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The Boston Real Estate Blog

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

What You Get For The Money - $1,500,000

Posted on 09/10/2007 10:38:47 | Link | Post Comment

The Times travels around the country today, seeing what you can get for the money. Specifically, $1,500,000. I mean, $1,490,000 ... $1,480,000 ... $1,47 ... you get the picture (ha ha?).

It's about what you'd expect.

In Gross Pointe Farms, Michigan, you can get a 5,700-square foot, five-bedroom, five-bathroom, single-family home, with radiant heat in the recently-added sunroom / dining room. (Negative: it's on a 100 ft by 175 ft lot.)

In New York City, you can get a 17th-story, 880-square foot, two-bedroom condo in TriBeCa, facing City Hall. Bonus though: Taxes are only $107 per month, due to an abatement put into place after the attacks on 9/11, to encourage investment in lower Manhattan. (Apparently, it worked!)

So, what about in Massachusetts?

In Milton, you can get an 1882 Colonial Revival home with six thousand square feet of space, 18 rooms, seven bedrooms, four bathrooms, 8 fireplaces, and room for six cars, (Negative: they're not including the refrigerator in the deal.)

In Brookline, you can get an 1893 Federal Revival house designed by Peabody & Stearns, with seven bedrooms, 3 1/2 baths, four fireplaces, room for three cars, and over 4,600-square feet of living space.

In Boston, your money wouldn't go quite so far.

In Boston, you can get a 1,200-square foot, two bedroom condo at One Charles (penthouse level), or a 1,400-square foot, two bedroom condo on Rowes Wharf, or a 1,800-square foot, 2 bed, 2 1/2 bath condo at the new Macallen building, in South Boston (bonus: 350-square foot private terrace).

You could also get the Skyliner II unit at The Modern: Over 2,600-square feet of space on the penthouse level, three bedrooms, two baths, two parking spaces, and two private decks (plus access to the common Zen garden), with grand views of downtown Boston, on three sides.

Or, you could get a fourth floor unit in the new Brooke House development, on Chandler Street: Over 1,800 square feet, with direct access elevator, two bedroom, 2 1/2 bath home with a gas fireplace, stone countertops, Viking Pro stove, Jenn-Air refrigerator, etc., etc., etc.

Contact me for more information!

More: Price Check - The New York Times

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