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...
Whether you intend to be in your next home in Alaska for two years or twelve years, it is always important to determine resale value. After all, your home is an investment and you wouldn't want to invest in a property that you would have a hard time selling when the time comes to move on. That would only mean more money and homeowner headache for you down the road!
As your local real estate experts in Fairbanks, Anchorage, Eagle River, Wasilla, Palmer, North Pole, and beyond, Madden Real Estate can help you determine the best possible property for your budget and your family's needs— and one with great resale value! Here are a few ways you can determine a property's resale value in Fairbanks, Anchorage, Eagle River, Wasilla, Palmer, North Pole and the surrounding...
There's no doubt about it, winter has arrived here in Alaska! But if you have your sights set on a new home in Anchorage, Fairbanks, Eagle River, Wasilla, Palmer, or North Pole for the new year, don't let that stop you from listing your property now! There are plenty of ways to pique buyer interests during these colder months and with Madden Real Estate on your side, you can count on us to help you make it happen!
Home staging is one smart way to grab a buyer's attention and below are five ways to stage your Alaskan home successfully during the winter:
Boost winter curb appeal
Adding winter decor to the exterior of your Anchorage or Fairbanks home can boost your property's curb appeal, but it should lean on the simple side. Try a holiday wreath or fresh greenery outdoors, make sure all pathways are clear of snow for buyers, and consider adding...
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...
If you're not fully prepared to navigate the Alaskan real estate market, it can be overwhelming— especially if you're a first-time homebuyer. It helps to know the facts from the beginning of your home search, as well as have a local real estate expert on your side, like our team at Madden Real Estate!
Below are four ways to start your home search in Fairbanks, Eagle River, Palmer, Wasilla, North Pole, or Anchorage:
This should always be your first step when shopping for homes in Alaska. Even if the market begins to slow down, you will be able to better understand your budget and whether or not your dream home is within your reach. Not to mention, this documentation tells sellers that you are serious about...
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 ...
You likely already have a picture in your head of what you'd like your dream home in Alaska to look like. Maybe it's a new construction home in a family-friendly neighborhood or maybe it's a fixer upper that you can make your own. If the latter is more your style, you'll want to keep your eyes peeled for a certain set of features that will help you tell the difference between a property with potential and a money pit.
Below are four things to look for in Alaska fixer upper homes to avoid a homeowner headache down the road:
Sound Structural Elements
When you move into a new home in Alaska, it can be quite costly to need to replace major structural parts like the roof, foundation, or electrical...
You've found a buyer for your Alaska home, they've put in an offer, but now what? How can you be sure you won't receive a better offer than the one they submitted? Will you be able to accept a better deal if it comes along? As a home seller, you'll want to get to know the bump clause.
Bump clauses are getting a lot of air time in today's real estate market as they allow the seller to enter into a contract with a buyer while continuing to market their property. If they get a better offer, they can "bump" the original buyer.
Bump clauses are commonly used when a buyer has a contingency attached to their offer, meaning they need to sell their current home first or have placed the sale contingent upon factors like the inspection or appraisal. The bump clause will allow sellers to attempt to reach another buyer that may not come with any contingencies...
When shopping for homes in Alaska, it is easy to get distracted by home features like the number of bedrooms, bathrooms, kitchen updates, backyard, and of course, the location. And while it is important to take note of these items on your buyer wish list, you will want to keep your eyes open for flaws or major problems that could be covered up by home staging.
Below are four signs a Fairbanks AK home seller could be trying to hide something with home staging:
Even though you have pets of your own, that doensn't mean you want to pay for another homeowner's pet damage. If you happen to pull up carpeting in an Alaskan home and notice paint on the floor, the homeowner could be trying to cover up pet damage or water marks.
Everyone loves a good deal— especially when it comes to real estate! However, in today's real estate market, actually purchasing a home for under asking price can be a rare occurrence. Real estate agents in Alaska—and all over the country, for that matter—typically advise against making lowball offers as you could risk offending the sellers and lose out on the home entirely.
But does that mean it can't be done? No! With the right expert on your side and under the right conditions, you can successfully make a lowball offer on a home in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, or North Pole. Below are four scenarios that would call for making a low offer:
The home is outdated
Home sellers in Alaska can turn a blind eye to the outdated features of...
Gone are the days where homebuyers only searched for properties in Alaska when the weather was warmer, they happened upon a listing in the newspaper, or drove by a For Sale sign. In today's Alaskan real estate market, buyers are always switched "on," constantly looking for properties on their smartphones and computers, even setting up search parameters so potential homes land in their email inbox.
