You’ve been saving your hard earned dollars for what seems like an eternity, and are finally ready to make one of the largest financial investments of your life – buying your first Boston Beacon Hill condo. As a young professional or couple, you’ve also decided on condominium living. Now the only question that remains, are you really ready to buy a Boston condo?

When people are looking to buy their first Boston condo, they have certain ideas of what life will be like. Many picture luxury living in first-class buildings with stunning views, but often overlook some of the less interesting aspects of condo living, which are often very different than living in an apartment complex or a home in the suburbs. The following are a few things to consider to make sure that buying a condo in Beacon Hill is right for you.


The average cost of a starter condo in Boston Beacon Hill is $779,433 and the average condo fee for a condo with no on-site staffing is $400 a month. For a building that provides staffing, it increases to $800 a month for a two-bedroom unit. The fees are also subject to increase as the maintenance needs of the property change. In addition, you can expect to pay 2 percent of the purchase price in property taxes every year.

In other words, there are a lot of costs associated with buying a Beacon Hill condo, some of which may not arise until after you’ve purchased the unit. It’s important that you are honest about your ability to pay these costs in the early stages to prevent financial problems in the future.

Privacy and Noise

Sharing walls and living below someone means the potential for a lot of noise and less privacy. If you have never lived in a building with shared walls, it may take some time getting used to hearing a loud conversation between neighbors or a toddler’s running footsteps. When condo shopping, inquire about soundproofing and whether the building has any rules regarding carpeting. Some buildings stipulate a percentage of the living area must be carpeted to minimize noise.


Boston condo living best suits singles and couples who live busy lives, and individuals who would prefer to skip doing any maintenance personally. Therefore, if you love outdoor space and are looking to have your own private yard or patio, a condo likely won’t be the right choice for you. It’s also important to look at your current lifestyle, and where you plan to be a few years down the road. Ask yourself if a condo will be the right fit for your lifestyle both now and in the future.

Designated Parking

All downtown areas have their own issues regarding parking, and Boston Downtown is no different. While many  Midtown condo buildings offer parking spaces for residents (sometimes at additional per month costs), spaces are limited and buyers or couples with two cars may have to resort to street parking for one vehicle. There are generally two types of parking, spot assignment and deeded parking. Spot assignment is determined by the condo board and is subject to change, which means your prime spot might not always be yours, while deeded spots belong to you at the time of purchase.

Still have a few questions about condo living in Downtown Boston? No problem! Reach out to us  today We specialize in the Downtown Boston area, selling condos in Beacon Hill,  and more. Trust our real estate experts to answer your questions and help you find the right condo for your needs, lifestyle and budget.

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Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


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John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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