A small town with a big city feel, Myrtle Beach, SC sits in the long stretch of beaches on the South Carolina coast. Home to over 400,000 residents, its metro area has a current growth rate of over 3.80%. Myrtle Beach offers a welcoming unique blend of modern living with rich historic charm, making it a great place to live. So, is Myrtle Beach a good place to invest in a home?
We know that home investment is a hard decision to make. Among the many things you need to do when investing in a home in Myrtle Beach, getting a home inspection service will give you a good picture of what you are walking into before closing the deal and moving into your dream home.
Let’s take a look at other factors to consider when investing in a home in Myrtle Beach, SC.
1. Affordability of Homes and Comparatively Lower Cost Of Living
Some of the biggest factors Myrtle Beach is being sought for by home buyers and real estate investors are its affordability and lower cost of living compared to neighboring states. Although several resort complexes in Myrtle Beach are reasonably priced despite being situated in the north, it still has all the necessary services & amenities available for residents and visitors. Whether you’re buying a single-family home or an oceanfront condo, modest earners to millionaires get equal treatment and opportunity to find their suitable places at affordable prices.
2. High Return on Investment
While affordability is what draws home buyers and real estate professionals to make investments in Myrtle Beach, another factor is the unbelievably high returns on investments. This can be in the form of a property sale or monthly rental income. This is because of the high demand for apartments, vacation homes, and family condos.
Along with the rising real estate market, depending on the property type and price ranges, make sure to have a home inspection professional assess and evaluate your target property to see if it is a good buying decision for you or not.
3. Generally Better Quality of Life
Myrtle Beach is among the best places for coastal living in the US. From sporting activities to museums, parks, and other attractions, investing in a home and living a fantastic coastal lifestyle in Myrtle Beach certainly has all the benefits any home buyer or resident would enjoy. Not to mention having been recognized as an ‘A’ grade for the quality of life for the retirees, Myrtle Beach, SC highlights a relatively high overall quality of life its real estate market offers.
4. Reliable Community Services and Sufficient Facilities
Not sure what to do during downtime? You can rest assured there are more than enough facilities and community services Myrtle Beach provides at your disposal. If you are a golf person, Myrtle Beach is a golfer’s paradise. There are over 80 golf courses to enjoy. Other reliable community services also include art exhibits, casinos, and social events where you will meet many interesting people of all cultures, professions, and religious backgrounds.
If you are concerned about health, Myrtle Beach has adequate facilities such as hospitals, clinics, pharmacies, diagnostic centers, and dispensaries to satisfy your healthcare needs.
5. Favorable Weather Conditions
Myrtle Beach is a very low risk of hurricanes and the hazards that occur with them. Although Myrtle Beach, SC has a very low hurricane risk, it can still pose quite a threat if you’re looking to invest in a home in coastal areas. However, there is no need to worry about hurricanes as they hardly ever hit South Carolina. Myrtle Beach has more favorable weather conditions, hence its thriving real estate and home inspection market. Not to mention the summer fun and business residents and tourists enjoy while increasing your chances of earning.
If you’re planning to invest in Myrtle Beach, SC, then there would hardly be any reasons to step back especially if you understand what you will be walking into. A Myrtle Beach SC home inspection will help you make sure you are making an informed decision in choosing the best home to invest in.
IF YOU OR SOMEONE YOU KNOW IS LOOKING TO BUY OR SELL AND NEEDS A HOME INSPECTION IN MYRTLE BEACH SC OR THE SURROUNDING AREAS, PLEASE BE SURE TO CONSIDER OCEAN BREEZES HOME INSPECTIONS. IN ADDITION, YOU CAN CALL AT (410) 346-5333 OR VISIT OUR WEBSITE FOR MORE INFORMATION OR SCHEDULE YOUR INSPECTION SERVICES TODAY.
At Ocean Breezes Home Inspections, we believe that every home buyer in Myrtle Beach and surrounding areas should have a home inspection performed before making a purchase. A home inspection can help you identify any potential problems with a property before you buy it. It can help you avoid buying something that you will later regret.
Many of the older homes near the water have been damaged by hurricanes over the years and have not been well maintained. Therefore, it is important for prospective buyers to have a home inspection before making an offer on a home.
Our pros at Ocean Breezes Home Inspections can give you the peace of mind that comes with knowing that you’ve made a sound investment. They offer an exclusive 5-Star Package and a variety of other services, such as 90-Day Warranty inspections, Foreclosure Inspections, and more.
If you’re in the market for a home in Myrtle Beach, SC, call Ocean Breezes Home Inspections today at (410) 346-5333 or click to schedule an inspection online via our website 24/7.
Friendly, Professional, And Expert ~ Ocean Breezes Home Inspections