Greater Boston Market Trends I Fall 2022 I John J. Dean Jr.

Greater Boston Market Trends Fall 2022

Setting the bar for sophisticated real estate

At Engel & Völkers Boston, we embrace our city’s simple ethos — work hard, play hard, treat clients like family. Our advisors work each transaction with the same care and diligence as if they were purchasing or selling themselves.

We’re not just the most successful in the area, we reflect the Engel & Völkers’ culture of teamwork, passion, and expertise. With state-ofthe-art real estate tools and technology, global luxury brand recognition and unrivaled market and marketing dexterity, we deliver concierge class service during the purchase or sale process and beyond.

Call on us for your next transaction. Our bold strategies and individual counsel are crafted to impart the information you’ll need to make informed decisions in an increasingly complex real estate marketplace.

Engel & Völkers Americas 2022 Q3 in Review: Finishing out the year strong ! 2022 Q3 in Review Video

7 Eagles Nest Lane I Boxford 2 Acre Lot I 4 Bedrooms I 2.5 Bathrooms I 2,943 sq ft

Incredible Post and Beam historical home on a picturesque Boxford cul-de-sac. Gorgeous 2-acre level lot with stone walls and planting beds is surrounded by expansive newly constructed homes. Gracious fire placed living and formal dining are both highlighted by warm wood flooring, exposed beams and oversized windows allowing for sun splashed living and entertaining spilling onto big rear patio overlooking the lawns. Big eat-in kitchen with breakfast nook and first floor laundry room. Enjoy plenty of cabinet storage with stone-topped workspaces and stainless steel appliances adjacent to sky lit great room with wood burning stove and sliders to deck.

160 Beacon Street, Unit 1I Back Bay

Parlor Duplex I 2 Bedrooms I 2 Bathrooms I 1,500 sq ft

Stunning south facing duplex on the River side of Bea con between Berkeley & Clarendon with direct access parking. Grand Beaux Arts brownstone with a majes tic lobby opens directly into elegant living and dining spaces offering views of the Back Bay streetscape through oversized windows. Beautiful designer and vintage finishes complement 12’ ceilings with original plaster moldings, ornate fireplace and inspired custom built-ins. Sleek white cabinetry and premium stainless steel define a contemporary chef’s kitchen. Generous bedrooms with excellent storage and marble baths round out the living spaces.

From the substantial crown molding down to the lovely wide pine flooring, this home oozes comfort. You’ll find a fireplace tucked into the corner of the living room. The smartly designed 2019 kitchen renovation spared no expense, starting with the floor to ceiling custom cabinetry, quartz counters and Bosch stainless steel appliances. The bathroom is a sanctuary – it is spacious and boasts upgraded cabinetry, timeless tile choices, designer lighting and soaking tub. This home features 2019 central air conditioning, accent lighting throughout, in-unit Bosch washer and dryer (vented!). The large back yard is common space shared with only two other units.

Fall Property Spotlight

340 Commonwealth Avenue, Unit 2 I Back Bay

Direct Elevator Access I 2 Bedrooms I 2 Bathrooms I 1,215 sq ft

Back Bay Beauty on sought after Comm Ave. Enjoy classic detail & clean understated style throughout this generous 2 bed / 2 marble bath floor-thru home. Elevator opens directly to your home where you are greeted by an elegant marble foyer open to a spacious L/R w marble gas FP & mantle, crown moldings, separate DR / den / study both w tall bow windows & remarkable views of the Commonwealth Mall. The newly refinished inlaid hardwood floors are a luxurious touch as well as tray ceilings & details throughout. Prepare meals as a chef in your custom S/S kitchen w plenty of cabinet space & generous granite countertops to enjoy your favorites.

172 Green Street, Unit 5 I Jamaica Plain

Urban Loft I 2 Bedrooms I 2 Bathrooms I 1,215sq ft

Incredible one-of-a-kind urban loft living space locat ed in a turn of the century carriage factory. This newly renovated 2 bed and 2 full baths offers all the charac teristics of a loft but fully modernized. Tons of natural light with south-facing oversized windows complete with new Shade Store blinds; exposed brick walls and wood beams; and gorgeous wood floors. Open floor plan lends itself to entertaining with a chef’s kitchen equipped with gas cooking, tons of storage, and custom-built granite counter that can serve as a dining area. Spacious primary bedroom and large ensuite bath with double vanity. Enjoy a large second bedroom or home office with brand new guest bath.

