Greater Boston Market Trends I Winter 2023 I Maiullari Brennan Team

Greater Boston Market Trends

Winter 2023

Recently Sold by Engel & Völkers

1 Winter Place, #PH I $2,680,000

363 Marlborough St, #3 I $1,280,000

22 Reed Street I $715,000

160 Commonwealth Ave, #705 I $990,000

50 Commonwealth Ave, #901 I $1,887,500

56 Prince St, #8 I $525,000

Setting the bar for sophisticated real estate

At Engel & Völkers Boston, we embrace our city’s simple ethos — work hard, play hard, treat clients like family. Our advisors work each transaction with the same care and diligence as if they were purchasing or selling themselves.

We’re not just the most successful in the area, we reflect the Engel & Völkers’ culture of teamwork, passion, and expertise. With state-ofthe-art real estate tools and technology, global luxury brand recognition and unrivaled market and marketing dexterity, we deliver concierge class service during the purchase or sale process and beyond.

Call on us for your next transaction. Our bold strategies and individual counsel are crafted to impart the information you’ll need to make informed decisions in an increasingly complex real estate marketplace.

Engel & Völkers Americas Year in Review: Finishing out the year strong !

2022 Year in Review Video

boston.evrealestate.com

©2020 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing. Information about any property described was provided solely by seller(s) without verification by the broker(s) therefore broker(s) is/are not responsible for the accuracy of the information contained herein. Buyer should take any and all steps necessary to verify said information. Offerings are subject to prior sale, price change or withdrawal without notice. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. An Equal Opportunity Employer. Equal Housing Opportunity.

Winter Property Spotlight

50 Beacon Street I Chestnut Hill Newton

40,000 Sq Ft Lot I 5+ Bedrooms I 5F 2H Bathrooms I 6,194 sq ft

Magnificent Colonial in Villa style set amid sprawling gardens with sweeping views of the Reservoir. Stucco exterior and barrel tile roof set the stage for large entry hall with charming study and powder room. Elegant fireplaced living room with paired doors opens to terrace offering gorgeous views, lovely breezes and al fresco entertaining for a crowd and an adjoining dining room. The back of the house creates casual dining open to kitchen and family room lined with casement windows. Upstairs center hall anchors 4 bedrooms and 3 baths including a primary suite with a charming sitting room. Wonderful 2-room plus bath au-pair suite or studio atop big dormered, heated 4-car garage.

201 Pearl Street, Unit 2 I Cambridge

Ideal location I 3 Bedrooms I 2 Bathrooms I 1,172 sq ft

This floor through 3-bed 2-bath condo in the heart of Cambridgeport exudes both style and functionality. Beautifully appointed with a thoughtful floor plan, the elegant living space features a fireplace and bay windows and flows seamlessly to an inviting dining area and a sleek kitchen with top of the line finishes and appliances. Coffered ceiling, ample closet and a spa-inspired en-suite bath in the primary bedroom. Hardwood floor throughout. The generous 13 ft deck for retreat or entertaining and an additional storage room in the basement complete the deal. On a leafy street with quick access to Central & Kendall Squares and the Charles River, this rare gem is not to be missed.

42-44 Beach Street, Unit 10C I Chinatown

Urban Loft Living I 1 Bedroom I 1 Bathroom I 760 sq ft

Urban loft living in the very heart of Boston’s vibrant Chinatown bustle! Coveted Avana Lofts offers up open spaces designed for lounging, dining and entertaining with a wall of windows revealing the cityscape as a backdrop. Warm wood accents, flooring and cabinetry offer the perfect foil to sleek white walls and design features. Gorgeous chef’s kitchen has more than ample cabinetry, stone topped workspaces, premium appliances and glorious views. The bedroom is quite generous with great closet storage and in-unit laundry. The adjacent bath is spa-inspired with wood accents and luxury design finishes.

Winter Property Spotlight

362 Commonwealth Avenue, Unit 2A I Back Bay

Renovated I 2 Bedrooms I 1 Bathroom I 790 sq ft

Wonderful & rare, renovated, 2 bedroom in the heart of Back Bay along beautifully tree-lined Commonwealth Ave! This home is centrally located in a professionally managed elevator building with a spectacular common roof deck, private front facing balcony, common laundry on each floor & easy access to all Back Bay conveniences. Enjoy cooking in an open kitchen with stainless steel appliances & gas range. Both bedrooms are excellent size, perfect for a share situation, to host visitors comfortably, child’s room or as your home office. Front facing home with your own private front facing balcony overlooking the stunning Commonwealth Ave Mall.

