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Watertown's Real Estate Future in One New Development

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As Boston fills to the brim housing-wise and half the homes in Cambridge ascend northward of $1,000,000, home-hunters in the waning years of the second decade of the 21st century will inevitably look elsewhere (if they're not already looking for the Next Somerville). One such place has been and is Watertown. Let's take its pulse with one new housing development: the seven townhouse-style units of 192 Pleasant Street, which should come online early next year.

Each of the units will be around 2,400 square feet, with three bedrooms, three and a half bathrooms and two-car garages (though it's also right off the bike path that feeds riders into pricey Cambridge and pricier Boston). There will be private roof decks, six-burner gas stoves, higher-end finishes throughout. It's the likely asking prices, though, that strike us as decidedly un-Watertown-y. According to a source, they should each retail starting around $900,000—or about $375 a square foot. Too much? Just right? Our pals at Zillow peg the median per-square-foot listing price in Watertown at $339. Drop your analysis in the comments section or via the always-discreet Curbed Boston Tipline. And stay tuned.
· Website: 192 Pleasant Street [Landmark Real Estate]
· Boston Housing Plan: Incentivize Developers, Cross Fingers [Curbed Boston]
· What $1,000,000 Buys You in Cambridge Right Now [Curbed Boston]
· 13 Greater Boston Bike Paths You Don't Need to Drive To [Curbed Boston]