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Assessment Data

Monday, June 11, 2012

Is the Pru Worth 500 Times YOUR Home?

See how the average property value in your zip code stacks up against other sections of the city.

When you cross the sky bridge that stretches over the intersection between Huntington Avenue and Ring Road on your way into the Prudential Center, you’re crossing into one of the city’s most valuable zip codes. The Pru itself could fetch $303 million on the open market, according to the city's most recent assessment, but the tiny area—just a single block bounded by Huntington Avenue on the south and Boylston Street on the north—contains a total of 37 properties that have been assessed to fetch a total of about $425 million. Excluding the Pru, the average address in the 02199 zip code is worth $3.5 million. For anyone familiar with Boston’s real estate market, you shouldn’t be surprised by those extravagant numbers—just look at the glitzy …

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