5 Ways Owning a Home in Boston Beats Renting

Today's real estate market has seen a boost in homebuyer motivation, given the rising costs of renting in Boston. Aside from the simple payment aspect of owning a home in Boston (one that goes toward your own mortgage and not your landlord's), there are numerous ways homeownership takes the cake.

For instance, net worth. A homeowner's net worth is over 30 times that of a renter. If you've been on the fence about buying a home in Boston, now might be the time for you to make it happen.

You can make it your own

When you choose homeownership over renting in Boston, you have the opportunity to truly make the spaces your own. The home is yours and you can choose to do with it what you will! There is no need to worry about losing your security deposit simply because you want to renovate the bathroom.

You are investing your money

Think of all of the money you've spent on rent over the years and how you could have applied that to a home in the Boston Metro Area. Each month you are paying a mortgage and through "forced savings" you are investing it in your home instead of spending it on other purchases. Then when the time comes to sell the home and your mortgage is paid off, you will more than likely walk away with a profit!

There are no landlords

When you own a home, there are no landlords to deal with— no landlords to prod about fixing that leaky faucet or one who might raise your rent next year. Owning a home means you are in charge of the home and you don't have to put up with landlords ever again.

You have tax deductions

Owning a home in Boston comes with a few perks, including certain tax deductions. As a homeowner, you have the ability to deduct mortgage interest payments and also eligible expenses like energy-efficient improvements. 

You'll buy less furniture

Did you know that homeowners generally spend less on furniture than renters? Renters tend to think of their homes as temporary and purchase furniture that will simply "fit the space." When you buy a home and settle in for years to come, you purchase pieces that you can see growing with you and those you'll want around for the long haul.

Ready to buy a home in Boston? I'm ready to help! Contact me today to see what's available in your desired neighborhood and how you can start your journey toward homeownership. 

Ken Snyder

Keller Williams Realty Boston-Metro

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Common Paint Mistakes for Boston Home Sellers

With Boston home sellers feeling the itch to move to a new space this summer and Boston homebuyers ready to make an offer, the rush to fit in home projects that will help the process can be daunting. 

One of the most common tasks to take on as a Boston home seller is painting— a little interior paint can go a long way, but so can the common painting mistakes. Avoid these painting blunders as you tackle your to-do list and prepare the property for sale:

Using poor equipment
Just like with any project, you'll want to use the best equipment to get the best results. Pick up quality paintbrushes and rollers, don't hold back in this department. You may be spending $40 to $50 on a gallon of top-notch paint, so invest in great gear up front. 

Don't neglect prep work
There is more to be done before you paint your Boston home than simply putting on old clothing. You'll want to make sure your walls don't need repairs before you start, otherwise you'll notice bumps and cracks later. Start with a clean, smooth surface for the best results.

Keep a smooth paint line
Home improvement expert Bob Vila advises to never overextend your paint roller or brush. Many homeowners will continue with a drop of paint until the brush becomes dry, but don't wait too long! Once the paint starts to break up, it's time to re-dip your brush.

Wasting your leftover paint
If you're one of the Boston homeowners that likes to keep leftover paint on hand for touch-ups, it's important that you take care of the product. Be careful not to let it dry up or the money spent on quality paint will be somewhat wasted. One tip for water-based paints is to place plastic wrap on the surface of the paint and reseal the container. For oil-based, add a few splashes of water on the surface before resealing.

Painting your home in the Boston Metro Area can really freshen the property and give it that something that homebuyers are looking for in today's real estate market. Whether you're painting in the garage, basement or improving the look of every interior space, your home sale could be better off just from this one simple project. 

If you're feeling motivated to sell this year, or have questions about the process, contact me today! 

