I just posted a price drop for a house at 55 St. Andrew's Gardens.

It was listed a few weeks ago just like this 6+1 bedroom, 5 bathroom house on a 45 x 118.37 foot lot at 161 Douglas Drive.

As I mentioned in my last post, both houses were over priced but the house around the corner was the first to drop the price and it was only a matter of time before this house had a drop.

I stand corrected because, in fact, this house was the first to have a drop.

According to the reader I mentioned in the last post who went through this house, there are a LOT of windows that all need storm windows, the first floor layout is not good, it is dated, and they feel this needs a gut job.  

And since is hasn't sold, looks like there are others who might feel the same way.

This house is now listed at $2,350,000.

It is a large house on a great street but it might need more work than people are willing to put into it.  For this price at least.

Is this a $3.5+ house when it is done?

Probably not. 

It will probably have another drop.

Even though it does have a lot of potential!

listing