These are uncertain times for everyone, no matter where in the world you live— especially when it comes to real estate. There are Alaska real estate rumors floating around about whether it's a good time to buy or sell your home amid a pandemic, and many more, but many of them can be debunked!
As your local real estate experts in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and beyond, we are setting the record straight about buying and selling Alaska homes during this time!
Myth: It's a bad time to sell your home
Many homeowners who decided to sell this year have since pulled their homes from the market, mainly due to the fear of showings and others entering their property during this public health event. However, right now, research shows that...
Alaska home buyers have been actively viewing online listings in recent months, and certain zip codes are leading the pack in buyer interest. According to a national listing aggregator, the most popular Alaskan real estate markets for the first quarter of 2020 are:
- 99705 North Pole
- 99712 Fairbanks
- 99709 Fairbanks
- 99701 Fairbanks
- 99518 Anchorage
The markets with the most online views also show the fastest pace of home sales! During the first few months of the year, homes in the most popular zip code area of 99705 spent a median of 43 days on market. The next most popular area in 99712 saw homes spending a median of 63 days on market.
For Alaska homeowners, there’s a couple of big takeaways from this info. First, the way your home looks...
Homebuyers will soon be out in droves as the busy spring real estate season gets underway in Alaska. If you've already taken the steps to list your property in Fairbanks, Eagle River, Palmer, Wasilla, North Pole, or beyond or are planning to sell soon, the next step involves highlighting your home's key features that buyers will love.
The following elements of your home may seem like nothing to you, but to buyers, they could be just what they are looking for— Don't be afraid to point them out!
You've heard the phrase "location, location, location" before and it never holds more true than when assessing your home's value. Is your home located near restaurants, shopping and entertainment? Do you have an excellent commute time from your neighborhood?...
With the majority of buyers today starting their Alaskan home search online, it is important to wow them during this initial look. If Fairbanks or Anchorage area buyers see something they don't like just from flipping through listing photos, they are less likely to ever make it to the front door for a showing or visit an open house.
So how do you pique the interest of buyers in Alaska without turning them off? Below are five things you will want to avoid as a home seller in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole and the surrounding areas:
Do not convert your garage
Keep in mind that a large number of buyers who will begin house hunting this spring are first-timers who are tired of renting, with others simply...
With home sales prices rising, many residents in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and beyond have begun the process of listing their properties to take advantage of this time in the market. But one common disconnect between homeowners and their agents is the price at which they believe they should list the property.
The price homeowners have in mind is oftentimes not realistic for the local market and takes into account a variety of factors including their emotional ties to the home. Finding a comfortable price for you can be a major obstacle when selling your home and you may need to compromise— just take a look at these common reasons homeowners overprice their homes in Alaska:
You think your decor is the best
As you may have heard by now, the real estate market's supply of homes for sale is trending lower than it has been in past years. But does that mean you should shy away from listing your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, or the surrounding areas this fall? Absolutely not!
The real estate market could use your home and if you've been thinking about selling, below are the top tips for a successful sale during this time of year:
Clean up the yard
This time of year, the leaves have started to change and fall and may be cluttering up your yard. Take the time to rake all of the debris currently in your yard to make a nice impression...
It is a major step to sell your home in Alaska and one that brings many important decisions along with it. Homeowners in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole and beyond will need to tackle choosing when to list, staging and of course, pricing.
Pricing your home is a delicate process and it should be done right from the beginning. With our decades of real estate experience at Madden Real Estate, you can be assured we will arrive at the best price for your property and the area, but as a home seller, it is always wise to do the extra homework.
As you think over the pricing aspect of selling your Alaskan home, here are a few things to keep in mind:
The listing price is key
When you ...
It's a busy season here in Alaska! In addition to summer vacations and fun in the sun, Alaskan homeowners will also be scheduling moves into the mix. This time of year, there is more time to pack, more time to scout where you'd like to live, more time to house hunt, more time to ensure you're getting the best possible deal and of course, more time to get your own home ready to sell.
Preparing your home to sell in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and the surrounding areas is equally as important as where you're going next. Before you list your property this summer, consider tackling these 5 important tasks that can really make an impact on local Alaskan homebuyers:
Clean out the drains
Spring is almost here! And if you've decided to list your Alaskan home, it may seem like your to-do list grows longer and longer. You will need to start searching for a new home, clearing the clutter and packing up to make your move easier when the time comes. But it doesn't end there! One more added stress for you may be keeping your home buyer ready for showings.
There are dozens of little tasks you can check off to prepare your home for a showing in minutes and as your local Alaska real estate experts, Madden Real Estate is sharing a few with you below!
Mop or vacuum
Complete a quick cleaning of the floors in your entryway, kitchen and bathrooms. If necessary, spot clean debris on the floor with a sponge or towel.
We just shared Why You Shouldn't Wait Until Spring to Sell Your Alaskan Home, but now we're taking it a step further and sharing a few things you need to cross off of your homeowner to-do list before you officially list your property.
