Kim Zolciak & Kroy Biermann Slash Value of Georgia Mansion by Half a Million

Kim Zolciak and Kroy Biermann are determined to unload their Georgia mansion to mitigate their cash woes … evidenced by the actual fact they only dropped their asking worth by a severe chunk of change.

The on-and-off couple — who’re nonetheless in the midst of a divorce — are actually asking $5,500,000 for his or her Milton, GA property … after initially itemizing it for $6 mil in October.

Not the most important slash on the planet, however it’s substantial … and clearly, they hope the transfer will get somebody to chunk. Time will inform if it really works — truth is, the housing market is a bit sluggish proper now, and rates of interest are fairly excessive.

The opposite factor to think about right here, comparable homes of their rapid space — in some circumstances, on the identical avenue — are going for significantly much less cash … so they may have to go even decrease than this.

Keep in mind, Kroy was not too long ago begging a judge to permit him to place the home up on the market as a approach to take care of the mounting debt they discover themselves in … and it seems to be like he and Kim lastly received on the identical web page, regardless of their ongoing back-and-forth feuding/making up.

Whether or not they find yourself sticking at $550k or dropping their worth to a bit much less, they will nonetheless clear up in comparison with what they purchased this crib for again in 2012 … simply $880,000 on the time.