Wilmington Real Estate

Wilmington Real Estate

The History of Wilmington

Wilmington was incorporated as a township in 1739. Wilmington was named by Governor Gabriel Johnson who named the area in honor of his patron, Spencer Compton, earl of Wilmington. As the area grew and more settlements popped up along the river the value of our location was soon realized. The importance of Wilmington was vital to North Carolina as a whole as being the home of the only deep water port in the state. The nickname “Port City” was appropriate and has stuck over the years.  Citizens began to reap the rewards of the commercial success of the port access. The city also played a critical role in North Carolina history. Wilmington and its prime location between the Cape Fear River and the Atlantic Ocean have continued to attract more and more citizens and tourist year after year. Although Wilmington is a smaller market compared to other parts of the state; with each passing year more and more college students, military personnel, retirees, tourist, families & individuals flock to Wilmington to experience the beach lifestyle. Wilmington and the surrounding communities are unique in preservation of history along with the luxury modern amenities. From the bricks of the river walk to the sand of the boardwalk, Wilmington has a little bit of something for everyone.  The city of Wilmington and the surrounding areas are full of history, arts, culture, fine dining, fun & so much more.

The Location of Wilmington                

Wilmington International Airport serves our area the commercial and private flights. Wilmington is located 120 miles southeast of the capital city of Raleigh, North Carolina. Wilmington is the approximately the halfway point  in between  Jacksonville, NC and Myrtle Beach, SC via US Highway 17. The Activities of Wilmington Within the city limits and surrounding areas of Wilmington you can find a multitude of activities that can be enjoyed throughout the year. Art shows, surf contests, charter fishing trips, historic tours, garden tours, amusement parks, aquariums, shopping centers, exercise parks, beach access, boating,  etc. can all be found within 20 minutes of the heart of Wilmington making it hard to visit without finding something wonderful to do.

The Water of Wilmington

Those who live in and around Wilmington appreciate the beautiful surroundings & bodies of water surrounding Figure Eight Island, Wrightsville Beach, Porters Neck, Hampstead, Carolina Beach, Kure Beach, Southport year round. As a result, property located on the Intracoastal Water Way, Atlantic Ocean &/or properties attached or adjacent to any bodies of water in the Wilmington area valued higher than other places with in the marketplace. However, the amount of land available on and near water in New Hanover, Pender and Brunswick Counties are growing scarce thus driving the cost of those homes & land in an upward direction.  

The Atmosphere of Wilmington

Wilmington truly is a wonderful place to visit and for those who are lucky enough to invest and live here a sense of pride and appreciation for our area is common among locals. Wilmington has artist, innovators, entrepreneurs, creators, business men & women, families, extended families, singles, students and vacationers driving and thriving within the area. Wilmington is full of locals and for most of the year vacationers enjoying the mingling of life by the ocean and a sense of calm happiness to be here.

The Real Estate of Wilmington

Wilmington has a niche real estate market as the middle ground for vacationers and many second homeowners &/or investors from other parts of the state and nation. It is no secret that the beach has always been a great place to invest. On top of the proximity to the beach, Wilmington is a growing market with several small colleges and the University of North Carolina at Wilmington as an attraction to the area by many investors, individuals, families, etc. to purchase, subscribe and enjoy the way of life of the area. Wilmington has an array of styles, types and price points of properties. Historic downtown offers the period homes of yesteryear with the bustling city surrounding what once. Midtown offers affordable housing along with the prestigious Forest Hills areas on the cusp of the Historic Downtown area. Ogden, Middle Sound Loop, Scotts Hill, Porters Neck, Hampstead & parts of the Topsail Beach area can offer a bit larger lot sizes depending on the community and proximity to amenities. Greenville Loop, Masonboro Loop, Myrtle Grove & the Monkey Junction area has grown tremendously over the years. In the most recent years, Monkey Junction south towards Carolina Beach has experienced great expansion through not only new residential availability but also through a lot of commercial growth. Of course, their always has been interest in the Airlie, Bradley Creek, Mayfaire & Landfall areas because of distance to midtown and Wrightsville Beach. However to live in these areas which are considered by most to be more exclusive; you will see the home/property values reflect that appreciation in pricing. Leland, Southport and the rest of Brunswick County for that matter has experienced tremendous growth over the not to distance past. Leland has grown over the past 5 years to include major national shopping retailers as well as many new home communities in the area allowing buyers who are willing to reap the rewards of living on the other side of the Cape Fear River. Wilmington and the surrounding areas and communities are valuable and available relatively reasonably compared to many other coastal markets. Properties in and around Wilmington can range in value from $1,000 to infinite numbers depending on the parcel & location.