Blog :: 02-2012

Spotlight: Arlington Home of the Week: 6 Virginia Road

Do you know what these famous actors have in common?


 

·         Dane Cook, actor and comedian
 

 

·         Olympia Dukakis, actress and Academy Award winner
 

 

·         Timothy Hutton, actor, and youngest winner of an Academy Award for Best Supporting Actor
 

 

That's right, these Hollywood stars have all called Arlington home. The Oscars are Sunday, so roll out the red carpet, bring your bling and see what Arlington has lined up for open houses!
 

 

And here's our nominee for best home of the week:
 

 

6 Virginia Road: Owned by the same family for over 5 decades, this home has been lovingly maintained and reflects true pride of ownership. Recently painted and with gleaming hardwood floors, this over-sized Ranch has plenty of space. An open living room/dining/kitchen area and huge lower level make this a great home for entertaining. There are three nice sized bedrooms with ample closet space. Top it off with garage parking and a nice yard and this is a must see! (MLS Number: 71328986)
 

 

What's Nearby: Arlington shops, Public Transportation, Bike Path, Dallin School.
 

 

Listed: $495,000
 

 

Scroll down to see other new listings in Arlington this weekend - Happy house hunting!
 

 

SINGLE FAMILY
 

 

Address
 
Rooms
 
Bed
 
Bath
 
Style
 
Price
 
2 Arthur Rd.
 
8
 
3
 
2f
 
Raised Ranch
 
$459,000
 
53 Kensington Park
 
8
 
3
 
3f
 
Raised Ranch
 
$659,000
 

 

CONDO
 

 

Address
 
Rooms
 
Bed
 
Bath
 
Style
 
Price
 
14 Arizona Terr. U:6
 
3
 
1
 
1f
 
Mid-Rise
 
$129,000
 
1 Watermill Pl. U:222
 
3
 
1
 
1f 1h
 
Mid-Rise
 
$259,000
 
5 Damon Park U:1
 
5
 
2
 
1f
 
Detached
 
$289,000
 
100 Forest Ave. U:100
 
6
 
3
 
1f
 
Townhouse
 
$317,000
 
88 Park Ave. U:402
 
4
 
2
 
2f
 
Mid-Rise
 
$359,900
 
2 Glenbrook Ln. U:9
 
6
 
2
 
2f 1h
 
Townhouse
 
$375,000
 
27 Burch St. U:1
 
7
 
2
 
1f 1h
 
2/3 Family
 
$429,900
 
10 Whittemore St. U:10
 
10
 
5
 
1f 1h
 
Townhouse
 
$539,000
 

 

MULTI-FAMILY
 

 

Address
 
Rooms
 
Bed
 
Bath
 
Style
 
Price
 
 
6-8 Williams St.
 
 
10
 
4
 
2f
 
2 Family - 2 Units Up/Down
 
$549,000
 

 

 

New Construction Builds Momentum

In 2002 there were 20 single-family new home construction building permits in Arlington, MA. In 2010, there was one.

 

Bids for new construction in Arlington have been on the decline for a number of years. This is due in part to the real estate market which has been a 'bear' but also because of limited undeveloped land. 
On a national level, the 2012 forecast for new construction will be below-normal but trending up - and there are some bright spots popping up, too. A Construction Industry Forecast 2012 on About.com ranks the Boston area in the top five construction markets:

 

Boston - Will be one of the best housing markets during 2012...Housing prices will increase again after suffering only modest declines in the downturn. 
According to the Professional Builder's 2012 Market Outlook Survey, builders are optimistic about growth in 2012, with remodeling activities as the largest growth opportunity (36.8 percent), followed by building energy-efficient homes (33.3 percent), diversifying service offerings (29.9 percent), focusing on upscale clientele (27.0 percent), and light-commercial work (25.3 percent).
So fear not, those of you who dream of sleek counter tops and stunning bathrooms untouched by previous owners. There are a number of new construction and renovated homes in and around Arlington queued up for the coming weeks and months. We'll keep you updated on these and other upcoming 'developments.'
Town
Property