41 Dana Street, #5 I Cambridge

Deeded Parking I 3 Bedrooms I 2 Bathrooms I 1,325 sq ft

Enjoy sunlit elegance at this Mid-Cambridge 3-bed, 2-bath duplex on a very desirable street. Wide open living and dining with soaring 10 foot ceilings and lots of oversized windows ideal for entertaining with sliders to big fenced yard. Chef’s kitchen with sleek flat-front cabinetry, stone-topped workspaces with stainless appliances and cool breakfast bar. Gallery hall offers a great space to display your art and photos and offers separation from the coveted 1st floor bedroom and full bath. Upper floor offers 2 large bedrooms with great closets, another full bath and in-unit laundry. Warm wood flooring throughout and deeded parking round out this property.

Back

Data per MLSPIN

Back Bay’s rich history and trendy restaurants,shoppingandnightlifecreate a vibrant atmosphere everyone wants to be part of. Our own office is located in the heart of Back Bay and we can attest to the majestic bustle! The number of condos sold decreased 19% year-overyear in the third quarter. The average sales price decreased due to a lack of inventory and overall market conditions. The current median list price for a condo in the Back Bay is $ 2,675,000 with 103 units on the market.

Beacon

Brick row houses with beautiful doors and gaslit cobblestone sidewalks lined with window boxes all add to the charm and mystique that can only be found in Beacon Hill. The number of condos sold dropped 41% year-over-year in the third quarterwhileaveragesalepriceremained steady. Days on market has dropped pointing to a fast moving market and we predict more inventory to come on the market in the coming weeks. The current median list price for a condo in Beacon Hill is $2,900,000 with 49 units currently on the market.

Data per MLSPIN

Neighborhood Market Trends

Q3 2021 169 37 $1,012,501 100%

Q3 2022 103 35 $1,063,076 100%

Brookline offers a rare mix of urban living in an attractive suburban atmosphere. Its variety of restaurants, shopping and iconic cultural institutions backdropped against an acclaimed public school system make it singularly appealing. The number of condos sold dropped 39% year-overyear for the third quarter. The average sales price increased and days on market dropped slightly showing a well paced market. The current median list price for a condo in Brookline is $1,187,500 with 94 active listings. The single family market remains fast moving with low inventory of only 18 homes for sale with a median list price of $3,399,500.

Data per MLSPIN

Cambridge

Cambridge is located directly across the Charles River from Boston. It’s home to world famous universities, highly-rated public schools and an immense civic pride in its vibrant cultural scene. The number of condos sold decreased 22% year-over-year in the third quarter. The averagesalespricejumped10%anddays on market decreased 24%. Our listings in Cambridge are not lasting long! With students and professionals alike heading back to the Cambridge market, we are suretoseeastrongendtotheFallmarket in your neighborhood.

Cambridge Featured Listing 41 Dana Street, Unit 5

Enjoy sunlit elegance at this Mid-Cambridge 3-bed, 2-bath duplex on a very desirable street. Wide open living and dining with soaring 10 foot ceilings and lots of oversized windows ideal for entertaining with sliders to big fenced yard. Chef’s kitchen with sleek flat-front cabinetry, stone-topped workspaces with stainless appliances and cool breakfast bar. Gallery hall offers a great space to display your art and photos and offers separation from the coveted 1st floor bedroom and full bath. Upper floor offers 2 large bedrooms with great closets, another full bath and in-unit laundry. Warm wood flooring throughout and deeded parking round out this property. Outside, enjoy the many delights of living mid-way between Harvard and Central Squares. All the dining, shopping and nightlife are at your doorstep just a block from Ringe & Latin and the Library as well as world class universities to feed your mind. Great commuter options by bike, public transit and car along Mass Pike and Route 2.

