21 Baldwin Farms S. listed at $3.495 million back in April and was immediately engulfed in a bidding war. The prevailing buyer paid $3.550 last week. Nice house, but I have almost never seen a “winner” of one of these things come out ahead, long term. Maybe this will be the exception; after all, if there were multiple people interested in buying it, surely that will also be true five years or so down the line.
Yet that rarely proves the case.