Beautiful and historic Medford is the perfect place to buy your next home. Home values are about to boom as new developments and projects finish in the coming years. Another factor in the ripening housing market is Medford’s low tax and crime rates compared to our like cities, such as Somerville and Malden. All signs are pointing to Medford as the next hot-spot for real estate, and you don’t want to miss your chance to get ahead of the game!
- Meadow Glen Mall
The new development at Meadow Glen Mall will include nationwide stores like PetCo, Wegmans Grocery, Marshall’s, Kohl’s, and Dick’s Sporting Goods. The construction will end up creating 300,000 sq. ft. of retail space. The project is located on Route 16 / Mystic Valley Parkway, easily accessible from I-93 North or South. This essential improvement to the Medford area will rarely be more than a 10-minute drive from anywhere in Medford and will service all of your shopping needs.
- Fast, Easy Access Into and Out of Boston
Medford is comfortably situated just under five miles north of Boston allowing for a variety of commuting options into and out of Boston.
Whether driving down 93 South or catching a bus to the nearest T station Boston will always be easy to access. The MBTA have also announced the Green Line Extension (GLX) project, extending the green line to Tufts University on College Ave. The GLX is predicted to bring 45,000 people per day into Boston by 2030 reducing auto traffic and air pollution.
- Plenty of Outdoor Activities and Options
Medford has over twenty parks and playgrounds spread throughout the entire city, perfect for a walk with the dog or taking the kids out on a Saturday afternoon. The Middlesex Fells Reservation encompasses a large part of northern Medford, and it’s the perfect spot for a run in the woods. The historic Mystic River bisects Medford and has many trees and benches along the bank. A walk along Main Street will reward you with the smells of bakeries and delis that have been family fun and owned for generations. If running through the woods on a Sunday or sitting at your favorite local café enjoying a culturally authentic beverage is what you want, you will find it in Medford.
- A Burgeoning School System
The public school system in Medford has been improving rapidly in recent years, from kindergarten to twelfth grade. There are four elementary schools to ensure that education professionals can have smaller class sizes dedicated to more individual attention for your child.
Medford High School recently redeveloped their athletic fields to a beautiful, state-of-the-art multi-field complex.
Tufts University, one of the top liberal arts colleges in the nation, is located in west Medford and brings many students from all over the world together in a friendly and engaging community. The athletic teams compete in the competitive New England Small College Athletic Conference (NESCAC) and provide good sporting fun for all around.
- Low Residential Property Tax Rates
Medford has one of the lowest residential property tax rates around the Boston area, and Medford’s rate is a whole percentage point less than Somerville’s. The residential tax in Medford for FY2017 is $10.56 per $1,000 of value, whereas in Somerville the FY2017 residential tax rate is $11.67.
Medford has it all and it’s only getting more. If you’re looking to buy a home Medford is where you want to buy it. Quick access to major highways, plenty of parks, a growing school system, great medical facilities–the positives go on and on. A home is an investment, and the best place to invest is Medford. All indicators point to sustained property value growth, and this is an opportunity you don’t want to be late to.