affordable of the three neighborhoods, and offers numerous parks and recreational areas, if you have a dog and wish to be social.

Popular and Attractive Boston Neighborhoods

Perhaps living near a hospital in the Longwood area isn’t a concern for you. If not, you may want to consider the neighborhood of Roslindale. You can find single-family homes, condos, or luxury apartments here quite easily. You may even want to save up to purchase a multiunit property, and rent out the space you don’t need.

Brighton is another up-and-coming neighborhood for young professionals in Boston. Several two-story homes here have been turned into condos. This makes an attractive option when you want your own space without the full responsibilities of home ownership.

Enjoy the Unique Combination of Luxury and History

Do you enjoy having all of the modern amenities within a building with history and character? If that’s the case, you need to check out Garrison Square in Boston’s Back Bay. The building itself sits in one of the most historic neighborhoods in the city. You will love the surrounding brownstone homes and the historic cobblestone streets you’ll travel daily. Protip: invest in comfortable walking flats.

The 105 units of Garrison Square have all the features you would expect in a luxury apartment complex. A rooftop terrace, private balcony, and breathtaking landscape features, name a few.

Whether you’re looking for luxury or practicality, we’re here to help. Longwood Residential offers our experience dealing in all sorts of rental properties within the parameters of Boston Metro. Please contact us today for a complimentary assessment.

Can I Buy A Home With No Money Down?

If you’re trying to buy a home, you may feel discouraged by the 20% down-payment that most lenders require. However, saving up for a 20% down payment on a six-figure home is simply unrealistic for many home buyers. You may qualify for a program that doesn’t require you to put any money down to purchase a home.

The most common programs include:

Credit Union Loans

Credit unions are owned by members instead of a board of directors. If you’re not already a member, consider researching local credit unions to see if you meet criteria. Some credit unions offer loans with no down-payment, to members with good credit who earn 80% or less of the median income for the area.

USDA loans

If you don’t need to live in Boston proper and are okay living in a town of less than 10,000 people, this loan could work for you. These are the criteria for a no-interest loan through the United States Department of Agriculture. The federal organization may also be able to help if you earn low or moderate income for your area.

VA loans

This program is for retired military members or their surviving spouse. You need an excellent credit score and a special appraisal to qualify for a Veteran’s Administration home loan with no money down.

Longwood Residential is Here to Help.

The city of Boston is currently on target to meet its goal of 53,000 new housing developments by 2030. We’re willing to do whatever it takes to match our clients with their perfect home. Consider attending one of our first-time home buyer seminars if you have never purchased a home. You may also want to think about other homeownership options, such as buying a condo. With determination, planning and having access to the right resources, home ownership can be a reality, much sooner than you think.

3 Tips To Sell My House Quicker

If you’re trying to sell your house quickly, skip the for sale by owner option. By going it on your own with a FSBO, you’re required to perform hours of research, just to determine a starting listing price. You’ll also have to supervise and control all of the other nuances that go with selling your home on your own. This includes arranging home showings and drafting a legal P&S (purchase and sales) agreement.

Here are three helpful tips that you can take opportunity of TODAY to help sell your house quickly:

1. Set a competitive asking price right from the start

Many sellers make the mistake of setting a price too high and then lowering it when the house fails to sell within a predetermined time. It’s important to understand that activity during the first 30 days of your house being on the market is the best you’re going to see. Starting out with a price that’s too high will delay the sale of your home unnecessarily. At Longwood Residential, we have years of experience establishing the right selling price for specific neighborhoods.

2. Don’t overlook the importance of preventative maintenance and curb appeal

Keeping up with your home’s maintenance means you won’t have to scramble when it comes time to sell. If you notice something needs repair, we recommend taking care of it before putting your house on the market. It’s also essential to enhance the view of your home from the street. Consider planting flowers, replacing the dented mailbox, or giving the front door a fresh coat of paint. Buyers won’t even stop to look if they’re already turned off before setting foot inside your home.

3. De-personalize your home

This will probably be hard to do, but it’s a necessary step. Buyers need to picture themselves living in the house, not you. If you need successful home staging ideas, just ask your Longwood Residential realtor.

Bonus Tip!

Work with an experienced Longwood Residential realtor! As our client, you will benefit from our many years of experience selling in the Brookline/Boston markets. When you list your home with us, you’ll have access to the best tools and helpful Realtors who can help you quickly get your home from just listed to blissfully sold.

What Is My Home Worth?

When it comes time to sell your home, you’d obviously like to get as much as you can for it. For some people, the question “What is my home worth,” seems like an unsolvable mystery. Often times, we tend to assume our home is worth much more or less than it actually is. It often comes as a surprise to homeowners that land appreciates over time, while the physical structure occupying the land can depreciate over time.

Comparable Value

When determining your home’s worth, real estate agents first consider “comps,” otherwise known as comparable properties, which are other homes in your neighborhood that have recently sold. Your agent will likely use comps to prepare a CMA (Comparative Market Analysis) for you.

The steps to prepare your personalized CMA include:

  • Locate listings of homes that have sold in your immediate or nearby neighborhoods in the past six months.

