While the holidays may have just ended, the spring real estate market will be here before we know it in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and the surrounding areas. Soon a wave of potential buyers will take to searching for their perfect property as the weather starts to turn around. Not only do the warming temperatures play a role in getting buyers out and about to tour homes for sale, but lower inventory just may give sellers an edge.
However, that doesn't always mean your Alaskan home is ready for buyers to step inside and prepare their offers. You may need to do a bit of prep work before you're officially in the game! Below are four ways to get ahead of the spring real estate market this year and make your home stand out from the rest in ...
Tis the season to sell your Alaskan home! In past blog posts, we have shared Staging Tips for Selling Your Home During the Holidays and while it can indeed be a great move to list this time of year, you'll want to make sure you are following what NOT to do during the holidays as well.
Below are five things not to do during the holidays if you plan to sell your Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole home:
Do Not: Put up damaging decorations
It's exciting to deck the halls and turn your home into a magical winter wonderland, but if you can, avoid doing so with damaging decorations. Anything that can leave marks or holes on your walls, scuff the floors, rip the carpet, even leave scratches on the ceiling...
When you decide to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole, you begin to dream about how much profit you can make and moving to your next location. However, there is one figure you'll need to determine before you can make those dreams a reality— your home value.
It is not uncommon for homeowners to over-estimate how much their property might be worth, so as your local real estate experts, the Madden Real Estate team has put together a few tips that can help you determine just that.
Comparable properties
One of the first places to look to help find your home value is a list of comparable properties in the area. Look at homes that have a similar square footage to yours or those with the same types of features. Even if you think your home is better than the one...
Summer is one of the best times to tackle that long homeowner to-do list! Whether it’s replacing your front door, installing new light fixtures and landscaping, or even as big as renovating an entire bathroom, there are certain projects that can give your home a much needed boost in terms of looks and value!
But don’t be too quick with the hammer— instead take a look at our list of Alaskan home projects that will pay you back when the time comes to sell.
According to real estate news outlet Keeping Current Matters, the following four projects will yield you the highest return on your investment:
Bathroom Remodel
You may have heard that kitchens and bathrooms help sell homes and it’s true! A minor bathroom...
Now that we're inching toward the summer season and the real estate market has certainly been heating up, you may have heard that now is a great time to sell your Alaskan home.
There are indeed more buyers in search of properties in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, and North Pole, home prices are rising, and landing top dollar is not so uncommon anymore— but just remember, timing is everything!
The assumption that spring is the proper time is not always accurate. Below are four things to consider if you're ready to sell your Alaskan home.
Spring isn't always best
Many believe that spring is the best time to sell your home, however according to Realtor.com, "one...
With buyer demand soaring and inventory still trending lower, the ball is in the seller's court in the local Alaskan real estate market.
But that doesn't mean you can simply place a "For Sale" sign in your yard and the offers will begin to pour in. There are several mistakes that can actually hold you back from selling your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole and as your local experts, we've included them below!
If you plan to sell your Alaska home this summer, be sure to avoid the following:
1. Overpricing
In order to attract buyers and prompt them to write an offer, your home needs to be priced well from the beginning. Overpricing can cause buyers to pass over your property entirely, given their search parameters, or wonder why they...
Excitement runs high when you have an accepted offer on your Alaskan home, but what comes next could bring you down if not properly prepared for— the home inspection. The inspection could make or break your deal and is a contingency often written into most offers, meaning the buyer could walk away if the results are less than ideal.
Below are just a few of the items that inspectors will be looking for during their time at your property in Fairbanks, Eagle River, Palmer, Wasilla, North Pole, and beyond:
1. Structure: Integrity of your foundation, state of windows, doors and frames
2. Grounds: Faulty grading, dilapidated pathways and walks, trees, and any standing water
3. Roof: Defects in shingles, flashing, fascia, gutters, chimney and skylights
4. Interiors: Water damage,...
With the weather beginning to warm up and the official start of spring finally here, many homeowners in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, and North Pole are looking for ways to improve their property.
But if you're one of those making a home to-do list this spring, it's important to consider the projects that will be worth your while in terms of boosting curb appeal and adding value.
Consider the following home projects that will pay off when it comes time to sell your home in Alaska:
Clean it up
Before you can start on improvement projects like adding new landscaping or painting the shutters, start by giving your home's exterior a good cleaning. Power wash away all of the grime, dirt and mildew that could have built up over the long winter. Wash the windows, inside and out, and don't forget to...
As an Alaskan homeowner, you've probably heard dozens of real estate myths bouncing around from family and friends— running the gamut from when to sell your home to how much buyers are willing to pay.
However, it's important to note that these should be taken with a grain of salt—unless they come from a trusted real estate expert—and in some cases, ignored entirely.
If you plan to sell your home in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, North Pole, or beyond this year, you will want to ignore the following home selling advice:
You will sell at the open house
Open houses can be beneficial for Alaskan homeowners in that they attract many eyes to your property at once— but that doesn't mean it will always end in a sale. While many buyers may come through your home, don't expect all of them to make an offer. Private...
When the Alaska real estate market is hot, buyer demand is high, and sellers have the advantage, of course looking for the highest offer is a common strategy. However, there are a few other factors—besides money—that can contribute to a strong offer.
If you’re selling your Alaskan home this year, be sure to dive deeper when reviewing those offers and see if the following factors are included. Every seller would do well to consider all aspects, beyond the dollar amount, before settling on a buyer!
Financing Methods
As a home seller in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole, you likely have a dollar amount in mind that you would like buyers to meet or exceed. But just remember that buyers need to prove...
