Feb 2010 03

It’s Boston real estate auction time again! The latest is a beautiful new construction luxury townhouse on the Flat of Beacon Hill, 20 Brimmer Street.

Originally priced at $8.5 million, this 5,700 square foot,  new construction home is now hitting auction with a reserve/min. bid of $4.995 million. This is a great opportunity for a buyer, a full townhouse priced $3.5 million less than original asking…Wow!

**I am representing buyers for this auction. For further information please contact me directly at (508) 930-6232, or email jheller@warrenre.com


Oct 2009 12

natick-mall-condosATTENTION: Nouvelle at Natick condos - For the next 30 days ALL AVAILABLE UNITS will be available for purchase at auction prices. Contact Jeanine Heller 508.930.6232 or email jheller@warrenre.com

Nouvelle at Natick condos is running an “auction price” special on units – they have extended auction pricing for a limited time. Not only will auction prices be available, but two of the auction units from the Nouvelle at Natick auction are available again. Since the winning bidders of unit #904 (one bedroom + study, 1028 sq ft, $315,000) and unit #913 (3 bed, 1774 sq ft, $501,000)  chose to UPGRADE to larger units because of the incredible values & deals.

43 units were sold at the Natick Nouvelle high-end residential condominium building. 

AUCTION RESULTS:

Unit # / Unit Type / Last Asking / Price Sold For / SQ/FT $/SF  / % Off List Pirce

