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Jill Moylan, REALTOR®, real estate agent and broker for Columbia South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)



Columbia, SC Homes For Sale and Real Estate for sale! I can help. Call me at 803-608-4663 or e-mail jimoylan@sc.rr.com.


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Local Info: Columbia South Carolina home buying, real estate listings, and homes for sale in Richland                       County, SC
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Columbia State House
Columbia State House

About the Columbia, South Carolina Area 

A city of 117,508, Columbia is a vibrant state capital and county seat. Renown for its high quality of life, the city offers excellent cultural events; a lively arts community; a full range of parks and recreational opportunities; excellent special event and sports facilities, and a rich history. A strong economy and easy accessibility are combined with delightful Southern hospitality. This city is vivacious and calm, historic and new. You have it all here in Columbia!
 


Location and Geography 

Columbia is located in Richland County, in the Midlands region of South Carolina. Geographically, it is just 13 miles northwest of South Carolina’s center, in the southeastern part of the United States. Columbia is South Carolina’s largest city, and a small section of it extends into Lexington County.  

Columbia has a total area of 127.7 square miles, 125.2 square miles of which is land and 2.5 square miles of which is water. It is situated at the convergence of the Broad and the Saluda Rivers, at an altitude of 314 feet. Columbia is geographically noted for its fall line, the boundary between the upland region and the coastal plain. At this fall line, the Broad and Saluda Rivers from the upland region join as the Congaree River, which drops to the plain as falls or rapids.

Columbia is located 85 miles south of Charlotte, North Carolina; 65 miles northeast of Augusta, Georgia; and 143 miles southwest of Fayetteville, North Carolina. 

Columbia Business District
Central Columbia Business District

Jobs  

Columbia has a diverse economy, and is home to several of South Carolina’s banking headquarters, corporate and legal offices, and major medical facilities. It has been nationally recognized for its economic strength and highly educated workforce. Entrepreneur Inc. ranked Columbia 8th in its 2005 Hot Cities for Entrepreneurs, and Expansion Management named it as one of America's top business opportunity metros. In Forbes 2005 "Best Places for Business and Careers" list, Columbia rated 48th for cost of doing business and 29th for educational attainment.  

The major employers in Columbia are; South Carolina State Government, the Palmetto Health hospital system, Blue Cross Blue Shield of SC, the University of South Carolina, Fort Jackson (the U.S. Army’s largest training installation), Richland School District One, Humana/TriCare, and the United Parcel Service. The Columbia region is home to more than 70 foreign affiliated companies and 14 Fortune 500 companies, including SCANA. The unemployment level in the area is 5.6% and recent job growth is 1.16%. The average commute time is 18 minutes. The median income in the city is $47,366 and the average per capita income is $26,867.  

Housing  

Columbia offers a delightful diversity of housing styles, lot sizes, and prices. Many new homes and apartment complexes are being built in town, and some housing developments include community pools and tennis courts. You can find everything from renovated Victorian homes on tree-lined streets with large rooms, stained glass windows, and unique architecture, to newly built three-story Charleston style residences with private, walled gardens. The average monthly rent for a 2-bedroom apartment in the city is $632. Housing prices range from $30,000 to several million. The average price for a single-family home is $174,229.
 


Columbia Neighborhoods
Columbia has many great and diverse neighborhoods that range from living in the heart of downtown to the shores of Lake Murray or the banks of the Saluda, Broad, or Congaree Rivers. Columbia offers downtown living in quiet neighborhoods like Elmwood Park, Forest Hills, Heathwood, and Shandon; or enjoy the energy of living in a downtown shopping and nightlife neighborhood such as 5 Points, or the Vista. For those desiring an escape from the city, Columbia offers many country club type communities such as Spring Valley and Wildewood for the golf lover; horse communities such as Blythewood for the riding enthusiast; and waterfront living on Lake Murray, or one of our three rivers -- the Broad, the Congaree, or the Saluda. Visit the "My Neighborhoods" section under Local Info for more detailed information about the downtown Columbia community. 

Columbia Museum of Art
Columbia Museum of Art

Arts, Activities and Special Attractions in Columbia 

For a city of our size, Columbia has a very strong arts program. Tickets to ballets, orchestra, and theater performances are readily available and reasonably priced. Starting fall 2006 we will have Broadways Plays performed regularly at the acclaimed Koger Center. The Cultural Council, the "official arts council for the Midlands," works with and promotes organizations such as The Columbia World Affairs Council, The Columbia Design League and our new children's museum, EdVenture. 

