Archive for April, 2008
McClellanville Rental Homes Needed
April 26th, 2008 All Articles Daniel Bates 1 Comment
While it’s a great time to buy in McClellanville, there is still an overwhelming demand for McClellanville rentals (both long term and short term). McClellanville may not be the tourism capital of the world, but we get our fair share of traffic. I get daily calls from people wanting to come enjoy our natural amenities (great fishing, pristine creeks and beaches, historic homes and oak-lined streets) and relaxing rural setting. People love to use our quiet town as a place to unwind as well as a starting point for day trips to both Myrtle Beach and Charleston. There are currently no homes for lease on a long term basis and the two vacation rentals in McClellanville are both full for the summer and into the fall. One of those is on the market to be sold and could go at any minute. I am also managing another occasional rental, but it still does not meet the demand and I have to turn people away every day.
If you own a home in McClellanville that is vacant some of the time (or know of someone who does) and would like to discuss the possibilities of renting your home, I am happy to offer my services as a full service rental manager. Renting your home can seem like a scary thing and it isn’t for everyone, but it is a great way to put some extra cash in your pocket for home repairs or to help you pay off your mortgage. Obviously rental rates vary greatly depending on size, condition, and location of your homes, but most homeowners can expect to meet their monthly mortgage payment by renting their home in today’s market.
32nd Annual Lowcountry Shrimp Festival
April 26th, 2008 All Articles, Things to See and Do Daniel Bates 2 Comments
Just one week left until McClellanville’s biggest party of the year, the Lowcountry Shrimp Festival, on May 3rd, 2008. This is the 32nd time Archibald Rutledge Academy has held this annual event celebrating the blessing of our shrimp boat fleets and the great harvest that they bring home. There will be plenty of fresh locally-caught seafood beign served up, live music and dancing, arts and crafts for sale from talented local vendors, raffles and door prizes, and games and rides for the children. The festival will be begin at 11am and end at 5 pm at the McClellanville town boat landing at the end of Pinckney Street. Last year’s festival was a huge success and we hope to make this one even bigger as all proceeds go to support Archibald Rutledge Academy.
You can learn much more about the 32nd Annual Lowcountry Shrimp Festival at ARA’s official website.
All Four Forestry Properties Sold in Auction
April 20th, 2008 All Articles, McClellanville Real Estate Daniel Bates No Comments
I had written last October about the US Forestry auctioning their 4 properties in McClellanville. The 3 homes and 1 lot were initially priced higher than expected and received very little interest and no bids. They were taken off the market for a brief period and reintroduced at much more affordable prices. This was an internet auction, once a bid was placed the price rose by predetermined increment for the next bidder. Interest was much higher at these new prices and all four properties were sold this weekend at the close of the auction. Here is a review of the properties and what they sold for, although it is important to keep in mind that these homes have not been lived in for quite a while and will need some work to bring them up-to-date.
735 Morrison Street
Tidal Waterfront 1750 sq.ft.
Starting Bid of $340,000
Sold for $340,000
161 Liberty Street
1190 sq.ft. built in 1940
Starting Bid of $140,000
Sold for $140,000
941 S. Pinckney Street
1390 sq.ft built in 1964
Starting Bid of $125,000
Sold for $145,000
Vacant Lot on Liberty
3/4 acre building lot
Starting Bid of $80,000
Sold for $80,000
These were truly some great deals, but there are still plenty of other great deals on the market available today without waiting and without the restraints of government auctions. It’s a buyer’s market out there with high inventory, low prices, good interest rates, and many sellers willing to make concessions to sell their home. We’ve seen a huge increase in the number of buyers over the past few weeks and offers are being made and properties getting snatched up. Don’t wait for all the great deals to be gone, give your local real estate expert a call today to schedule a tour or search all the local MLS listings for free here.
