Consider This When Buying Real Estate in Charleston’s Historic District

Ever feel nervous about buying a home or moving to a new location, and think “Is this the right move for me?

A quick city-guide or list of property details can give you some insight, but there are doubts. For those moving to Charleston’s Downtown Historic District, there’s a double whammy. First, you have to wonder if downtown Charleston is right for you. Then you have to answer if you should buy a historic real estate property.

Real estate is already filled with too many decisions. To narrow your choices and get you in the right mindset, let’s dive into the questions you should ask yourself before deciding on Charleston, SC.

  1. Should I buy a historic home in Charleston?

Charleston and the outlying suburbs offer plenty of choices for real estate. You can find ranch-style properties, modern living arrangements, houses on the beach, and homes situated within historic districts. All have different pros and cons.

Historic homes in Charleston are typically located on the peninsula, giving you quick access to many workplaces, restaurants, and other entertainment options. The main selling point to historic real estate is the character of the home. No property is the same and each has a layout that has been distinguished by its previous owners (some dating back to the early 1800’s).

Living in a historic home means you get to be a part of something unique. You get a glimpse into the past few are privy to. How cool is that?

Some things you may want to research before buying include:

  • What taxes will you pay? Are there any tax credits (or incentives) from state and local governments?
  • What restrictions are there for renovating historic homes?
  • What kind of costs will you face with maintaining a historic property?
  • Does the location create a setting you want to live in or be away from?

  1. Is downtown Charleston the right location for me?

Downtown Charleston is naturally alluring. You’re connected to almost everything -- entertainment, work, travel spots, and so on. Choosing Charleston means understanding what kind of vibe you want to live among.

Downtown is more energetic and lively than other suburbs like Mount Pleasant or James Island. Restaurants and events are just blocks away. Each weekend is its own adventure. You don’t have to worry about sitting through traffic, since you’re already in the heart of things.

The price for living in downtown Charleston means less space for your dollar. Properties, here, don’t have acre-sized backyards. You’re choosing to live in a traditional, Southern home where you’re close to your neighbor. Other things to consider include knowing your flood zone. Charleston is located in a flood zone and does, occasionally, experience inclement weather. This means paying more for home and flood insurance.

  1. Does the home (or location) have the right amenities?

Depending on your lifestyle, Charleston’s Downtown Historic District may or may not be the right place for you. If you’re someone who wants to be on the beach, surfing every day … downtown Charleston may not be the best option, since you can choose a home on Isle of Palms, Sullivan’s Island, or Folly Beach.

But if you love being in the heart of activity and cherish opportunities to try new things, downtown is a great choice. Before selecting a property, perform a local Google Map search. See what parks, schools, and other venues are nearby. Example: if you’re a sailor, you’ll enjoy the marina just down the road.

Double check what effort it will take to live your lifestyle and see if it’ll be a happy (and easy) one.

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44 Photos 135 S Battery Charleston, SC 29401

135 S Battery
Charleston, SC 29401
South of Broad
Residential

MLS# 20009501 / Active
5 br, 3 ba, 1 Half Bath, 4659 Sqft

Set back from the street under the canopy of a gorgeous live oak, this brick Georgian Revival-style home situated on a double lot radiates classic ... 

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$3,450,000
Provided courtesy of William Means Real Estate, LLC
56 Photos 5 Sires Street Charleston, SC 29403

5 Sires Street
Charleston, SC 29403
Cannonborough-Elliottborough
Residential

MLS# 20009412 / Active
3 br, 3 ba, 1 Half Bath, 2027 Sqft

You can finally have that Historic Charleston home you've always wanted within a very short walking distance to so many places of entertainment and... 

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$625,000
Provided courtesy of BHHS Carolina Sun Real Estate
28 Photos 5 Gadsdenboro Street Charleston, SC 29401

5 Gadsdenboro Street
Charleston, SC 29401
Gadsdenboro
Residential

MLS# 20009293 / Active
2 br, 2 ba, 1259 Sqft

This gorgeous, brand new corner residence at The Gadsden boasts oversized windows overlooking Gadsdenboro Park and the Ravenel Bridge. With one of ... 

