Are you buying a Beacon Hill condo based on per sq. footage.? Would you buy a SUV by the pound?

In the Boston real estate industry, many brokers looking at price per square foot when pricing a downtown Boston condo.  While price per foot can be an important measurement when looking at comps in developed neighborhoods, like the Boston Seaport District in a new condo high rise complex. However, this concept can cause problems in more historical neighborhood like Beacon Hill with condominiums located in various locations on the Hill, with different floor plans and amenities:.

Fallacy of Per Square Foot Pricing

To suggest that the cost per square foot of one Beacon Hill home is the same as the average home price per square foot in Beacon Hill is a fallacy. As stated above, These values may be somewhat close together in a high rise condo building located on the same floor, but may be dramatically far apart such as older neighborhoods, or condos that have different types of renovations, sizes and styles.

Quality Over Quantity

Ford Motor Company sells the Explorer SUV and LandRover, one difference is that Explorer weighs more.  Yet LandRover costs more, Why?  The reason is that the LandRover comes with nicer features and finishes.  As such, it costs more per pound than its comparable “cousin”.  See the foolishness in the idea of price per foot?  Every home builder is different and you need to know the differences before you compare price per foot between them.  

Boston Real Estate for Sale

So, as you can see, there are a lot of things that go into looking at the price per foot when considering purchasinf a Beacon Hill condo  Don’t make the mistake of getting drawn in to what seems like a great sales pitch but isn’t based in reality.  More often than not, the fallacy of price per square foot is easy to overcome for someone who knows what to look for.

Beacon Hill Condo Sales Data Updated in Real Time 

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38 Results
1
Beds
1
Baths
290
SqFt
(10)
 
 
#72655832 | Condo
 
1
Beds
1
Baths
505
SqFt
 
 
#72663555 | Condo
 
1
Beds
1
Baths
448
SqFt
 
 
#72663111 | Condo
 
0
Beds
0 | 1
Baths
392
SqFt
 
 
#72651675 | Condo
 
1
Beds
1
Baths
560
SqFt
 
 
#72658149 | Condo
 
2
Beds
1
Baths
619
SqFt
 
 
#72625255 | Condo
 
1
Beds
1
Baths
512
SqFt
 
 
#72649914 | Condo
 
2
Beds
1
Baths
710
SqFt
(9)
 
 
#72657816 | Condo
 
2
Beds
1
Baths
630
SqFt
(10)
Open House: May 31, 2020 12:00 PM - 2:00 PM
 
#72656082 | Condo
 
1
Beds
1
Baths
600
SqFt
 
 
#72636330 | Condo
 
1
Beds
1
Baths
765
SqFt
 
 
#72648657 | Condo
 
2
Beds
1
Baths
1,100
SqFt
 
 
#72608502 | Condo
 
1
Beds
1 | 1
Baths
942
SqFt
(18)
 
 
#72625383 | Condo
 
2
Beds
1
Baths
969
SqFt
 
 
#72624758 | Condo
 
2
Beds
2
Baths
1,055
SqFt
 
 
#72664443 | Condo
 
1
Beds
1 | 1
Baths
1,201
SqFt
 
 
#72606438 | Condo
 
2
Beds
2
Baths
1,272
SqFt
 
 
#72658413 | Condo
 
2
Beds
2
Baths
1,380
SqFt
 
 
#72659579 | Condo
 
2
Beds
1 | 1
Baths
1,437
SqFt
 
 
#72611127 | Condo
 
3
Beds
2
Baths
1,369
SqFt
(30)
 
 
#72590366 | Condo
 
2
Beds
1 | 1
Baths
1,302
SqFt
(20)
 
 
#72652365 | Condo
 
1
Beds
1 | 1
Baths
1,183
SqFt
 
 
#72606440 | Condo
 
3
Beds
2 | 1
Baths
1,856
SqFt
(15)
 
 
#72612553 | Condo
 
3
Beds
2
Baths
1,593
SqFt
 
 
#72649847 | Condo
 
2
Beds
2
Baths
1,483
SqFt
 
 
#72562677 | Condo
 
3
Beds
3 | 1
Baths
2,311
SqFt
 
 
#72606443 | Condo
 
2
Beds
2 | 1
Baths
2,140
SqFt
 
 
#72567518 | Condo
 
2
Beds
2 | 1
Baths
2,062
SqFt
 
 
#72606444 | Condo
 
3
Beds
3 | 1
Baths
2,340
SqFt
 
 
#72631682 | Condo
 
3
Beds
3 | 1
Baths
3,082
SqFt
 
 
#72654402 | Condo
 
3
Beds
3 | 1
Baths
2,754
SqFt
 
 
#72573709 | Condo
 
2
Beds
2 | 1
Baths
2,530
SqFt
 
 
#72606749 | Condo
 
3
Beds
3 | 1
Baths
3,152
SqFt
 
 
#72606755 | Condo
 
4
Beds
3 | 1
Baths
3,828
SqFt
 
 
#72472284 | Condo
 
3
Beds
3 | 1
Baths
3,392
SqFt
 
 
#72647898 | Condo
 
4
Beds
3 | 1
Baths
3,640
SqFt
 
 
#72627861 | Condo
 
3
Beds
3 | 1
Baths
2,852
SqFt
 
 
#72606757 | Condo
 
3
Beds
3 | 1
Baths
3,384
SqFt
(42)
 
 
#72628855 | Condo
 
© 2020 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
MLS PIN data last updated at May 30, 2020 1:36 PM ET

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