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…