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• Property Type (Hold Ctrl key to select multiple) Condo/Co-op Multi-Family Single Family Land Commercial Business Opp. Rental Mobile Home Neighborhoods (Hold Ctrl key to select multiple) Boston, MA      Boston, MA-Back Bay      Boston, MA-Beacon Hill      Boston, MA-Midtown      Boston, MA-South End      Boston, MA-The Fenway      Boston, MA-Jamaica Plain      Boston, MA-Leather Dist.      Boston, MA-Waterfront      Boston, MA-West End      Boston, MA-North End      Boston, MA-Allston      Boston, MA-Brighton      Boston, MA-Charlestown      Boston, MA-Dorchester      Boston, MA-East Boston      Boston, MA-Financial Dist.      Boston, MA-Hyde Park      Boston, MA-Mattapan      Boston, MA-Mission Hill      Boston, MA-Roslindale      Boston, MA-Roxbury      Boston, MA-Seaport Dist.      Boston, MA-South Boston      Boston, MA-Theatre Dist.      Boston, MA-West Roxbury Brookline, MA Cambridge, MA Chelsea, MA Somerville, MA Price Range No minimum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $525,000 $550,000 $575,000 $600,000 $650,000 $700,000 $750,000 $800,000 $900,000 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 No maximum $100,000 $125,000 $150,000 $175,000 $200,000 $225,000 $250,000 $275,000 $300,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $525,000 $550,000 $575,000 $600,000 $650,000 $700,000 $750,000 $800,000 $900,000 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 Minimum Bedrooms 1 2 3 4 5 Minimum Bathrooms 1 1.5 2 2.5 3 3.5 4 4.5 5 Minimum Living Area 250 sq. ft. 350 sq. ft. 450 sq. ft. 500 sq. ft. 600 sq. ft. 700 sq. ft. 750 sq. ft. 800 sq. ft. 900 sq. ft. 1000 sq. ft. 1200 sq. ft. 1300 sq. ft. 1400 sq. ft. 1500 sq. ft. 1750 sq. ft. 2000 sq. ft. 2250 sq. ft. 2500 sq. ft. 2750 sq. ft. 3000 sq. ft. MLS #

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Boston Real Estate

Welcome.

Buying a condo for a college-bound son or daughter The agents at John A Keith Real Estate have helped many parents buy a home for their college-bound son or daughter. It's one of things we enjoy most. Almost everyone we work with in this type of situation has a child going to graduate school in Boston or Cambridge, and are considering three options - moving their child into the dorms; having their child rent a room in a building; or, buying a condo. In many ways, it can be beneficial to buy a condo rather than living in a dorm-room, on campus, or renting. Actually, there is probably only one, but it's a big one - cost and savings. A college will charge you $1100 - $1300 per month for a room in a dorm. This may be a private room, or one where your son or daughter has to share it, with a complete stranger. Your child may stay there for three or four years (or five, in my case). Then, when they graduate, the money has disappeared. You have no return on your investment (other than investing in the future of your child). Likewise, renting can be a black hole. It is not cheap to rent in Boston. A studio apartment will cost $1000 - $1300; a room in a two-bedroom might be a bit cheaper, say $800/month, but there are logistics, such as finding a roommate and finding a safe neighborhood and safe building. Rental buildings are not kept up as nice as owner-occcupied buildings, that's for sure. If you are considering buying a condo, you are probably focused on several important things - safety for your child, first and foremost. Beyond that, your goal is to buy something that doesn't cost a lot, and something that you will be able to sell three or four years from now, and, at the least, break-even, which might mean that you can sell it for what you bought if for, or sell it for what you bought it for and including all of your mortgage payments. Best case scenario, you want to be able to sell it and make a profit. Most undergrad and graduate students want to live in the Back Bay, Beacon Hill, South End, and Fenway neighborhoods, because these areas are close to Suffolk, BU, Northeastern, and other colleges. Brighton and Allston are areas where lots of BU and BC students live. The price of a studio in Brighton will run about $170,000 - $200,000; a one-bedroom, more like $250,000. In Back Bay, studios will probably be in the mid-to-upper $200,000 range, and one-bedrooms into the three's. Please let us know if we can provide you with much more detailed information.