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New Construction Real Estate in Boston – Here's What's Available

There are so many new condo buildings in Boston it can be hard to keep up with their progress and availability, and many buyers are missing pre-sale opportunities they never even knew they had. When it comes to new real estate in Boston, we want to make sure our buyers stay informed about their options, so we put together a list of six spectacular developments that are currently, or will soon be, available for pre-sale. 

Arlington House – Back Bay

These luxury Back Bay condos are in the perfect location, situated on the Back Bay / South End border. Homes range from 1,103-3,411 square feet and can be customized for early buyers.  

Features: Soaring windows, honeycomb floors, high trey ceilings, direct elevator access, private outdoor space, garage parking and hi-end finishes. 

Pricing: Available for purchase now, from $1,075,000 - $5,995,000 unfinished, and $1,295,000 - $6,649,000 finished

The Henry - Fenway

This Fenway condo building is just steps from a number of public transportation options and is easily walkable to major Boston neighborhoods including Back Bay and the South End. 

Features: 1000+ square feet, mostly 2 bed / 2 bath homes with open floor plans, custom kitchens with top-of-the-line appliances, oversized windows and one garage parking space. 

Completion: These 20 Fenway condos are expected to be completed in the Fall of 2019, and three are currently listed for pre-sale

Pricing: $1,025,000 - $1,225,000

The Saybrook – Brighton

Conveniently located near the new Boston Landing development and MBTA commuter rail station, these 29 Brighton condos will include five one-bedrooms, 16 two-bedrooms, three two-bedrooms with dens and five three-bedrooms.

Features: 1,045 square feet of ground-floor retail, 29 luxury condos, many with exterior decks, and a ground-floor parking garage with 32 vehicle spaces and bicycle storage.

Completion: Expected completion for these Brighton condos is Fall 2019, and pre-sales will begin soon. Contact us to be notified as soon as they become available. 

Pricing: $600,000-$1,015,000

The Mark at DeNormandie Wharf – East Boston

The 107 new East Boston condos will offer buyers modern, waterfront living. In addition to the studio, one- two and three-bedroom condos, there is an extensive list of condo building amenities. 

Features: Expansive windows and hi-end finishes in every condo, 24/7 concierge, private terrace with grills and firepits, billiards lounge, fireplace lounge, library and card room, golf simulator, screening room, fitness center with flex studio and Peloton bikes, pet spa, underground parking garage with Envoy car-share, Wifi bar and package storage.

Completion: This East Boston condo building is scheduled to be completed in 2020. Condos are currently available for pre-sale

Pricing: The range for these luxury East Boston condos is $400,000 - $1,500,000. 

Slip45 – East Boston

After the success of Slip 65, which sold out in under eight weeks, this condo development at Clippership Wharf is expected to be very popular with buyers looking for waterfront real estate in East Boston. 

Features: 30,200 square feet of retail space, four acres of open space including a Harborwalk, beach area and floating dock, 300 garage parking spaces, proximity to public transportation, sweeping views of the Boston skyline

Pricing: The Slip45 luxury condos will be available for pre-sale soon, contact usto be notified as soon as they become available.

Echelon – Seaport 

Luxurious style, a full list of world-class amenities and a premium location near all of The Seaports restaurants, entertainment and nightlife venues make Echelon condos some of the most coveted in Boston.

Features: 447 luxury condos, 125,000 square feet of restaurants and retail, indoor and outdoor pools, full-service fitness center, 24/7 doorman, valet, multiple common outdoor spaces, basketball court, golf simulator and pet spa.

Completion: Expected completion is 2020, but Echelon Seaport condos are currently available for pre-sale.

Pricing: $700,000 - $3,000,000+

Even with new construction purchases it’s critical that buyers use a professional real estate agent to leverage their knowledge of the market, neighborhood and purchasing process, which can be overwhelming and confusing. New construction real estate in Bostonis in high demand, so reach out to one of our experts If you’d like to learn more about any of these projects.

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    Coming Soon - South End 2 Bedroom Penthouse Duplex with Parking

    Looking for a two bedroom condo in Boston? Be the first to see this South End condo with parking!  Bright with an open floorpan and high ceilings, this contemporary penthouse duplex is in a highly desirable South End location, perfectly nestled between Tremont Street and Columbus Ave. In addition to the chef's kitchen and private roof deck with panoramic skyline views, this two bedroom South End home has:

    • 1.5 baths
    • A thoughtful layout with a large, open dining / media area
    • Wood burning fireplace
    • Sub-Zero refrigerator, built-in Gaggenau oven and a 5 burner Miele gas cooktop with high velocity stainless hood
    • 2 sets of french doors to a private deck off the kitchen
    • 2 large bedrooms with generous storage
    • A 3-piece bath with laundry closet 
    • 1,386 square feet of open living space

    If you're looking for condos for sale Boston, don't miss the opportunity to see this stylish home with modern finishes in a perfect South End location near restaurants, shops and art galleries. 