Ken Snyder

Keller Williams Realty Boston-Metro

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3 Key Ways to Increase Your Boston Home Value

When it comes to selling your home in Boston, it's difficult to find one single homeowner who doesn't want a healthy home value. In fact, many are constantly looking for ways to increase home value before listing. Regardless of what your renovation plans may say, increasing your home value does not have to be expensive— just consider these low-cost ideas:

Put Away Personal Photographs
No contractor involved, no demolition necessary. Simply put your personal photographs in a safe place while homebuyers are touring your property. Why? Boston homebuyers want to feel a connection to a home and as photos are very specific to the homeowner, they can get in the way of that. While you will have many memories in your home, the homebuyer should feel they're in a neutral space when they come inside.

Edit, Edit, Edit
Like I mentioned above, homebuyers are looking for a neutral space, a clean slate when they tour homes in Boston. Does your home boast an open, de-cluttered feel? Even if you think you're already in good shape, take a few minutes to walk around and "edit" your furniture. Remove the big, bulky items, especially if they're blocking a focal point like a fireplace or city view.

Increase Comfortability
Naturally you feel at home in the property— you're the homeowner. But will a Boston homebuyer? When listing your home in the Boston real estate market, it's important to make the buyer feel welcome and that includes playing to the senses. Be sure to mask any odors left behind by pets, play calming music instead of loud, fast-paced tunes, and keep the home's best features in plain sight. 

As your Boston Metro real estate expert, I am happy to help you with the entire selling process— from listing to closing. For everything in between, I can assist you with details on today's Boston real estate market and what homebuyers are attracted to in homes. We will work together to ensure your home sells and that you'll soon be on your way to your next dream home.

Questions about Boston homebuyers or how to sell your home? Contact me today!

Ken Snyder

Keller Williams Realty Boston-Metro

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Boston Nearing Title of Most Walkable City in U.S.

This year as homebuyers set out on their search for properties in Boston, one of the items high on their wish list will be walkability. Today's buyers want to move to an area that can be easily navigated on foot. Well, you're in luck Boston, because the city is quickly becoming the most walkable in the country!

The walkability factor is one of Boston's major strengths—Walk Score even calls Boston a "pedestrian's perfect city"— and it's only going to improve from here on out.

One research group recently analyzed several cities and factors that contribute to their "walkability score," finding the top five to be Washington, D.C., New York, Boston, San Francisco and Chicago. However, according to Curbed Boston, a shakeup is in the works due to new construction which would put Boston in the Number One spot!

The research group took into account the construction and urbanization of Cambridge and the nearby suburbs to arrive at Boston's "walkability score." So where are the best places to live in the city if your plan is to stroll to your various errands, shopping spots, restaurants and nightlife? According to Walk Score, the North End, Chinatown and Bay Village all tied for first place (with a 98 out of possible 100) in terms of walkability in Boston.

The following are considered Boston's most walkable neighborhoods:

North End
The North End is the oldest neighborhood in Boston and today, is one where about 10K residents live. Many people know this area as Boston's "Little Italy" as it is home to many Italian restaurants and shops.

Chinatown
Located close to Boston's downtown shopping and financial district, Chinatown is rich in history, tradition, culture, culinary treasures and unique gifts. It is also the third largest Chinatown in the United States.

Bay Village
Bay Village is relatively quiet with little traffic, making it ideal for pedestrians. It is also located nearby numerous parks and gardens like Boston Common and the Boston Public Garden.

Beacon Hill
Beacon Hill describes itself as a "cozy enclave, filled with nearly 10,000 people, more like a village than an anonymous city." This area of Boston is filled with a strong community bond with beautiful homes, shops, and restaurants all within walking distance.

Downtown Crossing
Downtown Crossing is a shopping district located east of Boston Common and west of the financial district. With large department stores and souvenir sellers alike, this neighborhood also has streets closed to traffic which boosts its walkability factor.

As your local Boston real estate expert, I'd love to help you find a home that fits your homebuyer wish list, including one in a walkable neighborhood. Contact me today to find out which neighborhood would best suit your needs!

Ken Snyder

Keller Williams Realty Boston-Metro

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