Thursday, September 26, 2019

September 2019 Greenville Homes Newsletter


instagram_icon             twitter         facebook

cunningham_remax_greenville_sc_real_estate


remax_greenville_sc_real_estate

A monthly review of our team & the Greenville Real Estate Market

Fall is around the corner...Greenville_real_estate_market_facts_Aug

After a break for summer our newsletter is back on track. Summer sales followed past trends of strong sales in June, slowing in July and strong again in August just in time for school to start. September typically has been a slower month as people are busy with Fall activities and school starting. This year, is has more sales then the previous two years and shows the confidence the buying public has in the economy. See our charts and summary below for more real estate insights. 
Fountain Inn: This week we were visiting Fountain Inn in conjunction with one of our listings that had land, and sold quickly. Fountain Inn typically has more land around the homes. I was very surprised at the well defined downtown area and the streetscape improvements that have taken place over the past few years. I've included photos throughout this blog of the Fountain Inn downtown area. Areas that have seen improvement/attention include the actual sidewalks and lamps along the main street, side streets with cafe tables and sitting areas out of the sun, a water fountain and Saturday market pavilion, a renovated railroad depot and side buildings with original siding and structure still in place. With Mauldin putting in their section of the Swamp Rabbit Trail and Simpsonville committing to a portion as well, Fountain Inn is considering joining the trail as well.

Fountain_Inn_Downtown_Homes_greenville_sc Fountain Inn Cafe Tables/Side Street.

Greenville_sc_homes_fountain_inn_streetscape

Fountain Inn Downtown improvements to the street scape

Speaking of cool Greenville town's - Travelers Rest The TR Farmer's Market at trailblazers park has been in full swing this summer and has plans for this fall for more events,  we will go into in a minute. September 28th marks the APPLE FEST SEASON FINALE for the Saturday Market. There will be vendor for everything apple from the farmers to restaurants with apple recipes all prepared to eat (apple cider donuts sound delish) and even vendors doing soaps and other inventive things with our locally grown apples. 
Travelers_Rest_Trailblazer_park_homes_greenville_sc
Travelers Rest Harvest Market and Bluegrass Festival Is starting up in October. This event will run all of October and is held Thursday evenings from 5:00pm - 8:00pm @ Trailblazer Park, 235 Trailblazer Drive, TR, SC 29690 It will include food trucks, craft beer vendors, wine, produce, baked goods, crafts and MUSIC! Bluegrass musicians will be playing weekly. Sounds like great ambiance and then you can eat out at all the great restaurants TR is becoming famous for if you are not full from all the great food at the park. Just walk it off with a stroll or ride along the swamp rabbit trail. 
Fountain_inn_downtown_Land_greenville_sc

Fountain Inn Sidewalk streetscape work, Brick inlay and decorative lamps

Greenville's Tunnel Project. Greenville's leaders are preparing for the future with this new 100 year sewer dig. It is projected to handle sewer and water issue for the next 100 years with projected growth of the upstate factored into the calculations. There were many ways to handle the issues with our sewer system and many of them would have been very disruptive to the downtown area and Falls Park.
Greenville_sc_downtown_condos__for_sale

Stats on Greenville's Tunnel Project

It was decided to take it all underground with a massive pipe that is 7 feet in diameter and will be 6000 feet long. It will run right under downtown from Westfield street to Cleveland Park. Completion date is 2021. The sewer tunnel will be entirely gravity feed and will lead into the sewer treatment plant. It will also handle excess rainwater from storms that now flood the sewer system. 

 Cunningham Team Home LISTING

Hollingsworth Park - 6 Alister Drive, Greenville, SC 29607

List Price $469,900     |    5 BD x 3.5 BA   |    2,800 s.f.   |   MLS# 1396211

greenville_south_carolina_home_Alister_dr

AUGUST Home Sales

How many homes sold compared to last year? 

Homes_Sold_in_greenville_sc_Aug  
Real Estate Sales  - September marks the final month of the 3rd Quarter. Businesses and individuals have a firm grasp on what their income for the year is going to be. After a slight slump in the summer months, August soared back with 1505 homes, condos and residential lots sold. This upswing is typical for August, but the volume was much higher then last years rebound. Market wide, inventory levels were up 28.2%. Condos gained the most inventory by 107.1%. That is about a 5.6 months supply of condos. Average home prices are up by $15,000 and median sales prices are up $18,000, that's a 7.0% gain. Condos lead the price increase with their median prices rising to $177,118. The price range that sold the quickest was the $100,001 to $150,000 range, selling in just 33 days. The $300,001 and above range was the slowest seller with an average number of days until it was sold at 72 days,  


Greater Greenville Market Data Overview

(Condo & Single Family Home Sales as of September 16th)

August


2019


2018


Homes Sold


1505


1359


 Active Homes


5128


4001


Average Sales Price


   $255,470   


$239,792


Median Sales Price


$220,000


   $202,000   


 Average Days On Market (DOM) 


49


46


Thinking of listing? Talk to us about your home's value and our 3D interactive home tour. It's like having an open house 24-7 without the inconvenience!  864-679-0707. 
Greenville_real_estate_market_inventory_statistics_august
Sources: GGAR MLS

?   DID YOU KNOW   ?

