Wednesday, September 24, 2008

15 Shoal Point, Rvsd
The acid test
This house sold, finally, for $3.275 in 2005, $1.0 million less than its deluded builder originally asked. It's newly back on the market, asking $3.3 million. If the "15% off 2005 prices" theory is accurate, the selling price should be $2.783. I hope that, just this once, I'm all wet and that the house sells for a new record. It's right up the creek from me and as that great tax cutter JFK once observed, "a raising tide raises all ships".

2 comments:

Anonymous said...

'Good One' -Chris - hope you can sell it! We like the picture!

Anonymous said...

Interesting....Is "15% off 2005" equivalent to 2004?