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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