The latest color trends include Dark Green's now. The darker Green's are a reboot of the 90's hunter green which was very popular. Today's dark green's have a hint of grey which makes it less jarring and more sophisticated. 
Blue is still very popular, but corals are also making a come back with the popularity of the mid-century vibe people are embracing.

Greenville's Parallel Project is Complete

What is the Parallel Project you ask? It is a project that's overall goal is to help with the congestion on Woodruff road. This project addressed the traffic from I-85 to Verdae Blvd. It opened a road behind the Home Depot and Target and runs it over to Verdae Blvd and connects two other side roads in the process. Once drivers learn about these roads it should cut down on some of the congestion in this area of Woodruff Road. The part I am looking forward to is when they figure out how to improve the Garlington exchange at Woodruff road among others. Good job Piedmont Natural Gas who came up with the solution.
Greenville_sc_fountain_inn_homes_and_real_estate
Local Developments: 
Greer Mill possibly up for redevelopment:  The mill, Greer Mill, at the corner of 300 Connecticut Ave is being submitted to the city for renovation into a mixed use development. The builders are hoping to incorporate residential and commercial including 120 studio apartments, a boutique hotel, office space, restaurants, brewery, a gym, self-storage and a common area. The facility is 8.45 acres and is only 5 minutes from downtown Greer's central business district. The surrounding area is primarily residential mill village houses. These houses would be a good buy to hold onto and renovate for future investment.  
Greenville_SC_real_estate_market_2018Greenville's Real Estate Market 
SEPTEMBER 2019

DEMAND


Rising


INVENTORY


Rising


PRICE


Rising

GSP Airport: Opened their $33 million air cargo facility which will allow significantly more domestic and international freight, which is an important component when companies are looking to move to Greenville, SC. 
Taylors Mill: Has announced two new tenants, The Mad Smash and The Blue Ox Hatchet House. These two businesses are thinking outside the box. The Mad Smash specialises in allowing clients to smash breakables OR get a massage. WOW, I want to try this place out. The Blue OX is also unique in that you get to throw hatchets. Really. I'm not kidding. Please support these businesses just for the novelty of it. Pretty cool. They will be in the Dock #3 area of the mill near 13 Stripes Brewery and The Farehouse. Sounds like some cool hangout options are growing in this location.
I-85-I-385 Construction:  I recently found a cool video on the construction interchange going on. The video was fascinating in how the traffic will change and the new roads that will be or are built. View it here http://www.85385gateway.com/video.aspx
Albino Deer? Is there such a thing? Check out the photo of one that was taken in Seneca, SC. COOOOOL.
Greenville_SC_wildlife


Cunningham Team Home LISTING

102 Cope Circle, Greenville, SC 29617

Listing Price: $199,900   |   3BR x 2BA   |  1,600 S.F.   |   MLS# 140107

ALL BRICK RANCH - CLOSE TO FURMAN UNIVERSITY

Home_for_sale_greenville_real_estate

Cunningham Team Client Testimonial

"Working with Lee Cunningham and their team of professionals at RE/MAX to sell my house was the best decision I ever made. From my initial interview to closing I felt like I was their only client.

The 3D presentation of my home was outstanding! People would view the house online and feel like they were actually inside the house...I accepted an offer only 6 hours after it was listed for $5,000 more then asking.                ~Barbara H.

What's SOLD in YOUR neighborhood?

Get sold homes reports for any GREENVILLE, SC neighborhood. Be better informed about selling prices for real estate near you, and your future home. 


