Boston is an iconic city, and each neighborhood has a distinct history and culture. However, the Back Bay sticks out among the city’s historical neighborhoods. Located on the south shore of the Charles River, Back Bay is popular for its Parisian-style row buildings on tree-lined roads. If you are new to Back Bay or wondering what all the fuss is about, this article will get you up to speed. Read on to learn everything about this neighborhood, including why so many people desire to acquire Back Bay luxury houses.
The History
Back Bay is listed as a historic place on the national register. Construction on many of the area’s finest homes started in 1959, when demand for luxury homes skyrocketed. The classic row of brownstone Victorian homes is an outstanding example of 19th-century architecture preservation.
The Boston Architectural College and Boston Public Library are two notable buildings in the neighborhood. The region was initially designated only for residential use. After 1890, the law changed, and Back Bay is now home to multiple noteworthy buildings, including the Prudential Center, the Hancock Tower, as well as several major hotels.
The Location
Getting about the Back Bay is easy, whether you want to walk or take public transportation. In under 15 minutes, you can stroll to downtown Boston, or take the MBTA Green Line to get wherever you want.
Many residents love taking leisurely strolls in the Back Bay. It is a walkable neighborhood with plenty of lovely Victorian-style homes and the Charles River’s banks.
The Housing Market
Back Bay real estate is a relatively competitive market. Renters in Boston’s Back Bay neighborhood pay a premium for living there.
However, average prices for homes for sale in Back Bay are falling, and most homes sell for less than the asking amount. The median sales price of a property is roughly $900,000, a substantial decline from last year. Most properties sell within one month of going on the market.
The Nightlife
Living in Back Bay means living at the heart of Boston’s nightlife. If you wish to spend the night out, you have many spots to pick from in the Back Bay. The Bepop is one of the most well-known bars in the region, thanks to a visit by Bruce Springsteen back in 2019.
If you want to get some nice margaritas, you should visit Casa Romero. Casa Romero is one of the best restaurants in Back Bay, with an impressive menu of traditional Mexican foods and drinks. Another notable place to visit is OAK Long Bar + Kitchen at the Fairmont Copley Plaza.
The Shopping
Boylston Street and Newbury Street are often regarded as the 2 finest shopping avenues in the Boston area. Stores on Newbury Street are often more high-end.
You can also visit the Boston Olive Oil Company and sample over 50 different balsamic vinegar and olive oil types. Each blend is available for sampling, so you can try them before deciding which one to buy.
Work with a Knowledgeable Real Estate Agent
Ready to start shopping for houses in the Back Bay? Look no further than Miller & Co. Team to help you get started. On their team are some of the highly rated and most successful real estate professionals in the entire Boston area. Miller & Co. Team takes great pleasure in educating their clients on the current state of the housing market so that they may make informed selections when buying homes. Reach out today!
