This specific address denotes a particular property located within the town of Milton. Such designations serve as unique identifiers within a geographic system, enabling precise location identification for various purposes, including postal services, navigation, and property records. For example, emergency services rely on accurate addressing for rapid response.
Precise location identification is crucial for a functioning society. It facilitates commerce, ensures efficient service delivery, and supports community development. Historically, addresses evolved from less formal systems to the standardized formats used today, enhancing clarity and reducing ambiguity. This evolution reflects the increasing complexity of urban planning and the growing need for accurate spatial referencing.
Understanding the role of precise addressing systems provides a foundation for exploring related topics such as property ownership, municipal planning, and geographic information systems. Further investigation into these areas can offer valuable insights into how location data influences various aspects of modern life.
1. Location
Location significantly impacts a property’s value and character. A property’s placement within a larger geographical context influences accessibility, proximity to amenities, and surrounding environmental conditions. This holds true for any specific address, including a residence situated in Milton at 10 Woodlot Drive. The specific location determines its accessibility to transportation networks, proximity to commercial centers, schools, and healthcare facilities, and the character of the surrounding neighborhood. Consider, for example, two properties: one located near a major highway and another situated in a secluded rural area. Their respective locations dictate accessibility and surrounding environment, consequently influencing their market value and suitability for different lifestyles.
Furthermore, location plays a crucial role in property taxes and municipal services. Properties located within specific municipal boundaries are subject to varying tax rates and receive different levels of services, such as waste management and emergency response times. The precise location within a municipality can also influence access to utilities like high-speed internet and the availability of public transportation. For example, a property located further from urban centers might experience limitations in access to certain services. Understanding these locational nuances provides valuable insight into the overall assessment of a property.
In summary, location acts as a critical determinant of a property’s characteristics and value. Analyzing location involves considering accessibility, proximity to essential services, and the prevailing environmental conditions. This understanding provides a practical framework for evaluating properties and understanding their position within a larger geographical and socioeconomic context. Further analysis could explore the specific impact of micro-locations within a given area, revealing nuanced differences in value and desirability even within seemingly similar neighborhoods.
2. Property Type
Property type significantly influences a property’s functionality, market value, and suitability for various purposes. Understanding the property type associated with a specific address, such as 10 Woodlot Drive, Milton, is crucial for accurate assessment and informed decision-making. Different property types cater to distinct needs and come with varying regulations and associated costs.
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Residential
Residential properties primarily serve as dwellings. These can range from single-family homes to multi-unit complexes like apartments or condominiums. A residential designation at 10 Woodlot Drive would indicate its primary function as a dwelling, subject to residential zoning regulations and property taxes. Distinguishing between detached houses, townhouses, and condominiums within the residential category provides further insight into the property’s characteristics and potential ownership structure.
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Commercial
Commercial properties are designated for business activities. This category encompasses various subtypes, including retail spaces, office buildings, and industrial facilities. If 10 Woodlot Drive were designated commercial, it could house businesses ranging from small shops to large corporate offices, each with specific operational requirements and implications for surrounding land use. The specific type of commercial designation would further clarify its intended function and potential impact on the local economy.
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Industrial
Industrial properties house manufacturing, processing, or storage activities. These properties typically require specialized infrastructure and are subject to specific zoning regulations concerning environmental impact and operational safety. An industrial designation at 10 Woodlot Drive would suggest activities related to production or storage, potentially involving heavy machinery or hazardous materials. This classification carries implications for surrounding land use and potential environmental considerations.
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Mixed-Use
Mixed-use properties combine different property types within a single development. This might involve a combination of residential, commercial, and/or industrial spaces within the same building or complex. A mixed-use designation at 10 Woodlot Drive could signify a combination of residential units with commercial spaces on the ground floor, creating a dynamic environment with integrated living and working spaces. This classification often reflects urban planning strategies aimed at creating vibrant and self-contained communities.
Accurately identifying the property type at 10 Woodlot Drive, Milton, is essential for understanding its current function, potential future uses, and overall value. This classification provides a foundation for further analysis concerning zoning regulations, market trends, and investment potential. For example, a residential property might be evaluated based on its proximity to schools and parks, while a commercial property’s value might be tied to its location within a business district. Understanding these nuances provides valuable insights into the dynamics of real estate markets and the factors that influence property values.
