Here’s What You Can Buy for $500,000 Right Now

Photo courtesy of Gibson Sotheby’s International Realty
Homebuyers with a budget of $500,000 could probably swing a sizable single-family home in the suburbs. In and around the city, though, and that budget tells a different story.
While it’s still possible to score a perfectly pleasant place to live in the $500,000 range in Boston, houses at this price point generally aren’t single-family homes. Instead, they’re small to medium-sized condos that stray from Boston proper. (This week, that excludes an especially tiny studio apartment on Commonwealth Avenue.) Still, there are gems to be found in Dorchester, Somerville, and beyond.
Here, find five examples of what you can buy for $500,000 right now.

Photo courtesy of Gibson Sotheby’s International Realty
1. 71 Sawyer Avenue #2, Dorchester
Price: $509,000
Size: 1,079 square feet
Bedrooms: 2
Baths: 2

Photo courtesy of The Galvin Group, LLC
2. 59 Pleasant Street #1, Dorchester
Price: $509,000
Size: 1,105 square feet
Bedrooms: 2
Baths: 2

Photo courtesy of Compass Massachusetts, LLC
3. 252 Commonwealth Avenue #4, Back Bay
Price: $509,900
Size: 475 square feet
Bedrooms: 0
Baths: 1

Photo courtesy of Advisors Living
4. 116 Perkins Street #2, Somerville
Price: $514,900
Size: 1,074 square feet
Bedrooms: 3
Baths: 2

Photo courtesy of Keller Williams Realty
5. 98 Bayswater #2, East Boston
Price: $515,000
Size: 1,265 square feet
Bedrooms: 2
Baths: 1