76 Meadow Road, listed at $6.495 million this past September, has cut its price to $5.985. Those of you who still have jobs on Wall Street (and who don’t work for Morgan Stanley) may want to get out your wallets.
Or not. Although I liked this house when I saw it; nicely made, 0.9 acre, which is large for Riverside, good location, with a pool, I wasn’t wild about its September price. Will this cut produce a buyer? Well, lesser homes than this one have sold for around $5 million in the past year in Riverside, so I’m guessing that this will settle somewhere between $5 and its new price of $6. At which end of that spectrum is to be determined.