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Sunday, February 27, 2022

Your Savannah, Ga Real Estate Questions Answered

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Your Savannah, GA Real Estate Questions Answered

Are you considering making a move to Savannah? This charming southern city offers plenty, from historic architecture and lush green parks to delicious restaurants and lively nightlife. 

Wondering how to buy a home in Savannah, GA? It’s important that you have an idea of what homes are selling for. Our guide answers your questions about Savannah real estate. 

What is the average price of a home in Savannah, GA?

Data from February 2022 placed Savannah’s median list price at $274,500 with 725 homes for sale. The median price per square foot was $165. After increasing throughout 2020 and 2021, Savannah’s list prices have somewhat stabilized in early 2022. 

The most affordable listing was a mobile home with 804 sq ft, one-bedroom, and one-bathroom listed at $55,000. The most expensive listing was three contiguous downtown townhomes operating as a bed and breakfast for $4.6 million with a combined 21 bedrooms and 21.5 bathrooms. 

Are there any condos or townhomes available in Savannah, GA? 

Yes, Savannah had 99 condos and townhomes available in February 2022. 

The most expensive listing was three contiguous downtown townhomes operating as a bed and breakfast for $4.6 million with a combined 21 bedrooms and 21.5 bathrooms. The most expensive single unit was a new construction condo listed for $3.794 million with five bedrooms, five and a half bathrooms, and a riverfront location.

The most affordable listing was $85,000 with two bedrooms, one bathroom, and 734 square feet of living space. 

What is the property tax rate for Savannah, GA?

All Georgia property is assessed at 40% of its full market value. So if your home is worth $200,000, it is taxed at $80,000. 

Savannah charged a $0.12739 property tax rate per $1,000 of taxable value. Chatham County assessed $0.12693 per $1000 of assessed value in 2020.

Residents also have additional property tax charges. The local Board Of Education property tax assessment was $0.1888 in 2020. Chatham Area Transit taxed $0.0115. The general fund assessed $0.11543. 

In total, Savannah city residents were levied $0.44313 per $1,000 of assessed value in property taxes during 2020. 

What county is Savannah, GA in?

Savannah, Georgia, is located in Chatham County. Located in southeast Georgia, it is home to over 278,000 residents. The Savannah River is located in the western portion of Chatham County, while the Ogeechee River runs along its eastern border.

The county is home to the towns of Pooler, Port Wentworth, Garden City, and unincorporated communities such as Bloomingdale and Tybee Island. 

The area that comprises Chatham County was originally inhabited by the Yuchi and Creek people. During the Revolutionary War, this county was a major activity area as colonists and British soldiers fought for control of the port city. 

The climate in Chatham County varies from an average low of 32F in January to highs of 82F in July. The average rainfall is about 56 inches per year, and there are about 87 days with measurable precipitation.

Is Savannah, GA growing?

Savannah had 147,780 residents in April 2020, an increase of 7.7% over the decade. Its suburbs were some of the fastest-growing in the state. Chatham County’s population grew by 11%, above the total Georgia rate.

Bryan County, situated to Savannah’s south, grew 48% over the decade. While Savannah is expected to increase in population, more growth is projected for the areas surrounding Savannah. 

What neighborhoods are in Savannah, GA?

Savannah has a large number of unique neighborhoods, oozing character, history, and charm. You can live in everything from an eighteenth-century townhome to new waterfront property. 

Some of the most popular areas to live in include Azalea, Ardsley Park, Chatham Crescent, Daffin Park, East Thomas, Green Palm, Hollywood/Ferry Place, Huguenot/Wilkinson Bluff, and Savannah Historic District.

Breaking out some of these neighborhoods:   

Ardsley Park is Savannah’s oldest subdivision. This area oozes Southern charm. The historical residences are inspired by all kinds of architectural styles. Find the neighborhood kids walking and biking to school or playing weekend baseball games at the park.

The Savannah Historic District in the heart of downtown is what appears on those postcards. Live among cobblestone streets, manicured gardens, and oak-draped parks. There are more than 20 city squares with antebellum mansions, monuments, and important buildings in American history. 

Chatham Crescent is similar to Ardsley Park but larger and developed in the beaux-arts style, which was popular. 

The Starland District is the artsy part of town known for its funky shops, galleries, and studios. The community draws from the nearby College of Art. The Thomas Square area has historic homes and new construction properties. Its central location and proximity to Savannah College of Art and Design make it popular with younger residents.

Southside is convenient to the Savannah Airport and just 15 minutes from the downtown attractions. It’s also close to shopping with big-name retailers at the Savannah malls or Oglethorpe. 

The Landing is on Skidaway Island and comprises over 6,300 acres. Residents are part of a golf course community and have ample access to many recreational amenities. Live minutes away from Savannah’s cultural destinations and modern conveniences, but have a pristine and natural environment afforded by island living. 

Isle of Hope is a riverfront community built on a peninsula around the Skidaway River. Homes include some 19th and 20th-century mansions next door to quaint waterfront bungalows. It has some historic sites and museums. 

