RELIST - 82 Madison Avenue - ANNEX

This 4 bedroom, 7 bathroom 'restored' house in the Annex was first listed on October 13.  The price was $4,300,000.

Literally, just as I was posting this house saying that it was ridiculously overpriced and should be listed at $3,790,000, they dropped the price.

But only to $3,950,000.

And obviously it wasn't enough because it never sold and the house has been relisted.

For some reason though, they relisted at the same price of $3,950,000.

For that price, there is a lot that you could buy.  The 11 Lowther house would be a much bettter buy than this one even though it is a semi.

Wonder when 78 Madison will come back on the market.  They should price it at $3.5 when they do. 

The season is starting early this year and there are going to be a lot more houses like this one and 11 Lowther to compete with....

En Garde!