This is a nice house on an acre off North Street that sold for $2.7 million in June, 2001. It came back on the market in 2005 asking $3.995 but didn’t sell until 2006, at $3.150. It was listed again in August of this year for $2.995 and today was dropped to $2.795 million. I would think that with a teensey bit of negotiating you could do even better than the 2001 buyers did.
Similarly, this house on Pecksland sold for $2 million in 2000, was renovated and offered for sale at $3.495 in 2005. The current owners paid full price for it then, tried re-selling it in 2008 for $3.995 and have now dropped it to $2.795 million. Its assessment is only $2.141 but in this case, I think it’s already a pretty good price.