price-is-right-real-estate

Believe it or not, the asking price of $18 million to $25 million for the Back Bay’s Ames-Webster building is not that out of line.

At 26,000 square feet, it comes out to a mere $692 per square foot to $961 per square foot — or well under $1 million per fireplace. Dare we say, such prices are not unheard of in certain neighborhoods and towns.

Of course you have to come up with $18 million to $25 million — and there’s no mention of parking spaces, gosh darn it.

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