Poor Man's Hill woes

Welcome to the Poor House

Welcome to the Poor House

95 Richmond Hill Road expired unsold in December at $5.975 million and is back today at $4.750. Owners paid $7.450 for it in 2007, but even this new price may not stop the bleeding. I reported last week that 85 Richmond Hill, built at the same time and which sold new in 2006 for $7.1 million is currently pending, asking price $3.995. Houses here have not done well.