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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19 Photos 5.5-A Kracke Street Charleston, SC 29403

5.5-A Kracke Street
Charleston, SC 29403
Elliottborough
Residential

MLS# 18026209 / Active
2 br, 1 ba, 860 sqft

Welcome to 5 1/2 - A Kracke Street! This 2-bedroom condo is in a fantastic location walking distance to MUSC, Charleston School of Law, C of C and... 

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$319,000
Provided courtesy of Catalyst Group SC
30 Photos 41 Barre Street Charleston, SC 29401

41 Barre Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18026205 / Active
3 br, 2 ba, 1888 sqft

Exceptional and RARE OPPORTUNITY to own this classic home with the largest lot (.46 acre) on the CHARLESTON PENINSULA! Lovely Harleston Village is ... 

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$900,000
Provided courtesy of Carolina One Real Estate
44 Photos 150 Bee Street Charleston, SC 29401

150 Bee Street
Charleston, SC 29401
Bee Street Lofts
Residential

MLS# 18026202 / Active
1 br, 1 ba, 806 sqft

This gorgeous industrial style loft includes contemporary finishes and opens directly onto the large courtyard offering incredible views of the Ash... 

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$389,000
Provided courtesy of Keller Williams Realty Charleston
31 Photos 8 Sires Street Charleston, SC 29403

8 Sires Street
Charleston, SC 29403
Elliotborough
Residential

MLS# 18026204 / Active
4 br, 2 ba, 1395 sqft

Don't miss your opportunity to preview this attractive Investment Duplex property located in the heart of Elliotborough and within steps of the Kin... 

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$549,000
Provided courtesy of The Boulevard Company, LLC
23 Photos 2 Franklin Street Charleston, SC 29401

2 Franklin Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18026208 / Active
5 br, 4 ba, 3385 sqft

This well maintained 5 bedroom home, circa 1890, is located in the historic district of downtown Charleston just steps from Broad Street and Burbag... 

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$1,725,000
Provided courtesy of Robertson Howland Properties
20 Photos 156 Smith Street Charleston, SC 29403

156 Smith Street
Charleston, SC 29403
Radcliffeborough
Residential

MLS# 18026125 / Active
4 br, 2 ba, 1378 sqft

Ideally located within a five minute walk to MUSC, Charleston School of Law, College of Charleston, and King St, this attractive duplex is such a g... 

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$529,000
Provided courtesy of The Cassina Group
21 Photos 181 Queen Street Charleston, SC 29401

181 Queen Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18025892 / Active
5 br, 3 ba, 1 half bath, 3614 sqft

***INCLUDES BAR APPROVED PLANS FOR 3 UNITS***Own a beautiful piece of history with this grand, Charleston-Single with views of Colonial Lake. Built... 

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$949,000
Provided courtesy of Luxury Simplified Real Estate, INC
64 Photos 174 Broad Street Charleston, SC 29401

174 Broad Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18025884 / Active
4 br, 4 ba, 1 half bath, 2639 sqft

Absolutely gorgeous historical down town home on Broad. Completely renovated 4 bedroom 4.5 bathroom by Cook Bonner Construction. Original hardwoods... 

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$2,400,000
Provided courtesy of AgentOwned Charleston Group
37 Photos 2 Wharfside Street Charleston, SC 29401

2 Wharfside Street
Charleston, SC 29401
Laurens Place
Residential

MLS# 18025856 / Active
3 br, 2 ba, 1 half bath, 2862 sqft

One of only 4 Harbor-front units at Laurens Place. This 3rd floor residence has 180 degree+ views of the harbor, from the Ravenel Bridge to the ful... 

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$2,800,000
Provided courtesy of Daniel Ravenel Sotheby's International Realty
30 Photos 276 Coming Street Charleston, SC 29403

276 Coming Street
Charleston, SC 29403
Elliotborough
Residential

MLS# 18025824 / Active
4 br, 2 ba, 1 half bath, 1867 sqft

INCREDIBLE LOCATION! One block from King Street & walking distance to beautiful, scenic, Hampton Park in downtown Charleston, this historic home ma... 

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$529,000
Reduced -$10,000
Provided courtesy of Matt O'Neill Real Estate
16 Photos 202 Ashley Avenue Charleston, SC 29403

202 Ashley Avenue
Charleston, SC 29403
Residential

MLS# 18025769 / Active
2 br, 1 ba, 637 sqft

Beautiful and well-kept condominium home in prime downtown location! Seconds from MUSC, restaurants and entertainment, and convenient access to maj... 

