whighlander
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I didn't realize how scare they were!
This is a real problem which needs immediate attention:
Large condos scarce in Hub
Boston Herald business pages
By Jennifer Athas
Friday, November 18, 2011 - Updated 18 hours ago
http://bostonherald.com/business/re...dos_scarce_in_hub/srvc=business&position=also
Homebuyers searching in Boston for larger condominiums are having a difficult time finding what they want.
Anne Marie Costa and her husband want to stay in the city: “We discussed the idea of moving to the suburbs, but with our current work schedules, we didn’t want to add the additional commuting time to our day.”
“Right now in our price range of $800,000 plus, there are only four condominiums available in the city of Boston that have at least three bedrooms and are a minimum of 1,800 square feet.”
Larger, “affordable” condominiums in the city are scarce.
According to MLS PIN, there are only 71 Hub properties on the market for under $1 million that are 1,800 square feet or larger and only 51 of these properties have three bedrooms or more.
Located in the Port Norfolk neighborhood is another similarly sized development that local developer Mike McGough is building.
Ground will break next week on Philip Street, located near the Neponset River in Dorchester. There will be two attached townhouse-style condos, each 1,800 square feet, with three bedrooms, two baths and one parking space.
McGough said these townhouse condos will be priced in the mid-$300,000s and ready for the spring market. “These condominium townhouses work well for the police or fireman who want the extra living space and needs to live in the city,” he said.
This is a real problem which needs immediate attention:
Large condos scarce in Hub
Boston Herald business pages
By Jennifer Athas
Friday, November 18, 2011 - Updated 18 hours ago
http://bostonherald.com/business/re...dos_scarce_in_hub/srvc=business&position=also
Homebuyers searching in Boston for larger condominiums are having a difficult time finding what they want.
Anne Marie Costa and her husband want to stay in the city: “We discussed the idea of moving to the suburbs, but with our current work schedules, we didn’t want to add the additional commuting time to our day.”
“Right now in our price range of $800,000 plus, there are only four condominiums available in the city of Boston that have at least three bedrooms and are a minimum of 1,800 square feet.”
Larger, “affordable” condominiums in the city are scarce.
According to MLS PIN, there are only 71 Hub properties on the market for under $1 million that are 1,800 square feet or larger and only 51 of these properties have three bedrooms or more.
Located in the Port Norfolk neighborhood is another similarly sized development that local developer Mike McGough is building.
Ground will break next week on Philip Street, located near the Neponset River in Dorchester. There will be two attached townhouse-style condos, each 1,800 square feet, with three bedrooms, two baths and one parking space.
McGough said these townhouse condos will be priced in the mid-$300,000s and ready for the spring market. “These condominium townhouses work well for the police or fireman who want the extra living space and needs to live in the city,” he said.
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