Relocating to Anchorage: Should You Stick with Move-in Ready Homes?
by Dan Wolf
on Monday, December 7th, 2015 at 7:52am.
Everyone likes a bargain, but an Anchorage foreclosure or fixer upper can end up costing too much money and cause stress. When relocating to Anchorage, it is ideal to buy move-in ready homes that need little if any attention. Whether you are relocating to Alaska for a job or to retire, it is great to have the extra time to enjoy the great Alaskan outdoors instead of being stuck doing repairs around the house. According to an article by bankrate.com, the preference for move-in ready homes could be a result of so many people watching home design television shows. For people who are not handy, it just makes more economic sense to have a home that’s turnkey. At the same time, you can save money when your Anchorage Realtor finds you homes that just need minor cosmetic enhancements.
• Ignore the paint
Painting an exterior may cost more, but interior painting costs very little. Even if you don’t want to do it yourself, you will likely be able to find friends or relatives who will help you paint. Some buyers are completely turned off by homes painted bold colors. If you can look past the paint on the walls, you could get a bargain.
• Ask for a decorating allowance
Your Realtor can ask for a decorating allowance as part of the negotiations. Because it’s a seller’s market in Anchorage, it’s possible the seller won’t agree to any concessions. Depending how much cosmetic improvement the home needs, you could get lucky with a mild fixer.
• Pay for the location
When relocating to Anchorage, take some time to tour different neighborhoods with your Realtor. Find out which subdivisions and communities command higher rent and higher home prices. Whether you plan to live in the home for a long time or just a few years, it pays to pick a location that’s desirable. The big selling point now is “walk-ability.” Your Realtor can show you Anchorage homes within walking distance of trendy neighborhood hot spots such as coffee shops, wine bars, entertainment and recreation.
In addition to buying a home that’s move-in ready but needs a few repairs and in a good location, buy a home that’s functional but not necessarily gigantic. Homes that maintain their value today aren’t gigantic as much as they have an open floor plan, energy-efficiency and natural light.
At Wolf Real Estate, we can help you find a home that is move-in ready but a good deal. For more information about relocating to Anchorage, Alaska, please contact us at 248-9653 or visit us online at www.anchoragehomesearch.com.