I don't think prices in our northwest have improved all that much since 2014
/332 Riversville Road, an 1840 Victorian on 0.7 acre in the 4-acre zone, has cut its price from $2.7 million to $2.430. Well, maybe.
The house was on the market for two years between 2012 and 2014, starting at $2.495 and ending at $1.895, without success. Whatever inspired the owner to try $2.7 this time was probably not the best idea she’s ever had, and even the new price may be insufficient; what wouldn’t sell for $1.895 in 2014 isn’t likely to sell for $535,000 more this time.
That’s just me being a pessimistic old curmudgeon, of course, and I may well be overestimating the negatives of a grossly undersized lot and a location under and in the shadow of the Merritt Parkway — the latter at least allows for a claim that the house is convenient to transportation, even if access to that transportation requires clambering up the bank and hitching a ride. We’ll see.