What $500,000 of house looks like, all over Greater Boston
Half a million dollars for a home is just about average for Boston, as Zillow currently puts the city’s median home value at $480,000.
But “average” looks a lot different depending on your vantage point. Near Boston, $500,000 will get you a condo or townhouse, but if you’re willing to commute a little farther, half a million could get you a pretty good-sized, single-family house.
We showed you what you could get for approximately $350,000 in the greater Boston area — now, here are five homes that you can get for close to $500,000, ordered from highest price per square foot to lowest.
250 Hammond Pond Pkwy, Newton
$525,000
1 bedroom
899 square feet
$583.98 per square foot
To some, half a million may seem like a lot to pay for a one-bedroom condo, but this unit in the Towers of Chestnut Hill complex has plenty of amenities. The building has a concierge, 24-hour security, an indoor heated swimming pool, a fully equipped gym, tennis courts, basketball courts, and club rooms. The condo has stainless steel appliances, an enclosed porch, and amazing views.
121 Jericho Road, Weston
$525,000
2 bedrooms
1,360 square feet
$386.03 per square foot
Prices are steep in Weston — the median home value is $1,367,500 — but for half a million you can get a pretty good-sized townhouse that has plenty of nice updates. Located near the town center, this unit has granite countertops and stainless steel appliances. On top of that, the living room has a wood-burning fireplace, there is a private patio, and there is storage space in the attic.
15 Seventh Avenue, Scituate
$525,000
3 bedrooms
1,552 square feet
$338.27 per square foot
This Scituate home gets you views of the ocean, lots of natural light, and a covered porch. There are solid oak floors, marbled kitchen counters, a farmer’s sink, a second deck off of the bedrooms, and central air. The listing also notes that this could be a rental investment property as summertime rates tend to be around $2,500 per week.
71 Boatswain’s Way, Chelsea
$515,000
3 bedrooms
2,166 square feet
$237.77 per square foot
Sitting up on top of Chelsea’s Admiral Hill, this condo with a private deck has amazing views. It has an open floor plan, a master suite with a jacuzzi tub, and a skylight. The condo also has a one-car garage, is close to a park with tennis courts, and is just a short trip into Boston.
8 Ryan Road, Gloucester
$499,000
3 bedrooms
2,135 square feet
$233.72 per square foot
Built in the Garrison Colonial style, this single-family home in Gloucester is a very short distance away from the beach. The home has hardwood floors, a Sub-Zero fridge, and a finished basement with room for a living room or an office. For Boston commuters, the train station in town is also a short distance away.
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