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Happy to be of help Golden. You're picking a perfect time to investigate the SC coast. April is beautiful month in SC. We've spent many winters in the Summerville area. If this is somewhere you plan to visit, I can answer any questions you may have. Enjoy your trip.
You're picking a perfect time to investigate the SC coast. April is beautiful month in SC...
April is a wonderful time to visit if you are a tourist. If you're contemplating a move, the better time to visit is the week of July 4th and the entire month of August. April will give you no clue what it's like to live here. If your idea of "getting out" is a shopping trip to Coastal Grand and dinner at Frank's, it really doesn't matter. If you prefer the beaches, walking, biking, fishing, kayaking, etc, then August will help you decide whether it's really the right place.
There's a real risk using any of the real estate websites to estimate property taxes. For years, there has been no relation between market value and assessed value. Several years ago, SC law was changed to use market value for tax calculation purposes. If you were to buy my house today, your tax bill would be considerably higher, because your bill would be calculated based on the price you pay for the property, while my last bill was based on the assessed value. New assessments are done every 5(?) years, I think, and they will gradually be increased to match market value, but they can increase no more than 15% per year, so it will take awhile. When the property sells, it immediately jumps to market value, which is assumed to be the selling price unless you can find a justifiable reason to appeal and have it lowered. Just saying....
I agree PD. August is a brutal month in coastal SC?...very hot and humid. There are both beautiful and brutal months of the year no matter where you decide to live. We thought long and hard before we decided to build in Pawlyes. I wasn't sure if I could handle the hot humid summers. Everything is a give and take, so we decided that "yes", it is ultimately better than the snow and bitter cold of the winter northeastern months.
I mentioned April to Golden because it is truly beautiful in SC this time of year and this will give her a take on one of the beautiful coastal months. I did however forget to warn her of the Spring pollen....sorry Golden.
As I mentiond, we've spent the winter months near Charleston for the past 10 years so we've had the opportunity to evaluate the area, weather etc. We've also been there in the summer so know what it's like. It is hard to make the ultimate decision as to where to retire. We all know there is no utopia, so I'm hoping for the best and wish all others out there in the same predicament "the very best" also.
Good info PawleyDude. Taxes on a 500k home?? Around 3000k a year? or more?
Quote:
Originally Posted by PawleysDude
April is a wonderful time to visit if you are a tourist. If you're contemplating a move, the better time to visit is the week of July 4th and the entire month of August. April will give you no clue what it's like to live here. If your idea of "getting out" is a shopping trip to Coastal Grand and dinner at Frank's, it really doesn't matter. If you prefer the beaches, walking, biking, fishing, kayaking, etc, then August will help you decide whether it's really the right place.
There's a real risk using any of the real estate websites to estimate property taxes. For years, there has been no relation between market value and assessed value. Several years ago, SC law was changed to use market value for tax calculation purposes. If you were to buy my house today, your tax bill would be considerably higher, because your bill would be calculated based on the price you pay for the property, while my last bill was based on the assessed value. New assessments are done every 5(?) years, I think, and they will gradually be increased to match market value, but they can increase no more than 15% per year, so it will take awhile. When the property sells, it immediately jumps to market value, which is assumed to be the selling price unless you can find a justifiable reason to appeal and have it lowered. Just saying....
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