Charlestown is steeped in history with brick townhouses in a waterfront neighborhood that is home to the Bunker Hill Monument, the Navy Yard and endless stories of its colorful past. This quarter, the number of condos sold dipped 20%. The average days on market dropped 42%, yet the average sale price increased 12%. Over the past fouryearsthe “pricepersquarefoot”has remained very steady. We recently listed and sold a fabulous single family in your neighborhoodfortopprice-callformore information!

Charlestown Featured Listing 52 Sullivan Street, Unit 2

Style and sophistication sets this home apart from most Charlestown properties. Built in mid1800s, this brick Mansard House stands out from the typical wood dwellings. A spacious 2 bed / 1.5 bath unit with gorgeous historic features throughout like soaring ceilings, marble fireplaces, oversized windows with plantation shutters, wide plank floors, original crown molding and a distinctive curved corner room. Enter this sun-drenched, second floor corner unit and be wowed by its expansive living/dining room with a beautiful and unique bay window. Enjoy entertaining in its renovated chef’s kitchen with large island or outside in a shared common patio. Large primary bedroom with en-suite bath, abundance of storage space including a walk-in closet and w/d. Great location and pet-friendly building complete this stunning property!

Jamaica Plain Neighborhood Market Trends

Jamaica Plain is a beloved neighborhood intensely proud of its diverse population and politics with serene green spaces around Jamaica Pond and through the vast Arnold Arboretum and Franklin Park. The number of condos sold decreased 39% year-over-year for the third quarter. Daysonmarkethasdropped,asthepace ofthemarketpicksup.Theaveragesales price has increased 5% - all signs of a strongendtothefallmarketahead!Over the past four years the “price per square foot” has remained very steady.

Data per MLSPIN

Medford

Q3 2021 74 32 $638,366 102% Q3 2022 65 31 $696,096 102%

Medford is one of Boston’s best kept secrets. It’s just minutes from downtown Boston, filled with fabulous restaurants, shops and bars, plus easy access to public transportation - who knew?! The number of condos sold decreased 12% while days on market remained steady in the third quarter. Selling prices are still going over their list price and with an increase of the average sales price of 9%, the market is certainly showing signs of a strong quarter ahead. Over the past four years the “price per square foot” has remained steady with a slight jump in 2022.

Midtown

Boston’s Midtown is centrally located near Boston Common and driven in part by the many full-service buildings. The average sales price jumped 31% with a median list price currently at $2,295,000 and 61 units on the market for sale. Number of listings sold and days on market both decreased. The full service market in the Midtown neighborhood is certainly coming back. Keep an eye out for more information on Midtown’s newest development, The Residences at Winthrop Center.

Move in and see why Millennium Tower Boston is the evolution of luxury residential living! Enjoy the expansive views of the heart of Downtown and beyond from its floor-to-ceiling windows in every room of your city home. Beautiful 2BR/2BA unit with wide-plank Ivory Oak Hardwood Floors throughout and upgraded Gas Fireplace, Poggenpohl kitchen and bath cabinetry, Sub-Zero, Bosch and Thermador appliances with gas cooking, Wine Fridge, In-Unit Laundry and travertine baths, California closets. 1 Valet PARKING SPACE Included! Residents will enjoy 5-star services, doorman, 24-hour concierge, plus access to an exclusive two-story Club with dramatic owner’s lounge offering private dining and bar, screening room, billiard parlor, library, private function room, outdoor terrace, children’s playroom, 75foot lap pool & sauna. Walk to Roche Bros., gourmet grocery, theaters, restaurants, Boston Commons, Waterfront, etc.

Data per MLSPIN

Newton is located just seven miles West of downtown Boston and built around 13 distinctvillagecenters-eachwithitsown character. It’s also home to one of our shops at 77 Union St. in Newton Centrestop by and visit us anytime! With a strong push to move to the suburbs, the number of single family homes dipped 17% year-over-year for the third quarter with lack of inventory still being an issue. In addition, the average sales price of a home increased 18% and is consistently goingoverthelistprice. Ifyouhaveever consideredsellingyourhomeinNewton, now is the time!

North

The North End is one of Boston’s most historic neighborhoods, famous for its iconic streets and historic figures, architecture and amazing culture and restaurants. The number of listings sold remained steady. The average sale price increased drastically by 41% year-overyear in the third quarter. We’re excited to announce our fourth Engel & Völkers locationat345HanoverStreetisofficially open- stop by anytime! We are sure to have some great coffee and pastries on hand at all times.

