It can be darn near impossible to define a starter home in the Boston area. That’s largely because real estate is so expensive here versus much of the rest of the U.S. Still, it is possible to break down what a starter home might be neighborhood by neighborhood, using sales data and by eliminating certain types of housing right off the bat.
In Boston’s coveted and busy South End, it’s no good for first-time buyers to hunt for townhouses or single-families. Both are extremely expensive, even by modern Boston standards, and detached single-families are rare besides. So condos it is.
And what do condos generally go for in the South End? In the fourth quarter of 2019, the median condo sales price in the neighborhood was $975,000.
So! A starter home in the South End might be considered a condo retailing for well below the neighborhood median. That probably also means smaller condos, but ones with nice finishes and amenities such as storage and outdoor space—like these 10 options.Read More