The Cultural Council publishes an Arts Monthly Calendar in The State newspaper, and also produces a web page with the calendar of events of artistic happenings in Columbia.  

The University of South Carolina also frequently hosts cultural events that are open to the public. In addition, USC provides residents of the Columbia area with a wide selection of fun sporting events to attend. The University of South Carolina Gamecocks play in the highly competitive Southeastern Conference and host football games at Williams Brice Stadium, one of the ten largest stadiums in the country. Columbia also plays host to minor league baseball and to its own professional ice hockey team. 


The Congaree Vista is the city's historic commercial district, and has become one of the city's most lively areas for shopping, dining, and nightlife. The Colonial Center, which opened in 2002, is South Carolina's premiere arena and entertainment facility, and next to it is the Columbia Metropolitan Convention Center, which opened in 2004. This 142,500 square foot, modern facility was designed for hosting a variety of meetings and conventions. The Carolina Coliseum is also used for performing arts events such as the Chicago Symphony and Feld Ballet. You can visit the Columbia Museum of Art, the state’s top international art museum, Newberry Opera House, McKissick Museum, Lexington County Museum, South Carolina State Museum, and State House. 

The city has a number of festivities throughout the year. The South Carolina State Fair is held every October. St. Patrick’s Day Festival in March is a popular event. Riverfest Celebration is held in early spring and includes a 5K River Run, musical entertainment, arts, crafts and food. Earth Day at Finlay Park and Main Street Jazz are also held each spring. Three Rivers Music Festival is a three-day event with a wide array of local as well as national musical acts. Artista Vista has become a major attraction for artists and collectors. The Greek Festival is held in September, as is the Irmo Okra Strut, which features a street dance, a 10K road race, golf tournament, arts and crafts, rides, food and South Carolina’s largest festival parade. Family Fest is a one-day open-air concert held in Finlay Park in late spring. Eau Claire Renaissance Faire features the Renaissance Parade and an outdoor concert. The year ends with the celebration of Vista Lights.  

Riverbanks Zoo is a sanctuary for over 2,000 animals, which is situated along the Saluda River. It has been rated one of the nation’s top 10 zoos as well as the top travel attraction in the Southeast. The zoo features a penguin exhibit and a working farm, among other fascinating exhibits. Just across the river is the 70-acre botanical garden, with gardens, woodlands, plant collections, and historic ruins. It has been recognized as one of the top 20 botanical gardens in North America. Columbia is also home to EdVenture, the South's largest children's museum.  

Columbia is known for its large number of independent theater groups. Some of the local theatres include; Columbia's Town Theatre purports to be the oldest continually operating theater in America, Trustus Theatre, Nickelodeon Theatre, Columbia Marionette Theatre, the South Carolina Shakespeare Company, and the Workshop Theatre of South Carolina. The city has a city ballet, philharmonic orchestra, a jazz dance company, and a choral society. The Columbia Marionette Theatre, a member of the Cultural Council, is one of only 10 marionette theaters in the United States.  


Congaree National Park
Congaree National Park

Parks/Sports/Recreation/Golf 

With three rivers just downstream from a 50,000-acre recreational lake, Columbia has a wealth of recreational opportunities available. The banks of the three rivers form a unique eco-system of wetlands, grasslands, and forests. Finlay Park, one of the best-known parks in the state, is a scenic 18-acre park, which has hosted a range of events from festivals and road races to Easter services. Granby Park is a 24-acre linear park, which provides a nature trail along the Congaree River. Also located along the Congaree River is 22,200-acre Congaree National Park, a protection area for the largest contiguous tract of old-growth bottomland hardwood forest in the United States. This international biosphere reserve, with its hardwoods and pines, has one of the highest canopies in the world and some of the tallest trees in the eastern United States. Sesquicentennial State Park is a 1,419-acre park, with a lovely 30-acre lake, trails, and picnic areas. Three Rivers Greenway is a 12-mile linear park, which connects to the area’s three rivers. Riverfront Park runs along the Columbia Canal, providing a two and a half mile trail for walking, running, biking, and fishing.
 


Columbia, with its three rivers and nearby lakes, is one of the best destinations in the country for water sports. Lake Murray is a 50,000-acre water playground located just 15 minutes from the city where you can enjoy all types of boating pleasures; sailboats, kayaks, canoes, motorboats, fishing boats, and even jet-skiing. Fishing is also popular in the area. Large Mouth Bass, Striped Bass, Catfish, or Crappie can be found in Lake Murray. Lake George Warren in Lake Warren State Park is a 200-acre man-made lake, renowned for great fishing and a great place to view alligators.  

