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Market Conditions in Wasilla : Real Estate Advice

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Activity 2
Thu Sep 17, 2015
triested asked:
I? I'm selling a 2BR, 1BA on 0.5 acres home (built 2000) in Knik-Fairview area. I've been renting it out for the last four years. My buyers are interested in owning it as an…
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Fri May 1, 2015
Ervin Brandy Malcuit answered:
The MatSu valley is practically the residential new construction capital of the US with 308 residential new construction listings sold/closed in the 2014 calendar year and only 21 expired or withdrawn. There are currently 114 pending and 139 active so this year is off to an excellent start! This year's numbers may be indicative of sustained growth and vibrancy for residential new construction in this area. Last year, some new construction homes sat for a bit, waiting to sell. - This is great for buyers, and perhaps, not so great for builders. However, others sold faster and this is a testament to marketing, location, & price range. This year will be no exception: with a great number of new construction homes on the market, buyers will have wide selection and prices will most-likely remain affordable so as to be competitive with each other. EVERYTHING HAS THE POSSIBILITY OF BEING NEGOTIATED.

Regarding your question about what is a reasonable and fair price:
Find a REALTOR(R) you trust to give a Comparable Market Analysis for any home, new or used, that you may be interested in purchasing. Buyers Representation is free to the buyer and paid for by the seller. Ultimately, what is affordable and well within your financial means is the most reasonable answer here.

Happy home-hunting from Malcuit Duo!

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