Brookline property values soar in 2012
If you are looking to purchase one of the homes for sale in Boston, MA, you may want to consider investing in a property in Brookline. The city has seen major growth in the past decade, with property values and population increasing significantly.
In 2000, the estimated median house or condo value was $395,300, and nine years later that price rose to $629,817. Now, in 2012, the median single-family home price is up to $2,433,750, according to ALTOSResearch.
However, Brookline also has a wide array of affordable living options, which give the average homebuyer the opportunity to invest in condos, apartments or smaller homes that have the potential to appreciate in value during the coming years.
With the increases in home prices seen in the area, moving to Brookline and becoming a property owner may be a financially sound decision to make. If you plan to move to the area to raise a family, you'll also be able to take advantage of the relatively small local school system, which enrolls approximately 6,263 children each year.
You can find a home perfect for your needs in Brookline, and with the city located a short subway ride away from downtown Boston, you'll be able to take advantage of the many entertainment and education resources in the area.