This house is having a hard time.

It is a 4 bedroom and 5 bathroom, 5 year old build on a 25 x 137.83 foot lot with a 2 car garage.

It is located around the corner from the house that I posted yesterday at 113 Inglewood Drive.  

That house was a 3+1 bedroom, 4 bathroom house on a 34.67 x 145 foot lot with a 1 car garage.

It was an old house that had been fairly recently renovated, and though the furniture and paint was a lot of the appeal, it was a very well done house.  Even if you are into more colour, you have to admit it looks good.

It was listed at $2,095,000.

I thought it is more of a $1,795,000 house...maybe.

When this house was first listed in February for $2,050,000, Like, 113 Inglewood, I thought it was overpriced as well (even though it had been listed in 2010 for $1,895,000).

It didn't sell this winter and the price was dropped in March to $1,949,900.

No sale and the price was dropped in June to $1,897,000.  Again, no sale and the price was dropped in August to $1,749,000.

Still no sale and the price was just dropped again a couple of weeks ago...

To $1,659,000.

The outside actually reminds me of another 4+1 bedroom, 5 bathroom Moore Park house at 163 Heath Street East that sold last summer for $2,366,000.

So, why isn't this selling?

Though both have a new build feel, this house is a little more box store-ish.  And the location and backyard aren't as good as Heath Street.  This backyard is basically all driveway.

Plus, there are a few things that are just very dated. Like those things under the kitchen counter and the chair rail in the bathroom.  WHAT is that for!?!  Chair rail?

Though this is a big house that offers a lot, and $500,000 has been taken off it's original asking price... 

That backyard is a deal breaker.

And once 113 Inglewood drops their price, things will get even harder for this house.

listing

View Larger Map