Remember that you will want to have your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole in tip-top shape to outshine the others on the market and as your local real estate experts in Alaska, we are sharing a few tasks below to help you do just that!
Clean the gutters
Once the warm temperatures begin to set in, we're all eager to get outside again— but you're probably not in a hurry to venture up...
The question on many Alaskan homeowner minds right now is whether or not to sell yet this winter or wait for better weather in the spring. It may be tempting to want to wait until the warmer months to list, after all more buyers will be out and about in the spring, right? Not so fast! That is not always the case!
There are many perks to selling your Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole area home this winter, without waiting until spring, and as your local experts, Madden Real Estate has listed a few of them below.
There will be more competition in spring
By listing your Alaskan home now, you avoid the wave of homeowners that will sell...
We recently shared How to Stage Your Alaskan Home During the Winter and this week we're taking it one step further with what exactly you should avoid when setting the scene in your Fairbanks or Anchorage home for buyers. Remember, staging can go a long way as staged properties oftentimes sell quicker and for more money than those that skip this step. However, that is only if you do it correctly.
As your local real estate experts in Alaska, you can count on Madden Real Estate to walk you through every step of the home selling process— including staging. Below are five things to avoid when ...
As I mentioned in our recent blog post, selling your home during the holidays in Alaska can be just as successful as selling during the spring and summer! But that doesn't mean you can simply add a For Sale sign to your yard and watch the offers roll in! Your Alaskan home must be well prepared for the market and up to par with what buyers want.
As your local real estate experts, Madden Real Estate can help you avoid turning away buyers unintentionally and that begins with removing a few of the following common items from your home:
Damage from pets
Remember that not all buyers will love pets like you do! If you have pet damage in your Alaskan home, like scratched floors or stained carpet, consider having them re-finished or install new carpet prior to listing.
Many Alaska homeowners are left wondering whether or not they should sell their properties once the busy spring and summer seasons are over. While it may seem like the end of the year isn't the best for sellers, the short answer is yes! Today's homebuyers are constantly searching for homes on their smartphones, computers, and even have set up email alerts when a new Fairbanks, Anchorage, Eagle River, Palmer, North Pole, or Wasilla home becomes available and meets their requirements.
Don't be afraid to list your Alaska home during the holidays! It is still an opportune time to sell and as your local experts, Madden Real Estate has included a few tips below on achieving a successful sale!
Boost your online appeal
When you work with Madden Real Estate...
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 ...
Every Alaskan home seller dreams of earning top dollar for their property. Once the For Sale sign is posted in the yard and buyers begin to arrive for showings, you'll start to wonder when the offers will land in your lap. But no matter how many offers you ultimately receive, remember that the best one may not be immediately clear to you and come packaged with a big, red bow.
There are many factors that should be considered in your decision to accept—or reject—an offer on your home in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, or North Pole. As your local experts in Alaska, we have listed four of the most important areas to research before you determine the best offer.
Even if you receive an offer over asking price, you'll want to make note if there are any contingencies. For instance, does the ...
As a homeowner in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, or North Pole, deciding to sell your home is major move that should not be taken lightly. In fact, there are dozens of factors to consider— from the price at which you will list right down to the time that your Alaska home will hit the market. But before you start to worry that the best window of opportunity to sell your Alaska home has passed, you should note that now is that time!
May has been recognized as the best month to sell your home as homeowners have been known to yield more of a financial gain from the sale as well as sell within a shorter time frame than any other time of the year!
Many Alaskan homeowners tend to believe spring is the best time to list their property and prepare to move on to a better, more suitable home. And while they may not be wrong, it is important to note that selling is not always the best answer for every scenario. Depending on how long you've spent in the home and your location—among other factors—it may be ideal to consider staying put and simply making a few improvements.
Below are five questions to ask yourself as you determine whether to sell or renovate your Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole home this spring:
How long have you been in the home?
If you have spent decades in...
Temperatures may still be low here in Alaska, but that doesn't mean that the real estate market takes a dive along with them! The market is only beginning to heat up for the warmer months ahead and if you're planning to sell your home in Palmer, Fairbanks, Anchorage, Wasilla, North Pole, or Eagle River this spring, now is the time to work toward increasing your value!
Below are three ways you can increase your home value before spring:
For buyers making their way from renting to homeownership, shiny, new appliances can be just the hook they need to move forward with an offer. Replacing one or all of your appliances with more energy-efficient models can also be a...
Before you list your Fairbanks AK home, there is a list of tasks to check off to ensure the property is ready for the market and will appeal to today's buyers. You'll need to give the landscaping a spruce to boost curb appeal, fix that leaky faucet, and even consider updating your kitchen or bathroom.
But there is one more step that will make the most impact on Alaska buyers— decluttering. Below are five key decluttering tips to help your home feel more open and inviting, without throwing everything away!
Organize by category
Your Alaska home...