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.
We have two brand new categories on our list. We will now be featuring the best deals on homes located on a golf course, as well as the best deals on townhomes or condominiums. Other changes to our list this week include the deletion of one home that allowed its listing to expire and more comments from our team of agents who have visited these properties and offer their expertise on the good, the bad and the ugly.
Here is the list for November 9th, 2018.
BEST DEAL ON A GOLF COURSE
710 Barber Road, Boiling Spring Lakes
We had much debate about this property. There were homes that have a lower price per square footage but they were located in “golf communities” not on the course itself. There were also a few homes that overlooked 9 hole, par three courses, but they too were dropped from consideration. In the end, we choose this house that backs up to the 15th fairway of the Lakes Golf Course. The house is 3,200 square feet with four bedrooms and four baths. It also has a large media room and a fenced in backyard (to keep duffers from looking for stray shots.) It has been on the market for two months with an asking price of $319,000.
BEST DEAL ON A TOWNHOME/CONDO
121 Lincoln Place Circle, Leland
This townhome won the honor in this category because it is centrally located. It’s just over the bridge in Leland, in close proximity to downtown Wilmington. We also like the fact that the builder put the master on the ground floor, which is a feature many buyers prefer. The townhome has 3 bedrooms, 2 baths and a living area with a vaulted ceiling and skylights. Asking price is $130,000.
BEST DEAL DOWNTOWN
321 South 3rd Street
Our agent Debbie Freeman toured this home a few days ago. The first thing she noticed was the condition of the lawn of both this home and the one immediately to its south. They were overgrown with weeds. Inside, the home was well maintained, but she did notice some chips in the plaster, and an area upstairs where it looks like a patch of the wooden floors was replaced. But if you love older homes, this one was built in 1897, than you will fall in love all the character and charm. This house is known as the Lucy M. Giles Home. It has four bedrooms (you have to walk through one bedroom to get to the master bedroom) and four bathrooms, plus a studio apartment that the current owners use as a rental. The sellers have recently lowered their asking price by $40,000. The current price is $549,800.
BEST DEAL IN LELAND
10174 Morecamble Blvd
The official listing of this home says it was “lived in hard” and after we toured it this week, that line may actually be an understatement. This home is priced well under its value, but any potential buyer needs to be ready to spend thousands of dollars on repairs. Most of the carpeting will need to be replaced, and the interior walls will need to be repainted. There are signs of possible water damage, some missing windows in the back, and the entire house will need a deep cleaning. It is now in the hands of the Department of Veteran Affairs. Its only 5 years old, and once restored will be a thing of beauty. It has 5 bedrooms, 4 baths, and a new listing price of $324,000.
BEST DEAL ON A LUXURY HOME
2004 Seawind Lane
For a third 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.
BEST DEAL In LANDFALL
1707 Pope Court
Our agent, Tim Chappell, toured this home this past week. He was impressed by the beautiful crown molding and built-in cabinets, and he loved the fact that in the garage there is a staircase that leads directly to the second floor. He also discovered the refrigerator is actually located in a small room with the washer and dryer off the kitchen. For nine weeks, this home has earned its spot because it offers the lowest price per square foot in Landfall. Recently, the sellers have added 18 new windows and a new AC unit for the 3rd floor. There are two large rooms on the third floor (possibly a media room and bedroom/office) but there are no bathrooms on that level.
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.
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 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 CITY LIMITS
5447 Eastwind Road
Our Social Media and Marketing Director Doug Wahl and agent Debbie Freeman walked through this home the other day. The two of them had different opinions. If you’re like Debbie and prefer an open floor plan, this may not be the home for you. But if you are like Doug, and prefer something of an older style, with clear division and separation between rooms, then you will love this floorplan. For the 5th week in a row, this home takes our top spot in the Midtown area. Doug also loved the third floor which could be used as a bonus/ media room or a man cave. The house also has two family rooms on the main floor along with a formal dining room. The laundry is combined with the downstairs bathroom located directly in the center of the house. Asking price is $299,000 which works out to $110.74 per square foot. Click here for more information.
BEST DEAL ON A HOME WITH 2 PLUS ACRES
790 Little Macedonia Road NW, Supply
If you’re looking at a property like this one, then let’s just come out and say it : You better be prepared to invest in a riding lawn mower. Exclusive Buyer’s Agent Debbie Freeman visited this home last week and was blown away by the immaculate condition of the lawn. Now, not all of the 9 acres that make up this property are grass-covered. A good chunk is wooded. But the lawn is so big, that a push mower is out of the question. This is a home for someone who wants to be in a rural setting and loves their privacy. 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.
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.