Cunningham_team_greenville_sc_realtors

instagram_icon             twitter         facebook

Friday, May 31, 2019

Cunningham Team Greenville MAY Newsletter


             instagram_icon             twitter         facebook
cunningham_remax_greenville_sc_real_estate

remax_greenville_sc_real_estate

A monthly review of our team & the Greenville Real Estate Market

Spring has sprung with TONS of events, festivals and activities.Greenville_real_estate_market_facts_May

Many activities have started up, as we reviewed in lost months blog, so this month we will continue our overview of Travelers Rest by reviewing some of the restaurants that have flourished in the past few years - after some local news.
Farmers Markets ARE HERE. In Travelers Rest the states LARGEST farmers market opened it's doors for the 2019 season. Many local farmer's markets have started up this month including the downtown Greenville farmer's market, Simpsonville, Mauldin, Fountain Inn, Greer, Hub City (Spartanburg), Easley and Anderson's farmer's markets to name a few! Google local Greenville farmers markets to see the extensive list and more information. It's a great way to start your weekend.
What is the Golden Strip? and are they getting the Swamp Rabbit Trail. The Golden Strip in Greenville County, SC is a reference to Mauldin, Simpsonville and Fountain Inn, the towns that stretch along I-385 south towards Columbia. Concerning the Swamp Rabbit Trail, Fountain Inn is ahead of the curve and has already built a section of the Swamp Rabbit Trail in their city, but unless the other towns in the Golden Strip build a connection Fountain Inn's trail won't connect to the rest of the county. Simpsonville is voting on moving forward with funding for the trail they hope will connect through Mauldin. The trail is planned out and runs along an old railroad, connecting to Fountain Inn, but can't plan for Mauldin yet. Mauldin is further behind in building a trail partly because they are involved in re-developing their whole downtown "scene" as they don't have a traditional one. Their downtown has 4 lane highways running through it and their county buildings sit on "super blocks". 
Simpsonville_sc_homes_swamp-rabbit-trail
 Photo: LAUREN PETRACCA
Mauldin officials are considering an alternative route that uses exiting green-way trails on a branch of Gilbert Creek. The great growth Travelers Rest has had is a great boon and encouragement for the Golden Strip town to connect as well because all this development takes significant amounts of money. Before any of these sections can be connected to downtown the much anticipated extension from Cleveland Park thru the Laurens Road corridor to Clemson's International Center for Automotive Research - ICAR needs to be completed, and is close to acquiring all needed land to finish their section of the trail. Sources: Greenville News
Artisphere. This past weekend saw Mothers Day falling on the same weekend as Artisphere. The festival has evolved a great deal since it's beginnings - in a good way. There are now more performances and vendors that "perform" rather then just stalls for art purchases. It was a fun and interesting way to spend some time this weekend and the art on display was AMAZING. 

April Sales

How many homes sold by month compared to last year? 

Homes_Sold_in_greenville_sc_May
 Real Estate Sales HIGH Sales for April were about 150 units over what the real estate market sold last year and have doubled in volume from a low in January. Prices are continuing to rise and are up $15,000 over average and median home prices just a year ago. Looking at our historical graph (see graph below) of average home prices it shows a growth of about $50,000 in average home prices since 2007. Of course homes in the downtown and along the swamp rabbit trail have sometimes risen by 200% over prices in 2013. Inventory is higher then the past few years giving home buyers more choice and negotiation leverage. 



Greater Greenville Market Data Overview

(Condo & Single Family Home Sales)

APRIL


2019


2018


Homes Sold


1279


1179


 Active Homes


4716


3689


Average Sales Price


$250,038


$234,787


Median Sales Price


$216,900


$200,000


 Average Days On Market (DOM)


57


53


Thinking of listing? Talk to us about your home's value and our 3D interactive home tour. It's like having an open house 24-7 without the inconvenience!  864-67-0707. 


greenville_sc_homes_sold_may_historical
Sources: GGAR MLS

Eating Well on the Swamp Rabbit Trail in Travelers Rest, SC

Eating well, whatever your definition of that happens to be, is easy on the Swamp Rabbit Trail in Travelers Rest, SC! Whether you like barbecue, bar food, tacos, sushi, vegetarian, vegan, American classics, or a combination, you can find it all on this less than one mile stretch of Main Street in Travelers Rest.  And if you have a thirst you need to slake, water, sodas, tea, coffee - craft beers and crafted cocktails - are also available.
The opening of the Swamp Rabbit Trail (SRT), a 22-mile long paved trail through Greenville County, in 2009 has been a boon for the small town of Travelers Rest (TR), SC.  Once known simply as a place to pass through on the way from the mountains to Greenville, TR has become a destination for foodies and lovers of all things outdoors.  TR’s Main Street and the SRT run right next to each other through downtown TR with walkers, bikers, and runners making frequent use of them both.  The restaurants on Main Street have done their best to provide a welcoming atmosphere for the folks who find themselves thirsty and or hungry.  Bike racks abound.  Animals are welcome on the outdoor patios.  Some of the restaurants right on the trail even provide back door service for drinks and treats. 

