Buying a single family in Powder House Square
If you are thinking of buying a single family home in the Powder House Square of Somerville, you are going to find a few buckets of pricing.
The first bucket tends to be - needs a serious overhaul and/or smaller house (most frequently 1,500 square feet or smaller). These tend to land in the $850k to $1M range. Expect to spend many hundreds of thousands of dollars to make the property truly updated and nice again. Sometimes as much as $500k+ if you really want to go all the way with these.
Next up, you’ll occasionally see the smaller and updated single families. I don’t see a ton of these, but they typical land somewhere around 1,500 square feet and typically have 3 beds and 1 or 2 bathrooms. These tend to land in the $1.4M to $1.6M range.
The final bucket are the updated, well-sized and nice Powder House Square single families. Most of these are 2,000 square feet and can go up to 3,000 square feet. They typically start around $1.7M in price and can go up into the low $2Ms.
This part of town is great to own a single family, generally you can walk a few blocks and arrive at a park, a cafe, a few great restaurants and a grocery store. You’re also typically not too far away from the Somerville Community Path regardless of where you are in Powder House Square.
If you are considering a single family home purchase, give me a ring at 617-833-7457 and we can find the right buy for you!