Pecksland Sale

138 Pecksland.jpg

138 Pecksland, $4.265 million (out of town broker, buyer). A nice old home from 1936, an era when houses like this sprang up like mushrooms on Pecksland. These days they aren’t as popular, but still, this one hung on above the $4 threshold, this time.

The sellers paid $4.675 in 2012, renovated it, and put it back on the market a year ago for $5.995. They didn’t get that, but money spent on renovations to a house like this should be considered lost as soon as it’s spent, so presumably the owners enjoyed the improvements during their brief tenancy, and got their money’s worth that way.