7 Highgate Road, Riverside, has returned to the market at $2.450 million, a huge drop from the $3.650 it was asking a few years ago, and less than the $2.840 the owners paid in 2005. As I remember it, although it’s not much on the outside, the inside is very nice and was recently renovated. Under $2.5 in Harbor Point, with access to its beach, seems like an excellent deal.
UPDATE: Just noticed this in the comments: OWNER RESERVES THE RIGHT TO REFUSE AND ALL OFFERS INCLUDING ASKING PRICE
That’s (almost) always the case, but the fact that it’s emphasized indicates to me that the sellers are hoping for a bidding war, and why not? This is a very low price for this area (though it’s in the AE flood zone, so you’ll want to consider that fact’s effect on any rebuilding plans you might have).
Maybe they are just taking your advice and pricing it for a bidding war?
I’d expect it to sell quickly at this price, that’s for sure. First bargain in Riverside I’ve seen in a long time.
Grossly undersized lot.
It’s 0.67 of an acre. Live with it.
The goons at P&Z agree with you.
“badly”
I think not – one does something “badly”, one feels “bad”. Besides, it’s how we say it here in America.
UPDATE: I looked it up – this says either is correct, but I feel bad for the “expert”, because she answered it badly.
I wonder if this house would benefit from staging, or being shown empty…
An AE zone bidding war?
Sure, why not.
Hasn’t this house been on the market and has had several different owners several times in the past 8-10 years? what gives?
No – same owner since 2005. Nice nutty Brit weekenders (?). Overpaid and when they tried to get out a few years later in 2009 totally overpriced it. Nicely renovated 1960 builders colonial in a great low lying area. Trying to get multiple bids in July – should be interesting.
Funny that there are no photos of kitchen or baths. How outmoded are they?
Is all of Harbor Point/Indian Head area at risk for flooding? Never hear much about what happened during Sandy here.
Most of it got wet, I believe.
This side of the street is a bit lower than the rest and was pretty much underwater during Sandy