What's your Somerville home worth?
A personalized estimate of what your Somerville home could sell for, prepared by our team from recent sales nearby.
Your free home value estimate
5.0 · 15 Google reviewsPrepared by Grace, Hope or Faith Pettengill
- 1Your address
- 2We research recent sales
- 3Your estimate within 24 hours
The Somerville market
What shapes home values in Somerville
Station proximity
The walk to a Red, Orange or Green Line stop is one of the first things buyers here ask about.
Deeded parking
A driveway or deeded space adds appeal on streets that otherwise depend on resident permits.
Unit position
Whether a condo is the top floor, the middle or the first floor shapes its light, layout and outdoor access.
Quality of conversion
Updated systems, sound insulation between units and clean association paperwork all affect how a converted unit sells.
Somerville's housing was largely built in the late 19th and early 20th centuries for the people who worked in its rail yards, brickworks and factories. Triple-deckers and side-by-side or stacked two-families fill most streets, mixed with Victorian and mansard single-families, especially on the slopes of the hills. A large share of those houses have been converted into condos of one to three units. Newer construction is concentrated at Assembly Row, Union Square and along the Green Line corridor.
Because so many sales are units in small converted buildings, buyers should look closely at the condo documents, how the association handles shared costs and reserves, and whether any parking or yard space is deeded or simply shared by custom. Most streets use resident permit parking. Top-floor units often gain attic space and light, while first-floor units may come with the yard. For a current read on Somerville prices by square or by building type, get in touch and we'll walk you through what has been selling.
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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