Price cut on Red Coat

11 Red Coat Lane, now at $2.175 million. Owners paid $2.830 for it in 2008, which was probably unwise, and have been trying to sell it since 2014, when they started at $2.895. It may well have been overpriced back then, and certainly the market said it was, but it’s in fact a pretty good house, in a good location, and this new price might move it.

The problem, as is always the case with houses that have lingered so long, is that potential buyers want to know what was wrong with it, that no one else has wanted it. The (correct) answer, that it was merely overpriced, rarely satisfies.

UPDATE: Reader GW reminded me of the truly unfortunate rear addition to this house. I’d meant to mention it, and ow, here it is.