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10763 Wellworth Ave Receives A Price Reduction

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The Westwood home at 10763 Wellworth Ave received a price reduction this week of 3.61% or $55,000, down to $1,470,000. Listed ~119 days ago on 5/13/13 for $1,499,000, this is the first price reduction of the current listing term. In August, after the property fell out of escrow, the seller raised the asking price by $26,000 up to $1,525,000. According to the MLS, the home is a 3 bedroom / 4 bath, 2,041 sq ft of living space on a 6,507 sq ft lot. The home is listed as a three bedroom, but the 3rd room is such that you have to walk through that room to get to the rear bedroom. So right now you can call it a 2 bedroom + office. I believe I was explained to at the house that it might not be too difficult to alter that by punching a hole in the wall between the two bedrooms and creating a hallway from the den area to access the third bedroom without going through the 2nd bedroom. Where there is a will, there is a way. Buyer to investigate.