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Fernwood Estates
A Diverse Community of Active Adults 55+
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Location, Location, Location
Our enviable location is close to upscale shops, award-winning restaurants, museums, gyms, parks, pools, health care, educational institutions, the arts and entertainment, and America’s oldest public rose garden.
Also, our central location provides easy access to Bradley International Airport (20 min), Rt 84, Rt 91,
Rt 291, Rt 9 and Rt 2, as well as, to the local bus line.
Who Lives at Fernwood Estates?
We are a diverse community of individuals with a variety of professional backgrounds and life experiences. A number of our residents are currently employed while others enjoy the freedom to participate in all types of activities.
A Community Committed to Value
Fernwood Estates is committed to a proactive approach to capital improvements aimed at enhancing property values and investment potential.
Due to astute planning, special assessments have not been required to make the following major improvements:
- Painting of the building interior
- Addition of picture frame molding to paneling on all floors
- Redesign and upgrade of front sidewalk
- Upgrade hall carpet on all floors
- Enhanced front lighting installed; all fixtures converted to LED
- Replacement and upgrade of four exterior doors, including new look and enhanced hardware
- Upgrade of domestic water booster pumps to energy efficient design
- Re-coating of all exterior surfaces of the building
- Replace the common area HVAC units
Upcoming projects planned for the next 5-10 years are all funded through current reserves:
- Replace flat roof rubber membrane
- Overhaul elevators' hydraulic system
Reserves are funded from common fees (HOA) and investment income. As of year-end 2023, Replacement Reserves were 95% of the fully funded standard. The average annual increase in fees from 2007 to 2023 is 2.3%.
There are 56 owner-occupied units (100%) and 0 renter-occupied units. No foreclosures have occurred.
Fernwood Estates Association is managed by an owner-elected 5-member Board of Directors, active volunteer committees, and Westford Real Estate Management, a professional property management firm.
As evident throughout, Fernwood Estates residents take great pride in their property and continue to support changes that ensure their investment will grow in value.
Please come and join us!