Romney’s real estate deals

by adis on January 26, 2012

Belmont townhome

With just 2 bedrooms and 3 1/2 baths, this luxury townhouse is the most modest of Mitt and Ann Romney’s current residences. Located in a residential development 25 minutes outside of Boston, the home totals less than 3,000 square feet (not including a private courtyard).

The former Governor of Massachusetts and his wife purchased the newly-constructed home in June 2010 for $895,000, according to real estate site Zillow. But even a presidential candidate’s home has a hard time maintaining its value in this housing market. According to Zillow’s market analysis, the property is currently valued at $809,000.

NEXT: House on Lake Winnipesaukee

Source

Leave a Comment

Previous post:

Next post: