Boston Real Estate for Sale

This week I was down in New York City, overnight.

I took Acela, which is always a breeze. There’s really no better way to get to and from there (unless you go JetBlue, because they rock!).

On the way back, the train stopped, as it does, always, in Westwood, MA.

Westwood is approximately 21 miles from Boston. There are around 14,000 people living in Westwood.

The median income for a household in the town was $87,394, and the median income for a family was $103,242. There are five elementary schools, one middle school, and one high school (Go Westwood Wildcats!)

In July of 2005, CNN/Money and Money magazine ranked Westwood 13th on its list of the 100 Best Places to Live in the United States. It is one of the wealthiest towns in Massachusetts.

I don’t know much about Westwood, but it seems to have a lot going for it. Convenient location, nice-sized town, conveniently located near major highways (both Route 128 and Route 95), commuter rail (20 minutes to South Station) and you can take Amtrak to Boston or New York City, anytime.

This week, coincidently, the Commonwealth gave final approval to the massive Westwood Station development.

According to the Globe:

The ambitious complex at the corner of Route 128 and Interstate 95 will include 1,000 residences, a hotel, up to 10 office buildings, and popular retailers Target, Eddie Bauer, Barnes & Noble, Coldwater Creek, Chico’s, Talbot’s, J.Jill, and Aeropostale, according to the developers.

Restaurants will include McCormick & Schmick’s Seafood, Italian fare from Brio, a new Japanese concept by Benihana, California Pizza Kitchen, Fleming’s steak house, RA Sushi, and the locally based Not Your Average Joe’s …

… The total development cost is expected to be about $1.5 billion over a decade. At full build, Westwood Station will pay about $15 million a year in taxes to Westwood, up from the $1.1 million the land is generating now.

That’s impressive.

Recently, there were 83 single-family homes for sale in the MLSPIN multiple listing service, with prices from $299,000 to $4.85 million.

A nice 1400 square foot, three bedroom, two bathroom home was listed for $549,000, on a quarter acre of land.

There were NO condominiums listed for sale. Presumably, Westwood Station will include condos as part of the development, which hopefully will bring lower-priced housing along with it.

More: Westwood, MA – wikipedia.org

Also: Huge development set to get state OK – By Thomas C Palmer, Jr, The Boston Globe

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Updated: 1st Q 2018

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