When this gorgeous place near the mayor's mansion went on the market this spring, and we thought it might get something close to its ask price. A 6-bedroom house with two full baths and two half baths plus a solarium has a lot to offer. The house has Pewabic tile on every imaginable surface—in the bathrooms, all over the solarium, on the fireplaces—a grand staircase, and charming arched doors. It also boasts an impressive pedigree having been designed by Robert O. Derrick, better known as the architect behind the Henry Ford Museum. We thought it would sell quickly. But as fall rolls in, the house remains unsold, with a newly slashed price.
We liked this house in spring and summer, and like it even more now that it's dropped from $285K to $260K. Though this house has a wealth of original details—the Pewabic tile fountain in the solarium among them, it also lacks AC and a garage, and you'll need to gut the 80s kitchen and yank a hectare of horrid carpeting. Given these issues, the current price seems more than fair. And as his neighbor, you may even be invited over for barbecue and beers with the Mayor. Seems worth at least $260K.