902     2 Bed / 2 Ba.  $679,900    $355,000  1068   $332              -48%

1002  2 Bed / 2 Ba.   $699,000    $363,000  1068   $340             -48%

626    2 Bed / 2 Ba.   $829,900    $394,000  1212   $325             -53%

632    2 Bed / 2 Ba.   $839,900    $391,000  1212   $323             -53%

1006  2 Bed / 2 Ba.   $695,900    $367,000  1168   $314             -47%

906    2 Bed / 2 Ba.   $639,900    $348,000  1168   $298             -46%

806    2 Bed / 2 Ba.   $644,900    $353,000  1168   $302             -45%

948    2 Bed / 2 Ba.   $649,900    $411,000  1236   $333             -37%

848    2 Bed / 2 Ba.   $624,900    $402,000  1236   $325             -36%

748    2 Bed / 2 Ba.   $599,900    $385,000  1236   $311             -36%

943    2 Bed / 2 Ba.   $839,900    $413,000  1310   $315             -51%

843    2 Bed / 2 Ba.   $819,900    $417,000  1310   $318             -49%

722    2 Bed / 2 Ba.   $614,900    $380,000  1330   $286             -38%

622    2 Bed / 2 Ba.   $698,900    $388,000  1330   $292             -44%

1004  1+ / 2 Ba.        $734,900     $328,000  1078   $304             -55%

904    1+ / 2 Ba.        $699,900     $315,000  1078   $292             -55%

704    1+ / 2 Ba.        $739,900     $364,000  1078   $338             -51%

924    1+ / 2 Ba.        $509,900     $312,000  1041   $300             -39%

824    1+/ 2 Ba.         $604,900     $310,000  1041   $298             -49%

624    1+ / 2 Ba.        $579,900     $308,000  1041   $296             -47%

1003  1 Bed / 1.5 Ba. $509,900    $266,000  875     $304             -48%

903    1 Bed / 1.5 Ba. $489,900    $260,000  875     $297             -47%

603    1 Bed / 1.5 Ba. $449,900    $255,000  875     $291             -43%

944    1 Bed / 1.5 Ba. $559,900    $290,000  922     $315             -48%

844    1 Bed / 1.5 Ba. $534,900    $285,000  922     $309             -47%

744    1 Bed / 1.5 Ba. $514,900    $281,000  922     $305             -45%

942    1 Bed / 1.5 Ba. $504,900    $249,000  796     $313             -51%

842    1 Bed / 1.5 Ba. $479,900    $249,000  796     $313             -48%

1013  3 Bed / 2 Ba.    $1,114,900 $510,000  1774   $287             -54%

1205  3 Bed / 2 Ba.    $1,684,900 $628,000  2110   $298             -63%

1105  3 Bed / 2 Ba.    $1,584,900 $604,000  2110   $286             -62%

1209  3 Bed / 2 Ba.    $1,599,900 $570,000  2056   $277             -64%

1204  2 Bed / 2.5 Ba. $1,284,900 $470,000  1596   $294             -63%

923    2+/ 2.5 Ba.       $765,900    $399,000  1495   $267             -48%

927    2+ / 2.5 Ba.      $984,900    $447,000  1591   $281             -55%

827    2+ / 2.5 Ba.      $765,900    $395,000  1591   $248             -48%

701    2 Bed / 2 Ba.    $649,900     $333,000 1167   $285              -49%

601    2 Bed / 2 Ba.    $634,900     $335,000 1167   $287              -47%

926    2 Bed / 2 Ba.    $645,900     $346,000 1212   $285              -46%

826    2 Bed / 2 Ba.    $784,900     $347,000 1212   $286              -56%

932    2 Bed / 2 Ba.    $659,900     $350,000 1212   $289              -47%

813    3 Bed / 2 Ba.    $1,059,900  $489,000 1774   $276              -54%

913    3 Bed / 2 Ba.    $1,069,900  $501,000 1774   $282              -53%


Averages                     $769,367     $375,884  1261   $300              -49%


Total Sales Volume $16,163,000  Total: 43 Units Sold @ Auction


Sep 2009 22

10ultra-luxuryresidences

IT’S OFFICIAL!!!! We heard rumors of this a few days ago and today it was officially announced; the new construction luxury condos at the Bryant Back Bay are up for Auction on October 17th.

The Bryant Back Bay is situated on the Back Bay/South End line so you get the best of both neighborhoods. Walk a couple of blocks to shop on Newbury or at Copley or go South and walk to restaurant row on Tremont in the South End. The Bryants Boston condos feature large layouts with 2 or 3 bedrooms. Many of the condos also feature private outdoor balconies with views of the South End.

Features and Amenities of the Bryant:

* Stunning lobby designed by Klaus Fuchs (coming in December)

* South End views

* 24-hour on-site resident manager and concierge services provided by Barkan and Tillingers

* Secured on-site parking garage

* Fitness Center (coming in December)

* Private storage units

* Spacious floorplans

* Low common charges

* Two- and three-bedroom residences

* Private elevator with direct access to your residence

* Elegant guest bathrooms

* Private terraces

* Equipped with cable and internet

This auction is going to be run the same way as the auction at the 1850 and the current auction at Nouvelle in Natick.

How the Auction Works and How to Get Your $2000 Cash Back!:

Register: You let me know when you are available and then visit the property with me. We can take our time and browse through the available units and incredible amenities of the building. You can ask me questions throughout the process and we can discuss strategies if you are interested. IMPORTANT – IF YOU REGISTER WITHOUT ME YOU WON”T BE ELIGIBLE FOR THE CASH BACK!

They are very strict on their broker policy and you are out of luck if I’m not physically there with you the first time you enter, Call or Email jheller@warrenre.com or508.930.6232!

Re-visit: After you are registered with me, you can revisit the property as many times as you’d like with or without me. Go back and revisit some of your favorite floor plans, show it to mom, dad, grandma, grandpa, etc.

Practice Auction: There will be a practice auction the day before which will give you a chance to see what it’s like and ask questions.

Auction Day: On auction day you will check in at 12pm at the Colonnade Hotel and the auction begins promptly at 1pm. It lasts roughly an hours in which you bid live on properties. It’s an exciting event with a lot of things happening at once but most importantly, it’s a great chance to pick up a property for pennies on the dollar. Closing: After you close we will give you your $2000 gift card which you can use for whatever you want!

BONUS!!! – If you purchase the Penthouse I will give you $3000 back! So, for those of you looking for a large home in the city with low condo fees and an amazing location, please contact me directly at jheller@warrenre.com or 508.930.6232 for more information.

* Remember, if you don’t register through me you won’t be eligible for the cash back!

