My read
The market already voted on this one at $659,900 and the answer was no. At $649,900 it's still sitting 15% above the NE detached benchmark of $563,900 (CREB, July 2026) (Saddle Ridge itself trades at a premium to that number given its school access and transit infrastructure, with area comps landing closer to $605,000-$625,000 for similar finished-basement detached) in a quadrant that has cooled 8.2% year-over-year and is carrying 4.22 months of supply. The updates are real and meaningful, but the price is still anchored to a market that no longer exists.
What I'd pay
$620,000
Comparable detached homes in the Saddle Ridge area with finished basements in similar condition have been clearing in the $605,000-$625,000 range through late 2025 and Q1 2026 (full comp data available on request). At $620,000 you are paying a fair premium for the mechanical updates without overpaying for the finish level, and you land at roughly $373/sqft which is defensible against current NE comp data.
The play
Come in at $615,000 with a home inspection condition and a 30-day possession. The price history and DOM together suggest negotiating room exists. Your inspection focus should be the composite siding moisture points and the absence of AC. If inspection is clean, you have a well-maintained home at a number that reflects where the NE market actually is in April 2026, not where it was in 2022.
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