Dirty deeds...

Done dirt cheap!

Okay, sorry.  Everytime I see the address for this 3+1 bedroom, 4 bathroom house on a 50 x 136 foot lot at 31 Dundurn Road in Lawrence Park...

That song comes into my head.  It is NOT because I think the flip was done dirt cheap.

But there are a lot of readers who aren't loving it, but I don't mind it.  Actually, I liked it, just not the fact that they lost a bedroom in the reno.  Or the fact that this lot could have had a big addition.

When I first posted this house in February 2013, I thought it had a lot of potential.  It was listed at $1,795,000 after a drop from $1,850,000.

After a couple more price drops, it finally sold for $1,625,000.

It was flipped and relisted in April for $2,895,000.

There was no WAY they spent close to $1,270,000 to redo it.  And considering they lost a bedroom, I thought this was way to high.

I was thinking more like $2,495,000...maybe $2,565,000.

It hasn't sold and the price has been dropped to...

$2,799,000.

Still WAY to high.

listing

ac/dc photo via