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204 Grand Champion Rd, Wilmington, NC 28412

Estimated Market Value

$0
Range: $689,000 - $840,000
ZZillow Zestimate: $658,600
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Valuation Comparison

Our Estimate
$761,000
Range: $689,000 - $840,000
Zillow Zestimate®View on Zillow
$658,600
Range: $619,084 - $704,702
30-Day Trend
+$320(0.0%)

Zestimate® is a registered trademark of Zillow, Inc. Valuation models differ based on data availability, proprietary algorithms, and recent market shifts.

3Beds
3Baths
2,495SqFt
2017Built
1Garage

Your Capital Gains Tax Savings

Section 121 Primary Residence Exemption Analysis

Total Potential Taxable Gain
$581,500
Based on estimated value of $761,000 minus purchase price of $179,500
✅ You likely qualify! You've owned this home for 9.1 years (minimum 2 years required).
⚠️ This tax benefit may not last forever. The Section 121 exclusion is frequently debated in Congress. Knowing your equity options now is crucial for long-term wealth planning.

Single Filer

Up to $250K Exclusion

Protected Amount:$250,000
Capital Gains Rate:20%
Potential Tax Savings:$50,000

Remaining taxable gain: $331,500

Married Filing Jointly

Up to $500K Exclusion

Protected Amount:$500,000
Capital Gains Rate:20%
Potential Tax Savings:$100,000

Remaining taxable gain: $81,500

Tax Liability Comparison

* This analysis is purely an estimate based on assumed 20% capital gains rates and available public data. We are not tax professionals. Please consult a licensed CPA to verify your exact eligibility and tax implications.

Financial Projections

Estimated Net Proceeds

Estimated Cash in Hand:$553,629

Equity Breakdown

Cost to Build Today$561,375
Investor Quick-Sale Est.$496,080
Monthly Rental Est.$3,805/mo

Your Appreciation Story

Your Annual Return17.1%Compound growth rate
Historical Average3.5%Long-term US average
Above-Average Growth+$515,277Growth above historical 3.5% baseline

Your home has appreciated at 17.1% per year — well above the historical average of 3.5%. This extraordinary growth was driven by recent market conditions that are unlikely to repeat. Understanding this context is key to making smart decisions about your equity.


What Could Your Equity Do?

If you sold today and invested your $553,629 equity in the S&P 500, in 10 years it could grow to $1,435,970 — compared to an estimated $953,609 in total equity by staying in the home.


The Hidden Cost of Holding

Insurance (0.4% est)$254/mo
Maintenance (1% est)$634/mo
Opportunity Cost (5% est)$2,307/mo
Total Monthly Holding Cost$3,195/mo

* Estimates do not include county, city, or other annual property taxes.

While your home appreciates, it costs approximately $3,195/month to hold — including $2,307/month in opportunity cost from equity that could be earning interest elsewhere.

Market Pulse

Market Temp
⚖️ Moderate

A balanced market with relatively equal supply and demand — neither strongly favoring buyers nor sellers.

Your Neighborhood

Welcome to Wilmington, NC, a charming coastal city renowned for its historic downtown, vibrant arts scene, and stunning beaches just a short drive away. Living here means embracing a relaxed, yet engaging lifestyle, with easy access to a plethora of dining, shopping, and outdoor recreational opportunities. Families benefit from being part of the highly-regarded New Hanover County Schools district, while the community itself exudes a friendly, welcoming vibe.

Market Trend Predictions

1 Year Forecast$787,635Range: $776K - $822K
3 Year Forecast$843,734Range: $808K - $959K
5 Year Forecast$903,829Range: $840K - $1.1M

Estimated Monthly Equity Gain
+$2,220/mo

Based on moderate market appreciation projections, your property generates passive wealth each month.

⚖️Market Outlook & Sell Window

Stable market — no urgency, but conditions are fair

* Projections are estimates based on historical trends and local market data, and do not guarantee future performance.

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⚖️ This analysis is for informational purposes only and does not constitute professional advice. Always consult with a licensed local real estate agent, appraiser, attorney, and/or accountant before making any real estate decisions or entering into any agreements.
Buddy Blake

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Buddy Blake

Buddy Blake Real Estate

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