Providence is a small-town city with a lively culture and arts scene that has a lot to offer less than an hour from Boston.
Institutions of higher learning, including Brown University, the Rhode Island School of Design and Johnson & Wales, give this city an academic and artistic vibe. Unpretentious, charming and affordable, Providence continues to evolve, with its revived downtown and thriving food scene as well as cutting-edge restaurants and boutiques on the East Side.
When Kaitlyn Roberts and Jameson McNeill decided to get married a few years ago, they were living between Boston and Providence. The couple knew they could get a lot more for their money in Providence compared to Boston.
"We began our search within a half-mile of the Providence train station, which could take Jameson within 45 minutes direct to South Station," Roberts said. "We ended up with a stunning Victorian-style home with five bedrooms and three bathrooms, on one of Providence's most historic streets, Prospect Street. For the amount we invested in our current home, we would have been lucky to have gotten a one-bedroom in Boston's Back Bay."
The average price of a two-bedroom condo in the 1,500- to 2,000-square-foot range in the Back Bay is about $1.7 million. While in the South End, if there are even any larger two-bedroom homes available, the average price runs over $1 million.
The Providence housing market offers buyers a lot more home for their money without skimping on luxury or convenience.
Nancy Markham and Kevin Fox of Residential Properties Limited are the listing brokers of two remaining luxurious loft-style condominiums in the Wayland Square neighborhood of Providence's East Side at 77 South Angell St. that would rival any Boston boutique development.
Unit 301 is a 2,296-square-foot, two-bedroom-plus-study home with two-and-a-half baths and private balcony listed for $974,500. Unit 302 has a similar layout with 1,890 square feet listed for $665,000. Both homes have hardwood floors, a gas fireplace, a high-end kitchen appliance package, walk-in closets and heated garage parking for two cars.
The building is new with state-of-the-art sound-proofed construction, and all 11 units in the building have high efficiency gas heating and central air conditioning.
Marc and Kathryn Dunkelman lived in Washington, D.C., for several years before moving to Providence's East Side last month. As a consultant, Marc Dunkelman could have chosen a number of cities to live in as long as they were a train ride away from New York City for meetings.
The Dunkelmans looked at New Haven, Boston, Baltimore, Philadelphia and Providence.
In the end, they chose Providence because it was a city where they could walk to restaurants, shops and the theater.
"We live in the Wayland Square neighborhood and it really has a small-town feel," said Kathryn Dunkelman.
"The week we moved in, six families welcomed us to the neighborhood with gifts and baked goods."
There will be an open house at 77 South Angell St. for Units 301 and 302 in Providence this Sunday from 2:30 to 4 p.m. Jennifer Athas is a licensed real estate broker. Follow her on Twitter @Jenathas.
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