2024 marked a year of stabilization and recalibration for Charleston’s real estate market. We witnessed a cooling from the pandemic-driven frenzy, with sales volumes finding a new equilibrium and inventory gradually recovering.
Most of the built environment in the Lowcountry was designed for tropical events – Charleston is wonderful, and it’s also subtropical.
When considering your home purchase in South Carolina, it’s essential to familiarize yourself with the structure of the state’s property taxes. The Palmetto State is known for its generally favorable property tax policies, particularly in regards to owner-occupied residences.
Updated flood zone maps for Charleston County will take effect in January 20211. The maps are based on more accurate data and methods that reflect the flood risks from storm surge, rainfall, and tidal forces2. The maps will impact homeowners and insurance rates, with some properties seeing lower rates and others seeing higher rates.
While we can make a weekend DIY project of shoring up minor problems in our homes to lower heating costs, the science of the whole house approach is doing it the right way from the start. It begins with a home performance assessment that is customized for every home, and the solutions that emerge make for a more comfortable, healthy, energy efficient home whose retrofit will ultimately pay for itself.
