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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think a lot of DCUM is missing the boat. Housing is a scarce commodity. It isn’t going to improve… ever. Especially in desirable locations. This house went for market value. [/quote]

DP I get that, but I think OP is right that this might legitimately be a mistake. They listed it just over 1m and Redfin currently estimates it’s worth about 1.2m. Considering the size and location, maybe the numbers were inverted and it actually sold for 1.27 rather than 1.72. I’ve seen that happen before. That’s still a ton of money for kind of an unimpressive house. Or maybe it did go for 1.7, in which case, bananas. [/quote]

No, 1.2 million would be too little for a renovated house in the Whitman area.  As crazy as it is, $1.7M is closer to correct than $1.27 million.  The Redfin estimate should be ignored here as it heavily considers list price.  [/quote]

It looks like a much newer and much bigger house sold last week for 1.6 just a couple blocks away on a quieter street. Either it was a REALLY nice flip (I didn’t see the inside pictures) or something weird happened. [/quote]

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