    The listing price on this condo for sale in the South End $1,495,00, and it's scheduled to hit MLS later this week. Contact the listing agent, Adam Cutone, for more information or to schedule a private showing before it hits the market. 

    Looking for more Boston condos for sale?  Check out other listings in The South End, Back Bay, Beacon Hill, The Seaport and other surrounding neighborhoods, or contact us to speak with one of our experts. 

    The Charles Realty has had its finger on the pulse of Boston real estate for 34 years.  Our agents have unparalleled knowledge of the city and it’s neighborhoods, and oftentimes have access to information not yet made public. For any questions about these luxury rental buildings, new projects in Boston, the status of projects, availability of luxury rentals or anything pertaining to Boston real estate, please contact us.  

     

    4 Reasons to Buy Boston Real Estate in 2019

    2018 was a competitive year for Boston real estate buyers, and it left many discouraged and resigned to renting. But over the last few months the market has changed, creating new opportunities for those looking for Boston condos for sale. Though interest rates are higher than they were at the start of 2018, there are a number of good reasons 2019 should be the year you buy real estate in Boston. Let's take a look.

    Less Demand for Boston Real Estate

    After several years of virtually unprecedented levels of demand, there's been a shift in the Boston real estate market, and it brings great news for buyers. Just a year ago demand was sky high, creating intense bidding wars and the expectation that buyers would pay significantly more than asking price. As a result, many buyers chose to look outside the city where prices are more affordable, or to continue renting. This buyer exodus has helped right the supply and demand imbalance that's been frustrating buyers for the last two years. 

    An Increase in Mortgage Rates

    Many real estate buyers get wind of rising interest rates and step back from the market. So, in times when rates are expected to increase, like they are projected to in early 2019, the population of buyers drops significantly and the number of days a house stays on the market increases. This environment balances negotiating power for buyers and sellers.  

    New Residential Construction

    Few other cities are seeing the kind of residential development that we're experiencing in Boston. What does this mean for buyers? You've got options, and they're good ones. In order to avoid commoditization, new condo buildings in Boston are distinguishing themselves in a number of ways - unique amenities, high-end features, distinctive designs and proximity to local attractions. Echelon, one of the newest condo buildings in the rapidly expanding Seaport District offers residents two signature outdoor pools and expansive sun decks as well as immediate access to renowned restaurants, recreational options and shopping. Watermark Seaport features a resident lounge with a billiards room and an innovation lab, Metro9 in Somerville has a unique industrial style and a roof deck with an outdoor television, and you can almost guarantee that any new condos in Boston will have state-of-the-art fitness centers, pet amenities and upgrades like stainless appliances, large windows and hardwood floors.  

    Residential Tax Exemption

    If you own a home in Boston, the city offers a residential tax exemption as long as you occupy the property as your principal residence. The exemption gives Boston homeowners a discount on their annual tax bill, essentially cutting the annual tax rate on a $500,000 home in half. Though the exemption isn't a new benefit for home buyers in 2019, it offsets most, if not all or more of the monthly payment increase caused by the recent rise in interest rates.  

    In 2019 buyers can expect to see a greater inventory of Boston homes for sale, and because they will have significantly less competition than previous years, they'll have more negotiating leverage on the purchase price. So if you've been holding off on purchasing real estate in Boston, 2019 is your chance to take advantage of economic factors and changes in the market that will make Boston homes more affordable than they've been in years.  

    For more information about Boston real estate, or to talk to an agent about what to expect from the home buying process and the 2019 Boston real estate market, just contact us

     

    The Charles Realty and Great Dog Rescue New England Bring Puppy Snuggles to REALTORS Conference & Expo This Weekend!

    The Charles Realty is a proud supporter of Great Dog Rescue New England (GDRNE).  In fact, almost all of our agents are also volunteers at the rescue, which has successfully adopted over 14,000 dogs in the last 15 years!  

