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Did you know that........
in January 2007, 58 residential properties were sold, the average price was $383,713, the median price was $230,250 and DOM was 201;
in January 2008, 43 residential properties were sold, the average price was $233,302, the median price was $184,000 and DOM was 177;
in January 2009, 41 residential properties were sold, the average price was $338,563, the median price was $198,000 and DOM was 235; and
in January 2010, 43 residential properties were sold, the average price was $234,156, the median price as $195,000 and DOM was 149
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• single story -  MLS® Oyster Cove, Beaufort - Relax and enjoy life! This immaculate patio home awaits you in a waterfront community with amenities (pool, clubhouse) & in walking distance of shopping, restaurants and schools. This three bedroom, two full home offers a large master suite, beautiful beige carpeting in living room and bedrooms, brick-faced wood-burning fireplace and tray ceiling in living room and a convenient galley-style kitchen with electric range/oven, dishwasher, disposal and side-by-side refrigerator/freezer with ice and water dispenser in the door. The dining area opens to the private patio and garden area. Plantation shutters adorn the living area windows. Skylights bring in tremendous natural light to each bathroom. Washer and dryer are located in the attached garage and will convey upon sale. You'll have not lawn maintenance as that is covered in the regime fee of $100 per month. You won't even have to water because there is an irrigation system. Property information
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When staging your home, keep the following tips in mind: Less is more... remove personal photos, clutter, refrigerator magnets, etc. Stage items in groups of three utilizing high, medium and a low level. Space items out in the room; give "room to breath" Paint is the least expensive investment with the highest rate of return. Keep color palette neutral. Hang artwork at the average woman's eye level - centered at about 60" high. Get rid of items that don't serve to update or modernize your home. Improve traffic flow by moving objects to the center of the room. Set the dining table with plates and glasses encouraging buyers to envision cozy dinners there with their loved ones. Add fresh fruit as a decorative touch which provides a friendly, appealing, inviting feel. Use new unlit candles to suggest warmth and relaxation. Suggest leisure with magazines. Use general interest magazines; limit to three. Imply comfort with a casual throw. Soft touches help balance out the space and prevent it from feeling stark and cold. Tie up bathroom towels with raffia or roll them up and place them in a basket. Place an open cookbook next to a bowl of fruit or fresh herbs in the kitchen. This frames the kitchen as the heart of the home. Be aware of odors - pets, smoking, cooking, strong perfume, etc - smells can be offensive to buyers. Let there be light! Add as much light to your home as you can at all times.
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Understanding the Extended Tax Credit |
| First-time homebuyers may be eligible for an $8000 tax credit when they purchase a home. Current homeowners may be eligible for a $6500 tax credit. Place property under contract by 4/30/2010 and close on the property by 6/30/2010. The following information is taken from an IRS communication on their site, www.IRS.gov. For 2009 Home Purchases: The American Recovery and Reinvestment Act of 2009 expanded the first-time homebuyer credit by increasing the credit amount to $8,000 for purchases made in 2009 before Dec. 1. However, the new Worker, Homeownership and Business Assistance Act of 2009 has extended the deadline. Now, taxpayers who have a binding contract to purchase a home before May 1, 2010, are eligible for the credit. Buyers must close on the home before July 1, 2010. [Added Nov. 12, 2009] For home purchased in 2009, the credit does not have to be paid back unless the home ceases to be the taxpayer's main residence within a three-year period following the purchase. First-time homebuyers who purchase a home in 2009 can claim the credit on either a 2008 tax return, due April 15, 2009, or a 2009 tax return, due April 15, 2010. The credit may not be claimed before the closing date. But, if the closing occurs after April 15, 2009, a taxpayer can still claim it on a 2008 tax return by requesting an extension of time to file or by filing an amended return. General Information: Homebuyers who purchased a home in 2008, 2009 or 2010 may be able to take advantage of the first-time homebuyer credit. The credit: - Applies only to homes used as a taxpayer's principal residence.
- Reduces a taxpayer's tax bill or increases his or her refund, dollar for dollar.
- Is fully refundable, meaning the credit will be paid out to eligible taxpayers, even if they owe no tax or the credit is more than the tax owed.
The credit is claimed using Form 5405 which you file with your original or amended tax return. |
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If your dishwasher is over 10 years old, replacing it with a new Energy Star qualified dishwasher will save over $145 a year on the home's utiity bills, according to The Real Estate Professional Magazine. For energy efficiency, insulate to Energy Star recommended levels and air seal as needed. Energy Star's Do-It-Yourself Guide to Sealing and Insulating with Energy Star is a great resource. Visit www.energystar.gov; click on "Home Improvement" then "Air Seal and Insulate". For water efficiency, fix al leaks and add low-flow showerheads and aerators for faucets. If you have to replace a toilet, choose a low-flow model. Learn more at www.epa.gov/ow; click on "What You Can Do". For better indoor air quality, choose paints, finishes, flooring, and carpeting with low or no levels of volatile organic compounds (VOCs). Visit www.epa.gov/iaq/voc.html. When you have an energy efficient home, call attention to it while it's on the market with simple but informative signage on items you want to highlight.
