Kristen Dailey | Hanover Real Estate, Braintree Real Estate, Weymouth Real Estate


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Whether you’re renting or buying, transitioning into a new home can be a big step. From the moving costs to the costs associated with deposits, first and last months’ rent, and more, the whole process can be stressful and expensive. But before these worries pop into your mind, you may also be dealing with a tough decision: whether to buy or rent your next home. This can be an extremely hard decision to make and there are many factors that go into it. But by taking the time to think about your needs and understand the implications involved with either decision, you should have confidence as you make this next step in your life. In this post, we’ll discuss some key factors that you should think about as you’re trying to make the decision between buying or renting your next home.

Ready to Settle Down?

Buying a home is a huge step; therefore, you should only pursue purchasing a home if you’re ready to settle down. While you could always move and resell your home, or have it as a rental property, buying a home typically means that you plan to be in the area for quite some time. Do you like to move a lot? Not ready to settle in any specific location for a long period of time? If any of these are true, then renting is probably the best choice at this time.

Maintenance Costs

The costs associated with maintenance is another consideration to make. When you’re renting a property, you simply contact your landlord if the dishwasher isn’t working or if the thermostat is on the fritz. But when you own a home, these costs are up to you. And if serious issues happen like plumbing issues, mold growth or even a fire, then those costly repairs and added stress are in your hands. If you aren’t ready — both mentally and financially — to handle these maintenance tasks, then you may want to stick to renting.

Remodeling Possibilities

Have you ever been renting a home, then felt that the home would be 10x better if there were some renovations? Unfortunately, your hands are tied when renting a home and remodeling or add-ons are typically not allowed. But when you buy, you can make all the changes you want (unless there’s an issue with the HOA). This adds a certain level of flexibility with the homeowner and allows them to make any changes that they see fit.

Payment Control

Another factor to consider is your control of rent or mortgage payments. When you own a home, you accept the price of the home, then that price doesn’t change throughout the term of the loan. When you rent, the landlord can raise or lower the rent, which could leave you in a tough position. That being said, renting can be very beneficial, but the lack of financial control can be a huge disadvantage.

By focusing on the factors above, you can make an educated decision on if it makes sense to buy or rent your next home.


LOCATION, LOCATION, LOCATION! North Hanover 3,000sf Colonial is the next home available in Cushing Hill where the turnover in recent years has this neighborhood bustling w/weekend & after-school activities! This 4 bed, 2.5 bath custom colonial is sited on an awesome corner lot w/ views all around! You will love the sunlit & inviting open floor plan of the 1st flr. The newer custom kitchen offers an oversized peninsula/island & SS appliances, perfect for day-to-day living! The cathedral family room has a wood burning FP & provides access to the backyard & the neighborhood fun. The formal LR & DR allow for multiple uses. The 2nd flr is home to the huge primary bed, 2 walk-in closets & oversized bath. There are 3 more generous-sized bedrooms w/ ample closet space. The basement is unfinished and ready for your expansion ideas. Showings will begin Wed by appt. & throughout the weekend. There will NOT be an Open House so call for private appointments. Offers if any will be reviewed SUN PM

More Info on this Property | New Listing Alerts


184 Cushing Hill Rd, Hanover, MA 02339

North Hanover

Single-Family

$829,900
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
LOCATION, LOCATION, LOCATION! North Hanover 3,000sf Colonial is the next home available in Cushing Hill where the turnover in recent years has this neighborhood bustling w/weekend & after-school activities! This 4 bed, 2.5 bath custom colonial is sited on an awesome corner lot w/ views all around! You will love the sunlit & inviting open floor plan of the 1st flr. The newer custom kitchen offers an oversized peninsula/island & SS appliances, perfect for day-to-day living! The cathedral family room has a wood burning FP & provides access to the backyard & the neighborhood fun. The formal LR & DR allow for multiple uses. The 2nd flr is home to the huge primary bed, 2 walk-in closets & oversized bath. There are 3 more generous-sized bedrooms w/ ample closet space. The basement is unfinished and ready for your expansion ideas. Showings will begin Wed by appt. & throughout the weekend. There will NOT be an Open House so call for private appointments. Offers if any will be reviewed SUN PM
Open House
No scheduled Open Houses

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56 Cedarcrest Rd, Hanover, MA 02339

Single-Family

$634,900
Price

8
Rooms
4
Beds
2
Baths
Private showings begin Friday - Welcome home to one of Hanover's best locations! This commuter & parent's dream off Cedar St, near schools, fields, playgrounds, town & shopping! The current owners have cherished this home for years & are ready to pass it along to new owners. The first floor has a nice open floor plan consisting of a sunny living w/a gas fireplace, a large eat-in kitchen/dining overlooking the HUGE deck that leads out to the in-ground POOL! Down the hall, there are 3 bedrooms & a full bath. The lower level is nicely finished w/ a great family room & many options for an additional bedroom, office, playroom or inlaw? Additionally, there is another full bath/shower & the unfinished side has plenty of storage! The 2 car garage is oversized w/ plenty of room for cars & additional workspace & offers plenty of finished space. The wooded back yard provides privacy & a shed! Bonus: HW floors, newer windows, roof, driveway, septic, Central Air & cul-de-sac! Offer Info attached!
Open House
Sunday
April 11 at 12:30 PM to 2:00 PM
NO APPTS REQUIRED FOR OPEN HOUSE
Cannot make the Open Houses?
Location: 56 Cedarcrest Rd, Hanover, MA 02339    Get Directions

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This Condo in Hanover, MA recently sold for $475,000. This Mid-Rise,Low-Rise style home was sold by Kristen Dailey - SUCCESS! Real Estate.


2 Longwood Lane, Hanover, MA 02339

North Hanover

Condo

$475,000
Price
$475,000
Sale Price

4
Rooms
2
Beds
2
Baths

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