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Talk to a Specialist →The assumptions
We'll model a representative $375,000 home, owner-occupied, owner 65+, in Richland County, with the 4% legal-residence assessment and the $50,000 homestead exemption filed. Adjust to your actual home and situation.
Annual carrying cost
| Line item | Annual | Notes |
|---|---|---|
| Property tax | ~$1,400 | 4% ratio + $50K homestead; Richland millage |
| HOA (neighborhood) | ~$1,800 | Low-maintenance exterior/common areas |
| Master-plan / amenity dues | ~$800 | Cobblestone Park shared amenities — confirm |
| Homeowners insurance | ~$1,700 | Standard inland policy |
| Total (excl. mortgage & golf) | ~$5,700 | ≈ $475/month carrying cost |
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10-year projection
| Horizon | Carrying cost (excl. mortgage) |
|---|---|
| Year 1 | ~$5,700 |
| 10-year total (with modest escalation) | ~$63,000–$70,000 |
Assumes typical HOA/insurance escalation and South Carolina's 15%/5-year cap holding taxable-value growth in check. Illustrative only.
Illustrative figures from community HOA disclosures, Richland County millage, and South Carolina assessment/homestead rules. Not an appraisal or tax determination — confirm current numbers before deciding.