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2 years ago I thought about buying shitproperties in Waterbury CT
| demanding locale | 04/29/24 |
Poast new message in this thread
Date: April 29th, 2024 11:56 PM Author: demanding locale Now they are up 160%. FMA
https://www.ctinsider.com/business/article/waterbury-ct-zillow-real-estate-home-values-19409626.php
Waterbury’s Walnut-Orange-Walsh, a gritty section of the state’s fourth-poorest city, came in at No. 1 on the list, with a 153.4 percent leap in home valuation from 2020 to February of this year. A typical home in the neighborhood, valued at $58,038 in 2020, is now worth $147,066.
Adjacent to Waterbury’s central business district, Walnut-Orange-Walsh is surrounded on three sides by other neighborhoods with 100-percent-plus jumps in home value since 2020: New Pac to the north with a 115 percent increase; Berkeley Heights to the east with a 110.6 percent hike; and Crownbrook to the west with a 115.3 percent surge. Other Waterbury neighborhoods with 150-percent-plus increases include Deerfield and Sunset, on the city’s eastern edge, and the Wolcott Road section of the East End. Those triple-digit value increases in four years don’t quite capture the magnitude of the changes: A “typical” home in central Waterbury was likely worth as little as $30,000 in the 1990s — and sale prices in the last year for some homes in the center of town have topped $350,000.
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