The Future of Parking: EV Infrastructure in Boston Real Estate
April 30, 2025By Maggie Li
The Future of Parking: EV Infrastructure in Boston Real Estate
In 2026, a 'Deeded Parking Spot' in Back Bay or Somerville is no longer enough. Buyers now demand EV Charging.
The EV Shift
- Condo Trends: Buildings that have retrofitted their garages for EV chargers are seeing a 5-7% premium over those that haven't.
- New Construction: Level 2 charging is now a standard requirement for almost all new luxury developments.
- Single Family ROI: Installing a home charger costs ~$1,500 but adds significantly to the 'future-proof' appeal of your home.
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