Category Archives: real estate

Seniors at center of Wellesley's new Grossman's lot plan

By bbrown | Published: December 8, 2009
The Townsman reports that the company developing the old Grossman’s lot site in lower falls still plans to build a retail/office building but has changed the focus of its apartment complex to focus on senior citizens.  The plans for the independent and assisted living housing were aired before the Board of Selectmen on Monday. Benefits [...]
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There goes another Wellesley house

By bbrown | Published: November 24, 2009
A stealth photographer sent along this photo of a fresh River Glen Rd. tear-down, not far from another recent demolition. The shutterbug quipped: “Perhaps this activity is an early sign of an improving housing market — or maybe just some builders who don’t know when to stop.” // < ![CDATA[ // < ![CDATA[ // < ![CDATA[ google_ad_client [...]
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Wellesley real estate stats: Good for buyers, bad for sellers

By bbrown | Published: October 26, 2009
Local real estate guy John Prescott blogs about  MLS numbers for the first 9 months of the year and the stats aren’t pretty for Wellesley — unless you’re looking to buy a house. Inventory is up almost 50% vs. the first 9 months of last year.  Median price is down 16.8% and overall sales volumes [...]
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One way to sell a $2 million-plus house in Wellesley

By bbrown | Published: October 6, 2009
Not that Dean Behrend Construction needs any free advertising from us, but it is kind of interesting how they’re going about trying to find a buyer for one of their latest homes, a 5,400-square footer at 169 Grove St. in Wellesley. As part of the Home of Distinction program, the house (shown here, not actual [...]
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Goodbye Wellesley, hello Nouvelle at Natick

By bbrown | Published: October 5, 2009
A Wellesley couple, the Lees, snagged the first of 43 condo units at the schmantzy Nouvelle at Natick sold in a fire sale this weekend. The Lees got their 2-bedroom condo for $355K, according to a Boston Herald story, and that’s about half of the last asking price for the unit, part of the complex [...]
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Wellesley not waiting till last minute on St. James spot

By bbrown | Published: September 28, 2009
The Townsman reports that Wellesley is beginning to explore possible uses for the St. James the Great church parcel on Rte. 9 in the event that the now-5-year vigil to wrest the property from the Archdiocese of Boston doesn’t pan out. Possibilities: The 8 acres could become a single or multi-family plot, or be developed [...]
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Wellesley fares great in Forbes luxury housing index

By bbrown | Published: May 4, 2009
UPDATE: We initially had this backwards because Forbes had it backwards (though we really should have noticed that, so sorry for confusion). We’ve heard a lot about Wellesley’s housing market bucking negative trends over the past year, and a new Forbes index of housing prices in the 500 most expensive neighborhoods in the U.S. by [...]
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Resolving the case of Wellesley's road to nowhere

By bbrown | Published: April 29, 2009
Universal Hub reports on a state appeals court case involving a Wellesley homeowner seeking to build a house near a road that doesn’t exist at the Wellesley/Weston town line: In 2002, Robert Carlson bought the house at 107 Manor Ave., and, being a good Wellesleyite, immediately began making plans to tear it down and replace it [...]
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Another view of Wellesley's real estate market

By bbrown | Published: February 17, 2009
Realtor John Prescott blogs about the Globe’s recent rosy outlook on Wellesley’s real estate market vs. the market in Wayland, etc. Prescott says a closer look at the numbers reveals that Wellesley’s market isn’t exactly going gangbusters: “Real estate in Wellesley is wavering…that is the volume and average sale price plunged dramatically during the first 45 [...]
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Update on The Durant

By bbrown | Published: November 10, 2008
Construction on The Durant, the luxury condo complex being built on the spot of the old Wellesley Inn, is now scheduled for spring, with units expected to be delivered to residents in December of 2010. Back in May, when developers first began publicizing the complex, it was hoped construction would be done by late next [...]
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A family room is born in Wellesley

By bbrown | Published: November 6, 2008
A Natick construction company documents its progress on a new family room at a house on Suffolk Road in Wellesley. Separately, here’s another Wellesley house that’s a work in progress, as described in a blog. Share/Bookmark
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Wellesley real estate roundup

By bbrown | Published: October 17, 2008
This is a work in progress, but have started to compile a new page on our site devoted to Wellesley real estate resources, including blog feeds from local realtors. Suggestions welcome. It’s a work in progress. Share/Bookmark
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Wellesley in exclusive company when it comes to home prices

By bbrown | Published: September 9, 2008
Wellesley didn’t crack the top 10 most expensive places to live in the annual Coldwell Banker Home Price Comparision Index, but it is in some pretty exclusive company. Thirteen markets boasted average home prices of $1 million and only 3 of them were outside of California: Boston, Greenwich, Ct., and Wellesley ($1.2 million). Wellesley ranked [...]
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