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West End home prices average nearly $700 a square foot: Report

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That’s lower than in Southie and one of the cheapest averages in downtown Boston

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The average price of market-rate homes in Boston’s West End as of early June was $693 a square foot, according to an analysis from real estate research site NeighborhoodX.

That makes the neighborhood one of the more affordable in downtown Boston—the most affordable on the historic Shawmut Peninsula, in fact—and cheaper than, say, South Boston.

However, had the West End not run full-bore into “urban renewal” a couple of generations ago, “it would likely be priced on par with Beacon Hill and Back Bay, at almost twice its current housing values,” according to NeighborhoodX research director Constantine Valhouli.

Why? Because not only would the West End still be located where it is—right smack-dab in downtown Boston—but it would be “an architecturally-rich neighborhood of historic buildings,” Valhouli said.