Real Estate
Grafton One Of The Best Places To Buy A Home In MA: Study
Website LendEDU examined home income, home value and expected population and income growth.
GRAFTON, MA – There's no better time than now to buy a home in Grafton, according to a study from website LendEDU. The site named South and North Grafton 48th and 49th, respectively, on its list of "Best 100 Places to Buy a Home in Massachusetts."
LendEDU based its list off of three parameters – home income to home value ratio, five-year population forecast and five-year income forecast. The measurements were selected because they can influence a homebuyer's investment. If a community is anticipating growth in both population and income, then the return on a buyer's investment will increase over time.
Home income to home value and five-year population forecast were measured on a 40-point scale; five-year income forecast was listed out of 20.
Find out what's happening in Graftonfor free with the latest updates from Patch.
Here's a look at South Grafton's scores:
Value: 19.92
Find out what's happening in Graftonfor free with the latest updates from Patch.
Population: 36.56
Income: 12.14
Total: 68.62
And here's how the site rated North Grafton:
Value: 22.00
Population: 32.92
Income: 12.94
Total: 67.86
>>>Click here for the full list of "Best 100 Places to Buy a Home in Massachusetts"
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