PRICE DROP - 80 North Drive - HUMBER VALLEY
In February, I posted this 4 bedroom, 4 bathroom house on a 50 x 465 foot ravine lot at 80 North Drive in Humber Valley.
It is a house that has been on the market for a while....like a LONG time.
In May 2011, it was featured in the National Post when the asking price was $3,295,000. Two weeks later, it was the Toronto Life House of the Week.
But by June 2011, the price was down to $2,995,000.
In August 2015, it was back on the market with mostly the same furniture (which means it probably never sold) and the new asking price was $3,725,000.
Considering that it was built in 1973 and it didn't seem like there had been a lot of updates since then, and the fact that it didn't sell 4 years and $730,000 earlier, the price was probably a little high.
It didn't sell but it was still listed again at $3,725,000 in February 2016.
Again, it didn't sell.
A month ago, the price was dropped to...
$3,475,000.
Maybe they should go back to $2,995,000.