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How to Get Best Price on Landfall Real Estate in Wilmington – Part 1

Running the Numbers and Submitting an Offer in Landfall

Awhile back I created a video on the best buyers agent for Landfall homes for sale.

Those who are in the top 1% of buyer agents are unbelievably passionate about service and representation and helping them WIN at real estate. What is a “win”?  It depends on the buyer. A couple of scenarios are just landing in the house against a competing offer, or getting the home 2-3% below market value, etc.  Every transaction is case by case and so is the definition of “win”.  Whatever a win is to their client is what the buyer agent aims for.

typical landfall home in the $500-600,000 range

typical landfall home in the $500-600,000 range

 

 

 

 

 

 

 

 

Example of Running the numbers and a Landfall offer price

So here is an example of running the numbers and assessing the comps on a home for sale in the neighborhood.  I’ll leave the address blank but suffice it to say the average sold price to list price ratio is 98% in Landfall real estate Wilmington.  My clients got the home for 95% on the home and it appraised $25,000 than our sales price.  It was a very challenging transaction all the way around in terms of the life circumstances of parties involved, stress and relational tensions, etc.  One of those transactions that is a blessing to close on and move on from emotionally for sure.   Sometimes real estate is 24/7 even in your sleep with intense transactions and closure is a relief.  I’ll leave it at that; it’s an INTENSE job at times working with people in challenging transitions 🙂

 

List price was $580,000:

  • 2034 Bay Colony Ln,Wilmington, NC  28405  — good comp.  Curb appeal not as good not as grand closed $521,000 Price up from here.  Also had 3 full baths instead of 4 like
  • 2118 Bay Colony Ln, good comp closed $514,000 but is on lot less than HALF the size of  2122 harborway.  price up big from here.  Also did not have 4 full baths
  • 2013 Graywalsh Dr,Wilmington, NC  28 closed $525,000 and lot is half the size as Harborway.  Price up due to lot size and only 3 full baths
  • 2408 Ocean Point Place Original kitchen but a small view of golf course closed $590,000 few days ago
  • 1820 Pembroke Jones Dr,Wilmington  good comp is under contract now listed after price dropped to $535,000
  • 1447 Quadrant Cir,Wilmington, NC  home is so different in style that perhaps it shouldn’t be in this list.  Closed 515K
  • 1317 Regatta Dr,Wilmington, NC  much smaller home closed $520K in Feb.
  • 2009 Spanish Wells Dr,Wil  a smaller home but on similar acreage.  however not an updated kitchen, but backs to nature reserve so some variables cancel each out.  Closed $565,000
  • 1105 Turnberry Ln,W  Closed $565,000 but is bigger.  Price back from this one.
so I think we have to offer net $520,000 (530,000 sales price and $10,000 seller subsidy) to be taken seriously.”

Part 2 is coming soon….You’ve never seen anything like it!

