When the market's turned against you, accept it and adjust, or just hang on

pecksland.jpg

125 Pecksland  Road dropped to $10 million today, down from its original 2016 price of $12.995. The builder/first owner tried for $14.750 in 2010 before selling it to the current seller for $11 million in 2011, who, in turn, spent a great deal of money on the place before trying to recoup it at that 2016 price. 

Now that money has been shown to be wasted, at least in terms of resale value. I'm just guessing, but I see a final selling price in the high-sevens, low-eights, for this property, quite a ways down the road.

 The entire place is festooned with animal pelts, but there's a picture of the Zebra, just in case visitors miss the other references

The entire place is festooned with animal pelts, but there's a picture of the Zebra, just in case visitors miss the other references

 You tell me why the stager came up with this chair, so ludicrously placed in a bathroom, and I'll tell you why you should fire her

You tell me why the stager came up with this chair, so ludicrously placed in a bathroom, and I'll tell you why you should fire her