Residential & Business Property Value Dynamics
Part II in a five-part series:
Boston’s Boom Spikes Property Values FY13-FY19
Part II of this five-part series looks at the two key components that make up Boston’s total taxable property value: residential and business property values. Both the City’s residential and business property values experienced sharp increases from FY13 to FY19: a 79% ($47.5 billion) increase in residential value for a total of $107.6 billion and a 78% ($24.8 billion) increase in business value for a total of $56.9 billion.
- Trends in residential and business property values
- Mixed-use property and its impact on property values and city life
- Preferential tax treatment for residential property versus business property