  • Select three properties which are a close match to your home in terms of year built, square footage, size of lot, type of roof, style, and amenities. According to Home Guides, there shouldn’t be more than a 200-foot difference between your home and the comparable properties.

  • Consider whether your property is larger, newer, or has additional features from the compared properties. If so, your agent may choose to add to the price of your home. If not, they may opt to take some money off of the selling price.

  • Average the selling price of the three comparable homes, adjust accordingly, and set the price for your home intelligently.

The Option of Hiring a Home Appraiser

Sometimes it may be difficult for you and your agent to come up with an accurate selling price for your house. It’s possible that there haven’t been enough comparable properties sold around you in recent months. There may also be too much information to sift through, making this part of the process very time-consuming. A professional appraiser can work with challenging situations to come up with an accurate home worth.

Setting the Selling Price

After reviewing your home’s unique features and three comparable properties, it’s time for your agent to set a selling price. It’s a good idea to set the price a little higher than you expect to get, but not so high that it discourages buyers from bidding. This leaves room for negotiation on both sides. It’s common for real estate agents to suggest that clients should offer 5% less than what they plan to ask for their home. Of course, you would be free to respond to your agent with a counter offer.

Need Help Pricing and Selling Your Home?

We are available to help you with your home selling or buying needs. Please contact Mike today and let's get the process started!

Sign Up for Our First-Time Home Buyer Program

It’s an exciting time when you decide to buy your first house. It can also be overwhelming. When you rented an apartment, you filled out an application, paid a deposit, and moved in. While the owners checked your financial stability and rental history, applying for a mortgage is much more involved.

You probably have numerous questions in addition to how to qualify for a mortgage. Longwood Residential’s first-time home buyer program can start to address your concerns at our free information session, which we hold periodically. In the market for Longwood Condos but not sure where to start? We'll post our next seminar on Facebook, so follow us there!

What to Expect at Our Free Home Buying Seminars

Longwood Residential hosts these events at our office. We are conveniently located at 1404A Beacon Street in Brookline. Here are some of the helpful topics we plan to address:

  • High-level overview of buying a home and the local real estate market Foyer of luxury home

  • Best practices for getting your offer accepted

  • Evaluating your financing options

  • Differences between buying and renting

  • What to expect during your home inspection

  • Expectations for closing

We also leave plenty of time to answer any questions from attendees. We understand that everyone has a unique situation that won’t necessarily fit into the general information we provide. You are welcome to contact a member of our team, if you have any immediate questions for us regarding buying or selling your home.

Education should be the first step on your exciting journey toward home ownership

Anyone interested in the home buying process is welcome to attend our free events! We just ask that you RSVP to info@longwoodresidential.com, or call us at 617-396-3100. Space for our first-time home buyer programs are limited, so reserve your spot today!

Awesome Longwood Condos for Sale

Before you pursue Longwood condos for sale, it’s helpful to review some basic information about condominium living. When you buy a condo, you own the entire inside of your unit. The condo association owns the exterior, common areas, and the land where the building sits.

You are not responsible for exterior maintenance as a condo owner. However, it’s important to budget for association fees in addition to your monthly mortgage payment. The money collected from all residents covers the cost of maintenance and repair in common areas such as hallways and meeting rooms.

Which Boston Neighborhood is Right for You?

One of the major benefits of Longwood condos for sale is that we have units available in multiple Boston neighborhoods. These include:

Of course, you need to consider several personal factors when deciding where you want to purchase a condo. Proximity to your work, quality of the school district, and access to public transportation are just three of the most important things to people looking to make one of these Boston neighborhoods their new home. You can search by neighborhood, price, MLS listing number, and other categories when trying to locate an available unit sold and managed by Longwood Residential.

Average Cost of Boston Condos by Square Foot

Our prices fall in line with those listed on a report released by Curbed Boston on January 5, 2017. With the new year just weeks old, prices range from $263 per square foot in the Hyde Park neighborhood to $1,467 per square foot for a condo in Back Bay. These figures include condos ranging in size from 812 to 3,247 square feet.

The analysis posted by Curbed Boston includes data from 10 distinct Boston neighborhoods. This is to give buyers an accurate idea of the average monthly payment for a Boston condo in place of using a mortgage calculator.

Featured Longwood Condos for Sale

With a presence in all 14 of the Boston neighborhoods listed above, Longwood Residential is sure to have a condo available to suit your needs. Below are just three of our luxury properties that could be your new home:

  • Ritz-Carlton Condos: Named for the hotel chain that offers such personalized service, the Ritz-Carlton Condos give you more of the same. Whether you’re interested in valet parking, room service, or wake-up calls, you can receive these services and more as a resident here. A picturesque view of the harbor completes the experience of condo living at its finest.

  • Mosaic on the Riverway: Want to live in a building with top floor club space? Then Mosaic on the Riverway is the place for you. Besides the serene view from high above the city, this building is conveniently located in the Longwood Medical Area.

  • Washington on the Square: When you want the convenience of a condo but don’t want or need a lot of space, consider a studio-sized unit at Washington on the Square. One and two-bedroom condo units are available as well. You don’t even have to leave home to exercise since the building comes equipped with a 24-hour fitness center.

Please contact us at your convenience to learn more about Longwood condos for sale.

Longwood Residential Condo CTA