Downtown Charleston Median Prices are Smokin’ Hot

Here's a little statistical play for your Monday. Today we received October numbers from our Charleston Trident Association of Realtors and no lie - it's been a pretty strong fall. In many areas of the country, activity peters off from the summer until the following spring, but around my #1-in-the-United-States pretty urban center, lots of people like to buy homes to move into before the holidays. After all, it's fun to start the new year with a new life! So here's what's interesting, in these two interactive graphs below, you'll see the median prices for the tri-county area (blue lines), compared ...click to read more...
Posted in Charleston Peninsula Real Estate, Statistics | Tagged , , , , , , | Leave a comment

Charleston’s About to Get Taller and Techier

Tuesday night the Charleston City Council unanimously approved the City of Charleston's request to change the height zoning on a particular area of Morrison Drive from 55 feet to 85 feet.  Why does this matter?? 1. Because that rarely happens, and 2. Because it was done so to enable the construction of new 76-foot tall buildings up to 350,000 square feet with the express purpose of housing technology company incubators via the Charleston Digital Corridor. Yes, the demand for that kind of space is high as existing incubators currently have a waiting list.  Silicon Harbor is for real folks! Check ...click to read more...
Posted in Developments | Tagged , , | Leave a comment

Raising Up a Charleston Cottage

Check this out.  A little Charleston Cottage hovering in the air at least 5 feet above the ground. The person who is restoring this cottage (built in 1935) has decided to elevate it to the appropriate FEMA flood level, which in this area is 13 feet above sea level. Now, normally I am not a fan of actions that ruin the historic integrity of a home's exterior aesthetics. However, in this case and others like it, I'll give it a pass through ;). Raising up the house helps with affordability (for a Buyer) since for every $100 per month you pay in flood insurance, you have $20,000 less in purchasing ...click to read more...
Posted in Charleston Architecture, Charleston Peninsula Real Estate | Tagged , , | Leave a comment

New on the Market: 783 Rutledge Ave – A Gorgeous Craftsman Home in Wagener Terrace

Years ago I wrote a post about finding a beautiful Craftsman style home in Charleston as you will find many of these lovely places built throughout Hampton Park Terrace, Wagener Terrace and North Central in the 1910s-1940s, and it is quite a sought after style. Though certainly Charleston's homes differ from those in other areas of the country, you will find some similar elements that evoke that traditional Craftsman Bungalow: wide front porches, tapered columns, exposed rafter tails, windows with multi-paned top sashes and single-paned bottom sashes, and attention to detail on the interior. The ...click to read more...
Posted in Charleston Architecture, Charleston Peninsula Real Estate, Wagener Terrace | Tagged , , | Leave a comment

Cigar Factory to Host a Foodie Paradise

By now us locals know that two businesses have officially announced they will set up shop in the Cigar Factory - once slated to be condos, now to become a commercial venture with retail and office space occupying this historic building.  Garden & Gun Magazine will be taking down a mammoth 20,000 square feet (of 244,000), and a local restaurant group, Indigo Road, has announced they'll be bringing in a Foodie Paradise.  Think Dean & Deluca, Star Provisions, or Mario Batali's Eataly, only Southern Style. According to Steve Palmer, Indigo Road's managing partner, the Foodie Paradise ...click to read more...
Posted in Developments | Tagged , , , | Leave a comment

Spring Sales Stats from the Sweetest of Southern Cities – Charleston

Spring has sprung, it's sunny and seventy-six, the skies are cerulean, and glee is in the air (as well as lots of pollen). It just makes me feel a bit giddy so please forgive my Fun-with-Alliteration. :)  But let's get serious about the spring real estate market in Downtown Charleston.  Have we been hampered by the Polar Vortex? By the sometimes cringeworthy Bravo show Southern Charm? By Forbes and the Wall Street Journal saying the housing market is slowing down? I think not... Let's take a look at some statistics in each of the areas that comprise Downtown Charleston in the MLS. In Charleston ...click to read more...
Posted in Charleston Peninsula Real Estate, Statistics | Tagged , , , , , , , , | Leave a comment