?   DID YOU KNOW   ?

CLAY TILES
Clay tiles have been used by nearly every civilization as a roofing material, but the idea can actually be traced back to as far as 10,000 B.C. to those in China and the Middle East.

The Greenville Health System (now Prisma Health) developed a guide, called “The Carrot”, to help find THE restaurant to satisfy your hunger on the SRT. In it you will find a map of food, drinks, and beer within a short “hop” of the Swamp Rabbit Trail.   Available in hard copy and on-line, the Trail map is divided into logical geographic sections. Travelers Rest, South Carolina has its own page.  Restaurants, bars, farmers markets, grocery stores, ice cream shops, and bakeries all have their own color code.  The page facing each map lists all the businesses, with their color code and number, located in that particular section.  Website addresses and phone numbers are also included in the listing.  The guides are available at TR’s town hall as well as other locations. 

travelers_rest_greenville_south_carolina_restaurants
Travelers Rest’s Main Street had a few restaurants prior to 2009.  But the majority of the options now in existence have come into being since the opening of the SRT.
The revitalization of downtown, spearheaded by local leaders and visionaries, has also led to more growth in the downtown area.

Starting from the southern end of the trail, Swamp Rabbit Brewery and Taproom (#21 on “The Carrot” map ) offers SRTusers a chance to wet their whistle with a brew crafted with care and years of experience.  Ben and Teresa Pierson opened the brewery in Travelers Rest in 2014, although their interest in brewing started in the early 80s. Ben Pierson trained with many well-known brewers and served as brewmaster at breweries around the country before starting Swamp Rabbit Brewery and Taproom in Travelers Rest. 

Farmhouse Tacos (#17 on “The Carrot” map) and Hare and Field (#19) are located almost directly across the street from each other.  Both are owned and operated by Chris and Katie Williamson.  Farmhouse Tacos was opened at the beginning of 2017 and Hare and Field followed in the spring of 2018.  The owners are passionate about providing a local farm to table experience for their diners.  They encourage creativity and passion in their employees too.  Most of their food is prepared from scratch, and it’s not unusual for an unexpected basket of fresh produce to come in the door in the morning. Chris and his staff don their chef hats and consider how best to use this bounty in the specials that day. Farmhouse Tacos specializes in southern inspired food, such as their buttermilk fried chicken, creatively combined with Mexican flavors. They also serve sides, like grilled corn, which bring people back to their restaurant.  

Chris Williamson says that Hare and Field makes a “really good burger”, served on Swamp Rabbit Café buns, and is also known for their fish and chips.  Hare and Field backs up to the Swamp Rabbit Trail.  

The Williamsons’ vision was to open a gastro-pub with beer, good food, and good cocktails in a fun, casual environment. 

?   DID YOU KNOW   ?

THRESHOLDS
When straw was used to cover slate and stone floors in order to keep them cold, homeowners had to find a way to keep the straw inside when the front door was opened. To do so, they built a wooden floorboard in the doorway in order to “thresh” (or separate) the straw from the outside. This became known as a threshold.

Andy O’Mara and Loran Frant continue the trend of owning multiple restaurants in Travelers Rest.  Sidewall Pizza (#13), Monkey Wrench Smokehouse (#12), and Rocket Surgery (#16) are all owned and operated by these two entrepreneurs.  These restaurants reflect the owners’ love for fresh, innovative food in three different types of cuisines.  Sidewall Pizza is set in an old tire store (the bay doors still work!) right on the SRT and serves house-made thin crust pizza and sauce, homemade ice cream and fresh salads.  Vegan and gluten-free options are available.  Rocket Surgery is across the street and features “contemporary Italian-inspired cuisine, fresh, house-made pasta and chef-driven dishes, select wine, beer, and cocktails.  

Monkey Wrench Smokehouse is also on the SRT side of the street and serves up amazing aromas to all the people walking the trail.  Their menu includes “wood smoked BBQ, awesome sides (like smoked cauliflower), craft beer and barrel-aged cocktails”.  The restaurant provides live music and outdoor seating options too.
Moving north along Main Street, we come to Upcountry Provisions (#14).  If you are in the mood for a delicious sandwich, fresh baked goods (like bread, muffins, croissants) or a peanut butter cookie (their signature), this is the place for you.  Upcountry Provisions is not directly on the SRT, but is located on State Park Road, just behind the My Sister store.

