A price cut, and a sale after series of price cuts

99 Porchuck Rd

99 Porchuck Road has been reduced to $1.595. The builder, who is a good guy and has built some excellent houses, paid $762,500 for this property, scraped the house that was on it and replaced it with this simple one, which he priced at $2.095 a year ago. It’s a decent enough house, but the lot and road are inferior; he’d probably have been better advised to stick to old Greenwich and Riverside, where’s he’s enjoyed success.

64 Old Church

And 64 Old Church Road has sold for $3 million, after also starting a year ago, at $3.995. Purchased new in 2008 for $3.750, I believe this may have been a relo-sale.