Hard to imagine that Boston is poising itself for another winter season. Invariably, as the thought of snow and ice, digging through snow, and saving parking spots enters the minds of car owners, parking spaces listed for sale seem to increase in velocity on the Boston MLS. For a complete view, evaluate all Boston parking [...]

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With UCLA professor Donald Shoup continuing to garner further exposure for his ideas around the perils of free parking and what it costs residents of cities across the US, the merits of parking spot ownership also continue to gather steam. In a recent NY Times article, Shoup states that 99% of automobile trips end in [...]

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The 2009 downtown Boston parking space sales numbers have been compiled, and year over year, while volume was down, average and median sales prices have remained stable. According to LINK (one of two Boston MLS systems), the number of parking spaces that sold in downtown Boston during 2009 was 65, down from a 2008 volume [...]

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After more than a week since the last major snow fall, Bostonians are still digging their cars out. Coupled with a volatile financial market, garage parking spaces look like a solid investment in diversification and convenience. [Read More: Click Here]

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With the start of a new year, we now have visibility into summary statistics for deeded parking spaces that sold in downtown* Boston during 2008.  Both average and median sales prices for Boston parking spots increased in 2008 over 2007 numbers. 2008 Number Sold: 93 Average: $80,459 Median: $65,000 Average DOM: 112 days Approximately 20 [...]

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An indoor garage parking space at 44 Prince Street in the North End sets a record for sales price. [Read More: Click Here]

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There are occasions when the current inventory on the market (be that a condo or a parking space) has been reviewed, and nothing is exactly “right”, and that is when, in the past, we have reached out to our significant reader base to inquire if there is something out there that is not yet on [...]

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A handful of deeded parking spots have come available for sale over the past week, including two spots in the South End, one at Wilkes Passage and another at Gateway Terrace. Additionally, rare parking spaces have come available at Tremont on the Common, complementing the existing (rather small) inventory of deeded spaces in downtown Boston [...]

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A surprise that Bostonians face when purchasing a parking space in the city is that there are oftentimes monthly fees associated with a spot – an HOA condo fee if you will. In addition to monthly fees, property taxes are sometimes due on a parking space as well (somewhat of a nominal yearly sum, but [...]

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Over the past 12 months, there have been two Boston parking spaces for sale at 425 Newbury Street, otherwise known as the Somerset Garage. In late April, spot 171 went Under Agreement (it had a list price of $59,500 and an HOA fee of $63), and in late September of 2007, spot 190 sold for [...]

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