One home makes its debut on our list this week, and one of the homes we featured last week dropped its price making it an even better deal. Here is the list for May 2, 2019.
BEST DEAL IN LANDFALL
813 Oak Creek Place, Wilmington
Landfall is one of the most prestigious neighborhoods in Wilmington. The gated community is home to two private golf courses and is close to the Mayfaire Shopping district, and Wrightsville Beach. In our opinion, the best deal in Landfall is a 4,100 square foot home with four bedrooms and three baths. It is listed at $145.35 per square foot. More than 200 homes have sold in Landfall in the last twelve months. Only three had a lower price per square foot. So, yes, this is a good deal on paper, but it’s not just the figures we like. The home has been recently updated with a new roof, fresh exterior paint, new windows downstairs, and new carpeting upstairs. The kitchen was remodeled a few years ago to include granite counter tops, double ovens and a five burner gas stove top. The home was built in 1993 and still has some features that were popular at that time. For instance, the floor plan is more traditional with the kitchen, dining room and living room all separate from each other. With an asking price of $599,000, we think this home is a good value, particularly if you need a lot of space and have an appreciation of living in one of the area’s premier neighborhoods
BEST NEW DEAL ON THE MARKET
9676 Rivergate Drive, Ash
It was a very active week, with 246 properties coming on the market in the tri-county area. The one we choose as the best deal is located in Ash, North Carolina. Ash is a small town in Brunswick County. It’s 15 minutes west of Shallotte, 30 minutes from Ocean Isle, 45 minutes from Southport, 50 minutes from Leland and about an hour to Wilmington. So this is a place for people who want to avoid the hustle and bustle. The log cabin home sits on almost a half acre with three bedrooms and three baths. The owners have recently made some renovations including new paint and new carpeting. They also have plans to add a new water heater and to rescreen the back porch. The house is located within walking distance to the Waurika River, which puts it in the flood zone. The listing agent tells us that during Florence water did not get into the home, but water did set around the house. We’re told the current owners pay about $500 annually for flood coverage. Another number worth noting: the last time this home sold in 2008, at the height of the market, this house was purchased for $325,000. It is now listed at $249,000.
THE BEST DEAL ON A GOLF COURSE
489 River Bluff Drive 4, Shallotte
PRICE REDUCED BY $5,000
The Arnold Palmer designed River’s Edge Golf Club in Shallotte is surrounded by several different townhome communities. Most of them are three bedrooms, 4 bath units, around 1,700 square feet with listing prices in the low 200’s. But, along the course’s back 9, is a development that can not be compared to any of the others. The homes on River Bluff Drive fit are all over 2,500 square feet, with four bedrooms, four baths, and the modern perks of granite countertops, walk-in pantries and closets, crown molding, private elevators, hardwood floors and so much more. In the past year, 7 of these units have come on the market, most ranging between $324,000 and $359,000 in price. The one we think is the best deal has reduced to $294,999 and it comes fully furnished. In addition, home buyers also get access to a community gym, an indoor and outdoor pool and an oceanfront clubhouse on Holden Beach.
THE BEST DEAL IN OCEAN FOREST LAKES
304 Okeechobee Rd, Wilmington
The home is 12 years old, but it feels newer. The owners have added new kitchen floor tile, new carpeting in the bedrooms and new paint. The house sits on high ground, out of the flood zone, with a deck that overlooks the back yard. We were most impressed by the size of the screened porch which is big enough for sitting and dining furniture. Despite a few cosmetic issues like a fogged window and caulking separating on the kitchen counter and bathroom vanity, we still think this home is a deal. Asking price $389,995.
BEST DEAL ON A LUXURY PROPERTY
134 Sound View Drive, Hampstead
The house we have chosen is right in the center of this photo, the one with the green roof. We’re using this wide view because there are two options to buy this property. The first, for $985,000. includes a 50′ deeded boat slip which you can see in this picture. If you don’t want the slip, you can purchase just the house for $899,000. The house is located near the Harbor Marina, which is part of Belvedere Plantation. It is just over 3,800 square feet with 3 bedrooms and 4 bathrooms. The WOW FACTORS come from the floor to ceiling windows (which provide views of the Intracostal and Topsail Island) and the Douglas Fir wood beams used in the main living areas. The house also includes double ovens, a gas stove, wet bar, outdoor speaker system, an oversized walk-in closet (actually the size of another bedroom) and an elevator. What makes this place special is the quality and craftsmanship of the construction.
