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Interesting that you bring this back up. I was out walking one of the dogs last night and the thought crossed my mind that it might be going a bit flat. The house on the corner of my street has been flipped twice since I moved in here -- roughly 19 months -- for successively more money each time. The current owner bought it, remodeled it, and put it up for sale at 1.3 -- which would make it the first house on our street to go for more than a million as a remodel instead of a complete teardown.
It's been sitting for sale now for several months.
Personally I think the owner fucked up, the house never had any problem selling before they did the apparently crappy job of remodeling it... and other houses on the street are still flying off the shelves so to speak in the 850+ range...
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