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Rising Home Values in Savannah: A Seller’s Advantage

Famous fountain in Savannah's Forsyth Park in the Historic District

Savannah, Georgia, our city steeped in history and Southern charm, is making waves in the real estate scene. With its unique blend of historic architecture, vibrant culture, and coastal allure, Savannah has become a hot destination for homebuyers. The recent surge in home values, a whopping 5.3% year-over-year increase, is turning heads and putting this city on the map for savvy sellers.

Driving Forces Behind the Boom:

  • Irresistible Lifestyle: Savannah’s historic charm, well-preserved landmarks, and thriving arts scene are creating a magnetic pull for those seeking a unique lifestyle. The city’s blend of history and modernity is a homeowner’s dream.
  • Economic Thrive: Savannah’s economic growth is not just a statistic; it’s transforming the real estate landscape. Businesses and job opportunities are flocking to the area, increasing demand for homes and elevating property values.
  • Tourism Impact: It’s not just the locals who are enamored; tourists are falling in love with Savannah’s charm too. Many are turning their vacation love affair into a permanent commitment, driving up property demand.

Recent Accolades:

Savannah is not just booming in real estate; it’s gaining national recognition. Voted as a “US Best City” in Condé Nast Traveler’s 2023 Readers’ Choice Awards, Savannah is not just a local gem; it’s a national treasure.

Home Values in Savannah

  • Lucrative Returns: For homeowners eyeing a sale, the rising home values offer an unprecedented opportunity for substantial returns. The competitive market allows sellers to negotiate terms that favor their pockets.
  • Quick Turnaround: Homes in Savannah aren’t lingering on the market. The high deremand translates to shorter listing periods, giving sellers a fast track to closing deals.
  • Appreciation Rewards: Long-time homeowners are reaping the rewards of holding onto their properties. Substantial appreciation not only boosts financial portfolios but also speaks volumes about the market’s stability.

Deciphering the 5.3% Surge:

The recent 5.3% year-over-year increase isn’t just a number; it’s a testament to Savannah’s thriving real estate market. This surge is more than economic data; it’s a reflection of a resilient local economy, fueled by high demand and limited housing supply.

Strategic Considerations for Sellers:

  • Price Wisely: While the market is in favor of sellers, strategic pricing is key. Collaborate with a knowledgeable real estate agent to set an optimal price that attracts buyers while maximizing profits.
  • Showcase Uniqueness: Your home is more than a property; it’s a story. Emphasize its unique features, historical significance, and proximity to Savannah’s attractions to make it stand out.
  • Ride the Trends: Understand the current market trends and buyer preferences. Adapt your marketing strategy to align with these trends for a faster and more successful sale.

Seize the Moment:

The 5.3% surge in median sale prices isn’t just a statistic; it’s an invitation for homeowners to capitalize on their investments. Savannah’s upward real estate trend establishes a seller’s advantage. With a strategic approach and a trusted real estate expert by your side, homeowners can turn this opportunity into a lucrative and successful transaction. It’s not just a seller’s market; it’s Savannah’s time to shine.

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The Trend of the Square Foot: Maximizing Your Home’s Value

The importance of square footage

In the ever-changing world of real estate, maximizing home value has become an art. Homeowners and investors now focus on intricate details, and one crucial factor gaining prominence is square footage. From open-concept living to multipurpose rooms, smart storage solutions, and outdoor spaces, homeowners are unlocking every inch’s potential to enhance functionality and resale value.

Open Concept Living: Breaking Down Walls for a Bigger Feel

Compartmentalized living spaces are giving way to open-concept designs. Knocking down walls enhances the perceived size, allows more natural light, and maximizes usable square footage, catering to modern aesthetics.

Multipurpose Rooms: Flexibility in Functionality

Today’s homeowners prefer multipurpose rooms that adapt to various needs. Rooms doubling as a home office or guest bedroom exemplify the versatility that appeals to diverse potential buyers.

Smart Storage Solutions: Decluttering for Value

Efficient storage solutions, from under-stair storage to built-in cabinets, enhance the aesthetic appeal and create a sense of order, a significant selling point for prospective buyers.

Outdoor Living Spaces: Extending Square Footage Beyond Walls

Outdoor areas like patios and decks are recognized as extensions of a home’s square footage, providing additional spaces for relaxation and entertainment.