Price Range: $500,000 to $600,000 Price Average: $557,732
Size Range: 2,454 to 30,348 Sq. Ft. Size Average: 4,344 Sq. Ft.
Gallery List Map
1 18 of 22
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Under Contract
Contingency
$ 600,000
1109 Turnberry Lane
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,448 Sq. Ft.
Property Type: House
MLS® #: 100058585
Under Contract
Contingency
$ 600,000
1109 Turnberry Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100058585
House
3/1
3,448 s.f.
Situated in the family friendly yet quiet area of Landfall, this lovely brick home is just down the street from the Intracoastal Waterway & Landfall Lake walking trail. Light floods in to the open & airy Great Room, Kitchen & Breakfast Nook adorned w/hardwoods. A spacious 1st fl Master has his/hers walk-in closets, trey ceiling, frameless shower & whirlpool tub. An additional bedroom on the 1st fl is a perfect Guest Suite, Office or Den. Abundant walk-in closets & attic storage allow you to keep treasured family heirlooms. Dine, entertain & enjoy the view of the outdoors on raised patio overlooking the .47 acre yard w/ample room for a pool. Other features include granite & stainless Kitchen w/pantry, woodburning fireplace, Formal & Informal eating & gathering areas, oversized 2 car garage
Under Contract
Contingency
$ 599,900
1716 Pembroke Jones Drive
Wilmington, NC 28405
Landfall
Bed / 3 Bath
3,121 Sq. Ft.
Property Type: House
MLS® #: 100074456
Under Contract
Contingency
$ 599,900
1716 Pembroke Jones Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100074456
House
3
3,121 s.f.
Presented for sale is this immaculate, one level home located in the prestigious gated community, Landfall. Featuring a desired floorplan with hardwood flooring and crown molding running throughout, brand new carpet in the bedrooms & fresh paint. The home also includes a huge living room with high ceilings, built-in shelving, fire place & grand windows beaming with natural light. Also featured, are 4 large bedrooms, 3 full bathrooms and a large walk up bonus room over the garage. The home is complete with a private back yard with greenery and huge stamped concrete porch, perfect for enjoying the summer breeze. Landfall offers 2 private golf courses, 24 hour gated access, pool and more. Also located within 3 miles of Wrightsville Beach.
Under Contract
Contingency
$ 599,000
1429 S Moorings Drive
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,091 Sq. Ft.
Property Type: House
MLS® #: 100043461
Under Contract
Contingency
$ 599,000
1429 S Moorings Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100043461
House
3/1
3,091 s.f.
Country Club living on Landfall's Nicklaus course. Open floor plan with over 3000 square feet mainly on 1st floor with Bonus room with full bath upstairs. This home's library can double as an office and has its own entry. Large outdoor covered patio has a gas fireplace with beautiful views of the golf course. Conveniently located to Landfall's back gate with easy access to all that Mayfaire has to offer.
Under Contract
Contingency
$ 595,000
1620 Dye Place
Wilmington, NC 28405
Landfall
Bed / 2/1 Bath
2,561 Sq. Ft.
Property Type: House
MLS® #: 100069482
Under Contract
Contingency
$ 595,000
1620 Dye Place | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100069482
House
2/1
2,561 s.f.
This is the one you've been waiting for! All brick 4 bedroom, 2 1/2 bath villa overlooking Landfall's Pete Dye course and practice facilities. The expansive views span 4 holes and the Pete Dye Lake. This charming floor plan features a gracious foyer with beautifully covered staircase, formal dining with 12 foot ceilings, a large great room anchored with slate fireplace and raised partially. This kitchen features granite counters with island and sitting area. A first floor master with walk-in closet and en-suite bath that overlooks a large brick terrace complete with powered awning, new carpet, paint and refinished floors!
Under Contract
Contingency
$ 594,900
1237 Arboretum Drive
Wilmington, NC 28405
Landfall
Bed / 3 Bath
3,557 Sq. Ft.
Property Type: House
MLS® #: 100057581
Under Contract
Contingency
$ 594,900
1237 Arboretum Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100057581
House
3
3,557 s.f.
Located in the heart of Landfall walking distance to the Landfall Lake and the Intracoastal, this beautifully updated brick home expresses timelessness and modern convenience all in one. The open family room/kitchen concept is ideal for a casually elegant lifestyle with updated kitchen featuring granite countertops, center island, built-in oven and gas range. The family room features a gas fireplace flanked by custom cabinetry. Step outside onto your deck or screened porch to enjoy a private backyard oasis nestled among live oaks, azaleas & mature landscaping. There is plenty of room for all with a large master suite and two additional bedrooms on the 2nd floor, a guest suite over the garage & a two room 3rd floor retreat perfect for the family theater room & home office and/or craft room.
Under Contract
Contingency
$ 585,000
1702 Pope Court
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
4,080 Sq. Ft.
Property Type: House
MLS® #: 100051444
