AND IT WENT FOR - 110 Pricefield Road - ROSEDALE
On Thursday, I posted
It was a house that
I posted in August 2013 when the asking price had dropped several times from $1,879,000 to $1,695,000. I was thinking somewhere closer to $1,625,000.
another price drop in October 2013, it finally
Two and a half years later, it was back on the market with few changes other than the kitchen counter, the paint, and the back deck (there my have been more but that was all I could see).
This time, it was listed at $2,188,000...
Which at first seems really high but when you consider that the price represented a 12% yearly increase, and this is a neighbourhood that has probably seen higher increases than 12%...
This wasn't so crazy.
the day after I posted it...
But it turns out I calculated the annual increase using 3 full years of interest when it was just over 2.5 years so....I was a little off and this was really a 14% increase.
So, at that selling price, this house sold at just over a 13% increase...