March 2009

There are 13 blog entries for March 2009.

Cottage Farm Open Houses

Tues., March 31 (11:30-1:30)

~ Barbecue Lunch, Homebaked Desserts, $25 Dollar Cash Drawing ~

 

bbq_549 poundcake_420 money_600   These open houses are held for local Beaufort SC realtors, but the public is absolutely welcome to come see one of our homes.  Evereyone is also welcome to come have lunch and dessert.  The drawing will be for us realtors only.
 

- Start by coming to 348 Cottage Farm Dr. for tasty Jim n' Nicks BBQ, baked beans, cole slaw and cheesey biscuits.  Offered by Todd Covington of ERA Evergreen Real Estate and us here at Lowcountry Properties.

 

- Next, drop by 204 Cottage Farm Dr. for delicious homemade Pound Cake, cream cheese brownies, and chocolate chip cookies.  Offered by Mary Jones of Real

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In a somewhat surprising move the Beaufort Country will be reassessing property values in 2009.  The county assessor, Ed Hughes, who just last month said it might be beneficial to the county to postpone reassessment, has changed course again.  On Monday, March 23rd Hughes told the Finance Committee that his team had made such preparations for the reassessment this year, that waiting until next year wouldn't make sense.  With council members is agreement, it looks as sc_beaufort01_400though it will go through as planned.

I'd say more than a little shocking.  Sure, the scheduled 5 year reassessment time is 2009 but the government has the option to put it off one year.  Hughes and the Beaufort County Council are well aware that the SC Association of Realtors and many South

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59ew7926_800 For those with a little spare time this Sunday, please join me at 348 Cottage Farm forr a public open house.  Lowcountry Properties will sponsor this event on Sunday, March 29th 2009  (1:00 - 5:00 pm). 

I would love to have as many visitors as possible.  348 Cottage Farm Dr. is one of Cottage Farm's prettiest homes.  Whether you are in the market to buy a home or just want to explore all the beautiful features this house has to offer, come out and see me.  The owners are extremely motivated.

Directions:  Coming from Port Royal, take Ribaut Rd. until right before Beaufort Memorial Hospital where you will take a left on Allison Rd.  Cross the railroad tracks and take your next left on Cottage Farm Dr..  Home is 1/2 mile on left.

For a map, click here.

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The secret is out!  In 2008, Beaufort, South Carolina was voted Best Small Town by Southern Living Magazine.  Surrounded by water, Beaufort is located on the east coast between Charleston, South Carolina and Savannah, Georgia.  Beaufort has much of the charm of these two cities:  marshes, rivers, mossy oaks, and lots of history.  Beaufort has been said to be a miniature Charleston. 

Beaufortonians live a laid back lifestyle.  Most homes here have large porches which encourage residents to sit outside, enjoy the day, and talk to neighbors.  In addition, many of the premier neighborhoods promote a community feel with common green space, neighborhood docks, pools, and tennis courts.  People in Beaufort are friendly, exuding southern hospitality.  With all

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beaufort_sc_waterfront_park_550Lady's Island South Carolina has seen a huge decline in new home construction in the past 4 years.  In one of the best real estate years in history, 2004, Lady's island had 204 building permits issued in 2004.  In 2008 only 52 single family residential building permits were issued which comes to a 75% decline.  

These numbers are no big surprise as exsisting home have had trouble selling.  Current homes have seen a 7% decrease in price since 2006.  While those numbers seem bleek, the National Association of Realtors reported on Tuesday that Febuary homes sales took an uexpected jump of 5.1%.  The rise was attributed to forclosure and distressed sales.  Even so, this means exsisting homes are slowly being bought up.

I know a lot of the local builder and

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beaufort_sc_deep_water_property_400 Like many of you, my dream is to buy a pretty piece of land on deep water property and build my dream home.  Unlike many places along the South Carolina coast, Beaufort still offers affordable waterfront property for the not so rich.  Of course we have multi-million dollar properties here but we also have a bunch of lots that you need not be "The Donald" to purchase.  Today I did a little research on what's on the active in market, has sold, and how many are currently under contact.

Wow is an understatement.  I was shocked to see the results of my search.  Not a single one has sold this year and only 2 are under contract.  I have noticed prices dropping and the fact that only 2 in an area this large are under contact, tells me that prices aren't low

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59ew7926_800Today I just wanted to give everyone a quick market snapshot.  First, we have a chart on the total Beaufort SC MLS Stats for 2009.  Currently, there have been 114 total residential sales in the area.  One important thing I notice is the "Days on Market".  For a long time that number was over 200 days.  This year, every months reports days on the market to be under that threshold which is good news.  While stats are great to look at, being in the market place also gives me a feels as to what's happening out there.  I can tell you without reservation, that buyers are on the move.  In no way do I expect 2009 to be a banner year but I do expect things to be much better that 2008.  Many parts of the country are reporting increased sales.   

Yes, I still

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59ew7926_800If you are looking to purchase a home in the waterfront community of Cottage Farm in Beaufort SC, I have great news.  One of the nicer homes in the entire neighborhood, 348 Cottage Farm Dr. was just listed in the Beaufort SC MLS TODAY.  What caught my attention was how pretty the home is and especially the PRICE.  Comparatively speaking, this home is priced much better than similarly priced homes in the area.  Not to mention it's drop dead gorgeous!!!

Looking over some of the details, I couldn't believe all the features of the home and that it has a complete Mother-in-Law suite/apartment on the ground floor.  This looks like a wonderful home for a family.

Here is a list of some the great details to 348 Cottage Farm Dr.:

  • 3075 Overall Square Footage
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I have great news for those looking to buy a home in Cat Island in Beaufort SC.  11 Governor's Trace has been reduced to $524,999. My original blog for this home saw the most hits ever, and I hear the house is starting to get showings, as the home buying season moves into high gear.  If considering purchasing a home on Cat Island SC, I highly suggest you check this one out.  And no, I'm not the listing agent.  It's just a great house and my personal favorite in the Olde Tabby Park section of the area.  

Here is a quick summary of 11 Governor's Trace:

  • 3036 square foot
  • 5 bedrooms
  • 5 BATHROOMS
  • hard wood floors throughout
  • Lowcountry Style home summary
  • Overlooks the golf course and lagoon
  • Built in 2005 (Looks like NEW)
  • 2 Car Detached Garage with
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 When I started working on this website back in April of 2008 the goal was simple...become the top real estate website in Beaufort South Carolina.  With 87% of home owners now starting their home search on the internet, I knew the web was the way to go.  If I could get there not only would I benefit from buyer leads, the sellers who trusted me with the selling of their home, would gain unprecedented exposure never seen in this area.

So is a little bit of bragging?  Absolutely.  I have spent day and night for months on this computer, trying to make this site the best it can be.  Now, when I walk into a listing presentation, I have no trouble saying that their home will receive the highest exposure possible in the Beaufort real estate market.  I want to be

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