This 5+1 bedroom, 2 bathroom house on a 60.65 x 279.68 foot lot has been listed for a long time.

It was first listed in March 2012 for $2,300,000.

For some reason, they raised the price in November 2012 to $2,890,000.

Like it's neighbour at 15 Ridgewood Drive, otherwise known as my current favourite listing, it has now had a price drop.

But just one, not FIFTEEN like the house beside it!

As of 2 weeks ago, this house is now listed at $2,589,000.

When I posted the house a few doors down at 11 Ridgewood, a reader (thanks JF!) pointed out that this house had way more potential.

And I agree!  It's just that it has clearly had work done since it was built unlike the house at 11 Ridgewood that is probably the same as the day it was built.

Though this house has more potential, it does need a LOT of work.  Not sure what is happening with that wood in the office but that would have to be replaced.  Or you can reconfigure the house and move the dining room to the office and open up the kitchen and make a great kitchen/family room giving the house better flow.

And the back of the house needs work to make it not look so much like an apartment building.

Basically the whole place needs to be redone.

But is it worth it?

It will probably need a good million to update it, or more to tear it down and rebuild....

So, it will probably sit for longer.

Unless they start dropping like 17 Ridgewood!

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