Still trying

291 stanwich.jpg

291 Stanwich Road, new construction in 2015, is still available, and, its listing having expired yesterday, is back today, same agent, same asking price of $3.7 million. A nice house, and its current price is a vast improvement over the $6.695 it sought originally, but it may still be too high, if only because of the stigma attaching because of its staleness.

The house was put up by a good builder with an unfortunate tendency to get in over his head on his spec projects, then making matters worse by over-pricing in the hope of digging out of the hole, thereby continuing his descent.

Still and all, a very decent house, or it was five years ago when I first saw it, and something in the mid-low $3s or high $2s (by which I mean $2.9-$3.4ish) seems reasonable.