What's your Chelsea home worth?
A personalized estimate of what your Chelsea home could sell for, prepared by our team from recent sales nearby.
Your free home value estimate
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- 1Your address
- 2We research recent sales
- 3Your estimate within 24 hours
The Chelsea market
What shapes home values in Chelsea
Transit proximity
A short walk to an SL3 stop or Chelsea commuter rail station draws buyers who work downtown, in the Seaport or at the airport.
Views and elevation
Skyline and water views from Admiral's Hill and higher streets stand out in a densely built city.
Multi-family income
Unit count, condition and existing leases shape how investors and owner-occupants value two- and three-family buildings.
Parking
Off-street or deeded parking can make a meaningful difference on blocks where curb space is limited.
Chelsea's homes are mostly multi-family. Triple-deckers and two-families, many from the early twentieth century, fill the streets around Bellingham Square, Prattville and Cary Square, with brick rowhouses and rebuilt post-fire blocks closer to downtown. The Box District mixes converted factory lofts with newer mid-rise apartment and condo buildings. On Admiral's Hill, condominiums and townhouses sit on the grounds around the former Naval Hospital, while single-family houses are relatively few across the city.
Many Chelsea condos are units in converted triple-deckers or two-families, so it's worth reading the master deed, budget and insurance policy for small associations. Buyers of multi-families should review leases, rent rolls and building code compliance carefully. Low-lying land near Chelsea Creek and the Mystic can fall within flood zones, and parking rules vary by street. If you'd like a clear picture of what Chelsea homes are selling for right now, we can walk you through the latest numbers.
FAQ
Home valuation questions
How is the home value estimate prepared?
A member of our team looks at recent comparable sales near your property, its size, layout, condition and features, and current market conditions. It is prepared by a person who knows the area, not generated by an algorithm.
Is the home valuation really free?
Yes. There is no cost and no obligation to list your home with us.
How long does it take to get my estimate?
We send personalized estimates within 24 hours, usually by email. If we have a question about the property, we may call first.
Is this the same as an appraisal?
No. Our estimate is a comparative market analysis: our professional opinion of a likely sale price based on market data. A formal appraisal is done by a licensed appraiser, usually for a lender during a purchase or refinance.
What happens with my information?
We use it only to prepare your estimate and to contact you about it.
Before you sell
Guide
How to sell a house in Massachusetts
Price the home from recent comparable sales, prepare it and list it, while gathering the paperwork Massachusetts requires: a smoke and CO certificate, the lead paint notification for pre-1978 homes, a home inspection disclosure, and a Title 5 report if you have a septic system. After you accept an offer, your attorney negotiates the Purchase and Sale agreement and handles the deed and deed excise tax at closing.
Read moreCosts & rules
Closing costs in Massachusetts: what buyers and sellers pay
Buyers in Massachusetts pay lender charges, title insurance, their attorney, Registry of Deeds recording fees and prepaid taxes and insurance. Sellers pay the deed excise tax ($2.28 per $500 outside Barnstable County), mortgage discharge recording, their attorney, the smoke and CO certificate and any agreed commission.
Read moreCosts & rules
Massachusetts deed excise tax (transfer stamps)
Outside Barnstable County, the Massachusetts deed excise tax is $2.28 for every $500 of the sale price, or fraction of $500 (about $4.56 per $1,000). The person who signs the deed, the seller in a sale, pays it when the deed is recorded.
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