Energy-Efficient Upgrades: Sustainability Meets Savings

Investing in energy-efficient upgrades not only contributes to a greener footprint but also adds value to a home, appealing to eco-conscious homebuyers.

The 12.0% increase in the median sale price per square foot has significant implications for both home valuation and sales strategies. This trend shapes the real estate landscape.

Impact on Home Valuation:

  • Increased Property Values: Homes are appraised at higher rates based on square footage, influencing overall property worth.
  • Renewed Focus on Square Footage: Homebuyers and sellers emphasize square footage as a key factor in determining property value.
  • Renovation ROI Considerations: Renovations focusing on increased usable square footage yield higher returns.

Impact on Sales Strategies:

  • Marketing Emphasis on Square Footage: Real estate listings highlight square footage as a selling point.
  • Strategic Pricing Adjustments: Sellers adjust pricing strategies based on increased median sale price per square foot.
  • Educating Buyers on Value: Real estate agents educate buyers on the correlation between square footage and property values.
  • Highlighting Functional Spaces: Sellers strategically showcase the functionality of each square foot.

Adaptation of Floor Plans:

  • Builders adapt floor plans to align with the demand for increased square footage, incorporating open-concept layouts and flexible living spaces.
  • Negotiation Strategies: Both buyers and sellers adjust negotiation strategies based on the increased focus on square footage.

The 12.0% increase in the median sale price per square foot shifts how homes are valued and marketed. This trend encourages a nuanced approach to homebuying and selling, with heightened awareness of square footage’s impact on property value. Staying attuned to these changes is crucial for successful transactions.

In the dynamic realm of real estate, the square foot has become a guiding principle for maximizing property value. Staying attuned to trends, such as open-concept living and multipurpose rooms, is key to unlocking your home’s full potential. Collaborating with an expert real estate agent enhances understanding of how the increase in median sale price per square foot impacts overall home value in the current market.

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Why Now is the Time to Sell: Savannah’s Market Heat

Building in Savannah- Savannah Market

In the real estate world, timing is crucial. If you’re thinking about selling in Savannah, Georgia, seize the current opportunity. The city’s real estate market is hot, driven by rising property values, low inventory, historically significant demand, economic growth, and cultural appeal. Here’s why it’s the right time to sell:

  • Rising Property Values:
    • Savannah has seen a consistent uptick in property values, driven by a growing economy and increased jobFe opportunities.
    • Selling now allows homeowners to capitalize on the appreciation in property values, maximizing returns on investment.
  • Low Inventory Levels:
    • Limited housing supply in Savannah gives sellers a distinct advantage.
    • Buyers, eager to secure homes in this coveted city, are willing to pay a premium for well-maintained properties, placing sellers in a strong negotiating position.
  • Historically Significant Demand:
    • Low mortgage interest rates make it an attractive time for buyers to enter the market.
    • The combination of high demand and low inventory intensifies competition, enabling sellers to secure favorable offers and swift transactions.
  • Growth in Local Economy:
    • Savannah’s flourishing economy, driven by tourism, manufacturing, and logistics, ensures continued demand for housing.
    • Sellers can position their properties as attractive options in a city poised for sustained economic growth.
  • Cultural Appeal and Quality of Life:
    • Savannah’s rich history, charming architecture, and vibrant cultural scene make it a sought-after destination.
    • Sellers can highlight these unique aspects to make their properties stand out in a competitive market.

In the current hot market with an 18.5% rise in home prices, sellers have a clear advantage:

  • Seller’s Advantage:
    • The substantial increase in home prices indicates high housing demand, allowing sellers to fetch higher profits.
  • Profit Maximization:
    • Homeowners stand to maximize returns, capitalizing on the surge in prices by timing their sale strategically.
  • Market Dynamics:
    • A significant rise in home prices signals a seller’s market, giving sellers the upper hand in negotiations.
  • Potential Challenges for Buyers:
    • The steep increase in prices poses challenges for buyers, making it advantageous for sellers to capitalize on the market momentum.
  • Market Timing:
    • The current hot market offers a favorable window for sellers to list their properties, potentially leading to quick sales and competitive offers.
  • Economic Factors:
    • Sellers should be aware of economic factors such as low-interest rates and a strong local economy influencing increased demand and rising home prices.
  • Balancing Act:
    • While conditions favor sellers, it’s crucial to balance profit maximization with personal goals and circumstances.
  • Potential for a Correction:
    • Sellers should be mindful of market sustainability and potential corrections, consulting with professionals for informed decisions.

