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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 $599,000 Price Average: $555,578
Size Range: 2,454 to 35,656 Sq. Ft. Size Average: 6,230 Sq. Ft.
Gallery List Map
1 18 of 19
1 2
Under Contract
Contingency
$ 599,000
2013 Trimaran Place
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,170 Sq. Ft.
Property Type: House
MLS® #: 100081037
Under Contract
Contingency
$ 599,000
2013 Trimaran Place | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100081037
House
3/1
3,170 s.f.
This Charming Charleston Style Home is a real gem. Located in the Lakeside Villa section of Landfall this home is close to the Eastwood gate. With Porches galore, you can't help but want to sit and unwind on one of three porches. This 3/4 bedroom home has hardwood floors throughout, built in bookcases in the living room, a see through fireplace between the Living room and dining room, corner fireplace in the family room and lots of molding. A spacious room and bath over the garage can be used as a home office, mother in law suite, media room or 4th bedroom. Lots of natural light illuminate this lovely home. Enjoy cooking in this bright and airy kitchen with stainless appliances, a farm sink and white cabinets.
Under Contract
Contingency
$ 595,000
1804 Mews Drive
Wilmington, NC 28405
Landfall
Bed / 3 Bath
3,153 Sq. Ft.
Property Type: House
MLS® #: 100077079
Under Contract
Contingency
$ 595,000
1804 Mews Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100077079
House
3
3,153 s.f.
Elegant French country style home in the Mews of Landfall. Conveniently situated near the front gate, tennis course, pool and sports club. The home is nestled on a quiet street which is impeccably maintained. First floor master bedroom and two additional bedrooms with one ideal for an in-home office/study. The gourmet kitchen was designed for cooking and entertaining boasting a large island, Wolf gas/convection stove, heated tile floors, custom lighting and cabinetry. Natural light is abundant due to the many windows and doors which flow into the backyard patio space. The outdoor space features a custom stonework, lighting, privacy fence which enhance both the style and feel of this unique home.
Under Contract
Contingency
$ 589,900
1429 S Moorings Drive
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,091 Sq. Ft.
Property Type: House
MLS® #: 100043461
Under Contract
Contingency
$ 589,900
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
$ 584,900
1237 Arboretum Drive
Wilmington, NC 28405
Landfall
Bed / 3 Bath
3,557 Sq. Ft.
Property Type: House
MLS® #: 100057581
Under Contract
Contingency
$ 584,900
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
$ 574,900
1716 Pembroke Jones Drive
Wilmington, NC 28405
Landfall
Bed / 3 Bath
3,121 Sq. Ft.
Property Type: House
MLS® #: 100074456
Under Contract
Contingency
$ 574,900
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
$ 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
$ 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
$ 560,000
2019 Graywalsh Drive
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,036 Sq. Ft.
Property Type: House
MLS® #: 100082775
Under Contract
Contingency
$ 560,000
2019 Graywalsh Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100082775
House
3/1
3,036 s.f.
Overlooking 2 iconic Landfall golf holes on the Nicklaus designed ''Ocean Course'', this 3 bedroom, 3 1/2 bath all brick villa features an open floor plan with a large, deep covered porch. Hardwood floors, custom crown moldings and built-ins including two masonry fireplaces complete this residence. The two car garage with bonus room above privacy both storage and providing for guests. A grilling courtyard patio and lush landscaping maintained by the association combine for an elegant, easy life style.
Under Contract
Contingency
$ 560,000
1728 Signature Place #42c
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,454 Sq. Ft.
Property Type: Condo
MLS® #: 100059041
Under Contract
Contingency
$ 560,000
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
$ 559,000
2020 Kenilworth Lane
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,453 Sq. Ft.
Property Type: House
MLS® #: 100080233
Under Contract
Contingency
$ 559,000
2020 Kenilworth Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100080233
House
3/1
3,453 s.f.
This all brick low maintenance home features a semi- open floor plan including study, dining room and vaulted ceiling great room. A generous first floor master suite has his and hers walk in closets and a spa like bath. The chefs kitchen includes huge center island for entertaining and granite/stainless. Upstairs are 3 additional bedrooms, 2 baths and an office. Additionally, there is an oversized 2 car garage and large terrace with powered retractable awning.This home is immaculate and move-in ready! Yard maintained by the association.
