A well advised price cut

75 Fairfield Road dropped to $1.650 today, just 2 weeks after being listed at $1.725. In this market, in this price range, if you’re not getting decent offers in two weeks, you’re too high.

This isn’t a bad house at all, as I remember it. Fairfield is a busy street due to the traffic headed to GHS and Country Day, but the house itself backs up to the small skating pond there, and so there’s some quiet solitude available. It sold for $1.675 in ‘04, a price I thought was a tad dubious at the time, but ‘04 was a hot market. The buyer did a reasonable job updating it and put it back for sale for $2.2 the next year. Alas, the market wasn’t that hot, and it’s been on the rental market ever since.

So I don’t know what shape it’s in after 16 years of being ridden hard and put away wet, but the location’s good, and the house itself could work for you, if you’re looking in this price range and have some extra cash for upgrading.