    This weekend, we're excited to bring together the two things we are most passionate about - real estate, and finding homes for dogs in need - at the National Association of Realtors' 2018 Realtors Convention & Expo.  Today, tomorrow and Sunday 20,000 realtors and other industry professionals will be filling the Boston Convention and Exhibition Center, and we're bringing some extra joy to their day by offering puppy snuggles from GDRNE puppies, all of which are available for adoption!  Stop by our puppy pen, sponsored by our friends at Wells Fargo, in the lobby to visit with the puppies and to find out more about adoption, GDRNE volunteer opportunities and The Charles Realty.

    Here's a sneak peak at the puppies who will be there:

    The Charles Realty has had its finger on the pulse of Boston real estate for 34 years.  Our agents have unparalleled knowledge of the city and it’s neighborhoods, and oftentimes have access to information not yet made public.  For any questions about listings in the aforementioned buildings, other new projects in Boston, the status of projects, availability of new construction homes, or anything pertaining to Boston real estate, please contact us.  

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      Our Favorite Luxury Rental Buildings in Boston

      If you’re on the hunt for luxury rentals in Boston, you’re in luck - the city is flush with chic buildings that offer high-end finishes and luxury amenities, and there are more popping up all the time, each more fabulous than the last. But because there are so many options, those renting in Boston, especially those renting luxury properties, need to identify what they need most from an apartment and the building that surrounds it.  For some, luxury apartment building amenities and communal space might be the priority, while others might place a greater emphasis on high-end appliances, open floorpans and extra space for entertaining or a home office. But whether you’re looking for luxury rental buildings in The Seaport, Back Bay, The South End or Beacon Hill, you’ll have a number to choose from, so it’s important to know what they offer. Here’s a look at the details of some of our favorites luxury rental buildings in Boston.  

      The Arlington

      This luxury apartment building in Back Bay has original details like arched windows and ornate columns throughout, but modern apartment features like gourmet kitchens, marble baths, open floorpans and spacious customized closets.  Amenities include a fitness center and basketball court, a game room and a resident lounge.  

      Neighborhood: Back Bay

      Why we love it: The location.  The Arlington is perfectly located near the Boston Public Garden and Newbury Street, giving residents direct access to all the best Back Bay has to offer

      One Back Bay

      This optimally located Back Bay rental building has a classic, yet contemporary design and beautifully 

      appointed homes - with gourmet kitchens, marble baths and a washer-dryer in every apartment.  Residents have access to amenities like a landscaped rooftop sun terrace, entertainment lounge, children playroom and state-of-the-art fitness center by Equinox

      Neighborhood: Back Bay

      Why we love it: These ideally located Back Bay apartments are pet friendly, and many have lovely views of Trinity Church.  

      30 Dalton

      This 26 story apartment building in Back Bay has 218 luxury one, two and three-bedroom units.  The building amenities are numerous - valet parking, in-home package and grocery delivery, 24-hour maintenance guarantee, the list goes on.  

      Neighborhood: Back Bay

      Why we love it: The Prudential Center, Boylston Street, Boston Symphony Hall and local conveniences like Whole Foods are just a short walk from the front door of 30 Dalton.  

      Ink Block

      This mixed-use community has both luxury apartments for rent and condos for sale.  Siena, the new condos at ink block are over 85% sold, and there are about 20 apartments available between now and the middle of December.  One of the luxury apartment buildings in Ink Block community offers upscale, spacious floorpans with floor to ceiling windows and open views of the Boston skyline, as well as sleek modern kitchens.  The second is a bit edgier with an industrial chic vibe and bold finishings, and the third offers refined finishes in a warm, flexible and functional atmosphere.  

      Neighborhood: The South End

      Why we love it: Ink Block is more than just a luxury apartment building, it’s a community with direct access to restaurants, nightlife, coffee shops, galleries, parks, shopping and transportation.  

      345 Harrison

      This South End apartment building offers true luxury living.  The studio, one, two and three bedroom apartments have high-end finishes like Italian cabinetry, keyless entry, quartz countertops and city views, and the building’s deluxe amenities are also practical - fitness center and classes, yoga center, Sky Deck, infinity pool, dog park, garage parking and more.

      Neighborhood: The South End

      Why we love it: In addition to an ongoing list of amenities, we love South End living, meaning a thriving arts community, a growing retail presence and some of the best restaurants and bars in Boston.

      100 Pier 4

      The first phase of the massive Pier 4 redevelopment project in The Seaport, 100 Pier 4 has 369 luxury apartments and 258 underground parking spaces.  The building rises 21 stories above the Boston Harbor and offers breathtaking views.  The apartments are complete with stainless steel appliances, walk-in closets and hardwood floors, and the building offers residents access to a sun deck with outdoor pool, a cutting-edge fitness center and world-class service.

