Fix up a house for your pleasure and enjoyment, not for profit
/66 Perkins Road, asking $1.990, is pending. The owners bought this 1961 house in 2006, when it was tired and worn, paying $2.2 for it, and completely redid it. They tried reselling it for $3.6 million in 2007-08 but gave that effort up and have lived in it since.
It’s a nice house and one I’m sure the owners have derived great satisfaction from, but the days of fixing up Greenwich houses for fun and profit have gone, perhaps never to return — not soon, anyway.