BEST DEAL ON A HOME BELOW $200,000
809 Chestnut Street, Wilmington
The way this is decorated proves you can do a lot with a little space. Built in 1913, this home has just over 1,400 square feet with three bedrooms and two baths. The owners have fitted the master bath with a free standing claw foot tub. The kitchen is a nice size, especially for a house this age, and it’s done in a country style with plenty of open shelves. What separates this home from others in the area is the outdoor living space (pictured above.) The home is currently used as an investment property with a monthly rent of $1200. Some issues of concern are the lack of off street parking and, while this is in a part of town that is being revitalized, some of the other homes in the area don’t look anywhere near as nice as this one. The new asking price $194,000.
BEST DEAL IN CASTLE HAYNE
3912 Lynn Avenue
Where in New Hanover County are you going to find 2,800 square feet for less than $260,000? From the outside, this home looks unassuming, but we were pleasantly surprised the moment we walked in the front door. The wood floors appear to be in great condition. There’s a ton of natural light flowing into all the rooms. The kitchen has stainless steel appliances and an island counter with a six burner stove top. The counters are not granite, but the Formica is in great shape and would only need to be replaced as a preference. The living and dining rooms are huge and the master bedroom is especially large. There’s also a mini master with its own full bath and an office that could easily function as a guest bedroom. The wow factor comes from the closets! The master walk-in closet is what you’d expect to find in a home priced two or three times more. There is also a walk-in closet in the guest bedroom that is a nice size. You won’t be surprised if there are a few potential drawbacks. One of those is the house is on a septic system that is permitted for only two bedrooms. Still, at $89 a square foot, this is a deal. Asking price $259,900.
BEST DEAL ON PLEASURE ISLAND
1506 Mackerel Lane, Carolina Beach
This home is five blocks from the ocean and from the shared rooftop deck, you can see the ocean. The average price per square foot in this part of the island for a townhome/condo is $196. By contrast, this home is a steal at $138.64. The first thing we like is the size. The master bedroom is large. In addition, the property has a “mini master” with its own ensuite bathroom. There are three other bedrooms and two bonus rooms that could be converted into sleeping areas if needed. We also liked the detail; including six-inch baseboards and triple crown molding. In the kitchen are all the perks today’s buyer is looking for: granite counter tops, tiled backsplash and stainless steel appliances. If we are going to be nit-picky, for a home this size the dining room was a little on the small size and navigating four floors without an elevator may be an issue for some buyers. Asking price is $409,000
BEST DEAL IN THE BLUFFS ON THE CAPE FEAR
3769 Golden Pear Run NE, Leland
By our count, there are 16 developments in the tri-county area named “bluff” something or another. You’d be forgiven if you can’t keep them all straight. Having said that, The Bluffs on the Cape Fear, deserve to stand out. Like many new neighborhoods, it has all the extra amenities: clubhouse, pool, pickle-ball courts, walking trails, man-made lake, beach clubhouse at Oak Island and future plans for a marina. This particular house made our list, because it gives you access to all the above for less than $400,000. The house offers an open floor plan with four bedrooms and four baths in just under 2,500 square feet. The house has everything you’d expect, like granite countertops and stainless steel appliances. It even has some extras like a telescoping door that leads out to the screened porch. From there you have a perfect view of a beautiful outdoor fireplace, which may be our favorite part of the home. Asking price $379,900.
BEST DEAL IN CAROLINA PLACE
2002 Metts Avenue, Wilmington
Carolina Place is one of the more trendy neighborhoods in Wilmington. The homes were built in the 1930s and ’40s and in the last couple of decades, most of them have been updated and remodeled. This Dutch colonial style home was built in 1940. The median price per square foot in this area is $175. This home is listed at $151.09. The current owner has been using it as a vacation home, and it’s only occupied half the time. It’s 1979 square feet with four bedrooms, three bathrooms and original hardwood floors. A rear deck with an arbor was recently added. You can fit a couple of compact cars in the driveway, but as is the case with many homes in this area, street parking is the norm. Asking price is $299,000.
BEST DEAL IN THE FARMS OF BRUNSWICK:217 Carolina Farms Blvd; Carolina Shores $289,000 Click here for more information.
BEST DEAL ON A LARGE HOME:6719 Finian Drive, Wilmington $725,000 Click here for more information.
BEST DEAL ON A HOUSE WITH A BOAST SLIP: 1019 Marshside Way, Leland $425,000 Click here for more information.
BEST DEAL UNDER $150,000: 486 Hollyview Drive, Bolvia $119,000 Click here for more information.
THE BEST DEAL WITH A POOL: 1860 Oak Harbour Dr; Ocean Isle $424,900 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. 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 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. Contact Just For Buyers Realty by calling 910-202-4813 or e-mailing info@JustForBuyersRealty.com, or visit www.JustForBuyersRealty.com.