Different times, different market

10 Wyckham Hill Lane was listed in January for $4.2 million and has sold for $4.5. Back in February 2015, the then-owners originally listed the same house at $3.595 million and finally sold it in November 2017 for $1.675 million. Those buyers did a complete renovation in 2019 yet it still fetched just $2.325 million in 2020.

This price history is similar to another house on Wyckham that once belonged to a friend/reader of mine, No. 6 Wyckham; purchased for $5 million in 2004 ,and after a total renovation, he looked for $5.850 in 2010; it failed to sell for two years, even after dropping to $3.990 by 2012; brought back in 2014, he sold it that year for $4.250 million and got the hell out of Connecticut and moved to Florida.

6 Wyckham Hill — Redfin estimates its current market value at $6.384 million, and that’s probably in the ballpark