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$1,023,000
Provided courtesy of East West Realty, LLC
29 Photos 178 Smith Street Charleston, SC 29403

178 Smith Street
Charleston, SC 29403
Cannonborough-Elliottborough
Residential

MLS# 20009267 / Active
3 br, 2 ba, 1346 Sqft

Come see this beautiful historic home located in the heart of Elliotborough! This recently renovated 1859 Charleston single features 3 spacious bed... 

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$620,000
Provided courtesy of Southern Shores Real Estate Group, LLC
34 Photos 81 Ashley Avenue Charleston, SC 29401

81 Ashley Avenue
Charleston, SC 29401
Harleston Village
Residential

MLS# 20009248 / Active
2 br, 2 ba, 1600 Sqft

Welcome to 81 Ashley Ave! This restored & renovated condominium in the heart of Harleston Village is one block from beautiful Colonial Lake & has y... 

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$499,999
Provided courtesy of Matt O'Neill Real Estate
24 Photos 259 East Bay Street UNIT 8 A Charleston, SC 29401

259 East Bay Street UNIT 8 A
Charleston, SC 29401
Ansonborough
Residential

MLS# 20009053 / Active
1 br, 1 ba, 636 Sqft

Spacious condominium on first floor. Fully updated with tile, hardwoods and carpet. New HVAC split system. Off street parking, security and swimmin... 

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$289,000
Provided courtesy of Carolina One Real Estate
55 Photos 243 Rutledge Avenue Charleston, SC 29403

243 Rutledge Avenue
Charleston, SC 29403
Elliottborough
Residential

MLS# 20008891 / Active
5 br, 3 ba, 3093 Sqft

Rare Bed and Breakfast for sale inside of the crosstown. This house has held a Bed and Breakfast license from the city of Charleston for the last ... 

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$1,300,000
Provided courtesy of AgentOwned Preferred Group
13 Photos 146 Coming Street UNIT B Charleston, SC 29403

146 Coming Street UNIT B
Charleston, SC 29403
West Court
Residential

MLS# 20008800 / Active
2 br, 1 ba, 761 Sqft

2BR 1BA Bottom Floor condo -Great location within easy walking distance of MUSC and C of C and only a few blocks off King St.! Unit includes Privat... 

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$325,000
Provided courtesy of Coldwell Banker Residential Brokerage
9 Photos 230 Rutledge Avenue Charleston, SC 29403

230 Rutledge Avenue
Charleston, SC 29403
Cannonborough-Elliottborough
Residential

MLS# 20008626 / Active
2 br, 1 ba, 1021 Sqft

A chance to be close to everything! This condo conversion offers the ambience of classic Charleston architecture including high ceilings, heart pi... 

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$369,000
Provided courtesy of King and Society Real Estate
15 Photos 201 Rutledge Avenue Charleston, SC 29403

201 Rutledge Avenue
Charleston, SC 29403
Cannonborough-Elliottborough
Residential

MLS# 20008624 / Active
3 br, 2 ba, 1800 Sqft

A very livable home in the most convenient neighborhood. Walk to MUSC and Roper Hospital. Walk to neighborhood eateries. This home was updated in... 

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$745,000
Provided courtesy of King and Society Real Estate
25 Photos 51 S Battery Street UNIT 1/2 Charleston, SC 29401

51 S Battery Street UNIT 1/2
Charleston, SC 29401
South of Broad
Residential

MLS# 20008604 / Active
2 br, 2 ba, 1 Half Bath, 1920 Sqft

Circa 1830's this 1920 sq ft (approx.) home is located in a prime area of the historic Charleston peninsula. Perfectly situated on renowned South B... 

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$1,649,000
Provided courtesy of LISTWITHFREEDOM.COM INC
55 Photos 29 Broad Street UNIT C Charleston, SC 29401

29 Broad Street UNIT C
Charleston, SC 29401
Downtown
Residential

MLS# 20008577 / Active
3 br, 3 ba, 1 Half Bath, 2650 Sqft

As featured in the Post and Courier Located on prestigious and Historic Broad street downtown near the corner of East Bay, this opportunity is for... 

