the MASH

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PRICE DROP - 25 Rathnelly Avenue - RATHNELLY

Your taxes are done, your pompom garland is made....

So....what's holding you back from buying this 3 bedroom, 4 bathroom semi on a 20 x 110 foot lot in Rathnelly?

Oh right!  It's the price.

This house is AMAZING.  I love everything about it (with a little more colour).

The only problem is that it is only 3 bedrooms but it has a parking spot.  A BIG plus in this neighbourhood.

The original price was $1,679,000.  Even though I loved the house, I thought that would be a tough sell.

And it has been.

The price was just dropped...

To $1,599,000.

Okay....I still love this house, but it is still too high.

If you were looking in this price range, would you be more inclined to buy this 3 bedroom....

Or the darker, 4 bedroom detached at 744 Logan Avenue in Riverdale that sold for $1,574,400.

You can argue that one neighbourhood is better than the other but you can't argue that Riverdale pricing has become close to Summerhill/Rathnelly pricing.

So......$1.574 for a 4 bedroom detached with 2 car parking....

Or $1.599 for a brighter 3 bedroom semi with 2 car parking.

Not to mention the designer's own detached 3 bedroom down the street at 6 Rathnelly that recently sold for $1,445,000 (but it didn't have parking)!

Though I love this house, it is going to have to come down more.