 

Type

 

Availability

 

Arlington

 

 

50% sold! Only 2 units left
New construction

 

Available now

 

Arlington

 

 

Only 1 unit left! Unit B sold in 5 days
New construction

 

Available now

 

Lexington

 

Single family

 

New construction

 

March

 

Arlington

 

Single family

 

Renovation

 

April

 

Arlington

 

Single family

 

Gorham Street
Renovation

 

Spring

 

Burlington

 

Single family

 

31 homes
New construction

 

Fall

 

Medford

 

4 units

 

New construction

 

Fall

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    Spotlight: Arlington Home of the Week: 15 Beacon Street

    It's February in New England. This is the time of year when we all get a little squirrely and start thinking ahead to longer days and warmer nights:
     

    ·         Daylight Savings: 23 days
     

     

    ·         St. Patrick's Day: 29 Days
     

     

    ·         First day of Spring: 32 days
     

     

    ·         April Fool's day: 44 days (or is it?)
     

     

    ·         Red Sox home opener: 49 days
     

     

    Luckily, real estate doesn't have an off season and we have a fresh crop of open houses on deck to keep us going through the winter. Spring is just around the corner (see above). If you're thinking of moving, this is the time when you want to get a jump on the market.
     

     

    Here's an example of a great new attached single to get you started.
     

    15 Beacon Street: This is a stunning new attached single built by Callahan Company, a well-known local developer. Enter through a tranquil courtyard into an open floor plan that is perfect for entertaining. Exquisite attention to detail such as high ceilings, oversized windows, added built-ins, extra moldings, and high-end finishes make this a special place to call home. This home features 3 beds, 2 ½ baths, garage parking, 2nd floor laundry, huge 3rd floor which can be used as family room or office. Finish it off with a basement and yard space and this place has it all! Click 15 Beacon Streetfor additional info (MLS Number: 71334132).


     

    What's Nearby: Arlington shops, Public Transportation, Bike Path, Thompson School.
     

     

    Listed: $679,000
     

     

    Scroll down to other new listings in Arlington this weekend - Happy house hunting!
     

     

    SINGLE FAMILY
     

     

    Address
     
    Rooms
     
    Bed
     
    Bath
     
    Style
     
    Price
     
    106 Newport Rd.
     
    7
     
    3
     
    1f 1h
     
    Colonial
     
    $614,500
     
    35 Hutchinson Rd.
     
    10
     
    5
     
    3f 1h
     
    Colonial
     
    $819,000
     

     

    CONDO
     


     

    Address
     
    Rooms
     
    Bed
     
    Bath
     
    Style
     
    Price
     
    16 Old Colony Ln. U:2
     
    3
     
    1
     
    1f 0h
     
    Low-Rise
     
    $167,000
     
    17 Plymouth St. U:17
     
    5
     
    2
     
    1f 0h
     
    2/3 Family
     
    $339,000
     

     

    MULTI-FAMILY
     

     

     
    Address
     
    Rooms
     
    Bed
     
    Bath
     
    Style
     
    Price
     
    129-131 Madison Ave.
     
    12
     
    5
     
    3f 0h
     
    2 Family - 2 Up/Down
     
    $424,950
     
    28 Fordham St.
     
    11
     
    4
     
    2f 0h
     
    2 Family - 2 Up/Down
     
    $540,000
     

     

     

    Find Your Real Estate Match!

    Of all of the homes you search online, all of the open houses you go to - very few will be compatible with you specifically. But if you are lucky enough to find a home that you're happy with - you will have a lifetime of memories.

