Another puzzling price cut, this one on Old Mill Road
/200 Old Mill Road, to be specific, whose price has today been cut a princely $100,000, from $5.795 million to $5.695. At this price level, does the seller really expect a-less-than 2% cut to make any difference to buyers? I think it won't, because potential buyers have surely already discounted the price by at least 15%, and probably far more.
Jordan Saper built the house in 2002, and finally sold it to the owner in 2004 for $6.3 million, who, in turn, returned it to the market in 2016 at $6.730 — That hasn't worked out very well, as attested to by today's price cut.
I personally have never liked Saper's house, with their huge rooms, especially the bedrooms: bedrooms should not, in my entirely personal opinion, feel like airplane hangars. This aversion may be shared by others, because the builder's houses have not done well on resale.