5 Signs It's Time to Sell Your Alaska Home

While every homeowner's reasons for selling their Alaskan home varies, there are a few significant signs that it's time to move on to a new property. Perhaps you've outgrown the space, your job is taking you to another area, or you're simply ready to take advantage of the current market— no matter what your reasoning is, you can count on Madden Real Estate to help you through the process.

Below are five signs it's time to move on to a new home in Wasilla, Fairbanks, Chugiak, Anchorage, Palmer, North Pole or Eagle River:

The market is booming
When sellers have an edge in the market, it's a great sign it's time to list your property and move on! If buyer demand is high and you have equity in your home (Find out with our Home Valuation!), you might like to sell and find your next dream home.

Your costs are too much
Not all homeowners are prepared for the costs that come with a property's upkeep! If you find yourself in this position and are looking to reduce your monthly maintenance costs or mortgage payment, it is probably time to sell and find a property that better suits your financial situation.

You've outgrown the space
If your family is growing, but your home is not, it's time to find a bigger space! Madden Real Estate can provide a list of available properties that meet your requirements for number of bathrooms, bedrooms, and square footage. 

You've been there five years
While the National Association of Realtors reports that ten years is the average amount of time a homeowner spends in their home, it is recommended that you at least stay five years to allow yourself to build equity. After all, when you begin paying your mortgage, the first payments are almost always all interest. Unless your need to move is urgent, consider staying five years and then making your decision to move.

Your value is favorable
As I mentioned above, you can use our Home Valuation tool to find out the value of your property in today's market. If you noticed that your neighbor got a great price for their home, it might be time for you to try selling and reap the same rewards!

Ready to make the move? Give Madden Real Estate a call today!

Wes Madden, CEO
Madden Real Estate with Keller Williams Realty Alaska Group
(907) 452-3000

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