Even Riverside can't expect constant price appreciation

16 Hendrie Avenue

16 Hendrie Avenue has dropped its price from $4.495 million to $4.275. It sold new in December 2012 for $4.1. It's a perfectly decent house, but it's pretty indistinguishable from all the other new $4 million generic spec houses that have gone up, and sold, along Hendrie, so listing it for more than that 2012 purchase price seems to have been a mistake. 

Personally, I've never understood the appeal of Hendrie as a place to live; it's one of Riverside's busiest streets. Until now, though, my incomprehension wasn't shared by the market's, and perhaps it never will be; taste's an individual thing.

Speaking of taste, here's a little-known fact: while there are 316 staging professionals working in Greenwich, there'sonly one zebra rug to share between them, so the rug you see today may not be there tomorrow.

But you're guaranteed to see it somewhere around town