Resolved Question: should I pay 62k over assessed value for a multi family home in this market?

6 October 2011, 11:44 am

specifically a 3 family home in Medford, MA., USA. It's in good condition but needs some electrical upgrades and a new soil pipe. I've been following the market for single family's on Boston's North Shore and they seem to be going for assessed value or less these days. assessed value is relative in that it trails the market conditions, don't you think? given my north shore single family observations I'd like to know if multi family / investment properties follow a different set of market standards.... Read More »

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