     

    Ever wonder what real estate listings would look like if they were posted like a personal ad? Probably not, but we thought it would be fun to put a Valentine's Day spin on some of these Arlington properties:
    ·         Attractive single-family home (SFH) seeks owner to share a future.  This is a mature home that has not let itself go. Put your feet up in the evening and watch the sunsets from the deck. 225 Mystic Street, MLS #71334112
    ·         Do you like an active lifestyle? This new construction is right on the Minuteman Bikepath and has a sunny personality. Its Energy Star Rating makes this home a real catch! 6 Summer Hill Circle, MLS #71319109
    ·         Leave your baggage at the door because this house will welcome you with open arms. Stable and well-constructed, this is a home built for entertaining. It won't last long though, don't let this home be the one that got away!  15 Beacon Street, MLS #71334132

     ·         Do you like pina coladas, and getting caught in the rain? Not only does this home have depth and character- with skylights, walk-ins and a private patio -proximity to Arlington shops and restaurants makes it a fun and lively spot too! 36 Warren Street MLS # 71331490

    Contact the Home Advantage Team today and let us be your real estate matchmaker.

     Happy Valentine's Day!

    When Does it Pay to Accessorize?

    When you think of an accessory, you might imagine dangly earrings and bangle bracelets. In real estate we're referring to a smaller second unit within a single-family home, usually for an older family member or nanny.

     

    This week, Arlington Town Meeting members are deciding whether the town should allow accessory apartments. Certainly there are advantages to the accessory apartment. Here are a few:
    ·         Provides an additional source of income
    ·         Eases burden on families caring for elderly parents
    ·         Eases burden on families in need of in-home care for children
    ·         Provides accommodations at relatively low cost without adding much demand on public services
    The town will still need to determine conditions of owning an accessory apartment, such as having units owner-occupied, permits, lot size, etc.

    Given the number of boomerang children moving back home with their parents after college and the increasing number of families caring for elderly parents, accessory apartments could alleviate much of the financial burden that comes along with each of those scenarios. Results of a survey as to whether Arlington should amend its zoning bylaw to allow accessory apartments will be presented tonight, 7:30 p.m., at the Arlington Redevelopment Board's meeting. The board meets at Town Hall Annex's conference room on the second floor.

    Smooth Move: Q&A with Olympia Moving and Storage

    Do you remember the one where Ross, Chandler and Rachel are trying to get the couch up the stairs? Sometimes no matter how hard you try, 'the pivot' just doesn't work - and that's when you need to call in the big dogs.
    Olympia Moving & Storage has been saving friendships (and backs) in the greater Boston area for almost 20 years. Keven Doherty, Sales Manager for Olympia Moving & Storage, took a few moments to fill us in on some of the behind-the-scenes activity that keeps people moving, including:
     

    ·         The number one rule for a smooth move
     

     

    ·         The most common item left behind by clients
     

     

    ·         The importance of onsite estimates
     

     

    ·         Why they moved a piano up 50 flights of stairs in the Prudential Center

     

     

    Tell us a little bit about your role at Olympia Moving & Storage.
     

     

    My role at Olympia is in the residential sales division.  I work with realtors and home owners on all aspects of their upcoming move; from staging, to packing, to moving, to unpacking and everything in between.  Moving can be overwhelming and it's my job to alleviate as much stress as possible, as well as getting you settled into your new home as quickly and efficiently as possible.
     

     

    What sets Olympia Moving apart from other moving companies in the area?
     

     

    Our people.  All of our crew members are full time employees of Olympia Moving and that is rare in the moving industry.  We have dedicated fulltime staff members across our sales, operations, customer service and accounting departments. We have been in business for almost 20 years and currently more than 80% of our business is referral based.  Those referrals come directly from those who have used us in the past, and industry professionals who - while putting their reputation on the line - are entrusting their client to our care.
     

     

    Roughly speaking, how many moves do you and your teams handle in a year?
     

     

    Last year we conducted close to 4,000 moves between our two locations in MA and Washington DC.
     

     

    Anyone who has moved knows that it can be a complicated process. How do you handle all of the last minute changes, i.e., change in moving dates, storage required, truck size needed, number of movers available?
     

     

    Communication! Communication is one of our top priorities and we stay in constant contact with each other and our clients.  We have made significant investments in technology that allows everyone involved in the clients' move to communicate and share information.  For example, the estimate is printed onsite and downloaded into our main system.  Customer Service contacts the customer upon the job booking. Customer Service then communicates with the client seven days prior to the move and also two days prior to the move.  Notes about access and other issues are downloaded and updated throughout the process.  The Operations team prints all materials the night before the move and these are given to the crew the morning of. Things change constantly and quickly when moving, but we have the right people in place to make sure no matter what is needed the job gets done quickly and efficiently.
     