Another Stunning Cunningham Team Home LISTING

12 Hoptree Drive, Greer, SC 29650

List Price $309,900     |    5 BD x 2.5 BA   |    2,800-2,999 s.f.

greenville_south_carolina_home

Continuing our culinary tour, we come to Shortfields (#11).  The name is a combination of the owners’ names-John and Marvin Short and Cory Satterfield.  According to Mr. Satterfield, the name was suggested by his son.  Shortfields is also located across the street from the SRT, but directly on Main Street.  The partners started as a catering company in 2010.  By 2013, they decided it was time to open a physical location, and, so, Shortfields was born.  The specialties of the house are shrimp and grits, chicken cordon bleu, and fruit nachos. All dishes are prepared fresh when ordered.  Mr. Satterfield said the only thing frozen is their French fries!  The vibe is family friendly, although alcohol is served.  Pet friendly seating is available on the breezy patio.

The Café at Williams Hardware (#10) was one of the first businesses to open after the SRT came to town in 2009.  Sisters Nancy and Joyce saw a need for a place for the SRT travelers to rest, grab a drink and something to eat, and use the restroom.  The Café at Williams Hardware was their answer to that need.  Sadly, the café is now closed because the sisters have retired.  But…their adventures continue on YouTube and Facebook as “Sisters on the Loose”. 

Greenville_SC_real_estate_market_2018Greenville's Real Estate Market APRIL 2019


DEMAND


Rising


INVENTORY


Rising


PRICE


Rising


Number 9 on the map is Tandem Creperie, which opened its doors in August of 2014.  Brad and Kristen Hartman are dedicated to the idea that “together is best”.  The vision of this emporium of deliciousness is to provide a caring, hospitable atmosphere in which families and friends can spend meaningful time together.  The specialty of the house is crepes, both savory and sweet.  They also serve whole wheat waffles and homemade granola.  And don’t forget the coffee-delicious Counter Culture coffee.  Also available are hand crafted sodas, kombucha, fresh squeezed orange juice, and a selection of teas. 

One of the older restaurants, The Whistle Stop at the American Café (#15) and located directly on the trail, was started in 1932.  The original restaurant began in a different building but moved to The American Café in the 1970s. Vickie Hawkins’ grandfather owned the restaurant from 1945 to the mid 60s.  She remembers spending time in the restaurant with her grandfather, sitting at the bar as he supervised his business.  The second stool from the left at the bar was hers. Her grandfather claimed the first stool.  The café was a whistle stop during the steam train era.  While that era had passed, Ms. Hawkins remembers hearing the whistle as the train would approach from the south side of the restaurant.  Her grandfather would fix a couple of hot dogs and pour an RC Cola and Ms. Hawkins would run it out to the train as it passed the rear of the restaurant.  The train didn’t stop but was moving at a crawl so she could safely hand her bounty to the train operator.  Ms. Hawkins, a 3rd generation owner, has worked hard to provide a comfortable place for visitors, including adding rooftop dining, expanding the main dining area, and adding a “caboose” at the back of the restaurant to serve refreshments and treats to the people on the SRT.  The restaurant is open for lunch and dinner and the menu is extensive - everything from appetizers to salads, pizza to full entrees, drinks to dessert. 

The tour we’ve taken today did not cover all the goodies available along the Swamp Rabbit Trail.  Other restaurants along the Trail include Petee’s Good Foods (#8), Northwest Grill (#7), TReats Smoothie and Juice Bar (#6), Leopard Forest Coffee Company (#5), the TReeHouse Café and Studio (#4), and Pink Mama’s Ice Cream Shop (#3).  (The capitalized TRs in the above sentence are not typos but are a tribute to the town of Travelers Rest-TR as it is known among the locals.)
And the culinary scene in Travelers Rest, South Carolina continues to grow.  “The Carrot” will need updating before long!

The growth in Travelers Rest, South Carolina is a tribute to the county planners who started the Swamp Rabbit Trail and saw the potential of having a pedestrian friendly mode of transportation. Greenville's leaders continue to make great choices which brings tremendous value to Greenville's real estate market and Greenville's quality of life. 

Have a great month and enjoy the spring/summer weather!

Cunningham Team - Home UNDER CONTRACT

111 Golf View Lane, Greenville, SC 29609

Listing Price: $314,900   |   3BR x 2BA   |  2,400-2,599 S.F.