133 Seaport Blvd, Unit 722 I Seaport District

Echelon I 2 Bedrooms I 2.5 Bathrooms I 1,285sq ft

Better than new! Designer home + balcony with views facing both Boston Harbor and all the Seaport neighborhood has to offer. Extensive upgrades throughout this sunlit home complete with white oak plank flooring, custom lighting, and generous closets/storage. Elegant foyer and gracious living areas designed for reclining and conversation. Dining alcove opens to sleek Euro-style kitchen featuring Thermador appliances + Italian cabinetry complete with breakfast seating. Most desired layout with split bedrooms and en-suite baths. Echelon community areas wrapped in exotic stone, wood and metal finishes highlight 50,000 sf of lifestyle options.

8 Whittier Place, #10C I West End

Whittier Place I 2 Bedrooms I 2 Bathrooms I 1,223 sq ft

Warm and inviting two bedroom home on the 10th floor at Whittier Place has city views, great light, and a wonderful layout with an abundance of closet space. The spacious living room is designed for entertaining, and located off of the living room is access to your private balcony. Kitchen renovations include white cabinetry, gas cooking, and a large breakfast bar with granite countertop which opens to the living area. Spacious bedrooms both fit King beds, and the main bedroom has a large closet and views of the Zakim Bridge & Charles River. Recent high-end designer renovations of interior common areas include marble lobby and fireplace.

Back Bay Neighborhood Market Trends

Back Bay Neighborhood Statistics

Back Bay’s rich history and trendy restaurants,shoppingandnightlifecreate a vibrant atmosphere everyone wants to be part of. Our own office is located in the heart of Back Bay and we can attest to the majestic bustle! The number of condos sold decreased 34% year-overyear in the fourth quarter. The average sales price decreased due to a lack of inventory and overall market conditions. The current average list price for a condo in the Back Bay is $4,189,756 with 90 units on the market.

Data

Beacon Hill Neighborhood Market Trends

Beacon Hill Neighborhood Statistics

Brick row houses with beautiful doors and gaslit cobblestone sidewalks lined with window boxes all add to the charm and mystique that can only be found in Beacon Hill. The number of condos sold dropped24%year-over-yearinthefourth quarterwhileaveragesalepriceremained steady. Days on market has increased pointing to a more balanced market and wepredictmoreinventorytocomeonthe market in the coming weeks. The current average list price for a condo in Beacon Hill is $2,900,000 with 27 units currently on the market.

Average price per square foot (Q4)

Hill condos

Brookline Neighborhood Market Trends

Data per MLSPIN 13

Cambridge Neighborhood Market Trends

Cambridge Neighborhood Statistics

Cambridge is located directly across the Charles River from Boston. It’s home to world famous universities, highly-rated publicschoolsandanimmensecivicpride in its vibrant cultural scene. The number ofcondossolddecreased33%year-overyear in the fourth quarter. The average sales price increased slightly and days on market increased 23%. Our listings in Cambridge are not lasting long! With students and professionals alike heading back to the Cambridge market, we are sure to see a strong start to the spring market in your neighborhood.

Cambridge Featured Listing 201 Pearl Street, Unit 2

This floor through 3-bed 2-bath condo in the heart of Cambridgeport exudes both style and functionality. Beautifully appointed with a thoughtful floor plan, the elegant living space features a fireplace and bay windows and flows seamlessly to an inviting dining area and a sleek kitchen with top of the line finishes and appliances. Coffered ceiling, ample closet and a spa-inspired en-suite bath in the primary bedroom. Hardwood floor throughout. The generous 13 ft deck for retreat or entertaining and an additional storage room in the basement complete the deal. On a leafy street with quick access to Central & Kendall Squares and the Charles River, this rare gem is not to be missed.

Charlestown

Neighborhood Market Trends

Charlestown Neighborhood Statistics

Charlestown is steeped in history with brick townhouses in a waterfront neighborhood that is home to the Bunker Hill Monument, the Navy Yard and endless stories of its colorful past. This quarter, the number of condos sold dipped 32%. The average days on market increased 11%, and the average sale price increased 4%. Over the past four years the “price per square foot” has remained very steady. We recently listed and sold a fabulous single family in your neighborhoodfortopprice-callformore information!