Columbia boasts nine excellent golf courses, providing fun and challenges for every skill level. Hickory Ridge is a public 9-hole course, the oldest course in Columbia. Northwoods, a public 18-hole course, has hosted two PGA Tour events, as well as the annual City Tournament in 1993 and 1994. Forest Lake Club, Spring Valley Country Club, WildeWood Country Club, and Woodlands Country Club are private 18-hole golf courses in the area, and Oak Hills Golf and Country Club is semi-private. LinRick and River Side Golf Center are two additional public courses.  

For spectator sports, Columbia has several top-notch facilities. The Colonial Center is the largest arena in the state and the tenth largest on-campus basketball facility in the nation. It is the home of the men and women's USC Gamecocks basketball teams. The Williams-Brice Stadium, located just south of downtown Columbia, is the home of the USC Gamecocks football team and is one of the largest college football stadiums in the nation. The Carolina Coliseum initially served as the home of the USC Gamecocks basketball teams, and is currently the home of the Columbia Inferno hockey team.
 

Congaree River

The Woodrow Wilson Home
The Woodrow Wilson Home

A Brief History of Columbia
The city's name is derived from a poetic name for America, based on the name of Christopher Columbus. It was founded in 1786, and was one of the first planned cities in the United States. It was chosen as the capital in 1786 as a compromise between the up-country and low-country residents. Located at the site where the Saluda and Broad Rivers merge to form the Congaree, Columbia became only the second planned city in the United States. 

Columbia was designed as a 2-mile-square grid along the Congaree River, with thoroughfares as wide as 150 feet. Why such wide streets? The belief was that the ever-present mosquitoes couldn't fly more than 60 feet without dying of starvation along the way. 

The city planners designed a town of 400 Blocks in a two-mile square along the river. In some of our city's first real estate transactions, the blocks were divided into half-acre lots and sold to land speculators and prospective residents. Land buyers were required to build a house at least 30 feet long and 18 feet wide within three years or face an annual 5 percent penalty. 

The perimeter streets and two through streets were 150 feet wide. The remaining squares were divided by thoroughfares 100 feet wide.
Columbians still enjoy most of this great network of wide streets.  

In 1805, Columbia received its first town charter. And by 1816, there were 250 homes in Columbia and a population of just over 1,000. 

The City of Columbia paved its first street in 1908, when 17 blocks of Main Street were surfaced.  

In 1934, the old federal courthouse at Main and Laurel Streets was purchased by the city for use as City Hall. Built of granite from nearby Winnsboro, Columbia City Hall is listed on the National Register of Historic Places. 

Columbia is now home to more than 100,000 citizens, and more than 500,000 live in the immediate Columbia area.  

Sherman's troops captured the city, and in just 24 hours after his arrival on February 17, 1865, about one-third of the city, all of its war-related facilities, and many private homes, lay in ruins. 

In the early twentieth century, the federal government established Camp Jackson as a basic training facility for the United States Army during World War I. Then, during World War II, the facility was improved, and enlarged to become Fort Jackson, the nation's largest Army basic training facility.
Columbia was recently one of 30 communities named "America's Most Livable Communities," and has the nickname, “The Capital of Southern Hospitality.” Some well-known residents have included: president Woodrow Wilson; country music performer James William Anderson; film director and choreographer Stanley Donen; poet James Dickey; astronaut Charles F. Bolden Jr.; Actress Kristin Davis; Miss America 1994 Kimberly Clarice Aiken; comedian J. Anthony Brown; actor Barton Maclane; U.S. Olympians Elizabeth Callahan and Terrance Trammel; singer Angie Stone; saxophonist Chris Potter and rapper Young Jeezy. 

Columbia is the capital city of South Carolina and home to the University of South Carolina Fighting Gamecocks. We have a rich History and bright future.  


Articles on Columbia Real Estate 

Columbia, SC Real Estate Remains Steady  

As reported in The State Newspaper on October 25, 2006-- 

Home sales in S.C. slide in September
Upstate, coastal figures down; Columbia-area sales steady
By KRISTY EPPLEY RUPON
krupon@thestate.com
Home sales in the Upstate started to slip in September — mirroring a trend along the coast and in most of the nation — while Columbia-area sales remained steady, according to the S.C. Association of Realtors. 

