One day, three million-dollar closings in Greenville’s luxury market | Greenville Real Estate Special Coverage
Greenville’s million dollar market continues to pick up speed.
July 9th saw a spate of luxury sector activity in the city, with three homes closing on the same day with sales prices of $ 1 million or more. The group was led by a $ 2.05 million residence located across from the Greenville Country Club.
Joan Herlong of Joan Herlong Sotherby’s International Realty represented buyers and sellers on the 5,993 square foot refurbished Craftsman at 228 Byrd Blvd. On the same day, Maggie Toler of Berkshire Hathaway HomeServices C. Dan Joyner Realtors represented the seller and Blair Miller of Wilson Associates Real Estate represented the buyer in the sale of a 6,245 square foot, $ 1.5 million home in the Greenville Country Club.
A home in downtown Greenville, built in 1911, also closed on July 9 for $ 1.295 million, with Mary Sloka of EXP Realty representing the seller and Keith Clark of The Buyer’s Broker the buyer. The house at 221 East Park Avenue was previously listed as a bed and breakfast and the residence of former Greenville Headmaster JL Mann.
Cliffs unveils three new enclaves
The company The Cliffs of Travelers Rest has announced the introduction of three new enclaves with a high housing stock, which will add a total of 52 home sites to its growing portfolio of mountain and lake communities.
Golf Ridge at The Cliffs at Mountain Park near Marietta will bring 19 new home sites to development next to the Gary Player-designed links golf course. Solstice Park in The Cliffs at Keowee Springs near Six Mile will be a cluster of 28 home sites with access to Lake Keowee and the community’s golf course designed by Tom Fazio. And Lake Ridge in Keowee Springs will be a grouping of five home sites in The Landing near the upcoming Lake Club. The offers are created by Cliffs Builders.
Golf Ridge floor plans range from 2,785 to 3,457 square feet with generous outdoor living spaces and options like summer kitchens and patio fireplaces. Rustic mountain and modern exterior detail packages are available, and the home sites are either right on the golf course or overlook the golf course. Homes range from $ 999,999 to $ 1.29 million
The home sites at Solstice Park have sunrise views, and all sites have golf cart access with close proximity to the bistro and the upcoming Keowee Springs Clubhouse. The facilities include protected green areas and paths for hiking and cycling. The owners also have the option of leasing a nearby mooring. The four floor plans range from 2,785 to 3,457 square feet and prices range from $ 1.029 million to $ 1.329 million.
Lake Ridge provides access to the upcoming Landing Lake Club and is close to the community golf course and Beach Club, which is located on a pristine, sandy beach on the lake. Designed by Charleston-based architect David Thompson, each custom home has four bedrooms, 4.5 baths, and a total area of 3,700 square feet. Floor plans are inherently open, and homes start at $ 1.75 million.
Terms and conditions favorable
The Greater Greenville area is one of the top 20 metropolitan areas in the country with the strongest conditions for commercial real estate in 2021, according to an analysis by the National Association of Realtors in the first quarter.
From a commercial perspective, the Greenville-Anderson-Mauldin market is stronger than the entire US market, according to NAR researchers. The region is experiencing greater job creation than nationwide, particularly in the retail and leisure / hospitality sectors. The unemployment rate is also lower than the national one, and the population is growing faster than the national one.
But wages in the Greenville market are also lower than domestically and are not rising as fast as elsewhere. Job creation is surpassing housing permits faster than nationwide. And there is less construction going on in Greenville than nationwide, which is particularly evident in a tight housing market that is in dire need of new inventory.
Overall, however, the NAR expected strong job creation and favorable economic conditions that would bode well for the future of the Greenville area. “Commercial transactions are likely to pick up in the second half of 2021 and 2022 as more people are vaccinated, more businesses operate at higher capacity, personal leisure and business travel increases, and consumer spending increases,” the report said.
Two other areas in South Carolina were also named among the top 20 areas with the strongest commercial real estate conditions for the first quarter of 2021: Greater Charleston and Greater Charlotte, NC., Which includes portions of York, Lancaster, and Chester Counties in the Palmetto Country. Jacksonville, Florida topped the NAR’s list.
Parker Group welcomes new BIC
Greenville-based Parker Group has recruited Angela Rodriguez as the property company’s new home sales agent.
Prior to joining The Parker Group, Rodriguez worked in real estate sales at a local top 10 independent residential real estate agency for over six years, where she was consistently rated a top producer. Prior to that, she was a newscaster and reporter for WYFF-TV, where she received an Emmy for outstanding investigative reporting.
Firms in the state welcome new agents
Several upstate real estate firms have added new agents to their ranks.
Allen Tate Realtors has added Bryan Graham to their Anderson office, Steven Eldridge and Julia Volpe to their Easley / Powdersville location, Debbie Armstrong to their downtown Greenville office, and Kylie Putman to their Greenville / Simpsonville office.
Berkshire Hathaway HomeServices has also added C. Dan Joyner Realtors Thomas “Butler” Evans to its North Pleasantburg office. A native of South Carolina, he graduated from the University of Georgia with a degree in landscape architecture and worked in the bespoke clothing industry and spent nearly a decade in Atlanta and New York.
And Marchant Real Estate of Greenville welcomed Heather Barajas, a Simpsonville resident and a Penn State University graduate with a background in design and remodeling.
When should you zoom out?
Maybe you have rooms in your house that you hardly use, or gardening is no longer fun. These are some of the signs that it might be time to downsize, according to Allen Tate Realtors.
There is no one-size-fits-all answer to when it is time for empty nests to consider selling their family home and moving to something smaller. But according to Allen Tate, which has nine locations upstate including downtown Greenville, there are signs that every older adult should be watching out for.
One is if there are rooms or storage rooms in the home that you rarely or no longer use, a glaring indication that you have too much square footage. Another is when gardening is no longer attractive. If your old family home keeps you in a city where your children no longer live, you may miss out on memories.
And then there is the current market, which is hotter in the Upstate than it has been for a long time. According to the latest figures from the Greater Greenville Association of Realtors, single-family homes cost an average of 100.8 percent of their retail price. There’s no better time to whip than when the iron is hot.
Agent spotlight and open house ads
Upstate real estate agents are now able to feature on The Greenville Post and Courier website and post free listings for open homes.
Real estate agents interested in being featured on The Greenville Post and Courier’s Agent Spotlight can submit their information here. Information required includes a brief bio and contact information. A different broker is presented on the real estate homepage every week.
Brokers who want to post a free open house ad can submit their information here. The ads will run free of charge for seven days on The Greenville Post and Courier open-house offerings.