Jamaica Plain Neighborhood Market Trends

Listings Sold Days on Market Average Sale Price Sale to List Price Ratio Q4 2021 88 36 $680,421 101% Q4 2022 62 36 $699,247 106% 18

per MLSPIN

Data 2021 $582

Jamaica Plain Featured Listing

172 Green Street, Unit 5

Incredible one-of-a-kind urban loft living space located in a turn of the century carriage factory. This newly renovated 2 bed and 2 full baths offers all the characteristics of a loft but fully modernized. Tons of natural light with south-facing oversized windows complete with new Shade Store blinds; exposed brick walls and wood beams; and gorgeous wood floors. Open floor plan lends itself for entertaining with a chef’s kitchen equipped with gas cooking, tons storage, and custom-built granite counter that can serve as a dining area. Spacious primary bedroom and large en-suite bath with double vanity. Enjoy a large second bedroom or home office with brand new guest bath. The unit also offers central AC, assigned parking, in-unit laundry, and 2 private storage rooms. Pet-friendly professional managed building with outdoor patio, bike storage, and elevator. Easy access Orange Line/SW Corridor Park/Franklin Zoo and many eclectic cafes, breweries, and shops.

Medford Neighborhood Market Trends

Neighborhood Statistics

Medford is one of Boston’s best kept secrets. It’s just minutes from downtown Boston, filled with fabulous restaurants, shops and bars, plus easy access to public transportation - who knew?! The number of condos sold decreased 7% whiledaysonmarketdippedinthefourth quarter. Selling prices are still going over theirlistpricewithaslightincreaseofthe averagesalesprice,themarketiscertainly showing signs of a strong quarter ahead. Over the past four years the “price per square foot” has remained steady with a solid jump in 2022.

Midtown Neighborhood Market Trends

Boston’s Midtown is centrally located near Boston Common and driven in part by the many full-service buildings. The average sales price jumped a staggering 44% with an average list price currently at $3,514,347 and 43 units on the market forsale.Numberoflistingssoldanddays on market both increased. The fullservice market in the Midtown neighborhood is certainly coming back. Keep an eye out for more information on Midtown’s newest development, The Residences at WinthropCenter-goinglivewithaSpring 2023 occupancy!

Newton Neighborhood Market Trends

Newton is located just seven miles West of downtown Boston and built around 13 distinctvillagecenters-eachwithitsown character. It’s also home to one of our shops at 77 Union St. in Newton Centrestop by and visit us anytime! After a strong push to move to the suburbs, the number of single family homes dipped 23%year-over-yearforthefourthquarter with lack of inventory still being an issue. In addition, the average sales price of a home increased 7% and is consistently going close to the list price. If you have ever considered selling your home in Newton, now is the time!

Newton Featured Listing

50 Beacon Street I Chestnut Hill

Live waterside in Chestnut Hill Historic District at the intersection of coveted Boston, Brookline and Newton. Magnificent Colonial in Villa style set amid sprawling gardens with sweeping views of the Reservoir. Stucco exterior and barrel tile roof set the stage for large entry hall with charming study and powder room. Elegant fireplaced living room with paired doors opens to terrace offering gorgeous views, lovely breezes and al fresco entertaining for a crowd and an adjoining dining room. The back of the house creates casual dining open to kitchen and family room lined with casement windows. The kitchen is outfitted above and below with raised-panel wood cabinetry and a Wolf range. Upstairs center hall anchors 4 bedrooms and 3 baths including a primary suite with a charming sitting room. Uppermost and lower levels offer additional bedrooms and storage with latter housing a kitchenette and enormous recreation room. Wonderful 2-rm + bath au-pair or studio atop big dormered 4-c garage.

North End Neighborhood Market Trends

North End Neighborhood Statistics

The North End is one of Boston’s most historic neighborhoods, famous for its iconic streets and historic figures, architecture and amazing culture and restaurants. The number of listings sold remained steady. The average sale price increased drastically by 47% year-overyear in the fourth quarter. We’re excited to announce our fourth Engel & Völkers locationat345HanoverStreetisofficially open- stop by anytime! We are sure to have some great coffee and pastries on hand at all times.

