Consider This When Buying Real Estate in Charleston’s Historic District - Page 4

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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30 Photos 15 Judith Street UNIT B Charleston, SC 29403

15 Judith Street UNIT B
Charleston, SC 29403
Wraggborough
Residential

MLS# 21024591 / Active
3 br, 3 ba, 1879 Sqft

This luxurious and sophisticated condo combines the best of Charleston charm with high ceilings, pocket doors, original heart pine floors with the ... 

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$995,000
Provided courtesy of Maison Real Estate
43 Photos 96 East Bay Street Charleston, SC 29401

96 East Bay Street
Charleston, SC 29401
South of Broad
Residential

MLS# 21024535 / Active Contingent
4 br, 3 ba, 1 Half Bath, 2408 Sqft

Stunning down-to-the-studs renovation of a 2,408 SF, 4BR/3.5 Bath residence with 4-panel Marvin sliding doors that open onto a courtyard garden. A... 

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$1,995,000
Provided courtesy of Carolina One Real Estate
19 Photos 3 Charlotte Street Charleston, SC 29403

3 Charlotte Street
Charleston, SC 29403
Residential

MLS# 21024510 / Active
5 br, 2 ba, 1712 Sqft

Excellent investment property in a great location downtown Charleston. Monthly rental income of $4,000 makes this a great cash-flow opportunity. GB... 

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$875,000
Provided courtesy of Ismail Real Estate LLC
45 Photos 38 Aiken A Street Charleston, SC 29403

38 Aiken A Street
Charleston, SC 29403
Residential

MLS# 21024480 / Active Contingent
3 br, 3 ba, 1350 Sqft

Great opportunity to own a newer built home in Downtown Charleston, This home is located at 38 Aiken Street in a section of Charleston where all th... 

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$515,000
Provided courtesy of BHHS Carolina Sun Real Estate
32 Photos 1 Oliver Court Charleston, SC 29403

1 Oliver Court
Charleston, SC 29403
Cannonborough-Elliottborough
Residential

MLS# 21024418 / Active
2 br, 2 ba, 933 Sqft

Quintessential Charleston home on the charming Oliver Court. This home is centrally located off of Rutledge Avenue close to MUSC, College of Charle... 

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$500,000
Reduced -$15,000
Provided courtesy of Carolina One Real Estate
15 Photos 150 Bee Street UNIT #714 Charleston, SC 29401

150 Bee Street UNIT #714
Charleston, SC 29401
Bee Street Lofts
Residential

MLS# 21024245 / Active
1 br, 1 ba, 806 Sqft

Welcome to Bee Street Lofts! This amazing Downtown Charleston condominium features an open floorplan, concrete floors, exposed ceilings and ductwor... 

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$329,000
Reduced -$10,900
Provided courtesy of Coldwell Banker Realty
36 Photos 4 1/2 Legare Street Charleston, SC 29401

4 1/2 Legare Street
Charleston, SC 29401
South of Broad
Residential

MLS# 21024212 / Active Contingent
2 br, 2 ba, 1680 Sqft

A rare opportunity to own a fully renovated, free standing home (or pied a terre) on South of Broad's most iconic and historic Legare street. Reima... 

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$1,595,000
Provided courtesy of Handsome Properties, Inc.
28 Photos 140 Line Street Charleston, SC 29403

140 Line Street
Charleston, SC 29403
Elliotborough
Residential

MLS# 21024087 / Active Contingent
3 br, 2 ba, 1 Half Bath, 1296 Sqft

Great price and location in the heart of the Charleston Peninsula. 5 blocks to MUSC convenient to many popular restaurants, parks, shopping, and ba... 

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$385,000
Reduced -$14,000
Provided courtesy of Twin Rivers Capital LLC
52 Photos 138 Wentworth Street Charleston, SC 29401

138 Wentworth Street
Charleston, SC 29401
Harleston Village
Residential

MLS# 21024017 / Active Contingent
5 br, 5 ba, 6442 Sqft

A unique opportunity to purchase a piece of storied history. The Kerrison House, later known as Villa De La Fontaine, was built circa 1840 and rest... 

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$2,999,000
Provided courtesy of AgentOwned Charleston Group
22 Photos 150 Bee Street UNIT #317 Charleston, SC 29401

150 Bee Street UNIT #317
Charleston, SC 29401
Bee Street Lofts
Residential

MLS# 21023892 / Active
2 br, 2 ba, 1 Half Bath, 1477 Sqft

MODERN, SOPHISTICATED, LOW MAINTENANCE, CONTEMPORARY, URBAN loft just steps away from MUSC, VA, and Roper Hospitals, the new WestEdge Publix Super ... 

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$529,900
Provided courtesy of The Pulse Charleston
20 Photos 5 Gadsdenboro Street UNIT #404 Charleston, SC 29401

5 Gadsdenboro Street UNIT #404
Charleston, SC 29401
Gadsdenboro
Residential

MLS# 21023897 / Active
1 br, 2 ba, 1142 Sqft

Floor-to-ceiling windows welcome you into this corner unit in The Gadsden, Charleston's luxury condo community situated in the heart of downtown. L... 

