Greater Columbia, Chapin, Irmo, Lexington and Lake Murray.

Saturday, March 17, 2012

Best Places for Retirement: Columbia, SC

The Greater Columbia (SC) area is a GREAT place for retirement!

There are many reasons to consider retiring to the Columbia, South Carolina area, but, one is the overall tax burden is easier in South Carolina.  Kiplinger recently named South Carolina as one of ten states with the lowest overall tax burden for retirees.  Here is what they had to say about South Carolina being a "tax friendly" state:  The state does not tax Social Security benefits and provides a generous retirement-income deduction when calculating state income tax. State income-tax rates are reasonable, and property taxes are very low. Taxes are based on 4% of the market value of the home (then applied against local millage rate), and senior homeowners qualify for a homestead exemption.
CLICK HERE to read more

The Greater Columbia area includes: Irmo, Lexington, Northeast Columbia and the Lake Murray area.  Life-long Columbia resident and Realtor Mel Coker can be your Columbia retirement relocation Realtor.  Call Mel Coker at (803) 388-8011 or email.
Other important reasons to consider Columbia, SC for your retirement:
  • Excellent medical care facilities (5 hospitals - includes Dorn VA hospital and 2 heart specialization hospitals)
  • Nice year-round weather (snow is relatively rare)
  • Friendly people
  • Lots of activity possibilities (museums, parks, activity centers)
  • Reasonably priced golf courses and golf community homes
  • Boating and recreation on beautiful Lake Murray
  • Reasonable real estate taxes (and a $50,000 exclusion against taxable assessment at age 65)
  • Convenience to fun places: other travel in the Southeast, mountains of South and North Carolina, Historic Charleston, and the beaches in South Carolina to include Myrtle Beach and Hilton Head Island.
  • Reasonable Home Prices! 
Examples of average home pricing in the Columbia area:
(closed single family homes; min. 1000 sf; min 3 bedrooms, 2 bathrooms - as of March 2012)
Overall Columbia area: app. $155,000
Lexington area:  $203,094
Irmo/Dutch Fork/Chapin area: $164,130
Lake Murray waterfront: $497,521

Ready to Get Started with a SMART Retirement Move?
Contact Mel Coker
Realtor, CRS, ABR, GRI, SRES
RE/MAX Metro Associates - Columbia, SC
(803) 388-8011

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