New construction near Walden Pond
November 13, 2008 7:30 pm Market ExpertCarlisle, Lincoln and Concord—located amidst the picturesque landscape that inspired Ralph Waldo Emerson and Henry David Thoreau—continue to be among the most desirable upscale communities in Greater Boston, just northwest of the city. All of the attributes that contributed to this area’s prominence—traditional architecture, a strong sense of community, highly ranked schools, and quaint commercial districts—continue to drive the luxury market today.
As gas prices rise and people become more environmentally conscious, close-in locations are becoming increasingly popular. Buyers also love to be able to move right in without enduring lengthy renovations, so when you pair new construction with proximity to shopping, dining and commuter train stations, it is a winning combination. Currently offered are some newly constructed homes with 3,500 to 4,500 square feet of high-end finishes close to Concord’s town center, priced at less than $1.5 million. Lot sizes are more modest than the area’s typical half-acre minimums, but the benefits of having so many amenities within walking distance more than compensate for the concession.
These homes are designed with the same New England Colonial architecture that is a trademark of the region, and the charm of Concord’s downtown is a major draw. Although our market has fared better than most of America, this is the perfect time to be looking for any luxury home in the area, because inventory remains plentiful and sellers are motivated to accommodate buyers’ needs.
—Laurie Cadigan, Barrett & Company Real Estate

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