It had to happen but I’m still surprised

29 Grossett

29 Grossett

29 Grossett Rd, a Riverside house that’s been for sale seemingly forever (at least 2007 but someone’s been monkeying with our data again and I’m pretty sure it dates back years before that) has finally gone to contract. It was priced at $3.750 once (and possibly higher – see comment above) and its last price was $3.099 but even there I and clients of mine thought it overpriced compared to other choices in that price range. Clearly, either someone wasn’t deterred by its asking price and drove a hard bargain or they disagreed with our valuation and paid the owner what he wanted-Grossett’s a nice street, so that could happen. Assessment is $1.895, so we will have another exception to my “assessment rule,” I presume.

And 63 Lancer Road, one of those 1960s houses built on the old farm off Orchard is also under contract. Last ask was $975 which, for a house in poor condition that should command land value only, seemed steep. But again, I have my opinion, other people have theirs. It’s a great country.

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