http://www.articletrader.com/ Articles at ArticleTrader en-us http://www.articletrader.com/finance/real-estate/greenvilles-trails-and-greenway-plans-can-only-help-the-community.html http://www.articletrader.com/finance/real-estate/greenvilles-trails-and-greenway-plans-can-only-help-the-community.html Fri, 02 Nov 2007 00:00:00 -0500
The development of greenways in Greenville will create benefits to all residents. Numerous studies have shown greenways provide increased property values for homes located on, adjacent to or near greenways. In a 2002 study by the National Association of Realtors (NAR), trails ranked as the second most important community amenity out of a list of 18 options. The study also found that ‘Trail Availability’ outranked 16 other choices including access to shopping or business centers as desirable aspects of a home or neighborhood. The greenways and trail systems generates economic activity in many ways. Property values in the community increase in study after study by Trust for Public Land’s Economic Benefits of Parks and Open Space and Rails-to-Trails Conservancy’s Economic Benefits of Trails and Greenways . The greenways and trails also increase economic activity through creating business opportunities for recreational rentals, services, historic preservation, restaurants, lodging, shuttle buses/guided tours & more.

The new trail systems will be come from funds generated from the Tourism, Recreation, and Athletics Coalition’s (TRAC) restaurant tax. The funds are already getting put into action. For 2008, $4 million goes to Camp Spearhead, $3 million to MESA Soccer Complex, $6 million to water parks-Lakeside and Northside, $2 million to the “Swamp Rabbit” trail, and $4.5 million to Berea / Travelers Rest sports complexes. The funds come from a 2% tax on the 1900 restaurants outside the city limits.

The trail system and future plans to expand and maintain it is a positive move while increasing property values and Greenville’s economic vibrancy.

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Real estate agent in Simpsonville, Greenville, Greer, Easley, Travelers Rest and other parts of Greenville County.

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/real-estate/south-carolina-real-estate-tax-changes.html http://www.articletrader.com/finance/real-estate/south-carolina-real-estate-tax-changes.html Fri, 28 Sep 2007 00:00:00 -0500
Property tax reform was a highly public issue that received a great deal of attention from legislators, as no-tax advocates convened daily at the State House and turned supporters out at rallies, hearings, and committee meetings. Many differing versions of property tax reform were drafted and considered, including a proposal that would fund property tax reform through an $18 per $1000 of property value increase in the real estate transfer fee and another that would double the current fee. The new law represents a compromise between House and Senate proposals and does not include any increase in taxes and fees on real property transfers.

Specifically, the new property tax law:

eliminates the school operating portion of property taxes on primary residences and replaces them with a one-cent statewide sales tax; decreases sales tax on groceries to three percent; includes a provision addressing school funding inequities; money left over after that goes towards reducing county operating expenses; changes the method of reassessment on all classes of property and caps increases in taxable value to 15% over a 5-year period; reverts to point of sale reassessment on all real property transfers; established tax free holidays for the two days following Thanksgiving of 2006; closes the alternative financing loophole that local governments use to circumvent the constitutionally mandated eight percent debt limit; is tied to spending and millage caps on all levels of government; and allows voters of any county to further reduce property taxes on all classes of property through passage of an additional sales tax referendum.
To read the new laws, please click here.

Courtesy of Cashion Didier of the South Carolina Association of Realtors.

Sources: Greenville News, Greenville Journal, GSA Business

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Simpsonville Real Estate Agent - Mechelle Cunningham

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/real-estate/dale-earnhardt-industries-and-clemson-university.html http://www.articletrader.com/finance/real-estate/dale-earnhardt-industries-and-clemson-university.html Tue, 04 Sep 2007 00:00:00 -0500
An Atlanta developer plans an upscale apartment complex in the dynamic Greer market at the corner of South Suber and Chick Springs Roads. The plans call for 240 units in ten, three-story buildings that would rent between $750 and $1200. Amenities include pool, clubhouse with exercise room, cyber café, coffee bar, big screen TVs, and garages.

The downtown Greenville sewer project that has been disrupting traffic near Spring and Broad Streets will hopefully wrap up by the end of October. It is part of a $44 million upgrade to the aging sewer system in the wake of several spills into public and private areas. Most of the work revolves around replacing the catch basins where multiple lines come together. The city is doing $2 million in preventative maintenance as well, and has made enough progress over the last few years that it has been removed from the EPA’s list of violators.

An $80 million sports and entertainment complex has been announced that will be located at Mauldin Road and Fairforest Way in Greenville. The 120 acre site will house fitness, basketball, and aquatic centers plus 26 retail shops and a 3,500 seat concert hall. The Nolie Johnson Jr. Sports and Entertainment Complex is scheduled to be completed in the fall of 2008 and will provide a unique product for the Southeast.

Sources: Greenville News, Greenville Journal, GSA Business


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Real estate in Simpsonville, Greenville, Greer, Easley, Travelers Rest and other parts of Greenville County. Search the MLS, get home buying/selling tips, and more.

http://www.greenvillescrealestate.net/

Source: http://www.articletrader.com ]]> http://www.articletrader.com/finance/real-estate/simpsonville-community-info.html http://www.articletrader.com/finance/real-estate/simpsonville-community-info.html Mon, 30 Jul 2007 00:00:00 -0500
The one-year old Greenville Drive baseball stadium downtown continues to generate opportunities for the area and prove to be a valuable asset. The Southern Atlantic League announced that the 2010 All-Star game will be held at the West End Field. The NCAA Southern Conference also plans to hold its conference tournament here in 2009. This year's SAL All-Star game in Rome, GA and the Southern Conference tourney in Charleston attracted 4,333 and 31,000 fans respectively. For 2006, the West End field was named Ballpark of the Year by Baseballparks.com and drew a record 330,126 fans to ballpark.

Greenville-Spartanburg International Airport is seeking a federal grant that will help to lure a low-cost carrier back to the market. The $800,000 grant and a matching $200,000 would be used as insurance by a carrier that failed to meet their quotas. GSP is seeking airlines such as Denver's Frontier that would give access to the West Coast with economy fares. Airport officials estimate that they lose 35% of traffic to other airports with pricing discounts. Elsewhere in aviation news, you may see an upgrade of regional jets to include small business and first class sections in an attempt to lure business travelers that are tired of cramped 50-seat jets. All the airlines flying out of GSP except for Allegiant Air utilize smaller, regional jets.

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Mechelle is responsible for managing the office systems and creating advertising campaigns. Mechelles extensive business experience assures that our service will always meet with consistent and exacting standards.

Source: http://www.articletrader.com ]]>