Boston Real Estate for Sale

Is Boston Downtown Real Estate a Good Investment?

Many people buy a Boston downtown real estate thinking that ownership, rather than rental, is a good investment. They can sell their Boston Midtown condo for a higher price in the future or even rent out their condominium while they purchase a second home. When Boston downtown real estate is approached as an investment in the proper manner, it can be beneficial. However, home ownership in itself is not always a solid investment.

Potential Problems with Boston Downtown Real Estate

Boston Beacon Hill homes need repairs, sometimes as soon as they are bought. If you are buying a Beacon Hill home, you need to have some money set aside for emergency repairOne of the main differences between home ownership and renting is that if the toilet clogs up, homeowners may have to replace the toilet, if it can’t be fixed at their own expense, whereas a landlord rather than a renter would pay to have it fixed in a rental home.

Even new Boston condos for sale will eventually depreciate in value. It takes upkeep and sometimes even major renovations to ensure that a home becomes a good investment. Even if a home is kept in top shape, there is no guarantee of a profit when the owner decides to sell it. Depending on the Boston downtown real estate market, a homeowner could end up settling at a bargain price or barely breaking even.

Conclusion

Buying Boston condos for sale is a serious decision. Make sure that you are truly ready before moving forward.

If you or a loved one is looking to purchase/sell Boston condos or have downtown Boston real estate question,  please contact my team at 617-595-3712.

Boston Beacon Hill Condos for Sale

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32 Results
1
Beds
1
Baths
473
SqFt
 
 
#73091020 | Condo
 
5
Beds
6 | 2
Baths
8,068
SqFt
 
 
#72953820 | Condo
 
5
Beds
4 | 2
Baths
4,492
SqFt
 
 
#73171108 | Condo
 
3
Beds
2 | 3
Baths
5,070
SqFt
 
 
#73202699 | Condo
 
4
Beds
4 | 1
Baths
4,225
SqFt
 
 
#73208534 | Condo
 
3
Beds
3 | 2
Baths
3,781
SqFt
 
 
#73198460 | Condo
 
4
Beds
3 | 1
Baths
2,964
SqFt
 
 
#73188245 | Condo
 
3
Beds
3 | 1
Baths
3,096
SqFt
 
 
#73208531 | Condo
 
3
Beds
2 | 1
Baths
2,542
SqFt
 
 
#73173096 | Condo
 
3
Beds
2 | 1
Baths
2,172
SqFt
(40)
 
 
#73184898 | Condo
 
2
Beds
2
Baths
1,468
SqFt
 
 
#73177145 | Condo
 
3
Beds
2
Baths
2,100
SqFt
 
 
#73199873 | Condo
 
3
Beds
3
Baths
2,310
SqFt
 
 
#73213452 | Condo
 
2
Beds
2 | 1
Baths
1,940
SqFt
 
 
#73206075 | Condo
 
3
Beds
3 | 1
Baths
2,541
SqFt
 
 
#73170961 | Condo
 
2
Beds
2
Baths
1,428
SqFt
 
 
#73168992 | Condo
 
3
Beds
2
Baths
1,262
SqFt
 
 
#73205757 | Condo
 
3
Beds
2 | 1
Baths
1,500
SqFt
 
 
#73206308 | Condo
 
1
Beds
1 | 1
Baths
1,187
SqFt
 
 
#73173094 | Condo
 
2
Beds
2
Baths
1,385
SqFt
(27)
 
 
#73209113 | Condo
 
2
Beds
2
Baths
1,100
SqFt
 
 
#73211632 | Condo
 
2
Beds
1
Baths
1,071
SqFt
(14)
 
 
#73203849 | Condo
 
2
Beds
2
Baths
1,350
SqFt
 
 
#73204680 | Condo
 
2
Beds
2
Baths
950
SqFt
 
 
#73204765 | Condo
 
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, noncommercial use of consumers having a good faith interest in purchasing, leasing, or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS PIN data last updated at March 18, 2024 8:25 PM ET

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