23 Fleet St, Unit 5

North End

Sunny front-facing unit in the coveted North End with the iconic bustle of Hanover Street and the quiet of Boston’s Waterfront at your doorstep! High ceilings and warm bamboo flooring enhance a great open layout creating spaces for everything. The 2017 renovation included kitchen, electrical and multiple design upgrades. Great chef’s kitchen with shaker-style maple cabinetry and a granite breakfast bar and fabulous designer tiling and fixtures in the bath as of four years ago. Stable association offers common laundry and private deeded storage. Building is non-smoking and pet friendly with easy access to the airport and points around town on Green/Orange/Red and Blue lines. We don’t have space to fully extoll the joys of the food, culture and indoor and outdoor recreation both in the North End neighborhood and surrounding downtown Boston neighborhoods

56 Prince St, Unit 8 I North End SOLD

Great two bedroom on an iconic North End street, perfect for first time homebuyers, investor or piedà-terre! Open living and dining with great light, leafy courtyard views and warm hardwood floors. Sweet kitchen with plenty of cabinet storage and stainless stove, fridge, dishwasher. Both bedrooms are nicely sized with good closets and nice light. Be at the heart of it all in a celebrated Boston neighborhood. Excellent access to all the dining, shopping, history and charm for which the North End is famous the world over. Easy commuter options in and out of the city by public or private transport.

Seaport District Neighborhood Market Trends

The Seaport District is Boston’s newest neighborhood with an influx of vibrant luxury buildings. The number of condos sold dropped off significantly by 51% year-over-year in the fourth quarter. The average sale price decreased due to no new recent developments being sold and closed in this quarter. Many units in these luxury buildings are selling, continuing to drive activity in the neighborhood. The St Regis has officiallyjoinedtheneighborhoodandis certainly a wonderful addition to have!

Somerville Neighborhood Market Trends

Somerville offers its proud residents an urban/suburban feel with proximity to downtown Boston and many bars, restaurants, coffee shops and parks. The number of condos sold decreased 34% year-over-year for the fourth quarter. Days on market and the average sale price both increased slightly. Somerville continues to be a highly sought after neighborhood. Over the past four years the “price per square foot” has been steadily increasing.

10 Silvey Place, #3 I Offer Accepted

Somerville

A private way leads to 10 Silvey Place, a dynamic top floor Spring Hill home. Twenty one custom dressed windows embrace all four exposures. Astounding natural light creates the most captivating ambience. The highly versatile open layout of the living /dining/kitchen space lends to ease of enjoyment & entertainment. This home’s bright private front porch offering city views flows off the living space.Each bedroom boasts stand alone attributes. Discover one bedroom’s cheery atmosphere & its expansive 8 ft long walk-in closet.Or, marvel at the 2nd bedroom’s 8 wrap around windows & wall of custom adjustable wood shelving. Brilliant hardwood floors,central a/c, coat closet. 117 sq ft private heated storage/ laundry room, pretty common yard w/ fruit tree & flower gardens. Building was rebuilt in 2006 & Lead Paint test was conducted in 2019.

31 Adrian St

Offer Accepted

Located just steps outside Union Square, this 2-family home is loaded with untapped potential. Union Square is designated as Somerville’s most upcoming neighborhood full of countless restaurants, bars and new MBTA Green Line T-Stop. 31 Adrian Street works great as a condo conversion or rental investment. For buyers truly interested in a fantastic home, this project can be converted into a stunning single-family home, similar to other homes currently on the street and neighborhood. Good sized backyard with an unobstructed view of Lincoln Park. New Navien on-demand heating system plus updated plumbing.

South End Neighborhood Market Trends

End Neighborhood Statistics

The South End is one of the most beloved and popular neighborhoods in the City. It’s iconic brick rowhouses were the first in the nation; add a rich social, shopping and dining scene and it’s no wonder there are so many “lifers!” The number of condos sold year-overyear for the fourth quarter decreased 53%. The average sales price increased slightly. The ratio of sale to list price (this is the amount buyers can expect to pay) dropped a bit. We are looking forward to seeing more inventory coming on soon, hopefully! There are currently 67 condos on the market with an average list price of $1,605,651.

