Historic Living, Luxury for the ages Newton MA has a lot to offer. This town has been housing it's people in grand style since the 1600's. It is the birthplace of countless famous and successful people through the years. MLS #: 71746470 114 Shornecliffe Road is one of the beautiful homes on the market right now in Farlow Hill. As is often the case neighborhoods seem to ebb and flow together. New families move in with their young children and nourish them through to the years where they then become empty nesters. It is a very normal process and really does provide opportunity for the savvy buyer.
In Newton this week the new Assessments came out for FY 2015. The towns assessment dictates the taxes the house and property will be liable for to the town. It is a process that happens ongoing and usually follows the sales of homes from the previous year. Because prices have been going up from a look at the Sold Price over the last year, the assessment will follow suit. The 6% gain in average price of sales over the last period of time gets put into the assessment of the houses not for sale during that same time.
A savvy buyer will understand that the relationship between the assessed price and the sold price of homes is always thrown into confusion during this time. You can see houses bought last year for "tear down" prices and they sold in the same year for a luxury price. Rehab's are a third of the market right now in Newton. The savvy buyer will know that these stately, elegant, well built homes of years gone by can be upgraded to todays home technologies, amenities and energy savings. These houses have stood the test of time and will continue to do so. 114 Shornecliffe is having an OPEN HOUSE on Sunday of this week 1-3. Stop buy and see Historic Living, Luxury for the ages Newton MA
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