Will new development impact local home values? - 11/11/11 10:22 AM
 
Great question!
 
I have a buyer client right now who is interested in a property that has a horse farm across from it on more than 40 acres. The property has land that can be subdivided and built upon. Can we be sure that the land won't be rezoned from residential use to commercial or "other"?
 
It seems like the land would stay zoned as residential and if someone were to develop the land, then it could be a subdivision of new single family homes or townhouses. If so, the value of nearby homes would not be adversely … (0 comments)

82 Pearson, Philly style multi-family, Somerville - 11/11/11 09:25 AM
 
82 Pearson in Somerville 82 Pearson Avenue is a Philadelphia style 3-unit multi-family property in the Davis Square/Ball Square part of Somerville, MA. This is a photo of 82 Pearson taken in 2011 and you can see the windows are boarded up and it looks like some work is needed to restore the property to it best use.
 
What you need to know The property was purchased in 2005 for $775,000 as a 3-family property that was in average condition and each unit is said to have had 5 rooms and 3 beds.
 
In 2008, the financial markets … (2 comments)

 
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Willard Cunningham

Somerville, MA

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Willard Realty Group, Inc.

Address: 1953 Massachusetts Avenue , Suite 400775, Cambridge, MA, 02140

Office Phone: (617) 921-4758

Cell Phone: (617) 921-4758

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