Sluggish Economy Making for Plenty of Great Beaufort Deals

Once in a while, it's nice to just take a moment, and reflect on some of the incredible opportunities that buyers have been able to take advantage of in our charming Beaufort, SC real estate market. We in the real estate biz have been harping and preaching about "opportunity" for a couple of years now.

1) Take the folks who recently purchased a deep-water homesite, in a darn nice neighborhood, for $230,000, about 53 percent less than the $480,000 the previous owners paid for this deep-water property in 2006. That's opportunity!  This homesite is located on Lady's Island, and will provide years and years of enjoyment to these folks, who hale from the Midwest. They came south to Beaufort, SC, looking to "steal" a piece of waterfront property, and that is exactly what they did.

2) Some other fortunate buyers purchased a foreclosure condo in Beaufort's Historic Old Point district recently for $204,000. This condo is right in the heart of downtown Beaufort, and quite literally a 2-minute walk (about a block and a half) to the shops and restaurants of Bay Street. This low-maintenance condo sold for $355,000 just a few years ago.

3) Another buyer purchased a beautiful deep-water foreclosure home for $475,000, in Wright's Point, one of Beaufort's premier deep-water communities. This stunning home, with a dock in place, would likely have fetched in excess of $900,000 just a few years ago.

Friends, I could go on all day. But, time is short, and I think you get the point. These few examples are not even the tip of the iceberg. Home and land buyers are finding their dream properties in the Lowcountry right now, for pennies on the dollar. There are many more success stories to come. Like the beautiful Lady's Island foreclosure currently available for $159,000 in a neighborhood where an identical home sold for $240,000 just a few months ago.

We'd love to help you find your piece of  paradise here in the  Beaufort area. Beaufort is a county of hundreds of islands, more than 90 of which are inhabited.

We have a  historical district with homes and buildings which date back to Colonial times. So, whether you are looking for a place in Beaufort's Historic District, on the river, on the beach, or in any of the charming neighborhoods around town, we can help.