North End

Sunny front-facing unit in the coveted North End with the iconic bustle of Hanover Street and the quiet of Boston’s Waterfront at your doorstep! High ceilings and warm bamboo flooring enhance a great open layout creating spaces for everything. The 2017 renovation included kitchen, electrical and mul tiple design upgrades. Great chef’s kitchen with shaker-style maple cabinetry and a granite breakfast bar and fabulous designer tiling and fixtures in the bath as of four years ago. Stable association offers common laundry and private deeded storage. Building is non-smoking and pet friendly with easy ac cess to the airport and points around town on Green/Orange/Red and Blue lines. We don’t have space to fully extoll the joys of the food, culture and indoor and outdoor recreation both in the North End neighborhood and surrounding downtown Boston neighborhoods

56

Prince St, Unit 8 I North End Under Agreement

Great two bedroom on an iconic North End street, perfect for first time homebuyers, investor or piedà-terre! Open living and dining with great light, leafy courtyard views and warm hardwood floors. Sweet kitchen with plenty of cabinet storage and stainless stove, fridge, dishwasher. Both bedrooms are nicely sized with good closets and nice light. Be at the heart of it all in a celebrated Boston neigh borhood. Excellent access to all the dining, shop ping, history and charm for which the North End is famous the world over. Easy commuter options in and out of the city by public or private transport.

Seaport

The Seaport District is Boston’s newest neighborhood with an influx of vibrant luxury buildings. The number of condos sold dropped off significantly by 76% year-over-year in the third quarter. The average sale price decreased due to no new recent developments being sold and closed in this quarter. Many units in these luxury buildings are selling, continuing to drive activity in the neighborhood. The St Regis, joining the neighborhood Winter 2022, will be a wonderful luxurious addition!

Somerville

Somerville offers its proud residents an urban/suburban feel with proximity to downtown Boston and many bars, restaurants, coffee shops and parks. The number of condos sold decreased 14% year-over-year for the third quarter. Days on market increased slightly and the average sale price decreased 5%. Somerville continues to be a highly sought after neighborhood. Over the past four years the “price per square foot” has been steadily increasing.

Somerville Featured Property 255 Beacon Street, Unit 4D

Developer’s duplex unit with elevator and 2 garage parking. Endless layout choices with a coveted first level primary bedroom and plumbing for 2 separate units if you like. Spectacular sun-drenched living and dining is great for entertaining with sliders open to a private deck. Galley kitchen with a nice view and lots of sleek white cabinetry for storage and gas cooking. Open, airy primary bedroom has big ensuite bath and excellent walk-in closet. Upper level reveals cathedral style ceilings and several skylights. Massive family room and 3rd bedroom with en-suite bath and access to huge roof deck round out the upper floor. Sited in what is widely considered one of Somerville’s best neighborhoods offering up all the culture, dining and shopping for which it’s so beloved. Easy access to Boston, Cambridge and beyond with great commuter options by public transit or car. Too many lifestyle options to list – see it to believe it!

South End Neighborhood Market Trends

South End Neighborhood Statistics

Q3 2021 144 40 $1,133,659 100%

Q3 2022 137 36 $1,221,974 100%

Data per MLSPIN

The South End is one of the most beloved and popular neighborhoods in the City. It’s iconic brick rowhouses were the first in the nation; add a rich social, shopping and dining scene and it’s no wonder there are so many “lifers!” The number of condos sold year-over-year for the third quarter decreased slightly. The average salespriceincreased8%.Theratioofsale tolistprice(thisistheamountbuyerscan expect to pay) remained the same. In the third quarter of 2022 the average price per square foot increased 9%. There are currently 113 condos on the market with a median list price of $1,450,000.

South End Featured Property Under Agreement for Top Price!

