PRICE DROP - 161 Douglas Drive - ROSEDALE
I just posted a price drop for a house at 55 St. Andrew's Gardens.
It was listed a few weeks ago just like this 6+1 bedroom, 5 bathroom house on a 45 x 118.37 foot lot at 161 Douglas Drive.
As I mentioned in my last post, both houses were over priced but the house around the corner was the first to drop the price and it was only a matter of time before this house had a drop.
I stand corrected because, in fact, this house was the first to have a drop.
According to the reader I mentioned in the last post who went through this house, there are a LOT of windows that all need storm windows, the first floor layout is not good, it is dated, and they feel this needs a gut job.
And since is hasn't sold, looks like there are others who might feel the same way.
This house is now listed at $2,350,000.
It is a large house on a great street but it might need more work than people are willing to put into it. For this price at least.
Is this a $3.5+ house when it is done?
Probably not.
It will probably have another drop.
Even though it does have a lot of potential!