What on earth is going on?
Just when you think South Boston real estate can’t get any higher, you stumble across this on Curbed Boston:
We’re not sure what is more outrageous – that the price is $959,000 for a 2 bedroom condo or the fact they say it’s close to “Castle Heights.” We are hoping it’s just a misinformed reporter unfamiliar with South Boston landmarks and not the case of realtors trying to rename an area of the neighborhood a la “Broadway Village.”
Needless to say, Southie real estate is some of the priciest around.
Is it cheaper to rent? According to real estate search engine Zumper, Southie has some of the most expensive 1 bedrooms to rent. D Street/West Broadway area is fetching over $3000 per one-bedroom.
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Capitalism at its best or Southie sellouts
What's the problem here? The neighborhood is becoming nice – people want to live here and are willing to pay for it. All property owners will see a lift as a result. People owning a decent quality single family should be excited. Frustrating how the Soutie "locals" view people with money automatically as bad people/bad for the neighborhood.
Glad I bought in 2009; property value up almost 50%!
The unit you are refering to was originally listed for $999,000 and has since dropped in price to $959,000. The unit is still on the market.