preview

Swot Analysis For Boston

Decent Essays
Open Document

7. Kingston

Situated just 35 miles south of Boston, this community is placed in the southeastern part of Massachusetts. The modern community is primarily residential. Many of the residents community using the MBTA Old Colony Train to get to Boston. In addition, the city has top schools and an active community. The primary industries in this seaside community are connected to fishing and cranberry growing.

Right now, the median price for a home in the area is $450,000. The sales price has risen by $75,000 in just the last year. During the same year, the average price per square foot rose from $224 to $238. Since the sales price has risen by 20 percent in just the last year, right now is a good time to enter the marketplace before prices …show more content…

With a growing real estate market, investors can expect a good return on their investment. In addition, the industries within the town bring in new residents and potential business income.

Because of its location, this community is a hot spot for commuters to Boston. Investors can capitalize on this trend by building apartment homes, condos and similar properties. Home buyers and renters are drawn to the area because of its safe environment and excellent schools. This means that property developers can readily find buyers or renters for their new units. In addition, investors always have the option of creating a new business or merely holding the land as well.

While the marketplace is growing, it is not always easy to find the right vacant lot. To begin your journey toward a new property in the area, call Boston City Properties today. We can help you navigate the real estate market and find the exact property that you need. To find out how our team can help, call or email us today.

Discover a Desirable …show more content…

Meanwhile, Route 44 crosses the southern section of the city. Residents will also find the ending points of Routes 53, 80, 27 and 106 within the town. Because the town is the site of a terminus of the MBTA Commuter Rail system, it is a popular place to live for commuters.

Many Types of Developments Are Available

Investors have a number of development options in this community. Since it has remained primarily residential for years, there are many different vacant lots developed. The community's real estate prices are rising, so investors have the option of just buying the lot and leaving it vacant until they sell it.

For a more active investing strategy, individuals can also build a new home, apartment complex or business on their lot. The town has a fairly small number of shopping and dining options, so investors can quickly corner the marketplace. In addition, investors can always create buildings that cater to the local cranberry growing and fishing

Get Access