Almost a Rainout for D4 Condos

The new D4 Condo Development held an open house tonight to showcase their progress and to try and push the six eight condos that remain for sale. The weather was rather uncooperative with a downpour coming late in the afternoon. Regardless, we made the soggy walk over to the east end of Warren Avenue to check out the latest happenings with the development.

D4 Boston COndos

The D4 Police Station redevelopment was your recent winner for “what Boston condo development are you most excited about“. The D4 condos (D4 Living) have a lot to offer, from a cool facade, to quality finishes, unique Philippe Starck design, top of the line kitchen appliances, and bold marble throughout. However, aside from the roof decks, the balconies are quite small, and some (and we do only mean some) of the spaces are contrived – perhaps not as well flowing as the Meads of Commonwealth for instance.

On a whole, when the development opens for occupancy in June 2007 October 2007 (pushed back from the original advertised April 2007 date), it’s going to be a unique place to live and call home, one of those places that will have some prestige when you tell your friends where you live, similar to that of the Penny Savings Bank condos.

Can You Afford Boston's Waterfront?

The words “waterfront condo” exude high price. With that said, can you afford a Boston Waterfront condo? We took a look at what is available on the market for under $500K, and we were surprised to see fourteen (14) condos currently available, with the majority being in the $500 per square foot range (the low and high being one at $442 per square foot, and one at $985 per square foot).

Waterfront Condos Boston

You’ll find studios up through a two-bedroom in the fourteen available Waterfront Boston Condos (3.79 MB PDF) for under $500K.

Boston Waterfront Condos

South End Condo Market Statistics

The weekly roundup of South End Condos that have sold have been compiled from the Boston MLS – compared to the previous week’s statistics (in parentheses). The number of South End Condos that sold: 9 (18)

Lowest Price: $380,000 ($272,500)
Median Price: $535,000 ($487,500)
Highest Price: $1,140,000 ($899,000)
Average Price: $586,888 ($388,208)

Average Days on Market (DOM): 56 (114)
Sales Price / Listing Price Ratio: 98% (98%)

Start Date: 5/6/2007
End Date: 5/12/2007

The million dollar listing (two-bedroom penthouse duplex at 82 Montgomery Street) was on the market for a single day before going under agreement with a full price offer, perhaps a testament to what we have seen lately with properties moving quickly if priced correctly from the beginning.

Home Inspection Before You Sell

Is it right for you? Why would you want to consider a home inspection before you sell? A home inspection is something that the Buyer is worried about, not the Seller…or is it the other way around?

It might be worth 60 seconds of your time to read about the benefits of obtaining a professional home inspection before you sell your home – it could save you time, money, and perhaps your offer at the end of the day.

What Can I Buy in Boston's Seaport?

So what can you get for $300,000 to $450,000 in the Boston Seaport? Actually, you get quite a bit – at around $500 per square foot, your dollar goes far in the Seaport.

There are currently four Seaport condos on the market (three immediately available) that fall into the price range. Two of the condos are part of the Court Square Press condo development (considered more South Boston than Seaport District), one deeper in the district on 2nd Street, and one being part of the May 2008 ready FP3 Boston development.

Boston Seaport Condos

The Boston Seaport District is a hot area for new developments, and only a short walk into the Financial District and an under 10-minute walk to Boston’s South Station. The Seaport is offering good value for your money, and some attractive loft and condo options.

Court Square Press Condo Development

And Your Winner Is…

As you may recall, we ran a poll that was open for the entire month of April, where you could vote for your favorite new Boston condo development – the results are in, and your winner is: The D4 Condos in Boston’s South End.

D4 Boston Condos

The D4 development, in the South End of Boston, on Warren Avenue is now move in ready, with only six units remaining. We’ve watched the D4 Condos from the beginning, and the location, finishes, and amenities are second to none. For a detailed look at the remaining six units, view the D4 condo listings.

