Saturday, March 12, 2011

Comparing Homes in Tewksbury

Two homes in Tewksbury, Massachusetts sold yesterday.

Home # 1 at 588 North Street had 1258 sq ft of living, a lot of 12,690 sq ft, 7 rooms, 3 bedrooms, 1.5 baths, built in 1960, on a busy street.

Home # 2 at 10 Woodcrest Drive had 1600 sq ft of living, a lot of 43,560 sq ft, 8 rooms, 3 bedrooms, 2.5 baths, built in 1965, on a cul de sac.

Based upon the above information (I did not see either home), it would be reasonable to assume that home #2 sold for $20,000-$50,000 more that home #1. They both sold for the same amount $290,000.

The reason is that home #1 was renovated/updated and home #2 was not. Conclusion - renovate/update before selling.

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