Data per MLSPIN

South End Featured Property SOLD

Gorgeous Penthouse Duplex housed in Brick Bowfront on one of the most coveted South End streets. Past a charming front garden and up a lovely curved stair lies sunlit living with leafy streetscape views through oversized windows and warm wood floors crowned by private roofdeck and panoramic skyline views. Open living and dining spaces with thoughtful built-ins and a gas fire are perfect for entertaining and lounging. An exceptional chef’s kitchen offers custom lit and shaker-style cabinetry, granitetopped workspaces and breakfast bar with a wine fridge and full complement of premium Viking appliances. Both bedrooms have lovely views and en-suite baths outfitted with sleek marble/glass tile. Appleton is quaint, tree-lined and most notable for its proximity to Back Bay, Bay Village and the dining, shopping and culture that creates Southenders for life. Glorious roofdeck and recreation draws you outdoors with easy commutes by bike or car. Enjoy your perfect blend of charming and urbane!

South Boston Neighborhood Market Trends

South Boston Neighborhood Statistics

South Boston is a neighborhood on the move,hometomanyyoungprofessionals and families drawn to the vibrant community and convenient location. The number of condos sold decreased over 50% year-over-year for the fourth quarter. Buyers are out looking, if you have ever considered selling in South Boston, now might be an ideal time to list your property! Come visit us at our South Boston location anytime- 493 East Broadway!

Waterfront Neighborhood Market Trends Waterfront Neighborhood Statistics

Boston’s Waterfront, beyond it’s salty air andgloriousviews,hasarichhistoryaswell. It’shometomanyfullservicebuildings,the Harborwalk, and New England Aquarium. The number of condos sold decreased 36% year-over-year for the fourth quarter. The ratio of sale to list price decreased and the average days on market increased 47%.Theaveragepricepersquarefoothas remainedconsistent.With6unitscurrently under agreement in the Waterfront and 26 for sale, the market is in full swing.

Boston’s

West End Neighborhood Market Trends

West End Neighborhood Statistics

The West End, with its glorious Charles River views and iconic Zakim bridge, sits adjacent to the famed Beacon Hill and has many luxury high-rises. It’s also conveniently located near Mass General Hospital, TD Garden (home of the World Champion Boston Celtics and Bruins) and the Museum of Science. The number of listings sold decreased but interest remains strong. If you have ever consideredselling,nowisthetime!There are currently 11 condos on the market withanaveragelistpriceof$529,618and 5 under agreement.

West End Featured Property

6 Whittier Place, Unit 16L

Investors! Fantastic city views from your private balcony with views of the Charles River and Zakim Bridge from this large studio condo. This home has room for a queen bed, dining table, chairs, couch, desk, and has an abundance of closet space. High-end designer renovations of interior common areas completed in 2019 include marble lobby, hallways, elevators, unit doors, and lighting. Professionally managed association with 24/7 concierge and on-site management. Landscaped common courtyard. Adjacent to condo are the Clubs at Charles River Park with indoor/outdoor swimming pools and work out facilities. Easy walk to MGH, MEEI, Whole Foods, Beacon Hill, Back Bay, North End, and Financial District. Steps to Esplanade’s walking and bike trails, and MBTA green and red lines.

Fully dedicated team of experts

Engel & Völkers We’re everywhere you want to be.

Engel & Völkers manages a global marketing infrastructure out of our corporate headquarters in Hamburg, Germany that supports our shops and advisors worldwide. This support adds to the targeted marketing strategies delivered by our Americas headquarters in Manhattan to support the local markets served by our Engel & Völkers advisors. Each local shop then leverages the brands national and international resources and reach through its dedicated marketing specialist who works with each advisor to create customized, multi- channel campaigns for each property we market.

Engel & Völkers marketing strategies and offerings are rooted in data and research for optimal results --- at every level. By identifying the unique qualities of a property and placing it in the context of current and trending market conditions, we then identify target market groups and create campaigns to provide maximum exposure of the property alongside messaging and branding to attract the most qualified buyers. Our creative approach is also backed by consumer data and testing to ensure we highlight your property in the best light.

Smart marketing. Extensive exposure.

Giving you the EDGE.

