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4runnr t1_j06j0xs wrote

Reply to comment by NativeMasshole in Paving Private Streets In Worcester May Get Easier Under New Law by albalfa

This is the way it has always worked in Massachusetts. The people who built my house in 1910 paid thousands in 1956 to have the city incorporate the road. Before that it was dirt.

This should come up during the purchase process and whether the parcel is attached to public or private right of way is reflected in the land value.

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NativeMasshole t1_j06ocdt wrote

So does it reduce land value? Because otherwise you would be paying twice: once for the rights and once to be rid of them.

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4runnr t1_j06qtp4 wrote

It should yes but it all depends on what the buyer is willing to pay. Your responsibilities and risks as a owner of a private road should be explained to you by the people you hire to assist in buying a home; inspector, lawyer, and it may show on an appraisal under easements and adverse property features.

Two otherwise identical properties one on public access and the other private should value the former more as there are less risks.

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