the MASH

View Original

PRICE DROP - 138 Simpson Street - RIVERDALE

This house was first listed in May.

It is a 3 bedroom, 5 bathroom flip on a 16.25 x 100 foot lot.

It was listed at the same time as the attached 3 bedroom house that had been updated but not flipped and it also didn't have an addition.  That house was listed at $699,000.

This house was listed at $1,199,000.

Though this place had an addition and more bathrooms, it was clear to me which would sell first.

136 Simpson sold in a week for $746,000.

So, it was only a matter of time before this saw a price drop.  It just took 4 months. 

As of last week, this house is now listed at $1,088,000.

Still think it's too high.

listing