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South Boston real estate

Originally priced at $1,659,000, this pristine full service home has been re-priced at $1,300,000 for a timely sale!

 Priced at only $689 per Square foot, don't miss out on this high floor 2BR , 2.5 Bath 1,886 SF home in the full service Macallen Building.   Unit highlights include: Large private terrace with Boston Harbor and city views.  Large LR with lofted ceilings, linear electric FP, wet bar, picture window and wood floors.  S/S and granite kitchen with dedicated eating area and direct access to the terrace.  Master bedroom with full. bath en-suite.  Second bedroom with adjacent full bath.  C/A.  W/D.  Full size garage space included.  Building amenities include:  24/7 concierge.  Elevator.  On-site professional management.  Garage parking.  Palatial 18,000 SF landscaped rooftop garden with heated lap pool and multiple gas grills.  Fitness Center.  Club room with kitchen.  Bike storage.  The Macallen is located in South Boston just south of the Financial District and close to many restaurants, major routes, a Whole Foods market and public transportation.  Gold LEED Certified Building built circa 2008.  Price:  $1,300,000.

               

  

  Contact Tim Marsh to schedule a private viewing.  

  Cell:  617-548-7145.  Email:  tim@bostonluxuryrealestate.com

Top spots to Live in Greater Boston in 2018

By Jon Gorey of The Globe Magazine

Boston’s housing market, fueled by strong economic growth, has been blisteringly hot the past few years — and nearby towns and cities are basking in the warmth and glow. With few exceptions, communities in or near Boston have seen Massachusetts’ biggest gains in median home prices between 2012 and 2017, even in already expensive markets like Brookline and Cambridge. The Boston real estate bonfire has now spread to once-affordable pockets of the city like Southie and Roslindale, and gateway cities like Lynn, Lawrence, and Brockton.

 “Real estate is about jobs,” says Timothy Warren, CEO of the real estate market tracking firm The Warren Group in Boston, which also publishes Banker & Tradesman. “Just being close to the Seaport and Kendall Square and these centers of good-paying jobs, that makes a big difference.” No surprise, then, that all 12 of this year’s hot communities offer subway or commuter rail service to the city and its jobs.

Our desirable dozen have seen the largest leaps in single-family home values across four different price categories (more than $1 million, $750,000-$1 million, $500,000-$750,000, and under $500,000). Results are based on median single-family home price increases from 2012 to 2017, using sales data from The Warren Group. (We’ve excluded cities or towns with fewer than 75 single-family sales last year or in 2012.)

While we highlight the very hottest of local markets, nearly all of Greater Boston has experienced a dramatic surge in home values. It’s hard to find a community inside Route 128 where median, or midpoint, home prices didn’t climb at least 30 percent since 2012.

That’s great news for folks who bought their home in the post-recession slump. But if you’re on the other side of the homeownership divide, these steep increases are nothing to celebrate. “Affordability is a big issue, and creating new housing is difficult, so we’ve got real problems there,” Warren says. “We can’t sustain this kind of growth if we don’t have [affordable housing].”