20 Things Most People Don’t Know About Buying Real Estate in Norwood, Walpole, and Westwood
If you’re thinking about buying a home in Norwood, Walpole, or Westwood, there’s more to the market than just home prices and listings. Here are 20 lesser-known insights that can help you make smarter decisions when purchasing a home in these towns.
1. Norwood Has Its Own Electric & Cable Company
Unlike most towns that rely on national utility providers, Norwood has Norwood Light & Broadband, offering lower electricity rates and competitive cable/internet options. This can lead to long-term savings for homeowners compared to surrounding towns.
2. Walpole’s South Side Is Booming
Walpole’s South Side is seeing increased development and rising property values due to recent commercial expansion, new housing projects, and strong commuter access to Boston.
3. Westwood’s Home Prices Are Among the Highest in the Area
Westwood consistently ranks as one of the most desirable and expensive towns in Norfolk County due to its top-rated schools, luxury homes, and commuter convenience via I-95 and Route 128.
4. Norwood’s Rental Market is Strong for Investors
With multiple MBTA commuter rail stations, Norwood attracts renters who work in Boston but prefer suburban living, making multi-family homes a strong investment choice.
5. Walpole’s Adams Farm is a Hidden Gem
Many homebuyers overlook the huge conservation land at Adams Farm, perfect for hiking, biking, and nature lovers, adding to Walpole’s outdoor appeal.
6. Westwood’s University Station is a Game-Changer
With Wegmans, Target, and high-end apartments, University Station in Westwood has boosted property values nearby and increased buyer demand.
7. Homes Near Norwood Hospital Could See Value Increases
With the rebuilding of Norwood Hospital, homes in the surrounding area could see appreciation as medical professionals and hospital staff look for nearby housing.
8. Walpole’s School System is One of the Strongest in the Area
If schools & budget are a priority, Walpole has a highly rated public school system and is often ranked above neighboring towns for academics and student performance.
9. Westwood’s Commuter Rail is a Major Selling Point
Westwood has a dedicated Amtrak and MBTA station (Route 128 station), offering express service to Boston and New York, making it a huge draw for professionals.
10. Norwood Has a Thriving Downtown Scene
Norwood Center is packed with restaurants, shops, and community events, making it an attractive place for buyers looking for walkability and local charm.
11. Walpole Offers More Land and Larger Lots
Compared to Norwood and Westwood, Walpole often has larger lot sizes for a lower price, making it ideal for buyers who want more outdoor space.
12. Westwood’s Home Values Are Increasing Faster Than Nearby Towns
Due to its exclusive neighborhoods and high demand, Westwood’s property values have increased at a faster rate than Walpole and Norwood.
13. Norwood Has Some of the Best First-Time Buyer Opportunities
If you’re a first-time homebuyer, Norwood offers more affordable options than Westwood while still providing excellent schools, commuter access, and local amenities.
14. Walpole’s Historic Homes Offer Character and Value
Walpole has a mix of historic colonial homes and modern new-builds, giving buyers a variety of options depending on their taste.
15. Westwood’s Islington Village is a Hotspot
Islington Village in Westwood is seeing a rise in demand, with new development, small-town charm, and easy commuter access making it a sought-after neighborhood.
16. Norwood’s Property Taxes are More Affordable Than Westwood’s
Westwood has one of the highest property tax rates in the area, while Norwood’s taxes are more budget-friendly, making it appealing for buyers looking for long-term savings.
17. Walpole’s Market is Less Competitive Than Westwood’s
While still competitive, Walpole homes don’t experience the same frenzied bidding wars as Westwood, giving buyers a better chance to negotiate.
18. Norwood’s Public Services are a Major Perk
Norwood offers municipally-owned electric, water, and broadband services, meaning more reliable and cost-effective utilities compared to many surrounding towns.
19. Westwood’s Luxury Homes See High Demand
If you’re looking at luxury homes, expect stiff competition in Westwood, where high-end homes sell quickly due to low inventory and high demand.
20. Walpole Has More New Construction Options
Unlike Westwood and Norwood, Walpole has seen more new home developments, particularly in South Walpole, offering modern homes at a variety of price points.
Final Thoughts
If you’re thinking about buying in Norwood, Walpole, or Westwood, knowing these hidden insights can help you make the right decision and find the best value for your needs.
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