A Closer Look: Highest Rents in the Boston Area

According to this Boston Metro Report (July 2017), the median one-bedroom rent in Cambridge was $2,360 a month, making it the most expensive neighborhood to rent in the area. Brookline comes in close second with a median one-bedroom rent of $2,300, and Boston third at $2,200. Boston remains as one of the three most expensive cities to rent in the United States, along with New York and San Francisco. 

Five of the Most Expensive Homes for Sale in Boston this Week

Beacon Street

18,000,000 - 6 beds 11 baths- 8,648 Sq. Ft

Check out this gorgeous property that features spectacular views of the Boston Public Garden! Amenities include fifteen gorgeous grand scale entertaining rooms. There are six Bedrooms with six marble baths outfitted in polished nickel fixtures. A gorgeous penthouse study room with skylights lies within, along with an elevator servicing all floors. Two coveted garages and four gated parking spaces are available. Other amenities include a balcony, large terrace, and a Wine Cellar.

 

197 Marlborough Street

$15,000,000 - 5 Beds, 6 Baths- 7,575 Sq. Ft.

This exquisite townhouse on Marlborough Street offers modern comfort, including private elevator to all six levels, smart home technology and 2-car garage with additional outdoor parking. Located in the heart of the home is an open-concept family room, chef’s kitchen and informal dining room. Additional features of this amazing property include mudroom, home office and suburban sized laundry room. It is complete with a private roof deck directly off the sky-lit media room with wet bar that offers a hot tub, gas grill and wonderful city views.

 

85 Pinckney Street

14,950,000 - 5 beds 8 baths  -6,998 Sq. Ft.

Located at the head of Historic Louisburg Square, this stunning home features wonderful views. The property is currently configured as two residences, with a parlor & garden guest suite and main home. The living room overlooks the Louisburg Square with grand ceiling height, detailed molding, and a fireplace. Amenities include separate dining with cathedral ceiling, an open family kitchen with breakfast area, upper floor library, den with custom paneling and fireplace, spacious bedrooms with matching bathrooms, laundry room, master floor with beautiful square and river views, generous closets, roof top family room with wet bar and access to an amazing roof deck, a/c, elevator, private parking at your front door.

 

Millennium Tower, #PH 3B

$12,500,000 - 3 Bed 4 Bathrooms - 4,110 Sq. Ft

Be sure to check out this glorious property in downtown Boston! Located in one of the highest residences in New England, this unit offers exquisitely finished living space. The 3 bedroom, 4.5 bath home has been custom designed by Christopher Peacock and New York architect David Messer. Amenities include a terrace that will give you the experience of living in the clouds, higher above every other penthouse in the city. This is the only penthouse that provides soaring views of the Charles River, State House and Custom House that you can’t have anywhere else. Inside, there are two gracious bedrooms with suite baths, and a spacious master bedroom with enormous walk-in closet.

 

257 Commonwealth Avenue, #3

$11,250,000- 4 Beds 3 Baths- 5,930 Sq. Ft.

Check out this gorgeous property in Boston’s Back Bay! Ammedities include a Full updated kitchen, Powder room, and a 900 square-foot private deck. The 2nd floor features a masterful entertaining salon with a full kitchen. The Master bedroom is set with a marble bath and large walk-in closet. Also on the second floor lies three family bedrooms with an adjacent full bathrooms. Additional features include massive pocket doors, soaring ceilings, stunning wood and plaster detail, seven fireplaces, C/A and keyed elevator. Two full garage spaces are available for use.

 

 

Solar Power: Alternative Energy

Large-scale utilities and residential customers have been purchasing and installing solar systems at a fast rate, particularly over the past decade. Real estate owners, on the other hand, have been slower to adopt solar as an energy source. Commercial-scale solar power is still a new market with unanswered inquiries, which may clarify why organizations presently can't seem to grasp this asset to the degree that property holders and vast scale utilities own it. Incorporating solar energy into real estate portfolios can account for the financial matters of sun oriented power—both its dangers and the opportunities it offers to improve resource values.

A greater percentage of utilities are now procuring solar to meet aggressive renewable portfolio standards and sustainability goals. The development of remote or virtual net metering and community solar-based projects empowers energy users to buy solar power from installations built on remote sites they don’t own. These developments have made an assortment of investment opportunity for real estate owners and third-party investors.

