Welcome to a semi-regular feature, Price Points, in which we pick a relatively low asking price and a type of home, then scour listings to find the best available options around Boston. Today's task: condos for under $500,000.
It has become a kind of lamentable shorthand to say that it's darn near impossible to buy into Boston unless you're a dual-income household, a millionaire or a particularly adept bank robber. Yet, it turns out there are a sizable number of condos in Boston that are within reach of the first-time buyer (assuming he or she can successfully navigate the city's shark tank of bidding wars, cash deals and over-asks). To prove it, we scoped out several quality, market-rate condos asking under half a million (which, yes, is cheap for Boston); and we were pleased with what we found.
↓ Unit 3 at 296 East 8th Street is a four-room, 588-square-foot penthouse in Southie. It's rather airy and spacious-looking, given the square footage, and there are touches such as private storage, dim-able lighting throughout, and Venetian blinds gratis. The 2-BR, 1-BA wants just $399,000 and the association fee is a low, low $150.
↓ This 2-BR, 1-BA, 1,000-square-foot Jamaica Plain option is also asking $399,000. Unit 2 at 61 Brookley Road also comes with private storage and has one off-street parking space to boot. Both bedrooms are pretty sizable, too, big enough for at least queen-sized frames; and there are two decks, front and back. The association fee is $175.
↓ We're a little put off by the $533 association fee for this 390-square-foot 1-BR, 1-BA at 511 Beacon Street in Back Bay. Still, it is Back Bay. Plus, Unit 10 comes with the possibility of building out a deck over the condo's outdoor space. Total tag? $475,000.
↓ This 1-BR, 1-BA asking $494,900 is in Mission Hill's new Mosaic complex at 80 Fenwood Road. The 561-square-foot Unit 707 comes with in-unit laundry and access to the building's shared amenities, including a roof deck. Parking is $35,000 extra, however, and the association fee is $376.
↓ And now back to Southie and the new-construction 330 Dorchester. Unit 1 there is an open-floor 1-BR, 1.5-BA spread over 801 square feet. There is a plethora of natural light, high ceilings and one garaged parking space. Plus! The association fee is a low, low $141. The price is $449,000. Which seems about perfect, no?
· Behold the Market-Rate Prices at Mission Hill's New Mosaic [Curbed Boston]