Welcome to Centers and Squares

As a Cambridge real estate agent, the city squares of Cambridge, Somerville and Medford and the town centers of Arlington, Watertown and Belmont, Massachusetts are my home turf. And as a lifelong New Englander who’s lived within twenty miles of Boston most of my life, I can introduce you to other nearby towns as we search for your new home. If you’re planning to sell your home in Cambridge, MA or nearby you’ll find plenty of info about the home selling process here too. Questions? Send me an email or call me at 617-504-1737.

What Does a Two-Bedroom Cambridge Condo In A House Cost?

Many Cambridge condos are in converted two- or three-family houses

Many Cambridge condos are in converted two- or three-family houses

Are you hoping to buy a condo in the Cambridge area?  Wondering what you get for your money?  Here’s a look at what you can expect to spend for a two-bedroom Cambridge condo in a converted two or three-unit house.

Last week we looked at Cambridge condo sales prices in larger buildings.  Today we’ll look at sales of condominiums in converted multi-unit houses.  Many Cambridge condos can be found in converted two-family houses or triple deckers.

What Does a Two-Bedroom Cambridge Condo In a House Cost?

In 2011 127 two-bedroom condominiums in two- or three-unit associations sold in Cambridge for prices ranging from $180,000 to $1,300,000.

The two-bedroom condo that sold for $180,000 was a foreclosure.  It was the third-floor unit of a triple-decker in the Riverside neighborhood. 

For $1,300,000 the most expensive condo was anything but typical.  It was a one-of-a-kind,dramatic, architect-designed addition to an older Avon Hill house. It measured over 2,500 sq.ft. with two bedrooms, 3.5 baths and one parking space.

But what’s the average two-bedroom Cambridge condo in a house cost?  For this let’s look at the median sales price in 2011. 

The median sales price in 2011 for a two-bedroom condo in a two- or three-unit building was $420,000. 

For $420,000 you got an 1100 sq.ft.  two-bedroom, one-bath condo on the second floor of a triple-decker midway between Harvard and Central Squares.  The condo had a back porch and did not have air conditioning. The laundry was in the basement and there was one tandem parking space.  The house was built in 1920.  Most two and three-unit houses in Cambridge were built in the late 1800s or early 1900s.

Prices for two-bedroom condos will vary by neighborhood, by level of renovation,  by what amenities are included such as parking or in-unit laundry, etc.



Categories: Real Estate Market Info

Leave a Reply

Copyright © 2008 - 2012 Centers And Squares     Agent Login     Design by Real Estate Tomato     Powered by Tomato Real Estate Blogs

Real Estate Tomato