Under Contract
Contingency
$ 585,000
1702 Pope Court | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100051444
House
3/1
4,080 s.f.
Decompress as you drive home while overlooking views of the ICWW. The tranquility of the water and boating/golfing activity is part of Landfall's allure and nothing's more alluring than this majestic Brick Colonial home. The traditional design features 10' ceilings, elegant crown moldings, 2 fireplaces, sturdy built-ins, a butler's pantry and wet bar. There is ample storage between the attic and area over the 2 car garage. On the 2nd floor you'll find a loft area, 2 other bedrooms and a large Master Suite that opens into a spacious bathroom that features a beautiful freestanding soaker tub. Discover ultimate relaxation drinking morning coffee on the private screened porch. This is truly the perfect location in Landfall as the ICWW, Dye Golf Course and the Clubhouse are close by.
Under Contract
Contingency
$ 569,000
805 Fox Ridge Lane
Wilmington, NC 28405
Landfall
Bed / 2/1 Bath
2,919 Sq. Ft.
Property Type: House
MLS® #: 100065619
Under Contract
Contingency
$ 569,000
805 Fox Ridge Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100065619
House
2/1
2,919 s.f.
You will find this beautiful brick home nestled on a half-acre lot in the heart of Landfall, a prestigious golfing community. Come take a look at this desirable split floor plan with 3 bedrooms, 2 1/2 baths and a spacious second floor bonus room, a large master suite with an updated bath and an oversized dining room designed for large gatherings. Extensive crown molding, trim, 10 ft ceilings and hardwood floors throughout compliment this well built and meticulously maintained home. A large kitchen with double ovens, granite countertops, multiple work areas and abundant storage is located in the center of the home overlooking the breakfast nook and sunroom. Take notice of the many windows inviting natural light throughout. All windows were replaced in 2012 and have a transferrable lifetime
Under Contract
Contingency
$ 565,000
844 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,434 Sq. Ft.
Property Type: House
MLS® #: 100061371
Under Contract
Contingency
$ 565,000
844 Bedminister Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100061371
House
3/1
3,434 s.f.
For years, Landfall has been one of the premier communities in the southeast. Now, you can own this nearly new, 4BR, 3.5BA beauty within the community that has it all. Built to the highest standards by one of the area's leading custom home builders, this 2 story brick home offers nearly 3500sf of high end features at every turn. The lavish master features a spacious en suite with massive walk in shower, his & her vanities and a closet fit for a king and his queen. Extensive mouldings throughout, striking granite, gas FP, hand scraped hardwoods, gas range, butler's pantry, built ins, alarm system, generously sized bedrooms, covered front porch, screened porch out back, and so much more! Home backs up to conservation area for guaranteed privacy.
Under Contract
Contingency
$ 563,790
836 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3 Bath
3,117 Sq. Ft.
Property Type: House
MLS® #: 100070381
Under Contract
Contingency
$ 563,790
836 Bedminister Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100070381
House
3
3,117 s.f.
The Harbor Oak will soon be Wilmington's most popular home and floorplan! With 3129 sq.ft 4 Bedrooms and 3 full bathrooms. Offering a formal dining room, large butlers pantry and enormous walk in pantry, spacious and large kitchen overlooking great room and living area and a first floor bedroom and full bath. The Owners Suite bathroom boast an amazing oversized spa shower and sitting room off the main bedroom. Large Loft/ Game Room, two other large bedrooms and laundry room join the perfectly laid out second story of this amazing floorplan.
Under Contract
Contingency
$ 559,900
1909 Hallmark Lane
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,220 Sq. Ft.
Property Type: House
MLS® #: 100056876
Under Contract
Contingency
$ 559,900
1909 Hallmark Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100056876
House
3/1
3,220 s.f.
Beautiful brick home in sought after Wilmington gated community of Landfall. Hardwood floors throughout most of the home. Open style floor plan allows for light and airy rooms. Formal and family dining rooms. Fully loaded theatre on 2nd floor. Recording Studio on 2nd floor. Master Suite on 1st floor. Custom wood blinds throughout the home. Propane fireplace in living room. Kohler fixtures in every bathroom. Murray-Feiss light fixtures. Energy Star rated appliances. This home also offers one of the largest yards in the Woodbridge subdivision with a fully fenced backyard. Fruit trees and blueberry bushes are just an added bonus.
Under Contract
Contingency
$ 559,000
2004 Spinnaker Place
Wilmington, NC 28405
Landfall
Bed / 2/2 Bath
3,087 Sq. Ft.
Property Type: House
MLS® #: 100048312
Under Contract
Contingency
$ 559,000
2004 Spinnaker Place | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100048312
House
2/2
3,087 s.f.
Immaculate 3 bedroom home with stunning views of the Pete Dye Lake. Kitchen and Master Bathroom have been recently updated. Light, open floor plan and shows beautifully!
