As tempting as it is to just throw all your things into the back of a truck and say "we'll figure it out when we get there," that is not the best way to go about relocating to Worcester, Massachusetts. There's your existing Oakville Ontario real estate to sell, your new Worcester home to find and buy, plus all those concerns like where in the city you want to live and how you're going to pay for your mortgage. Start off by getting an idea of the Worcester real estate market. We've outlined it for you here.
Affordability
Only small children can get away with not considering the financial ramifications of their actions, so if nothing else, make sure you know how much the move will cost. This includes how much you'll be paying for your new home as well as commission for your real estate agent in Brampton and the actual cost of shipping yourself and your stuff across the country. Moving costs depend on your current distance from Worcester, but we can tell you that the average house is listing for about $213,000 in Worcester as of October 2009 and that the average price per square foot is $112.
Future Prospects
Despite the recession and sub prime mortgage crisis that has been raging for the last two years or so, dropping the prices of everything from condos in California to Arlington, Texas real estate, Worcester's home prices are hovering around the same value they were at a year ago, though the number of home sales have dropped, since people have decided to wait on the market. Barring a popularity explosion or natural disaster in the city, we can expect the market values to remain around the same for the next few years as well.
Neighborhoods
Regardless of your lifestyle, you'll probably find a neighborhood to suit you here in Worcester. It's large enough to have a thriving downtown with residential options similar to Toronto condos, safe enough to consider living in the older neighborhoods, and expanding at a rate that warrants the construction of new suburbs. The most popular neighborhoods at present include the Central Business District, Brittan Square, Broadmeadow Brook, West Tatnuck, and Salisbury Street, which list between $76,000 and $436,000.
Home Styles
Located in one of the oldest settled areas of North America, Worcester has its fair share of historical buildings, some of which are private residences. Architectural styles represented here include: Art Deco, Renaissance Revival, Victorian, and Colonial. Those who are looking for a Square One Condominiums style high rise will also not be disappointed, as the downtown area has its fair share of steel and glass constructs, many of which are residential.
|