Going down

For $5.350, and especially $7.2 million, won’t you at least repave the drive? First impressions count.

For $5.350, and especially $7.2 million, won’t you at least repave the drive? First impressions count.

32 Pecksland Road, priced at $7.2 million in 2017, has taken another price cut today and is now asking $5.350. The owners paid $5.2 for this 1929 home back in 1997 and some modernization attempts have been made, but the value has certainly not kept up with inflation, and given the market for tired old estates, the eventual sale -price will surely disappoint.

As an aside, the listing describes it as offering “external beauty south of the Parkway”. Is that a concession that the interior needs (a lot of) work?