Boston's Back Bay and Beacon Hill have historically laid claim to the highest price tags for condo living in the entire city. While that's still true, now there's a new kid in town and it's called South Boston. Luxury condos like The Austin at 205 E Street, 150 West Broadway and 170 West Broadway are forming the heart of Boston's hottest neighborhood. Southie has grown up with a somewhat tough past but it's starting to reform fast and furious. Not only is this area bursting with new residential developments and opportunities, it's rolling out the red carpet to give residents the celebrity treatment.
Now it's no longer a question of can you afford to live in South Boston, but can you afford NOT to? While the luxury condo prices are certainly high -- approaching a cool $700,000 and up to over a million in some instances -- the prices are starting to rival the likes of Southie's older and more sophisticated cousins, the Back Bay and Beacon Hill. Of course, they have a long way to go to reach the prices of the Back Bay -- some of which top out at a cool $15 million.
Now, those have long been coveted addresses for the city's elite, but now with the likes of high-end South Boston condos for sale, this location gives singles, professionals, up and comers and even progressive families the chance at an elite Boston address without the crazy price tag. Still, $700,000 is nothing to sneeze at. It's still much more than Allston and East Boston, with condo prices averaging $422,000 and $416,000 respectively, according to Boston.com.
Features of the South Boston Condo Scene
Featuring up-scale bars, coffee houses, boutiques and condos, South Boston is starting to adopt a more sophisticated look and feel. According to The Boston Globe, the city is seeing median single-family home prices of $680,000 and condo prices of $632,000 representing a 70 percent change since 2011. That makes this a growing, ideal market for Boston area developers. One such example is The Austin at 205 E Street, with units starting at $699,000 and hitting $1.1 million. These two three-story buildings will comprise 34 luxury condos with floor plans of one-, two- and three-bedrooms to choose from. Each comes with two parking spaces. From Thermador appliances and quartz countertops/backsplashes to custom cabinetry and Hans Grohe fixtures, residents will be living in the lap of luxury here.
Then, there's 150 West Broadway and 170 West Broadway, that also offers luxury living at a premium. 170 W. Broadway comprises 33 luxury condos with high-end kitchens featuring quartz countertops and stainless steel appliances. 150 West Broadway boasts 24 luxury condos, 31 parking spaces an elevator and common terrace.