PRICE DROP #2 - 74 Elm Avenue - ROSEDALE
So, when I first listed this house on a 34.5 x 124 foot lot at 74 Elm Avenue in South Rosedale, I swear the listing said it was 3 bedrooms and 6 bathrooms.
It had been listed and sold for $1,550,000 in April 2012, was flipped, and listed again in October for $2,900,000.
For 3 bedrooms!?! And a small pea gravel back yard!?!
It was too high.
Sure, the wall of glass at the back of the house impressive, but really? And why they didn't add another bedroom, I don't know.
This house didn't sell and the price was dropped a few weeks later to $2,825,000.
Uhhhh....no.
And it still hasn't sold. So they have dropped the price again...
To $2,795,000.
Still too high.
But this time, the listing says it is 4+1 bedrooms!!! So, which is it? 3 or 4 bedrooms because that makes a BIG difference to the price.
It's still too high, but if it is actually 4 bedrooms, this is more like a $2,550,000 house...maybe even $2,650,000.
Rather than $2,400,000 as a 3 bedroom.
Then again, there is still this...
