Board Of Aldermen

Recommendations

RECOMMENDATIONS
LEVERAGING GROWTH TO EXPAND HOUSING CHOICE

RKG

Nashua Housing Study - 57

MATRIX KEY:

This matrix shows the
recommendations organized by
topic area and the issues each
recommendation addresses.
The colored circles associated
with each issue or opportunity
area are are used throughout
the recommendations section
to identify which areas are being
addressed.

Nashua Housing Study - 56

ISSUE or OPPORTUNITY AREA

ORGANIZATION OF RECOMMENDATIONS

Recommendations

RECOMMENDATIONS

RKG

Nashua Housing Study - 54 ASSOCIATES INC

Issues and Opportunities

Downtown Nashua

Rehab Parcel Map

HOUSING REHAB DOLLARS COULD BE
FOCUSED ON THE DOWNTOWN AREA.

GOED Rehab Potential

Issues and Opportunities

Downtown Nashua

ESTIMATING REHABILIATION NEEDS CITYWIDE.

Issues and Opportunities

Downtown Nashua

ESTIMATING REHABILITATION NEEDS CITYWIDE.

Issues and Opportunities

MLS Sales 2010-2019
Downtown Nashua

GED $22,000-$150,590

$150,591 - $202,400

NEARLY ALL SALES IN THE DOWNTOWN
AREA ARE BELOW THE CITY'S MEDIAN.

Nashua’s city-wide median sale price for an
owner-occupied unit was $321,198. In 2019,
80% of sales in the Downtown area were less
than the city-wide median. Over the last 10
years, 93% of sales were less than that city-
wide median.

$202,401 - $243,732

$243,733 - $285,498

GOD over $285,498

Issues and Opportunities Assessed Building Value
Downtown Nashua ie GED $2,500-$142,100

GQ $142,:001 - $161,800

DOWNTOWN AREA NEIGHBORHOODS HAVE | Ge GOey _-seEEE s161.01 S180
POCKETS OF BUILDINGS WITH LOW / Se i 4 re a ll = ey at GD $183,001 - $215,000
ASSESSED VALUES. th, oi ORE em ove sso

Issues and Opportunities

Downtown Nashua

THE HOUSING STOCK IN DOWNTOWN IS
OLDER THAN ELSEWHERE IN THE CITY.

The Downtown area has a much higher
concentration of older residential structures than
anywhere else in Nashua. Over 62% of all
residential structures in the Downtown area were
constructed prior to 1930, and 73% were
constructed prior to 1950. This means 3 out of
every 4 residential structures in this area is more
than 70 years old.