Friday, June 20, 2014

Myrtle Beach Properties: Coastal Living for Less

Beach properties are, for the most part, prime real estate. After all, many dream of settling by the ocean, and get treated to fresh cool breezes and breathtaking views every day, particularly retirees who wish to spend their golden years amid a restful environment.

Beachfront homes, however, also generally come with higher price tags, at median prices 3.5 times as much as a regular home in the U.S. This is especially true in markets like California and New York, where higher-tier properties can easily breach the million-dollar mark, making them out of reach of the average American retiree.

This is not the case in Myrtle Beach, however, where the average listing price is just slightly above the $200,000 average price of a U.S. home. Truila's home price maps also indicate that the southern segment of Myrtle Beach offers a lower median price than up north. This is because North Myrtle Beach is a high-traffic tourist destination compared to the rest of the city.

However, many of the guests at North Myrtle Beach often have to come in through the international airport in the south. This makes southern coast properties more convenient for traveling to and from all over the U.S. and the world. From here, North Myrtle Beach is just a half-hour drive along Kings Highway. Whether in the north or the south, however, Myrtle Beach offers buyers a chance to have that coveted coastal lifestyle for less.

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