Why Are Certain Massachusetts Homes Still Selling At Ridiculously High Prices?

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Franklin is a very affordable town and the tax rate is very reasonable.  We have beautiful industrial parks and the industry in the town of Franklin helps tremendously to keep the tax rate affordable for the town residents.

Via Kathy Stankard (RE/MAX Executive Realty of Franklin, MA/508-369-5131):

This question was posed by a buyer couple regarding their expectation that the recent recession wouldMassachusetts sign affect home prices in all areas…as in the towns they want to live in.  It has been difficult for them to realize that certain metro west of Boston towns have held their value so well that there has been very little depreciation.  This translates to the harsh reality that purchasing in very desirable towns just outside of Boston means paying a high price to have the opportunity to live here.

An recent article in The Boston Globe online reveals both assessed property values and tax rates for the entire state of Massachusetts.  The percent change in both tax rates and assessed values is also shown with an interactive map so the reader can pinpoint specific communities based on the selected tax year.

The data reveals that the town of Franklin, MA falls just at the midpoint as far as tax rates go.  Franklin has a current 2010 tax rate of $11.07 per $1000 of assessed value.  The town is located 45 south west of Boston and is far more affordable than towns that are bordering the city.

If you are looking to relocate to a more affordable town that offers a multitude of services for all ages, email me for more information about the town of Franklin, MA.

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Kathy Stankard  of The Kelly & Colombo Group at RE/MAX Executive Realty can be reached by cell at 508-369-5131 or via RE/MAX balloonemail

Kathy has been a top producing REALTOR for the past 15 years helping buyers and sellers in the Franklin, MA and metrowest of Boston area.  Feel free to check out her website for more resources and information.

 

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About susanmorrison

After living in Walpole, MA for many years, our family was transferred to the west coast when I was a senior in high school. In 1983, I graduated from Mission San Jose High School in Fremont, California. I am also a 1987 graduate of Providence College with a major in liberal arts and a minor in business administration. I bring to the table many years of sales experience beginning with thirteen years in Corporate Sales at Delta Air Lines. I'm the mother of three children and I'm very active within the Franklin, MA community. I am also a cancer survivor and support the American Cancer Society Charities.

My husband and I have built five homes and I've lived in a variety of other locations including Toronto Canada, Irving Texas and my current home in Franklin, MA. As a result of all my moving around, I came to the conclusion that I was an expert at moving...why not become an expert on the other side of the table? I earned my real estate license in 2004 and believe that I have found my true niche'. I can empathize with my clients on a variety of levels; whether they are buying or selling. And, like so many other good realtors out there, I believe that possessing good communication skills is one of the many keys to success.

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