Pricing (and building) to the neighborhood
This beautiful house on Loading Rock Road in Riverside was originally priced at $3.695 million in January and has now been reduced to $3.195. Why won't it sell? I suspect it's because the neighborhood won't support that price level. Pioneers sometimes do well -Dave Tilly, builder of beautiful homes,broke through the price barrier on Irvine Road in Old Greenwich - but they usually need an extraordinary feature to do so. If this house were directly on the Mianus, for instance, instead of across the street from it, I'm pretty sure it would have sold at its original price a long time ago. As it is, who knows?