April 25, 2008
New in Salem and Beverly
A couple of newbies to check out in Salem:
8 Albion Street is a steal; this 1850s house has some great features to work with. 1700 square feet for $204k! If I were in the market, you can bet I’d look twice at this one. No inside pics…so what does TLC mean, exactly?
Someone’s already loved on 11 Orleans Avenue — it’s on the garden tour (sigh). In 1993, it sold for $138k. Now it’s $389,900. Still, not bad for 1900 square feet. I’m curious to see what it goes for in this market.
12 Cox Court #PHB in Beverly isn’t far from the Anchor, where they have $3 Guinness drafts all week long and the best chicken parm sandwich in town. PHB? Pent House or Bust? Peanut, Hummus and Banana?
The image above links to its source. Salem Village, where the witch trials took place, is really in Danvers somewhere.

Mike said:
I’ve noticed a lot of your posts tend to focus on square footage. You realize if a large house is selling for a low price per square foot, there’s probably something wrong with it, right? Have you even viewed any of these large cheap houses you’re always posting about? When I was searching for houses this past winter, I stopped looking at listings with only 3-4 pictures because in every instasnce it ended up being a complete gut job w/busted gas pipes, etc. I think some of these posts would be more useful if you viewed them first, then gave a little review (like some of the other bloggers on here). That would weed out the pre-foreclosures that no one wants to look at. Anyone can look at redfin’s listings and find the same low-price-per-square-foot listings that you post on here… just my 2 cents.
April 26, 2008 12:56 PM
mike.martin said:
It’s kind of obvious that you get what you pay for, and I can’t really shop for you — it’s one thing to be a buyer taking up an agent’s time, and another to be a blogger for a potential competitor
There are, in fact, contractors and do-it-yourselfers out there who are looking for low $/square foot.
In fact, buy-in is often the hardest part for people of modest means. And YOU may not want a pre-foreclosure, but that doesn’t mean someone else isn’t interested in just that. If you were a carpenter or electrician buying your first house, and I showed you a $204k 5 bedroom, and you had 2 kids with one on the way, you might feel differently!
The other reason I post “contractor’s specials” is in the hope that someone going through the archive might find something way, way under market — like the first place I offered on when I bought.
As the spring market picks up and I have more time (school’s over next week!) I’ll try to hit more open houses for you.
April 26, 2008 3:39 PM