      Neighborhood: The Seaport

      Why we love it: The Seaport is quickly becoming the hottest place to live in Boston.  It’s truly a one-stop shop for living, dining, entertainment, shopping and recreation (not to mention views for days), and it’s a short commute to any other neighborhood in the city. 

      VIA Seaport Residences

      This modern and chic luxury apartment building in The Seaport soars 20 floors above three levels of 125,000 square feet of retail.  There are studio, one, two and three bedroom apartments for rent, each with Nest Thermostats, foodie-inspired kitchens and a number of high-tech in-home features.

      Neighborhood: The Seaport

      Why we love it: These Boston apartments are the definition of hip and offer plenty of on site space for socializing - The Rise sip bar, the Status club, Vibe lounge, Taste private dining and Flix living room, not to mention the abundance of outdoor space.

      The Benjamin

      Also in the heart of the vibrant Boston Seaport, you’ll find The Benjamin, known for it’s high-end service (room service, door service and concierge services), as well as stunning views and a modern design.  The Benjamin is almost fully leased, but there are still some studio, one, two and three bedroom Seaport apartments for rent, all with high end finishes.  Amenities include a pool, fitness center, outdoor terrace, Sunset lounge, Skyline Club and pet VIP spa.  

      Neighborhood: The Seaport

      Why we love it: We said it before and we’ll say it again, the service offered at The Benjamin creates a truly luxurious and personalized living experience.  

      Devonshire

      This 42 story luxury apartment building in Downtown Boston is convenient to everything - the theater district, Faneuil Hall, The North end, infamous historical sites, public transportation, the Boston Common, the Public Garden and the Waterfront.  Many of the luxury apartments have balconies with panoramic views of the Boston Harbor and the city skyline, but they all have granite kitchen counters and brushed metal backspaces, porcelain tile floors in kitchens and baths, GE appliances, large closet and storage space, and laundry facilities on every floor.  

      Neighborhood: Downtown

      Why we love it: Because of it’s location, this is one of the most versatile luxury apartment buildings in Boston, convenient for residents who work anywhere in the city.  

      Troy

      Located in The South End, Troy Boston Apartments have 14 units available for rent, all of which feature sophisticated finishes.  These pet friendly apartments are just steps from  outstanding dining and entertaining options, bars, art galleries, boutiques and the SoWa Open Market.  

      Neighborhood: The South End

      Why we love it: Troy has not one, but two rooftop terraces with unmatched views of the city.  

      One Canal

      With a walk score of 98, this Downtown Boston apartment building has everything you’d expect from a luxury complex, and a few things you wouldn’t, like a rooftop swimming pool, a spin studio, electric car charging stations, a pet spa and cold storage for grocery delivery.  It also has a good variety of studio, one, two and three bedroom floorpans to choose from.

      Neighborhood: Between West End and North End

      Why we love it: This luxury building has 175 reviews on their website, totaling an almost perfect overall 5-star rating.  The staff are friendly and responsive.

      The Towers at Longfellow Apartments

      These Beacon Hill apartments are within walking distance to all T lines, the infamous restaurants of The North End, Mass General, TD Garden, the Museum of Science, and Boston Common. There are studio, one, two and three bedroom apartments available for rent, all of which have a large private balcony and views of the Boston Seaport.  In addition to the heated pool 24-hour fitness center, clubhouse with game room and underground parking garage, the building boasts 40 acres of green space as well as a number of other amenities.

      Neighborhood: Beacon Hill

      Why we love it: The list of amenities is extensive, but the building also hosts resident events, which give people the opportunity to socialize, network and build a strong neighbor community. 

      Pierce Boston Condos

      This building offers Bostonians both luxury apartments and condos in Fenway, a neighborhood that is rapidly becoming a premiere residential destination.  The 240 apartments at 200 Brookline Ave have floor-to-ceiling windows and soaring, panoramic views.  Residents can also enjoy luxury amenities like the rooftop pool, private yoga studio, fitness center, 24-hour concierge theater and arcade room. 

      Neighborhood: Fenway 

      Why we love it: This neighborhood is so.much.fun.  Residents have the best of city living right at their fingertips, but can also enjoy time in the great outdoors at the neighboring Emerald Necklace. 

      The Charles Realty has had its finger on the pulse of Boston real estate for 34 years.  Our agents have unparalleled knowledge of the city and it’s neighborhoods, and oftentimes have access to information not yet made public.  For any questions about these luxury rental buildings, new projects in Boston, the status of projects, availability of luxury rentals or anything pertaining to Boston real estate, please contact us.  

