$1,625 per square foot doesn’t seem completely unreasonable for an apartment of this caliber, but it’s still about 22% above the 2016 price. Keep in mind that the competitive landscape for luxury real estate in Boston has meaningfully changed since 2016 - we’d be more comfortable closer to the 2016 valuation.
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A Proper Back Bay Mansionette – We Say “Yes!”
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$1,625 per square foot doesn’t seem completely unreasonable for an apartment of this caliber, but it’s still about 22% above the 2016 price. Keep in mind that the competitive landscape for luxury real estate in Boston has meaningfully changed since 2016 - we’d be more comfortable closer to the 2016 valuation.