Home Buying in 02145>Question Details

mybusinessem…, Home Seller in Somerville, MA

My single family property abuts an area slated by Somerville for TOD. I am zoned RC. Does the TOD add development value to my property?

Asked by mybusinessemail3, Somerville, MA Fri Feb 22, 2013

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I would contact a local real estate professional to help with this answer.
Also,
Drive around and meet people.
Ask those who live there.
Walk and talk.


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0 votes Thank Flag Link Mon Feb 25, 2013
Your property value will more than likely be affected by the TOD. It’s hard to say if it will help or hurt your value without more information. As time goes by and the city’s plan is more concrete you should have a better understanding of its effects on your property. If you’d like to talk about it with more specifics I’d be happy to help. Not knowing your address and the true TOD plans it’s hard to say as of yet. Please let me know if I can help. Good Luck Joanne
0 votes Thank Flag Link Fri Feb 22, 2013
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