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Old 09-09-2007, 12:04 PM
 
4 posts, read 123,994 times
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Hi
We are thinking about moving to the Charleston area. Primary question is location, location, location. Which top five areas/towns are considered to be the "best places to live"? We don't want to live downtown. Our primary concern is resale value.
Thank you for your help!!
nbb

Last edited by nueyfromsc; 09-09-2007 at 12:32 PM.. Reason: not enough clarification
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Old 09-09-2007, 12:29 PM
 
Location: Charleston, SC
2,514 posts, read 4,987,325 times
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There are a lot of factors that would go into that. As far as popularity, Mount Pleasant, Daniel Island, Summerville, West Ashley, James/Johns Island. If you're looking for proximity to the beaches, then Isle of Palms, Sullivan's Island, Folly Beach, Edisto, etc.

It would depend on what specifically, you're looking for. One person's "best" might not suit someone else at all.
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Old 09-09-2007, 12:34 PM
 
4 posts, read 123,994 times
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Default Thank you DJS

Thanks for the quick reply. I edited my post because our primary concern is resale value and I forgot to mention it.
nueyfromsc
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Old 09-09-2007, 12:45 PM
 
Location: Charleston, SC
2,514 posts, read 4,987,325 times
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Resale value is never a guarantee. I don't know anyone who can predict the future, but all of the above areas should serve you well. Charleston home values have survived better than most areas of the country and were typically appreciating at a rate greater (and more steadily) than the majority of the country.

Historically, i.e. from 1997-2006, the top performers have been :


SULLIVAN'S ISLAND, ISLE OF
PALMS & WILD DUNES
Median Sales Price
$ 266,250 -> $ 990,000 272%

FOLLY BEACH
Median Sales Price $ 153,000 -> $ 600,000 292%

KIAWAH & SEABROOK
Median Sales Price $ 155,000 ->$ 575,000 271%

DANIEL ISLAND
Median Sales Price $ 191,547 ->$ 569,000 166%

JOHNS ISLAND
Median Sales Price $ 97,000 ->$ 236,692 144%

CHARLESTON PENINSULA
Median Sales Price $ 200,000 ->$ 451,925 126%

Again, this is past performance based on median sales price. It's not an indicator of future performance or any guarantee of appreciation whatsoever.
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Old 09-09-2007, 05:05 PM
 
Location: SC
8,569 posts, read 8,769,947 times
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Wow! I wonder why the numbers for Folly Beach are higher than Sullivan's Island and Kiawah Island? I'm also surprised to see the appreciation rate so low for the Penninsula. I would think that area would have been the highest
considering the limited amount of space there.
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Old 09-10-2007, 08:11 AM
 
Location: Charleston, SC
2,514 posts, read 4,987,325 times
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The peninsula covers a great many price ranges. Areas north of hwy 17 and east towards the cooper river have had lower median sales prices typically, and have only recently seen a surge in renovations/resales. There is a MUCH wider range of home sizes, ages, values, prices, etc., on the peninsula than on Folly, Sullivan's and Kiawah, however.
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Old 06-19-2009, 04:02 PM
 
58 posts, read 167,325 times
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Default old

you do realize how old this post is. but! i'll + you for jumping in and giving the effort....

Quote:
Originally Posted by waterway View Post
If you can afford downtown Charleston then that is your best bet... Homes hold there value and can be rented fairly easily. Good luck!
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Old 06-19-2009, 06:46 PM
 
Location: East of I 95, NC
634 posts, read 869,328 times
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Default News shock..

Wow.. you're right Mcevoy.. this was posted during the prime time of the real estate boom. Reminds me of the stock market scenerio at that time.

Two years later.. values are much, much different in 2009 vs 2007. But many of those who bought "high" are trying their best to hold onto those 2007 prices in a stagnant market.

As DJ said:

Quote:
Resale value is never a guarantee. I don't know anyone who can predict the future... (good point)

Charleston home values have survived better than most areas of the country and were typically appreciating at a rate greater (and more steadily) than the majority of the country.
Well, that was then, and this is now.
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Old 12-21-2010, 01:10 PM
 
1 posts, read 45,617 times
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we are thinking about locating to Charleston- what are the best schools- need high school and jr and elem. Willing to go private school if they are better.
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Old 12-21-2010, 01:27 PM
 
Location: Summerville
7,934 posts, read 9,512,535 times
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Private schools are better thant the government schools, Dorchester District 2 has the better overall schools, Mt P are the best in Charleston County with West Ashley running a close second.

I personally recommend Pinewood Prep. for nonchristian private school, and Northwoods Academy for Christian.....
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