Myrtle Beach real estate sales have seen great increases in sales and listing activity. Many Myrtle Beach homes for sale have had upgrades to help sell the house. Most people agree that kitchen and bathroom upgrades rank as the top top areas for remodeling.
However, they do not always produce the highest return on investment.
Surprisingly, simply replacing your front door with a metal door adds value and curb appeal to your purchase. New front doors have been producing a very high rate of return over the past 15 years.
Also, when remodeling your kitchen – less may be best. Buyers may not like your style and decide that they will need to remodel it to their liking – same for bathrooms. Keep the upgrades simple – replace cabinet handles and appliances. Consider painting the cabinets and replacing the counter tops.
Your exterior siding is another area that reaps good returns. Again adding curb appeal as the Myrtle Beach weather can cause fading, water stains, and rotting. Painting or replacing with tiles has seen the best return on your investment. – vinyl siding, fiber-cement siding, and foam-backed final have been the most popular choices.
Adding a wood deck you to your home ranks high among return on home renovation dollars spent. One big reason is that decks and patios are a good way to expand living space at a low cost of $8 to $30 per sq. ft. A new deck adds livable outside area for home owners to enjoy the beautiful Myrtle Beach weather.
Building out your attic into a guest bedroom is another high return home improvement project that creates value to your home and receives a good return on your money. So go ahead and clean out those boxes, pawn the Singer sewing machine, and put the Kodak moments into an album. Make room for a room.
Myrtle Beach Real Estate sales professional at Century 21 Coastal Lifestyles offer home improvement consulting and advice to help you get the most value when selling your home. Whether you are considering major improvements or cost effective solutions, contact a Myrtle Bech real estate professional at Century 21 Coastal Lifestyle to help you achieve your real estate sales goals.
What is a Real Estate Short Sale?
Selling a home for less than the amount the current owner owes the mortgage company is called a short sale.
Buying a home that is a short sale is different from buying a property that is actually owned by the bank, known as an REO, or real-estate owned property, or a property that is in foreclosure.
A short sale can be a good deal for a buyer, and it can help the seller avoid having a full foreclosure on his or her credit record. Although a short sale and a foreclosure negatively affect a seller’s credit score, in a short sale the damage can be minimized if the homeowner can persuade the lender to report the debt to credit bureaus as paid in full.
In a short sale, the proceeds from the transaction are less than the amount the seller needs to pay the mortgage debt and the costs of selling. For this deal to close, everyone who is owed money must agree to take less or possibly no money at all. That makes short sales complex transactions that move slowly and often fall through.
Due to the complications in the short sale process, we recommend working with an experienced real estate team. Century 21 Coastal Lifestyles offers experienced Myrtle Beach Area real estate agents to help you through the process.
These Myrtle Beach Area Real Estate MLS listings are lender approved.
There are many things to consider when you are looking at in investment property at the beach. What is included, or not included in the homeowners association fees. Some complexes include insurance, water, cable, wifi, and electricity.
Rental income history will also play a big part of your return on investment. Some buildings and resorts perform much better than average.
Are looking for oceanfront, second row, or golf course vacation properties? What is the proximity to local attractions? – Broadway at the Beach, Myrtle Beach Boardwalk, Barefoot Landing, and Carolina Opry have been the most popular attractions lately with more to come in the future.
Myrtle Beach is also fast becoming a sports tourism area attracting, basketball, softball, baseball, lacrosse, and soccer teams from across the country to compete and vacation in Myrtle Beach, SC.
Where is the unit positioned in the complex? Corner unit, upper floor? lower floor, Is there an elevator?? Each building has its own characteristics which will influence the potential return on investment.
Also, the vacation rental company will make a huge difference on you return on investment. What is the commission rate? How many units does the management company manage? Typically the larger management companies do not get the premium rates and do not clean units very well. They also charge higher commissions for less personal service.
Century 21 Coastal Lifestyles has been servicing Myrtle Beach Real Estate and North Myrtle Beach along the Grand Strand. We can help you. Contact us today and put our experience to work for you!
Myrtle Beach Real Estate | Century 21 Coastal Lifestyles trusted real estate professional services for over 40 yours. We know Myrtle Beach real estate. Coastal Lifestyle Vacations, LLC can help you manage your vacation property once Century 21 Coastal Lifestyles helps you with your purchase. Myrtle Beach vacations are rated at the top of the list with Homeaway, Flipkey, Yahoo! Travel, and other major travel service providers.
