Thursday, October 12, 2023

Auctoberfest in Sproxton Lane

 

Your perfect riverfront paradise, set on the banks of the Clyde River and showcasing magnificent views which sprawl across the water to Nelligen heritage village that creates an enchanting backdrop."    [Click here]

I hope the auctioneer will keep his mouth shut because "showcasing" those views which "sprawl across the water" would have everyone reach for their "Fowler's Modern English Usage" instead of their chequebook.

I will reach for neither but simply have a good look-in because whatever happens at Number 5 today could be a good indicator of what might happen at Number 35 if I decided to put "Riverbend" on the market.

 


Are her price expectations better than her dress sense because an ankle-length Driza-Bone "Man from Snowy River" overcoat is not the dress code around here?

 

"We are expecting $1,800,000-$2,000,000", Sophie Luton emailed me. She shouldn't have told me but let's see what happens today at 1 p.m.

I would never sell "Riverbend" at auction. Auctions only ever benefit the buyer who rarely pays the maximum price. He simply pays one bid more than the second-highest bidder to become the successful buyer. Auction bidding is not competitive but comparative!

 


 

P.S. It sold for $1,688,000 which is pretty ordinary considering it sold eleven years ago for $1,200,000.