Dutch Island is a gated community just outside Savannah that offers a slightly more rural feeling. Expect lots of wildlife encounters as you hike, boat, or relax in your backyard.

The Victorian District is undergoing revitalization. Many people have taken on preserving and updating these historic homes. 

Gordonston was developed as a bedroom community of Savannah, but it has evolved into a secluded residential neighborhood. The Savannah Golf Club, Juliette Low Park, and many dining options are inside the community. 

Parkside is near Daffin Park, where residents enjoy swimming, playgrounds, and basketball courts. It is one of the more affordable neighborhoods in Savannah, and it’s close to modern conveniences and restaurants. 

Whitemarsh Island is a Savannah suburb widely regarded as one of the best places to live in the state. It has a suburban feel, with many recreational facilities, parks, and things to do. 

What are the top 5 safest neighborhoods in Savannah, GA?

Savannah has a crime rate of 56.17 per 1,000 inhabitants during a normal year. The safest part of Savannah is generally viewed as the southeast section of the city.

While crime rates vary significantly by neighborhood, some of the safest include Candler Park, East Thomas, Ardsley Park, Chatham Crescent, and Daffin Park.

Are there any waterfront properties found in Savannah, GA?

Waterfront real estate is available in Savannah. You can find places to live along the Savannah River, Wilmington River, Skidaway River, Burning River, Moon River, and Little Ogeechee River. On top of that, you have numerous creeks and inlets that feed these rivers and provide waterfront access.

In February 2022, there were 154 residential homes or lots with some form of waterfront available. Your waterfront property options include condominiums or single-family homes. 

Some communities you can focus your search for waterfront real estate would be Montgomery, Vernon Berg, Whitemarsh Island, Hutchinson Island, Thunderbolt, Sylvan Island, Country Club Creek, Wylly Island, Grimball Point, Isle of Hope, Lyndhurst, Paradise Park, Nicholsville, Southside, and Colonial Oaks.

How is golf in Savannah, GA?

Savannah is a beautiful city with many golf courses to choose from. It would seem the only hard part of playing golf here is deciding which course to visit first.

There are 23 golf courses near the downtown area, including three municipal courses. 

A few highlights: 

The Club at Savannah Harbor is a luxurious Westin-operated resort on Hutchinson Island, offering stunning views of Hutchinson Island and Savannah’s Historic District. The course, built by Sam Snead and Bob Cupp, was created with the “risk versus reward” mindset in mind.

The main feature of Crosswinds Golf Club is the parkland-style course design. Unlike many Par 72 courses, the property has five par 5s and five par 3’s for an exceptional experience at all skill levels. The facility near the Savannah/Hilton Head International Airport has open fairways in a convenient location.

Savannah Quarters Country Club is a private club that offers six sets of tee boxes to fit every player’s level of expertise, from beginner to expert. The 18-hole Greg Norman Signature course is a picturesque Par 72 layout meandering through waterways and towering cypress.

​​The Savannah Country Club offers spectacular views from almost every hole. The Donald Ross-designed course boasts well-groomed fairways and greens with stunning views of the city skyline. The Par 71 course measures 6,715 yards from the back tees and is a challenging yet player-friendly layout. Known initially as Wilmington Island Club and Savannah Inn & Country Club, the 18-hole layout was established in 1927. 

Are there golf course communities in Savannah, GA? 

Henderson Golf Community has homes with golf course views and convenient access to Savannah. The community is between Fort Stewart and Hunter Army Airfield, with close access to I-95. 

Southbridge includes a community pool, tennis courts, and fitness facilities. Residents are about 15 minutes from downtown Savannah and close to I-95. Homes typically have 3-5 bedrooms and 2-3 bathrooms on spacious lots. 

The Landings is an upscale gated community with waterfront and golf course living. The community divides into different neighborhoods. For example, Deer Creek residents benefit from waterfront and golf course options. Amenities include six golf courses, a fitness center and spa, a marina, tennis, dog park, playgrounds, walking trails, and more.

What areas are near Savannah, GA?

Savannah is located along the Atlantic Ocean in southeast Georgia. It sits just north of Interstate 95 and just south of Interstate 16. There are several major metropolitan areas within a 2-hour drive from Savannah, including metropolitan Atlanta, GA (2 hours), Jacksonville, FL (1 hour), Charleston, SC (3 hours), Augusta, GA (1 hour), and Brunswick, GA (just north of Jacksonville).

Tybee Island is considered Savannah’s beach. It is located seven miles east and ideal for a getaway. Lounge on the white sands or stroll down the island pier. 

What to know about living in Savannah, GA

Overall, the cost of living is low compared to the national average. For example, groceries and household supplies are 19% cheaper than the national average, healthcare costs are about 12% below the national average, and utility bills are 5% less than the national average.

With the mild temperatures, there is plenty of outdoor activity in Savannah all year long. Enjoy top-notch dining, retail, cultural attractions, and more with a dash of southern hospitality and charm. Learn more about why moving to Savannah could be the right decision for you.

If you’re looking at living in Savannah, contact a local real estate agent to find the right neighborhood for you. 

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Preston Guyton

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