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How to Increase Your Vacation Home’s Value

south carolina vacationWhether you rent out your second home throughout the year, or spend the majority of the time living in it, keeping its value up is always important. While the value of your vacation home may inherently rise with the market, there are a few things you can do to boost its value even higher. Take a look at the following suggestions, and begin thinking of ways that you can increase how much your property is worth.

When it comes to the value of any home, especially your vacation house, the way it looks on the outside is incredibly important. Invest some time and money into landscaping to ensure the lawn looks neat and clean. Pruning and trimming bushes and trees is always a smart idea, and even grow a garden if you plan on being around for a long time. Of course, you can always hire someone to take care of your lawn and garden while you’re away. Just don’t neglect your property’s landscape in favor of focusing on the interior.

One of the simplest ways to boost the value of your home is by adding on new rooms. This is especially true when it comes to vacation homes, as they are often a place where large groups of friends and family members gather for weeks at a time. Having extra bedrooms, bathrooms, lounges, and more can really make your property stand out to someone who needs a lot of space.

Installing new and modern appliances throughout your home is also a great idea. Of course, simply having modern appliances throughout your home isn’t enough. You also have to carefully maintain them. Don’t allow your appliances to fall into a state of disrepair by tackling problems as soon as they arise.

Take advantage of these suggestions and you can easily make your vacation home worth more than what you bought it for.

A Quick Trip Through Southern Heritage

golfingThe southern South Carolina coast is a region steeped in southern antebellum nostalgia. A short trip down coastal route 17 is perfect cross section of southern culture. Experience everything from the southern comfort cooking in the hundreds of restaurants dotting the region to one of the bed and breakfasts featuring southern hospitality.



The 60 mile trip between Charleston and Savanah offer the perfect southern daytrip under moss-draped oaks. Locally owned shops to stop off and browse for kitsch run the gamut from book stores, antique shops, pottery stores and furniture retailers.



Home to some of the best native trees for furniture building, the Lowlands are a haven for furniture enthusiasts and builders alike. Among the most solid, handmade wooden furniture available, the trees harvested in this region of the country include oak and a wide range of conifers. But in addition to the trees cut down and harvested are the long-felled swamp trees.



Because much of the backwoods in South Carolina is composed of peat swamp forest, fallen trees are not allowed to fully decay. This has to do with the high water table and subsequently waterlogged soil preventing oxygen levels from accumulating. The result is solid furniture with breathtaking grain patterns and knots.



Also on your way down the coast, be sure to stop off and visit the barrier islands. The Hilton Head Lowcountry resort island, serving as an entry point to the Port Royal Sound, offers some of the most spectacular golfing in the entire region. Meanwhile, Fripp Island has some of the best restaurants on the South Carolina Barrier Islands and very affordable real estate.

Benefits of Owning a Vacation Home

beachfrontBuying a second property located in a different area is more than just a getaway for you and your family during vacation time or inclement weather; it’s a serious future investment. This investment actually carries a lot more benefits than you would think as well, instead of the normative vacation spot everyone always thinks of immediately.



More often than not, the home that you live in year round will fluctuate assets in a short term and throughout the years, however, vacation properties are actually more likely to retain their value and appreciate because most times they’re located in popular areas. Along with this increased value over time, if you happen to rent out your property but keep it to no more than two weeks per year, the interest on your mortgage and property taxes are considered fully deductible from your gross income.

However, if you so choose to rent out your vacation spot all year round, you’ll lose out on the tax deductibles, but you’ll gain a ton of rental income from the people that are using your property for vacation. Sure, the thought of random people living in the house you bought for vacations isn’t ideal, but as long as they take care of it and nothing goes horribly wrong, you’re making good amounts of extra income just by owing a second home.

Over time, as you continue to head back to the same location for vacation getaways, you’ll start to gain familiarity with your place and with the area surrounding it. This will enable you to become comfortable with those living in the area, and give you the freedom to be yourself. This is especially great for those getting a head start to retirement because although we might love where we live currently, the option to pack up and move once you’re done working for good is always there with a second property.

Waterfront Property Always a Reliable Investment

beachfrontThe South Carolina Sea Islands are a great place to own real estate due in great part to waterfront proximity. For both long term and attracting renter income, waterfront housing is great for generating reliable investment.

Income (or investment) property is among the most passive ways to generate return on real estate investment. Renting out a unit allows you to more quickly payoff your lien to increase your net worth. And there is little else an investor could ask for than income property in tourist destinations to maximize occupancy.