Five of six Upstate regions showed declines for September, compared to a year ago. 

The Piedmont region — which includes Rock Hill, York, Lancaster and Chester counties — showed the sharpest drop, at 34.5 percent. The region sold 322 homes in September 2005 and only 211 last month. 

But Butch Brindel, chief executive of the Piedmont Regional Association of Realtors, said the figure is an anomaly and home sales are strong in the region near rapidly growing Charlotte. 

“Everybody’s talking about the housing bubble bursting,” he said. “The bubble’s not bursting here.” 

Last year, Brindel said, $649 million worth of real estate was sold in the region. To date this year, that number is already at $788 million. 

September traditionally is a slow month for home sales everywhere, Brindel said, because children are starting school and most families who are moving already have settled into their new homes. 

Nick Kremydas, head of the state Realtors group, said one reason for the declining numbers could be that investors — who have been pulling out along the coast — are now leaving other areas of the state, such as lake resort communities in some of the Upstate regions. 

“The short-term investors have left the state,” he said. “We can say that now statewide.” 

Statewide, home sales were down 12.5 percent in September — to 5,720 from 6,539. And only four of 15 regions in South Carolina showed gains for September. 

The Southern Midlands Association — Orangeburg, Calhoun and Bamberg counties — showed the greatest gain, at 5.6 percent. Columbia-area home sales were up 3.6 percent. And coastal sales continued a steady decline. 

The median home price — the price at which half the homes in the market are selling for more and half for less — in Columbia also was up nearly 3 percent, to $140,000 from $136,000. 

COLUMBIA RANKED IN TOP 10 FOR INVESTMENT 

Columbia ranks as one of the top 10 small college towns for investment according to NuWire Investor.
NuWire, an online service, ranked cities with populations of 200,000 and fewer and compiled statistics on factors such as growth potential, job markets, property values, cost of living, atmosphere, retirement appeal, intangibles, and overall investment potential.
Columbia ranked number 7 on that list based on affordable real estate prices and strong job growth. 


 

A Recent LA Times Article About Columbia 

We're not the only people who think buying a home in Columbia is a great idea.  

"So far . . . so good"
"Priced out at home, Californians are taking their investment dollars elsewhere. Where's pay dirt? Think Texas, South Carolina, Idaho." 

By Ann Brenoff, LA Times Staff Writer
May 28, 2006  

"THERE are bargains in them thar hills, just not the hills of the Golden State, apparently.  

Californians, unable to afford the already mightily appreciated residential property market here, are taking their investment dollars elsewhere. Small investors are heading for the plains of Texas, the coasts of the Carolinas and parts of Georgia and Idaho in search of tomorrow's realty geysers. 

Experts counsel investors to seek areas where the economy is strong — or poised to rebound. Look for low unemployment rates, a business-friendly climate and places people are moving to, not from. New highways under construction point to anticipated growth. So do plans by Starbucks and Home Depot to open stores, according to investment guru Marshall Reddick on his website. Instead of location, location, location, think jobs, jobs, jobs.  

Today Columbia is home to the University of South Carolina's 28,000 students and Ft. Jackson — the Army's largest training base (45,000 soldiers pass through annually) with 3,600 active-duty soldiers and 5,200 civilian employees — both excellent sources of tenants. And don't forget state employees. As Deborah Bayles, a Realtor at Palmetto Preferred Properties Inc., put it: "I've never heard of government shrinking, have you?" The Census Bureau predicts Columbia's population will double by 2025, growing to about 230,000. 

For sale at $90,000 is a 1,120-square-foot, two-bedroom, two-bathroom patio townhome with a gas fireplace, built three years ago. With a down payment of 20%, or $18,000, the rate on an investor mortgage of $72,000 would be 6.75%, or $467 a month for principal and interest, says Greg Boyle at Centric Mortgage.  

Homeowners association dues are on average $54 a month. Property taxes would be $1,350 a year, or $112.50 per month. Figure in $50 a month for insurance and another $50 a month for property management fees. 

Average monthly expenses: $733.50.  

Expected rent: $825, says Bayles, who hails from Southern California and whose clientele is primarily out-of-state investors.  

The median home price in Columbia was $138,000 last year, according to http://www.money.cnn.com . Properties appreciated 7.3% from 2004 to 2005, and the projected appreciation for 2006 is a nothing-to-sneeze-at 6.6%. Not a bad deal given the relatively low prices. 

The least expensive Columbia residence recently on the Multiple Listing Service was $77,500. Go ahead, do the math." 


