The Needle in the Haystack, Newton Luxury Home

The Needle in the Haystack, Newton Luxury Home. With all the inventory of luxury properties available right now in Newton it takes some focus to pull out the wheat from the chaff. In many areas there is not enough inventory on the market right now, but this is not the case with Newton luxury homes. There is 9 months of listings with the average market being 6 months. This makes the Newton Luxury real estate market a Buyers market. Sounds good for the buyers, right? Well it is, but this comes with the caveat that you can get a great deal, not just a good one.

Luxury homes are mostly nice. They have nice kitchens, nice landscaping, many nice amenities so what is the difference, how do you choose? New construction over an older home that has been rehabbed and updated is one difference. People who only want NEW will only look at new. People who like older homes are more willing to consider new as well. Older homes quite often have much larger windows, better craftsmanship and detail work, but may be lacking in insulation.

The big differentiator is price. Price per square foot is an important statistic to check. I have a good friend who always says, “I love snickers bars, but I am not going to pay $5 for one.” This is true in real estate as well. 114 Shornecliffe Road in Newton’s Farlow Hill section of Newton is a great deal. This home is one of the most highly desired neighborhoods. It sits stately on the hill and has amazing views from the third floor. It’s price per square foot is $379 which is almost $30 per square foot below the average. This is not because this house doesn’t compare or exceed in any particular comparison. This house is completely updated and, in fact, includes the Smart House system. It has a three car garage and architecture that is considered the best example of it’s kind in Newton.

114 Shornecliffe Road, Newton MA is a steal at it’s current price. It is listed below it’s assessed value and this is also an indication of the Seller’s desire to sell this home. You owe it to yourself to get a good look at what your money can buy this is the needle in the haystack, Newton Luxury Home