It's an udder disaster, is wot it is

28 Dairy Road, which started off a year-ago March at $4.595 million and then raised its price to $4.850 this January, dropped today to $4.250. The idea that somehow, someday, raising the price of an unwanted listing will produce a buyer is a puzzling delusion held by any number of otherwise rational sellers; hint: it won’t.

And certainly, there’s no sales history to back up this modular’s reach for glory. Poorly assembled in 2002, doused in glitter (the original photos showed a rented Rolls in the driveway, snicker) and priced at $5.950, it eventually sold to someone at the end of 2004 for $5.125. That poor fool, in turn, installed a pool, ripped out the Home Depot landscaping, including the tiny Brussels sprouts shrubby things lining the driveway, rebuilt the bathrooms, and returned it to the market in 2014 at $5.995. All that work and money expended, he ended up selling to these current owners for $3.950 in June, 2018. And now they’re stuck with it.

I’ll be surprised if even COVID can bring them back to their purchase price; lipstick can only do so much.

circa 2002