Sep 2009 21

property_auction_56892t

It certainly seems as though 2009 has been the year of the Boston condominium auction.  Thus far  Longwood Towers, The 1850, the Nouvelle and the Bryant (although no officially announced, yet) have been put up for auction.  With the Natick Nouvelle Auction set to kick off and registration in full swing many are guessing — “Which luxury condo building will be next?”  While no official word has been released slow sales would suggest The Residences at the W Boston and 45 Province as the auction block’s next victims.

w

The W remains only 15% under agreement and with those residents set to move in December something drastic must be done to avoid an auction. Despite sales troubles the pricing has remained firm at over +$1000/sqft.   While such pricing is typical for new construction in Back Bay and Beacon Hill,  many buyers have a hard time paying the same amount per square foot to live in the  Theater District.  Sure the hotel will feature Jean George’s restaurant Market, but that is not enough to help out sales.

The formula for sales is simple – Create a good project and price it right.  That means taking location and market times into serious consideration.  It all comes down to pricing.

The same can be said of the downtown project 45 Province. Additionally, those who have already purchased with expectations of an easy rental investment that would command a high price are shocked that their expected $7500 2 bed/ 2 bath unit remains vacant even at a much lower $5000 asking price.

Only time will tell.

Sep 2009 10

nouvelle-natick-auction-2Here comes another Boston area auction!  The ultra luxurious Nouvelle at Natick has just announced that it is going to be auctioning 42 of their remaining condos on October 4th.  This is an exciting time to be buying real estate with units priced up to 70% off of last asking price!!

I am offering all of my clients a $1000 American Express gift card at closing if they register with me.  This is free money!  There is no reason not to register through us because you wouldn’t get money back otherwise!  I have great experience with auctions in the recent past with my clients purchasing 10% of the units at the 1850 Auction.  I can provide you with consulting and advice throughout the process to help you be comfortable and make the right decision.

So here is a little bit of information about Nouvelle at Natick:

  • Expansive Windows
  • 9’ Ceilings
  • Elegant Kitchens with Stone Countertops, Custom Cabinetry and KitchenAid, Stainless Steel Appliances
  • Brazilian Hardwood Flooring
  • Luxurious Marble Bathrooms
  • European-Style Balconies and Spacious Terraces
  • Prewired for Broadband, Digital Television, Home Theater and Whole-house Audio
  • Building Services by Barkan Management
  • Concierge Services by Tillingers
  • Neiman Marcus Make Yourself at Home
  • Dining at Your Doorstep by Sel de la Terre
  • Bosse Sports and Health Club
  • Interior Design Services
  • Personal Shopping
  • Travel Planning

How the Auction Works:

nouvelle-natick-auction-pricing

Register: You let me know when you are available and then visit the property with me.  We can take our time and browse through the available units and incredible amenities of the building.  You can ask me questions throughout the process and we can discuss strategies if you are interested.  IMPORTANT – IF YOU REGISTER WITHOUT ME YOU WON”T BE ELIGIBLE FOR THE CASH BACK! They are very strict on their broker policy and you are out of luck if I’m not physically there with you the first time you enter, so just give me a call or email and I will be.      jheller@warrenre.com or 508.930.6232!

Re-visit: After you are registered with me, you can revisit the property as many times as you’d like with or without me.  Go back and revisit some of your favorite floor plans, show it to mom, dad, grandma, grandpa, etc.

Practice Auction: There will most likely be a practice auction the day before which will give you a chance to see what it’s like and ask questions.

Auction Day: On auction day you will check in at 12pm and the auction begins promptly at 1pm.  It lasts roughly an hours in which you bid live on properties.  It’s an exciting event with a lot of things happening at once but most importantly, it’s a great chance to pick up a property for pennies on the dollar.

Closing: After you close we will give you your $1000 gift card which you can use for whatever you want!  Luckily Nouvelle is located at the Natick Collection fashion mall so I’m sure you can find a way to easily spend that money!

So, for those of you looking for a Ritz Carlton or Four Seasons type lifestyle outside of downtown Boston and at affordable prices, Nouvelle is the answer.  Contact me directly at jheller@warrenre.com or 508.930.6232 for more information.  Remember, if you don’t register through me you won’t be eligible for the cash back!