Global reach with boutique style is what you can expect when working with an Engel & Völkers advisor here and around the world. Providing unprecedented reach of your property, Engel & Völkers offers the exclusive EDGE (Extensive Domestic & Global Exposure) platform designed to maximize online exposure of your listing to qualified buyers worldwide via a suite of highly trusted and strategic online and mobile marketing partners. But we don’t stop there. With a global network of more than 11,000 real estate professionals in more than 30 countries, we not only reach millions of consumers, but are able to collaborate with our fellow Engel & Völkers advisors to strategically handpick and refer buyers for the specific properties they seek … like yours.

Let us provide the EDGE you need to sell your home and begin your next adventure.

The world deserves to see it. You deserve to sell it.

Support our Local Restaurants and Businesses

Lolita

271 Dartmouth St, Boston 02116

Decadent Back Bay Party Spot Lolita Reawakens

After Two Years With a $2.75 Million Makeover. The restaurant underwent a major overhaul that includes a 60 to 85-seat dining room expansion and a swanky new bar devoted to mezcal. The taco-laden menu is the same, as is the overall layout of the space. But COJE, the vibey restaurant group behind Lolita and other hits including speakeasy-style bar Yvonne’s, poured money into redesign.

Charlestown’s latest restaurant is a product of the pandemic. Johnny Pomodoro, an Italian counter-service spot that started as a pandemic takeout idea from fine dining alum Johnny Burke, is now open at 297 Main Street, at Sullivan Street, on a sunny corner spot in the neighborhood. Detroit-style pizzas — identified by their rectangular shape, thick, spongy dough, and sauce splattered on after toppings — are a big draw here.

Stillwater

120 Kingston St, Boston 02111 SRV

Stillwater is a restaurant that serves comfort food with a twist -- it’s a lively space filled with fancified classics and fresh cocktails. At the helm of the kitchen is local gourmet junk food expert and Food Network’s Chopped Gold Medal Games Champion Chef Sarah Wade! Stillwater is a neighborhood spot, where guests are encouraged to kick back and tickle their taste buds with Chef Sarah’s seasonal picks paired with creative cocktails.

569 Columbus Ave, Boston 02118

SRV, Serene Republic of Venice, is Boston’s first Venetian-style Bacaro and wine bar. Specializing in cicchetti (small bites), pasta made from fresh-milled flour, and made to order risotto, SRV pays homage to traditional Venetian food with a modern interpretation. SRV is a neighborhood centric location that features an exclusively Italian wine list and cocktails with heavy Italian influence.

Johnny Pomodoro 297 Main St, Charlestown 02129

Engel & Völkers Cares

Engel & Völkers Cares

Special Olympics

Engel & Völkers is a proud champion of Special Olympics, specifically focused on creating more inclusive communities through its Athlete Leadership and Play Unified programs. We are committed to giving back to and investing in the neighborhoods our clients desire because these too are the places in which we live, we play and we raise our families.

Engel & Völkers is a proud champion of Special Olympics, specifically focused on creating more inclusive communities through its Athlete Leadership and Play Unified programs. We are committed to giving back to and investing in the neighborhoods our clients desire because these too are the places in which we live, we play and we raise our families.

Special Olympics athletes contribute to our story. From them we learn, we think differently and realize what we can accomplish as individuals, as local

Special Olympics athletes contribute to our story. From them we learn, we think differently and realize what we can accomplish as individuals, as local

brokerages and together across time zones and borders—it’s a common good that unites us. Every hour given, every dollar donated, every kind word spoken and every door opened creates opportunities for those who need it most. We believe that in order to lead, we must empower others to do the same.

brokerages and together across time zones and borders—it’s a common good that unites us. Every hour given, every dollar donated, every kind word spoken and every door opened creates opportunities for those who need it most. We believe that in order to lead, we must empower others to do the same.

Ask how our shop specifically contributes to this amazing cause.

Ask how our shop specifically contributes to this amazing cause.

Meridian Realty Group Full Service Property Management

Selling pretty properties isn’t our only goal. Keeping them pretty is part of our service.

24/7 Full Service Property Management Division

As part of Engel & Völkers’ service, we offer 24/7, full service property management through our sister company, Meridian Realty Group (MRG). Meridian offers wide ranging resources providing hands-on management for owners, investors, residents and their properties. We specialize in associations from three to 100+ units. State-of-the-art management and property accounting systems are in place to electronically pay condo fees, submit work orders, track rental activity for multi-family owners, and provide online access to building documents and monthly financials. We work closely with associations, condominium boards, and single and multi-family owners to establish and implement policies that will enhance quality and property values.

