UNLOCKING HOUSE VALUES In SC Lowcountry: House Worth For BUYERS & SELLERS! | Moving To SC Lowcountry

Are you thinking about moving to South Carolina Lowcountry and want to know about the house's worth, whether you are buying or selling a house? Today, we're unlocking the secrets of house values, catering to both buyers and sellers alike. Whether you're considering a move to South Carolina Lowcountry or already reside here, understanding the worth of your home is crucial.
Join us as we explore the intricacies of real estate in the South Carolina Lowcountry, offering valuable insights for anyone interested in buying or selling property. Our comprehensive analysis covers various factors that influence house values in this unique market, providing you with the knowledge needed to make informed decisions.
From charming coastal cottages to expansive plantation estates, the South Carolina Lowcountry boasts a diverse range of properties, each with its own distinct value proposition.
Throughout the video, we delve into key considerations for buyers, highlighting factors such as location, amenities, and market trends that impact house values. Similarly, for sellers, we offer valuable tips on pricing strategies, staging techniques, and leveraging the region's unique selling points to attract potential buyers.
Moving to the South Carolina Lowcountry is an exciting journey, and understanding the worth of houses in this market is essential for a successful transition. Our goal is to empower you with the knowledge and resources needed to make informed decisions, whether you're buying your dream home or selling your property for top dollar.
If you’re thinking about moving to South Carolina Lowcountry be sure to give me a call, shoot me a text, send me an email, or schedule a Zoom call. I’d love to help you make a smooth move to South Carolina Lowcountry!
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00:00 - Intro to Unlocking House Values In SC Lowcountry: House Worth For Buyers & Sellers!
03:26 - Buyers Scenario in South Carolina Lowcountry
05:13 - 1st Subject Property in South Carolina Lowcountry
06:33 - 1st Comparable Property in South Carolina Lowcountry
11:24 - 2nd Comparable Property in South Carolina Lowcountry
14:20 - 3rd Comparable Property in South Carolina Lowcountry
19:13 - 2nd Subject Property in South Carolina Lowcountry
21:39 - 1st Comparable Property in the river side house in SC Lowcountry
27:10 - 2nd Comparable Property in the river side house in SC Lowcountry
31:43 - 3rd Comparable Property in the river side house in SC Lowcountry
36:19 - Wrap up on Unlocking House Values In SC Lowcountry: House Worth For Buyers & Sellers!
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David Simcox South Carolina Real Estate Agent 89795
Realty One Group-Lowcountry
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[@lowcountrylifestyles]

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[@michaelsd284]

I'll put a bit of a different spin on this as I've been both a buyer and seller. The current real estate market is highlighting a disconnect between that a house is worth and what a house costs. As a Seller, I am NOT interested in what my house is worth, I'm focused on getting the most money for my house (i.e. cost). As a seller I would be looking for comparable homes to establish my baseline. This I imagine is what most realtor do when they want to identify a "list price". As a seller I am emotionally attached to my home so I might add some $$ to the comps to get to my sell price. As a Buyer, I do Not care what the seller feels someone should pay for their house. I am only interested in the the end product of what I'm willing to spend my hard earned money on (i.e. worth). I do my home work which is different then what the typical realtor does. I look at the sales history of the home I am interested to see if the asking/list price is in line with the historical home price trends. For example, in today's market you can see we are still 25% above historical price trends (i.e. 2019-2022 was a bubble where prices were artificially inflated). I look for recent (last 1 or 2 years) major improvements (not maintenance like roof or HVAC replacement) like room additions, kitchen/bath remodels, etc. These add value to the home so I would be comfortable increasing above the historical trend line to accommodate the additional value. I look for maintenance history like roof and HVAC replacements if home is +20yrs. These are subtractions if they have not been done. I review the surrounding area to see if the community has improvement or detractors that impact the property value (adds might be new shopping, schools, etc. and negatives might be prisons, power plants, garbage dumps, etc). From this I can make an informed estimate of what the home is worth. I then can decided if the gap between what the house is worth to me vs what the seller wants get to decide if it worth making an offer.

[@lowcountrylifestyles]

All good points as I have mentioned many in the video. Emotion definitely leads people in a direction that may not be beneficial. Thanks for tuning into the channel.