News and information about the Charleston, SC real estate market.

Find the best Charleston area for investing If you are living in Charleston, South Carolina and looking to invest some of your hard-earned money into real estate- which areas should you consider, and what might be a good buy?

There are many opinions on what might be the best gameplan.  One certainly has to take into consideration the best areas, the best price ranges to purchase in, and what kind of investment property to purchase.  For this blog post, I'd like to cover a few of the areas surrounding downtown, Charleston. I'm not the 'end all' pro when it comes to investing, but after living here in Charleston practically all of my life- I've seen different areas excel in this Charleston real estate market.

As anyone knows, the three most important factors when choosing real estate is…

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7 King Street Take a look at this prized home on 7 King Street, in the heart of Charleston, South Carolina. This home was built in 1905, but don’t let it’s age fool you- the current owners have undergone extensive renovations to the home, and it shows. Wonderfully appointed rooms and plenty of the modern fixtures and amenities that we love, but fine touches that also tie in with the historic charm that Charleston so tastefully boasts.

This South of Broad location affords the best location one could want. It is in the heart of the residential Historic District downtown, which allows for easy access to shopping on King Street, or walks to Waterfront Park and the Battery- yet in the quiet residential district.

Call us to schedule a personal tour of this fantastic…

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Beachfront Folly Beach Living If you're looking for beachfront property on Folly Beach, look no further than this house. I'd like to preface this by saying that this is not my listing, but I just took a look at it yesterday and it’s quite a fantastic deal. It just came on the market this week. This home exemplifies beachfront living on Folly Beach. First of all, it's on the west end of Folly Beach, which is the quieter, more tranquil location on the barrier island. Second, the house is not a rental, but has been a second home for the current owners.

It’s the perfect size for a couple, or for someone looking for a second home. It's a smaller sized home, and won't break the bank keeping the house in great condition. A lot of times, I’ll see owners purchase the larger beachfront home,…

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The Top 5 Ways to Sell Your Home in Charleston, SC

A very cluttered home5. Be fully ready and committed before you decide to sell. The worst thing you can do is have a house that's not ready. Be it not clean yet, or "We just need to replace the carpets soon", or "We'll do the landscaping early next week"- the house should be in show condition. The most important buyers will be the one's looking first. A new house on the market has an 'excitability' factor to it. People love the newest and freshest. A lot of times, these buyers have looked, know the market, and have seen the current houses on the market. When they see yours, it should be the "finished product". It's probably your most expensive asset, treat it as such!

 

4. Attract buyers emotionally.  However you want…

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Sold at Absolute Auction- on Saturday, June 23rd at 11:00 a.m. 10+ High Waterfront acres (54 total) in 2 Parcels on Sol Legare Road,  Zoned Residential

Absolute Auction in Charleston, SC 

Take a look at this real estate auction in Charleston, near Folly Beach:

Parcel A and Parcel C will be sold separately with Parcel C going on the block first. This property is being sold pursuant to an Order of the Honorable Mikell R. Scarborough, Master in Equity for Charleston County dated April 18, 2012.  At closing, the buyer will receive a master’s deed executed by the Master in Equity.

Parcel C  is approx. 5.78 acres in total with 1.84 acres of high ground. This high ground is in the process of being divided into 3 separate lots, each having approximately (.60 acres) of high ground and it’s…

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Random Thoughts and Statistics for this Charleston Real Estate Market

Here are some statistics for you regarding the different areas surrounding Charleston.  Remember- every market is different, and every market in each area surrounding Charleston is also different.

Random stats from last week:

  • 165 residential properties under contract past wk. Great buying activity for time of year. But prices continue to fall (like the rest of the real estate markets around the country).
  • 136 single family homes under contract past wk. Median LIST price $180k(low), $94/sqft. 25 under $100k. 7 over $1M.
  • 37(27%) of 136 single family homes under contract past wk were either BANK OWNED FORECLOSURES or SHORT SALES
  • 17 island single family homes under contract past wk:…

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Just Sold on the Peninsula, downtown Charleston 1.8 million

Even in the difficult market of 2011, we are still selling houses in Charlestion. This truly is a unique property, and in one of the finer areas on the Charleston Peninsula. I was fortunate to have exceptional clients.

Here is the writeup on the home:

52 Smith Street Circa 1850, 52 Smith Street is enviably located in the heart of Harleston Village on the corner of Smith and Montague Streets. Over the past five years, the interior and exterior of this home have been meticulously renovated and restored offering all of the modern amenities while preserving its traditional style and grace. Natural light fills the grand interiors of the home, accenting the original heart pine floors and beautiful architectural…

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Another Folly Beach Home Sold...

Folly Beach House

 

302 W Ashley on Folly Beach for $410,000.  A super price for our buyer, for being across the street from the ocean.

Classic beach bungalow situated on a corner to corner lot, directly across the street from the Atlantic Ocean.  Ocean views from the large screened in porch, family room, and master bedroom as well.  Across the street is the small park, so there won't be another large beach house stealing the view.

If you are interested in selling your Folly Beach home, or would like to view beachfront Folly Beach homes for sale, please let us know.

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There certainly are some unique and incredible properties in the Charleston, SC area.  We have such a fantastic city rich in history and culture, all while being along the Atlantic Ocean.  I thought this might be quite interesting to show you the most expensive homes that have sold in the Charleston SC area for 2010.  So here they are, the top ten most expensive homes sold in Charleston, SC for the 2010 year.  Which one is your favorite?

 

78 East Bay St#10  78 East Bay St.   This is the only townhouse or condo on our list.  This townhome is located South of Broad on the Charleston Peninsula, downtown.  The home was built circa 1800.  Waterfront views and breezes from the Charleston Harbor.  This townhome was listed at $3,750,000 and sold for 3.3 million.  It had…

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Cruise Ship in Charleston, SCI have seen an increased presence of cruise ships on the Charleston Peninsula lately and wanted to share an article I found in the Post and Courier.  This was written by a local Realtor here in Charleston, and I wanted to share their viewpoint on the matter.

You've all heard the saying, "Change is inevitable; growth is optional".  I know that this increase in cruise ships will help the local economy downtown.  But at what point are we slowly chipping away at the character of the Peninsula?  There seem to be valid arguments from both sides, but I know where I stand on the issue.  Standards and/or regulation is key.

You can view the article here.

 

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