Halloween Edition: Insuring the Upside Down – New ‘Stranger Things’ Airbnb Will Have Extra Risks
Vecna, take note: The Byers’ family home will soon have new occupants.
A home in Fayetteville, Georgia, that was used in the filming of the hit sci-fi horror series?Stranger Things?was recently listed for sale for $300,000. It was then taken off the market just one week later after an?offer was reportedly accepted?for nearly double the asking price. According to reports, the winner of?the bidding war?is an investor who plans to renovate the house into a replica of the fictional Byers’ home and then?offer it up as an Airbnb?— Demogorgon encounters (hopefully) not included.
Built in 1900, the ranch-style home featured in multiple episodes has three bedrooms and two bathrooms and is located on 6 acres, where the buyer is considering adding more?Stranger Things?attractions, such as character Eddie Munson’s trailer, Gizmodo reported. The home, which is expected to need a full renovation, is a “nostalgic focal point of the series” and has attracted fans almost daily for photo-ops, according to?its real estate listing.
“There are so many fans who would love to be part of the show in some way, shape or form,” said Anella N. , Associate Vice President, Regional Practice Group Leader, Personal Insurance,? Burns & Wilcox , Morehead City, North Carolina. “It does not surprise me whatsoever that this home went for way more than asking and there was a bidding war on it.”
领英推荐
An opening date for the eventual Airbnb has not been revealed, and it is unclear whether the buyer’s plans to host a Halloween-week haunted forest or house tour will come to fruition. With fans already flocking to the iconic property, though, the new owner may inherit a variety of risks from the outset. Depending on how the home is ultimately used, key insurance policies could include?Homeowners Insurance,?Builder’s Risk Insurance, Short-Term Rental Insurance, and?Excess Liability Insurance.
Read the full article?here.
Interested in receiving more specialty insurance intel??Sign up here?to receive the latest industry news.?
SVP & Partner; Financial & Professional Services Americas Practice Lead
2 年Interesting all the risks coming with an iconic property. Haven't seen one used as an Airbnb but would be cool to look at the Amityville house or Home Alone - John Hughes movie scene houses.