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.
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The siding has completely deteriorated on one side of the structure.
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to the point that the wall insulation and in-wall plumbing is visible.
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Continuing around the back, I saw the back steps are completely wrecked,
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and the entire back corner of the building is completely open to the elements, missing part of the roof and part of the wall.
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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.
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