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$799,000
Reduced -$41,000
Provided courtesy of Robertson Howland Properties
46 Photos 74 Reid Street Charleston, SC 29403

74 Reid Street
Charleston, SC 29403
Eastside
Residential

MLS# 21023862 / Active
2 br, 2 ba, 3 Half Bath, 2800 Sqft

Tremendous live/work opportunity just off upper Meeting St. Flexible ADA compliant commercial duplex in designated Opportunity Zone, combines busi... 

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$1,350,000
Provided courtesy of Keller Williams Realty Charleston West Ashley
37 Photos 330 Concord Street UNIT Th7 Charleston, SC 29401

330 Concord Street UNIT Th7
Charleston, SC 29401
Dockside
Residential

MLS# 21023698 / Active
3 br, 2 ba, 1 Half Bath, 1937 Sqft

Walk anywhere downtown from this elegant townhome. Part of the vibrant dockside waterfront community there is no one living above or below you. Thi... 

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$825,000
Reduced -$50,000
Provided courtesy of Keller Williams Realty Charleston
20 Photos 14 Lockwood Drive UNIT 11-K Charleston, SC 29401

14 Lockwood Drive UNIT 11-K
Charleston, SC 29401
Ashley House
Residential

MLS# 21023654 / Active
1 br, 1 ba, 773 Sqft

Breathtaking water views of the Ashley River and City Marina from this 11th floor condo in the exclusive Ashley House! Fabulous sunsets, watch the... 

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$339,900
Reduced -$100
Provided courtesy of The Group, LLC
34 Photos
Open House: Today 12:00pm - 2:00pm
32 Wentworth Street Charleston, SC 29401

32 Wentworth Street
Charleston, SC 29401
Ansonborough
Residential

MLS# 21023647 / Active
5 br, 3 ba, 1 Half Bath, 3330 Sqft

The William Thompson house, circa 1843, is situated in centrally located Ansonborough in historic downtown Charleston. Shops, restaurants, theater... 

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$3,065,000
Provided courtesy of The Exchange Company, LLC
50 Photos 5 Cordes Street Charleston, SC 29401

5 Cordes Street
Charleston, SC 29401
French Quarter
Residential

MLS# 21023582 / Active
1 br, 1 ba, 1 Half Bath, 1520 Sqft

Downtown Charleston's highly sought after French Quarter district presents this unbelievable opportunity. Located in an area originally know as ''P... 

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$1,395,000
Provided courtesy of Matt O'Neill Real Estate
39 Photos 6 Shaftsbury Lane Charleston, SC 29401

6 Shaftsbury Lane
Charleston, SC 29401
Harleston Village
Residential

MLS# 21023576 / Active
2 br, 2 ba, 1 Half Bath, 1860 Sqft

Ideally located in Harleston Village, one of the peninsula's most sought-after neighborhoods - welcome to 6 Shaftsbury Lane. An updated 2-BDR home ... 

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$999,700
Provided courtesy of Brand Name Real Estate
34 Photos 22 Limehouse Street Charleston, SC 29401

22 Limehouse Street
Charleston, SC 29401
South of Broad
Residential

MLS# 21023203 / Active
3 br, 1 ba, 1 Half Bath, 2286 Sqft

Grand location on this beautiful, quiet street. Lovely traditional main house along with charming cottage-converted garage that can be used as an o... 

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$1,550,000
Provided courtesy of Carriage Properties LLC
79 Photos 78 East Bay Street Charleston, SC 29401

78 East Bay Street
Charleston, SC 29401
South of Broad
Residential

MLS# 21023198 / Active
4 br, 4 ba, 1 Half Bath, 5204 Sqft

Recently renovated with a two-car garage and Charleston harbor views, 78 East Bay is situated on the prominent corner of Vanderhorst Wharf and righ... 

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$5,195,000
Provided courtesy of William Means Real Estate, LLC
28 Photos 315 King Street UNIT #204 Charleston, SC 29401

315 King Street UNIT #204
Charleston, SC 29401
Downtown
Residential

MLS# 21023196 / Active Contingent
2 br, 2 ba, 1 Half Bath, 1519 Sqft

Like no other loft-style residences in Charleston! Davidson Lofts is an elegant, urban, above-street transformation of one of the city's most notab... 

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$975,000
Provided courtesy of Charleston Real Estate Group
50 Photos 729 E Bay Street Charleston, SC 29403

729 E Bay Street
Charleston, SC 29403
Residential

MLS# 21023192 / Active
8 br, 4 ba, 3 Half Bath, 10021 Sqft

The Josiah Smith Tennent House stands out as a landmark and is a focal point on the gateway to the city of Charleston. Constructed in 1859, this b... 

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$4,600,000
Provided courtesy of Maison Real Estate
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