|462 36th Place|
It's not as bogus as the $50.00 cut
back in early August, but 462 36th Place
has made a new cut mainly to generate a "pop" on the radar.
This time: $900.00.
On a list price near $850k. Whoopee.
The new $900 cut on the smallish
(2br/2ba, 1200 sq. ft.) remodel brought it from $848,900 to $848,000
In between the $50 and $900 cuts, there was one more substantial $50,000 cut, which we referenced 2 week ago
. But now, back to the old games...
For more on this property, see our review from late May
The house was purchased for $825k
in Aug. 2008, and the listing still touts $150k in renovations. So we'll repeat that this is already a clear case of the seller "donating the renovations."
But for some reason they're not pitching it that way. It's still all about the baby-step price adjustments.
Did we mention that the listing still begins, precisely: "Location! Location! Location!"
There's your issue right there.