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Value Villa? Go Mediterranean for Less than $200 K

When this "Mediterranean Villa" was listed on Trulia a little more than a month ago, the asking price was $225,000. That's already a price chop from 2005 when it sold for $290,000. So are buyers feeling any more romantic about this villa now that temperatures have cooled? Not at all. Today's listing emails confirm a price chop down to an asking price of $199,900. That's $25,100 off for 2,400 square feet and a yard with your own private pond. The built-in-1924 villa has four bedrooms and is promising three bedrooms and a barbeque.

· 19595 Argyle Crescent, Detroit MI 48203 [Trulia]