Rock Bottom Price per Square Foot

May 5, 2007 By

The Leather District is offering some great price per square foot deals on new construction these days. We visited the 210 South Street Condos today, and for prices starting at $500 per square foot, these newly completed loft-style condos deliver some bang for the buck.

Grand windows and views are throughout, with the penthouse floor incorporating gorgeous arched windows that offer a unique flair to each unit. There are currently 10 units remaining in this 54 unit secure concierge building, and the developer has been running financing specials, and most recently, discounts on particular units. All remaining units are one-bedroom, two-bathroom loft-style condos, offering 1,119 to 1,709 square feet, priced from $595,000 to $795,000.

There has been a lot of new development in the South Station area lately, either coming online, or already completed, including the new FP3 Condos, and the Lafyette Lofts.

For further information on availability and current prices for the 210 South Street condos (pictured below), please contact us.

210 South Street Condos

Filed Under: Leather District Condos Tagged With: , ,

Meads of Commonwealth

May 4, 2007 By

We had the pleasure of stopping in to visit the Meads of Commonwealth condos this evening. We’ve seen a lot of Boston condos, but the Meads really are second to none. The thirteen unique Meads of Commonwealth residences are currently spread across three buildings at 413, 415, and 419 Commonwealth Avenue, range in size from 1,827 to 5,711 square feet, and in price from $1.875 million to $6.2 million.

Some of the striking features of the Back Bay Meads Condos are:

  • Stunning ceiling heights in the majority of the units – some units have 12 foot ceiling heights, with the lowest being in the eight to nine foot range
  • The sheer expanse of the units – you could literally get lost in some of these units, they just flow from room to room, and amenity to amenity
  • Excellent craftsmanship across the board – gleaming hardwoods, tasteful crown molding, and solid one and three quarters inch doors
  • High-end finishes – gourmet kitchens with Sub-Zero and Bosch appliances, laundry rooms with Bosch washer and dryers along with custom utility sink, custom closets in the master suites, classy frosted glass on some of the master suite bathroom doors

There has been quite a lot of traffic that has flown through the sales center (Unit 2, the model unit that serves as the sales center headquarters has actually sold, and the new owners will be moving in within the next several weeks). Thus far, three of the thirteen units have sold, and two are currently being negotiated (including the 5,700 square foot $6.2 million penthouse.

The penthouse is overwhelming, a sheer delight to walk through, along with the jaw-dropping 2,000+ square feet of terrace space. The developers continue to entertain and accommodate customizations, and will continue to do so, even with occupancy right around the corner.

The Meads of Commonwealth are a real delight. For current availability and buying information, please contact us.

Meads of Commonwealth Condos

Filed Under: Back Bay Condos Tagged With: , ,

Cooper Street Condos – The North End

May 2, 2007 By

Cooper Street is at the heart of the North End, and there are currently two available Boston condos for sale. 29 Cooper Street is a penthouse two-bedroom, while 52 Cooper Street is a slightly larger penthouse two-bedroom (which has been on the market for almost a year).

Situated in 5-unit and 10-unit buildings respectively, these two penthouse units have nice amenities (in unit washer and dryer, stainless steel appliances, recent upgrades, etc.), and have seen recent price reductions. 52 Cooper Street currently comes with a $3,500 credit at the time of closing (the seller is more than likely motivated after having their condo on the market for what is approaching a year now).

29 Cooper Street Condos - North End

52 Cooper Street Condos - North End

Filed Under: North End Condos Tagged With: ,

Numbers Don’t Lie

May 1, 2007 By

The numbers don’t lie (ok, maybe they can be interpreted, but let’s get on with the post). The Massachusetts Association of Realtors (MAR) released their first quarter 2007 housing numbers for the entire state. It took them almost a month to confirm what we told you in early April:

  • Market consumption (the number of sales) of Boston condos in the downtown Boston market increased from 2006 to 2007
  • Average prices for Boston condos appreciated 6% quarter on quarter between 2006 and 2007

View the MAR Condominium Sales Information for first quarter 2007. The Boston Condos market is heating up – it took our friends at condoDomain three full-price offers to land a South End Condo, and we were out this weekend looking at North End Condos with droves of condo buyers, the Spring market is upon us.

Filed Under: Boston Condos

Your Favorite Boston Condos

April 30, 2007 By

It’s come to the end of April, and if you have not already done so, cast your vote for your favorite new Boston Condo Development. We will announce the winner later this week.

On the voting block are the following condo developments, which give a good representation of the new luxury developments that are either currently being developed, or are ready for occupancy:

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)

The D4 development has the current lead, but it’s anyone’s game at this point. Cast your vote by selecting the Boston condo development of your choice in the center column of this blog (to get more information and photos of each development, use the links above).