     

    What do people most underestimate about the moving process?
     

     

    How long it takes and how difficult it can be!  Moving the entire contents of a home from one location to another is a time consuming process.  All furniture needs to be protected, loaded onto a truck, unloaded then set up in your new home.  Disassembly is sometimes required due to access issues which in turn require reassembly.  Often times a piece or pieces will need to be hoisted out, or hoisted in through a window or over a balcony because it won't fit through the door or up a staircase.  Long carries to and from a truck due to parking availability or truck access can add to the time needed as well. 
     

     

    All of these things can change an estimate dramatically, which is why we like to go out and provide our estimates onsite.  It allows us to accurately prepare our estimates and alert our crews to anything out of the ordinary that will be required.  Most importantly, it allows us to provide the customer with a realistic expectation on time and money for the move.
     

     

    You handle major corporate moves to college kids moving across town. Is there any move too big or too small to handle?
     

     

    There literally is no move too big or too small.  We take pride in the fact that we are large enough to handle a move from anywhere in the world to anywhere in the world, but have kept our rates competitive enough to handle a move from one floor of a house to another. 
     

     

    What do you consider the top 3 most important tips when preparing to move?
     

     

    1) Only call on a company that was referred directly to you by someone who they have used or worked with. 
     

     

    2) If packing yourself, do not wait until the last minute.  People always under estimate how time-consuming packing can be.  The biggest reason for a move going over estimate is because a home is not completely packed up and ready to go. 
     

     

    3) Have a plan in place for your new location.  Know where you want things to go so they are only moved once.  Have all boxes labeled as to what room you want them placed in.  Measure rooms to ensure that all the furniture will fit where you would like us to put it. 
     

     

    If you could tell people, "Before you lock the door behind you, double check that you....." What would it be?
     

     

    We do a walk through with the client after the truck is loaded to ensure nothing is left behind.  Surprisingly, one of the most common items left are the keys to the new place!  So I would say "to always make sure you have the keys to your new home before locking up."
     

     

    What are the benefits of using storage before/during/after a move?
     

     

    Storage is beneficial for staging your home.  We offer a "de-clutter" service to customers who need to clear out some items so their home shows how the realtor/stager has suggested.  Storage after a move has been beneficial to those downsizing that have less room then before, but want to hold onto certain items for loved ones or friends. 
     

     

    What's the most unique item you've ever had to move?
     

     

    Well, maybe not the most unique item, but we did move a piano up 50 flights of stairs in the Prudential Center to raise money for Cystic Fibrosis.  That was a pretty unique day!
     

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      Spotlight: Arlington Home of the Week: 225 Mystic Street

      Super Bowl + Patriots + Best Sports Fans in the Country = One crazy fun February day in New England. But remember, you have to pace yourself - no one wants to see you snoring in the dip at half time. So why not get out, get some fresh air and go check out some open houses before you put the dog in a Brady jersey and paint your face in red, white and blue. Here's one that is new this weekend:


       

      225 Mystic Street: What's more patriotic than this beautifully restored antique farmhouse situated on a fenced corner lot? Built in 1860, this home has received numerous updates throughout the years and is in move-in ready condition. Experience this gorgeous kitchen with a great layout, beautiful cabinets and granite. There are 2 spacious bedrooms, natural woodwork throughout, gleaming hardwood floors, custom shutters, and numerous updates that make this a perfect place to call home. Get your umbrella drinks ready and enjoy your summer out on the deck.
       

      What's Nearby: Arlington shops, Public Transportation, Bike Path, Bishop School.


       

      Listed: $395,000
       

       

      Next Open House:  Sunday, February 05, 2012, 11:30 AM to 1:00 PM
       

       

      Scroll down to other new listings in Arlington this weekend - Happy house hunting, and go Pats!
       