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$2,825,000
Provided courtesy of Robertson Howland Properties
33 Photos 175 Concord Street UNIT 103 Charleston, SC 29401

175 Concord Street UNIT 103
Charleston, SC 29401
French Quarter
Residential

MLS# 20008462 / Active
2 br, 2 ba, 1443 Sqft

Convenient French Quarter location across from The Cooper luxury hotel under construction adding new upscale amenities including a rooftop lounge,... 

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$1,150,000
Provided courtesy of BHHS Carolina Sun Real Estate
32 Photos 58 Gibbes Street Charleston, SC 29401

58 Gibbes Street
Charleston, SC 29401
South of Broad
Residential

MLS# 20008434 / Active
4 br, 4 ba, 1 Half Bath, 2793 Sqft

Copy Link for walkthrough video. https://vimeo.com/404630577 This South of Broad home with 4 Bedrooms and 4 1/2 baths is almost ready for you to c... 

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$1,895,000
Provided courtesy of Robertson Howland Properties
18 Photos 5 Gadsdenboro Street UNIT 306 Charleston, SC 29401

5 Gadsdenboro Street UNIT 306
Charleston, SC 29401
Gadsdenboro
Residential

MLS# 20008533 / Active
1 br, 1 ba, 822 Sqft

If you are looking for a turn-key package in the City voted No. 1 in the US, this third floor condo delivers it all! Wake up with the sunrise on yo... 

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$615,000
Provided courtesy of ERA Wilder Realty Inc
21 Photos 13 Gibbes Street Charleston, SC 29401

13 Gibbes Street
Charleston, SC 29401
South of Broad
Residential

MLS# 20008366 / Active
3 br, 2 ba, 2 Half Bath, 2812 Sqft

Great location tucked away South of Broad with privacy fence surrounding the property. Beautiful open living areas. Spacious family room with gas... 

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$1,950,000
Provided courtesy of Carriage Properties LLC
16 Photos 2 President Place Charleston, SC 29403

2 President Place
Charleston, SC 29403
Cannonborough-Elliottborough
Residential

MLS# 20008334 / Active
4 br, 4 ba, 1750 Sqft

Duplex and vacant lot! This is an excellent opportunity to own an income producing property in downtown Charleston as both units are currently leas... 

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$850,000
Provided courtesy of Keller Williams Realty Charleston
29 Photos 76 Rutledge Avenue Charleston, SC 29401

76 Rutledge Avenue
Charleston, SC 29401
Harleston Village
Residential

MLS# 20008329 / Active Contingent
3 br, 2 ba, 1 Half Bath, 2023 Sqft

1890 Charleston Single in immaculate move-in condition! Has an additional study,playroom,nursery room upstairs. Off street parking for 2 cars. The... 

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$739,900
Provided courtesy of RE/MAX Pro Realty
28 Photos 46-48 Smith Street Charleston, SC 29401

46-48 Smith Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 20008064 / Active
12 br, 6 ba, 3 Half Bath, 12610 Sqft

Excellent development opportunity in Harleston Village. 46-48 Smith Street is a beautiful old property consisting of .59 acres with 5 buildings: a ... 

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$2,800,000
Provided courtesy of Disher Hamrick & Myers Res Inc
38 Photos 1 King Street UNIT 104 Charleston, SC 29401

1 King Street UNIT 104
Charleston, SC 29401
Fort Sumter House
Residential

MLS# 20008157 / Active
1 br, 2 ba, 1063 Sqft

This exquisite Charleston pied-a-terre is an extraordinary residence. It is located in the most prestigious neighborhood South of The Battery with ... 

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$998,500
Provided courtesy of Carriage Properties LLC
23 Photos 192 E Bay Street Charleston, SC 29401

192 E Bay Street
Charleston, SC 29401
Residential

MLS# 20008105 / Active
1 br, 1 ba, 1303 Sqft

This gorgeous condo was gutted by the previous owner and rebuilt from the studs outward. The floors are historical hardwoods as well as the firepla... 

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$819,000
Provided courtesy of Wondracek Realty Group
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Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 04-06-2020 8:01 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2020 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
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