the MASH

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PRICE DROP #4 - 177 Strathearn Road - CEDARVALE

This is a 4+1 bedroom, 3 bathroom house on a 30 x 89 foot lot in Cedarvale.

I posted it in November, but it has been listed for much longer.

From what I can gather, the first time it was listed was in August....for $1,499,900.

Ummmm....this is only 3 bathrooms on an 89 foot lot!

It didn't sell and the price was dropped in September to $1,479,000.  Still no sale and by the time I posted it in November, the price was $1,399,000.

Well, it still hasn't sold.

And I am not sure if it was listed with an agent before or not, but it is now listed by owner with a 'MERE posting' on MLS.

What is a mere posting?  You can read about it here.

The price has been droped...

To $1,359,000.

This house was overpriced 3 months ago and now that there are no agent fees to calculate into the cost?  

$1,359,000?

It's still too high.

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