Get real, folks

I toured a house yesterday that was nice enough: renovated within the past few years, pool, decent, if small yard, etc. But I was struck that its price, in the mid-threes, was what I would have expected to see in 2005 or 2006, when it would have probably produced a buyer in the low threes. Today, I’d have priced it for a million less. I’ll be curious to see how far off I am.

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2 responses to “Get real, folks

  1. CRB

    Is that the house on Stanwich that just came on?