Sir, knowledge that he is to be hanged in a fortnight concentrates a man's mind wonderfully

11 Hedgerow Lane, now asking $3.750 million, reports a contract, just ahead of the foreclosure action that was begun in March 2016, seeking $4,000,000. The owners bought it for $3,275 in 2003, expanded and renovated it, and put it back up for sale in 2012 at $7,450 million. That proved insufficiently optimistic to attract a buyer, so they raised the price to $7.650 the following May.

Curiously, that didn’t work either, so they’ve been experimenting with different, steadily-lower prices ever since. $3.750, with the assistance of the current panic market, and perhaps under the goad of Niagra Bank’s attorneys, has done the trick.

Back in August, I suggested that if you were interested in this property you wait until October, and then toss a bid in the mid-$2s at it, just to see the foreclosing lender’s response. I doubt it’s selling for anything close to that number, but I’ll be curious to see what it does sell for.

Regardless of the final price, and as a plus for the town, taxpayers will soon see $80,000 in property tax liens paid off.