I’m tracking small multifamily properties in Boston priced from $684,000 to $1,026,000. The snapshot shows a 3.4% decline and roughly 72 days on market, but that average seems to hide two very different groups: renovated listings move quickly, while properties needing maintenance sit and take...
$45,000 is the figure driving this decision. That is the highest possible special assessment owners have discussed for a 2,210 sq ft Boston apartment, while the association has limited reserves and is considering substantial exterior repairs without a final project approval.
I have started...
Nothing looks disastrous by itself; it’s the number of loose ends. I’m comparing a 480 sq ft retail unit with a similarly priced condo in Boston. The retail space appears simpler to maintain, while the condo seems to offer more control but could bring larger irregular costs. I’m modelling energy...