NOTE: Voting has closed.

Filed Under: Boston Condos

Available North End Condos

April 29, 2007 By

North End one-bedroom condos were on tap this Sunday as we visited the historic winding streets of Boston’s North End. There are currently 14 one-bedroom units on the market, ranging in price from $239,000 to $789,000, and it’s really a mixed bag of what you will find out there.

Download all 14 North End one-bedroom units that are currently available: North End Condo Details (4.2 MB PDF)

In the North End, you’re oftentimes paying a premium to physically be in the North End – space is tight, the streets are European-like, and it’s a charming place to be. That said, some of the one-bedrooms leave you wanting more.

We visited seven condos, while the first five served as a prelude to the final units on Snow Hill Street…here’s a brief look at the units visited:

[Read more…]

Filed Under: North End Condos Tagged With: ,

Boston Citywide Cleanup

April 28, 2007 By

Boston’s Mayor Menino is inviting individuals, businesses and institutions to partner with the City by volunteering their time and resources to help support the Boston Shines event this weekend.

Boston Shines

Boston Shines 2007 is the 5th annual citywide neighborhood cleanup effort taking place on Friday and Saturday, April 27 – 28, 2007. Visit the Boston Shine’s website for further details on how you can participate.

Filed Under: Boston

Back Bay Condos: 50 Commonwealth Avenue

April 25, 2007 By

The condos at 50 Commonwealth Avenue in the Back Bay of Boston are part of a pre-war New York style building. At just over 40 units, the residences at 50 Commonwealth provide an intimate environment that is just steps from the Public Garden.

Currently, there are two condos for sale in the building, unit 204 and unit 403. Both units have very nice finishes, and a large common roof deck that offers great Back Bay views.

50 Commonwealth Unit 204 (offered at $879,000) is 1,210 square feet, has two bedrooms, two bathrooms, and one fireplace. This is a corner unit, with upscale appliances, and good attention to detail.

50 Commonwealth Avenue Back Bay Condos

50 Commonwealth Avenue Back Bay Condos

50 Commonwealth Unit 403 (offered at $625,000) is a one-bedroom, one-bathroom 795 square foot condo that offers views of Commonwealth Ave and Berkeley, as well as a newly renovated kitchen.

50 Commonwealth Avenue Back Bay Condos

50 Commonwealth Avenue Back Bay Condos

Price per square foot on these two units, $726 per foot and $786 per foot respectively are in-line (slightly higher average) with two previous units that sold in the building in the past year, especially considering kitchen updates and appliances.

Filed Under: Back Bay Condos Tagged With: , ,

Can You Afford to Get Sick?

April 25, 2007 By

Beginning July 1, 2007, all Massachusetts residents over the age of 18 must obtain health insurance that meets minimum coverage requirements. Individuals who cannot show proof of health insurance coverage by December 31, 2007, will lose their personal income tax exemption when filing their 2007 income taxes.

On Thursday, April 26, 2007 from 6:30-8:00pm at the Jury’s Hotel, our friends at Mass Inc, a public policy think tank, is hosting a Real Talk event on the Massachusetts health care law. As we have mentioned before, the Real Talk series is interactive and fun, and hey, there is free food afterwards!

Filed Under: Boston

Review of The Real Deal TV Show

April 23, 2007 By

The Real Deal The Real Estate Pros TV show, which is the “new and improved” Flip This House series which follows Richard Davis’ Trademark Properties as they buy lemons and make lemonade, recently aired. The first ran Saturday on TLC, and overall, the show was a home run.

The new show is professionally done, filled with much of the same antics as the previous Flip This House series (even a run in the with the police), and leaves you motivated to go out and buy a flip.

The Real Deal TV Show

This past Saturday’s show followed Davis as he purchased, renovated, and tried to sell a house that was on the market for over nine months and had not sold (more than likely for the moisture issue in the floors, the murky pool, and the claustrophobic kitchen).

The show almost exclusively focused on Richard, and Ginger, Richard’s investment coordinator, and featured studio one-on-one interviews, rather than the “drive in your car and talk to the camera” interviews from previous shows.

Overall, a great first episode, and we suggest the following:

  1. Involve some of the others on the team; Richard and Ginger are great, but part of the fun is the interaction and relationships that are developed and formed during the flips.
  2. Tell us how much you actually made on a deal, rather than “projected” profit – with many of the other flipping shows, there’s a tendency to focus too heavily on anticipated margins, rather than taking the time to look at the actuals (i.e. perhaps sales to listing price ratio is not 100%, carrying costs, etc).

For further background on The Real Deal The Real Estate Pros TV show, see our previous posts (Flip This House History, and The Real Deal Launches).

Filed Under: Real Estate TV Tagged With: ,
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