Boston’s 10 most affordable market-rate homes as of September are clustered in a handful of neighborhoods, including Mattapan, Roxbury, Hyde Park, and East Boston.
That is according to a new analysis from real estate research site NeighborhoodX. The analysis excluded short sales, foreclosures, income- or age-restricted properties, and those properties that would not qualify for conventional financing.
What’s left in the notoriously expensive city? Ten condos ranging from a Mattapan two-bedroom asking $220,000 to a one-bedroom in the same neighborhood asking $304,000.
These selections, especially in neighborhoods closer to downtown, “tend to be below-grade properties with less light, or they require work, and this is offset by the lower asking prices,” per NeighborhoodX research director Constantine Valhouli.
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