While we were in Charleston this weekend, we saw a lot of houses that would come with seven- or eight-figure price tags were they to go on the market. It’s fairly common in the Battery area. In fact, I think you’d be hard-pressed to find something under $800,000.
And then we noticed this condemned building. Likely well over a hundred years old, it has certainly had better days.
The siding has completely deteriorated on one side of the structure.
to the point that the wall insulation and in-wall plumbing is visible.
Continuing around the back, I saw the back steps are completely wrecked,
and the entire back corner of the building is completely open to the elements, missing part of the roof and part of the wall.
Had the house been moderately maintained, it would be worth at least a six-figure sum even if it needed extensive renovation. Had it been meticulously maintained, it would likely fetch close to or even a little over a million dollars. But to do that requires resources, requires money — as the truism goes, one must have money to make money. One falls on had times but is still determined to keep a property in the family (only imagining a previous owner’s situation) until is no longer a possibility.
Whatever the story, all that’s left to do is demolish the building.