PRICE INCREASE - 85 Ilford Road - HILLCREST/WYCHWOOD
I first posted this 3+1 bedroom, 3 bathroom detached house on a 17 x 133.5 foot lot at 85 Ilford Road in September.
It's a good house that seems to be a flip, and though I like what they have done, they also took out some stuff that I liked, as in this wallpaper...
But the opened up the first floor and did a full new kitchen and new floors throughout.
I just didn't think at only 3 bedrooms that it would go for the $1,495,000 asking price. I didn't think it was far off, just a little high.
It didn't sell and the price was dropped at the beginning of October to $1,459,000. I thought it was probably still a little high.
Then, after 95 Ilford Avenue hit the market at $1,295,000, this house dropped again to $1,339,180.
A few weeks later, 95 Ilford Avenue sold for $1,105,000 and this house had another price drop to $1,199,000 a week later.
I thought that was the price where this house would finally sell.
It didn't and the house has had another price change...
To $1,299,000.
I don't get the strategy here.
