Upton Land for Sale

Why Buy Property Here

Upton is a desirable place to buy land, with a location southeast of Worcester and 35 miles west of the City of Boston. Average prices for lots were $524,900 in early 2018.

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Land for Sale

Geographical Information

Over 7,000 people live in this town that prides itself on the amount of open space that it provides. Town-protected permanent conservation areas help keep many of these spaces undisturbed for everyone to enjoy. Having so much open space in town is an asset both for those developing residential and commercial property who want to market their developments most you enjoy to a broader group of prospects.

The adjacent communities include Grafton, Westborough, and Hopkinton to the north; Milford to the east; and Northbridge, Mendon, and Hopedale to the south, putting a lot of places within easy reach. The west side of town constitutes a separate Census-Designated Place of its own, as well as a popular neighborhood, and 2,000 of the town's residents live here.

What Could You Build Here?

Homes

If you've been thinking of ideal locations to develop residential properties that will increase in value over time, this town is a good one to put on the top of your list because of its beauty and the serene atmosphere. The town has a broad selection of homes in several styles that emphasize how much choice home buyers like to have when making their selection.

Developments that include custom-design home plans are popular in this area and likely to attract a lot of attention, especially from buyers who want to upgrade from a smaller home, apartment, or condo. A major selling point is open floor plans, which allow buyers to make the most of their living and kitchen spaces. Even if you're purchasing a lot for building a personal home, keeping these style trends in mind will help guide you in building a home that is likely to have a good resale value.

Apartments

Apartments are also housing types to keep an eye on in this area, with many buyers preferring this option over single-family homes. Townhouse and duplex-style buildings are always popular in any area, and detached-style condos offered for rent have also become popular in the last several years because of their offering a more single-family housing-like setting in a setting that is still maintenance-free.

Some of the options you may wish to consider if using the property to create an apartment complex or community include offering custom floor plans that give buyers more choice over what their space looks like. A clubhouse that offers community amenities is a big selling point for prospective residents who enjoy socializing with their neighbors or making use of fitness facilities. If you choose the undeveloped property area wisely, you might wish to offer prospective residents walking or biking trails that provide a nice taste of the outdoors.

Commercial

Commercial properties are always worth considering, especially with this community being close to Worcester, a popular metro area in its own right. One of the major advantages of commercial space in an area like this is attracting shoppers who want to save themselves a trip.

Some of the commercial space in highest demand here is in two-story buildings on smaller lots. One of the advantages of multi-story buildings is not having to offer a large parking area. If having your building on a well-traveled road is a good option for you, this may be your best way to offer the space without having to deal with adding in extra parking areas.

Retail

Properties ideal for housing stores are also worthy of consideration because of the need extra store space fills for local residents. The more space that the property offers for future development, the more interest you are likely to attract from prospective buyers or renters. Commercial property in this area has seen an increase in prices over the past year, so you don't need to worry nearly as much about whether you enjoy a solid return on your investment or not.

Both residential and commercial investors will enjoy the opportunities that these prospective properties offer. You'll see prices rise, and will likely get a good price should you decide to sell any of the properties you've developed.

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Land for Sale