All Blog Entries by Todd Covington

For anyone looking to purchase on Cat Island, please take a look at newly listed 15 E. National Blvd.  It was just listed this week and is one of our favorite homes on the island.  Excellent condition, great layout, central location, and motivated sellers.  Below is the agent's description:

Located on desirable Cat Island, this home is open, bright and has many great features. Offering plenty of porch space, enjoy the water views from the back of the home, looking over the Sanctuary Golf Course. The 1st floor offers an open layout w/ two dining areas, a bright kitchen, and spacious Master Suite. There is also a home office and spacious mudroom/laundry area. The 2nd floor has guest rooms connected by a great bathroom, featuring two private sink/toilet

Rare opportunity as there are only two of these townhomes w/i community. High end finishes throughout, w/ separate office space on ground level and attached garage. Home also has elevator, beautiful French doors opening out onto balconies overlooking park like setting and Town Center. Habersham is a national award winning waterfront community that offers outstanding amenities including community pool, dock, boat and rv storage, tennis facilities, numerous parks, walking and fitness trails, Park house, community events, and Town Center that offers fabulous restaurants, shops, small businesses and more! Only 9 miles to historic downtown Beaufort, and conveniently located between Charleston, Hilton Head and Savannah.  Offered at $429,000.

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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

Every aspect of this stunning Habersham home will inspire you. The striking colors, both interior and exterior, create a welcoming charm which beautifully fits into this award-winning neighborhood. Designed by renowned architect Eric Moser, this two-story home, and its almost 3000 sf living space, is elegant and warm. The heart of pine wood flooring flows throughout the home. Specialty tiles in both the kitchen and bathrooms accentuate the home. High ceilings help create a comfortable air of roominess. Built in 2007, 29 Mount Grace in Habersham features 4 bedrooms, 3.5 baths, and 2946 sq/ft of living space, including the guest cottage over the garage. The first floor is welcoming, with an open staircase to the second floor. The master bedroom is on the

If you're familiar with the writings of Beaufort, SC native son Pat Conroy, then you are familiar with the the water-born landscape of novels like The Prince of Tides, Beach Music, and The Great Santini.

It's not uncommon for Beaufort Realtors  to receive inquiries from prospective buyers looking for a place to set up a weekend getaway. Water is a way of life in Beaufort, a county of more than 90 inhabited islands. If you've ever been swept up by the kind of property which provides the landscape for Conroy's novels, then you may want more information regarding 100 Vineyard Point (MLS # 129025), a new listing which is about 25 minutes from downtown Beaufort, SC.

This bucolic homesite has a tidal creek flowing through the back yard, and, offered at

For a Realtor, there are few things as satisfying as a golf cart ride through one of Beaufort, SC's thriving new community, on a cool December evening, just before the sun dips below the horizon.

I had a blast showing property the other night at Somerset Point, a terrific neighborhood along the Coosaw River. Somerset Point has been one of 2011's true real estate success stories in Beaufort. According to statistics provided via the Beaufort Multiple Listing Service, there have been 17 homes which have either sold, or gone "under contract," since Jan. 1 of this year. Demand has been so great for homes in the neighborhood that the development team is adding additional inventory of "spec" homes, so that buyers will be able to move into their new homes

We are seeing more and more properties in the Beaufort and Lowcountry area that have that wow factor. A home or homesite possesses the wow factor when it is listed -- or sells for -- a price which you just wouldn't have imagined a few years ago.

For instance, earlier this week, a 3000-plus square foot tidal creek home on Lady's Island, one of Beaufort's best residential areas, went under contract for less than $525,000. Just a short while ago, this Pleasant Point home would have been likely listed in the mid-$700,000-range. And it is very easy to envision this home valued in that same price range when the market strengthens again. And, friends, bear in mind that $525,000 was merely the asking price. At that price, it already had the wow factor, but who

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

I received an email out today regarding a very large price reduction on a condo in Port Royal, about 5 minutes from downtown Beaufort.

This 2 bedroom, 2 bathroom condo, originally, priced at $139,000, was reduced yesterday to $70,000.  This condo home has almost 1200 square feet of living space. This condo has been smartly updated, including new flooring and new stainless steel appliances.

It's the sign of the times for condos. A few years ago, this kind of property would have sold in the $140,000 range.

Beaufort has never experienced the kind of condo mania which went a long way towards killing the Florida real estate market. There, buyers were trying to simultaneously buy and sell a condo, and make $100,000 or so in the process.

The Port Royal

Anyone who has ever spent time in Beaufort and the Lowcountry in the summer knows it gets hot and humid. A small price for living in paradise.

So, if you are thinking about relocating to the Beaufort area, why not think about a neighborhood with a pool? In recent years, more developers have been opting to add a community pool.

On our list, we just including pools which are automatically accessible to property owners and residents of a community, with no separate membership required.  

For instance, both Cat Island and Royal Pines have pools within the confines of the community, but memberships are required to both. Likewise, Fripp Island had more than a dozen pools, but membership is required.

The king of all neighborhood pools in Beaufort, in my