Buy me or I’ll raise again!

8 Wyckham Lane

This is a nice house whose owner paid $3.3 million for it in 2006 and sunk a pile of money into redecorating and renovating, then put it back on the market this year for $4.995. It didn’t sell – Wyckham backs up to the Merritt Parkway and lots there, especially this one, tend to have small back yards leading to swampy woods and the highway noise is … noticable. The owner showed great flexibility in the face of market conditions and kept slashing her price, getting as low as $3.495 this summer, which at least approached its assessed value of $2.866. But now she’s gone and raised it back up to $3.975 million, which may give her the same warm feeling experienced by nocturnal bed wetters but probably won’t accomplish the desired goal of selling the place. But we’ll certainly see, eventually.