Five Reasons to Own Now on Kiawah

Five Reasons to Own Now on Kiawah

October 25, 2019

Categories: Real Estate, The Island

Some May Think Winter Isn’t The Ideal Time To Purchase Or Build A Home On Kiawah Island. We Couldn’t Disagree More!

If you’re looking for a reason to explore ownership on Kiawah Island, we’ve got more than a few.

We want to make sure that you get the most out of your home, both in cherished moments and closing price. To increase your home’s value at sale and appeal to potential buyers, it’s worth considering certain home renovations prior to listing. 

1. Two New Kiawah Island Club Communities Have Just Been Released

Both The Estuary and Little Eagle Island offer custom-build homesites set along some of the most beautiful landscapes on the East Coast — including some of the last available ocean-facing homesites in Cassique, Kiawah’s ultimate private club community. There’s no time to wait as three of these limited homesites have already SOLD! 

2. Exclusive Opportunity to Join the Kiawah Island Club

Membership eligibility to the world-renowned Kiawah Island Club is dependent on a qualifying Kiawah Island property purchase. Properties of this nature Island-wide are the most coveted and the most limited. A Club membership is guaranteed with the purchase of a homesite in The Estuary or Little Eagle Island, or other developer property in Ocean Park and Marsh Walk. And best of all, the Kiawah Island Club offers access to world-class golf, spa and wellness, exquisite dining venues, and more. It is the ultimate perk for Island living.

3. Interest Rates are at an All-Time Low

Currently, interest rates are 1.25% lower right now than they were in 2018. That means you can buy 11% more house. Mortgage experts estimate a $1M loan to be about $600 less per month and $200,000 less over the life of the loan. A $2M loan would amount to about $1,100 less per month and $400,000 less over the life of the loan. With rates the lowest they have been in 3 years, waiting to buy can really add up. Adding just 1% to the rate can result in $317 more a month and $140,000 more in the cost of ownership.

4. Build before the 2021 PGA Tournament

If you’re looking to build a home on the Island, time is running out to complete it before the 2021 PGA Tournament. Building in the coveted Marsh Walk neighborhood takes an estimated 12 months, which is why there is no time to spare if you’re looking to move to the Island before the world’s finest golf professionals compete for the championship title right in your own backyard.

5. You Have Ample Time to Decorate or Renovate Before Spring

Every homeowner wants to make their new home feel like them. Buying in the winter gives you the opportunity to make your new Island home uniquely yours before spring and summer, our most vibrant seasons. This is especially important if you’re looking to rent your home to visitors throughout the year.

If your dream home is available now, it may not be for long. Don’t wait to start living your best life.