       

      SINGLE FAMILY
       

       

      Address
       
      Rooms
       
      Bed
       
      Bath
       
      Style
       
      Price
       
      225 Mystic St.
       
      6
       
      2
       
      1f 0h
       
      Antique
       
      $395,000
       
      97 Woodside Ln.
       
      8
       
      4
       
      2f 1h
       
      Colonial
       
      $516,000
       
      25 Hathaway Cir.
       
      10
       
      3
       
      2f 0h
       
      Split Entry
       
      $569,000
       
      22 Montague St.
       
      8
       
      3
       
      1f 1h
       
      Colonial
       
      $573,000
       
      10 Morton Rd.
       
      7
       
      3
       
      2f 0h
       
      Cape
       
      $615,000
       

       

      CONDO

       

      Address
       
      Rooms
       
      Bed
       
      Bath
       
      Style
       
      Price
       
      14 Arizona Terr. U:9
       
      3
       
      1
       
      1f 0h
       
      Mid-Rise
       
      $129,000
       
      1 Watermill Pl. U:130
       
      3
       
      1
       
      1f 1h
       
      Mid-Rise
       
      $265,000
       
      264 Mass.  Ave. U:205
       
      3
       
      1
       
      1f 0h
       
      Garden
       
      $329,000
       
      14 Rockaway Ln. U:14
       
      5
       
      2
       
      1f 1h
       
      Half-Duplex
       
      $338,000
       
      78-80 Warren St. U:2
       
      7
       
      3
       
      2f 0h
       
      2/3 Family
       
      $474,900
       
      17 Beacon St. U:17
       
      7
       
      3
       
      2f 1h
       
      Townhouse
       
      $649,900
       
      15 Beacon St. U:B
       
      8
       
      3
       
      2f 1h
       
      Attached
       
      $679,000
       

       

      MULTI-FAMILY
       

       

      Address
       
      Rooms
       
      Bed
       
      Bath
       
      Style
       
      Price
       
      72-74 Hamlet St.
       
      12
       
      4
       
      2f 0h
       
      2 Family
       
      $539,000
       
      56 Wyman Terr.
       
      12
       
      5
       
      2f 0h
       
      2 Family - 2 Units Up/Down
       
      $699,900
       

       

       

      The New Face of the First-Time Home Buyer

      Grandma Moses didn't start painting until she was 80. Julia Child didn't learn to cook until she was almost 40. Ricardo Montalban had his dream house built at the age of 68 when he was finally financially able to do so.

       

      It's never too late for a 'first,' and you're never too old (or too young) to fulfill your dream of owning a home, as long as - like Ricardo Montalban - you are financially able to do so. 
      Historically, first-time home buyers have fallen into a few predictable categories*:
      ·         Young - more than half of first-time buyers were between 25 and 34 years of age
      ·         Usually married
      ·         Rented prior to purchase of a home
      ·         They have a desire to own their home
      *Data pulled from the National Association of Realtors, Profile of Home Buyers and Sellers 2009
      But these are historically different times. For some, the fallout of the banking crisis has put the dream of buying a home on the backburner. Many people who expected to own a home five years ago are still waiting, and during the waiting process, people change - and so do first-time buyer expectations and priorities.
      The first-time home buyer of 2012 and beyond might be older, and wiser having seen how buying more than one can afford can lead to foreclosure and all kinds of financial messiness. Many would-be first-time buyers have had to move back home to save money rather than rent. But a few extra years of savings makes them a stronger and more attractive buyer.
      First-time home buyers of the future are also more likely to be women - single female buyers account for nearly twice as large a share as single male buyers and account for 23% of first-time buyers.
      First-time buyers are also less deluded than their predecessors. According to Realtor Magazine, they may have big wish lists, but they're also more willing to compromise (just don't expect them to take on a fixer-upper).
      Many first-time homeowners of the bubble-era had unrealistic dreams that were better suited to Fantasy Island. The new face of the first-time home buyer is one that fits the profile of a stronger, financially responsible demographic that is more educated about the realities of homeownership.

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