In conclusion, the 18.5% rise in home prices signals a robust seller’s market in Savannah. Homeowners should assess individual circumstances, market trends, and economic factors to determine the optimal timing for a sale. Don’t miss this golden opportunity—act now, consult your real estate advisor, and unlock your property’s full potential in Savannah’s thriving real estate landscape.

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Ranking Savannah’s Best Neighborhoods for Renting: A Homeowners Guide

Savannah, Georgia, is a city of timeless beauty and Southern charm, attracting homeowners seeking prime investment opportunities in its vibrant rental market. 

This guide explores the most promising neighborhoods for those looking to purchase properties with the intention of renting them out. 

From the historic allure of the downtown district to the emerging creativity of the Starland District, each neighborhood offers unique advantages and potential rental income.

Join us on a journey through Savannah’s best neighborhoods for renting and discover the perfect location to launch your real estate investment endeavors.

Savannah’s Best Neighborhoods for Renting

1. Historic District

Historic Downtown Savannah is undeniably the heart of this charming city and ranks among the top choices for homeowners looking to invest in rental properties. Its cobblestone streets, iconic squares, and beautifully preserved historic architecture create an enchanting atmosphere that appeals to tourists and long-term renters. 

The proximity to downtown attractions, an array of restaurants, and unique shops is a significant draw for tenants seeking the quintessential Savannah experience. The high demand for short-term vacation rentals can translate into attractive rental income potential. 

However, homeowners should be aware of potential regulations governing short-term rentals in the area, as they can impact the rental strategy. 

Choosing Historic Downtown Savannah as your rental property location allows you to be at the epicenter of the city’s charm, offering a blend of history, culture, and financial potential that’s hard to match.

2. Ardsley Park-Chatham Crescent

This charming residential neighborhood is characterized by its picturesque tree-lined streets, beautifully maintained homes, and a tight-knit sense of community. 

For renters, it presents an enticing prospect. Ardsley Park-Chatham Crescent is particularly family-friendly, boasting nearby parks and reputable schools, making it an attractive choice for families seeking a comfortable and nurturing environment.

Its strategic location between midtown amenities and the historic district ensures convenient access to a plethora of dining, shopping, and entertainment options. 

Ardsley Park-Chatham Crescent offers a harmonious blend of suburban tranquility and urban accessibility, making it a compelling choice for real estate investment in Savannah.

3. Baldwin Park

Baldwin Park is a compelling option on Savannah’s east side for homeowners seeking ideal neighbourhoods for rental investments. 

This family-friendly community combines a suburban ambiance with proximity to city amenities, making it an appealing choice for renters. Baldwin Park offers a diverse range of properties, including historic homes and newer residences, allowing homeowners to choose the type of property that aligns with their investment goals. 

The presence of parks and green spaces adds to its allure, making it especially attractive to families and outdoor enthusiasts.

4. Starland District

The Starland District stands out as a prime choice for homeowners seeking a dynamic and forward-thinking rental market. This up-and-coming neighborhood is celebrated for its artsy atmosphere, thriving local businesses, and a vibrant sense of community.

The Starland District has a magnetic pull on a younger demographic, drawing in students, artists, and creative individuals, making it an excellent option for homeowners looking to cater to this market segment.

 Its close proximity to Forsyth Park and the Historic District further adds to its appeal, offering a convenient blend of green spaces and historical charm.

If you’re considering investing in rental properties, the Starland District’s trendy and culturally rich environment presents a unique opportunity to tap into the pulse of Savannah’s evolving rental market.

5. Southside

The Southside seamlessly blends suburban and urban lifestyles, making it an enticing prospect for renters seeking convenience and a sense of community. 

This area is home to shopping centers, educational institutions, and healthcare facilities, enhancing its appeal to both families and professionals seeking a well-rounded living environment.

This neighborhood may present a more stable and long-term rental market for homeowners compared to the short-term rental market typically associated with the Historic District. 

