Medway, MA Real Estate News

By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Although there are 47 single family homes currently on the market for sale in Medway, Ma. But of those 47 homes for sale, 9 of them are flagged as having an offer accepted. So in actuality, there are only 38 homes ready for new buyers in this metrowest community. Over the past 5 years, I've watched the spring inventory of single family homes and it usually hovers around 100 to 110 homes. So it's understandable that buyers are feeling a bit frustrated by the lack of options out there. Because it feels like spring in New England, (tomorrow is supposed to hit close to 60 degrees), buyers expect to see the number of homes they'd generally see later in the season. What's a seller to do? If you're a seller who has a home to list this spring, DON"T WAIT TO LIST. Call me to help you expedite th...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Interesting year in Medway for Real Estate Sales.  It's been a long while since a home for as low as $112k but a small cape in need of repair did sell for that price in 2011 - the lowest price point for a single family home - On the flip side we had another home sell in the new Applegate Development that sold for $1.38 million - Those were the extremes - We had a solid year on the high end and had a few real bargains in town.  To read about the specifics feel free to review the report on Medway's Real Estate Market in 2011.  To compare 2011 to 2010 we can see the market is stabilizing.  Look how similar the numbers look year over year.  
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
ItIt's exciting to note we're one step closer to getting a project manager hired to assist in a detailed design plan for the Thayer Homestead in Medway, an historic homestead abutting our beautiful Choate Park.   Last November the town voted to fund a schematic design to provide more project detail to bring to the town for a final vote to build. The homestead is unique in a number of ways. It's unique because of its historical significance, part of the mill history of Medway. It's also unique because of its beautiful location - on a knoll overlooking the Pond at Choate Park. You may have noticed (and have wondered) what was up with the property which consists of the home, the barn and the beautiful almost 4 acres overlooking the pond. The house itself has been boarded up for a number of...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
A Franklin home has found its new residents! The last work day of the year and these buyers managed to close on the home of their dreams! This home is a classic farmhouse design with a beautiful porch overlooking an idyllic yard - providing peace and serenity with its close to 2 acres of open land. Luckily prior owners had addressed all the worries of buying an antique, replacing systems and windows and then restoring many of the floors. I love the enormous kitchen in this home. It will be the focal point for this new family!    
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Some, maybe most people, in town don't know about Sanford Mills. They're surprised to find out there is a condo complex on the River Charles in Medway situated right at the water falls that can be seen from Sanford St (Lincoln St as it crosses the river into Franklin). The complex has been around since the early 90's as a real estate complex. Prior to that it was vacant for a while, but was once a thriving mill. In fact one of the prior owners whose home I sold in the past few years tells me she remembered when her Grandfather worked there and she was so excited to have one of the units in the building where he was a supervisor. Her unit like some others hat an UNBELIEVABLE view of the water fall over the dam. The complex currently is owner occupied. There are a few rentals (I think les...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Sales for residential homes in November has been running exactly the same as this time last year.  We sold 7 single family homes in November which is exactly the same number of homes in November of 2010.  But that's where the similarities end.   The average list and sale price was lower in 2010.  Does that mean we're seeing appreciation year over year?  No.  In November of 2010, we sold smaller homes with less living area.  In actuality the per sq foot sale price has dropped over 2010  Average Sale$ per Sq ft   has dropped to $136 from $150 per sq ft in November of 2010 - That's about a 10% drop -  Because this is such a small sampling (7 homes and 1 month) I wouldn't make assumptions about the entire year.  Stay tuned for our end of year reporting in about one month.                   ...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Just the right time to be home for th holidays - And these buyers who have moved to Medway from out of state are - truly in their new home for the holiday season!
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
It's that time of year for the Annual Christmas Lighted House Tour. Don't miss this event that raises funds for the annual Medway Christmas Parade. There are 6 beautiful homes decorated for the holidays that will be open for this event. Tickets ($20) can be purchased at the town hall or senior center. Seniors' tickets are only $15. The bonus location this year is the Medway Community Church, where they're celebrating "Celebrate Christmas". The church is offering home made soup and bread and there will be bell ringers providing holiday cheer. The event is for adults (16 and over).  The event takes place Sunday December 11th 3-6pm A great way to get into the holiday cheer! Hope to see you there! For more info - Check out  Millis/Medway News by clicking HERE.
