PRICE DROP - 138 Simpson Street - RIVERDALE
This house was first listed in May.
It is a 3 bedroom, 5 bathroom flip on a 16.25 x 100 foot lot.
It was listed at the same time as the attached 3 bedroom house that had been updated but not flipped and it also didn't have an addition. That house was listed at $699,000.
This house was listed at $1,199,000.
Though this place had an addition and more bathrooms, it was clear to me which would sell first.
136 Simpson sold in a week for $746,000.
So, it was only a matter of time before this saw a price drop. It just took 4 months.
As of last week, this house is now listed at $1,088,000.
Still think it's too high.