      New, Luxury Back Bay Condos For Sale

      Good news for buyers looking for luxury condos in Back Bay.  The brownstone at 142 Beacon Street, originally built in 1860, will undergo a top to bottom renovation that will make it one of the most elegant and contemporary condo buildings in Back Bay.  The building offers both river views and south facing light, as well as convenient access to the best that Boston has to offer, including Newbury Street, Boston Common & Public Garden, Boylston Street, Beacon Hill and the Charles River Esplanade.  

      General features of these stylish Back Bay condos will include:

      - Custom millwork

      - Custom kitchen and bathroom cabinetry

      - Appliances by Wolf & Sub-Zero

      - Italian Statuary marble in master baths

      - 3-Piece showers with plumbing fixtures by Kallista, Dornbracht & THG

      - Custom African Mahogany windows and doors by Belisle

      - Video intercom system with fob access to all units

      - Wired for audio visual and home automation

      - Mitsubishi Electric HVAC systems

      - Elevator by Kone

      - Quartered 5” white oak flooring throughout 

      - Recessed LED lighting 

      The luxury Back Bay condos are also customizable, so buyers can work directly with the development team to design a home with features that best fit their lifestyle.  There will be three luxury condos for sale in this exquisite building.  

      The palatial Penthouse offers 3 floors and 3,873 square feet of living space with the highest quality finishes.  Listing price will be $11,500,000.

      - 4 Bedrooms

      - 4 Full baths

      - 2 Powder rooms

      - Chefs kitchen with island seating, party bar and pantry,

      - Elegant dining area with wet bar and access to front terrace

      - Front terrace with Back Bay styling views and Rear terrace with Charles River Esplanade views

      - Spacious living dining area

      - 3 Gas fireplaces with Chesneys mantles

      - Large custom skylights over family room and interior staircase

      - 4th Bedroom can serve as large game room with wet bar or guest suite

      - Living Room with Library on Master Suite floor

      - Office

      - Italian Marble master bath with glass steam shower, freestanding soaking tub and radiant floors

      - Impressive walk in closet/dressing room in master suite

      - Laundry room with sink and cabinetry

      - Direct elevator access to all 3 floors

      - 2 Garage parking spaces with direct access

      Residence 2 offers 2 floors and 2,609 square feet of luxury living and the highest quality finishes.  Listing price will be $6,800,000.

      - 3 Bedrooms

      - 2 Full baths

      - 1 Powder Room

      - Enormous chef’s kitchen with island seating and pantry

      - Wet Bar with wine refrigeration

      - Spacious living dining area with 12” ceilings

      - 9x12 Balcony with lee decking off chefs kitchen with gas and water connection

      - 2 Gas fireplaces with 1 custom wood mantle and 1 Chesneys mantle

      - talian Marble master bath with glass steam shower, freestanding soaking tub and radiant floors

      - Impressive walk in closet/dressing room in master suite

      - Walk in coat closet

      - Ample storage throughout

      - Laundry room with sink and cabinetry

      - Direct elevator access to all 3 floors

      - 2 Garage parking spaces with direct access

      Residence 1 has 2,437 square feet of living space spread out over two floors, with the highest quality finishes.  Listing price will be $4,900,000.

      - 3 Bedrooms

      - 2 Full baths

      - 1 Powder Room

      - 11’ Ceilings on parlor level

      - Light filled breakfast room with expansive windows

      - Chef’s kitchen with island seating

      - Wet bar with wine refrigeration

      -  2 Gas fireplaces with 1 custom wood mantle and 1 Chesneys mantle

      - Italian Statuary master bath with glass steam shower and radiant floors

      - Sprawling 800 square foot roof-deck off of living room with Charles River Esplanade views, gas, water and electric connections

      - Private rear garden off guest bedroom

      - 1 Outdoor parking space with direct access

      - Direct elevator access to parlor level

      These luxury Back Bay Condos are available pre-MLS for clients of The Charles Realty.  To schedule a private showing, or for any other information about Boston real estate, please contact us.

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        Bay Village's Newest Luxury Condo Building - The Marc

        These days, to snag one of the new luxury condos in Back Bay, The South End or one of Boston’s other coveted neighborhoods, you have to be early to the game and ready to make a purchase before construction is completed.  So we want to bring attention to a boutique condominium development in Bay Village scheduled to open later this year.  

