This new spec house by York Builders came on today at $4.250 million. York is a great builder and this is bound to be a fine house, but with what I guess is 5,000 sq. ft. above ground and just 1/3 of a hillside acre, I’m not sure that the quality of construction or the presence of Binney Park down the street will stir buyers into action at this price. But we will see. York must expect a faster turn around in our market than I do.

Perhaps quality build but fugly curb appeal
Last sale and tax info
Sold 01/18/2008:
$1,475,000
5,000 sq ft x $250 (what my friend is paying to build his house today) = $1,250,000
Sounds like this place is worth about $2.5mm in todays mkt
i’m building right now and $250/ft is not happening, even in this market, for high-end custom construction. What was once 450-550 is now 350-400.