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The Boston Globe

From: Robyn Friedman

Boston Globe article comparing new construction vs older homes costs—seeking greater Boston builders and real estate agents

Detected May 27

Suggested angles

The Greater Boston new construction premium has widened to 15-20% over comparable renovated homes in the past 18 months, driven by supply chain delays and labor costs that far exceed what older home buyers face during renovation

Buyers renovating older homes in established Boston neighborhoods are capturing 30-40% equity gains compared to new construction buyers who face longer timelines and carrying costs, making the math fundamentally different for the first-time homebuyer demographic the Globe covers

New construction in outer suburbs like Westwood and Needham now competes directly with pre-1980s homes in inner-ring communities, forcing builders to justify price premiums through specific amenities rather than location—a market shift that reshapes where Greater Boston families actually choose to buy

Pitch data or a client case study showing the actual cost difference between a new build in a suburban development versus a renovated Colonial in an established Boston neighborhood.