Deal of the Year in Darnestown?

This bank-owned home in Finegan Farm in Darnestown came on the market in late summer.  At the time I said this was a screaming deal at $1.1M.  I know that they had an at least one offer over $1M in the summer, but a mix of inflexibility and unresponsiveness killed that deal.  I’m sure they had others.  It finally closed today with a final price – $955,000.  Shockingly low.   This price would be understandable if this home was in poor condition, but it wasn’t.  Properly marketed and negotiated, this home should have settled for something closer to $1.2M.

Posted by Bruce Lemieux

Leave a Reply