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ProlapsedMasshole t1_j7e1430 wrote

Look at the Comparable homes listed. It's an order of magnitude nicer than any of them. I don't know Walpole, but based on location and comparable sales it seems like the nicest house in a not so nice area, or at least for recent sales.

I'd buy that at 480k tomorrow if it wasn't in Walpole, so I guess that's your answer.

If your realtor is saying prices won't drop though, they're:

A) unethical

B) wrong

That said, they've no obligation to you after the deal is done, just like you're under no obligation to buy based on their advice.

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dilznoofus t1_j7fwn3h wrote

Hi! I live in Walpole - it's a beautiful village that is a gem compared to the area surrounding it. it's full of old, expensive houses, and there has been very little turnover in properties here as almost everyone who lives here has wanted to stay here. We were only able to buy after waiting over a year for something to come up - and that was only after going and finding an off-market property to buy ourselves.

so 1.) Zillow estimates for this area are useless as there has been so little market activity, it's impossible to compare and 2.) because there are always people who want to move into Walpole and not decent housing to buy, there was horrible pressure to inflate prices. We definitely overpaid to lock down our house, but in the end we have a house here, and that was the end goal.

this town has so much to commend it vs. the surrounding towns - poorer towns, higher tax burdens, less infrastructure, etc. It's a fantastic place so hopefully OP can enjoy the fact they moved to a wonderful town.

Also OP: you live abutting the Hooper Forest and the reservoir, you have some amazing town-owned recreation land next to your property! you came to a good place. feel free to DM me if you want to chat more about walpole :)

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ProlapsedMasshole t1_j7g7ufq wrote

That's good to know. Thanks. Will have to keep that in mind for the future!

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SheenPSU t1_j7grx5n wrote

Just moved here about 2 years ago and didn’t know what to expect but I love it!

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