3. Market Value
Market value represents the estimated price a property would command in a competitive and open market under normal sale conditions. Assessing the market value of a specific property, such as one located at 10 Woodlot Drive, Milton, requires a comprehensive analysis of various factors. Understanding these factors provides valuable insights for buyers, sellers, and investors.
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Location
Location significantly influences market value. Properties situated in desirable areas with convenient access to amenities, good schools, and low crime rates generally command higher prices. A property located on Woodlot Drive in Milton, for instance, might be more valuable if situated in a quiet, family-friendly neighborhood near parks and reputable schools compared to a similar property located closer to industrial areas or major highways.
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Property Features
Specific property features directly impact market value. These include the size and condition of the property, the number of bedrooms and bathrooms, and any unique features like a finished basement or a swimming pool. A well-maintained property with modern updates at 10 Woodlot Drive would likely have a higher market value than a comparable property requiring significant renovations or lacking desirable amenities.
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Market Conditions
Prevailing market conditions play a crucial role in determining market value. Factors such as supply and demand, interest rates, and economic trends influence property prices. A property at 10 Woodlot Drive might have a higher market value during a seller’s market with limited inventory and high demand compared to a buyer’s market characterized by greater inventory and lower demand. Economic downturns can also depress property values, while periods of economic growth may lead to price appreciation.
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Comparable Sales
Recent sales of comparable properties in the same area provide a benchmark for estimating market value. Analyzing the sale prices of similar homes in the vicinity of 10 Woodlot Drive, considering factors like size, features, and condition, offers a data-driven approach to valuation. This comparative market analysis helps establish a realistic market value range for the subject property.
Understanding the interplay of these factors provides a comprehensive framework for evaluating the market value of a property like 10 Woodlot Drive, Milton. A thorough assessment considers both the intrinsic characteristics of the property and the external market forces that influence pricing. This multifaceted approach ensures a more accurate and nuanced understanding of market value, crucial for informed decision-making in real estate transactions.
4. Neighborhood Characteristics
Neighborhood characteristics significantly influence the desirability and value of a property. These characteristics encompass a range of factors that contribute to the overall quality of life within a specific geographic area. Understanding these factors in relation to a property, such as one located at 10 Woodlot Drive, Milton, provides valuable context for prospective buyers, residents, and investors. These characteristics can be broadly categorized into social, environmental, and economic factors.
Socially, neighborhood characteristics include factors such as demographics, community involvement, and safety. A neighborhood with a strong sense of community, active local organizations, and low crime rates is generally considered more desirable. Proximity to schools, parks, and recreational facilities also contributes to a neighborhood’s appeal, particularly for families. For example, a property located near a well-regarded school district might be more attractive to families with children. Conversely, a neighborhood with high crime rates or limited access to amenities may be perceived as less desirable, potentially impacting property values.
Environmentally, factors such as air and water quality, noise levels, and access to green spaces contribute to a neighborhood’s overall quality. Properties located in areas with clean air, minimal noise pollution, and ample green spaces, like parks and trails, are often viewed as more desirable. For example, a property situated near a nature reserve or a network of walking trails might command a premium compared to a similar property located in a densely populated area with limited access to nature. The presence of environmental hazards, such as industrial facilities or major roadways, can negatively impact a neighborhood’s desirability.
Economically, factors such as property values, income levels, and employment opportunities influence neighborhood characteristics. Neighborhoods with stable or rising property values, higher average incomes, and access to diverse employment opportunities are generally considered more desirable. These factors contribute to a sense of economic stability and opportunity within the community. For instance, a property located in a neighborhood experiencing economic growth and job creation might appreciate in value more quickly than a comparable property in an area with stagnant economic conditions. The presence of local businesses and commercial centers also contributes to the economic vitality of a neighborhood.
In summary, analyzing neighborhood characteristics provides crucial insights into the overall desirability and value of a property. These characteristics encompass a complex interplay of social, environmental, and economic factors that shape the quality of life within a specific geographic area. A comprehensive understanding of these factors in relation to a specific property, such as 10 Woodlot Drive, Milton, empowers informed decision-making for individuals and investors in the real estate market.
