There is like a $215k premium over inflation, so without knowing anything else about the house, that is crazy.
If it had a big plot and was in a low development area that has grown into a high demand area and was drastically modernized, I could see the current price make some sense. It was sold for like 3x the median home price in '68, so I imagine it is over 3k sqft or has a big plot.
Even considering the variables, it is hard to justify over a $150k premium.
There is like a $215k premium over inflation, so without knowing anything else about the house, that is crazy.
If it had a big plot and was in a low development area that has grown into a high demand area and was drastically modernized, I could see the current price make some sense. It was sold for like 3x the median home price in '68, so I imagine it is over 3k sqft or has a big plot.
Even considering the variables, it is hard to justify over a $150k premium.