The permanent-inventory thaws, if only by a teensy bit

After 2,648 days on the market, 636 Riversville Road has closed at $3,237,500. The owners paid $3.995 for it (full price, four days on the market) in 2004, did a huge renovation job and put it back up for sale in 2010 at $7.590 million. Indifference, if not hilarity ensued, and the price gradually dropped over the years until, when it was priced at $3.850 million this past May, it found a buyer.

It’s a very nice house, and in another era I’d have congratulated the buyer on landing a great deal, but these days, who can say? 636 Riversville is just around the corner from Richmond Hill Road, and houses on that street have not being well the past decade.