5. Accessibility
Accessibility, concerning a specific property like 10 Woodlot Drive, Milton, encompasses multiple facets. It refers to the ease with which the property can be reached using various transportation modes, including private vehicles, public transit, and pedestrian access. This encompasses proximity to major roadways, availability of public transportation routes, and walkability to essential services and amenities. Furthermore, accessibility considerations extend to individuals with disabilities, encompassing features like ramps, elevators, and accessible parking. A property’s accessibility significantly impacts its desirability and market value. For example, a property easily accessible by public transportation might be more appealing to commuters, while proximity to highways benefits those who rely on personal vehicles. Conversely, limited access can restrict a property’s appeal and potentially lower its value. Consider a property located on a poorly maintained road with limited public transit options; its accessibility challenges could deter potential buyers or renters.
Analyzing accessibility involves evaluating the road network surrounding 10 Woodlot Drive, including the type and condition of roads, traffic flow, and proximity to major highways or public transportation hubs. The availability of sidewalks, bike lanes, and pedestrian crossings also contributes to overall accessibility. Proximity to essential services, such as grocery stores, healthcare facilities, and schools, influences the practicality of daily life. For individuals with disabilities, accessibility features within the property itself, like ramps and elevators, and the availability of accessible parking are crucial. For instance, a property located near a hospital with accessible public transportation options and on-site accessibility features would be highly desirable for individuals with mobility limitations. Conversely, a property located in a remote area with limited transportation options and lacking accessibility features would present significant challenges.
In conclusion, accessibility is a crucial factor influencing a property’s value and suitability for different individuals. A comprehensive assessment of accessibility considers various aspects, including transportation networks, proximity to amenities, and accessibility features for individuals with disabilities. This understanding offers practical insights for prospective buyers, renters, and investors, enabling informed decisions based on individual needs and preferences. Further analysis could explore the impact of future infrastructure developments on a property’s accessibility, providing a forward-looking perspective on its long-term value and desirability.
6. Municipal Services
Municipal services significantly impact the quality of life and property values within a specific municipality. These services, provided by the local government, encompass essential functions such as water and wastewater management, waste collection and disposal, road maintenance, and emergency services. Understanding the provision and quality of municipal services relevant to a specific address, such as 10 Woodlot Drive, Milton, is crucial for prospective residents, property owners, and investors. The availability and efficiency of these services directly affect the livability and desirability of a property. For example, reliable water and sewer systems are essential for basic sanitation and hygiene. Regular waste collection and disposal services maintain cleanliness and prevent environmental hazards. Well-maintained roads ensure safe and efficient transportation. Prompt and effective emergency services provide critical support during times of need. These services contribute to the overall functionality and appeal of a community.
The quality and scope of municipal services can vary significantly between municipalities and even within different areas of the same municipality. Factors such as local tax rates, budgetary constraints, and population density influence the level of service provision. Properties located in areas with higher property taxes may benefit from enhanced service levels, such as more frequent waste collection or better road maintenance. Conversely, properties located in areas with lower tax revenues may experience limitations in service provision. For instance, a property located in a densely populated urban area may have access to more frequent public transportation services compared to a property in a rural area with a lower population density. Understanding these variations is essential for assessing the overall value and desirability of a property like 10 Woodlot Drive, Milton. Furthermore, the responsiveness and efficiency of municipal service delivery impact residents’ daily lives. Prompt responses to service requests, efficient handling of maintenance issues, and clear communication from municipal authorities contribute to resident satisfaction and a sense of community well-being.
In summary, the availability, quality, and efficiency of municipal services are crucial factors to consider when evaluating a property. These services underpin the basic functionality and livability of a community, directly impacting property values and residents’ quality of life. A comprehensive understanding of the municipal services relevant to a specific address, such as 10 Woodlot Drive, Milton, provides valuable insights for informed decision-making in the real estate market. Further investigation could explore the specific service levels and performance metrics of the municipality responsible for 10 Woodlot Drive, offering a more granular understanding of the local context.
Frequently Asked Questions
This section addresses common inquiries regarding properties and their surrounding contexts, offering valuable insights for prospective residents, buyers, and investors. Understanding these frequently asked questions provides a foundation for informed decision-making within the real estate market.
Question 1: How does one determine the precise location of a property?
Geocoding services and online mapping tools utilize street addresses, postal codes, and other geographic identifiers to pinpoint specific locations on a map. Municipal property records also provide precise location information.
Question 2: What factors influence property taxes?
Property taxes are influenced by a combination of factors, including assessed property value, local mill rates, and applicable exemptions. Municipal governments determine tax rates based on budgetary needs and local regulations.
Question 3: How can one research the history of a property?
