I was prowling through tomorrow’s preliminary open house list (not much that’s promising, but it’s still early) and noticed two houses that seem to be approaching realistic pricing and maybe even bargain status, depending on where negotiations ended up.
43 Doubling Road was purchased for $5.125 million in 2008 and is now asking $4.5. Good looking house that might be affected by the sale of the house next door for $2.9 last month but this one is not that one, so perhaps an appraiser will not downgrade its price. Back lot, which works for me because it removes the house from traffic noise, which is always doubling around here. It would be cruel to mention an offer extended for this a couple of years ago, an offer that was rejected by the sellers as ridiculously low and unworthy of even a counteroffer. As is always the case, I’m sure they’d like to see that buyer come back.
19 Terrace Avenue in Riverside is proof that not everything has recovered over there, although I’m not sure why not in this house’s case, because it’s quite nice. Owners bought it for $2.8 million in 2005, renovated it and put it back up for sale in 2008 for $3.495 and it’s been on and off the market since. Current price is $2.6, which seems like a good deal, but I haven’t seen it in years. In fact, I forgot it was still on the market. No back yard that I recall but that may not be so – I’ll stop by tomorrow and refresh my memory. But $2.6? There aren’t many decent Riverside houses for sale right now in that price range.