The City of Cambridge is one of the finest cities in Massachusetts. From quiet, rural neighborhoods to bustling, trendy neighborhoods, the City of Squires draws thinkers, artists, students, professionals, and entrepreneurs to one place. In fact, it’s one of the most expensive and competitive markets to live in. That’s why people from all over the world flock to this wonderful town. And with the huge number of residents, the demand for property in the city has been soaring.
But, as great as these statistics are, there are still a lot of people who don’t have any clue about what is really happening in cambridge real estate prices. They’d rather stay in their current houses and never take a chance on investing in the city’s real estate market because they think that prices are just too high. But that’s not true at all. There are a lot of great things happening in this town, and investing in this place now will never be a bad idea.
A Great Investment Opportunity – Cambridge is indeed a prime spot to invest your money. It has everything that you need to make your investment a successful one it’s a great place to live, work, and play – and at the same time, it has very reasonable property prices. The city’s overall income and disposable income per capita is much higher than the national average, making it a prime locale for investment property. The city’s per-capita income is $4,200, which makes it a great place for a home investment property. When you factor in the low cost of living, the relatively good schools and the comparatively good job market, you get a good combination for a great investment opportunity.
A Good Place to Raise Your Kids – When it comes to raising kids, no city in the country can compare with Cambridge, Massachusetts. The city has consistently ranked well when it comes to school performance and the quality of schools in the state. The city also has some of the best public transportation in the country. That means that you will have a much easier time getting to and from work. The average rental price in cambridge real estate has stayed pretty stable over the years, so it’s a good place to raise your family – and a good place to be in your old age, too.
Central Square and Back Bay – This part of cambridge real estate is currently undergoing major transformation. The area surrounding the central square is being completely revamped as a major commercial and residential development. There are tons of new stores and restaurants opening up in this area. Plus, you can expect a slew of major retailers to come through the gates in the near future, including Whole Foods, Albertsons, and many more. These developments will definitely add value to your home.
Commonwealth Avenue Retail Center – When it comes to shopping in Cambridge, nothing beats the Commonwealth Avenue Retail Center. It’s been a popular shopping destination for decades, and it hasn’t slowed down one bit. It’s a great place to shop for anything from books to clothing. And you can even grab a bite to eat. This is another reason why the average rental price in cambridge real estate has not spiked too much. Many people are still willing to pay the same amount for a home as they would pay for an expensive apartment.
Woburn Commons Park – If you’re looking for an outdoor space to play, you should check out the wobbly brownstones of Woburn Commons Park in Cambridge, Massachusetts. There are also a couple of outdoor activities going on here at all times of the year. There’s always something going on here that you’ll love. The park has also been the backdrop to some great movies, including the remake of Shrek. While the cambridge real estate market hasn’t spiked to the point where this is an excellent move, it’s a good move on the part of the landlord.
The bottom line is that there are a lot of really good properties that Cambridge landlords can choose from. They just need to be willing to do some research and look into things like airbnb cambridge. You can find commercial investors willing to invest in this wonderful city. It’s simply a matter of finding them.