Tammy Morrison Real Estate Inc | Fitchburg MA Real Estate Real Estate


Buying a home will likely be the most important and expensive purchase you ever make. And, although that might seem like a scary commitment, it’s one well worth it. It’s an investment in your future. There are many benefits or perks that come with owning a home.

Equity: Owning your own home typically comes with gaining equity. Every month that you pay your mortgage, you are increasing your equity. And as long as the market continue upwards, your home and the equity you’ve gained will hold significant value.

Privacy: Privacy is a large perk of owning your own home. This is more so possible when owning a single-family home in a rural location, but many duplexes and condos also provide opportunities for privacy. And in many cases, since you own the home,you can put up your own privacy such as planting arborvitae trees along your properties edge.

Tax Advantages: One of the biggest perks when owning a home is the ability to deduct mortgage interest on your federal income taxes. This will be a significant amount for the first few years of your mortgage, making this a huge benefit. Although, the amount of interest paid decreases over the years, there will still be deductible interest paid in the last few years of your mortgage.

Space: Houses will almost always provide you with more space than an apartment—and it will certainly have more space than your childhood bedroom. The space will be all yours, which means not having to share with other renters or your parents. Of course, home location and the market come into play here, but for the most part you will get more square footage for your money—as landlords charge high rents to cover things like water, electricity, snow removal, or still charge high rent prices and do not cover any of those other expenses.

No restrictions: There are many restrictions that come with renting or living in a condominium. These restrictions could include no pets, parking restrictions, outdoor updating restrictions and many other different types of constraints. When you own your own home, you make the rules. If you want to put up a fence, you can. And if you want to put an addition on your house, you can do that too. Just be sure to check with your town before beginning any construction projects.

Establishment: Buying a home provides you the ability to set down roots, to be established. Although, not a benefit to some, it is to many. Buying a home provides you with ownership and a sense of freedom. You now have the opportunity to invest in something that is yours. You can make updates to the bathrooms, add a pool in the backyard, and paint the front door any color you want—because it’s yours.

A home is often the foundation of one’s life and who can deny its appeal with these perks discussed above? So, what are you waiting for? Start your search today!


This Multi-Family in Fitchburg, MA recently sold for $170,000. This style home was sold by Office Fitchburg - Tammy Morrison Real Estate Inc.


82 Central St, Fitchburg, MA 01420

Multi-Family

$174,900
Price
$170,000
Sale Price

3
Units
3,216
Approx. GLA
LONG TIME OWNER OCCUPIED 3 FAMILY READY FOR NEW OWNER! Lots of character and old time charm to this property. Original hardwood flooring and wood work. Fully rented with off street parking. Multi level 3rd Floor with roof deck. Located on small quiet street and close to everything!

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Want to add your house to the real estate market? If you're operating in a seller's market, you may be able to generate plenty of interest in your house as soon as your residence becomes available.

A seller's market commonly features an abundance of homebuyers and a shortage of home sellers. As such, a home seller who lists a high-quality residence in a seller's market could earn a significant profit.

Operating in a seller's market offers many opportunities for home sellers who prepare accordingly. Lucky for you, we're here to ensure you can get the best price for your residence in a seller's market.

Now, let's take a look at three tips to help you optimize the value of your house in a seller's market.

1. Complete a Home Appraisal

A home appraisal will help you understand your house's strengths and weaknesses. That way, you can perform any home improvement projects before you list your residence. You may be able to boost your chances of a quick property sale too.

Typically, a home appraisal requires just a few hours to complete. A home appraiser will visit your residence and inspect it both inside and out. Then, this appraiser will provide you with a report that details your home's condition.

Review the results of a home appraisal report closely. By doing so, you can prioritize various home improvements and work toward transforming your ordinary residence into one that will stand out in a seller's market.

2. Analyze the Housing Market

How does your residence stack up against comparable houses that are currently available? Examine the housing market to find out.

Evaluate the prices of houses that are similar to your own. This may help you establish a realistic price range for your residence.

Also, look at how long recently sold properties were available before they were purchased. This may help you understand how long it might take for you to get the best price for your residence in a seller's market.

3. Collaborate with a Real Estate Agent

When it comes to selling a home, there is no reason to embark on the property selling journey on your own. Thankfully, real estate agents are available in cities and towns nationwide, and these housing market experts are happy to assist you in any way they can.

A real estate agent can provide details about what to expect before you add your residence to a seller's market. He or she will help you plan ahead and ensure your residence features an awe-inspiring exterior and flawless interior that differentiate your property from others.

Moreover, a real estate agent will help you alleviate stress throughout the home selling journey. This housing market professional can respond to your home selling concerns and questions and provide plenty of guidance to help you make informed decisions.

There is no need to leave anything to chance when you list your home in a seller's market. Instead, take advantage of the aforementioned tips, and you should have no trouble stirring up interest in your house.



61 Central St, Fitchburg, MA 01420

Multi-Family

$159,900
Price

2
Units
1,692
Approx. GLA
BEAUTIFULLY UPDATED WITH OLD WORLD CHARM MANSARD 2 FAMILY! Live in one unit with hardwood floors, fire place, granite counter, new appliances and so much more. Earn income from 2nd unit that has long term tenant. Plenty of off street parking and 2 car garage. Best deal in town!
Open House
No scheduled Open Houses

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14 Mill Stone Cir, Templeton, MA 01468

Condo

$184,900
Price

8
Rooms
2
Beds
1/1
Full/Half Baths
OUTSTANDING UPDATED TOWNHOUSE WITH NOTHING TO DO BUT MOVE IN! Newly updated kitchen with maple cabinets, granite counters, tile flooring and top of line appliances. Front to back living room and office with gleaming hardwood floors and pocket doors. Sliders off dinning room to 16x12 Screened in deck. Extra large bedrooms with ceiling fans and new flooring. Dream "man town" in walk out basement with work shop. One car garage with extra parking spaces. Secluded back yard that leads to the rail trail. This unit will not last long!
Open House
No scheduled Open Houses






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