We nearly have the first week of fall under our belts… are you already missing summer? Maybe a year-long “vacation” home is the answer—enjoy permanent summer living in a coastal town. You’d be surprised at how affordable this option can be for homebuyers! Builder Magazine recently compiled a list of 15 affordable beach towns that provide summer living all year long. They targeted areas where lower land development costs enabled builders to offer more affordable entry-level homes, a rarity in a coastal environment! The study used median new home prices taken from the second quarter of 2016 to see where truly affordable livable and affordable beach towns could be found—those accessible for first-time and entry-level new home buyers. And Charleston/North Charleston ranked 12th on this exclusive list of 15. The median closing price of a new construction home in Charleston/North Charleston was $267,100. Charleston is often recognized for its tourist draw but affordable housing is another reason the Holy City should be on your radar.
Curious what the new home options are for $267,000 and under? You’ll be happy to know that In Charleston County alone, there are ELEVEN new construction neighborhoods with offerings under this price point. Geographically, they span the map from Johns Island, to James Island, to North Charleston, to Mount Pleasant. How does this translate into proximity to a beach? For Johns Island residents, life is scenic along the Stono River and neighborhoods are a short drive away from renowned Kiawah and Seabrook beaches. You can currently find new construction on James Island on the waterfront of Clarks Sound, just minutes from popular Folly Beach. North Charleston is a quick-drive down I-526 to the Isle of Palms. Living in Mt. Pleasant affords easy access to both Isle of Palms and Sullivan’s Island. You really can’t go wrong with any of these options. If you’re just starting your new home search, now’s a great time of year to plan a visit to Charleston to visit these coastal locales and determine which one will best suit your needs. Check out these affordable neighborhoods and be prepared to be impressed with the home and lifestyle that you’ll find waiting.
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Tagged as: Charleston Area Housing Market
Categories: The Guide