Meridian Realty Group utilizes a unique team approach providing comprehensive residential and multi-family property management services. Our senior principals have over 100 years of combined experience in property management; creating programs and services tailored for each individual client.

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Preventive maintenance is the regular inspection and repair of equipment and facilities to prevent extensive, costly damage from occurring over time. Preventive maintenance can go a long way toward reducing the overall cost of your condominiums, as large expenditures for repairs and replacements can often be avoided by a careful attention to detail. Following a thorough condominium preventive maintenance checklist can help you to increase the attractiveness of your property.

Landscaping

Landscaping not only adds value, but can increase the enjoyment of your home. Whether it be in the common or private areas of your association, picking the right plantings and materials is important to maximize enjoyment for all.

Building Overview

Now is a great time to make your front entrance welcoming. Whether it is a fresh coat of paint or a new set of planters, it’s the small inexpensive things that can make a world of difference. Don’t forget to review your vendors from last year. Were you happy with the snow removal, leak repairs, heating, management company responsiveness, etc.? If not, make a couple of calls to see who else might better fit your needs.

Inspections

Perform regular inspections on all equipment and facilities that are subject to damage or normal wear and tear. Inspect such things as roofs, insulation, ventilation systems and appliances to ensure that they are operating safely and efficiently.

Cleaning

Stick to a regular cleaning schedule for fixtures such as air ducts and exterior siding to ensure that dirt, mildew and other buildup does not cause any damage. Clean and replace filters in heating and air conditioning units, as well as appliances such as washing machines and dryers, to prevent fire damage. New or cleaned filters also help to keep electricity costs down, as the appliances can operate more efficiently with an unrestricted flow of air.

Pest Control

Bring pest control specialists into your condominiums at least once per year. Common pests can increase their populations rapidly and can quickly infest an entire property, causing extensive damage to interiors and electrical infrastructure. Act proactively to ensure that pests do not gain a foothold in your properties, and respond quickly to any pest complaints.

Testing

Test emergency equipment such as sprinkler systems, smoke alarms and fire extinguishers to ensure that they remain in working order. Properly maintained safety equipment can prevent a small mishap from becoming a major disaster. Fire escapes need to be certified every 5 years per the Commonwealth of Massachusetts. Elevators need state inspections on a scheduled basis.

Sealants

Reapply all sealants before a problem occurs. Sealants on steps, decks, bricks, exterior paint and window caulking can corrode over time, exposing your property to the risk of internal damage. Keeping on top of these items not only helps to keep your structure strong, it can also cut down on energy, assessments, and repair bills in the future.

CRAFTING BESPOKE HOMEBUYING EXPERIENCES IN BOSTON.

WE ARE ENGEL & VÖLKERS.

Michael’s passion for real estate is in his genes, literally! Michael was born and raised in Boston of a real estate broker and general contractor. Needless to say he knows and loves the nuances of this City and surrounds. After a 14-year tenure in community banking working closely with residential and commercial lenders and his real estate upbringing, Michael has both the knowledge and expertise to provide a flawless experience for his clients.

As a visual artist specializing in painting, design and a special ed background, Anthony has both the vision and compassion to make your real estate journey low stress. He can ease you through the bumps in the road and envision your perfect paint colors! He learned his love of real estate at his grandfather’s knee growing up. He graduated from Emmanuel College with a double major in studio are and secondary education and went on to complete his Masters in severe and multiple disabilities at Boston College.

Together, Michael and Anthony as both life and business partners, this team checks all the boxes for the perfect advisors; a passion for property and the City and a working knowledge of banking and design! They work and live downtown spending their free time checking out new restaurants and luxury developments. When the thermometer tops 60 degrees, you’ll find them at the nearest beach when they’re not out with clients. Give them a call anytime, they’d love to share their passion and knowledge of this incredible city they call home.

Anthony Maiullari and Michael Brennan Maiullari Brennan Team

Engel & Völkers Boston

46 Gloucester Street

Boston, MA 02115

Mobile: 617 756 2183

maiullaribreannanteam@evrealestate.com