        The Marc

        At the intersection of Back Bay and The South End, just steps from the Theatre District, Beacon Hill and Downtown Boston isThe Marc.  This luxury Boston condo building features nine floor-through residences, including four two-bedrooms ranging from 1,800-2000 square feet, and five 2,400 square foot three-bedrooms.  Not only does The Marc give residents two garage parking spaces per residence, but it also offers other luxury condo amenities like direct elevator access from the building’s garage, gas fireplaces, smart home technology and private outdoor space for most of the luxury condos.  Both penthouse residences will have private roof decks.  

        Features

        These luxury Bay Village condos will feature custom kitchens with Gaggenau appliances, bathrooms with custom cabinetry, including oversized master-baths with a free standing dub, separate shower and Waterworks features, as well as large closet and storage space throughout. 

        What Makes the Marc Unique?

        Anyone who’s had their eye on Boston real estate knows that the demand for condos has had developers building sky rises and brand new buildings all over the city.  But The Marc is set in a  French-Renaissance free-standing former church and rectory building that’s been around for 133 years. For all this time, the Bay Village building served as home to Our Lady of Victories Church, closing only recently in 2016.  This not the first church conversion project for the developer, New Boston Ventures who converted the former Holy Trinity German Catholic Church and rectory into South End condo building The Lucas, but The Marc will have it’s own unique blend of classic and timeless finishes.  

        Available Condos

        There are only 3 luxury condos left in The Marc - one 3 bed / 2.5 bath and two 2 bed / 2.5 bath.  The 2 bed homes are listed for $2,300,000 and the 3 bed is listed for $3,475,000.

        If you’re interested in condos for sale in Back Bay or luxury real estate in the South End but haven’t found the right fit, The Marc is certainly worth a look.  It’s optimally located in a quaint neighborhood just steps from some of the best features of the city, and the building offers the perfect blend of charming antiquity and luxury amenities.  For information about these new Boston condos for sale, just contact us!  

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          Here's Everything You Need to Know About the Home Buying and Mortgage Process

          The mortgage and home buying process can be incredibly confusing.  There are documents to gather, forms to sign, applications to submit, negotiations to be had and most importantly, big financial decisions to be made.  Our own Sarah Glovsky, Senior Sales Agent, worked with Rob Veneziano at Fairway Independent Mortgage to create a series of informative documents that demystify the entire process:

          -An Overview of the Home Buying Process
          -The Do's and Do Not's of Applying for a Mortgage
          -A Document Checklist
          -Credit Scores Explained
          -Low Down Payment Program Options

          If you're looking for real estate in Back Bay Boston or any other neighborhood in the city, take a look at this material before you do anything else!  

          The Charles Realty has had its finger on the pulse of Boston real estate for 34 years.  Our agents have unparalleled knowledge of the city and it’s neighborhoods, and oftentimes have access to information not yet made public.  For any questions about condos for sale in Back Bay or any other neighborhood in Boston, just  contact us.  

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            Here's Why We Love Back Bay Real Estate

            It’s chic, it’s vibrant and it’s charming, but those aren’t the only reasons Back Bay is one of our top picks for those looking at real estate in Boston.  Though it’s one of the pricier neighborhoods in the city, condos for sale in Back Bay are in high demand and don’t stay on the market for long.  Here’s why:

            Back Bay Real Estate is Timeless

            If you’re worried about your real estate investment going south with another bubble burst, you can feel secure that purchasing real estate in Back Bay is likely safer financially than most other neighborhoods in the city.  As Boston’s top shopping and dining destination - with designer boutiques, art galleries and patio cafes - Back Bay is an affluent neighborhood with elegant brick townhouses, and they will be in high demand as long as there are people in the city that can afford them.  In 2008’s real estate bubble burst, Back Bay fared better than other trendy neighborhoods that lacked the history, charisma and depth of this coveted area.  

            It’s Vibrant Energy

            Back Bay is made up of residents and visitors who thrive on the effervescent energy of the neighborhood.  At any time of day you’ll find people strolling the streets - out to visit the unique shops that fill the Prudential Center and Copley Place and line Newbury and Boylston streets, or on their way to meet friends at the one of the many alluring cafes and bars that make Back Bay a sophisticated social destination for Bostonians.  When you buy a condo in Back Bay you get both historic architecture and genteel elegance, as well as immediate access to culture, activity and luxury at every turn.

