Price cut, Mooreland Road

 At this price, I’d expect more from a driveway than a patch of asphalt

At this price, I’d expect more from a driveway than a patch of asphalt

35 Mooreland, spec project, down from its 2017 price of $11.250 to $8.755 million. Built by the high-quality firm, Fieber Group, it’s on four acres, and has all the amenities expected at this price range. Personally, if I wanted a 10,000 sq.ft. house (and I don’t, nor can I afford one), I think I’d choose below-the-Parkway 136 Parsonage at $6, rather than this one, but that’s what makes a horse race.

Fieber paid $5.675 for two lots here back in 2015, so I suppose there’s still plenty of room to make a profit, but paying $2.8+ change per lot, in this area, strikes me as an unwise investment.