Many homeowners in Alaska are now realizing the positive direction in which the market is heading— and as a result, plan to sell their homes in 2022. Low mortgage rates are said to continue, as well as steady home value appreciation, and an increasing number of motivated homebuyers.
If you’re ready to sell in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, or the surrounding communities this coming year, here are three home seller’s resolutions that can help bring you success in 2022.
Appeal to buyers online
As your real estate experts in Alaska, Madden Real Estate has a strategy for seeking out homebuyers in the first place they look— online. Listing photos are especially important to grabbing a buyer’s attention. Staying away from the online aspect of a listing or not putting...
Thanksgiving is in just a few weeks and Alaskan homeowners may already be planning to bring all of their decor out of storage, preparing to deck the halls for the holidays. However, if you're a home seller, there are a few key rules to keep in mind as you decorate.
You can find great success in selling your home during the holiday season and the right staging can help buyers feel more at home. Remember the following tips for staging during the holiday season and you could just give your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and beyond the competitive edge it needs to sell!
Curb Appeal Begins at the Front Door
The front door is one of the first...
When you think about the holiday hustle and bustle—shopping, events, decorating—it may seem like the last thing you should add to your plate is selling your home.
After all, aren't spring and summer the best times to list your home in Alaska? In the past, that may have been the case, but this year is shaping up to be different and the holidays could end up being the best time of year to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and beyond.
Why? A recent Foot Traffic report from the National Association of Realtors shows that there are more buyers out right now than there have been at any time in the last twelve months. This also means that there are more buyers currently looking for homes than there were during the busy spring ...
Fall is a great time to sell your home in Alaska— in fact, the market has been heating up for months! Motivated buyers are everpresent in today's real estate market, home prices are rising, and more importantly, properties are moving quicker than they have in the past. Listing your home now is an excellent idea as buyers may not have found "the one" on their search this summer and yours could be it!
So what comes next? Soon after listing your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, or the surrounding areas, you may find buyers scheduling showings to take a tour or have an open house planned and it's important to be prepared.
Follow these tips for securing your home for a showing or open house in Alaska:
Take your remotes
You may not think about it as you head out the door prior...
In past blog posts, we've shared the answers to common Alaskan homeowner questions, including whether or not you should sell your home or simply renovate as well as trends to avoid to appeal to homebuyers. This week, Madden Real Estate is elaborating for those homeowners in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, and North Pole who choose to list their property and take advantage of the numerous buyers in the market.
But does everything need to be fixed before you can officially place that For Sale sign in the yard? Read on for four things that you can pass on this year:
Half updates
Unless you plan to renovate your entire kitchen or bathroom, you don't need to bother making partial updates. For instance, don't bother placing an expensive new stone like a marble or granite on top of your old cabinets. Making these half updates tends to...
With the weather warming up, it seems obvious that buyers would be looking more closely at outdoor spaces when shopping for homes in Alaska. In fact, we even shared Outdoor Features Buyers Want This Year in a past blog post! That much is true— however, they may be even more specific when it comes to what they don’t want.
Buyers in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and the surrounding areas have a wish list and as the market heats up, their outdoor wants will become more important.
Below are a few outdoor trends to avoid when selling your Alaskan home this season:
Geometric or straight layouts
It used to be a popular trend in outdoor design to have crisp, clean, straight or geometric borders—...
Spring is a wonderful time of year in Alaska, but while it may be hard to believe, summer will be here before we know it! If you're planning to list your home when the weather is warm, there is one area that you may want to turn your focus to in order to boost buyer interest— the outdoors!
Late spring and summer are ideal for spending days outside in the yard, gathering on the patio or entertaining on the deck and homebuyers will be looking for Alaskan properties with outdoor spaces to offer. According to a new study, there are several outdoor trends that can help to sell your home this summer and Madden Real Estate is happy to share some of them with you below!
Privacy
In past blog posts, we've shared how you can boost your curb appeal (including adding privacy!) in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla and the...
By now, you may have heard about a lack of inventory in the real estate market or noticed it for yourself as you begin house-hunting in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, or the surrounding areas. Inventory has been trending on the lower side for months and while it may be frustrating for buyers, it has contributed to what’s called a “seller’s market.”
A seller’s market is one in which homeowners have the upper hand, which can lead to quicker and easier sales. For buyers, it likely means more competition for the house of your dreams in Alaska.
If you are a home seller this year in Alaska, mind the following ways you can prepare for a successful sale:
Inspect and disclose
As a homeowner, it is wise to disclose any known issues associated with your property from a roof...
If you've been thinking about selling your home in Alaska, 2021 is the perfect time to do so! Many buyers, both first-time and seasoned, are in the real estate market in droves, all searching for their dream home, but are being met with less inventory than there has been in the past.
Alaskan home sellers are in high demand, but you may be contemplating the best route to take— FSBO (For Sale by Owner) or work with a real estate agent? The perks of working with an experienced agent are numerous and if your motive for considering FSBO is simply to save money, you might like to think again!
Your agent will do the negotiating
Think of all of the parties involved in a home sale in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and beyond, from the buyer and their agent to the appraiser and inspection company. There are dozens...
We've shared recently about Why You Should be Optimistic About 2021 Real Estate and to continue on down that path of real estate positivity, we're now breaking down why the current market offers the best opportunity to sell in YEARS!
If you're a homeowner in Alaska, don't be too quick to write off this spring, given the global health situation, as a poor time to list your home. In fact, the local market conditions present a lucrative scenario for sellers!
Below are five reasons why now is the best time in years to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole or the surrounding areas:
Home Buyer Demand is High
The pandemic may have slowed many things, but buyer demand is not one of them. Buyers are determined to upgrades their homes, realizing that what they have may no longer...
