Buyers Finding Opportunities in Cohasset
July 17, 2008 12:40 pm Luxury Agents, Market Expert, news, resourcesCohasset is the quintessential small New England coastal village, its carefully preserved 18th- and 19th-century homes sharing space with innovative 20th-century architecture.
For all its oceanfront, sandy beaches, spectacular beauty and laid-back charm, Cohasset is only 21 miles southeast of Boston, and all the amenities and culture a city of that size can provide. In short, Cohasset offers the best of both worlds to those residents who commute to work everyday by bus, car or commuter boat from adjoining Hingham. And last year the Boston Commuter MBTA T-Train started service, which cuts travel time to Boston down to 40 minutes, making an easier commute for the bankers, brokers and corporate CEOs who live in Cohasset.
It’s now even better for Cohasset homeowners to enjoy Boston, and then come back home to a village built around a picturesque harbor, sandy beaches and a storybook common with a small duck pond, a variety of fine restaurants and specialty shops.
The Village’s real estate market has not suffered to the extent that the national and state markets have. Home prices are down from their 2003-2004 values, but that makes buying opportunities all the more attractive.
Exquisite luxury properties are available from $1.4 million to more than $13 million and there are two new subdivisions being built by high-end builders, with exceptional homes selling well in the current market. If Boston’s South Shore is the last great growth area in the suburbs, then villages such as Cohasset that have been discovered are understandably drawing excellent buyer interest. This bodes well for future homebuyers.
—Tom Hamilton, Dean & Hamilton Realtors

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