Here Is What You Need to Know About Kiawah Island Real Estate
Searching for a new home is often a painstaking process. Scouring listings on Zillow or searching for the perfect Realtor can feel like throwing precious hours down the drain. If you’re looking for an easy way to find out everything you need to know about Kiawah Island real estate, you’ve come to the right spot. From overall market trends to tracking down the right property, our guide is the perfect place to start your home-buying or home-selling journey. If you want to learn even more about the area, don’t forget to request access to our complimentary Destination Guide. Our guide is full of the Kiawah’s top restaurants, attractions, and events, putting the best of Kiawah right in the palm of your hand!
Your Guide to Kiawah Island Real Estate
Kiawah Island Realtors
When it comes to Kiawah Island, no one knows the area better than Pam Harrington Real Estate. Their team of licensed Realtors is expertly trained to deliver the best service to anyone who might be in the market for a new home. Additionally, Kiawah Island Real Estate offers an incredible depth of area knowledge and is fully prepared to point you toward your dream home!
Kiawah Island Investment Properties
There is a lot to consider when looking for an investment property on Kiawah Island. The island doesn’t perform like a typical market, as most of the homes are rented out throughout the year to the many guests that visit Kiawah Island resort. There are also the costs, such as insurance for living in a flood zone, HOA fees, upfront closing costs, and more. In other words, owning on Kiawah Island is not cheap, and getting a solid ROI is all about finding the right deal for you. The average net rental income is close to $26,000, while homes can range anywhere from 300 thousand to close to 20 million dollars.
Where to Start Your Search
Finding the right area for you is all about recognizing your own needs. Is this a second home? Do you want to rent the property out to visitors or is this going to be a permanent residence for you? Do you want a beachfront property, a house, or a condo? All of these things are important to consider when it comes to locking down the right property. Most homes on Kiawah Island are purchased as second, third, or even fourth homes for residents. Another popular option is Seabrook Island, Kiawah’s neighbor. Costs are slightly lower, and the island offers similarly exquisite beaches and amenities.
The Kiawah Island Club
One of the greatest perks of being a property owner on Kiawah Island is the access to Kiawah Island Club. As a member, incredible island amenities, first-rate services, and exclusive offerings are available to homeowners. For example, you can enjoy the five-star golf courses, socialize in the clubhouse, or even dine like royalty in their gourmet restaurants. Start your search by checking out some of the Kiawah Island properties that have access to the club.
Kiawah Island Market Trends
Year over year, Kiawah Island home prices have shown a slight decrease of about 8% across the board. The median price per square foot is $420, which is down 33% compared to the same statistic last year at this time. What does this mean for the market? While the market has been trending upward since the crash in 2008, a slight correction is a natural response to these increasing prices and is not necessarily something to be overly concerned about. Prices are predicted to stabilize, and these lower price points suggest that it might be the perfect time for long-term investments! Check out the full market report right here.
The Perfect Place to Stay Near Kiawah Island
While you search the area for the perfect property, take a minute to relax at the Andell Inn. Our boutique hotel captures the peaceful beauty of Kiawah Island, delivering a one-of-kind experience to each of our guests. Take a look at our King Studio Suites, for example. Spacious living areas, waterfront views, and elegant decor are all a part of your stay. The convenient location and sophisticated atmosphere of our inn are impossible to beat. Start planning your trip now!