If you’re looking for rental properties that cater to residents seeking a balanced and sustainable lifestyle, Southside is a neighborhood worth exploring for your investment ventures.

6. Savannah’s Islands (e.g., Tybee Island)

For homeowners looking to invest in unique rental properties, the islands near Savannah, including the beloved Tybee Island, offer a distinctive coastal living experience with direct beach access. 

These picturesque locations have become hotspots for vacation rentals, particularly during the vibrant summer months, but they also have the potential to generate year-round rental income. 

However, homeowners must be mindful of the potential impact of hurricanes and flooding when investing in island properties. While the allure of beachside living is undeniable, assessing the property’s resilience and considering insurance options to protect your investment is essential. 

With the right approach and preparation, owning rental properties on Savannah’s islands can provide both memorable experiences for vacationers and steady rental income throughout the year.

Wrapping Things Up 

Savannah, Georgia, presents a diverse array of neighborhoods, each offering distinct investment opportunities for homeowners. Savannah has something to suit every investor’s taste, from iconic cobblestone streets to beachfront properties.

Whether you aim to capture the rich history of Savannah or ride the wave of its evolving rental market, careful consideration and preparation can pave the way for a successful and rewarding real estate investment journey.

Savannah beckons with its grace and opportunity, and it’s up to you to make the most of this charming city’s rental potential.

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Preparing for Hurricane Season 2023: A Comprehensive Checklist for Renters and Homeowners

Hurricane season is a critical period for residents of Savannah, GA, and Chatham County, given the area’s susceptibility to these powerful storms. Running from June 1st to November 30th, hurricane season demands meticulous preparation. This expanded checklist aims to provide renters and homeowners in Savannah and Chatham County with a detailed guide for hurricane preparedness.

General Preparedness

1. Stay Informed

  • Renters & Homeowners: Keep an eye on local news channels like WTOC or WSAV for weather updates. Sign up for emergency alerts from Chatham Emergency Management Agency (CEMA) to receive real-time information.

2. Emergency Kit

  • Renters & Homeowners: Assemble an emergency kit with at least a three-day supply of non-perishable food, one gallon of water per person per day, first aid supplies, flashlights, and extra batteries. Also include important documents like IDs and insurance papers.

3. Communication Plan

  • Renters & Homeowners: Create a family communication plan. Designate a relative or friend outside the Savannah area as a central contact point. Ensure everyone knows how to reach this person and where to meet up in Savannah or Chatham County if evacuation becomes necessary.

4. Evacuation Routes

  • Renters & Homeowners: Study the local evacuation routes, particularly those leading to I-16, which is a primary evacuation route. Have a map handy and consider alternative routes to avoid congestion.

For Homeowners

5. Home Inspection

  • Homeowners: Hire a professional to inspect your home’s structural integrity, focusing on the roof, windows, and doors. In Savannah’s historic districts, older homes may require special attention to ensure they can withstand strong winds.

6. Secure Outdoor Items

  • Homeowners: Anchor or store outdoor furniture, grills, and planters to prevent them from becoming projectiles. This is especially important for homes near the Savannah River or other water bodies where winds can be stronger.e

7. Install Storm Shutters

  • Homeowners: Install storm shutters or impact-resistant windows, particularly if your home is in areas like Tybee Island, where the risk from storm surges is higher.

8. Check Insurance

  • Homeowners: Review your homeowner’s insurance policy. Make sure it covers hurricane-related damages and flooding, which is a common issue in low-lying areas of Chatham County.

9. Backup Power

  • Homeowners: Invest in a generator and test it regularly. Power outages are common during hurricanes, and a generator can keep essential appliances running.

10. Tree Trimming

  • Homeowners: Trim trees and remove dead branches, especially those near power lines or your home. Savannah’s beautiful oak trees can become hazards during storms.

For Renters

11. Renter’s Insurance

  • Renters: Purchase renter’s insurance that covers water and wind damage. This is crucial for renters in flood-prone areas like the Historic District and the islands.

12. Know Your Rights

  • Renters: Familiarize yourself with Georgia’s tenant laws. Understand what your landlord is obligated to repair and how quickly they must act after a storm.

13. Document Property

  • Renters: Take photos or videos of your belongings and living conditions before the storm. This will be invaluable for insurance claims.