            Something for Everyone

            Young professionals, tourists, children, historians, students, baseball fans - Back Bay is walkable to pretty much anything you might want to do in Boston.  It’s a remarkable area in it’s own right, but Back Bay is also bordered on all sides by 3 of Boston’s most desirable and entertaining neighborhoods - The South End, Fenway / Kenmore, and Beacon Hill.  This means that you can easily have breakfast and stroll through the Public Gardens, spend the afternoon at Fenway Park watching the Sox and then have a sumptuous dinner at one of the chic restaurants in Beacon Hill or The South End - talk about having it all!  Condos in Back Bay are more appealing to families than many other neighborhoods in the city because there are an abundance of high quality education and childcare options, as well as parks, museums and other kid-friendly activities.  Most condos in Back Bay are in close proximity to beautiful parks and green spaces like the Boston Common and the Esplanade, making it an ideal location for exercise enthusiasts.  

            Most condos for sale in Back Bay are more expensive than similar condos for sale in The Seaport, The South End, South Boston, East Boston, or really any neighborhood other than Beacon Hill.  But, if you’re buying a home in Boston and you want convenience, elegance, quality, entertainment and resiliency, Back Bay real estate is where you should look first.  Here’s a look at all of the available condos for sale in Back Bay right now.  

             

             

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              9 Tips for Managing your Moving Budget

              Boston real estate isn't cheap, so when you've purchased a home in the city, its likely that you'll want to keep your moving costs as low as possible.  So, we partnered with our friends at TSI to put together some tips that will help you create (and stick to) a moving budget.  Here's what they have to say:

              There’s no way around it—moving is expensive. Whether you’re looking for a Back Bay condo or real estate in the South End, creating a budget before you start researching Boston real estate and planning your upcoming move is the most effective way to manage the cost of your relocation. Not creating a budget for your move can actually cost you more in the long run, especially if unexpected expenses arise during the moving process. 

              The trick to creating an effective moving budget is to account for all the expenses you know or suspect you will have to cover throughout the entire moving process. So, what exactly should you include? We’re here to share 9 of our best tips on creating and managing your moving budget.

              1. Hiring movers vs. moving yourself

              After you sign the paperwork on the perfect house or luxury condo in Boston, your next decision will be whether to hire movers or rent a truck and move yourself. Whichever option you choose, this cost will likely comprise the bulk of your moving budget, so it’s important to take all the costs associated with each option into consideration when planning your moving budget. Here’s a closer look at the costs you might encounter whether you hire movers or move yourself:

              Hiring movers

              • Company fee: This will likely comprise the bulk of your moving budget. Every company prices moves different, so call around and get at least three quotes before you commit.

                TSI TIP: Create your budget using the highest quoted amount—that way, if your movers end up costing less, you’ll have a little extra wiggle room.
              • Moving insurance: Don’t assume your moving company will provide insurance. Always ask what coverage is included, and speak to your home and auto insurance provider, as well as your credit card company, to see if you already have coverage.
              • Extra services: Some movers charge additional fees for services like packing, storage, moving heavy or difficult items, disassembling and reassembling furniture, long carries, and stairs. 
              • Damage costs: There’s always a chance something will get broken during your move. To account for this possibility, add a 5-10% buffer to your budget.
              • Tips: The standard tip is about 10% of your moving rate, divided between your movers. However, the tip you provide should always reflect the quality of service you received and is always optional.

              Renting a truck

              Many people assume that hiring a truck and wrangling some friends to help you move will be cheaper than hiring professionals. This may be the case if you don’t have much stuff to move or are moving from one condo in Back Bay to another right down the street, but if you’re moving a full house or apartment, or are relocating to Boston long distance, hiring movers may actually be cheaper, and they’ll also save you time and energy. 

              Here are some common costs associated with renting a truck and moving yourself:

              • Truck rental: The cost of your truck rental will depend on the distance of your move, the size of the truck, whether you’ll be dropping it off in the same city where you rented it, and any additional supplies you might need.
              • Mileage and gas: Ask about the truck’s fuel mileage per gallon when you book so you can get a rough idea of how much you’ll spend on gas.

                TSI TIP: Try to avoid moving during rush hour. Getting stuck in traffic will only increase your fuel costs (and your stress).
              • Insurance: Ask your truck rental agency whether insurance is included, then speak to your regular auto and home insurance provider and credit card company.
              • Road tolls: If you’re moving long distance, you may encounter road tolls along the way.
              • Extra equipment rental: Some truck rental companies charge extra to use equipment like dollies and moving blankets.
              • Food: Include funds to feed your friends and helpers, as well as for yourself if you’re driving a long way. 
              • Damage costs: Always include a 5-10% buffer to account for possible damage and other unexpected costs.