Under Contract
Contingency
$ 549,000
625 Dundee Drive
Wilmington, NC 28405
Landfall
Bed / Bath
35,656 Sq. Ft.
Property Type: Land
MLS® #: 100046237
Under Contract
Contingency
$ 549,000
625 Dundee Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100046237
Land
35,656 s.f.
Truly spectacular marsh front homsite in the coveted Highlands of Landfall. One of the few remaining Howes's Creek water view lots in Wilmington's premier gated community. Over 3/4 of an acre to build the home of your dreams. Great views of the #5 Nicklause marsh fairway across the street. Close proximity to the Arboretum gate for easy entrance into the community. Country Club memberships available for golf, tennis, fitness, dining and fun. Take advantage of nearby shopping and dining at some of the best restaurants and stores in town. Less than 5 miles to Wrightsville Beach and the splendor of the Atlantic Ocean. The salt life of Wilmington is beckoning your call.
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
$ 547,700
1412 S Moorings Drive
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,185 Sq. Ft.
Property Type: House
MLS® #: 100078124
Under Contract
Contingency
$ 547,700
1412 S Moorings Drive | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100078124
House
3/1
3,185 s.f.
Immaculate Landfall home with beautiful details throughout. This spacious 4 Bedroom, 3.5 Bathroom home boasts 8 ft doors throughout the interior. A first floor Master Suite which has a sizable Bathroom featuring double vanity & walk-in shower. Adjacent to the Master Bath is an enormous walk-in closet w/ access to the Laundry Room w/ granite counters. Kitchen is a chef's dream w/ ample Quartz countertops & cabinetry plus separate pantry; Stainless appliances include Refrigerator, Built-in Microwave & gas Range/Oven. Central Dining Room between Kitchen & Living Rm has built-in wet bar & cabinets perfect for entertaining. Check out the white beam ceilings in LR & gorgeous fireplace w/ white shiplap surround. There's a relaxing screened porch overlooking the fenced backyard. Your NextHome!
Under Contract
Contingency
$ 539,000
844 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,434 Sq. Ft.
Property Type: House
MLS® #: 100061371
Under Contract
Contingency
$ 539,000
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 regarded as one of the premier communities in the southeast. Now, you can own a nearly new, 4BR, 3.5BA brick home within the community that has it all. Enjoy the park-like setting and privacy that comes from backing up to conservation area, ensuring no one can build behind you. Watch the birds and other wildlife playing in their own habitat. Built to the highest standards by one of the area's leading custom home builders, this 2 story beauty 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, alarm system & more!
Under Contract
Contingency
$ 538,000
1909 Hallmark Lane
Wilmington, NC 28405
Landfall
Bed / 3/1 Bath
3,220 Sq. Ft.
Property Type: House
MLS® #: 100056876
Under Contract
Contingency
$ 538,000
1909 Hallmark Lane | Wilmington, NC 28405
Landfall
MLS® #
Property Type
Beds
Baths
Square Ft
100056876
House
3/1
3,220 s.f.
BRAND NEW PRICE!!! Looking for a gracious home on a beautiful corner lot in a wonderful neighborhood just a quick jog or bike ride to Wrightsville Beach? Come on in, this may be your new home. From the mature landscaping to the glowing hardwood floors this home is welcoming inside and out. Formal and casual rooms are spacious and ready for entertaining family or friends. Private parking and a 2 car garage with guest parking in the front. Rear patio overlooks the fully fenced backyard, with apple trees and blueberry bushes. The home features a first floor master suite, large laundry room, casual and formal dining rooms, a home theater upstairs, the "bonus" room above the garage has been finished and updated for use as a sound studio. Motivated Sellers!
Under Contract
Contingency
$ 538,000
1720 Signature Place #38c
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,587 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
2,587 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 300 sq. ft. of attic storage, outside shower, extensive molding, 2 courtyards with fountains. Yard is maintained by HOA for easy living.
Under Contract
Contingency
$ 520,000
900 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,868 Sq. Ft.
Property Type: House
MLS® #: 100059153
Under Contract
Contingency
$ 520,000
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
$ 520,000
849 Bedminister Lane
Wilmington, NC 28405
Landfall
Bed / 3 Bath
2,868 Sq. Ft.
Property Type: House
MLS® #: 100070365
Under Contract
Contingency
$ 520,000
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.
No listings available.
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