Modesto house cuts price by $100,000 – But it’s still worth millions
One of Modesto’s most expensive properties has just cut its price by $1,000,000. Under usual circumstances, this may be a lot of money. However, the price is still set at $2,000,000 meaning this represents a mere 5% discount. Listed on Zillow, this Modesto home has 3 bedrooms, 4 bathrooms, and 2,828 sqft of living space.
Orginally built in 1962, this home has plenty of character and has since been renovated with plenty of modern touches and features. However, the exterior still shows the beautiful features of the original design. Perhaps another reason for the price is based on the location which is based at Del Rio Drive which has a nearby golf club.
The house also comes with a decent sized patio and backyard, which may be something of a rarity when talking about Modesto real estate. As seen, many of the rooms are completely empty which also highlights what can be done to the place from a design perspective.
Overall, it will be interesting to see how this house sale performs. On the one hand, the discount will definitely help. On the other hand, it still may be too high. Ultimately though, this is a nice house in Modesto, so it will probably sell sooner rather than later.