The Problem with Boston House Hunting
You tour 15 properties over 3 weekends. They all start to blur together. Was the Jamaica Plain condo the one with the updated kitchen or was that the Brookline one? Which one was close to the Orange Line? Did any of them have parking?
Relying on memory is a recipe for bad decisions. You need a system to track and compare properties objectively.
Example: Comparing 3 Boston Properties
Jamaica Plain Condo
2BR/2BA • 1,100 sq ft
32 min to downtown
School: 6/10
$350/mo HOA
Somerville Multi-Family
3BR/2BA • 1,400 sq ft
28 min to downtown
School: 7/10
Rental income: $2,200/mo
Brookline Townhouse
3BR/2.5BA • 1,600 sq ft
35 min to downtown
School: 9/10
No HOA
Which is the best fit? It depends on your priorities. That's why you need objective comparison.
What to Compare When Evaluating Properties
1. Financial Factors
- Purchase price - Obvious, but make sure you're comparing apples to apples
- Monthly payment - With taxes, insurance, HOA
- Down payment required - Some properties need more down (condo vs single-family)
- Property taxes - Vary WILDLY by town ($8K/year in Boston vs $15K in Brookline)
- HOA/condo fees - $300-800/month is common
- Maintenance costs - Older homes cost more
2. Location Factors
- Commute time - Test during rush hour, not on Sunday afternoon
- Walk score - Can you walk to groceries, coffee, restaurants?
- Distance to T - 5 min walk vs 20 min makes huge difference
- Parking - Off-street parking is worth $20K-40K in tight markets
- Neighborhood safety - Check crime stats, not just "vibes"
3. Property Features
- Size - Square footage AND layout (1,200 sq ft can feel tiny or spacious)
- Bedrooms/bathrooms - Think resale: 1BA is hard to sell
- Kitchen/bath updates - Budget $20K-50K to renovate if needed
- Outdoor space - Yard, deck, balcony, or nothing?
- Storage - Basement, attic, garage?
- Laundry - In-unit vs basement vs laundromat affects quality of life
4. Future Considerations
- Schools - Even if you don't have kids now, good schools = better resale
- Flood risk - Will affect insurance costs and future value
- Neighborhood trajectory - Up-and-coming or declining?
- Resale potential - Who would buy this in 5-7 years?