The Times travels around the country today, seeing what you can get for the money. Specifically, $1,500,000. I mean, $1,490,000 … $1,480,000 … $1,47 … you get the picture (ha ha?).
It’s about what you’d expect.
In Gross Pointe Farms, Michigan, you can get a 5,700-square foot, five-bedroom, five-bathroom, single-family home, with radiant heat in the recently-added sunroom / dining room. (Negative: it’s on a 100 ft by 175 ft lot.)
In New York City, you can get a 17th-story, 880-square foot, two-bedroom condo in TriBeCa, facing City Hall. Bonus though: Taxes are only $107 per month, due to an abatement put into place after the attacks on 9/11, to encourage investment in lower Manhattan. (Apparently, it worked!)
So, what about in Massachusetts?
In Milton, you can get an 1882 Colonial Revival home with six thousand square feet of space, 18 rooms, seven bedrooms, four bathrooms, 8 fireplaces, and room for six cars, (Negative: they’re not including the refrigerator in the deal.)
In Brookline, you can get an 1893 Federal Revival house designed by Peabody & Stearns, with seven bedrooms, 3 1/2 baths, four fireplaces, room for three cars, and over 4,600-square feet of living space.
In Boston, your money wouldn’t go quite so far.
In Boston, you can get a 1,200-square foot, two bedroom condo at One Charles (penthouse level), or a 1,400-square foot, two bedroom condo on Rowes Wharf, or a 1,800-square foot, 2 bed, 2 1/2 bath condo at the new Macallen building, in South Boston (bonus: 350-square foot private terrace).
You could also get the Skyliner II unit at The Modern: Over 2,600-square feet of space on the penthouse level, three bedrooms, two baths, two parking spaces, and two private decks (plus access to the common Zen garden), with grand views of downtown Boston, on three sides.
Or, you could get a fourth floor unit in the new Brooke House development, on Chandler Street: Over 1,800 square feet, with direct access elevator, two bedroom, 2 1/2 bath home with a gas fireplace, stone countertops, Viking Pro stove, Jenn-Air refrigerator, etc., etc., etc.
Contact me for more information!
More: Price Check – The New York Times
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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.
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