Waterfall is a luxurious community just off of Rt. 90 in Longs, bordering North Myrtle Beach, SC. Many homes surround the fish filled lake. This is a gated community that is away from the noise of the beach.
Not only does Waterfall feature a beautiful fish filled lake but they also will offer a neighborhood pool and a clubhouse for activities. A 10 minute drive to the beach, Ocean Drive, new sports complex, and attractions.
The homes in Waterway offer the high end of living in the area. The incredible designs offered are absolutely…incredible. Gated back yards with or without a pool, your choice. Have one of their signature waterfalls built on the back block fence. This is luxury at it’s finest.
The Verandas offers three and four bedroom plans that are very spacious and all are oceanfront. There is only a short walk to the ‘Shag’ district of downtown North Myrtle Beach.
The Verandas offers a lazy river, pool and jacuzzi. Oceanviews and ocean breezes make your Myrtle Beach wishes come true. The interior of these units vary from unit to unit but the quality is always high.
Only five blocks away from Main Street in North Myrtle Beach, the Verandas is in the heart of Shag country. As one of the newer resorts in the area, the Verandas has a wide range of amenities that will keep everyone occupied. Being in the main section of North Myrtle Beach, it is very easy to get to all types of activities.
Seaside Plantation is a gated community near the ocean in the ocean drive section of North Myrtle Beach. The main gate is near the corner of Hillside Ave. and 8th Ave. North.
Just a few steps to the beach, the community boasts a swimming pool, heated spa, putting green, club house, several lakes and water features throughout.
Seaside Plantation has 162 home sites.
Few places along the eastern seaboard can match the instantaneous appeal of Grande Dunes in Myrtle Beach, South Carolina. A community of striking natural beauty, enhanced by lush golf greens and fairways, Grande Dunes offers properties that span the shorelines of both the Atlantic and Intracoastal Waterway, and a lifestyle that can be as relaxed or as active as you want it to be.
Distinguished in its celebration of nature and design, Grande Dunes incorporates the classic elegance of Mediterranean architecture into a landscape of pines, oaks and sparkling waters. With some of South Carolina’s best vistas as a back-drop, a superb array of residential opportunities is showcased from single-family homes and luxurious villas to oceanfront condominiums, all benefiting from the community’s resort-style amenities and wealth of recreational excitement.
For those seeking a maintenance-free lifestyle, two of the newer neighbor-hoods in Grande Dunes offer blissful villa living: Villa Firenze, offering elegant and spacious golf villas, and Villa Marbella on the Intracoastal Waterway, golf course, clubhouse and Tennis & Fitness Center. As with all of the unique and scenic residential areas within Grande Dunes, a commitment to excellence in design and a keen appreciation for every resident’s lifestyle is apparent.
Singular in elegance and location too is the new Intracoastal neighborhood of Bal Harbor which will be home to some of Grande Dunes’ most magnificent custom homes. With only 49 homesites available, Bal Harbor is destined to become not only a community of distinction, but a destination in itself for homeowners.
Amidst all of these exceptional residences and amenities is the social centerpiece of Grande Dunes, the recently opened Ocean Club. A majestic 25,000-square foot, multilevel facility, the Ocean Club combines the ease and graciousness of a Riviera resort with a full range of modern conveniences. The beachfront location allows magnificent views from nearly all of its richly appointed dining rooms and lounges, and its covered verandas and lagoon-style pool invite many open-air gatherings for residents and guests alike.
North Myrtle Beach Golf Condos – Tidewater Plantation is nestled on an elevated peninsula of live oaks and southern pines located in the Cherry Grove section of North Myrtle Beach. This is a gated community with it’s focal point being on a world class golf course.
Come relax at one of their five pools, a fitness center, tennis courts (both hard and clay), an amenity center and an oceanfront private cabana. There’s much more here but you have to come see to believe.
Tidewater has an array of architectural diversity in the neighborhood home sites, single family homes and condominiums. These properties offer a wide variety of designs and floor plans. See North Myrtle Beach Golf Condo Listings – Tidewater Plantation