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...
As you think about selling your home in Alaska, one of the first questions to cross your mind is likely, "How much is my home worth?" Your home value will play a major role in the success of your sale, but there are many aspects of finding this number that Alaskan homeowners simply do not understand.
We've included a few key ideas to consider as you research your home value and prepare to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and the surrounding areas this year:
Listen to your real estate agent
Determining your home value is a task best left to the experts, so do not be afraid to consult your real estate agent. Your agent can run what's called a "comparative...
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...
Fall is nearly here! But before the leaves begin to drop from the trees and we finally turn down the AC, there are a few tasks to tackle around your Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, and North Pole area homes. From cleaning the gutters to turning off the water to the garden hose, Madden Real Estate has compiled a list of fall home maintenance tasks to add to your to-do list.
Clean out the gutters
To make room for the leaves and debris that will fall into your Alaskan yard this fall, it's important to clean out your gutters now. While you're on the roof, you can also check for any damaged shingles that may have occurred over the summer and take the necessary steps to repair them.
Turn off outdoor water
You probably have your garden hose hooked up and have used it all summer,...
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:
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....
Becoming a homeowner in the Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, and North Pole areas is exciting, but the thought of paying on your mortgage for the next 30 years may be anything but that. Not to mention, there are many other expenses associated with your home purchase— the inspection, the down payment, the closing costs.
Alaskan homeowners can easily feel overwhelmed, but as your local real estate experts, Madden Real Estate is happy to provide a few ways to keep those expenses down and pay off your mortgage early!
Make an extra payment
One of the simplest ways to start paying down your mortgage is to make one extra payment each month. Most lenders today do not have pre-payment...
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,...
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!
In past blog posts, we've shared how you can boost your curb appeal (including adding privacy!) in Fairbanks, Anchorage,...
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...
March has arrived and before we know it, the birds will be singing, the weather will start to warm up, and spring will be in full bloom. But before we can get there, there are a few tasks you will want to cross off of your Alaskan homeowner to-do list— cleaning your gutters, for instance.
Below are four tasks to add to your homeowner to-do list this month and you will be ready to enjoy the spring season ahead!
Clean your gutters
Debris has likely built up in your gutters over the past few months and if not tended to, it can cause a variety of problems both inside and outside of your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and beyond. Take a weekend to clean out the gutters and flush water through to ensure the spouts are in proper working order.
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...
As a home seller, it’s important to note that hiding flaws from buyers is simply not an option. If your Alaskan home is in need of repair, it’s better to remedy the problem entirely than to hatch a plan for a quick fix that could send buyers running for the door.
Fairbanks and Anchorage area home sellers will find their transaction runs much more smoothly if they fix the problem versus finding a way to cover it up for the time being.
If you’re planning to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or the surrounding communities this year, you’ll want to take a look at the following five problems that can arise for homeowners and how to fix them.
Problem: Stained Ceiling
How to Fix: Instead of painting over a stained...
We're just days away from the new year and we're all glad to put 2020 behind us! There will be much to look forward to in the coming months, and we are excited to report one of them is the real estate market!
As your local real estate experts in Alaska, we are including below three of the most important reasons we can be optimistic about real estate in 2021.
The economy will only improve
According to Tim Duy from the University of Oregon, “There is nothing fundamentally ‘broken’ in the economy that needs to heal…there was no obvious financial bubble driving excessive activity in any one economic sector when the pandemic hit…With Covid-19 cases surging again, it is understandably hard to look optimistically to the other side of this winter…Don’t let the near-term challenges distract from the economic stage being set for next four years.”...
Now that we're all spending more time at home, there have been plenty of hours to watch home improvement TV and real estate reality shows, contemplating how you can put your DIY skills to work.
But before you grab a paintbrush or do anything drastic, you'll want to know there are several DIY projects you can do to your Alaskan home that will actually pay off at resale.
Below are five home improvement projects Alaskan homeowners can do to improve their property's overall appeal to future homebuyers in Anchorage, Eagle River, Palmer, Wasilla, North Pole, and beyond:
Makeover your cabinets
There is no doubt that kitchens and bathrooms often sell homes. One easy project you can do to makeover your kitchen is to refresh your cabinets. As long as the cabinets are in good shape, you can add a coat of paint or stain for a fast...
If you planned to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla or North Pole this year, the state of the world may have made you hit the brakes.
You might be wondering if now is the right time to sell in Alaska, and while much of life may be uncertain right now, the real estate market is still thriving. Many people are now working, and schooling, from home and are more determined than ever to upgrade their homes.
Home buyers in Alaska may be looking for a specific set of improvements or amenities in properties this year and we're listing a few of them for you below to help you strike the right chord with those currently house hunting!
Alaska is a beautiful place to live and with many of us spending more time at home, a well-designed outdoor space is key. Even...
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 buyers actually outnumber sellers which means it's better to be a...
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 online does matter! Your home’s first impression is made...
While Alaskans "hunker down" and observe social distancing, the real estate market is going to slow. With business disruptions having a domino effect on incomes and the economy, a number of buyers and sellers will likely wait things out.
For Alaskan home buyers moving forward with their plans, there are 3 emerging trends to be aware of:
1. Mortgage lenders are beefing up credit quality. Higher credit scores, larger down payments and low debt-to-income ratios are being sought. Jumbo mortgages are seeing higher cash reserve requirements.
2. If sellers postpone their sales plans, home inventory could become very limited. As of early March 2020, the Anchorage area had just under 2 months of supply in price ranges under $350,000.
3. On the upside, mortgage interest rates should remain very low for a while.
For Alaskan home sellers, market challenges include fewer...
Spring is nearly here and what better time to "green" your Alaskan home than now? It's actually easier than you think to turn your home into an eco paradise and you probably have all you need already on hand!
Make it a weekend project or go room by room this week to spring clean and spring green the property. What's more, when you're ready to sell, homebuyers in Fairbanks, Eagle River, Palmer, Wasilla, North Pole, and beyond will notice that your home is already up to "green" standards or on it's way!
Detox the Bedroom
An easy way to "green" your bedroom is to detox all of the linens and especially the curtains. You may wash your sheets and bed linens often, but how about your pillows? Cleaning your pillows will help keep toxins and dust mites at bay. You can also keep mold away in the bedroom by opening your curtains and shades and letting the sun take care of any extra moisture. Go the extra step...
The idea of cutting your monthly mortgage payment down by refinancing your loan may sound intriguing to you as an Alaskan homeowner, but there is much more to consider before diving in. In fact, there are cases in which refinancing does not truly pay off for the homeowner. But don't worry! As your local real estate experts, you can count on Madden Real Estate to help you make the best decision for your situation.
Below are four factors to consider before making the decision to refinance your mortgage:
Refinancing is not free
Just as you likely paid some closing costs when you purchased your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole, and the surrounding areas, you will be required to again with refinancing. Closing costs are typically 2 to 5 percent...