Since we don’t represent sellers or homes, we are in a unique and unbiased position to report on the current state of the tri-county area’s housing market. This is a list of the 12 Best Deals currently on the market. The list is somewhat objective, taking into account variables like price per square foot. But, it is also subjective, factoring in our team of experts’ judgment calls on which properties they believe represent the best bang for the buck. While not everyone may agree with our choices, to be sure, you can be certain our opinions are independent since we do not represent these properties or have a vested interest in their sale.
The downtown home we featured last week has canceled its listing. So, consequently, we have another home making its debut on our list. Another home we featured last week has lowered its price. We also have reports from our team of exclusive buyer’s agents who have toured several of the homes this week. With their added impressions you will have a better sense of the unique features and possible issues of each home.
Here is the list for November 2nd, 2018
BEST DEAL DOWNTOWN
321 South 3rd Street
Making its debut on our list is this property known as the Lucy M. Giles Home. It was built in 1897 and underwent a renovation in 2005. The home has four bedrooms and four bathrooms, plus a studio apartment that the current owners are using as a rental. Our agent, Tim Chappell, recently toured this home and said: “It’s been beautifully modernized in a way that complements its historic motif.” The home has original woodworking throughout including original pine wood floors. The sellers have also recently lowered their asking price by $40,000. The current price is $549,800.
BEST DEAL IN LELAND
10174 Morecamble Blvd
PRICE REDUCTION: We’ve been following this home for the last four weeks, and in the time we’ve recorded two price reductions. In the last few days, the price has dropped by another $15,000. The reason is the home is in the possession of the federal government, the Department of Veteran Affairs, and they just want the property off their books. The house is not even 5 years old, built in in 2014, but buyers are warned in the official listing that it’s been “lived in hard but would be a great opportunity for someone to restore this home to the beauty it once was.” It has 5 bedrooms, 4 baths, and a new listing price of $324,000.
BEST DEAL ON A LUXURY HOME
2004 Seawind Lane
For the second week in a row, this home takes the top spot in the Luxury Category. The house is located off the 1st tee of the Dye Golf Course in Landfall. It is 6700 square feet with 4 bedrooms and 6 baths. It also offers an expansive walk-out basement that includes a game room, built-in bar, pool table, and leads out to a swimming pool. Exclusive Buyer’s Agent, Lori Smith, toured the home and says: “It has my all-time favorite kitchen and the adjoining living room is amazing.” She also notes that the seller has offered to replace the carpet which is showing some wear.
1707 Pope Court
This home has been featured on our list for the last 8 weeks. It has earned its spot because it offers the lowest price per square foot in Landfall. In the last month, the sellers have sweetened the deal by making some renovations. They’ve added 18 new windows, a new AC unit for the 3rd floor, restained the floors and installed a new vapor barrier in the crawl space. This house features 4 beds, 4 baths with an asking price of $575,000.
UNDER CONTRACT 11/17/2018
BEST DEAL ON A HOME WITH 2 PLUS ACRES
790 Little Macedonia Road NW, Supply
It’s the property size that makes this home in Supply a great deal. This home sits on more than 9 acres. There are only 17 homes currently on the market with a comparable size lot. Two of those are less expensive, but those homes are older trailers. The others are much more expensive, including several that come with a 7 figure asking price. This property is covered with fruit and pecan trees plus a grape vineyard, and a couple fishing ponds. The house has nearly 3,400 square feet with 3 bedrooms and 2 full baths. The listing price is $369,000 (or $108.53 per square foot.) Click here for more information.
BEST DEAL ON A HOME WITH BEACH ACCESS IN BRUNSWICK COUNTY
123 Frigate Drive, Holden Beach
Exclusive buyers agent, Debbie Freeman, recently toured this house. She loved the wood floors and the views. She also reported the washer and dryer are located underneath the kitchen counter just a few feet from the stove and stink. This home’s deeded beach access is located at the end of the street. The home has 3 bedrooms, 2 full baths and 1,700 square feet.The new price is $379,000 Click here for more information.
BEST DEAL ON A HOME WITH BEACH ACCESS IN NEW HANOVER COUNTY
110 Leeward Court
The beach access here belongs to the entire community. This house is located in the Kure by the Sea neighborhood which has HOA dues of only $150 per year. The home, with 3 bedrooms, 2.5 baths, multiple outdoor decks, and a widow’s watch with ocean views, is located on a cul-de-sac just 2 blocks from the ocean. It is NOT in the flood zone. Asking price $474,000 or $232.70 per square foot.
BEST DEAL ON A HOME WITH BEACH ACCESS IN PENDER COUNTY
109 Katelyn Drive, Surf City
After Florence this house was taken off the market after for some roof repair, but it was put back on after the work was completed earlier this week. This home comes fully furnished with 4 bedrooms, 3 baths and 2,300 square feet. It also comes with a deepwater boat slip on Banks Channel. The asking price is $559,000 or $243 per square foot.
BEST DEAL IN HAMPSTEAD
102 Collins Way
This home has been featured six weeks in a row. This new construction is listed at $90.17 per square foot. There are only 5 homes in Hampstead with a lower price per square foot ratio, and all of those homes are either condos or modular homes. 102 Collins Way is located in the Villages of Olde Point. It was built by Mungo Homes of North Carolina. The official listing highlights a spacious front porch, natural light flowing into the living room, an angled staircase and a “captivating” kitchen. The house has 6 bedrooms, 4 baths and is just over 4000 square feet. Listed price is $365,991.
BEST DEAL IN MIDTOWN
5447 Eastwind Road
For the fourth week in a row, this home takes our top spot in the Midtown area. It’s hard to tell from the picture, but this house actually has three floors. The third floor is a bonus/ media room that could be used as a fifth bedroom or a man cave. The house also has two family rooms on the main floor along with a separate dining room and laundry room plus screened in porch. Asking price is $299,000 which works out to $110.74 per square foot. Click here for more information.
BEST DEAL FIGURE 8 ISLAND
515 Beach Road North
This 4,237 square feet home is located directly across the street from the ocean. For the fourth week in a row, it takes the top spot on our list for Figure Eight Island. At $447.25, it is the lowest cost per square foot ratio on the island. 515 Beach Road North was built in 1998. It went on the market at the end of last year for an asking price of $1,895,000. The house has 5 bedrooms and 6 baths and ocean views throughout.
BEST DEAL IN BALD HEAD ISLAND
67 Fort Holmes Trail
For the fifth week in a row, this 4 bedroom, 3 bath, partially furnished home, tops the list on Bald Head Island. According to the official listing it is newly remodeled including a new roof, refurbished pine floors, and fresh interior and exterior paint. The asking price: $540,000, which breaks down to $240 per square foot.
This report is presented by the team at Just For Buyers Realty. As the name implies, Just For Buyers Realty serves only buyers. In a state where buyers purchase real estate at their own risk, the company’s mission is to serve as Superheroes for Buyers, using all of the secrets of the trade to protect buyers at every stage of the process. Contact Just For Buyers Realty by calling 910-202-4813 or e-mailing at info@JustForBuyersRealty.com, or visit www.JustForBuyersRealty.com.