Showing posts with label 02038. Show all posts
Showing posts with label 02038. Show all posts

Saturday, January 8, 2022

02038.com: "Million dollar homes shock no more in Franklin, MA"

Realtor Warren Reynolds has some very interesting statistics on the real estate market in Franklin, MA as he looks back at 2021. A worthy read especially to help inform the ongoing discussion around Franklin housing as well as the need for more affordable housing in Franklin.
 
"Highest home sale in 2021
The highest price paid for a single-family home in Franklin during 2021 was $1,677,900. While decidedly small potatoes in many of the affluent communities throughout Greater Boston, it was the highest price ever paid for a home in Franklin listed on MLS-PIN. 
Before 2021, Franklin’s record-high sale price on MLS-PIN was $1,577,000, which was set in 2020. 
Franklin’s sale price record broken five times in 2021
What’s most noteworthy about 2021’s housing market in Franklin is that the town’s record-high sale price set in 2020 was surpassed FIVE times just one year later in 2021!"

One of the key markers in the demographics study done for Franklin Public Schools in the number of annual home sales. The ability for housing to turnover is one of the factors for population. Franklin had dropped in annual sales during 2020 and has recovered to more of a recent volume with 332 sales.

The number of single-family home sales in Franklin recorded on MLS-PIN during 2021 was significantly higher than the previous year’s total
The number of single-family home sales in Franklin recorded on MLS-PIN during 2021 was significantly higher than the previous year’s total


Continue reading his recap of 2021

Saturday, July 17, 2021

02038.com: "Home Prices Skyrocket In 2021"

"The median sale price of homes in Franklin, MA rose an extraordinary 27% in the first half of 2021, compared to 2020’s first-half median. That’s over a $120K increase in just one year!

At $585,000, the median sale price of single-family homes in Franklin, Massachusetts currently stands 19% above its prior all-time high of $489,900, set back in 2018.

It was a similar story for the overall real estate in Massachusetts: the median home sale price in the Bay State jumped 21% in the first half of the year."

Continue reading the update from Warren Reynolds
https://02038.com/2021/07/home-prices-skyrocket-in-2021/ 

Monday, May 29, 2017

Franklin's downtown: before and after


"It took over two years and $7 million, but Downtown Franklin, MA’s road and streetscape remodeling project was worth the effort and inconvenience.  For many long months in 2015 and 2016, construction equipment and road workers disrupted the downtown area.  But now the “facelift” has Downtown Franklin looking great!  The quickest way to show you the striking success of the enhancements to the downtown district of Franklin, Massachusetts is by this series of “before and after” photos:"


“before and after” photo from 02038.com
“before and after” photo from 02038.com

“before and after” photo from 02038.com
“before and after” photo from 02038.com
Continue reading Warren Reynolds' summary of the changes including the before and after photos http://02038.com/2017/05/downtown-franklin-facelift/



Note: it was indeed more than two years for the second phase of the downtown improvement project. The first phase addressed Emmons, Depot, and Dean Sts and was funded separately from the separate phase, the combined total of the two phases was $7M.

Confirmation of this can be found on the Planning and Community Development page


Tuesday, May 3, 2016

"We've had no problems with people finding the location"


After closing on April 11, the Franklin Public Library re-opened at a temporary location Monday morning. 
That location - at 25 Kenwood Circle - will serve as the library's home while a yearlong, $10.5 million renovation takes place in its main building. 
About 55,000 items from the library's collection were moved to the new address, said Library Director Felicia Oti. Among them were the entire children's collection, all young adult books, DVDs, CDs, Blu-Rays and audiobooks.

Continue reading the article online (subscription may be required)
http://www.milforddailynews.com/news/20160502/frankin-library-reopens-in-temporary-space

Realtor Warren Reynolds has a bunch of photos of the new temporary location on his posting.


New temporary location of Franklin Library
New temporary location of Franklin Library


book racks set up and stocked with part of the full collection
book racks set up and stocked with part of the full collection
Check out more photos in Warren's gallery
http://02038.com/2016/05/franklin-library-opens-at-temporary-home/


From the official Town of Franklin page
While the Public Library is at its temporary location at 25 Kenwood Circle, public transportation is available through GATRA for seniors over the age of 60 and persons with disabilities. Call toll free at 1-800-698-7676 to make a reservation.
http://www.gatra.org/


Monday, September 7, 2015

How do you define 'best' by money spent or results achieved?

Realtor Warren Reynolds does the analysis on the Boston Magazine school rankings to summarizes that the methodology "penalizes Franklin."
"For its 2015 school rankings, Boston Magazine says it chose a methodology that lessens the importance of academic performance (as measured by standardized test scores). Instead, in a self-described effort to reward school districts that spend more money, Boston Magazine says its calculations intentionally favor districts with high costs per pupil, small class sizes and high teacher to pupil ratios:

“. . .we rewarded schools that have smaller class sizes, lower student-to-teacher ratios, and higher rates of per-pupil spending, among other characteristics. In response to criticism of such rankings, we’ve also tried to deemphasize test results. We still take standardized test scores into account—but we reduced the weight of those scores within the overall rankings.”
This “spending over academic performance” weighting seems to have penalized Franklin in Boston Magazine’s analysis. Franklin schools are known for achieving solid test results while spending LESS per pupil than many other top performing school districts in the Commonwealth. The Franklin School District’s limited budget helps keeps Franklin’s real estate taxes a lot lower than most other communities in MA that have good schools, but that seems to count for little in the eyes of Boston Magazine."
screen grab of 02038.com
screen grab of 02038.com


Continue reading Warren's article here:
http://02038.com/2015/09/boston-magazine-rankings-penalize-franklin/

So for good school performance with less out of your pocketbook, chose Franklin!