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The imprint of Charleston's early plantation owners
is still seen in Summerville today as many of these summer residents' stately homes remain
standing in all their antebellum elegance. Nearly 700
of Summerville's structures, including private homes,
various businesses and B&Bs, are listed on the National
Register of Historic Places and exemplify Colonial, Queen
Anne and Georgian architectural styles. For many
years, the population here numbered about 3,000 people,
but in the 1980s, the numbers began to grow and new homes
started popping up. While much of the housing is fairly new,
the
median home price of $208,000 remains below the national
average, as does the average cost-of-living (by about
3%). |
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Town home prices start in the low $100,000s, and
well-kept, single-family homes (roughly 1,200 sq. ft. to 1,600 sq. ft.) in
comfortable neighborhoods start in the mid-$100,000s,
although dwellings can be found for less. There appears to
be a good housing selection in the mid- to high $100,000s range.
The median home price of $208,000 will purchase 2,100 or
more sq. ft., 3 to 4 bedrooms, 2 to 2.5 baths, an upgraded
kitchen, a screened-in porch, hardwood floors, an attached garage
and a large, forested lot in a desirable neighborhood.
The most expensive home we found for sale was a $2.4 million
dollar mansion with four stories, six bedrooms, five baths, 7,000
sq. ft., 21 acres, a freestanding circular staircase, a wine
cellar, triple bathroom sinks, a marble foyer, horse stalls, a
pool, a fishing pond and two garages, each with a second floor
(your guess is as good as ours).
Del Webb has an active adult community in Summerville named Del
Webb Charleston (even though it is actually in
Summerville). Homes here start in the mid- to high $100,000s
and come with all of the standard Del Webb amenities including a
large, stylish clubhouse. Legend Oaks is a beautiful,
Southern-style, all-ages golf course community with homes from the
mid- to high $200,000s. Listings in the tony Pine Forest
Country Club also start in the mid- to high $200,000s. There
are numerous golf courses in the area, so finding a home on a
fairway at a somewhat reasonable price is not that difficult.
Summerville apartments seem in decent, although not great,
supply, with the average one bedroom leasing for around $700 a
month and a two bedroom leasing for $850 to $900 per month.
All homeowners automatically receive a $100,000 property tax
exemption, and real estate is assessed at 4% of its fair market
value (6% if the home is a rental property or second home).
The annual taxes on a $250,000 home would be roughly $1,500. For homeowners 65 and older, the state's homestead
exemption allows the first $50,000 of their property's fair market
value to be exempt (on top of the automatic tax exemption).
Retirement income is taxed, but Social Security is exempt. Summerville,
South Carolina Continued....
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Summerville South Carolina Real Estate Active Adult Communities in Summerville South Carolina
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