Price cuts

I won’t vouch for these new prices but at least the owners are getting serious. 142 Cat Rock, a really nice house, in my opinion, was purchased for $4,050,000 in 2005 and is marked down today to $2.995 million. There has to be some value there, don’t you think?

8 Sherwood Lane is not particularly appealing to my taste, but it has dropped from $5.8 million in 2007 to $3.8 today.

And then, just to prove that we still have stubborn sellers among us, 4 Old Camp Lane makes its return today, at $1.975 muillion. Each year, beginning in 2006, this house has appeared on the market. It asked $2.345 back then and, at least to my mind, its new price is not significantly different.

1 Comment

Filed under Uncategorized

One response to “Price cuts

  1. Stanwich

    142 Cat Rock is indeed a very nice house, especially on the inside. I had no idea the price had come down so much, I would agree that there is a bargain to be had here. Pre-bubble construction in a good location and well-situate don the lot.

    4 Old Camp, not so much. If you like the area and price point, there is a much nicer home on Old Stone Bridge which has a pool and a more timeless.classic outside appearance. Not sure this “modern barn” style is for everyone.