Realtor Flip

A local agent paid $1,237,229 million for 18 Ivanhoe Lane in June, 2019, and has now put it back up for sale for $1.950. Although its listing describes it as “recently freshened”, it’s really the same house, untouched, so this is a true apples-to-apples test of market appreciation over the past 18 months.

I’m curious to see how this works out, and I’m not saying it won’t.