Selling different types of property in Boston
Do you know the different types of real estate?
Sometimes you’re not selling a house. Real estate transactions also include home sales and sales of other types of property. It is important to consider what type of property you have when you start the selling process in Boston. Types of property include:
-
Residential: When you think of real estate, you often think of residential real estate. This can include single-family homes, condominiums, townhomes, duplexes, and mobile homes.
-
Commercial: Another common type of real estate is commercial real estate. Commercial real estate can include office spaces, apartment buildings, mobile home parks, parking lots and garages, stores, and gas stations. In general, office spaces, retail spaces, and multi-family spaces are included in commercial real estate.
-
Industrial: Industrial real estate is similar to commercial real estate, but it’s treated as separate due to the way the property is used. Examples of industrial real estate include manufacturing and production facilities, storage warehouses and distribution centers, power plants, data server centers, and research and development parks.
-
Land: While the definition is self-explanatory, land real estate includes undeveloped land as well as land that is developed for farms, ranches, and orchards. Land real estate can also include areas for planned urban development or lots in a subdivision.
-
Special use: Sometimes, real estate is multipurpose. Special-use real estate, also known as special purpose property, can include recreational facilities, assisted living facilities, and lots that combine office, retail, and residential elements.
Different types of real estate in Boston
Boston is an established city, full of history and colonial architecture. Because of this, you can find a mix of old and new real estate in the city of Boston. The most common types of properties sold include:
- Single-family homes
- Multi-family homes
- Condos
- Commercial properties
- Townhomes
Potential home-sale hurdles
Low housing inventory has heavily impacted the volume of home sales. On top of that, rising interest rates have made it less viable for homeowners to list their properties. These factors, along with a decrease in new construction projects, have led to a seller’s market in Boston. But that doesn’t necessarily mean your sale is secure, nor does it mean that you will get more bang for your buck. In fact, according to RocketHomes, 58.3% of homes sold in Boston were sold for below asking price in 2023.
Sell different types of property with We Buy Ugly Houses®.
When you choose to sell your house to Boston property buyers like We Buy Ugly Houses, you have the opportunity to simplify your sale, regardless of the property type you are selling. Whether you want to sell your house or a rental or commercial property, our process remains simple. In just 3 small steps and 3 short weeks, you can go from cash offer to closing. It works like this:
-
Get a consultation: After you reach out to us, one of our local property specialists in Boston will come over to your property, on your schedule, to assess its condition and features. During this time, we can answer all your questions about us and our process.
-
Receive a cash offer: Once our valuation is complete, we can make a fair cash offer. Our offers are fast, and we can often make an offer on the same day we come over.
-
Schedule a closing date: If you choose to accept our no-obligation offer, we can begin the closing process for you. We can close fast—often in as little as 3 weeks. However, our closing dates are flexible. You, the seller, get to choose the closing date.
Ready to sell your Boston property?
We Buy Ugly Houses can be your reliable cash buyer in Boston when you want a simple, straightforward sale. We buy many different types of properties, and you can sell your property or sell your house “as is”—no need for repairs or cleaning. It’s time to solve your property sale problems. Reach out to us to start your free consultation on your Boston property.
