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The last time this Boston-Edison house sold was in November 2005 for $310,000. When it landed on the market in July of this year, its price escalated all the way up to $1.5 million. Since then, the price has slowly lowered down to the current ask of $1.05 million, and Curbed wants to ask is this the right price?
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The property offers seven bedrooms and four bathrooms across approximately 4,500 square feet of space. Nearly half an acre of land is included. The home, known as the “Majectic [sic] Rackeam Estate,” according to the listing, offers crown molding, three fireplaces, and a separate carriage house with a full kitchen. There is also a three-car garage and an electric gate included.
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According to Redfin, the median listing price for the ZIP code, 48202, is $198,500. This home currently stands as the most expensive home in the ZIP code with the second-highest priced home asking $799,000.
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What do readers think? Answer the poll below.
Poll
Do you think $1.05 million is a fair price for this home?
• 90 Edison Street [Redfin]
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