Well, at least they did their best. It’s not for everyone, but ZillowBlog takes a quick focus on the Boston Real Estate market, with its new heatmap. I’m a little upset that my stomping grounds are left out (Brookline, Cambridge, and Somerville kind of stick out when you look at it this way), but they’re not Boston Proper.
Anyway, yeah we can sit here and pick away at the minor innaccuracies of what’s wrong with the blog, like grouping together Back Bay and Beacon Hill, or calling it Central boston as opposed to the individual neighborhood names (North End, Ladder District, etc..). But there was something a little bigger that stood out to me. And my problem was with this:
If you don’t know Boston, this means squat to you. BUt these numbers are based on their Zindex value. And Kenmore Square is at the bottom of the list. Now that just doesn’t make any sense to me. I will tell you right now that Kenmore Square is a much much much more desirable location than Roxbury (no offense Roxbury, but you know you want to live in Kenmore Square too).
A lot of these neighborhoods are out of whack, order wise. At least this is an easier to spot problem, than the issues with Zestimates. The main problem is that they are just looking at prices. Period. What they are failing to take into account is the type of housing in these neighborhoods, land value, and price per square foot.
Kenmore is down on the list because it’s such a desirable neighborhood, with such limited space, that a majority of what’s selling there are studios, one beds, and 700 square foot two beds. Not the type of area that I would put at the bottom of any list.
In the Fenway $500K will get you Pre-Construction Pricing. Garage Parking. Elevator. Private terraces. Zen roof deck with kitchen & artist workspace. Dennis Duffy designed common areas, kitchens, and baths. HW floor upgrades. Sleek and flexible living spaces due for occupancy Summer 2007. Approx. Living Area: 863 sq. ft. ($578.22/sq. ft.)
In Roxbury $449,000 will get you a 5 bed 1.5 bath 2120 sq ft ($211.79 / sq ft) on .08 acres “turn of the century charming mansard colonial, many updates, first floor laundry, handy to major routes downtown.”
Sorry Zillow, back to the old drawing board.