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I am an independent real estate broker, focused on the residential real estate market in downtown Boston.

The Perfect Boston Pied-a-terre - $2.3 Million

Posted on 05/13/2007 20:59:15 | Link | Post Comment

Forbes magazine comes out with a list of what they consider the perfect "pied-a-terres", in some of the best cities across the globe.

Boston is well-represented with a $2.3 million, 1700 square foot, two-bedroom, two-bathroom home in the Ritz Carlton Towers.

Huh? That doesn't really count as an "in-town" getaway, even to the rich, does it?

To me, a pied-a-terre would be a one-bedroom, one bathroom 600 square foot condo in a new development, maybe in the $450,000 - $500,000 range - small enough to eliminate any maintenance or furnishing problems, but large enough to have a fair-sized bedroom and at least a reasonably-sized kitchen.

Just about every other property they showcase is priced in the millions of dollars, as well.

More: Choice Cities For A Pied-A-Terre - Forbes.com

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