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RealInformation for Saturday, Might 14, 2022 | Real Estate


Maison Real Estate Sells 21 Wentworth Street in Downtown Charleston for $4,525,000







21wentworth

Nick Cann photograph/offered


Boasting a complete of three,940 sq. toes and full with 4 bedrooms and 4 bogs, 21 Wentworth is a sublime, light-filled, strong brick three-story Greek Revival house with double piazzas nestled within the coronary heart of downtown Charleston’s charming Ansonborough neighborhood. The considerate fashionable re-design of the circa 1840 Charleston Single House incorporates a classy, subtle fashion that highlights the property’s timeless unique Greek Revival architectural options, together with a sublime heart corridor with a putting staircase that curves up the three tales, unique coronary heart pine doorways and well-preserved coronary heart pine flooring, plaster ceiling medallions, and superbly encased massive home windows – many with the house’s unique glass. Consisting of two mixed constructions, the property thoughtfully connects the principle home, which options three bedrooms, with the cook dinner’s home by a glassy, heavenly “hyphen”, with the cook dinner’s home utilized as idyllic visitor quarters with one bed room and an ensuite rest room. With the trendy new design deliberately commingled to the masterfully designed outside gardens surrounding the home, the house options seamless indoor and outside residing areas, with a collection of black metallic floor-to-ceiling glass French doorways gracefully offering entry from the backyard areas to the first residing areas, permitting for year-round indoor and outside entertaining. The sunny south-facing backyard is filled with mature flowering and fruit-bearing crops, cascading vines, a well-patinated water fountain, a glossy fireplace pit, an out of doors grill, placing inexperienced, a basic potting shed, and a two-car driveway with an automatic wrought iron gate. This property was offered by Jennifer Davis of Maison Real Estate

No Home Surprises Act: 3 in 4 South Carolina landlords need federal safety from shock rules (ballot).

Home possession is a dream many Americans pursue with nice need, vigor and naturally, a good funds above all. Some have even taken the subsequent step by shopping for further properties – or a number of – which implies the potential prices concerned in upkeep are multiplied too. Any landlord could have realized that unexpected prices are simply a part of the enterprise of proudly owning property, nonetheless, typically this can be a lesson realized a bit of too late…

A survey of three,240 landlords by DeckandBalconyInspections.com revealed that over 3 in 4 (76%) landlords in South Carolina imagine a federal regulation needs to be launched to guard them from shock property rules that might value 1000’s in upkeep charges. At first look, it might sound preposterous for landlords to demand federal safety from unexpected prices, however digging deeper into the difficulty, they do have two strong arguments at their disposal.

As of January 1, 2022, the ‘No Surprises Act’ got here into impact. This federal regulation protects individuals lined underneath group and particular person well being plans from receiving shock medical payments for issues like emergency companies, even when these companies had been out-of-network and obtained with out prior authorization. But, as aforementioned, costly medical payments aren’t the one prices with which individuals could also be unexpectedly hit: for instance, in 2015, California authorities launched a brand new ‘balcony inspection law’ (following a tragic balcony collapse in Berkeley). This regulation, which got here into impact in 2019, states that sure constructions with wooden balconies, decks, stairs and walkways would require a deep dive inspection for security functions and house owners have till January 1, 2025, to finish all preliminary inspections. While these legal guidelines are, after all, mandatory for security and safety causes, landlords and householders additionally danger the potential of operating into 1000’s of {dollars} in property upkeep charges. Those who personal properties close to the ocean or in additional moist winter climate circumstances have the next likelihood of being hit with these prices, given the elevated likelihood of property injury attributable to these components.

Moreover, with local weather change having a robust affect in excessive climate (comparable to pure disasters and unpredictable storms), it’s possible that landlords within the Palmetto State might be burdened with elevated prices to make their properties extra immune to local weather change-related components – one thing they argue that they don’t seem to be chargeable for. Therefore, it is sensible why over 1 in 3 (32%) aspiring landlords who had been surveyed admit the prospect of local weather change-related property prices dissuades them from doing so.

Owning a property comes with huge duty and when there are tenants concerned, there might be hidden prices concerned comparable to restore to damages, leakages, electrical faults and different unpredictable frustrations. Nearly 1 in 3 (30%) landlords mentioned they’ve personally been hit by substantial shock prices for a property that they personal.

The survey additionally discovered that 78% of present landlords mentioned in the event that they received hit with a shock invoice of over $20k, they couldn’t afford to cowl the prices with out going into debt. In reality, 43% of landlords mentioned they assume the federal government ought to cowl all prices ought to local weather change-related rules about property upkeep be launched into regulation.

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Lastly, practically 1 in 10 individuals admit they don’t really feel protected when visiting mates or household who’ve a balcony. Many states, comparable to California, goal to develop on the extent of security relating to exterior, elevated structural parts comparable to decks and balconies. Through inspections carried out each six years, this regulation goals to lower the variety of harmful incidents that might happen when properties aren’t effectively maintained.

‘The risks of climate change are, unfortunately, both unavoidable and unpredictable,’ says Dan Cronk, Owner & CEO of DeckandBalconyInspections.com. ‘When it comes to maintaining properties, it’s vital to maintain up-to-date when it comes to inspections, in order to cut back the possibilities of operating into any sudden charges alongside the best way.’

The Cassina Group Ranked within the Top 1000 Brokerages within the Nation

CHARLESTON, S.C. — Real property firm The Cassina Group has been ranked within the high 1000 brokerages within the United States. The firm obtained the dignity from T3 Sixty as a part of its annual Mega 1000 listing, which analyzes and ranks the residential actual property trade’s largest brokerages. This is the second 12 months The Cassina Group has been named to the listing.







Cassina Group Leadership Team

The Cassina Group management crew, from left, Robertson Allen, Jimmy Dye and Owen Tyler. 




“We are so honored to have been named to the Mega 1000 list again this year,” mentioned Owen Tyler, associate and managing dealer of The Cassina Group. “Our team of Realtors and staff work tirelessly day in and day out to deliver the best possible experience for our clients, and we are so elated to be recognized for our efforts and successes.”

The award was introduced by T3 Sixty, the biggest administration consultancy within the residential actual property brokerage trade. The report ranks the nation’s high 1,000 brokerages by annual gross sales quantity, transaction sides and agent depend.

“The companies that make the Mega 1000 are the best in the industry,” mentioned T3 Sixty Founder and Executive Chairman Stefan Swanepoel. “They are the leaders. Congrats to them.”

The Mega 1000 acknowledges The Cassina Group’s record-breaking 12 months in 2021, by which the corporate had its finest 12 months since its 2006 inception with over $586 million in closed gross sales. The boutique agency has simply over 40 Realtors and constantly ranks because the No. 1 boutique agency in Charleston. The firm, recognized for its cutting-edge advertising methods and high-touch service, works with purchaser and vendor purchasers all through Charleston.

For extra data on The Cassina Group, go to www.CassinaGroup.com.

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