Located along the North Shore, just minutes from the Boston Logan Airport and the city of Cambridge, Winthrop is one of the most desirable suburbs of Boston. Winthrop is a historical town and one of the oldest neighborhoods in America. Set alongside a gorgeous, sandy New England shoreline, Winthrop boasts views of the Boston skyline and hosts beautiful sunrises along the water. Deer Island is a peninsula in Winthrop with plenty of biking and walking trails and gorgeous city views. As a densely populated neighborhood, Winthrop has a mix of suburban and urban vibes.
The real estate market in the greater Boston area is highly competitive, and Winthrop is no different. Winthrop is popular for anyone wanting to experience the classic New England coast with easy access to the city, and as such has a highly competitive market. If you’re conducting an online home search in the Winthrop area, you might feel overwhelmed by the competition and choices available. This guide will help you narrow down the most essential factors in choosing a new home in Winthrop.
Budget
The most important factor in choosing a new home is your budget. You will want to consider what assets you currently have and what your liquid funds look like for investing in a down payment. If there is any discrepancy between your current funds and the price of your new home, you’ll want to consider financing options as well. It is important to consider not only the cost of your potential home but also the costs of repairs, remodeling, closing costs, and other extra expenses that come with buying a new home. You want to ensure that your budget is flexible enough to cover your new home and any unforeseen expenses.
Location, location, location
After establishing your budget, you’ll need to decide on the location of your home. The location is critical because it’s one aspect of your home that you cannot change. Consider not only the city you want to live in but also where within the city you’d like to reside. How do you spend your leisure time? Will you want to go to the beach regularly? Or will you be commuting into the city and would like easy access to the highway or public transportation? In addition, will you be working or going to school in the area? How important is it to have a short commute? These are important factors in deciding on the location of your home, as your new home will be a long-term investment.
Must-haves versus wants
When shopping for a dream home, it can be easy to get caught up in an extensive list of must-have features. However, it’s important to take the time to sit down and sort through your list and divide the features you’re looking for into must-haves versus wants. Luxury means something different to everyone, so when searching for your luxury home, you need to decide what it means to you. Do you want a waterfront property on the beach? Do you crave quiet and seclusion? Do you want room for a large porch to soak in the cool fall New England nights? Do you need extra space inside for a growing family? Try to consider what are the most important amenities to you and your family versus amenities that would be nice to have. This will help streamline your search and help you find the home that is right for you and within your budget.
Architectural style and lot
When shopping for a new home, you should consider which aspects cannot be changed over the long term. An older kitchen can easily be updated to include marble countertops and a big farmhouse sink, but the architectural style of the house is not so easily changed, nor is the lot size you’re purchasing. Winthrop is a historical town, and many homes reflect this in their classic New England architectural style. It’s also important to consider the lot size when buying a home, particularly if you have plans for the yard area, such as installing a garden, pool, or deck area. This cannot be changed through remodeling and is an important consideration.
Future plans
A home is a long-term investment, and it’s worth considering your future plans as well as the future development of the neighborhood when purchasing a new home. Do you plan to expand your family in the coming years, and will you need space to do so? Or is your nesting family shrinking, and you intend to downsize? These are important factors as you want to choose the correct size and style of home for years to come rather than planning to move again in five or so years.
Just as you want to consider your own plans, you also want to look at the development of the neighborhood. Are there major development plans in the area you’re shopping in? Will the area become more urban, or will it stay secluded? Understanding how the area might change over time will help you choose a location that you can grow into.
Work with Scarlett Tamburro to find your dream Winthrop home
When you’re ready to start your home search, you will need a quality real estate agent to help you. Scarlett Tamburro has decades of experience in the Boston Metro area and comes from a long line of real estate agents. Growing up in the Boston suburbs and living there most of her life, Scarlett knows the ins and outs of the Boston real estate scene. She has the connections, experience, and knowledge needed to help you find the best listings and make a great offer on your dream home. Working with The Agency, Scarlett has access to amazing luxury listings throughout the Boston area and will work to find the optimal listing for you.
