$200,000 doesn't seem to go very far in the Boston area. Just doing a quick search in the Boston Globe real estate listings, most of the homes in the $200,000 price range were in the rougher sections of town, like Roxbury, Mattapan, and Dorchester. Outside of the city, many were multi-family houses that needed work.
A condo in Hyde Park was in this building and not in the best area for $199,800, but the inside seemed nice, although small:
http://reimages1.gabriels.net/Boston/mls/photos/0/70774568_0.jpg (broken link)
http://reimages1.gabriels.net/Boston/mls/photos/0/70774568_0.jpg (broken link)
This rowhome in East Boston was going for $189,900:
http://reimages1.gabriels.net/Boston/mls/photos/1/70821349_1.jpg (broken link)
http://reimages1.gabriels.net/Boston/mls/photos/1/70821349_1.jpg (broken link)
This three-family home in Brockton was listed for $200,000, with tenants who would like to remain in the building:
http://images.nemoves.com/image/show...1&file=4389532
This one in Bellingham, about 45 minutes outside of Boston, didn't look too bad, as the town is relatively safe:
http://reimages1.gabriels.net/Boston/mls/photos/0/70837434_0.jpg (broken link)
http://reimages1.gabriels.net/Boston/mls/photos/0/70837434_0.jpg (broken link)
At the other end of the spectrum, this Beacon Hill home was listed at $4,895,000:
http://reimages1.gabriels.net/Boston/mls/photos/0/70758657_0.jpg (broken link)
http://reimages1.gabriels.net/Boston/mls/photos/0/70758657_0.jpg (broken link)
Additionally, this home in Dover, one of the most expensive and wealthy towns in Massachusetts, was selling for $8,995,000:
http://nytimes.gabriels.net/upimages/MA1106-_cover.jpg (broken link)
http://nytimes.gabriels.net/upimages/MA1106-_cover.jpg (broken link)