PRICE DROP #3 - 110 Pricefield Road - ROSEDALE
This house has been listed since April.
There is no photo of the front of the house from the listing. Is it because it looks like a mess? It is clear from the sign on the street view photo above that they did renos, but did they fix up the front?
Because they should if they haven't.
This is a 5+1 bedroom, 5 bathroom semi on a 27.5 x 112.75 foot lot in South Rosedale just steps to Yonge street.
The first asking price was $1,879,000.
Even if this reno was perfect (which it isn't), and the house wasn't located right beside a transformer (which it is), that price still would have been too high. So it wasn't a surprise when the price was dropped in June to $1,750,000.
It never sold and the price was dropped again a few weeks later to $1,695,000 which was still too high.
Then, in August, another semi on the street at 66 Pricefield was listed for $1,550,000. It was brighter, and had a better layout, but I felt it was a little bland and dated in spots. It sold for $1,625,000.
I thought perhaps this house should drop to the same price.
Yesterday, the price was dropped...
To $1,595,000.
Still too high? If the front still looks dirty and run down....
Then yes.
