The Swamp Rabbit Trail in South Carolina – An Attractive Place For Real Estate Investment
The city of Greenville in Greenville County, South Carolina is not usually a city that you would have heard much of, unless you are a familiar with the Swamp Rabbit Trail. It is a 20-mile long rail trail which has been converted for multi-use but it has been attracting tourists ever since it officially opened in 2010. In fact, this trail is one of Greenville County’s most popular assets, generating about $7 million per year. While this might sound like a random fact for you, it won’t sound so random to those of you who are looking for an attractive place to purchase property in. If you would do some more research about the impact of the Swamp Rabbit Trail, you might become interested to invest in a property over there and start looking for Greenville SC homes for sale.
If you do choose to go down that road, you might want to know some more about the city of Greenville. After all, there is much more to the Greenville County than just the Swamp Rabbit Trail, which is one of its biggest attractions, of course. The city of Greenville is the seat of the county with an estimated population of around 70,000. It is a very interesting town with a wide variety of popular attractions so seeking out downtown Greenville S.C. condos might not be a bad idea as well if you are not so invested in the Swamp Rabbit Trail.
So what do you need to know about the real estate market in Greenville? Well, the Greenville housing market has seen a fair increase in real estate investment, in fact, it has had 41% of all new property permits in the tri-county region including Greenville, Anderson and Spartanburg counties in 2018, and a fair portion of those properties were high-end. It is also fair to say that the highest market share of the real estate market in Greenville is in the downtown area which is quite understandable. After all, that is where it is the busiest.
The Greenville downtown area is not the only place you might want to look into if you’re seeking a property in that region. For example, the West-End of Greenville, known for its Falls Park is one of the first places that was affected by the real estate boom in the county.
Additionally, there are plenty of towns around Greenville that are also known to have an interesting property price tag.