Overpricing is nothing new

799 Lake
799 Lake

This is a nice looking house – in fact, I may send its picture to a client and see if he agrees. It was reduced today to $3.450 million from its original price of $3.850 but in reviewing its history I noticed that the last time it sold it started at $4.175 in December 2003 and didn’t sell until June, 2005, for $3.285.

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