South Carolina Real Estate - Past and Present Collide
With tons of history and modern development, South Carolina is a
unique state. South Carolina real estate is also unique because
prices are so low.
South Carolina
It would be an understatement to say South Carolina played a
major role in the Civil War. Battles raged across the land and
the state has done much to preserve the history. While
maintaining this history, South Carolina has also looked to the
future. The state is the home of top notch resorts, golf courses
by the billions and pristine beaches.
Charleston
Located on the Atlantic Ocean, Charleston is a city with a ton
of history. Arguably, the Civil War started in Charleston via
Fort Sumter, which is located in the harbor. A major shipping
port during those times, the city is now one of the most
attractive in the United States. The architectural style is
definitely old south, but with a mix of influences. Certain
areas of the town feel like New Orleans with garden areas and
hanging patios. Other areas have a distinct Caribbean feel and
yet others are stereotypical old south manner homes. Charleston
is definitely a hot spot if you are considering living the
South.
Myrtle Beach
Myrtle Beach is a take it or leave it place. The beaches are
beautiful, but the area is severely over-commercialized. The
area is family friendly most of the year, but the beach has
become a hot spot for college students during spring break. If
you don't mind the ruckus, Myrtle Beach should be considered as
a relocation spot because you will not find cheaper beach real
estate prices anywhere.
South Carolina Real Estate
Considering the great location, South Carolina real estate is
cheap, cheap, and cheap. Single-family homes average under
$200,000 throughout the state with the exception of Charleston
and the luxury resorts. A home in Charleston will average
$300,000 while property in the resort areas varies wildly.
Appreciation rates for South Carolina are neither great nor
terrible. For 2005, property has appreciated at an average of
eight percent, but varies by location.