( YES, Just Listed and Just Closed. THAT FAST )

Home_for_sale_greenville_real_estate


Cunningham Team Client Testimonial


"...The Lee Cunningham Team provided insights into the Upstate market that made our investment decisions yield tremendous results. They have found a winning combination. Their team approach to tackling today’s complex market brings the buyer/seller such a sense of comfort. For the first time in my investment experience, I came to the (closing) table with no surprises!!!"                   ~ Greg & Al

HAPPY CLIENTS AT CLOSING with Lee Cunningham

Home_Sellers_Greenville_sc_real_estate

What's SOLD in YOUR neighborhood?

Get active, under contract and sold homes report for the ANY neighborhood. Be better informed about selling prices for properties and your future home.


Cunningham_team_greenville_sc_realtors

instagram_icon             twitter         facebook

Thursday, April 25, 2019

Cunningham Team Greenville April Newsletter


instagram_icon             twitter         facebook


cunningham_remax_greenville_sc_real_estate


remax_greenville_sc_real_estate

A monthly review of our team & the Greenville Real Estate Market

What's Happening in Greenville Real Estate NewsGreenville_real_estate_market_facts

A variety of big and small events are unrolling rapidly so we will try to update you.
I-85 Gateway Project is behind schedule. This should be no surprise to anyone who has noticed the 6 months of seemingly continuous rain we've had this year in Greenville. Finally the sun is out and the completion date, which was this month, has been adjusted to Jan 24th 2020 (yes, exactly on the 24. :). Hurricanes and wetland permits with additional work added are blamed for the delay. The contractor could be fined $25,000 a day if work is not completed on time.    Source: Upstate Business Journal

Greenville_SC_real_estate_market_2018Greenville's Real Estate Market March 2019


DEMAND


Rising


INVENTORY


Rising


PRICE


Rising

Poe West development in The Village of West Greenville are unveiled. In the former Poe West Hardware & Supply Co a 60,000 s.f. development is being planned which will include retail, restaurant, Class-A office space and educational facilities. A 2019 opening for the new complex is planned. Greenville Tech's new Center for Culinary and Hospitality Innovation (CHI) along with Carolina Bauernhaus Brewery & Winery, LaRue Fine Chocolate and Six and Twenty distillery will be the anchor tenants. Sounds like it will be a delicious place to visit. Homes for sale close by will start demanding a premium price to be within walking distance of these treats. Source: Upstate Business Journal 
Distillery to open new location in the Village of West Greenville! The Six&Twenty Distillery, founded in Powdersville, is opening new doors in downtown Greenville, SC at the above mentioned Poe West. The distillery will be much more then just a local bar as it will have full production in view of the patrons. Cocktail classes and retail and event space will also be available. Tours will of course be given of the production areas. The distillery will be neighbors with the Greenville Tech culinary school a beneficial pairing. Six & Twenty has become one of South Carolina's premier craft distilleries, using local grains. They specialize in small batch whiskeys, bourbons and vodkas.    Source: Upstate Business Journal 
Downtown_Greenville_SC_Condos_for_sale
301 East Broad Street Condo Development. Yes, yet another cool new condo development is going in downtown. Are there to many condos? Not yet, all the new units going in get sold out pretty quickly. Downtown is just plain HOT. The 301 E Broad condos will have 38 units and will be across the street from McBee Station and all the conveniences available there including a publix, restaurants, doctors and more. These condos will have only a 3 block walk to Main Street and the new Camperdown (Greenville News) development. 
Prisma Health to build "Destination Zone" in Greenville, SC. Prisma Health, the new owners of Greenville Health System, wants to create a one stop shop for families and employees of the medical facilities. They want to have affordable housing, hotels, restaurants, andy amenities needed and even a new cancer center in their vision for the future. This will involve partnerships with local government, universities and businesses. It would also include upgrades in infrastructure and roads. All campuses will need more land and that drives up area prices near the campuses. They have a 5-10 year horizon for these changes.      Source: Greenville News
.408 Jackson mixed-use development to be built across from Flour Field. We mentioned this new development last month, but wanted to give more details. This will be a 5 story complex with a basement. It will surround a 6 story parking complex. The residential portion will face out towards the street and field. The Shoeless Joe Jackson museum currently on site will be moved to a corner closer to the ball field, with the blessings of the family. There will also be retail shops and restaurants that don't need a full kitchen and apartments in the development.  Sources: Woodfield Developers, Upstate Business Journal
Grand_Bohemian_downtown_greenville_sc
New Grand Bohemian Greenville set to open 2020. This boutique hotel set next to Falls Park's Liberty Bridge will be 7 stories and look like a mountain lodge. I'm sure it will be a sought after place to stay for romantic couple get-aways (I'm making reservations now...just kidding) It is really in a great place and if it offers the type of atmosphere they are talking about it will be a wonderful destination. It will also have a 2 story restaurant and bar overlooking the Reedy River and Falls Park, so you don't need to stay there to enjoy the setting. The hotel will have 187 rooms and a Poseidon Spa as well as flexible indoor and outdoor venue spaces (think weddings and more). I can not wait to check it out, along with all the other new places coming to downtown. 
All of these new and potential developments add value to your Greenville, SC real estate investments and homes. Buying a home as young as you can is the wisest investment (see our recent blog newsletter subject on the topic of home and wealth), just do not max out your budget. A home is an asset, but only if it improves your quality of life and does not become a burden. 

