Solid $500,000 profit, poss sl more, SOLID comp, no takers, what gives?

[Kelly Sennholz]

I have a property for sale, price and renovation costs are $1,375,000 and have a nearly identical property 10 doors down with a solid $1,850,000 after renovation sale (they did nearly same thing - I think my architectural plans will yield slightly more, maybe another $50-100K), Sloans lake w/ $3M homes abounding, no takers.

What gives?