[Massplanners] Property Value Impacts & Developer Value Add for feasibility of Missing Middle Housing

[Julie Mercier]

Hello Planners,
In your work on missing middle housing and/or MBTA Communities, have you come across any information on the following:

  *   Property value impacts of missing middle housing - both for properties that are zoned for it, and properties adjacent to it
  *   Feasibility of creating missing middle housing in the MA market? For example, a local report like this one: Missing-Middle-Development-Math-Final-June-2024.pdf<file:///C:/Users/jmercier/Downloads/Missing-Middle-Development-Math-Final-June-2024.pdf>
  *   I know this is very specific, but assuming the goal is to incentivize developers to reuse or renovate & add-on to an existing structure to create missing middle multi-family housing options versus tear down and rebuild a single-family home,
     *   Developer valuation of a property for tear down versus reuse
     *   Profit margins to make missing middle worthwhile
     *   Unit sizes so that 3-4 multi-family units results in more profit than single-family home of same total square footage

Any assistance you can provide would be greatly appreciated!

Thank you!

Julie Mercier, AICP, LEED AP
Carlisle Town Planner
66 Westford Street
Carlisle, MA 01741
jmercier at carlislema.gov<mailto:jmercier at carlislema.gov>
978.759.7636

My Office Hours:
Mon, Wed, Thurs 8:00AM - 3:00PM
Tues 7:00AM - 7:00PM

https://www.carlislema.gov/1194/GIS-Online-Mapping
https://www.carlislema.gov/1162/Municipal-Vulnerability-Preparedness
https://www.carlislema.gov/1195/MBTA-Communities

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