There is a misconception out there that only the rich live and own in the Pearl. Well that is simply not true. I ran a search for units in the Pearl District that would be suitable for first time buyers. I set the max price at $250,000 to see what would pop up. There were nine units, from two separate developments. One being the Lexis and the other is for the McCormick Pier condos.
Four units in the Lexis ranging from $189,900 to $249,900. That seems like a good spread until you notice the spread on square footage is 527 square feet to 566 square feet. And the 566 square feet isn’t even the expensive unit.
Over at the McCormick Pier condos, the square footage runs from 690 to 746; with prices from $225,000 to $239,000.
Here are sample photos from the units currently on the market:
Created with Admarket’s flickrSLiDR.
So if you are a first time buyer in the Pearl, your best bets are at the Lexis or at McCormick Pier. Tomorrow I will run through the luxury units currently on the market.