When targeting a rental market, the demand for waterfront is much higher than landlocked competition- even higher in demand than ‘waterfront access’ units. Nothing can replicate the magnitude of sitting seaside on vacation on a private deck with no one bothering you or telling you it’s time to leave. You can therefore charge more and expect little drop in demand.

For the same reason the renter’s market for a waterfront unit will always remain strong, so too will the buyer market. And with prevailing appreciation, you can add an even greater appreciation to waterfront units.

Tips for buying a luxury home

luxury homeBuying a home is a hard enough, stressful process, but purchasing a luxury home is a completely different monster. There are some tips and suggestions you’ll want to take into account when doing so, and these tips are outlined below.

1. Learn the luxury home search process

Many times, luxury homes will go unlisted and the reason for this is to protect the seller’s identity and privacy. More often than not, these types of properties will be found through a realtor’s connections.

2. Hire a local expert real estate agent

This step is critical in the process of purchasing a luxury home, because not only will they know where to find these homes, but they have a bit more control when accessing high-end properties in terms of fewer open houses and appointments.

3. Don’t decide based on photos

Always make sure you don’t dismiss any of the prospective houses based on their initial photos. A lot of times large homes aren’t very photogenic and need to be seen in person in order to appreciate them.


4. Choose your bank wisely.

It is very strongly recommended that you go to the bank that you have the best relationship with when purchasing a luxury home. The reason for this is because they already have your portfolio. This will make your life that much easier when purchasing any type of home.


5. Make sure to document everything

Anyone who makes a substantial amount of money has a manager or an accountant who helps shelter their money as much as they can, so it can be difficult for the back to see that you have the income. This is why it is so important to document everything because in the high-end market today scrutiny is at it’s highest.



Following these above tips should de-stress your home buying process and get you into that luxury home as quickly as possible.

Ocean View or Ocean Front

waterfront homesA home near the ocean, whether year-round or just for vacations, can be a relaxing, beautiful place to visit or live. With hundreds of homes built along and near the coast, many in the market are faced with purchasing property that is oceanfront or ocean view. While both of these options are appealing, there are differences to consider beyond the view.

Waterfront homes and buildings have a full frontal view of the ocean, situated right on the coastline. Water view homes, however, are typically further away the waterfront, but still within site and walking distance to the water. The view of the ocean from these properties however could be at an angle or only available from certain spots in the house.

A beachfront yard is great, but if there are structural or design problems with the house, you could end up spending thousands of dollars in repair. On the other hand, homes a few streets back from the ocean likely have less wind, sand and water damage. They are also at less of a risk when it comes to hurricane destruction.

You also must of course consider the cost of the house versus where it is located. Typically an oceanfront house will cost significantly more than ocean view. The homeowner’s insurance on an oceanfront house could also be increased too as the risk of damage is higher. If you are purchasing a vacation home, you could always rent it throughout the year to supplement the cost, something that should be considered when looking at the asking price for the property.

Considering the condition of the property, the distance from the ocean, the prices of the home and of course the view are all important components to the buying process. Weighing the pros and cons when it comes to each area can help you make the best, and most cost effective decision. Spending time in the area you plan to buy and looking at as many homes as you can before deciding are also common suggestions when it comes to your home purchase.

What Drives South Carolina Population Boom

Fripp IslandPlaces and regions have growing and shrinking populations for any number of reasons. No matter what the region, it must have a population to thrive. Some areas attract population with elements influenced by humans while some areas have draws much more profound.

The northeastern United States has always had the densest population in the country. This is where the pilgrims first landed and where the British established settlements back in the 17th century. It was subsequently established as the center of national commerce. Cities like New York, Boston, Philadelphia and Buffalo were booming until the mid-20th century. But as you probably know, weather in these regions can be unbearable in the winter months.

In the meantime, with advent of electronic air conditioning at the dawn of the 20th century- ironically in Buffalo, NY- scorching hot summers were made much more pleasant. This however opened the door for migration to the much warmer, sunnier southern region of the country.

The blazing hot summers south of the Mason-Dixon Line were then a tolerable tradeoff for the incredibly mild winters, compared to the ferocious northern winter weather. This gradually opened the door to migration from other parts of the country throughout the 20th and into the 21st centuries.

From 2000 to 2010, for example, the South grew in population by 14.3 million people to 114.6 million. This compares to the West having increased 8.7 million to 71.9 million, the Midwest having gained 2.5 million to 66.9 million and the Northeast having grown 1.7 million to 55.3 million. As a component to this above-average population growth, South Carolina grew 60million residents from 2013-2014.

