Living in Lexington, SC, has so much to offer. It’s a friendly community with everything you could want in a modern city. You’re also close to Lake Murray, where you can enjoy the outdoors in many ways. However, there’s still a lot to consider when looking at homes for sale in Lexington, SC. This post will guide you through some of the points to remember.
Lake Murray Real Estate Market Watch
As of September 2024, the median price per square foot of homes in Lexington, SC, was $154. However, real estate values are always changing. Contact Southern Dreams Realty for help buying and selling homes near Lake Murray in South Carolina.
Buying Homes for Sale in Lexington SC
Neighborhood and Location
Lexington has a variety of neighborhoods that cater to different lifestyles. Whether you prefer the suburban vibe near downtown Lexington or the tranquility around Lake Murray, location is essential. Check how the home’s location aligns with your daily routine, including proximity to schools, work, and recreational facilities. Areas like Saluda River Club and Kelsey Glen offer unique community vibes with plenty of amenities.
Property Taxes and Additional Costs
South Carolina’s relatively low property taxes are a big plus for homebuyers. However, don’t forget other expenses, such as homeowner’s insurance, utility costs, and potential HOA fees. Lakefront properties, like those around Lake Murray, may also have higher insurance premiums due to flood risks.
School Districts
Choosing a home in a high-performing school district can be a priority if you have school-aged children. Lexington boasts some of the top schools in South Carolina. Even if you don’t have kids, being in a good school district can enhance the home’s resale value. Popular school zones often command higher property prices, so weigh this against your budget.
Amenities and Community Lifestyle
Think about the lifestyle you want to enjoy. Lexington’s communities offer varied amenities. You can find nice parks, walking trails, and boating facilities along Lake Murray. Certain neighborhoods also host community events, creating a close-knit atmosphere. Research what recreational opportunities and conveniences are nearby, and see how these fit your preferences.
Home Age and Condition
Lexington features both new-construction homes and older properties. Newly built homes may have modern layouts and energy-efficient features, while older homes offer character and mature landscaping. Make sure you conduct a thorough home inspection, especially for older houses, to identify any repair needs.
Future Development Plans
Understanding future developments can help you anticipate how the area might change. New schools, businesses, or infrastructure projects can affect property values positively or negatively. Check local planning documents or talk to a local real estate agent for insights.
Lake Murray Real Estate Experts
Do you need real estate services in the Lake Murray area? Click here to contact Southern Dreams Realty. We are local experts that can help with buying, selling, or property management. Reach out now to learn more.
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