Not long ago, I was called by a former client to provide him a fair market analysis of his home. I had sold him the home, which was brand new, some twenty years earlier. He and his wife were planning on retiring to the lower 48 in 2011. The home, which was located on an Continue Reading
Why Buying a Brand New Home is Like Buying Groceries or Gas
When you’re standing in the check out line with a cart full of groceries, you understand you’re going to pay the price that gets rung up on the cash register. The same is true when you’re at the gas pump. Unfortunately, there is a tremendous misconception in the real Continue Reading
How Land Use Regulations Affect Property Values
Most of you have heard by now that we are soon to have a new Title 21, the ordinance dealing with the municipality’s land use regulations. All of the chapters except Chapter 14 which deals with definitions have been provisionally adopted by the Anchorage Assembly. Just Continue Reading
Looking for the Average Priced Home?
Then, you’re probably going to be frustrated and disappointed in your search. There are 103 homes currently available for sale in Anchorage and Eagle River between $300,000 and $350,000. Of those 103 homes, 24 were built during or before the 1970’s or approximately Continue Reading
From the Slave Kitchen to the Great Room
Last week I had the opportunity to visit Thomas Jefferson’s home at Monticello. Jefferson, who is considered one of the primary architects of our Declaration of Independence, also had a love for residential architecture and, as a result, his home at Monticello was always Continue Reading
The Demise of the Dining Room
In 2000, Sarah Susanka, author of the best-selling The Not So Big House, wrote a new book entitled, Creating the Not So Big House. The new book took 25 homes that applied the principles described in her first book. Those principles of home design valued quality over Continue Reading
Why photos and Virtual Tours Can’t Sell Houses
I’ll admit I’m an old-fashioned realtor. I like meeting buyers at open houses where I can get to know them a little bit and them me. I like to watch the interaction between couples as they mentally try to fit their lifestyle into a new home and go exploring down a Continue Reading
2011 Market Forecast, Part I
If your New Year’s resolution was to buy a new home in 2011, you may have a hard time keeping it. In fact, it will probably be harder to keep than your resolution to lose weight and we all know how hard that is. According to Alaska Economic Trendsmagazine for January Continue Reading
Just One House
It’s hard to believe it but here is a shocking Anchorage housing statistic: there is only one brand new home for sale between $600,000 and $700,000 in Anchorage. It’s being built by the John Hagmeier Company in the Potter View development located above Potter’s Continue Reading
Should You Remodel or Move?”
It’s a dilemma that literally thousands of Anchorage homeowners are facing because the vast majority of Anchorage’s housing stock was built prior to l990. That makes the majority of Anchorage’s homes at least over 20 years old. If you reside in one of these homes Continue Reading
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