True Cost Guide · Encore at Carolina Park

Encore at Carolina Park — True Cost Guide

HOA ~$365/mo (lawn included), Charleston County ~0.50% tax, and the full cost of the Mount Pleasant address premium.

Monthly Costs — $650K Home

ItemMonthlyAnnual
HOA fee (includes lawn care)~$365~$4,380
Property tax (Charleston Co. ~0.50%)~$271~$3,250
Homeowners insurance~$200~$2,400
Total monthly (pre-mortgage)~$836~$10,030
HOA includes lawn care: The ~$365/mo HOA at Encore covers individual lot lawn maintenance. When comparing to Del Webb Nexton (~$250/mo + ~$100/mo lawn = ~$350/mo total), the cost gap narrows to approximately $15/month — while Encore delivers a Mount Pleasant address, closer beach access, and a more intimate 112-home community. The true question is whether the purchase price premium ($100K–$250K more than Nexton) is worth the location upgrade to you.

10-Year Projection — $650K Home (65+)

Item10-Year Total
HOA (3% annual increase, lawn included)~$50,400
Property tax (65+, homestead, ~$3,000/yr)~$30,000
Insurance + maintenance~$36,000
Total 10-year non-mortgage~$116,400
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