Historical property information can be accessed through various sources, including municipal archives, land registries, and historical societies. These records often contain details about past ownership, building permits, and land use.
Question 4: What are the key considerations when evaluating neighborhood safety?
Evaluating neighborhood safety involves considering crime statistics, the presence of law enforcement, and community safety initiatives. Local police departments and neighborhood watch groups can provide valuable safety information.
Question 5: How does zoning impact property use?
Municipal zoning regulations dictate permitted land uses within specific areas. These regulations specify the types of buildings allowed, their size and height restrictions, and permitted activities. Zoning regulations ensure compatible land use and maintain community character.
Question 6: Where can one access information on local amenities and services?
Information on local amenities and services can be obtained from municipal websites, community directories, and local business associations. These resources typically provide details about parks, libraries, schools, healthcare facilities, and other essential services.
Understanding these key aspects empowers informed decision-making concerning real estate transactions and community engagement. Thorough research and due diligence are crucial for navigating the complexities of property ownership and community living.
Further exploration may involve contacting local real estate professionals, municipal officials, or community organizations for more specific information relevant to individual circumstances and property interests.
Essential Considerations for Property Evaluation
Evaluating a property involves careful consideration of various factors that contribute to its overall value and suitability. The following tips provide a framework for comprehensive property assessment.
Tip 1: Conduct Thorough Research
Comprehensive research forms the foundation of informed decision-making. Gathering information about the property’s location, history, and surrounding neighborhood provides valuable context. Accessing municipal property records, consulting online mapping tools, and exploring local community resources offer crucial insights.
Tip 2: Assess Property Condition
A thorough property inspection is essential for identifying potential issues and estimating repair costs. Engaging qualified professionals to conduct inspections for structural integrity, plumbing, electrical systems, and other critical components ensures a comprehensive assessment of the property’s condition.
Tip 3: Analyze Neighborhood Dynamics
Understanding neighborhood dynamics provides insights into the community’s character and potential future development. Researching demographics, crime rates, school districts, and local amenities contributes to a comprehensive understanding of the neighborhood’s overall quality of life.
Tip 4: Evaluate Accessibility and Transportation
Accessibility significantly impacts daily life and property value. Evaluating proximity to major roadways, public transportation options, and walkability to essential services provides practical insights into the property’s convenience and connectivity.
Tip 5: Understand Municipal Services and Regulations
Municipal services and regulations directly impact property ownership and daily living. Researching property taxes, zoning regulations, waste management services, and other municipal functions provides crucial information for informed decision-making.
Tip 6: Consider Future Development Plans
Future development plans within the surrounding area can significantly impact property values and neighborhood characteristics. Researching proposed infrastructure projects, zoning changes, and community development initiatives provides insights into potential future impacts on the property and its surroundings.
Tip 7: Consult with Real Estate Professionals
Engaging experienced real estate professionals offers valuable expertise and market insights. Consulting with real estate agents, appraisers, and property inspectors provides access to specialized knowledge and facilitates informed decision-making.
By carefully considering these factors, individuals can make informed decisions that align with their needs and investment goals. Thorough due diligence and comprehensive property assessment mitigate risks and contribute to successful real estate transactions.
The subsequent conclusion synthesizes these key considerations and offers final recommendations for effective property evaluation.
Conclusion
Analysis of a specific property, exemplified by 10 Woodlot Drive, Milton, necessitates a comprehensive evaluation encompassing diverse factors. Location within the broader geographical context influences accessibility, proximity to amenities, and market dynamics. Property type dictates functionality and potential uses, while market value reflects prevailing economic conditions and comparable sales data. Neighborhood characteristics, encompassing social, environmental, and economic facets, significantly impact quality of life. Accessibility considerations extend beyond transportation networks to include provisions for individuals with disabilities. Municipal services, including utilities, infrastructure maintenance, and emergency response capabilities, further shape the livability of an area. Understanding the interplay of these elements provides crucial insights for prospective residents, buyers, and investors.
Prudent property assessment requires diligent research, objective analysis, and consideration of future development plans. Thorough due diligence minimizes risks and empowers informed decision-making within the dynamic real estate landscape. Ultimately, a comprehensive understanding of these interconnected factors enables stakeholders to navigate the complexities of property acquisition and community integration effectively. Further exploration and consultation with relevant professionals remain crucial for personalized guidance and context-specific insights.
