The 10 least expensive market-rate homes for sale in Boston’s Brighton neighborhood as of early July were all on the smaller side. They also tended to be on the lower levels of buildings, including at below street level.
That is according to a recent analysis from real estate research site NeighborhoodX, which also found that the 10 least expensive in Brighton ranged from $299,900 for a 470-square-foot studio to $459,900 for an 828-square-foot two-bedroom.
All of the 10 were condos, in fact; and none were larger than 900 square feet. Most, really, were under 700 feet.
“Affordability in asking prices can be driven by different factors,” NeighborhoodX research director Constantine Valhouli explained in an email. “On Beacon Hill, the most affordable were simply smaller, so there were fewer square feet (even though the asking price per foot was quite high). In other areas, it is the un-renovated properties that offer bargains.
“In Brighton, it was a mix of smaller properties along with below-grade or garden-level properties, which command a lower price per square foot than units on upper floors in the same building.”
Curiously, the price range for Brighton’s least expensive was similar to that for East Boston’s least expensive.