Will this place sell at this price? I don’t know, but I wouldn’t give the seller $900K for it. It’s a nice place in a fair neighborhood, last sold in 2003 for $770,250 ( I wonder to whom?). The market doesn’t give a crap how much they spent for the place, it’s worth what it’s worth. What would I be willing to pay? I think the 2003 price is pretty close right now, but there is no gaurantee it will stay this way. Timing is also critical, I could easily afford this place right now but that doesn’t mean I’m going to buy it.
(By the way, THIS is how you sneak an ad for a property on a bearish housing website)