It doesn't pay to wait as a homebuyer in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole. Your dream home could be waiting for you—even in the winter months—so you'll want to consider...
Searching for your dream home in Fairbanks AK or the surrounding areas is an exciting journey and one you may have been thinking about for quite some time. You'll tour dozens of homes before you find the best fit, carefully considering the number of bedrooms, bathrooms, square footage, and of course, location. However, you may also discover that a property doesn't check all of the boxes on your priority list. So, when should you compromise?
As your local real estate experts in Fairbanks, Anchorage, North Pole, Wasilla, Eagle River, Palmer and Chugiak, we have included below a few compromises that are worth making when house hunting in Alaska:
The size of the yard
Homebuyers in Alaska value the outdoors...
September is here! Temperatures have started to cool down here in Alaska and it's time to begin thinking about all that fall and the coming months will have in store. And while changing colors and pumpkins are just two aspects to look forward to, wet weather and falling leaves are also major players, so you will want to make sure your Fairbanks AK home is prepared!
Set aside a weekend or two to complete the following five tasks around your Alaskan home this month:
Clean the gutters
When the leaves start to fall and the rainy days become more frequent, it's always helpful to have your gutters in clean, working order. If there aren't there yet, grab your ladder and head up to the roof to give them a thorough cleaning. Gutters should be free of all debris and clogs before the season gets underway.
The listing price of your Alaskan home is one of the most important aspects of the entire selling process. In fact, if the listing price is not reasonable from the very beginning, you could risk a whole segment of buyers passing over your property. What's more, there is one specific factor that will have the final say when it comes to what your Alaskan home sells for and it could make or break the deal— the appraisal.
If the appraised value of your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole comes back too far from the listing price, any deal you come to with a buyer could fall through. Below are four ways to get ready for your home appraisal so you can...
Excitement runs high when you purchase a new home in Alaska— you start to envision where all of your belongings will go, where your family members will stay, the purposes for each room, you name it. But remember, there is only one person that knows the property better than you at the moment and that is the seller.
In order to avoid any surprises down the road, and to get to know certain quirks that the home may have (that won't be listed on the inspection report!), Alaskan homebuyers can ask the seller the following questions:
What quirks does the home have?
Does the window in the bedroom stick when it gets warmer? Does the refridgerator make noises from time to time? You'll want to gather all of the facts about your...
Selling your home in Alaska is a major decision with many moving parts. From preparing the property for sale to choosing the listing price to accepting the best offer and finally, reaching the closing table— it is essential to work with your real estate agent to ensure you stay on top of it all! If not, you may find yourself facing obstacles like a lower than expected home value. But lucky for you, that can be avoided!
Below are five factors that can bring down your home value. Keep these in mind in order to keep your home sale process running as smoothly as possible:
1. Poor location
While you may not be able to move your ...
As the busy spring real estate market approaches, Alaskan residents are beginning to wonder— Is now the right time for me to buy a home? Every potential homebuyer wonders if now is the best possible time to make a move or if a more opportune window will open up in the coming weeks and months.
The answer? Only you can know for certain! The real estate market is changing all the time and the best possible way to know if you should take advantage of current conditions is to ask yourself the following questions.
Can I afford it?
To determine if you can afford to buy a home in Fairbanks, Anchorage, Eagle River, Wasilla, Palmer, or North Pole, it's best to meet with a lender. They will take into account your income and debts and decide if you are financially...
When it comes to buying a home in Alaska, there are many moving parts that can easily begin to overwhelm you and cause you to step back. For instance, did you know that misinformation about how much is required for a down payment is one factor that keeps buyers from purchasing their dream home?
Don't let that be you this year! The fear of not being qualified to purchase a new home in Alaska may seem very real, but there are a few simple ways you can keep it affordable!
Strengthen your credit score
Before you take the initial steps to buy a home in Alaska, it's important that your credit score is as high as you can manage. The ball is in your court with this one! Take the time to pay down debts, stay on top...
We recently shared a blog post on the 4 Ways to Successfully Sell Your Alaskan Home This Winter, but now it's time to turn the tables and focus on Alaskan homebuyers! Winter can be an opportune time to find your dream home—even score a deal—and with the help of the experts at Madden Real Estate, you will know exactly what to keep in mind as you browse available properties in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, and North Pole.
Below are four reasons why you're on the right track by shopping for a home in the Alaskan winter:
You can spot flaws
While Alaskan homes do show well during the...