March Sales



Greater Greenville Market Data Overview

(Condo & Single Family Home Sales)

March


2019


2018


Homes Sold


1179


1172


 Active Homes


4789


4620


Average Sales Price


$241,959


$239,514


Median Sales Price


$210,450


$205,000


 Average Days On Market (DOM)


64


62

As you can see from the graph BELOW March sales have continued to climb and are matched up with 2018 sales. The number of listings are up over last year. This is good thing for home buyers as we have had a shortage of inventory for the past few years in the Greenville real estate market. High inventory helps home buyers find what they want and get it at a lower price because there is more competition between home sellers. The Average and median sales price for homes is up just slightly over 2018 which is great for Greenville Home Sellers. Even with the increase in inventory home prices are rising. Home buyers don't need to despair as it means you are getting a good investment. This time of the year is the BEST time to buy or sell as there are more homes on the market and home buyers are looking to buy and move in just after the new school year ends. Thinking of listing? Talk to us about your home's value and our 3D interactive home tour. It's like having an open house 24-7 without the inconvenience!  864-67-0707. 

How many homes sold by month compared to last year? 

Homes_Sold_in_greenville_sc_March
Sources: GGAR MLS

?   DID YOU KNOW   ?

The phrase “It’s raining cats and dogs” has several different origin theories. One is that when houses used to have thatched roofs, pets and other small animals (squirrels, groundhogs, etc.) used to nestle into the straw for warmth. When it would rain, however, the straw would become slippery and the animals would slide out, creating the illusion that it was literally raining cats and dogs! 

Greenville EVENT Series Kickoff

The City of Greenville started it's Downtown Event Series on March 21st with Downtown Alive on Thursday nights and Heritage Main Street Fridays. If you are new to Greenville, these events are held in Noma Square with live music, children's activities and lots of fun people! This year we have 24 weeks of cool music and events. Thursdays there will be a food trucks available as well as all the downtown restaurants and shops. This year bands will be performing for your votes as well. You can vote online for your favorite bands and they will earn a paid gig and studio time for their and your efforts. Contest starts in May. These events create a fun and festive atmosphere in downtown Greenville, SC. The events attract patrons to the local retail and restaurants downtown and keeps them vibrant. The events also offer residents of Greenville County a break from the every day, family fun activities and overall improvement in the quality of life we have here in Greenville, SC. All of these things make homes in Greenville a valuable investment. 

Greenville Scottish Games May 24-26th

Little known fact about the Scottish Games here is Greenville. The City of Greenville LOVES the games as they are one of the top draws for people to come to Greenville from out of town. Those tourism dollars are huge and help Greenville, SC to grow & thrive with money from non-residents (always a happy thing for us home town folks).  The games are a fun festival of music, dancing, kids activities and the athletic events. If you haven't been to one yet go check it out. The Games are on the beautiful Furman University campus. 
Greenville_scottish_games
Travelers Rest has a new Wildlife Management Area. Just south of Highway 11/276 and about 12 miles from central TR a 1,757 acre parcel of land has been set aside for protection in it's natural state. It is called Tall Pines and contains upland and wetland areas, two lakes, numerous streams and a mile of frontage on the South Saluda River. Fish, deer, turkey, quail and small game live on the land. The land will be available to hunters, anglers, hikers and general public. It has taken 4 years to pull this together and about $4 million in funds. The land is particularly beautiful and is along the Blue Ridge Escarpment. It holds wonders that exist no where else in the state. Trails will be added moving forward. The property is at 556 Moody Bridge Road, Cleveland, SC. There is a sign at the entrance to the property and there are already roads in place that might be converted to trails by the SCDNR, who will maintain the WMA.     Sources:  travelersresthere.com
travelers_rest_south_carolina_parks