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$425,000
Provided courtesy of RE/MAX Alliance
49 Photos 21 George Street Charleston, SC 29401

21 George Street
Charleston, SC 29401
George And Society
Residential

MLS# 18025750 / Active
1 br, 1 ba, 934 sqft

Check out this gorgeous downtown Charleston condominium, whether you are looking short term or long term, this is an investment you can't turn down... 

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$669,900
Provided courtesy of The Boulevard Company, LLC
35 Photos 21 George Street Charleston, SC 29401

21 George Street
Charleston, SC 29401
George And Society
Residential

MLS# 18025949 / Active
2 br, 2 ba, 1 half bath, 1306 sqft

THE ASSESSMENT HAS BEEN PAID IN FULL.This is truly what Charleston is made of. Gorgeous top floor unit in the much sought after George and Society... 

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$977,500
Provided courtesy of Carolina One Real Estate
27 Photos 77 King Street Charleston, SC 29401

77 King Street
Charleston, SC 29401
South Of Broad
Residential

MLS# 18025650 / Active
3 br, 3 ba, 2370 sqft

Circa 1747, this gem is ideally located in the heart of Charleston's Historic District. The Captain Francis Baker House property is comprised of tw... 

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$1,595,000
Provided courtesy of William Means Real Estate, LLC
19 Photos 5 Gadsdenboro Street Charleston, SC 29401

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18025621 / Active
2 br, 2 ba, 1272 sqft

Introducing The Gadsden, downtown Charleston's newest luxury condominium community. Situated next to the city's new Gadsdenboro Park, The Gadsden w... 

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$883,000
Provided courtesy of East West Realty, LLC
19 Photos 5 Gadsdenboro Street Charleston, SC 29401

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18025620 / Active
2 br, 2 ba, 1184 sqft

Introducing The Gadsden, downtown Charleston's newest luxury condominium community. Situated next to the city's new Gadsdenboro Park, The Gadsden w... 

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$999,000
Provided courtesy of East West Realty, LLC
29 Photos 73 Pitt Street Charleston, SC 29403

73 Pitt Street
Charleston, SC 29403
Radcliffeborough
Residential

MLS# 18025611 / Active
8 br, 5 ba, 1 half bath, 5144 sqft

The William Waller House, built between 1832-1840 is rich in history. Said to be built by Richard Holloway due to the Palladian window in the front... 

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$1,395,000
Provided courtesy of The Boulevard Company, LLC
19 Photos 15 Judith Street Charleston, SC 29403

15 Judith Street
Charleston, SC 29403
Wraggborough
Residential

MLS# 18025560 / Active
3 br, 3 ba, 1 half bath, 1883 sqft

Built in 2009, this lovely 3 bedroom, 3.5 bath home is move-in ready. Three large, bright bedrooms each have fully updated baths. The 2nd level bed... 

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$735,000
Provided courtesy of Elaine Brabham and Associates
44 Photos 53 Warren Street Charleston, SC 29403

53 Warren Street
Charleston, SC 29403
Radcliffeborough
Residential

MLS# 18025554 / Active
4 br, 2 ba, 1822 sqft

Light & bright Charleston Single House featuring two, 2 bedroom 1 bath, apartments. Includes off street parking, a lovely private courtyard and we... 

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$695,000
Provided courtesy of Carolina One Real Estate
12 Photos 286 Meeting Street Charleston, SC 29401

286 Meeting Street
Charleston, SC 29401
Ansonborough
Residential

MLS# 18025535 / Active
1 br, 1 ba, 985 sqft

286 Meeting Street is the grand brick home known as the Noyer-Wildhagen House. The impressive example of Federal architecture was built in 1807 and... 

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$599,000
Provided courtesy of Disher Hamrick & Myers Res Inc
53 Photos 4 Savage Street Charleston, SC 29401

4 Savage Street
Charleston, SC 29401
South Of Broad
Residential

MLS# 18025530 / Active
5 br, 3 ba, 1 half bath, 2528 sqft

This South of Broad home offers historic features with modern amenities and has been pre-raised on recently re-pointed brick pillars. The granite c... 

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$990,000
Provided courtesy of Keller Williams Realty Charleston
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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 09-24-2018 11:03pm 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 2018 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
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