Lake Avenue sale price reported

968 Lake Avenue, $2.7 million. The owners paid $2.750 for it in 2005 ($4,515,000 in current dollars), so no home run here. I’m just guessing, but those look like Acorn windows in some of the pictures, with failed seals. Acorns were commonly used in inexpensive homes back in the 70s when this one was built, and there was a design/production flaw with them that caused the seals to break. The manufacturer stood by its guarantee until it went bust as the result and since then homeowners have been on their own. Very expensive to replace them all, but that’s usually the best solution, and this price might reflect that cost.

I’m always wary when listing agents mention the dreaded “R” word in their property descriptions, as here: “Enjoy the home as is or renovate to your specifications.”