Stupid is as stupid does

365 Round Hill Road

365 Round Hill Road cut its price today by $30,000 and is now asking $1.495 million, exactly $100,000 less than where it started 722 days ago.

The house is a 1915 structure, now clad in vinyl, with no particular architectural features to recommend it. Worse, it's on just nine-tenths of an acre in the 4-acre zone which means, thanks to our P&Z which refuses to correct this inequity, it's already oversized at 2,600 sq.ft. - FAR allows a maximum of 2,450.

Here's a hint for home sellers: if the market rejects your offering price for over two years, your home is overpriced, and by mrs than 6%.