Karen Adelson - Barrett Sotheby's International Realty


This Single-Family in Acton, MA recently sold for $732,500. This Colonial,Garrison style home was sold by Karen Adelson - Barrett Sotheby's International Realty.


53 Lexington Drive, Acton, MA 01720

Single-Family

$749,000
Price
$732,500
Sale Price

8
Rooms
4
Beds
2/1
Full/Half Baths
Amazing location, wonderful home! Desirable Lawsbrook Village -- a neighborhood of young homes offering more than 28 acres of common land with a clubhouse, basketball court, soccer and baseball fields, all near vibrant West Concord Center, commuter train and routes. The perfect setting for this well loved four bedroom, two-and-a-half bath Colonial. An open floor plan features a kitchen with large granite center island and recent stainless appliances open to a fireplaced family room, deck and great backyard. There is also a living room flowing into the dining room on the first floor. The second floor features all four bedrooms including a master suite with large walk-in closet and full bath. Many updates include fresh paint inside and out. A large basement is perfect for storage, but could also be finished for another floor of living space.

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The concept of a starter home is an American tradition that has existed for decades. Buying a starter home makes it possible to achieve homeownership, financial independence, and to build equity and credit while you transition to a larger home.

However, your first home doesn’t need to be a tiny, one-bedroom house with none of the amenities that you want.

In today’s post, we’re going to look at some of the things that are desirable in a first home or starter home, so that you can make the best financial decision now that will help you save more in the long run.

Top things to look for in your first home

1. Resale value

Perhaps the most important thing to think about when buying your first home is the day that you eventually decide to sell it and upgrade. There’s a lot that goes into the purchase value of a home. But, if you maintain the home or even make some upgrades, there’s a good chance you’ll be able to sell it for more than you paid.

Other factors that affect resale value are the location and real estate market trends. While you may not be able to change the economy, you can choose to buy a home that is in a location others will find desirable in the coming years.

2. Size

The cost of your first home will be determined by its location, as mentioned before, but another huge factor will be the size or square-footage of the home and yard.

If you don’t plan on having children in the next few years and don’t currently have kids at home, having several bedrooms and a large backyard probably aren’t huge priorities. This means you’ll be able to save by buying a small home on a small property.

Similarly, if it’s just you and a significant other living in the home, you may be comfortable with just one bathroom for the next few years. These omissions can save you a ton of money on your first starter home.

3. Transportation and proximity

Typically, when people buy their first home they are just getting settled into their career and may still change jobs a few times. Most workers in today’s economy change jobs between 10 and 15 times throughout their career and do so more often toward the beginning.

This means it will make sense for you to buy your first home within commuting distances to companies in your industry.

4. DIY and fixer-uppers

Homes that are in need of repairs or renovations can be a great way to save money and see a return on your investment when you decide to sell. Of course, there are limits to how many repairs are reasonable while still getting your money’s worth from a home.

You’ll know from your home inspection or by doing a walk-through with professional contractors how much work is required to bring the home up to standards. Use those resources to ensure that you’re making a sound financial decision for your first home.


Selling a house is no small feat, particularly in a competitive real estate market. As such, home sellers may be prone to make mistakes if they don't plan ahead for potential pitfalls.

Common home selling mistakes include:

1. Listing a Home Without Performing Housing Market Research

Let's face it – selling a house can be stressful. In many instances, home sellers will want to speed through the home selling journey – something that may lead these sellers to list residences without evaluating the real estate market in advance.

Spending even a few minutes looking at the prices of homes in your city or town may make a world of difference. Ultimately, the more housing market research that you perform, the more likely it becomes that you'll be able to optimize the value of your house.

Take a look at the prices of available homes in your city or town that are similar to your own. Also, evaluate the prices of recently sold houses in your area. With this housing market data at your disposal, you'll be better equipped than ever before to price your residence competitively and boost your chances of a profitable home sale.

2. Accepting an Initial Offer on a Residence

The first offer that you receive on a residence may prove to be the best offer. However, in some cases, the initial offer may fall short of your expectations.

Immediately accepting the initial offer on a residence may prove to be costly. Fortunately, a home seller who understands the housing market can take a data-driven approach to determine how to proceed with any offer, at any time.

Performing a home appraisal before you list your residence can provide valuable insights into a property's value. Then, you can list your house for a competitive price, one that helps generate substantial interest in your house and may lead to offers at, near or above your initial asking price.

In addition, don't forget to consult with a real estate agent. If you receive a home offer and are unsure about whether to accept, reject or counter it, a real estate agent can provide expert advice to help you make an informed decision.

3. Ignoring a Real Estate Agent's Recommendations

A seller's agent is committed to helping you optimize the value of your residence, and this housing market professional will offer recommendations as you sell your house to ensure you that can get the best results possible.

If you ignore a real estate agent's recommendations, you may miss out on a golden opportunity to sell your house. A real estate agent provides housing market analysis and insights, along with honest, unbiased recommendations about how to overcome a wide range of home selling hurdles.

Furthermore, a real estate agent always has a home seller's best interests in mind. This housing market professional also is available to respond to a home seller's questions, guaranteeing that a home seller is fully supported at each stage of the home selling journey.

Ready to sell your house? Collaborate with a real estate agent, and you should have no trouble achieving your desired results.


This Single-Family in Lexington, MA recently sold for $930,000. This Multi-Level style home was sold by Karen Adelson - Barrett Sotheby's International Realty.


15 Winchester Drive, Lexington, MA 02420

Single-Family

$869,000
Price
$930,000
Sale Price

8
Rooms
3
Beds
1/1
Full/Half Baths
Land, land, land...What an opportunity! Buy into the much-desired Sun Valley neighborhood. So rare to own nearly three-quarter acres of sumptuous landscaped grounds at an amazingly affordable price for Lexington. A wonderful mid-century multilevel ahead of its time with large, open, spacious flowing spaces including a 20x14 foot 1st floor family room and walls of windows allowing the uninterrupted views of gorgeous private gardens. Well maintained by these original owners, features include central air, sparkling floors and fresh paint. It's great as is or even better with updates and/or additions that this lot - surrounded by many $2,000,000+ homes - could easily sustain. Being a neighborhood resident, skip the 6+ year waiting list to the amazing Sun Valley Swim and Tennis Association for a modest yearly fee. All this with easy access to great schools, Burlington, Cambridge, and Boston.

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23 Winchester Drive, Lexington, MA 02420

Single-Family

$889,000
Price

9
Rooms
3
Beds
2
Baths
Spectacular 30,000 plus SF of tree fringed, buildable land in the desirable Sun Valley neighborhood is the setting for this trending 2,544 SF expanded mid century multilevel. As you enter, you'll be amazed by the bright open spaces, gleaming hardwood floors, vaulted ceilings and open kitchen. The bedrooms are over sized including a 24' master bedroom. Family room, offices and a bonus room for whatever use you need, and an over sized two car garage. Surrounded by many $2M+ homes, this property could easily sustain any upgrades or rebuilds you may desire. The home is in need of updates such as a new deck and driveway -- these projects are already reflected in the price. Any updates done will bring you pure equity and a chance to move into this substantial home at a reasonable price. An extra bonus, the bond to the coveted Sun Valley Pool and Tennis Club transfers allowing you to skip the 6 year waiting list and become a member immediately.
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Location: 23 Winchester Drive, Lexington, MA 02420    Get Directions

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