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...
Did you know selling your Alaskan home in the fall and winter can be just as lucrative as selling during the spring and summer? It's true! However, that is if your property is well prepared for the market!
There are many ways to improve your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, and North Pole before listing it for sale, including removing the following five items that have been known to turn buyers away!
Even if you have a few ladybugs taking up residence in your home's windowsills, it's best to remove them before buyers arrive. This is one of the easiest turn-offs for Alaskan buyers as it can give the impression that your home is not clean or well cared for.
No matter if it's stamps...
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...
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...
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 in the...
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 on potential...
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 ...
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.
Dust screens and furniture...
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 to the roof. Don't...
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 in the coming months....
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!
As I mentioned above,...
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 ...
Selling your Alaskan home is a major task— one that requires much research and preparation. However, many homeowners in Alaska fail to check the important steps off of their list when listing their home and as a result, their home may "sit" on the market for longer than they'd like or they may end up getting less than they'd like for the property.
How do you avoid this slippery home seller slope? As your real estate experts, Madden Real Estate has included below five ways to get top dollar for your home:
Don't ignore your real estate agent
Remember that your agent has vast experience in selling Alaskan homes and the particular area in which your...
If you're feeling the urge to move on to a new home in the Fairbanks, Anchorage, Eagle River, North Pole, Wasilla or Palmer area, you've likely been spending time getting your home ready for the market. You may have repairs to make, pricing to research and staging to plan, but there is one more important factor to consider as an Alaskan home seller— safety!
Before you allow buyers through your door this spring, there are a few key tips to follow to help keep both your home and your belongings safe.
Hide your valuables
No matter if you keep your jewelry in your closet or out on your dresser, it's time to put it away! You cannot be sure that buyers won't peek inside closets, so take care to hide your valuables. This means spare keys, credit cards, pricey decor...
While many Alaskan homeowners tend to believe that spring and summer are the best months to sell, winter presents a wealth of opportunities that the other seasons just do not. For instance, did you know that homes tend to show better in the winter months? The cozy feelings of the cold weather season can play to your favor when appealing to buyers in Fairbanks, Anchorage, Palmer, Wasilla, Eagle River, North Pole and the surrounding communities.
However, that doesn't mean your home is automatically ready to list and successfully sell this winter. There are a few extra steps you may need to take to ensure you're in tip-top shape for today's buyers. Below are four ways to set yourself on the right path as an ...
The beginning of spring marked a spike in Alaskan homebuyer confidence with many ready and willing to make a move to a new home in Fairbanks or Anchorage. But now as we get ready to head into summer, it seems home sellers are feeling just as confident. As you prepare to sell your Alaskan homes this year, take note of these costly seller mistakes that could spoil your excitement for your next dream home in Alaska.
Don't Choose the Wrong Realtor
One of the first steps you will take in selling your home in Alaska is choosing a real estate agent. It may be tempting to choose the one your friend recommends, but take the time to research. Madden Real Estate is happy to help answer any questions you may have about the Alaskan real estate market and can be just the team you need to sell your home and find you the next one that meets your home wish list.
Don't Forgo the...