Gorgeous Penthouse Duplex housed in Brick Bowfront on one of the most coveted South End streets. Past a charming front garden and up a lovely curved stair lies sunlit living with leafy streetscape views through oversized windows and warm wood floors crowned by private roofdeck and panoramic skyline views. Open living and dining spaces with thoughtful built-ins and a gas fire are perfect for entertaining and lounging. An exceptional chef’s kitchen offers custom lit and shaker-style cabinetry, granitetopped workspaces and breakfast bar with a wine fridge and full complement of premium Viking appliances. Both bedrooms have lovely views and en-suite baths outfitted with sleek marble/glass tile. Appleton is quaint, tree-lined and most notable for its proximity to Back Bay, Bay Village and the dining, shopping and culture that creates Southenders for life. Glorious roofdeck and recreation draws you outdoors with easy commutes by bike or car. Enjoy your perfect blend of charming and urbane!

32

South

South Boston Neighborhood Statistics

Data per MLSPIN 2021 $806

Boston’s Waterfront, beyond it’s salty air and glorious views, has a rich history as well. It’s home to many full service buildings, the Harborwalk, and New EnglandAquarium.Thenumberofcondos sold decreased 32% year-over-year for the third quarter. The ratio of sale to list price decreased and the average days on marketdecreased27%.Theaverageprice per square foot has remained consistent. With 14 units currently under agreement in the Waterfront and 40 for sale, the market is in full swing.

Boston’s

West

West End Neighborhood Statistics

Q3

The West End, with its glorious Charles River views and iconic Zakim bridge, sits adjacent to the famed Beacon Hill and has many luxury high-rises. It’s also conveniently located near Mass General Hospital, TD Garden (home of the World Champion Boston Celtics and Bruins) and the Museum of Science. The number of listings sold decreased but interest remains strong. If you have ever consideredselling,nowisthetime!There are currently 15 condos on the market with a median list price of $508,950 and 2 under agreement.

West End Featured Property 6 Whittier Place, Unit 16L

Investors! Fantastic city views from your private balcony with views of the Charles River and Zakim Bridge from this large studio condo. This home has room for a queen bed, dining table, chairs, couch, desk, and has an abundance of closet space. High-end designer renovations of interior common areas completed in 2019 include marble lobby, hallways, elevators, unit doors, and lighting. Professionally managed association with 24/7 concierge and onsite management. Landscaped common courtyard. Adjacent to condo are the Clubs at Charles River Park with indoor/outdoor swimming pools and work out facilities. Easy walk to MGH, MEEI, Whole Foods, Beacon Hill, Back Bay, North End, and Financial District. Steps to Esplanade’s walking and bike trails, and MBTA green and red lines.

Engel & Völkers

Engel & Völkers manages a global marketing infrastructure out of our corporate headquarters in Hamburg, Germany that supports our shops and advisors worldwide. This support adds to the targeted marketing strategies delivered by our Americas headquarters in Manhattan to support the local markets served by our Engel & Völkers advisors. Each local shop then leverages the brands national and international resources and reach through its dedicated marketing specialist who works with each advisor to create customized, multi- channel campaigns for each property we market.

Engel & Völkers marketing strategies and offerings are rooted in data and research for optimal results --- at every level. By identifying the unique qualities of a property and placing it in the context of current and trending market conditions, we then identify target market groups and create campaigns to provide maximum exposure of the property alongside messaging and branding to attract the most qualified buyers. Our creative approach is also backed by consumer data and testing to ensure we highlight your property in the best light.

We’re everywhere you want to be.Fully dedicated team of experts

Giving you the EDGE.

Global reach with boutique style is what you can expect when working with an Engel & Völkers advisor here and around the world. Providing unprecedented reach of your property, Engel & Völkers offers the exclusive EDGE (Extensive Domestic & Global Exposure) platform designed to maximize online exposure of your listing to qualified buyers worldwide via a suite of highly trusted and strategic online and mobile marketing partners. But we don’t stop there. With a global network of more than 11,000 real estate professionals in more than 30 countries, we not only reach millions of consumers, but are able to collaborate with our fellow Engel & Völkers advisors to strategically handpick and refer buyers for the specific properties they seek … like yours.

Let us provide the EDGE you need to sell your home and begin your next adventure.

Smart marketing. Extensive exposure.

The world deserves to see it. You deserve to sell it.

