Back Country sale
/35 Mooreland Road, which started off in 2017 asking $11.250 million, is currently asking $8.395, and reports a pending sale. Its sister house, 37 Mooreland, by the same builder, started at $11.950 in 2017, and sold last October for $8.4, so this sale price seems in accord with 37’s price.
I have a suspicion that both these houses will be valued in the mid-sixes down the road, but what’s a Wall Street bonus for, if not to blow on indulgences?