Head West for Investment Growth

For the past several years, Greenville, South Carolina, has been going through an unparalleled growth phase. Greenville was once a relatively sleepy town known primarily for its historical textile plants and proximity to Clemson University. Yet, Greenville has transformed itself into a technology hub, making it one of the most desirable relocation destinations for young professionals. But with this growth has come an increase in living expenses. The median home price in Greenville has risen over 70% in the past decade, and even more so in the downtown proximate area near Liberty Bridge. 

Luckily, Greenville has no shortage of alternative neighboring towns. To the east is Spartanburg, an even more beautiful and historic gem of a town marked by countless historical homes and businesses. But the best investments may be to the west. Just a few miles down I 85 S lies Anderson and Pickens County. All signs indicate that now is the time to invest in these upstart locations. 

Anderson - Electric City for Shocking Value

Since 1895, Anderson, South Carolina, has worn the nickname "Electric City" for being one of the first southeastern American cities to receive electrical service. This is a fantastic analogy for the city itself, as Anderson retains its history while maintaining an eye towards the future. Anderson is located about 30 miles southwest of Greenville, making it an extremely easy commute. 

When you envision a picturesque image of small-town America, you could easily be imagining Anderson. Anderson's idyllic downtown looks like a postcard, with its brick storefronts and historical courthouse. However, don't let the historical facade fool you. Anderson is a thriving and rapidly expanding town. 

Anderson is slowly developing a broadening array of jobs and businesses. In fact, many prominent local businesses such as Growler Haus were originally established in Anderson. Yet, despite the charm and upward trajectory, Anderson remains a remarkably affordable place to live. 

The median home price in Anderson is a mere $155,000. This represents a steep 30% reduction over Greenville's median. Further, experts express that there is no question that Anderson will continue to grow. Not only is it a great investment now, but it is a great investment into the future. 

Pickens - Rural Charm With City Convenience

If you are seeking a more rural flair than Anderson can offer, you would be remiss to overlook Pickens. Pickens is located just 20 miles west of Greenville, a short drive over rural highways. While Pickens is a smaller town than Anderson, it still features every resource and infrastructure you could desire. Further, the median home prices of Pickens are an incredible value. For the price of an apartment in Greenville, you can easily have acreage in Pickens. And given its proximity to so many thriving towns, there is little question that home values in Pickens will continue to boom. 

Regardless of which area you choose, moving to Greenville does not have to mean being hampered by crowded spaces and high prices. The beauty of South Carolina is the abundance of small towns that let you have the best of both worlds.


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