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Old 04-20-2019, 11:22 AM
 
5,974 posts, read 3,375,964 times
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Quote:
Originally Posted by mwj119 View Post
This is the truth. I would pick Natick over Burlington if I was working in the city, and Burlington if I was working along 95.

Schools are probably pretty close at this point.. As more affluence pours in to each, those test scores will continue to increase, and you'll see both climb higher in comparative lists.
If one is working in the North Station area, downtown, or Kendall, one can catch the commuter rail out of Wilmington or the buses that travel to State St. and Alewife.

Quote:
Originally Posted by r_p View Post
Desirability is subjective.

Natick, however, is surrounded by some of the richest ZIP codes in the entire country. Weston (11th), Wellesley (32nd), Dover (55th), Sherborn (96th) all make it to Bloomberg's 2019 top 100 list. See https://www.bloomberg.com/news/artic...hest-zip-codes (scroll down for the actual list).

Commute to Boston (Back Bay/South Station) is significantly better than Burlington.
Burlington is adjacent to Lexington and Winchester with some high income folks as well. We are now seeing the spillover as wannabe's get priced out. A million dollar house isn't out of the ordinary here anymore.


Natick is a good town as well. I make sales calls there and all I really see of it is Rt. 9 and the Mall area. I'm guessing most folks only see the Burlington Mall and Middlesex Turnpike as well.
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Old 04-21-2019, 07:36 AM
r_p
 
68 posts, read 41,625 times
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Quote:
Originally Posted by robr2 View Post
Burlington is adjacent to Lexington and Winchester with some high income folks as well. We are now seeing the spillover as wannabe's get priced out. A million dollar house isn't out of the ordinary here anymore.
Forget Weston/Wellesley/Dover/Sherborn, when it comes to income, both Lexington and Winchester are behind Metrowest towns such as Wayland/Sudbury and just a notch above Hopkinton. https://www.bostonglobe.com/metro/20...8XO/story.html

Burlington is certainly a great town but the wealth spillover in Natick, is, and will be higher. I have to agree with OP on this.
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Old 04-24-2019, 12:19 PM
 
3,348 posts, read 1,853,153 times
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Quote:
Originally Posted by r_p View Post
Forget Weston/Wellesley/Dover/Sherborn, when it comes to income, both Lexington and Winchester are behind Metrowest towns such as Wayland/Sudbury and just a notch above Hopkinton. https://www.bostonglobe.com/metro/20...8XO/story.html

Burlington is certainly a great town but the wealth spillover in Natick, is, and will be higher. I have to agree with OP on this.
Median income levels should not be confused, in the context of this thread, with current desirability and housing values. Sale prices in Lexington and Winchester are probably now higher than in Dover and definitely in Sherborn, for example. Bedford is likely higher than Sudbury now (crazy, btw). Let's also realize that Concord and Carlisle sit just west of Burlington, too. They share a lot in common with Wayland, Dover, and Sherborn.

Zillow/Movoto/Realtor.Com MLP March 2019
Bedford: $839k
Concord: $1.27M
Lexington: $1.4M
Winchester: $1.39
Carlisle: $939k

Wellesley: $1.78
Sudbury: $781k
Wayland: $849k
Weston: $1.46M
Sherborn: $799k
Dover: $1.5M

We're splitting hairs at this point. Both have seen a massive facelift with the increased cost to own in surrounding communities.

Last edited by mwj119; 04-24-2019 at 12:42 PM..
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Old 04-24-2019, 02:28 PM
 
24 posts, read 18,498 times
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do they have plans of expanding the tiny lot adjacent to the west natick station? there is no parking at the natick center station. for those residents that work in Boston/Cambridge and want to take commuter rail, this will be a big factor as the lot gets full by 7AM or so.
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Old 04-24-2019, 05:56 PM
 
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Quote:
Originally Posted by eeegeek View Post
do they have plans of expanding the tiny lot adjacent to the west natick station? there is no parking at the natick center station. for those residents that work in Boston/Cambridge and want to take commuter rail, this will be a big factor as the lot gets full by 7AM or so.
It doesn't look like there is much room for expansion:

https://www.google.com/maps/place/We...!4d-71.3918351
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Old 04-26-2019, 10:56 AM
r_p
 
68 posts, read 41,625 times
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Quote:
Originally Posted by eeegeek View Post
do they have plans of expanding the tiny lot adjacent to the west natick station? there is no parking at the natick center station. for those residents that work in Boston/Cambridge and want to take commuter rail, this will be a big factor as the lot gets full by 7AM or so.
There is parking at Natick center (Commuter Lot). See
www.natickma.gov/166/Transportation-Parking for fee. Some businesses also offer parking. At West Natick, people also park right next to the station around the scuba diving shop/church. It used to be $100 a month a few years ago. West Newton has a huge parking lot that never fills, in case you need a backup. Not that far, if you are close to the I-90 ramp in North Natick or Wayland.
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Old 04-28-2019, 09:38 PM
 
Location: New England
2,190 posts, read 1,634,518 times
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Quote:
Originally Posted by robr2 View Post
It doesn't look like there is much room for expansion:

https://www.google.com/maps/place/We...!4d-71.3918351
Make it into a garage
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Old 04-29-2019, 01:23 PM
 
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Quote:
Originally Posted by tysmith95 View Post
Make it into a garage
That’s an idea. People will freak though at the time it’ll take and the cost to park when it’s done.
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Old 04-29-2019, 02:46 PM
r_p
 
68 posts, read 41,625 times
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It won't be cheap, certainly not enough to recoup the cost. There was a proposal to build one at Natick Center. See https://www.natickma.gov/1558/Natick...ge-Feasibility for details.

I am not so sure, given that very soon we will have a fleet of autonomous vehicles to take care of the last mile problem.
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Old 04-29-2019, 10:29 PM
 
297 posts, read 380,591 times
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Quote:
Originally Posted by bugelrex View Post
you can definitely afford it, a home is for living. You should rely on rental homes, speculative property, stocks, business for appreciation/investments. Great job on the income and savings, you're doing everything right
night
I will second this advice. Save the home for living. Many in the last recession treated their home like an investment doing crazy things like interest only loans assuming they would see a year-over 10%+ increase in equity. The problem is the good times caught up.

Buy a house to live in that you feel comfortable affording, so much so that you have money left over to invest. You will definitely sleep well at night. One of the best situations in which to find yourself is wash with cash in a poor economy. The economy in its current state is due for a dip, whether it is a full fledged crash or a typical correction is anybody's guess.

Good luck.
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