Richmond Condo for Sale for $1... cont'd


Blog by Arnold Shuchat | February 6th, 2013


On January 22 I posted a listing of a condo on Jones Rd. that showed a price decrease of its entire asking price but for $1.  It did not sell yet, or at least it still shows as listed. 

I got one call on it at $1 and I know the listing Realtor got many inquiries as well. The gimmick probably was not worth the trouble.  I just checked back on this listing and either the owner or the Realtor caved after only 4 days of the price reduction down to $1 and on January 25th, the price was reset at $328,800.  Not quite $1 but still some $27k off the previous price of $355k. The gimmick probably was not worth the trouble.  Do we look like Toronto?