For sale in Melrose: An uninhabitable, fire-ravaged home — for $650,000
Just when you thought home prices couldn’t get any crazier. After receiving multiple offers in just two weeks, the seller is raising the price.
Just when you thought home prices couldn’t get any crazier.
An uninhabitable, fire-ravaged home on a quarter-acre lot in Melrose was recently listed for sale at $600,000. But now, after receiving multiple offers in just two weeks, the seller is raising the price by another $50,000, the Globe’s Jaclyn Reiss and Katheleen Conti report.
“The seller needs that number [$650,000] in order to make a move that he wants to make and stay in the Melrose area,” said Bill Butler, the listing agent with Re/Max Leading Edge. “Otherwise they will just rebuild.”
Read the complete story at BostonGlobe.com.
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