Sometimes, a property price will just jump up and grab you. During recent research via the Beaufort Multiple Listing Service on behalf of a pair of prospective buyers, we came across a couple of such properties. One is a homesite in Habersham, and the other is a condo on Dataw Island.
The old real estate investor saying is that you make your money when you buy your property, not when you sell.
The Habersham homesite has just been reduced to an eye-popping $23,900. Before the real estate bubble busted, this same homesite was listed for $104,000, and even at that price was the least expensive lot in the neighborhood, by about $40,000 at the time. This homesite sold for more than $60,000 back in 2007.
The Dataw Island condo is listed at $132,000, down from $174,900. This same Dataw condo, which overlooks the golf course, sold for $228,000 just a few years ago.
Both of these properties look like pretty good opportunities.
Both Dataw Island and Habersham are renowned for their amenities. Dataw Island boasts two golf courses, clubhouse, walking trails, community pool, and much more. Habersham features a river front pool, boat launch, community boat dock, more than a dozen community parks, and much more.
Please note that on Dataw Island, you are buying into a country club community, and club membership is mandatory. Consult your Realtor about the dues and fees associated with belonging to Dataw Island.
The two communities straddle Historic Downtown Beaufort, with Habersham being due west of Beaufort, and Dataw being just east of Beaufort.