Flip, or flop?

66 Perkins Road (off Dingletown), 1961 construction, was purchased for $2.2 million in 2006 — go figure — then totally renovated, and put back up for sale in 2007 for $3.6. I don’t know whether the owner had hoped to make a profit on this deal or intended to stay in the house and his plans changed but regardless, no buyer appeared, the house was pulled from the market in 2008, and now it’s back at $2.245 million.

All those renovations are 13-years-old and essentially worthless now, but you still have a house that someone thought was worth $2.2, once upon a time, so there’s that. Perkins remains a nice street.

I’d be tempted to rent a Bob Cat dozer to address this problem, but others may differ