Sometimes, seeing is believing. We preach constantly that these are historic times to buy real estate in Beaufort, SC -- Prices have come down substantially the past few years, and interest rates are very low. But, from time to time, we need a few eye-openers as to the kind of authentic opportunities which exist in today's real estate market.
**On March 20, a waterfront home with a deep-water dock sold in Wright's Point Plantation for $475,000. I ave no doubts this home would have sold in the $1 million range a few years ago. To help put things in perspective for you real estate enthusiasts, consider that a smaller home with zero water-frontage, sold on March 10 in Wright’s Point sold for $416,000. And this non-waterfront home had originally been listed at $750,000.**A really nicely refurbished waterfront home in Burton, very convenient to downtown Beaufort, sold for just over $105,000 on March 17. Just a few years ago, this same home sold for $245,000.
**A single-bedroom condo home in Mossy Oaks sold for $19,500 in January. That might make a really nice weekend getaway for someone, don't you think?
**And, on Dataw Island, one of the best country club communities in South Carolina, a lot sold in February for $3,900. Dataw Island has been the site of some phenomenal opportunities in recent months. Late last year, there were two homesites sold on Dataw for $6,000 apiece. Who would've thought?
For more information on some of the incredible opportunities currently available in the Beaufort, SC area, and the surrounding Lowcountry, please don't hesitate to let us know.