D4 slightly edged out the high-end Battery Wharf waterfront condos in the North End. The 104 unit Battery Wharf condo / hotel development on Boston’s Waterfront is one of several developments in Boston that brings together the amenities of a luxury hotel, with a luxury condo – a new standard of living.

For more details on all the new Boston condo developments that participated in our poll, please see the below links:

Battery Wharf (North End Waterfront)
Penmark Condos (South End
D4 Police Station (South End)
The Bryant on Columbus (Back Bay)
Harbor View Navy Yard (Charlestown)
Meads of Commonwealth (Back Bay)

Providence on Newbury Condos

A fair amount of the noise on Newbury Street in the Back Bay can be attributed to the progress that is being made at the seven unit luxury development at 294 Newbury Street called the Providence on Newbury. We had the opportunity to stop into the development this week, and work is steadily progressing.

Providence on Newbury Condos

The Providence on Newbury is made up of three buildings on Newbury Street. The ground floor and basement units will house at least three retail clients (no restaurants) , while the upper floors will house four one-bedroom, two two-bedroom, and one penthouse condo, all served via a central elevator.

Each condo comes with at least one parking spot, custom cabinets, marble baths, and high-end appliances. The two two-bedroom units have excellent ceiling heights, and grand views of Newbury Street.

The penthouse unit, priced not-to-sell at $5 million will boast a plasma TV in every room, ultra high-end finishes, and an 800+ square foot roof deck (one of only two Newbury Street roof decks that is right on Newbury, rather than set back off the street slightly) with an eight person hot-tub, four season ecosystem for the green thumb in all of us, full kitchen, and you guessed it, a plasma TV (yes, outside).

Units are slated to be delivered at the end of July 2007. There is only a single one-bedroom unit that remains, and both two-bedroom condos remain for sale. If you are looking to be “in the thick of things” in the Back Bay on the heart of Newbury Street, the Providence on Newbury Condos give you that experience at just over $900 per square foot.

Night Out with Audissey Guides

Boston Condo Guy came together with Audissey Guides at Lucky’s Lounge in Fort Point Channel tonight. Audissey Guides represent a new breed of audio walking tours with local narrators, good music, and offer an overall fun and exciting way to tour a city. Audissey Guides currently offer low-cost, high-fun, audio walking tours of Boston, Chicago, Miami Beach, Seattle, and Hollywood – their New Orleans tour will be launching next week.

Lucky’s Lounge is also right across the street from one of our favorite new Boston condo developments, the FP3 Boston Condos. The FP3 condo development on Congress Street is slated for a May 2008 completion and offers units from $350,000 to $2,000,000.

FP3 Boston Condos

Penmark Condominiums Availability

The Penmark Condos in the South End are looking to get plucked off the market. Situated on Father Gilday Street among a lot of new development, eleven luxury units remain for sale at the Penmark, ranging from a 991 square foot one-bedroom priced at $584,000, to a 1,739 square foot three-bedroom unit priced at $1,165,000, both with deeded parking.

The South End has seen a resurgence of high-end luxury developments, and the Penmark Boston Condos offer a piece of luxury south of Washington (SOWA). For details on all the remaining units at the Penmark development, view the PDF document below:

Penmark Condominiums Availability

South End Boston Penmark Condos

South End Boston Penmark Condos

South End Boston Penmark Condos

Boston South End Condo Statistics

The stats are in for the last week of sold South End Condos, pulled from the Boston MLS – compared to the previous week’s statistics (in parentheses). The number of South End Condos that sold: 18 (6)

Lowest Price: $272,500 ($295,750)
Median Price: $487,500 ($338,000)
Highest Price: $899,000 ($550,500)
Average Price: $388,208 ($541,611)

Average Days on Market (DOM): 114 (73)
Sales Price / Listing Price Ratio: 98% (98%)

Start Date: 4/29/2007
End Date: 5/5/2007

Of significant note is the obvious jump in total number of properties sold, a three-fold increase from the previous week – perhaps the true start to the hot selling summer market?