Consider This When Buying Real Estate in Charleston’s Historic District - Page 180
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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.
- 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?
- 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.
- 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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12 Franklin St
Charleston, SC 29401
Harleston Village
Residential
MLS# 15018353 / Sold
12 Franklin Street is a stately Italianate residence, including an attached kitchen house and separate carriage house. This Category 2 property ...
330 Concord Street UNIT Th 15
Charleston, SC 29401
Dockside
Residential
MLS# 15018237 / Sold
Fully renovated downtown condo with views of Charleston Harbor and the Ravenel bridge. This 1580 sq ft. condo has a great open floor plan. Kitchen ...
256 Ashley Avenue
Charleston, SC 29403
Elliottborough
Residential
MLS# 15018311 / Sold
Classic Charleston single family home with double piazzas built in 1890. This charming home would be great as a permanent residence, second home or...
32 Cannon Street
Charleston, SC 29403
Cannonborough
Residential
MLS# 15018315 / Sold
Great opportunity to be in the exciting Midtown area where Charleston is happening. This late 19th century Charleston Single home has beautiful pi...
7 Longitude Lane
Charleston, SC 29401
South Of Broad
Residential
MLS# 15017867 / Sold
Welcome home to 7 Longitude Lane, a charming two story townhome located on a very private cobblestone street just off East Bay. This truly unique ...
4 Beaufain Street UNIT #203
Charleston, SC 29401
Harleston Village
Residential
MLS# 15017683 / Sold
LOCATION.LOCATION.Fabulous ''loft style'' residence in the heart of Charleston's Historic District and steps away from luxury shopping, art galleri...
36 Nassau Street
Charleston, SC 29403
Eastside
Residential
MLS# 15017428 / Sold
This home is sold strictly ''as is.''
25 Sheppard Street
Charleston, SC 29403
Residential
MLS# 15018952 / Sold
Lowest list price for single family home in downtown Charleston (area 51)! Rehab Opportunity for investor or contractor! Good location! According t...
330 Concord Street UNIT 6h
Charleston, SC 29401
Dockside
Residential
MLS# 15017201 / Sold
Wake up each morning to sweeping views of the Charleston Harbor as you watch the cruise ships roll in from your south-facing private balcony. This ...
10 Sires
Charleston, SC 29403
Elliotborough
Residential
MLS# 15017105 / Sold
Home is a blank canvas that requires complete restoration. Demo work has already been carried out and plans have been submitted and approved by BAR...
70 Ashe Street
Charleston, SC 29403
Elliotborough
Residential
MLS# 15017057 / Sold
Price reduced $25K! Amazing investment property located in the ever changing Elliotborough Subdivision. Incredible $/SqFt!!! You can easily rent be...
114 Rutledge Avenue
Charleston, SC 29401
Harleston Village
Residential
MLS# 15017013 / Sold
National Historic Register Victorian Mansion within walking distance of MUSC, C of C, Colonial Lake, and King Street. Completely renovated in 2012 ...
1 King Street UNIT #303
Charleston, SC 29401
Fort Sumter House
Residential
MLS# 15016856 / Sold
Elegant and completely renovated South of Broad 3rd story condo with breathtaking panoramic views of the Ashley River. Enjoy the sunsets and the Ba...
150 Bee Street UNIT #704
Charleston, SC 29401
Bee Street Lofts
Residential
MLS# 15016914 / Sold
Location, Location, location...Downtown condo in the medical district, close to MUSC, and within walking distance of the College of Charleston, sho...
9-B Bogard Street UNIT #2
Charleston, SC 29403
Cannonborough-Elliotborough
Residential
MLS# 15016901 / Sold
***Excellent investment opportunity- High rent growth location- excellent rental history ***Only 200 yards to King Street in desirable Elliotboroug...
122 Smith Street
Charleston, SC 29403
Radcliffeborough
Residential
MLS# 15016651 / Sold
122 Smith St presents an opportunity to own an elevated Charleston single house as a private residence or as an investment for rental income. Conve...
148 Spring Street UNIT A
Charleston, SC 29403
Cannonborough-Elliotborough
Residential
MLS# 15016570 / Sold
Here's THAT Opportunity! Here's THAT charming Downtown Charleston home! Here's THAT Investment Property! Here's THAT Location. This new listing is ...
59 A Barre Street
Charleston, SC 29401
Harleston Village
Residential
MLS# 15016293 / Sold
Halsey Park is under construction! We are now selling the five 2nd Phase Rowhouses. They will face Barre Street to the East and the HP enclave's c...
59 B Barre Street
Charleston, SC 29401
Harleston Village
Residential
MLS# 15016297 / Sold
Halsey Park is under construction! We are now selling the five 2nd Phase Rowhouses. They will face Barre Street to the East and the HP enclave's c...
59 D Barre Street
Charleston, SC 29401
Harleston Village
Residential
MLS# 15016331 / Sold
Halsey Park is under construction! We are now selling the five 2nd Phase Rowhouses. They will face Barre Street to the East and the HP enclave's ce...
59 C Barre Street
Charleston, SC 29401
Harleston Village
Residential
MLS# 15016332 / Sold
Halsey Park is under construction! We are now selling the five 2nd Phase Rowhouses. They will face Barre Street to the East and the HP enclave's ce...
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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.
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