![](http://www.wellesleyhistoricalcommission.org/wp-content/uploads/2016/04/homes2-1200x661.jpg)
Recent commentary in the Wellesley Townsman points out that, despite the increased tax revenue to the town associated with new home construction with a higher assessed value than the home torn down, “once you account for the long-term financial offsets that result from teardowns and new construction, it becomes apparent that teardowns are detrimental to Wellesley’s budget.”