What to Consider When Buying Real Estate in Charleston’s Downtown 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 Legare Street
Charleston, SC 29401
South Of Broad
Residential

MLS# 18010776 / Active
3 br, 3 ba, 1 half bath, 2454 sqft

Circa 1865. This newly renovated classic Charleston Single House is located on one of the premier streets in Charleston's historic, South of Broad ... 

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$2,110,000
Provided courtesy of Handsome Properties, Inc.

63 Rutledge Avenue
Charleston, SC 29401
Berkeley Court
Residential

MLS# 18010865 / Active
1 br, 1 ba, 517 sqft

Fall in love! Perfect downtown pied a terre! Enjoy your very own PARKING SPOT, right in front of your unit. Host parties in your lush PRIVATE ga... 

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$429,000
Provided courtesy of Brand Name Real Estate

14 Lockwood Drive
Charleston, SC 29401
Ashley House
Residential

MLS# 18010685 / Active
1 br, 1 ba, 705 sqft

Stunning views and convenient living. This tenth floor condo has incredible views of Charleston and the Arthur Ravenel Jr Bridge. Open floor plan, ... 

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$325,000
Provided courtesy of Carolina One Real Estate

26 State Street
Charleston, SC 29401
French Quarter
Residential

MLS# 18010626 / Active
2 br, 2 ba, 1 half bath, 1820 sqft

The bustling Charleston docks were just a block away on ''Bay Street'' when an English ship's captain built himself this two-story home with a thir... 

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$1,895,000
Provided courtesy of Charleston Premier Properties

5 Kirkland Lane
Charleston, SC 29401
Harleston Village
Residential

MLS# 18010820 / Active
4 br, 3 ba, 1 half bath, 1848 sqft

Are you searching for a Modern Day Charleston single Home Slightly North of Broad? Then you don't want to miss 5 Kirkland Ln situated in a highly s... 

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$905,000
Provided courtesy of RE/Max Elite

254 Coming Street
Charleston, SC 29403
Cannonborough-elliottborough
Residential

MLS# 18010499 / Active
4 br, 2 ba, 1989 sqft

This Great Charleston Single Duplex A & B units that have separate Water, Electric & Gas meters and lies within a FEMA ''X'' zone. With a 1 bedroom... 

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$599,000
Provided courtesy of Dunes Properties of Mt. Pleasant

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18010389 / Active Contingent
2 br, 2 ba, 1271 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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$769,000
Provided courtesy of East West Realty, LLC
Open House
Sat April 21st, 12:00pm - 2:00pm
17  Menotti Street Charleston, SC 29401

17 Menotti Street
Charleston, SC 29401
Ansonborough
Residential

MLS# 18010348 / Active
3 br, 2 ba, 1 half bath, 1855 sqft

Newly Renovated Charleston Single in the heart of Ansonborough. Walking distance to Gaillard Auditorium, Marion Square, King Street, Historic Distr... 

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$987,500
Provided courtesy of AgentOwned Preferred Group

46 South Street
Charleston, SC 29403
Residential

MLS# 18010369 / Active
3 br, 1 ba, 1 half bath, 1524 sqft

Three bedrooms, One and half bath home located in beautiful Historic Charleston. This spacious home has a living room, separate dining room, eat in... 

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$545,000
Provided courtesy of Excellence Realty Group

14 Lockwood Drive
Charleston, SC 29401
Ashley House
Residential

MLS# 18010215 / Active
2 br, 2 ba, 1158 sqft

Location, location, location! This is a beautiful 2 bedroom, 2 bath condominium located on the 10th floor of the Ashley House, with breathtaking vi... 

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$374,900
Increase +$27,000
Provided courtesy of Dunes Properties of Chas Inc

1 Chalmers Street
Charleston, SC 29401
French Quarter
Residential

MLS# 18009963 / Active
1 br, 1 ba, 626 sqft

Located in the heart of the French Quarter, this circa 1850 charming condo is not to be missed! From the cobblestone street to the exposed brick w... 

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$499,000
Provided courtesy of William Means Real Estate, LLC

28 Smith Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18009915 / Active
2 br, 2 ba, 1532 sqft

This historic Charleston Single home built in 1880 in downtown Charleston not only exudes low country charm, but its just one block from the gorgeo... 

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$850,000
Provided courtesy of Matt O'Neill Real Estate

52 Aiken Street
Charleston, SC 29403
Eastside
Residential

MLS# 18009902 / Active
4 br, 2 ba, 1626 sqft

GREAT MULTI FAMILY OPPORTUNITY in generous DR2F Zoning District. This large Charleston Single vernacular house close to everything has endless poss... 

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$425,000
Provided courtesy of Keller Williams Realty Charleston

146 S Battery
Charleston, SC 29401
South Of Broad
Residential

MLS# 18010255 / Active
4 br, 3 ba, 3378 sqft

One block from the Battery and the first time on market in 40 years. Wonderful opportunity to make this home your own as single family or back to 2... 

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$1,299,000
Provided courtesy of Belser Thompson Real Estate

5 Bennett Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18009888 / Active
3 br, 2 ba, 1 half bath, 1694 sqft

Beautiful end-unit townhouse located in the heart of Downtown close to both MUSC and Roper Hospitals, and directly across the street from Cannon Pa... 

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$750,000
Provided courtesy of Carolina One Real Estate

65 Vanderhorst Street
Charleston, SC 29403
Radcliffeborough
Residential

MLS# 18009810 / Active
3 br, 2 ba, 1548 sqft

Newly renovated apartment on the highly sought after Vanderhorst street. This apartment is close to everything; MUSC, CofC, King street, you name ... 

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$475,000
Reduced -$20,000
Provided courtesy of Keller Williams Realty Charleston

110 Logan Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18009830 / Active
4 br, 2 ba, 1 half bath, 2690 sqft

This fully renovated, solid masonry, pre-Civil War era home has many of the original details from 1804, such as original heart of pine floors, 4 br... 

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$975,000
Provided courtesy of Carriage Properties LLC

8 B Coming Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18009658 / Active Contingent
3 br, 2 ba, 1344 sqft

8 B Coming Street. Excellent location in the middle of downtown, barely a hundred yards to the College of Charleston and King street. Well designed... 

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$439,900
Provided courtesy of Carolina One Real Estate

179 Wentworth Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18009811 / Active
3 br, 2 ba, 1 half bath, 2254 sqft

Handsome Carolopolis home with soaring ceilings and windows. Beautiful historic detailing throughout. First floor rooms include formal living room,... 

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$1,150,000
Provided courtesy of Carolina One Real Estate

10 Colonial Street
Charleston, SC 29401
South Of Broad
Residential

MLS# 18009585 / Active
4 br, 3 ba, 1 half bath, 3186 sqft

Located in the coveted South of Broad neighborhood, this 1912 Charleston cottage is the perfect downtown home. It is just footsteps from Colonial ... 

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$1,399,000
Reduced -$50,000
Provided courtesy of The Cassina Group

7 E Hampstead Square
Charleston, SC 29403
Eastside
Residential

MLS# 18009607 / Active
3 br, 2 ba, 1 half bath, 1740 sqft

NEW CONSTRUCTION on the peninsula with NO HOA Hampstead Square is a quiet, 1-street neighborhood tucked within the East Side community, close to Ci... 

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$565,000
Provided courtesy of Luxury Simplified Real Estate, INC
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