              Other costs

              There are a couple of other costs to keep in mind, whether you hire movers or rent a truck and move yourself:

              • Shipping: If you’re moving long distance and have a lot of bulky, antique, or valuable furniture, you may want to ship it separately. Professional shipping companies are the best equipped to transport these items safely.
              • Lodging: If you have a long drive, you may need somewhere to stay overnight en route.
              • Child and pet care: Budget for child and pet care so you aren’t surprised by these costs down the line. If you can, leave kids or pets with family or friends while you pack and unpack. 

              TSI TIP: No matter which moving method you opt for, book early. It may not be cheaper, but you’ll avoid any fees for booking last minute.

              2. Declutter

              Reducing the size and weight of your move can significantly reduce your moving costs. Hosting a garage sale or selling things online can even help you earn back a little cash you can use to fund your move. 
              TSI TIP: If you have junk you want hauled away, make sure you include the cost of this service in your moving budget. 

              3. Timing

              If you have the flexibility, try to move in the off-season between September and May—moving rates are usually a little lower during these months. Moving during the middle of the month (or any day that isn’t the first or last day of the month), or during the week, may also be cheaper.

              4. Supplies

              You can’t move without moving supplies, and these supplies cost money, but there are ways to reduce these costs:

              • Use travel suitcases for clothes and shoes.
              • Ask friends and check online for people selling or giving away used boxes.
              • Check grocery and liquor stores—these places often have used boxes available.
              • Look for a moving kit—moving kits contain the right number of boxes for your move, as well as other supplies like tape.

              You’ll also need bubble wrap and newsprint. For inexpensive and non-sentimental items, coffee filters, socks, and other soft linens can help cushion your belongings and save you a few bucks, but you should always use proper packing materials for valuable or fragile items.

              5. Buying and selling costs

              The costs associated with buying and selling real estate in Boston, or renting a new Boston apartment are often overlooked when creating a moving budget. Always include these costs:

              • Commissions
              • Legal fees
              • Security deposits
              • Property taxes and land transfer taxes
              • First and last month’s rent
              • Repair costs
              • Fees for transferring utilities and changing addresses. Most companies will require you to pay a change or activation fee.

              6. Hidden costs

              Other hidden costs to account for when creating your moving budget include:

              • Utility costs: You may use more water, electricity, and other utilities while you’re packing, so plan for a slight increase in your regular utility bills.
              • Cancellation fees: Services like gyms, community associations, and daycare facilities may charge cancellation fees.
              • Lost wages: If you have to take time off work, account for any lost wages in your moving budget.
              • Restocking your kitchen: Most moving companies won’t move food because it can attract unwanted pests. This means you’ll have to replace any non-perishable pantry items you had to toss or donate, so make sure you budget for a few higher-than-normal grocery bills in the weeks following your moving day.

              7. Contingency fund

              Always include a buffer in your moving budget to account for unexpected costs like vehicle breakdowns, larger-than-expected deposits, or personal injury. 5-10% is usually sufficient.

              8. Make a plan

              Create a plan for how you’ll tackle the rest of your moving tasks, including packing. Set deadlines, and stick to them as much as possible. This will help you be ready when your moving day arrives so you can avoid any last minute fees or extra charges associated with delays. 

              TSI TIP: Include any regularly scheduled bill payments in your moving schedule so you can prevent any late fees if you miss a due date or don’t receive the bill at all thanks to an address change.

              9. Take inventory

              As you pack, make an inventory of all your belongings, including the food in your fridge and pantry. You’ll need an inventory of all your items in case something gets lost of broken in transit and you need to make a claim against your moving insurance.

              TSI TIP: Creating an inventory of your fridge and pantry will help you determine if there’s any food or supplies you can use up before you go, which means you can get the most out of the money you’ve already spent and avoid throwing things out. 

              Get More Tips with our Ultimate Guide

              Creating and managing your moving budget is easy with our tips. Check out TSI’s Ultimate Guide to Preparing for your Move for more expert advice on getting ready for your upcoming move, including decluttering tips, how to move with kids, downloadable timelines, checklists, and more.

              Rachel Hazzard is a moving expert and content manager at TSI, a leading provider of long distance moving and shipping services for residential and commercial moves. TSI has been in the moving and shipping business for almost 30 years and offers simple and affordable solutions for almost any move or shipment. Call TSI at 1-800-626-1257 or visit us online at https://www.tsishipping.com to learn more.

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