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The Jewel of Boston's Waterfront: The St. Regis

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​Welcome back to the Remmes & Co blog., your trusted source for real estate insights. Today, we introduce you to the epitome of waterfront luxury living in Boston. Prepare to be enchanted as we unveil a gem that redefines elegance, sophistication, and indulgence along the picturesque shores of Boston's waterfront. Nestled majestically on the pristine Seaport of Boston. The St. Regis stands as an architectural marvel, seamlessly blending wave forms to allow for the most panoramic views. 

Boston's Sustainable Luxury: The Four Seasons

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As the historic town of Boston requires constant work to preserve and enhance its unique buildings; The Four Seasons looks forward to the opportunity to innovate. Recent renovations have reminded Bostonians of its one of a kind connection to Back Bay and its enhanced sustainability practices show understanding that its business sustainability is codependent with its environmental sustainability.

Boston Residential Tax Exemption

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The Residential Tax Exemption in Boston is an easy way to reduce your tax bill. You may be eligible to save you thousands based on your property's assessed value. The exemption allows for only one property per party to take advantage. To see if your property is eligible and to complete the application, call the Taxpayer Referral and Assistance Center at 617-635-4287 or navigate to the website Boston City Assessing

Once you click the link, search using your properties street and city address.  Once you identify your property, navigate to the details link in the rightmost column and then the Abatements/Exemptions section. On this page there will be a link to print the application if the property is eligible. Once you have completed the application, drop off or mail it to 1 City Hall Square, Assessing Department Room 301, Boston, MA 02201. 

 

Going with a Green Building; a Lucrative Amenity to Prioritize

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Luxury home buying decisions often come down to the amenities; having a fireplace, fitness center, beachfront, or pool may be the icing on the cake of your dream home. However, one amenity in particular in luxury homes is often overlooked. That is, the measure of its sustainability. 

In addition to the benefit of using fewer limited resources and producing less harmful emissions, green buildings' financial returns are trending upwards. Having a green property increases your asset value by 7-18%. This appreciation is largely because of the high demand and low inventory. The trend has started, but the implementation is still catching up. Additionally, they are on average only 2% more expensive to develop, and reduce 14-19% of operation costs. So needless to say it’s a win win for everyone.

Given this information you may be asking, “how can I tell if the properties I am looking at are green or not?” At Remmes & Co. we like to use the Energy Star Certification and LEED Certification as first measures. 

The Perks of Using an Independent Local Brokerage

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A frequent question our team gets is: should I use a national or independent local brokerage? There are many pros to using a national brokerage and they work for many people. We are focused however on the main perks of using an independent local brokerage. Most notably: their autonomy and knowledge of the local market.

Up first, autonomy in an independent local brokerage means that it has heightened responsiveness and adaptability. Without all encompassing guidelines, they can make additional adjustments to resolve each client’s needs and stay one step ahead. For example, they may have more liberties when tailoring a client’s multi channeled marketing strategy.

Creating Realistic New Year's Resolutions

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Creating New Year's resolutions is a long standing tradition that many consider cliche and can be accompanied by expectations. However, just like shorter term goals, they can be productive when constructed in the right way. The Real Estate business is a prime example of a setting where realistic resolutions can be helpful when you are mindful of the process.

 

 

 

 

End of 2022 Market Update

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Three main factors drove the Real Estate Market in Boston at the end of 2022: 

Mortgage rates, low inventory, and inflation.

Mortgage rates are turning the corner after climbing above 7% and steadily increasing through 2021. This has had a hand in keeping Boston's housing inventory low, remaining fairly constant with a 6% increase from [...]

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