Juliet's Balcony Knife Catcher? 2005 prices

NEW -> Contingent Buyer Assistance Program
I am sorry to rehash this post but I was shocked at the new list price.

Drum roll please:

$1,359,000!!!!

Original Purchase price (12/30/2005): $1,751,000

Total: Loss (including commission): $473,540 (28% drop).

Loss (w/o commission): $392,000 (22.4% drop)

What is worse is that the price change occurred in Jan. 30. So no takers for over a month after dropping the price more than 20 percent.

www.redfin.com/stingray/do/printable-listing
 
Problem for Triple Leaf is that the plan 2 Juliets Balcony on Twiggs took $1.285M. Even though Triple Leaf is way more upgraded, it's hard to convince a would-be buyer of that. I'd think Triple Leaf should be able to get into escrow for $1.25M if they'd take it...

There's a lesson here, don't ever buy the model. They are way overpriced and the over-decoration makes them less appealing to some buyers.
 
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