As you visit Boston, you will immediately recognize its rich economic and historical culture. First incorporated in 1630, Boston is one of America’s oldest cities and the economic and cultural center of New England. Boston is the home of nearly 590,000 residents, many institutions of higher education, and numerous cultural and professional sports organizations.
Before you buy a home in Boston, it’s good to know details about Boston real estate. Know about the price ranges, options available, and the advantages and disadvantages of being a Boston resident.
 |
||
| Population 589,141 | Median Age 31.1 yrs | Household Size: 2.31 |
| Avg Commute: 28.8 min | Avg Income $39,629 | Avg Home Value: $190,600 |
| July High: 81.8°F | January Low: 20.5°F | |
Boston Real Estate
Boston is a town of neighborhoods. Each one has its own flavor, its own heartbeat; but they all have something in common — they are all connected to the mecca that is the city of Boston. The buzz, the business, the action continues day and night. Boston can offer something for everyone — great schools, a thriving art center and many diverse areas. Do you want to have a true Italian experience? Go to North End where you buy your groceries from stands along the street. If you are in the mood for Asian food, go to Chinatown. Do want to live in the most diverse neighborhood in Boston? Jamaica Plain would be the place for you. Bottom line — Boston, and Boston real estate, has something for everyone.
Homes (this includes condos, apartments and single-family homes) range from prices in the millions to as little as $130,000; and these are for homes with the same number of bedrooms and bathrooms. As in any place, and especially in cities, location is what really adds on the price. The best advice when shopping for Boston real estate is to check out the different neighborhoods and try to find the right fit for you, since every neighborhood has a different set of amenities to choose from. Choice neighborhoods have much higher price tags on their homes. Commercial space for lease runs between $5,000 and $2,000 a month on average for leasing. Commercial property for sale runs from over a million dollars to around $500,000. Land to build on runs from over $2 million to as little as $10,000. Boson has everything you could want, including plenty of property. Why visit such a great place when you could live there full-time?
By Samantha Southwell
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®