Newer East Boston Developments at Affordable Prices

The current real estate downturn has made it much easier to find a home at prices more reasonable than even a year or two ago. The difficulty can sometimes be finding a reasonably priced home in tip-top condition. “Affordable Housing” developments, or units, oftentimes provide opportunities to buyers within certain income brackets to purchase new construction or gut renovated properties at reasonable prices.

One such example is 429 Border Street, a two-bedroom condo currently on the market for $184,500. This home has sweeping views of the waterfront and Tobin Bridge from both its living and dining rooms as well as its private deck. The unit also comes with one deeded parking space. It is new construction, under two years old, and built to last.

When Porter 156 was built, it introduced East Boston to loft living. It also introduced loft living at affordable prices. One such unit is 226, which is currently on the market for $239,000—the most reasonably priced unit currently on the market at Porter. The unit comes with the same amenities expected from a Porter loft: expansive windows, bamboo floors, open space, subway tiles in the bathroom, and one deeded parking space. The only difference is its affordability.

“Affordable Housing” oftentimes provides buyers the option to purchase a home in great condition and at a reasonable price. And most of these homes can be sold and resold with a reasonable increase in value.

Please check back as we continue to update you on East Boston real estate happenings. To see all our listings, or to search MLS properties, head to the Tony’s Realty Website.

Email Zaragoza with your questions or comments.

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