Recent comments in /f/WorcesterMA

New-Vegetable-1274 t1_j5cxnmg wrote

Accounting Solutions 342 Shrewsbury St Worcester. Have been a customer since 1990. I'm retired now and my finances are a lot simpler but I still go there. The service is prompt within minutes of arriving you'll be sitting down with an accountant and unless your return is complicated it's an in an out thing. They are very good at what they do, friendly, courteous and very reasonable.

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dupattaluella OP t1_j5cl7gb wrote

Reply to comment by mcl1977 in Electricity Bill by dupattaluella

We wanted a wood stove, but we decided we want to get out of MA badly so we're trying to update the house and wait out the bad real estate market for now. Once prices are better, we're going to sell and get a multi family home so we can rent some of it out and have more money to invest.

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dupattaluella OP t1_j5ckwk9 wrote

Reply to comment by sreetansai in Electricity Bill by dupattaluella

$440 for 4.5 months is very low. That's less than $100/month. You either have a small house and/or don't have much that uses electricity. My cousin has radiators and not many gadgets that use electricity, so their bill is about $200/month.

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masshole4life t1_j5bagcw wrote

the wording is something to the effect of banning "any wooden tenement in which cooking will be done above the second floor".

for more info look up Prescot Farnsworth Hall and his "immigration restriction league". the short version is that 3 deckers represented upward mobility for "undesirables", though the record is made to appear that it was due to fire hazards and "ugliness".

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Cran125GPS t1_j5b7ocn wrote

Condos in a building like this unfortunately aren't going to happen. It's not financially feasible in a market like Worcester, for a number of reasons.

Trying to be helpful here, not argumentative, so here are a few reasons:

The return per square foot just isn't there. You can rent these units for a higher psf rate than you can sell them. I know everyone is complaining about housing costs here in Worcester, but the reality is that you can buy a single family home for less cost per square foot than it would take to build a similarly sized condo, by a large margin (about $200-$300psf to buy vs $500 psf to build where you'd need to sell for $700psf to make a return) so they aren't economically viable. No one is going to buy a 700k 1,000SF condo in Worcester.

Condos are significantly more expensive to build than apartments, which excacerbates the problem. The level of finishes on a condo tend to be higher, and the build quality has to be higher. When you are renting an appartment, it's pretty much take it or leave it to the person that wants to rent. In a condo building you want to pre sell, and then there are always issues when the units are built of people that bought the condo coming and and having crazy punch lists and huge battles trying to finish the project. It's just a huge headache that developers don't want to deal with.

Continuing on the last point, if you are a developer buidling these as appartments, it's a one owner sitsituation. You either hold it and make money of the rents, or you sell it to an institutional buyer that really only cares about the cash flow coming in. If these were condos, you now have 100 different buyers to deal with, and a condo association to deal with while you are trying to unload the rest of the units. Everyone knows how much of a pain HOAs are and building condos means you have to deal with one. All it takes is a few angry buyers to sue for whatever they want and you can be locked up in years of legal battles. I think you are on the hook for 10 years. So people just don't want the liability and renting as appartments makes all thay headache go away.

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SmokersLungs t1_j5arrtd wrote

Do you have a whole house? I just have 1 br apartment and my monthly electric bill never exceeds $35 in winter and I work from home. I can't imagine how some people's electric bills are so high.

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dupattaluella OP t1_j5aghx5 wrote

Reply to comment by tinymsv in Electricity Bill by dupattaluella

You can wrap the baby in a thicker blanket or sleeper. I mean, what did people used to use before we had heat to keep our houses at 68⁰? Not saying you need to change what you do, but if you want to save money, there are ways to lower the temp and keep the baby warm.

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