Support our Local Restaurants and Businesses

Blue Ribbon Sushi 500A Commonwealth Ave, Boston 02215

Pristine, quality ingredients & attention to every detail define the Blue Ribbon Experience. Blue Rib bon Sushi is the creation of Master Sushi Chef, Toshi Ueki, in collaboration with Chefs Eric and Bruce Bromberg. Blue Ribbon Sushi embodies Toshi-San’s spirit of individuality by offering a truly authentic dining experience. Inspired by their sur roundings, their restaurants are modern neighborhood restaurants with no boundaries.

Little Whale Oyster Bar 314 Newbury St, Boston 02115

Little Whale Oyster Bar is the third seafood concept from Chef Michael Serpa and his team at Serpa Hospitality. It’s an upscale ode to clam shacks, emphasizing traditional New England seafood like fried clams and oysters, clam chow der, and lobster rolls, cold or warm, complemented by a drink list focused on light, crisp, sea food-friendly wines. And since it has a patio, this is a good spot to catch the diminishing sunshine.

Wards Berry Farm 614 South Main St, Sharon 02067

Family farm owned by brothers Jim & Bob Ward who have run the farm since 1982, offering the fin est quality fresh picked fruits and veggies. Their mother, Ann uses family favorite recipes to create her famous fruit jams and jellies, as well as the fresh cookies, muffins, breads and pies. We have picnic areas, children’s play areas, farm activities, a fresh farm store and pick your own options. For Thanksgiving, we offer fresh native turkeys!

If you’ve been craving dumplings, a renowned eat ery will be reopening at a new S. Boston loc—and you will be able to see how the food gets made while you’re there. Mei Mei will open a new dump ling factory, cafe, and classroom in Jan 2023. The dumpling spot will be loc in S. Boston at the Iron Works building. On the cafe menu, there will be lemongrass pork dumplings, cheddar scallion pota to dumplings, and seasonal vegan dumpling.

Mei Mei Coming soon to South Boston

Engel & Völkers Cares

Engel & Völkers Cares

Special Olympics

Engel & Völkers is a proud champion of Special Olympics, specifically focused on creating more inclusive communities through its Athlete Leadership and Play Unified programs. We are committed to giving back to and investing in the neighborhoods our clients desire because these too are the places in which we live, we play and we raise our families.

Engel & Völkers is a proud champion of Special Olympics, specifically focused on creating more inclusive communities through its Athlete Leadership and Play Unified programs. We are committed to giving back to and investing in the neighborhoods our clients desire because these too are the places in which we live, we play and we raise our families.

brokerages and together across time zones and borders—it’s a common good that unites us. Every hour given, every dollar donated, every kind word spoken and every door opened creates opportunities for those who need it most. We believe that in order to lead, we must empower others to do the same.

Special Olympics athletes contribute to our story.

From them we learn, we think differently and realize what we can accomplish as individuals, as local

Special Olympics athletes contribute to our story.

From them we learn, we think differently and realize what we can accomplish as individuals, as local

brokerages and together across time zones and borders—it’s a common good that unites us. Every hour given, every dollar donated, every kind word spoken and every door opened creates opportunities for those who need it most. We believe that in order to lead, we must empower others to do the same.

Ask how our shop specifically contributes to this amazing cause.

Ask how our shop specifically contributes to this amazing cause.

Meridian Realty Group Full Service Property Management

Selling pretty properties isn’t our only goal.

Keeping them pretty is part of our service.

24/7 Full Service Property Management Division

As part of Engel & Völkers’ service, we offer 24/7, full service property management through our sister company, Meridian Realty Group (MRG). Meridian offers wide ranging resources providing hands-on management for owners, investors, residents and their properties. We specialize in associations from three to 100+ units. State-of-the-art management and property accounting systems are in place to electronically pay condo fees, submit work orders, track rental activity for multi-family owners, and provide online access to building documents and monthly financials. We work closely with associations, condominium boards, and single and multi-family owners to establish and implement policies that will enhance quality and property values.

Meridian Realty Group utilizes a unique team approach providing comprehensive residential and multi-family property management services. Our senior principals have over 100 years of combined experience in property management; creating programs and services tailored for each individual client.

