In March, the impressive Penthouse B at Millenium Place chopped its price again to $4,599,000. The 2,313-square-foot luxury unit, with 1,000 square feet of sweeping outdoor space with hot tub switched listing brokerages. The condo had been listed for as much as $5,099,000 way back in August 2015 but just closed for a cool $4,000,000.
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RentHop, a real estate search engine, released a map which shows the median 1 BR rents by T stop throughout the region. For each monthly amount the site analyzed the 1 BR listings within 500 meters of a T entrance with 50 listings the threshold for consideration.
Check this out:
An extra stop on the Orange line past Tuft’s Medical can save you $150 a month. Moving to Copley instead of Arlington on the Green can save $100 a month. Trekking to Andrew instead of Broadway on the Red is worth over $400 a month and another $300+ if you choose to live near JFK/UMASS.
Living in Boston, historic homes and building are everywhere. They are beautiful reminders of the city’s architectural history. However, they can be run down inside making them hard to live in.
Restoring a historic house is no small task but, if you’re up for a challenge, it’s definitely worth it. Old fixer-uppers include period detail unscathed by previous renovations. But when you’re dealing with an old structure, you may get run into a few surprises. Here are a few tips and tricks on what to expect and what to look for when restoring a historic house.
Be prepared to live in a historic space
You’l need to accept the fact that you might have to give up some of the comforts that come with 21st century living. If you’re someone that needs heated floors and evenly heated rooms, an older house may not be for you.
Watch out for water
Keep an eye out for water damage – it can mean major structural problems. It’s a serious problem that should be addressed right away because long-term water damage can lead to dry rot and insects.
One of the first places you should check for water damage is the sill plate. The sill plate is the bottommost horizontal component of the structure that runs around the entire foundation. All of the vertical structural supports for the house are attached to the sill plate. Usually, this plate gets the most strain water-wise because it’s close to the wet ground. If it’s rotten this can cause to crooked floors.
Find a good team
Bringing a contractor with you for a house visit can help you estimate the amount of work that need to be done. You don’t have to bring an inspector with you the first time because they usually don’t have specific knowledge about preservation. Instead, choose someone with experience in historic restoration.
Do your research – contact people who have experience working with old houses. Try a local historian or contractor who specialized in restoring historic houses.
Above all, bring someone that understands the goal of restoring the property. There’s huge difference between preservation and knocking something out and starting over. You need talented people to help you get through the process.
Start small if you’re on a budget
If you’re on a budget or have never renovated a house before, try looking for a smaller house. It will be more manageable and you can still buy quality materials and renovate less. Living in a perfectly restored tiny 18th century house is better than a dilapidated mansion with cheap tiles any day.
Start with the roof, windows and masonry
It might be tempting to pick out your kitchen cabinets first but the first stages of a renovation should always be practical rather than aesthetic. You need to fix any areas that could prevent future damage. This includes making the house watertight and fixing the roof, windows and masonry.
Sometimes, the locations relates to the strength and quality of the building materials. In some regions, there’s sand in the mortar, which isn’t good. For example, on Long Island – which has tons of sand in the earth – the 18th century homes’ chimneys were made with weaker mortar and therefore are in need of prioritized attention. This is where a good historic preservation expert comes in handy!
Fireplaces and chimneys are a good place to check to see if mortar is required. Use your hands to conduct a preliminary test – if you tap on the mortar between the bricks and it comes apart, you have a problem.
Technology is your friend
While updating the heating, cooling and electrical systems of a house are usually the most expensive part of any renovation, they wont mess with the original details of the house. “Technology is very kind to preservation – you can break down a mechanical system into smaller units, feed the upper floors from the attic and the lower floors from the basement,” reports a historic preservation expert, “it’s called a split system and it’s a really good way to have not as much damage done ot the historical fabric of the house.”
Embrace the quirks
Leveling out uneven floors in an old house takes a lot of time and money so why not use them in the design scheme?
If you’re figuring out where to add bathrooms and closets try to view the problem as an opportunity. For any restoration, it’s about knowing what to sacrifice to preserve the rest.
Ready to get started? Reach out today to find your own historic fixer upper.
Moving is stressful, time-consuming and draining. Why not try to cut down on some of that anxiety with a great moving company to help things along. Here are our top 3 picks for who to call when you want competent, reliable movers. Continue reading “Top 3 Boston Moving Companies”