Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.
3Beds
2Baths
1,739SqFt
2003Built
1Garage
AI Property Analysis
This charming single-story cottage, built in 2003, offers comfortable living at 7903 Reunion Rd in Wilmington. Spanning 1739 square feet, the home features three cozy bedrooms and two full bathrooms, all designed for easy living. Key amenities include central air conditioning, a warm fireplace for cooler evenings, and a welcoming open porch, perfect for enjoying the North Carolina weather. The classic wood exterior and durable composition shingle roof contribute to its timeless appeal and good condition.
Nestled on a generous 0.426-acre lot with a low elevation, this property provides ample outdoor space for relaxation, gardening, or potential expansion. The detached 576-square-foot garage offers convenient parking for one vehicle and additional storage, adding significant utility to the property. This expansive lot, located within the desirable Laurel Lea Ph 1 subdivision and zoned R-20, presents a fantastic opportunity for homeowners to create their own private oasis.
Overall, this home combines practical features with a desirable location and a substantial lot. Its cottage style and well-maintained condition make it an inviting residence, offering both immediate comfort and potential for personalized enhancements or future outdoor projects. It's a prime example of single-family living with room to breathe in a sought-after Wilmington community.
Financial Projections
Estimated Net Proceeds
Estimated Cash in Hand:$530,550
These projections assume a 5.5% total sales commission, approximately 6% in closing costs and concessions, and mortgage payoff estimated from public purchase records (30-year fixed, 20% down payment, 5% assumed interest rate). Actual proceeds will vary based on negotiated terms, local costs, and current mortgage balance. This is not an appraisal or guaranteed estimate of net proceeds.
Equity Breakdown
Cost to Build Today$391,275
Investor Quick-Sale Est.$388,470
Monthly Rental Est.$2,997/mo
Market Pulse
Market Temp
⚖️ Moderate
A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.
Your Neighborhood
You're nestled in a wonderful part of Wilmington, NC, specifically in the charming Laurel Lea subdivision, offering that coveted blend of suburban tranquility with easy access to all the city's coastal delights. Living here means enjoying the reputable New Hanover County Schools and being just a stone's throw from the vibrant downtown, beautiful beaches, and plenty of shopping and dining options, fostering a truly engaging community vibe. With the current market showing robust demand, homeowners in this area are often experiencing strong appreciation, making it a desirable place to put down roots and feel confident in their investment.
Market Trend Projections
1 Year Forecast$620,473Range: $610K - $620K
3 Year Forecast$664,666Range: $632K - $665K
5 Year Forecast$712,007Range: $654K - $712K
Estimated Monthly Equity Gain
+$1,749/mo
Based on moderate market appreciation projections, this property's estimated equity may increase by approximately this amount each month. Actual appreciation varies and is not guaranteed.
⚖️Market Outlook & Sell Window
Stable market — no urgency, but conditions are fair
* These projections are hypothetical illustrations based on historical trends and local market data. Conservative: 1.8%, Moderate: 3.5%, Aggressive: 3.5%. Actual results will vary. Past performance does not guarantee future results. This platform is not acting as an appraiser or investment adviser. Projection date: August 2026.
⚖️ This analysis is for informational purposes only and does not constitute an appraisal, tax advice, legal advice, or investment advice. The platform and its operators are not acting as appraisers, accountants, attorneys, investment advisers, or tax advisers. Valuations shown are estimates based on publicly available data and automated models — they are not formal appraisals. Financial projections are illustrative and not guaranteed. Always consult with qualified professionals before making any real estate, financial, or tax decisions.