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Buying land in Waltham, MA

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Real Estate Agent with Virtual Homes, Real Estate

If you are looking for land for sale in Waltham, MA or are interested in buying land in Waltham, MA this post is for you.  I have had several clients come to me recently looking to take advantage of lower construction costs as a result of a down housing market.  Yes, it is cheaper to build now, however land ain't so cheap!  It never is, it never will be in this area.  There is a limited supply and, as Tony Soprano so elequently put it, "God ain't making any more of it!"

There are a couple of great parcels on the market right now... which are rare finds in Waltham and the surrounding area.  If you are looking to build your dream house, take a look at what Waltham has to offer.  In particular, the lot on Worcester Lane (Piety Corner) which is one of Waltham's oldest and most established neighborhoods as well as the Lots on Matthew Lane, a new subdivision in Pigeon Hill.

161 Winter Street: .21 acres for $269,000

17 Gourmans Court: .14 acres for $279,000

227 Worcester Lane: .69 acres for $399,000

Lots on Rock Lane: 4 lots for sale at $399,000, up to .65 acres.

Lots on Matthew Lane: 8 lots ranging from $499,000 - $659,000 and up to 1.11 acres

 

Things to consider when purchasing land to build:

Utilities:  How much is it going to cost to to get your electricity, sewer & water.  Luckily, in Waltham, city water and sewer is available as well as gas and the developers of subdivisions have already taken care of running electric and telephones to the lots.  You will however, need to find out what your "tap fees" will be to hook into the existing town lines.

Zoning: What is the land zoned for (i.e. is it residential or commerical) how tall can you build, how close to the property lines etc... as well as checking public records to find out what is in development in the area.  You don't want to buy a nice peaceful parcel and find out that a strip mall is going in next door. 

Survey: Have a survey done to ensure that you know where the property lines are and that you are getting what you think you are getting.

Hire a Realtor: When you are purchasing land to build, it's important to have an informed professional to help guide you through the process.  There is a lot of leg work involved, a lot of research and getting the wrong information or misinterpreting the information you gather could have huge implications when drawing up the plans for your new home. 

If you would like more information about buying land in Waltham, MA email me at lori.liveston@virtualhomes.com or register for my search tool.

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About the author: This blog is provided by Lori Liveston, a Realtor with Virtual Homes Real Estate. Lori can be reached via email at lori.liveston@virtualhomes.com or by phone at 781-799-9267. Follow Lori on Twitter @loriliveston

If you are thinking of buying or selling your home, contact me today!  I would love to put my enthusiasm, marketing expertise and dedication to results to work for you.

For a FREE no obligation home search tool sign up at my home search site.

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I service the following towns in Metrowest MA: Waltham, Lexington, Watertown, Billerica, Burlington, Woburn, Newton, Needham, Dedham, Framingham, Ashland, Natick, Hopkinton, Upton, Arlington, Weston, Wayland, Belmont, Concord, Lincoln, Cambridge, Bedford and Winchester.

 

 

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