From 2010 to 2014, the population of South Carolina was up 4.5% compared to the national growth rate of only 3.3%. Nothing can beat the draw of warm, sunny weather found in the Sunbelt- anytime in the near future, anyhow. This is why the region will continue to grow, attracting a growing population as long as a society exists, namely South Carolina.

Acclimating to Fripp Island Starts with Local Business

South Carolina Vacation Just like any new place you move to, acclimation and being on the same page as the locals gives you peace of mind. It boosts your confidence to call yourself a member of the locality. And now you’ve decided to pick the best coastal island in South Carolina, to own real estate and start a new chapter, you have to familiarize yourself with the way of life on Fripp Island.

Living on Fripp Island is a slower and more relaxed way of life with much milder weather than what you’re probably used to, which is obvious. Maybe tacking back the pace a bit once you’re officially on island time should be your first order of business. But what may take a little more familiarizing is to gather how well the community supports local and small business.

There are plenty of local businesses that any resident would pick over a big box or corporate retailer. It’s just the way of life valued and cultured across the Island. And whatever service and business you’re looking for, local Fripp Island businesses likely offer it. Everything from local coffee shops to technology services to grocery and fish markets are offered by local business.

So remember when you buy into Fripp Island, you’re doing so much more than simply buying real estate in the most beautiful corner of the country; you’re buying into a way of life. This is a way of life wherein you support your neighbor and appreciate local neighborhood ethics.

Vacation Homes Are Worth It: Now & For Years To Come

South Carolina BeachPerhaps you’ve been considering buying a beach home for years, or it’s a new idea that just popped into your mind. Either way, you’re on the right track. The professionals at Fripp Island Real Estate have helped hundreds of buyers find the perfect piece of real estate and reap the significant benefits for years to come.

Purchasing a coastal home forever provides you and your family a place to vacation. The days of finding the best deal and booking hotels are over. A vacation home is available whenever you want to visit, with as many people as you want. You can keep belongings in your vacation home as well so there is very limited packing and lugging suitcases. You can also decorate your vacation home so when you arrive, it feels like home instead of arriving in a hotel room that is bland, boring and sometimes even uncomfortable.

Spending time away from home and work in your vacation property is also good for the mind and body. This home away from home provides you and your family and friends the opportunity to relax, reduce stress and enjoy sun and sand. Vitamins from the sun and humidity from the ocean air can help ease headaches, anxiety and even depression. It’s also reported that time spent on vacation can help professionals be more productive and lucrative when they return to work.

Another long-term benefit of purchasing a vacation home is that is can also be used as a rental property. During the times that you are not using the home, you can rent it to other vacationers. In fact, renting you property for only a few months a year can help pay for the entire mortgage. Well-kept, accessible vacation homes are always in demand for families that travel and don’t want to stay in a hotel.

If this article has caught your attention and got you thinking about a vacation home, Fripp Island Real Estate is a good place to start. Searching for and buying a second home can be overwhelming, but industry professionals can make the process quick and simple. Before you know it, you and your family will be reaping the benefits of a vacation home like always having somewhere to escape to, overall improved health as well as passive income from renting out the property throughout the year.

South Carolina Sun a Draw for Vacationers, Investors

Coastal SCOff the coast of South Carolina is Fripp Island. This 3,000-acre barrier island is named after pirate ship captain, Johannes Fripp. Today, the three miles of beach and wildlife sanctuary draw visitors from all over the country. The semitropical temperatures make Fripp Island a great getaway for anyone that likes tanning on the beach, golfing, experiencing nature and trying the local fare.

Average temperatures of 85 degrees in the summer and 60 degrees in the winter provide a great environment for year-round visiting. In addition to the beautiful beaches and variety of golf courses, tourists can also freshwater and saltwater fish. For those that like water sports, kayaking is a prevalent activity along with dolphin watching that the whole family can enjoy. Bike and golf cart rentals are also readily available for visitors that want to tour the island at their own pace.

After a day of activities, seaside restaurants offer the best coastal food around. Local seafood is served is establishments from fancy dining to cafes and delis on the island. A visitor’s center on the island has a general store for every-day purchases, but also has a gift shop for souvenirs before you head back home. In total, Fripp Island has around 300 rental properties, which often have ocean views.

However, many properties are often on the market for sale instead of rent. Fripp Island has many private homes close to the ocean or golf courses that can be purchased as a seasonal or year-round residence. Investing in Fripp Island could provide your family a vacation home as well as supplemental income if you decide to rent it out during vacation seasons.

Hundreds of residents already live on the island. With all that the island has to offer, it’s a great place to be able to visit whenever you want. And on the other hand, it’s the type of place that other people want o visit as well, creating ongoing demand to rent your property.