14. Emergency Contact

  • Renters: Keep a list of emergency contacts, including your landlord or property management company, local police, and utility companies.

15. Portable Emergency Kit

  • Renters: Make your emergency kit portable. If you need to evacuate, you’ll want to take essential supplies with you quickly.

Additional Tips for Both

16. Stock Up on Supplies

  • Renters & Homeowners: Don’t forget to stock up on prescription medications, pet food, and baby supplies. Local stores may be closed or depleted for several days.

17. Gas Up

  • Renters & Homeowners: Keep your vehicle’s gas tank full. Gas stations may be closed or inoperable during power outages.

18. Cash on Hand

  • Renters & Homeowners: Withdraw some cash as ATMs and credit card machines may not be operational. Cash can be essential for purchasing last-minute supplies.

19. Local Shelters

  • Renters & Homeowners: Identify local shelters and their pet policies. The Savannah Civic Center often serves as a local shelter but check for the most current information.

20. Stay Calm and Informed

  • Renters & Homeowners: During a hurricane, stay indoors and away from windows and glass doors. Continue to monitor local news and CEMA updates for the latest information.

By following this comprehensive checklist, residents of Savannah, GA, and Chatham County can significantly mitigate the risks associated with hurricane season. Preparation is not just a personal responsibility but a community effort. Stay safe and vigilant.


Here’s a supply checklist:

Preparing for hurricane season requires a well-thought-out emergency supply kit. To make it easier for you, we’ve categorized the items you’ll need. This will help ensure that you and your family are well-equipped for any emergency situation.

Personal Hygiene Supplies

  • Bar Soap: For basic cleaning and hygiene.
  • Tissues: Useful for various cleaning and hygiene needs.
  • Floss: Dental hygiene is still important, even in emergencies.
  • Baby Shampoo: Gentle enough for all family members.
  • Hand Lotion: To combat dry skin, especially after frequent handwashing.
  • Sunscreen: Protection from harmful UV rays is crucial.
  • Toothpaste and Toothbrushes: For daily dental care.
  • Feminine Hygiene Pads: A must-have for women.
  • Comb: For basic hair care.
  • Toilet Paper: An absolute necessity.
  • Wash Cloths: Useful for cleaning and bathing.

First Aid Supplies

  • Basic First-Aid Guide: For quick reference.
  • Moist and Antiseptic Towelettes: For cleaning wounds.
  • Latex Gloves: To maintain a sterile environment.
  • Over-the-Counter Medications: Acetaminophen, ibuprofen, aspirin, diphenhydramine, and loperamide.
  • Topical Treatments: Burn cream, sting relief towelettes, hydrocortisone cream, and triple antibiotic ointment.
  • Cough Drops and Earplugs: For minor throat irritations and noise reduction.
  • First Aid Tools: Tweezers, nail clippers, scissors, and a digital thermometer.
  • Wound Care: Waterproof adhesive, gauze rolls, gauze pads, moleskin, band-aids, butterfly bandages, ace bandage, and triangular bandage.

Pet Supplies

  • Collar and Leash: For pet safety and control.
  • Medical and Vaccination Records: Important for emergency vet visits.
  • Extra Food and Water: To sustain your pet during emergencies.

General Supplies

  • Lighting: Glow sticks, flashlight, and liquid candle.
  • Fire Starters: Matches.
  • Warmth and Shelter: Mylar blankets and hand warmers.
  • Communication: AM/FM radio and a whistle with a lanyard.
  • Miscellaneous: Sewing kit, blank notebook, pencils, batteries, zip ties, P-38 can opener, trash bags, N95 dust masks, duct tape, small tarp, paracord, safety goggles, and work gloves.

Food and Water

  • Non-Perishable Foods: Choose foods that your family regularly eats to avoid the stress of introducing new items during an emergency.
  • Water: At least one gallon per person per day for at least three days.

Where to Keep Your Kit

Store your emergency kit in a closet or an interior room that’s easily accessible. This ensures that the kit remains in a temperature-controlled environment and can be quickly accessed during emergencies like hurricanes or tornado warnings. Make sure all family members know its location and contents.

Chatham County Evacuation Zone Chatham County Storm Surge Map