Under Contract
Contingency
$ 549,000
1146 Arboretum Drive
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,688 Sq. Ft.
Property Type: House
MLS® #: 100068341
Under Contract
Contingency
$ 549,000
1146 Arboretum Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100068341
House
3/1
3,688 s.f.
One of a kind Frank Lloyd Wright inspired Custom Craftsman styled home. This unique property features a central Great Room with two story vaulted ceiling, featuring access to bedrooms, formal living and dining areas, and home office flowing from that central space. A classic contemporary design that is timeless and will never go out of style! This home is almost ''beach'' like with its bead board wainscoting, and maple hardwood floors. Wrap around porches for breeze catching relaxation.
Under Contract
Contingency
$ 549,000
1728 Signature Place #42c
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,454 Sq. Ft.
Property Type: Condo
MLS® #: 100059041
Under Contract
Contingency
$ 549,000
1728 Signature Place #42c | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100059041
Condo
3
2,454 s.f.
This all brick end unit was completely renovated in 2010. New custom kitchen, wood flooring, carpet, paint, wallpaper, custom baths, cast stone fireplace, weighty moldings and blue stone terrace. Master and guest suite down, third suite up. Spacious closets and climate controlled storage. Enjoy views from living areas and dining of the spring fed pond and garden area. Colony Club is located within walking distance to Drysdale Center and walking trails. Exterior grounds and building maintenance provided by association.
Under Contract
Contingency
$ 548,800
1704 Bellevue Court
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,124 Sq. Ft.
Property Type: House
MLS® #: 100052937
Under Contract
Contingency
$ 548,800
1704 Bellevue Court | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100052937
House
3/1
3,124 s.f.
This brick villa home offers it all from an open floor plan with a vaulted living room and access to the wraparound deck, to an open kitchen/family room. Upstairs you have three bedrooms, two baths with large closets and great walk-in storage. This home will surprise you with extensive outdoor living - screened porch, deck with built-in benches and a fenced yard with large shade trees and total privacy on a cul-de-sac. You'll love how large this home lives!
Under Contract
Contingency
$ 547,952
849 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,868 Sq. Ft.
Property Type: House
MLS® #: 100070365
Under Contract
Contingency
$ 547,952
849 Bedminister Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100070365
House
3
2,868 s.f.
ESTIMATED AUGUST DELIVERY!!! Emerald homes is introducing one of its most popular floorplans to Landfall. The all brick ''Tulip'' floorplan has a very open feel with no wasted space. A 4th bedroom with a full bath upstairs is perfectly suited for a guest room. Hardwood floors in the living area, granite and tile backsplash in the kitchen and a fireplace in LR.
Under Contract
Contingency
$ 547,890
900 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,868 Sq. Ft.
Property Type: House
MLS® #: 100059153
Under Contract
Contingency
$ 547,890
900 Bedminister Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100059153
House
3
2,868 s.f.
Emerald homes is introducing one of its most popular floorplans to Landfall. The all brick ''Tulip'' floorplan has a very open feel with no wasted space. A 4th bedroom with a full bath upstairs is perfectly suited for a guest room. Hardwood floors in the living area, granite and tile backsplash in the kitchen and a fireplace in LR.
Under Contract
Contingency
$ 541,410
723 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,643 Sq. Ft.
Property Type: House
MLS® #: 100047482
Under Contract
Contingency
$ 541,410
723 Bedminister Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100047482
House
3
2,643 s.f.
JUST A MONTH OR TWO AWAY FROM COMPLETION!! Emerald homes is introducing on of its most popular floorplans to Landfall. The all brick Forrester floorplan has a very open feel with no wasted space as the kitchen flows seamlessly into the great room. Check out the beautiful dining room with an upgraded coffered ceiling for its intended purpose. A 4th bedroom with a full bath off the great room is perfectly suited for a guest room. Hardwood floors in the living area, granite and tile backsplash in the kitchen and a fireplace in LR.
Under Contract
Contingency
$ 538,000
1720 Signature Place #38c
Wilmington, NC 28405
Landfall
Bed / 3 Bath
3,000 Sq. Ft.
Property Type: Condo
MLS® #: 100073722
Under Contract
Contingency
$ 538,000
1720 Signature Place #38c | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100073722
Condo
3
3,000 s.f.
This 3-bedroom condo offers view of a serene pond, elegant gardens, high ceilings and spacious rooms. This special end unit has extra footage in kitchen, approximately 1,000 sq. ft. of storage, outside shower, extensive molding, 2 courtyards with fountains. Yard is maintained by HOA for easy living.
No listings available.
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