Now, this is how you make your money in real estate -- Buy low, sell high, and then buy back into the market again at a low price.
As I was perusing Beaufort real estate data the other night, I came across a homesite in Habersham which I helped an owner sell in 2005 for $400,000. Habersham is located at the confluence of Habersham Creek and the Broad River, and features perhaps the best amenities package in Beaufort. The developers of Habersham are creating a true, self-contained community, with a town center complete with restaurants, shops and businesses.
This particular seller I represented on this Habersham homesite had purchased the property in 2001 for $110,000. So he did very well the first time around.
This homesite is now available for $249,000,
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