A Recent Article on Homes in the Downtown Columbia, SC Neighborhood known as Earlewood 

Earlewood fills demand for downtown housing
Diverse area hasn’t changed much since 1940s, until recently. 

Virginia Bedford is remodeling her third home in the Earlewood area. Her current project on Union Street is a 1920s craftsman-style home.
More photosDown on Union Street in historic Earlewood, Virginia Bedford is touching up the paint on a 1920s-era house she is renovating to sell. 

Several blocks away, developer Thom Walker is talking about the half-million-dollar houses and swank condos he will build along the Columbia Canal. 

Earlewood, established in 1910, is a community as diverse as the Hardiplank cottages, brick ranch homes and two-story Charleston-style manors that line its streets. 

“I loved this little neighborhood from the beginning,” Bedford said. “I love this style house. It’s so Americana.” 

Bedford has called Earlewood home since 1977, when she bought her first house on Clark Street — for $14,000. 

Today, that home — which she upgraded with a heating and cooling system, among other renovations — probably would sell for $180,000, she said. 

Ten years ago, she moved into the house next door and renovated it. 

Around the corner, Elizabeth Glover Davis spends her days in the house she grew up in — the house her parents bought there in 1915. 

When Davis was young, there were less than a dozen, two-story, wooden homes in the area. Theirs was the first brick, bungalow-style house in the neighborhood, which now has an estimated 1,500 households. 

Davis moved to “the other side of town” (Devine Street) when she married but spent much of her time in Earlewood while her husband was fighting in World War II. She moved back for good in 1968 when her parents were sick. 

“I always had a room here,” she said. 

Davis — who used to walk home from Columbia High School when it was in downtown Columbia — saw the first wave of development hit Earlewood from the 1920s through 1940s. 

“When the (Lake Murray) dam was built in 1927, a lot of people moved here,” said Davis, whose family were members of the nearby Lutheran Church of the Reformation. “A lot of them were Lutherans. 

“During World War II, a lot of these houses were made into duplexes. After that, it wasn’t too nice for a number of years.” 

In 1979, about the time Jim Prater bought a home there, the Earlewood Community Citizens Organization was formed to look out for the neighborhood’s future. 

“I moved in, and they stuck a flier on the door about the neighborhood meeting to talk about the plan for the neighborhood,” he said. 

He went to the meeting where residents were looking at the first draft of a plan they soon would adopt to guide growth. 

“It was an attempt to look at where we were as an urban transitional neighborhood and to arrive at a common understanding of what we wanted our destiny to be,” said Prater, who now is president of the organization. 

The group has remained active, fighting commercial development along River Drive in the heart of the residential district, as well as fighting the widening of Sunset Drive. 

“We’ve fought encroachment at every turn over the years,” Prater said. 

Davis agrees that the neighborhood hadn’t changed much since the 1940s — until recently. 

Enter developer Thom Walker, who is building Canal Place within Earlewood. 

The neighborhood is approved for 700 new homes, town houses and condos and eventually could have as many 900. 

Since 2002, Walker has built about 60 homes in Canal Place — in the architectural style of the surrounding historic neighborhood. He recently started selling $150,000 lots along the canal. Homes on those lots are expected to exceed $500,000 in value. 

This summer, he plans to start construction on a 50-unit condominium complex in the development. The condos will sell in the $180,000-$250,000 range. 

“For downtown Columbia, this is pretty unique — that you can be in downtown and have this,” said Walker, standing on the quiet homesites on an unusually warm January day overlooking the Columbia Canal, a walking path and the Broad River. 

Since Walker started developing Canal Place — which followed some infill development in the 1980s and 1990s and the Laurel Hill neighborhood — more people have been renovating houses in the historic part of Earlewood. 

And with the growth, Prater said , it’s time for Earlewood to begin looking at its nearly 30-year-old plan to determine how it needs to change. 

“We’ve never actually revised the document,” he said. 

The plan probably will remain the same in some ways — keeping River Drive as the residential heart of the community — and change in others. Prater expects neighborhood leaders to look toward the Canal Place end of the neighborhood. 

“We’ll probably look to that side in terms of what’s next, what are the opportunities,” he said. 

Bedford understands the need for developments like Canal Place — even though at heart she’d rather see more people rehabbing the community’s historic homes. 

But she knows that’s not for everybody, and with the demand for downtown living growing, she recognizes Earlewood will, too. 

“It’s not just Earlewood, it’s downtown. People want to live downtown.” 