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I am often asked by sellers about which renovations I would recommend them do prior to putting their home on the market. These sellers are seeking to increase their bottom line in the sale of their home by upgrading finishes or even needed maintenance. This is not how it works in actuality. There are two things to consider in deciding to renovate or not: cost of renovations and return on investment. Typically, most renovations will provide less than 100% return on investment. The renovations that provide the highest return on investment are bathroom additions and projects that add square footage to bring a house up to neighborhood norms. Other considerations are how long will you be in the home to enjoy a renovation yourself? If you will be there for 5 to 10 more years and REALLY want granite countertop, then do it and enjoy the countertops. While adding an upgraded finish, such as granite or nicer appliances, will probably increase the sale-ability of your home, it will not generally increase value or sales price. Increasing the sale-ability of your home helps to decrease the time on the market, that's all. Some general advice for homeowners who want to invest in or sell their house:
- Invest in basic upgrades, such as fresh paint (use neutral colors) and new fixtures
- Avoid over-improvement by sticking to what’s standard in your neighborhood
- Add a bathroom, especially if you have less than two bathrooms in your house
- Consider projects that add square footage to bring a house up to – but not beyond – neighborhood norms To ensure that you get the most value out of your home improvement consulting with a REALTOR(R) or Certified Appraiser. When discussing home renovation and remodeling, a professional real estate agent can advise you on how different improvements can influence property value.
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Large fenced yd, 2-car gar & pond view!
• 1,287 sq. ft., 1 bath, 3 bdrm single story "Vintage 1958 Cottage"
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MLS®
$157,500
- Great buy near Parris Is.
Shell Point, Port Royal
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Enjoy! Relax! Recharge! In your large fenced backyard that overlooks a freshwater pond with fountain. Nice fire pit in backyard, too. 160 SF screened porch overlooks backyard and opens to access 2-car detached garage. Perfect for mechanic or wood shop hobbyist. Ceramic tile floor in updated kitchen. Additional faucet at kitchen sink is "insta-hot" type faucet for instant hot beverages like coffee or cocoa. Freshly painted interiors. Freshly powerwashed exteriors. Storage building at carport opposite side of home from garage. Turnkey home; ready to move in!
Property information
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Convenient to Historic Downtown Beaufort
• 1,058 sq. ft., 2 bath, 3 bdrm single story "Open living/split bedroom plan"
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MLS®
$140,000
- Great Buy with NC zoning
Central/Downtown, Beaufort
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Excellent Center of Beaufort location with many options for use. Great for investment or primary residence. Neighborhood Commercial zoning allows use as residence, office, daycare, home occupations, community service, bed and breakfast, long or short term houseing rental and other conditional uses (see attachments for details). This property offers wood floors, vaulted ceilings, kitchen appliances and an outdoor storage shed in the back yard. This property is not located in a special flood hazard area accourding to the City of Beaufort Flood Zone Verification System.
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Gorgeous Tidal Creek Property
• 2,242 sq. ft., 3 bath, 3 bdrm single story "Tidal Creek home"
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MLS®
$434,000
- Great value @ waterfront
Pleasant Point, Ladys Island
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Gorgeous & unique settings for this tidal creek property on large lot with lovely sunset views. At the end of a private entrance, you'll find a very well kept one-story custom-built home with open floor plan, fantastic kitchen with breakfast bar, formal dining room and private sitting room off the foyer. In the huge mastersuite, you'll find a Jacuzzi tub & shower, two single vanities and stained glass. French doors open to 700+ sqft of screened porch and back deck facing the creek & the marsh. Short dock is possible. Privacy is preserved as there is no neighbor on either side. Lovely mature yard is professionally landscaped and irrigated by 6-zone in-ground sprinkler system. Two separate zones for cooling/heating: the bedrooms and the living areas. The mirror in the half bath and the dining room chandelier do not convey. This material is based on informationwhich we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be reliedupon as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.
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Awesome Island Getaway
• 1,200 sq. ft., 2 bath, 3 bdrm manufactured home "Pristine Mobile Home"
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MLS®
$99,999
- Priced to sell!
Hickory Hill, St Helena Island
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Excellent, wonderful, affordable opportunity for "island getaway" ownership ~ even if shared with family or friends! Truly a turnkey situation. Nicely furnished, all appliances convey. Side-by-side refrigerator with ice and water dispenser in door, stove, dishwasher, microwave, washer/dryer & TV. 2007 home with 1200+ square feet on .99 acres. Just minutes from your favorite island pasttime: golf, boating, fishing, beaches, horses or Historic Downtown Beaufort restaurants and shops! Situated on a beautifully treed, pristine site featuring large live oaks draped with Spanish moss.
Flood Zone A 10-13: Lender will require flood insurance for the mobile home.
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Location convenient to everything
• 1,800 sq. ft., 2 bath, 3 bdrm single story "with bonus room over garage"
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MLS®
$220,000
- $122/SF
Tanglewood, Burton
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Solid contemporary style ranch plan in Tanglewood Subdivision near tidal creek waters of Battery Creek. This home features vaulted ceiings, wood burning fireplace and a bonus room over the garage. Heat pump installed 2006, roof installed 2004, carpet installed 7/07. Very well maintained home in a location that is convenient to everything!
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