Price cut on Richmond Hill
/
51 Richmond Hill, drops to $3.795 from $3.950.Purchased directly from its builder in 2018 for $3,102,300.
It seems rather unprepossessing, and Richmond Hill’s been a tough sell since the early 2000s, with millions lost on resales, but the streets been showing signs of life recently.
The trouble with a house never having been exposed to the market is that buyers are guessing at its value, rather than basing it on the reactions of others.
And new construction usually suffers a discount upon resale, not a premium, but these are different times, o who knows?
