The asking price on 65 St. Germain was recently reduced for the sixth time (yes, sixth). And with the most recent cut of $200,000, the home is now listed at just about half (56%) of its original list price ($6,750,000). One word: staging.
∙ Listing: 65 St. Germain (5/5.5) – $3,750,000 [Hill & Co.]
∙ Will We See Six? [SocketSite]
How can anyone be so out of touch with reality that they’ve had to reduce the price six times and by 50%? That’s frightening.
“How can anyone be so out of touch with reality that they’ve had to reduce the price six times and by 50%?”
I trust you are joking. San Francisco real estate prices, and even Bay Area real estate prices for that matter, are based entirely on the concept of being “out of touch with reality.”
Not bad for around $500 per sq ft. I wish I had money to buy this house and put another $500k or so for a remodel. That would be one sick house.
The house looks nice (I think it could use some better staging), but I’d prefer to live somewhere that’s more convenient. But that’s just me…