Another Cunningham Team Home LISTING

225 Murrell Road, Greenville, SC 29605

List Price $225,000     |    4BD x 3BA   |    2,000-2,199 s.f.  |   3.1 ACRES

greenville_real_estate_closing

Spring Cleaning FOCUS: Laundry Rooms

We are looking to relocate our laundry room from right as you walk in the back / garage door to a storage closet. We will be converting the storage closet from garage space to home space. This is a smart idea because it will add square footage to our home. The more square footage the more you can ask for your home and still get it to appraise. Loosing the storage space in the garage is a blow as we loved it, but I will love not having the laundry right at the back door more. Plus that space will be converted into a mudroom/pantry, what I've wanted for a long time. Not all the storage will be lost however as we will be raising the floor quite a bit to match the floors in the house so underneath that floor I will install huge drawers that pull out in the garage for large storage space.
We have been research the best options for a new laundry to make sure we add a lot of functionality and value to our home. functionality for us now and value to be able to resell for more later.
greenville_sc_home_tips
ADD FUNCTION: One neat option we have because we are altering the floor already is to raise the flooring under the Washer/Dryer even more to be easier on the back when pulling clothes out and putting them in. Adding additional cabinet and a counter top for folding is a nice plus. The counter could actually be made to fold down if you want more space in the room for other things. Adding hanging space is a great feature, in this day and age, where else are you going to do it? The days of outside clothes lines seems to be fading into the past. A built in rod or a fold-down bar you can hide are two ways to deal with this option. Purchasing a rolling clothes basket with the bar across the top for hanging folding clothes is a great option as well.
REMOVE WHAT's UNNECESSARY: When you are revamping your laundry room make sure to only have the products you need and get rid of old or un-used chemicals. Have the items you use all the time next to the washer and dryer in a cabinet, on top of the appliances or in a tote next to the W/D. Don't use the laundry room as a catch-all (unless you have no other choice) for other household cleaning supplies, mops, vacuums and misc storage. \
home_buying_tips_greenville_real_estate
ORGANIZE: In the gaps between the machines you can put in a roll-out shelf for many of your laundry supplies and it will keep your laundry room looking clean and neat. Make sure the floor stay clear of clutter and clothing. Laundry floors seem to get dirty from all the fabric and dirt that come in, so clean it as often as you can and have laundry baskets in some sort of organized set-up. They have tall slender laundry baskets now that roll around or you can install a cabinet systems where laundry baskets rest and slide out for easy sorting. These can be labeled for each person so they can grab their clothes and put them away. 
KEEP CLEAN EASILY: When laundry detergent drips all over the cap/cup just toss it in with the laundry (non-delicates only). A favorite of mine is this non-trash can solution to lint. Try hanging an apartment style mailbox, or planter beside your dryer. Keep a small trash bag or plastic grocery bag in it and toss the lint into it. An easy and convenient solution for lint. 

?   DID YOU KNOW   ?

Housewarming. The term “housewarming party” comes from the literal tradition that used to occur before electricity. Every time a person built or bought a new home, guests would bring firewood as gifts and light fires in the home's fireplaces. This not only “christened” the house, but was said to ward off evil spirits.
ALL THE CARE FOR CLOTHES: Since this is a dedicated clothing maintenance space make sure it has: a space for all dry cleaning items. A hanging space for your iron and ironing board (try the back of the door, or a fold down one the hide in a cabinet), A small basket for items that need mending or fixing, a small sewing kit for those items as well (it can be kept in the bottom of the basket), a basket for single socks (or a clothesline hung against the wall? 
ENJOY YOUR SPACE: Always remember that in order for you to enjoy going in the room it needs to be nice and bright. Have good lighting and maybe a window if possible. Light colored paint is always a good idea and minimal window treatments to let the sun shine in. 

Cunningham Team Home UNDER CONTRACT

3 Deerborne Dr, Taylors, SC 29687 

Listing Price: $229,000   |   3BR x 3BA   |   1,800 S.F.

( YES, Just Listed and Just Closed. THAT FAST )

Home_for_sale_greenville_real_estate


Cunningham Team Client Testimonial


Lee and his team are excellent at what they do. He was able to sell our house in ONE day with multiple offers. He got us an amazing price and great terms and we are very thankful for him and his team. He was always easily reachable via phone, email, or text. We moved out of state and he did a great job coordinating all the repairs and things we couldn’t do ourselves. We highly recommend him! ~Kelly

HAPPY CLIENTS AT CLOSING with Lee Cunningham

Home_Sellers_Greenville_sc_real_estate

What's SOLD in YOUR neighborhood?

Get active, under contract and sold homes report for the ANY neighborhood. Be better informed about selling prices for properties and your future home.


Cunningham_team_greenville_sc_realtors

instagram_icon             twitter         facebook