32 Meyer Place in Riverside appears on the hot sheet today, newly listed at $1.799 million. The owners paid $1.650 for it in 2010 (from an asking price of $1.949 million) and the owners before that bought it in a bidding war in 2007 for $1,807,500. Riverside prices seem to be recovering from their 2010 levels but Meyer Place may not be the focus of that improvement.
On the other hand, it’s not what you paid for a house that determines its current market value, it’s what your competition is asking, right now. Up or down, you’ve got to offer at least as much house and, were I doing the pricing, a bit more. This one is a very nice house, as I remember it, so highway noise or not (and it’s tolerable here), this could be competitive.