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By Carol-Ann Palmieri, "Cal" the Real Estate Gal
(RE/MAX Executive Realty, Al and Cal Realty Group)
Medway MA Santa Parade and Fireworks Display  Nov 26th 2011 My sisters both live in Medway.   Part of the Thanksgiving weekend festivities always include a short walk down to Main St. to stand with others in welcoming in the Christmas season by watching the Medway MA Santa parade in the crisp cold late November air. For the past 18  years, Medway MA has kicked of the Christmas holiday season with a parade ending with a fireworks display.   This year is no different making it the 19th annual Holiday parade! At 5 pm. on Saturday, November 26th, the parade will start at the Middle School on Holliston St.   It will end right down on Main St at Choate Park.   The fun doesn't stop there!    The festivities end with a terrific fireworks display which never disappoints.   For some reason at thi...
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By Jim Mushinsky
(Centsable Inspection)
A home inspector working in Medway MA is required to perform a home inspection to the Massachusetts Home Inspector Standards of Practice. A copy of the standard will be provided to the client by the home inspector.The MA Home Inspector Standards of Practice is written for the professional home inspector. United Inspection Service has created some easy to read Consumer Information Sheets illustrating what is included and excluded in a Standard MA home inspection. Clear client communications (3c) are one of our core values. See the easy to read one page consumer information sheets for each of the systems in a MA Home Inspection.Visit the Medway MA Home Inspection web page from United Inspection Service for some useful information about homes in Medway MA and the Massachusetts Home Inspect...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Just came from Medway's Special Town Meeting tonight and among other warrants, the warrant that provided monies to take the Thayer Homestead Project to the next Level, was approved. At this point initial concept design was done. The next phase will define this important project in much more detail. We see this location as becoming a village green for Medway. It's in the perfect location for concerts, town events but also private functions. We're so excited that the town is behind us to take this project to the next level! Take a look at a concept animation!
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
   The THAYER HOUSE is a 3+ Acre Property on one of the most attractive spots in Medway - abutting Choate Pond.   As you may know it is historical significance in Medway.  The Thayer family developed that land, built the pond to power the mill across the street (now housing a number of commercial businesses).   Currently owned by the town of Medway, the property has had some structural improvements (mostly in the barn).      In 2010 a committee was formed by the Board of Selectman to consider the future of this property for  the town.  Please come to the Town Meeting on Nov 14th to hear more about the property and the potential for the town.   A vision of the property will be presented.  Don't miss it - This property could become the Gateway to the town's Open Space Vision.      To lear...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
A Special Town Meeting is scheduled for November 14 at 7pm at the High School. If you've been to town meetings years ago, you'll be pleasantly surprised how efficiently the meetings are now run. No longer are you stuck in a meeting that runs until midnight - In fact, one recent meeting finished  in less than 45 min. Medway has well over 12,000 residents and generally I hear there are 150 people that make these meetings which means that 1% of the population gets to make decisions for the other 99% of residents - Make time to be part of the decision making team in Medway.  There are some very interesting things happening in town.  We think you'll find the meeting interesting and uplifting!  If you would like to know more about the town warrant, click here for more info. (Watch my blog thi...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Meet Barbara Fasolino – owner of the Hide Away Hair Studio located at 236 Main Street in Medway.  This is not your ordinary hair salon by any means.  The business has been in operation for over six years and is, for the third year in a row, giving generously back to the community.  This year Barbara will be holding an all-day “Cut for a Cause” to benefit the Cathy and Gayle Memorial Fund (www.cgmf-medway.org) two Medway residents and longtime friends of Fasolino who have both passed away after battling with cancer.     On Friday, November 11th from 9:00am – 6:00pm at the Hide Away Hair Studio, 236 Main Street in Medway, Barbara and her staff will be cutting hair for this wonderful cause.  All of the proceeds for the entire day of sale (haircuts only) will go to the memorial fund.    Oth...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
