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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81 Bull Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18004410 / Active
1 br, 1 ba, 1025 sqft

If you have been looking for a Pied-a-terre exuding Lowcountry charm and love the look of exposed brick, then you must see this condo. Stunning gr... 

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$575,000
Provided courtesy of Daniel Ravenel Sotheby's International Realty

173 Rutledge Avenue
Charleston, SC 29401
Radcliffeborough
Residential

MLS# 18004411 / Active
4 br, 2 ba, 1158 sqft

Fabulous location! Great rental unit ''next to'' MUSC. Monthly rent is $2,960 and tenants pay utilities. Tenants rights through July 31, 2018. Leas... 

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$439,000
Provided courtesy of Daniel Ravenel Sotheby's International Realty

77 Bull Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18004409 / Active
2 br, 2 ba, 1103 sqft

Looking for a perfect downtown condo with charm to spare? Look no further than 77 Bull Street! Situated in the heart of Harleston Village. Walk o... 

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$725,000
Provided courtesy of Daniel Ravenel Sotheby's International Realty

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004368 / Active
1 br, 1 ba, 822 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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$594,000
Provided courtesy of East West Realty, LLC

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004305 / Active
2 br, 2 ba, 1252 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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$804,000
Provided courtesy of East West Realty, LLC

30 Mary Street
Charleston, SC 29403
Wraggborough
Residential

MLS# 18004152 / Active
2 br, 1 ba, 1224 sqft

Incredible light and outdoor space lure you to this gorgeous renovated condominium in one of Charleston's loveliest historic buildings. From your e... 

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$565,000
Provided courtesy of Dunes Properties

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004147 / Active
2 br, 2 ba, 1259 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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$989,000
Provided courtesy of East West Realty, LLC

278 King Street
Charleston, SC 29401
Historic District
Residential

MLS# 18004323 / Active
2 br, 1 ba, 1 half bath, 1000 sqft

Quintessential Charleston, this renovated 2 bedroom 1.5 bath condo is located in the heart of historic downtown with a world famous King Street add... 

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$525,000
Provided courtesy of Carolina One Real Estate

2 E Elliott Street
Charleston, SC 29401
South Of Broad
Residential

MLS# 18004176 / Active
3 br, 3 ba, 1 half bath, 2093 sqft

Charming Fitzsimons Townhouse on the corner of Concord and East Elliot. Open floor plan and water views from almost every room. Beamed ceilings, ha... 

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$1,739,000
Provided courtesy of Carriage Properties LLC

48 S Battery
Charleston, SC 29401
South Of Broad
Residential

MLS# 18004028 / Active
5 br, 5 ba, 1 half bath, 6001 sqft

Circa 1846. The James Macbeth House is one of the finest examples of Greek Revival architecture in Charleston. The grandeur of this home is unsurp... 

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$4,250,000
Provided courtesy of Handsome Properties, Inc.

182 E Bay Street
Charleston, SC 29401
Residential

MLS# 18004276 / Active
2 br, 2 ba, 1 half bath, 1505 sqft

Stunning 3rd floor unit~ in the Historic Gin Joint Building ~ Newly remodeled, fully furnished~ Incredible location, just steps away from the water... 

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$949,000
Provided courtesy of Keller Williams Realty Charleston West Ashley

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004007 / Active Contingent
1 br, 1 ba, 824 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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$504,000
Provided courtesy of East West Realty, LLC

127 S Battery
Charleston, SC 29401
Residential

MLS# 18004011 / Active
3 br, 4 ba, 1 half bath, 2810 sqft

A perfect place to call home! Stately 1930's offering on one of Charleston's most prestigious addresses. Only a short walk into town, yet removed f... 

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$2,195,000
Provided courtesy of Carriage Properties LLC

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004003 / Active
1 br, 1 ba, 794 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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$424,000
Provided courtesy of East West Realty, LLC

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004006 / Active
3 br, 3 ba, 1683 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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$1,189,000
Provided courtesy of East West Realty, LLC

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004004 / Active
2 br, 2 ba, 1155 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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$989,000
Provided courtesy of East West Realty, LLC

5 Gadsdenboro Street
Charleston, SC 29401
The Gadsden
Residential

MLS# 18004005 / Active
2 br, 2 ba, 1251 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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$799,000
Provided courtesy of East West Realty, LLC

13 Marion Street
Charleston, SC 29403
Downtown
Residential

MLS# 18003955 / Active
5 br, 3 ba, 1644 sqft

Nice downtown House close to MUSC and College of Charleston. Has 3 bedrooms and two baths downstairs and two bedrooms and one bath upstairs. Hardwo... 

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$685,000
Provided courtesy of Carolina One Real Estate

12 Trumbo Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18003901 / Active
3 br, 3 ba, 2104 sqft

Beautiful renovated two story with double porches, two side by side off street parking spaces and a large garden! This home is turn key and shows l... 

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$1,350,000
Provided courtesy of Carolina One Real Estate

17 Bennett Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 18003846 / Active
4 br, 2 ba, 1 half bath, 2063 sqft

Come live in a piece of history! This meticulously maintained home in the heart of Harleston Village is an authentic Sears Kit house, with only 2 o... 

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$995,000
Provided courtesy of Land South of Charleston, LLC

46 Church Street
Charleston, SC 29401
South Of Broad
Residential

MLS# 18003736 / Active
2 br, 2 ba, 1 half bath, 1600 sqft

Sun-filled gem built in the late 1800's sits on a very open corner lot with double porches overlooking a south facing garden and beautifully bricke... 

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$1,435,000
Provided courtesy of William Means Real Estate, LLC
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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 02-19-2018 6:02pm 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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