Property owners can now lease their properties and other available space for sun oriented installations that will create an anticipated wage stream over a long leaseterm, with no hassles. The advantage of renting your land for a solar-oriented project is the income it provides with negligible effect on your property—safeguarding the site for other future utilization. Also, facilitating a solar installation is an excellent way to cover the carrying cost of yourproperty or taxes.

Several years ago, the disseminated sunlight based era went from being driven primarily by a guarantee to sustainability to a feasible and financially savvy approach tolower energy expenses and secure costs, shielding energy users from power rate increment and volatility. Presently, as solar energy gets to be cost competitive with conventional energy in more markets and the accessibility to financing alternatives improves, energy users increasingly can stand to coordinate appropriated power into their energy management systems. Competitive enterprises and dependable public sector offices must consider an assortment of proprietorship structures for their power generation, similarly as they accomplish for other significant costs. A scope of organizations is puttingresources into solar, from general society and private fields, such as Airports, Colleges, Universities, Apartment and Condominium Complexes, and School Districts, Health Facilities, Water Authorities, and so on.

Waiting for the market to enhance is no longer a conservative approach. By not considering renewable energy generation, you are making a wager that utilities will offer more financially savvy power than distributed generation can in the long haul.

4 Ways to Warm Up Your Home

It seems like summer came and went faster than we could say "boat." Well, you know it's official when Starbucks starts their massive Marketing campaigns on Pumpkin Spice everything. Now, it's winter! Celebrate the cold months with these tips.

After spending the summer un-cluttering our homes and refreshing the paint, we are now feeling like we need to cozy them up and give them a warm, welcoming feel. Which is why we thought it only made sense to give some tips as to how!

4 Ways to Spice Up Your Home for Fall

1. Candles, Candles, Candles! Everyone loves cinnamon apple scent when cuddling under an old quilt reading their favorite book, tucked away from the outside chill. Studies have shown that scented candles actually improve ones' mood- so what do you have to lose?

 

2. Warm Color Palettes. Time to replace those turquoise throw pillows with your burnt sienna or cactus green ones. There is something to be said about a warm color palette in the fall- just psychologically, it makes you "feel" warmer.

 

3. Bake! We all know that this is the time of year when we give that old Kitchen Aid mixer a run for its money. Baking is therapeutic, and makes your home smell amazing.

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4. Decorate with Nature. By bringing the outside in, you actually will give your space an organic, rustic feel without having to endure the nippy air. Our picks: twisty tree branches in an old rusty vase.

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Why You Should Move in Winter!

 

When the season of winter takes over,  many people plan a lot of life events, which are often carried out in the cold and chilly weather. Winter is considered to be an ideal season to do few drastic things such as moving. But, on the other hand, when it comes to making the most of real estate changes, believe it or not, there are many great reasons make the move while it's still the dreary season.

1. Lower House Prices

There is a norm in the property market that the prices of the houses tend to drop during the winter season. This norm applies not only to a single place or state, in fact it applies to all the countries and cities and these prices drop all over the world. However during the summers there is a hike in prices once again and purchasing a house becomes difficult.

2. You'll Get A Better Picture

It is very common to see a good and pleasant picture of a house in the summer season when things are bright and shinning; however when it comes to moving in winters what you get to see is the real picture of what living will is when you opt to purchase the prospective house. The leakages, freezing pipes and the frozen roof are well analyzed in the winter season rather than the summer season. Therefore keeping winter as a choice to analyze property is something great.

3. Low Gas Prices, Saving of Fuel

The gas prices are also low in winters and the fuel of vehicle is also saved during this season. When one has to make a lot of trips to the newly purchased property for moving out and the distance is longer you need to be very careful about your travelling expense. Therefore winter seasons calls for the low prices of gas and eventually low travelling costs as well.

 

4. More Personalized Real Estate Services

Since less people move out in the winter season, the estate agents also have time and urge to get the best deal for you. When you consider summer as your moving season you might have to face the tantrums and price hikes by these agents which is not present in the winter season.

 

5. COOLER WEATHER EQUALS HIGHER PRODUCTIVITY

Another reason to consider winter moving as a great idea, is that while is can be very dreary outside, the cooler temperatures allow for a higher productivity level! The winter season is filled with energy and setting up the new house may be fun!