The process of buying a home can be fun and exciting, but it can also be downright confusing. To anyone outside the real estate industry, it can almost seem like a game where no one gave you the rules. Oftentimes, one of the most misunderstood pieces of the puzzle is the subject of pricing.
If someone charges a certain price for a home, how do you know that the home is worth what they are asking? Is the wool being pulled over your eyes, or are you about to get a great deal?
Luckily, there are tools and websites out there that can help. One such website is Curbed.com. Their feature called Curbed Comparisons shows you what you can expect to get for specific prices in specific areas.
Curbed Comparisons recently came out with a post entitled “What $799K Buys You Around Greater Boston.” Compared were homes in Newton, Chestnut Hill, and different areas of Boston at the same price point.
At #9 on the list was a South Boston condo, part of a new development at 401 West First Street. So what does $799K get you in terms of a newly constructed South Boston condo? It gets you two bedrooms, two bathrooms, and heated garage parking for starters. Not only do these condos come equipped with central air and laundry, but they featured king sized master suites with glass steam showers, and European kitchens with stainless steel appliances. Add to that private front decks and a common roof deck, and it looks like $799K in South Boston gets you a lot!This particular unit is already under agreement, but you can contact Joyce Lebedew at 617-269-6400 or email@example.com regarding additional units in the same complex.
Blog post by the Joyce Lebedew Real Estate Team.