Head scratcher off Riversville
/The owners of 14 Hycliff Road paid $3.8 million for it last year, painted it grey, added what is perhaps the most bizarre staging furniture I’ve encountered, raised its price by $500,000 and put it back on the market at $4.295. Home values way out here have been decreasing, not increasing, so this pricing decision’s a real puzzler.
It’s true that a previous owner bought this house new in 2006 for $5.8 million, but that has no bearing on today’s value; nor, for that matter, on 2006’s — the sap overpaid.