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PRICE CHANGE - 499 Palmerston Boulevard - PALMERSTON

PRICE CHANGE - 499 Palmerston Boulevard - PALMERSTON

Last week, I posted this 5+2 bedroom, 5 bathroom house on a 29 x 138.83 foot lot at 499 Palmerston Boulevard.

It was a house that had initially been listed by the owner with this caption on the website for the house...

If you are a real estate agent, thanks for your interest, but I have decided to not use an agent.  I have given this lots of thought, so please respect my wishes.  If you truly have a client who wishes to purchase this property, of course I will cooperate, but no commission from the seller is offered.

And there were some comps included on the website like the house up the street at 531 Palmerston Boulevard that I posted at the end of May...

It was a single family, detached house that was fully renovated with comments from readers such as...

One of the best houses I've seen on the MASH in a long time.

It was listed at $3,195,000 and sold for $3,450,000.

This house...

It's not renovated.  And it is split into 3 apartments.  And it is a semi.  And it needs a LOT of work if it wants to look anything like the house 531 Palmerston.

But...

Because the lot was similar, the asking price was....

$3,000,000.

A few weeks after being listed by the owner, it was listed with an agent for the same price.

And now, after not selling for over a month...

The price has been changed.

The new asking price for this semi that needs work is....

$3,090,000.

Uhhh....

PRICE DROP - 103 Arundel Avenue - GREEKTOWN

PRICE DROP - 103 Arundel Avenue - GREEKTOWN

SOLD - 255 Blythwood Road - SHERWOOD PARK

SOLD - 255 Blythwood Road - SHERWOOD PARK