Wes Madden's Real Estate Blog

6 Tips for Saving Up to Buy a Home in Fairbanks

Do increasing rental prices finally have you thinking about buying a home in Fairbanks? Or, maybe it’s the historically low interest rates, the desire to build equity, or the push to start a family? Whatever your reason for deciding to venture into the Alaskan real estate market, you’re making the right choice. To make your transition into homeownership a little bit smoother, we at Madden Real Estate will stand by your side every step of the way. However, before you start searching for your dream home, an essential key to your success in the Alaskan real estate market will be saving up enough money for a down payment – and then some.

As of last week, the average listing price for a home in Fairbanks was $229,421. The average down payment for a home is 20%, bringing your upfront costs to about...

Celebrate Halloween in Fairbanks, AK!

The time is nearly here to dress up in your spookiest attire and collect enough candy to last an entire year. Halloween will be upon us in just one week, and there are so many fun ways to get in the spirit in Fairbanks. Because it’s quite a bit colder in our neck of the woods compared to the rest of the country, we Alaskans have to get creative as to how we celebrate on All Hallows’ Eve. However, that’s not to say the creepiest day of the year isn’t a blast! If you’re looking for attractions and events to attend on October 31st, here are your best bets.

Halloween Howl for Preschoolers
Age: 3-6 years old
Dress the kids in their scariest, cutest, or funniest costume and get set to howl at this special Halloween story time at the Noel Wien Public Library.

...

5 Things to Look For in a Fairbanks Real Estate Agent

If you're currently a homeowner, there was a point in time when you decided you were ready to buy a home in Fairbanks. Now, for whatever reason, you have come to realize that what was once your dream home doesn't fit your lifestyle any longer. It's no secret that selling your home can be emotional and daunting whether you're moving up, downsizing, or relocating. However, as long as you choose the right professional to represent your best interest, your experience in the Alaskan real estate market should go smoothly. To make the decision process a little bit easier for you, here are a few things to look for when deciding who to hire as your Fairbanks real estate agent.

Tech-savvy
Home buyers aren't starting their searches in the newspaper anymore, they're getting online. Make sure your Fairbanks real...

4 Tips for Keeping Your Fairbanks Home Warm this Winter

If you recently decided to buy a home in Fairbanks and have relocated from a different part of the country, you may be surprised at how cold it is already. The temperature has been dipping below freezing at night, while the leaves haven’t even begun to change in other parts of the U.S. Needless to say, heating your home through the long Alaskan winter can take a major toll on your gas bill. However, getting creative and making a few small changes around your home can make a world of difference when it comes to how much you’re shelling out on heating costs. Here are a few tips and tricks to get you through the winter while spending as little as possible on your utilities.

Get busy in the kitchen
Aside from going to work or school, you’re going to spend a considerable amount of time indoors this season. Why not use the time to cook some tasty comfort food or dessert? Having...

University of Alaska Fairbanks Programs and Camps

As soon as you buy a home in Fairbanks, you’ll find that a big part of the local lifestyle includes spending time outdoors and discovering the Alaskan wilderness. While there are plenty of opportunities to explore the outdoors in Fairbanks this winter, there comes a time when you’re ready to thaw out and do something inside!

As you may know, Fairbanks is home to the beautiful University of Alaska Fairbanks campus. With a variety of undergraduate and graduate programs on offer, students from all over the world come to UAF to further their educations. However, what you may not know is that UAF also has classes for adults and children. These non-degree programs are available for those who want to continue their education, explore a new field, or pick up a new hobby without the pressure of papers...