Email us today for a free on-site consultation at info@mrgproperty.com

Condo Maintenance Guide

Preventive maintenance is the regular inspection and repair of equipment and facilities to prevent extensive, costly damage from occurring over time. Preventive maintenance can go a long way toward reducing the overall cost of your condominiums, as large expenditures for repairs and replacements can often be avoided by a careful atten tion to detail. Following a thorough condominium preventive maintenance checklist can help you to increase the attractiveness of your property.

Landscaping

Landscaping not only adds value, but can increase the enjoyment of your home. Whether it be in the common or private areas of your association, picking the right plantings and materials is important to maximize enjoyment for all.

Building Overview

Now is a great time to make your front entrance welcoming. Whether it is a fresh coat of paint or a new set of planters, it’s the small inexpensive things that can make a world of difference. Don’t forget to review your vendors from last year. Were you happy with the snow removal, leak repairs, heating, management company responsive ness, etc.? If not, make a couple of calls to see who else might better fit your needs.

Inspections

Perform regular inspections on all equipment and facilities that are subject to damage or normal wear and tear. Inspect such things as roofs, insulation, ventilation systems and appliances to ensure that they are operating safely and efficiently.

Cleaning

Stick to a regular cleaning schedule for fixtures such as air ducts and exterior siding to ensure that dirt, mildew and other buildup does not cause any damage. Clean and replace filters in heating and air conditioning units, as well as appliances such as washing machines and dryers, to prevent fire damage. New or cleaned filters also help to keep electricity costs down, as the appliances can operate more efficiently with an unrestricted flow of air.

Pest Control

Bring pest control specialists into your condominiums at least once per year. Common pests can increase their populations rapidly and can quickly infest an entire property, causing extensive damage to interiors and electrical infrastructure. Act proactively to ensure that pests do not gain a foothold in your properties, and respond quickly to any pest complaints.

Testing

Test emergency equipment such as sprinkler systems, smoke alarms and fire extinguishers to ensure that they re main in working order. Properly maintained safety equipment can prevent a small mishap from becoming a major disaster. Fire escapes need to be certified every 5 years per the Commonwealth of Massachusetts. Elevators need state inspections on a scheduled basis.

Sealants

Reapply all sealants before a problem occurs. Sealants on steps, decks, bricks, exterior paint and window caulking can corrode over time, exposing your property to the risk of internal damage. Keeping on top of these items not only helps to keep your structure strong, it can also cut down on energy, assessments, and repair bills in the future.

CRAFTING BESPOKE HOMEBUYING EXPERIENCES IN

BOSTON.

WE ARE ENGEL & VÖLKERS.

Since 2009, John J. Dean Jr. has worked in the Greater Boston Real Estate Market. In this short time, he has built a successful business helping buyers, sellers and investors make their real estate dreams become a reality. John is top producer in the Boston real estate market and is consistently ranked in the top 10% of all agents statewide. He has been voted the Best of Somerville – Real Estate Consultant in 2016,-2018, Named in the "Who's Who" issue of Boston Agent Magazine and he has been featured in numerous industry periodicals. John is a full-service broker, he understands the local real estate market and actively advocates and negotiates for his clients. He is committed to quality and constant communication to a deliver unique, high quality, experience.

Mr. Dean feels that being a Realtor® is more than joining a professional association; he believes local agents should be involved in their communities. John has served his community in many capacities. As the past President of the Cambridge Association of Real Estate Professionals, he helped to raise more than $175,000 for Our Place, a daycare for homeless children. He sits on the Greater Boston Association of Realtors (GBAR) Political Action Committee and is an active supporter of “Local Heroes”; for example, military, first responders, teachers and nurses. He remains dedicated to donating to organizations such as CHAF (Cambridge Housing Assistance Fund), Special Olympics, Burns Latino Studies Academy, (an elementary school in Hartford, CT) and Toys for Tots. Whether buying or selling, be it your first home, your “forever” home, or an investment, John has the knowledge and experience to deliver the unsurpassed service you deserve. John understands the dynamics of the Greater Boston Real Estate Market and is an expert at educating his clients. He cannot wait to help you achieve your goals as he has helped so many clients before.

Real Estate Advisor

46 Gloucester Street Boston, MA 02115 Mobile: 203-305-0445 johnj.deanjr@evrealestate.com

©2019 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act.

John J. Dean Jr. - Engel & Völkers Boston