Westminster Land for Sale
Westminster is a relatively undiscovered gem. Buying land in this area could show immense potential profits in a few years. Plot options are still abundant, either for commercial or residential use and still affordable. According to online data, this area will most likely see steady and continuous growth.
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Land for Sale
It is conveniently located to both Boston and Worcester. There is a lot of community activities, including the High Ridge Wildlife Management Area, Midstate Trail, Crocker Pond Recreation Area and numerous hiking trails. It is also near the Wachusett Mountain Ski Area.
With our vast database of listings updated daily, Boston City Properties can give you up-to-date information in the areas that interest you most. Whether you are looking to expand your investment portfolio or build a home for your family, this city offers enormous potential. With demand growing and scarcity increasing, now is the time to buy in this picturesque area.
The Neighborhood
This town is home to around 8,000 inhabitants. It is located in Worcester County. It covers approximately 37 square miles, of which 5 percent is water. It is not densely populated, having only 215 people per square mile. It consists of only one neighborhood. It is bordered by Fitchburg, Leominster, Princeton, Hubbardston, Gardner and Ashburnham.
This town has a lower median home value than many of Boston's suburbs, coming in at $270,000 as of 2018. Like many of the surrounding cities, it has seen a steady rise in prices over the last few years. According to experts, prices are expected to continue to grow at around 3 percent over the coming year. It is located 60 miles from Boston. Therefore, it would be a longer commute for those working in the city. There is, however, a new commuter rail to Boston.
Land is more affordable in this area and is more plentiful than many other Boston suburbs. There are plots listed as low as $45 per square foot. They range in size from under an acre to over 40 acres. There is still a lot of untapped potential in this family-oriented town. Most of the homes are single-family dwellings.
The Building Options
This area would be an especially good investment location. There are large sections of acreage available with multiple build options and devisable plots. This area should see a lot of new growth, especially as the commute becomes easier and closer locations dwindle. For now, there are available vacant plots here, but in a few years, scarcity will increase.
Retail buildings could see real growth here over the next few years. Make sure to choose the right location and ensure all regulations are met. There are many properties with prime main-road access that are already zoned and ready to go. These properties could be an ideal town for a bed and breakfast, educational or recreational services, cell phone towers or other commercial businesses.
The population in Westminster has increased 22 percent since 2000. The job market has also seen a positive rise. This growth shows the upward trend and interest people have in this area. There are only a few commercial listings available, leaving the options wide-open for a new investor. Commercial properties usually require more capital than a residential home, but also see better profits.
If you love horses, country life or a close-knit community, then building a primary residence in this town could be a dream come true. With proximity to major routes, yet maintaining that small-town feel, now is the perfect time to invest in this area. With prices steadily rising, your dream home may also offer a high return in the future. If you have questions about zoning, permits or the buying process as a whole, contact our expert staff members. We are available and strive to offer the best service in town.
Often overlooked, land offers freedom, creativity and potential profits. Most people simply lack the know-how when it comes to purchasing plots. That is where Boston City Properties can help. When you work with experts, you get results. We have helped many investors and homeowners find plots and navigate the buying process. Call us today or browse our available listings online.
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Land for Sale