Good Deal or Not?

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This house located at 1731 Park Road had previously been featured as house of the day and garden of the day, so I was intrigued to see it for sale. The flier says:

“HUGE PRICE REDUCTION!! the house you’ve been waiting for. Wardman Mediterranean Style Four Square. Great house for entertaning on front porch facing park, in the bricked in backyard or the generous sized living & dining rooms. Crown and picture molding everywhere. Four LARGE bdrms and 2 full baths upstairs and renovated 3rd floor w/ high ceilings, W/ D, full bath. 1br unit in bsmnt.”

It truly is a beauty. Find more details here.

The original price was listed as $1,175,000. It has been reduced to $999,900. So is that enough of a reduction to make this a house a good deal?

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