Real Estate

Housing

Whether you’re looking for a family home in a natural setting or easy living in a villa offering concierge services, residents can find a place to call home that suites their own version of paradise. Hilton Head Island and Bluffton feature 24 secured communities, many boasting water, golf or nature views.

The average price of a home on Hilton Head Island in 2009 was $728,000, in Bluffton it was $283,000*

*2009 statistics calculated from Sold Properties listed as HOMES in MLS. Information is deemed accurate by MLS of Hilton Head Island, SC, but not guaranteed.

• Commercial Realtors
• Residential Realtors
• Rentals and Apartments
• Home Builders

The Golden Years of Retirement

Retirees ages 65 and older account for 23 percent of the area population. Factors that play an integral role in the decision to retire here include the quality healthcare, continued learning opportunities, nature, culture, sub-tropical weather, and the myriad opportunities for making family memories.

Property Taxes

South Carolina has a personal property tax on automobiles, recreational vehicles, airplanes and boats based on an assessed value of 10.5 percent of total purchase price. The assessed value is multiplied by the appropriate millage rate of the district in which the taxpayer resides. Hilton Head Island is divided into six districts with varying mileage rates.

Real estate taxes are based on an appraised value of property by the county tax assessor. The appraised value is computed on comparable sales, condition of property, etc. The appraised value is then multiplied by 4 percent for residents and 6 percent for non-resident property owners and corporations to obtain what is known as the assessed value. The assessed value is multiplied times the mileage rate for the appropriate district.

The first $20,000 of the fair market value of a home is exempt from property taxes for citizens who are 65 or older; citizens who are totally and permanently disabled; and citizens who are legally blind, if they have been a South Carolina resident for at least one year.