The Swamplot Price Adjuster needs your nominations! Found a property you think is poorly priced? Send an email to Swamplot, and be sure to include a link to the listing or photos. Tell us about the property, and explain why you think it deserves a price adjustment. Then tell us what you think a better price would be. Unless requested otherwise, all submissions to the Swamplot Price Adjuster will be kept anonymous.
Location: 8906 B Memorial Dr., Bayou Woods
Details: 7 bedrooms, 5 1/2 baths; 7,521 sq. ft. on a 25,740-sq.-ft. lot
History: On the market for more than 2 1/2 years. 8 separate price reductions, totaling $925K. Just cut $100K at the beginning of this month.
Says the nominator of this home:
This place is just too much. Really. I mean … 22 ft. ceilings in the Living Room? Who’s got that much of a swelled head? And 2 separate game rooms? One of them has its own kitchen and dining room! I think “built for builder” says it all.
But what do I know? At only 7,500sf maybe it’s not grandiose enough for the new Bayou Woods.
I don’t really know much about this place, but it sure has been hanging around on the market for awhile.
What should the price be?
Obviously, the original $2.575 million asking price was way too much. I can’t really guess what price it’s going to sell at, but it sure would be fun to see another $100,000 cut or so, maybe just for sport. So I’ll say $1.5 million, just to get the conversation started.