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Wilmington Communities for First-Time Homebuyers Main Photo

Wilmington Communities for First-Time Homebuyers


Posted: August 29, 2017 by Melanie Cameron

Buying your first home can feel like the most daunting task in the world. Your dream home is several thousand dollars out of your reach, but you also don't want to buy one you don't love. But it doesn’t have to be that way. There are plenty of Wilmington communities where first-time homebuyers can find great homes in great areas without stepping outside their price range. We found these communities by searching for those that have options for homes between $75,000 and $175,000. However, other options can also be found outside of that range.


Here are three great Wilmington communities for first-time homebuyers:


Northchase

Located just outside the Wilmington city limits, Northchase residents are conveniently exempt from city property taxes. The quality homes constructed in Northchase come in many shapes and sizes. Townhomes, single-family, and patio homes are available. The diverse range of houses make it an excellent option for homebuyers on a budget, allowing them to select just the right amount of space.

Additionally, the community has some terrific amenities. Built around several small lakes, nature trails and green spaces dot the landscape. There is also a playground, tennis courts, and recreation facility, making a variety of activities available to residents. Not to mention, there’s a community pool! Certainly the most popular amenity, the pool is available to residents and is a frequented spot in the summer.

Northchase is an excellent choice for first-time homebuyers because of the excellent home selections and variety of amenities.


Crestwood

A more affordable option than Northchase, Crestwood homes deliver the same value without the attachment of an HOA. Though many are a few decades old, owners renovate and replace much of them. It isn’t uncommon to see desired new home features found in Crestwood homes. Stainless appliances, granite countertops, refinished floors, new roofs or HVACs, and fresh coats of paint are common alterations made.

Crestwood is an excellent option for those who don’t want an HOA looming over them while also delivering quality, affordable homes. 


Downtown

Downtown Wilmington can sometimes feel impossible to attain for first-time homebuyers. Most prospective homebuyers imagine downtown homes as being along the river with spectacular views and history, making them worth millions. However, there are plenty of downtown areas that suit first-time homebuyers. In fact, many of the homes are smaller and much more accommodating to the wallet of singles or smaller families.

Similar to Crestwood, downtown homes don’t usually have an HOA or amenities and are generally older homes that have been updated. But while Crestwood features many ranch-style homes, downtown homes are more traditionally constructed. These homes' locations are terrific as it provides a quick route to downtown or towards the center of the city.

Downtown can be a great option for first-time homebuyers, because it helps them avoid HOA dues while providing updated homes.

 

If any of these communities interest you or you would like more information on anything else to do with Wilmington real estate, contact The Cameron Team today. We would love to assist in your home search.

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