It’s always beneficial to know what the real estate market is doing in your town from one year to the next. Here are some interesting statistics for Medway: This October 2011 saw 10 homes being sold. Their average list price was $318,850 and their average sale price was $321,672. On top of that, 5 homes are currently under agreement with an average list price of $308,960. The average market time for homes being sold was 111 days and for those under agreement, only 67 days!                                                                Comparatively, October 2010 saw only 4 homes being sold, however, their average list price was $457,150 and their average sale price was $429,250. The average market time was 101 days – fairly similar from one year to the next, but slight increase this yea...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Lots going on in Medway before Halloween! Join the Friends of Choate Park for the 7th Annual Touch-A-Truck event - always a big hit for kids and grown ups alike! The event will be held on Saturday, October 29th at Choate Park from 10:00 a.m. until 1:00 p.m. Admission is $5.00 per person with a maximum of $20.00 per family. Experience up close over 30 different trucks and vehicles while enjoying beautiful Choate Park as well. A Costume Parade will also take place at the beach from 11:00 and 12:00. More excitement follows in the evening with the 6th Annual Pumpkin Walk. This is a free event being held from 6:00 - 8:00 p.m. Folks are encouraged to drop a carved pumpkin (with a tealight) at the tennis courts by 4:30 p.m. (or bring to Touch-A-Truck). Begin the walk around Choate Park and see...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
       MEDWAY HALLOWEEN WEEKEND ACTIVITIES! What a combination!  On Oct 29th Medway celebrates Touch a Truck Day - (10-2pm) at Choate Park - If you have kids or are just a kid at heart, come see (and touch) some of the trucks in this event - THEN later that day - enjoy the Pumpkin Walk - Guaranteed to be THE PLACE with the MOST Pumpkins in the area. -  This family-friendly stroll around Choate Pond is lit by jack-o-lanterns and features hot cider and snacks.  Don’t miss it!
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
Soccer Day and Pumpkin Fair are this Sunday - October 23rd!   Held at the Middle School Complex from 12-3, Soccer Day is a day for the whole family, beginning with the Parade of Champions at 12 noon! This is a huge event in the town of Medway and is fun for the whole family! The games start at 12:30 and all teams play two games. There will be a concession stand, selling hamburgers, hot dogs, drinks, coffee and candy sponsored by Medway Youth Soccer. If you or someone you know would like more information on this great organization, please go to the Medway Soccer Site by clicking here   At the same time and place is the Pumkin Fair being held from 12-4. During or after the soccer games, feel free to visit the Pumpkin Fair and enjoy the activities there for the kids! Crafts, games, pumpkin...
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By Barbara Todaro, Previously Affiliated with The Todaro Team
(RE/MAX Executive Realty - Retired )
Open House Sunday October 23 from 1:00pm to 3:00pm at 6 Summit Road Medway MA-Luxury Home For Sale Overview Maps Photos Features Description 6 Summit Road Medway MA-Video $559,900 Single Family Home Main Features 4 Bedrooms2 Bathrooms1 Partial Bathroom1 UnitInterior: 3,117 sqftLot: 54,930 sqft Location 6 Summit RoadMedwat, MA 02053USA To get updates on open home dates and other property events, please click the "Like" button below: Barbara Todaro RE/MAX Executive Realty(508) 520-9881btodaro@juno.comhttp://www.franklinmahomesales.com Listed by: The Kuney-Todaro Team of RE/MAX Executive Realty Our recent listings Open House Sunday October 23 from 1:00pm to 3:00pm at 6 Summit Road Medway MA-Luxury Home For SaleOpen House Sunday October 23 from 1:00pm to 3:00pm-The Villas at Eagles Nest Fr...
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By Marcia Kramarz, CDPE,LMC,CBR
(Re/Max Executive Realty)
A wise woman once said, “The best response to the long list of social ills is to put into effect the Noah principle. That is, stop looking for credit for predicting the rain, its time to start building an ark.”, I guess you could say, I've observed the Noah Principle in my town of Medway. I’m involved with a committee that has been formed to advise the selectmen about what to do with a particular property in Medway – The Thayer Homestead. The Thayer Homestead is a town owned property that has historic significance. The homestead and barn is still on the property and we, the Thayer Homestead Development Committee (THDC) have recommended a use for the property that will benefit the town and its residents. To learn more about that project, check out my Youtube video when I first started o...
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