A recent article on homes in the Cottonwood/Bellevue neighborhood in Columbia, SC 

Posted on Sun, Dec. 10, 2006  

Neighborhood | Cottonwood/Bellevue 

This downtown Columbia neighborhood dates to 1902. 

• Price range: $185,000 to $450,000 

• School district: Richland 1 (richlandone.org) 

• Crime stats: In the neighborhood’s general vicinity — between Main and Bull streets and Grace Street and Elmwood Avenue — there were no major crimes reported in recent months and three registered sex offenders. For more information, see richlandmaps.com. 

• Styles/age range: This historic neighborhood has mainly bungalow-style homes dating to 1902, but many were built in the 1920s. The one- and two-story homes are a mix of brick and clapboard siding and range from 1,200 to 4,000 square feet. Most have a detached garage and sit on 60-foot-by-180-foot lots. 

• Homeowner fees: $5/year (nonmandatory) 

• Recent comps: Three homes sold earlier this year for $150,000, $226,000 and $259,900. 

• Proximity to: Less than five minutes from downtown and walking distance to the state capitol; less than five minutes from I-277 and I-126. 

• Amenities: Sidewalks, streetlights, mature trees, and close to parks 

• What I like about living here: “It’s the people,” said Paul Bouknight, who moved to the community five years ago. “It’s a diverse, friendly neighborhood.” Bouknight has one neighbor who has lived there since 1927, when he was 5 years old. But many residents now are young families. “It’s a downtown neighborhood that has truly been revitalized.” Bouknight said the North Main Street fire station acts as a town hall for the community, and the neighborhood puts on events each year like a Fourth of July parade and a Christmas party for children. “I’ve lived in condominium complexes and in traditional subdivisions. I’ve never lived anywhere that there’s such a sense of community.” 

On Homes in the East Lake Neighborhood in Columbia, SC 

Posted on Sun, Dec. 17, 2006  

Neighborhood | East Lake 

This neighborhood on Garners Ferry Road in southeast Richland is seven years old. 

• Price range: $100,000 to $165,000 

• School district: Richland 1 (www.richlandone.org) 

• Crime stats: In the neighborhood’s general vicinity — between Atlas Road, Garners Ferry Road and Colonial Villa Drive — there were three burglaries and one motor vehicle theft in October and there are three registered sex offenders. For more information or crime statistics, see richlandmaps.com. 

• Styles/age range: Mostly two-story traditional homes in the 1,100- to 2,700-square-foot range. Some homes are one-story. 

• Homeowner fees: $132/year 

• Recent comps: Three homes sold this summer for $97,500, $109,300 and $122,000. 

• Proximity to: Less than five minutes from I-77 and the shopping district on Garners Ferry Road. Ten minutes from downtown Columbia. 

• Amenities: Lake with community access, community socials, maintenance of common areas, street lights, athletic field, picnic shed, future plans for a playground and larger community shed 

• What I like about living here: For Andre Jackson, moving to East Lake in 2000 meant coming home. “We’re a military family,” he said. “We were looking for a very diverse neighborhood that was close to family.” Jackson and his wife, Erika, have roots and family in southeast Richland. “East Lake was the ideal neighborhood for us.” A couple of years ago, Jackson made the transition from active duty in the U.S. Army at Fort Jackson to being a major in the U.S. Army Reserves there. He and his wife also work there as civilians so being near the fort and being in a good school district were important for them and their son, Andre Jr., 8. Jackson said he also likes the diversity of East Lake — which has a range of residents, from retired military to professionals and young families. 

 

 

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Real Estate Tips
Pricing >The Value of Your House

One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.

How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.

Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.

See All Tips In The "Pricing" Category >
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Real Estate Trivia
Q 
What area was designed to look like a 1940s southeastern town with traditional architecture?

A 
Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions.
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Jill Moylan, REALTOR®, real estate agent and broker for Columbia South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Jill Moylan
Home Advantage Realty

2615 Devine Street
Columbia, SC 29205
Cell: 803-608-4663
Fax: 803-787-1773
Email: jimoylan@sc.rr.com

Jill Moylan began Home Advantage Realty more than a decade ago after recognizing a need for more personalized and responsive service in the Columbia, SC real estate industry. Since that time, she and her associates have provided high quality, professional service by limiting the number of clients served at any one time. Jill's priority is understanding your priorities. There's a better way to buy a home than spending hours in a car and on the internet. Call Jill today. Experienced. Personalized. Professional. Since 1991.

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