Well here’s an optimist

41 Will Merry Lane took forever to sell some years ago but finally, after it’s price yo- yoed up and own all over the place, found a buyer in March ’07 for $1.425. Those people did some renovations and have put it back up for sale today at $1.975 million.

This may work out for them but it seems that these days, the “buy it, fix it up, make a profit” plan doesn’t pay the return it used to. My advice to people contemplating fixing up their homes is to do it if they plan to stay in it long enough to enjoy it. Otherwise, save your money.

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One response to “Well here’s an optimist

  1. anonymous

    I believe this is the house on Will Merry in foreclosure on Realtytrac. Over pricing (when next door sold for considerably less) won’t help them get the sale.