This one is beginning to look like a bargain


31 Sawmill Lane has dropped its price to $4.895 million, which is quite a climb-down from its 2006 ask of $9.850. An original asking price doesn't set a valuation point, obviously, but this 1919 house, still on three of its original acres, had a total rework of its mechanics in 2002: electrical, plumbing, HVAC, even a new septic, and retains the grace and beauty of that era. If I had any need for 11,000 sq.ft. of house, I'd love to own it.

We discussed it here last March, when it was brought back on the market, again, priced at $5.395 million. That price didn't produce a buyer, so a $500,000 cut may not work either, but after twelve years on the market, the heirs (nice obituary of the late owner here) may be willing to listen to a solid, if lower-priced, offer. 

I'd try it. Beautiful home.