The photo below is an example of the current required driveway width in residential single family subdivisions. According to Title 21: Land Use Planning, page 7-133, the “total width of driveway entrances to a residential lot from a street shall not exceed 40 percent Continue Reading
Take this Real Estate Quiz!
1. MLS reports that sold volume, when compared to last year at this same time is A. Up by 10% B. Down by 13% C. About the Same 2. Over the past five years has the average sales price A. Increased by 8% B. Decreased by 2% C. Continue Reading
A Mother’s Day Thank You
This Mother’s Day has given me pause to thank all the mothers who work at Dwell Realty. I am not a mother except to two poodles, Hapa and Peaches. They require feeding, bathing, walking, grooming and playful attention. But, I’ve been free to work long hours without worrying Continue Reading
How to Avoid Higher Property Property Taxes in 2020
In a recent ADN article, city officials stated that without any continued state assistance to help pay down school bond debt, single family property owners could expect an estimated $630 property tax increase on a $350,000 home. Already that home has Continue Reading
How to Buy a Home that Doesn’t Exist (Yet)
Welcome to the Spring Preview of Homes! Dwell Realty is honored to have 12 of the 28 entries which makes us at the epicenter of knowledge for buying and selling new homes. Last year there were only 193 single family homes built in Anchorage and for the first quarter of this Continue Reading
How to Buy a Lot
Despite this spring snowstorm, welcome to spring and the time of year when buyers shop for lots to build a new home on. However, not all lots are created equally so here is some advice based upon my years of experience as a residential land developer. First and foremost, I Continue Reading
Is it a Buyer or Seller’s Market?
As always, the answer to that question depends on the price range, location and condition of the property. But, there are some trends worth noting. New single family permits are down for the first quarter of this year, see accompanying chart. MLS listings are also down from Continue Reading
Preparing Your Home for the Spring Market
Anchorage has historically low inventory right now with only 463 single family homes for sale so if you’ve been contemplating selling your home, now is the time. PLUS, mortgage interest rates have just dropped to 4% for a 30 year fixed rate. Low rates put more Continue Reading
A Snail’s Pace for the Real Estate Market in 2019?
The Anchorage real estate market is off to a slow start in 2019. Active listings for Jan/Feb fell by 3.2% from the same time as last year. More importantly, closed sales declined by 15.60%. Whether that is because of continued lack of inventory or the current concern over Continue Reading
How Anchorage’s Property Tax Compares to Other Communities
According to the Alaska Department of Commerce, Anchorage’s mill rate of 16.4 is the second highest in Alaska. Only Fairbanks has a higher mill rate of 19.8. In Anchorage the tax on a $350,000 home is $5,740 and $8,200 on a $500,000 home, excluding any Continue Reading
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