The latest from Lili about Boston Real Estate.

Single Family Brownstones vs. Boston Luxury Condos

January 17, 2015 |

If you’re looking to buy a single family townhouse in the Back Bay, Beacon Hill or South End, the creme de la creme neighborhoods of Boston luxury real estate, the price range is roughly between $2.8M to 8 digit figures. Price largely depends on the condition of Boston luxury condos, location and the year they were most recently renovated.

For the most part, newly renovated single family homes are on the more expensive side, especially if they offer garage parking and views, or location like the sunny side of Commonwealth Avenue, the Charles or the Public Garden. More coveted locations include Louisburg Square, Chestnut Street or Union Park in the South End among others.

There are rare occasions that I stumble on a townhouse that is meticulously renovated within the last 5-10 years, well maintained and more reasonably priced than brand new construction and is equally as nice as a brand new renovation and move-in condition. When condo buyers come across Boston luxury real estate like this, they think twice about the value and realize that they can get more bangs for their buck.

Boston luxury condos buyers are intrigued by the idea of getting more space and square footage for the same price as a two or possibly three bedroom condo with NO condo fees buying a single family home. Bottom line, buyers should keep their options open and look at a variety of properties and locations with an open mind.

For example 423 Beacon is a gorgeous single family home that is extremely well priced, well maintained, elegant, and filled with beautiful details like inlaid floors from top to bottom. This residence offers a fabulous alternative to condo living, and there are no condo fees. The elegant stairway leads to a double reception room with bay windows on one side and floor-to-ceiling windows on the other overlooking the fabulous outdoor garden with fountain and waterfalls. It's a true oasis in the city. The house is wired for wireless Internet throughout and comes with two parking spaces.

Contact me to see the property anytime at (617) 796-7521.


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