Overview of Waltham, MA
Waltham is a city located in Middlesex County, Massachusetts, and is approximately 10 miles west of Boston. The city has a rich history, with roots dating back to the 1630s when it was first settled by Europeans.
Today, Waltham is known for its numerous historical sites, including the Charles River Museum of Industry and Innovation and the Lyman Estate. The city is also home to several universities, including Brandeis University and Bentley University.
Real Estate Market in Waltham, MA
The real estate market in Waltham, MA, is currently very competitive. The median home value in Waltham is $757,000, which is a 10.2% increase from the previous year, and homes typically sell for around the asking price within 16 days of being listed.
Homes for Sale in Waltham, MA
Types of Homes for Sale
Waltham, MA, offers a wide range of homes for sale, including single-family homes, condos, and townhouses. Many of the homes in Waltham were built between 1900 and 1950 and feature classic New England architecture. However, there are also newer homes available that offer modern amenities and updated features.
Price Ranges of Homes for Sale
The price of homes for sale in Waltham, MA, varies depending on the size, location, and condition of the property. Currently, the median listing price of homes for sale in Waltham is $757,000. However, there are homes available at lower price points, with some condos and townhouses.
Popular Neighborhoods in Waltham, MA
Waltham is a diverse city with several distinct neighborhoods, each with its own unique character. Some of the most popular neighborhoods in Waltham include:
- South Side: The South Side is a residential neighborhood with a mix of single-family homes, condos, and apartments for sale. It is known for its tree-lined streets and easy access to downtown Waltham.
- The Highlands: The Highlands is a neighborhood located in the northern part of Waltham, near Bentley University. It is a quiet, residential area with a mix of single-family homes, condos, and apartments for sale. It is known for its large lots and spacious homes.
- Warrendale: Warrendale is a neighborhood located in the eastern part of Waltham. It is a diverse community with a mix of single-family homes and apartments for sale.
Is Waltham, MA a Good Place to Live?
Waltham, MA, is a great place to live for many reasons. The city has a strong sense of community, with plenty of local events and activities throughout the year. It also offers easy access to Boston, making it a popular destination for commuters. Additionally, Waltham has a low crime rate and excellent schools, making it a great place to raise a family.
Is Waltham Considered Boston?
While Waltham is located just 10 miles west of Boston, it is not considered part of the city. Waltham is its own separate municipality with its own government and services.
Is Waltham Cheap to Live?
The cost of living in Waltham, MA, is slightly higher than the national average. However, it is still considered more affordable than many other suburbs of Boston. The cost of housing in Waltham is the primary factor driving up the cost of living. However, the city offers a wide range of amenities, including excellent schools and access to public transportation, which can help offset the higher cost of housing.
Buying a Home in Waltham, MA
If you're considering buying a home in Waltham, MA, there are several steps you'll need to take to make the process as smooth as possible.
Finding the Right Real Estate Agent
Working with the right real estate agent is key to finding the perfect home in Waltham. Look for an agent who is familiar with the area and has experience working with buyers in your price range. Home Shift Team’s agents are among the most experienced and trusted.
Getting Pre-Approved for a Mortgage
Before you start looking at homes for sale, it's important to get pre-approved for a mortgage. This will help you determine how much house you can afford and make the home-buying process much smoother.
Making an Offer on a Home
When you find a home you love, your real estate agent will help you make an offer to the seller. This is where having an experienced agent is critical, as they can help you negotiate the best possible price for the home.
Closing on Your New Home
Once your offer has been accepted, you'll need to go through the closing process to finalize the sale. This involves signing several legal documents and paying any closing costs associated with the sale.