When deciding to buy a new construction home in Alaska, there are many factors to consider— from where you’ll buy to the size of the home, the fixtures and of course, the costs. Much like an existing home in Anchorage and the Mat-Su Valley, there will be costs that will arise after the closing and in order to be fully prepared, you will need to be aware of them prior to signing the contract.
Below are four ways you will spend money on your Alaskan new construction home after the closing:
In some cases, you will be able to negotiate an appliance package into the home purchase, but for others, this will be an added expense. And we’re not just talking about the refrigerator! Once you’ve determined if appliances are or are not included in the price of your home, sit down and make a list of everything you will need and start to research the costs. You will be ready to move right into your new construction home and start living, so finding you do not have appliances is one surprise you do not want to have.
2. Window coverings
For buyers interested in existing Alaskan homes, you often have the option of writing the window coverings into your offer. However, for new construction buyers, you will be the property’s first owner and there will be no coverings to ask for! Take note of window dimensions and how many windows you will have to buy for when researching costs. You will also want to start early— depending on where you are ordering from, lead time could be long and you will risk moving in without any window privacy!
While all homeowners will have the recurring cost of utilities, those moving to a larger property will have to consider how much more they will need to work into the budget. What’s more, if you’re moving to a new city, you may find you have to pay a deposit to begin the new service and for utilities like cable, you may have to pay to install new equipment that would have already been installed in an existing Alaskan home.
When you’re contemplating buying a new construction home in Anchorage and the Mat-Su Valley, landscaping may not even cross your mind. For instance, the landscaping could look beautiful in the front of the house, but what about the backyard? Some builders will landscape the front yard, but leave the back unfinished which will be an additional cost. Plus, if your home is located in an association, they may require you to complete landscaping within a specific amount of time. Landscaping may not be high on your priority list, but it’s still an expense you won’t want to overlook.
Whether you are in the market for a new construction property or would rather purchase an existing home, our experienced agents at Northern Edge Real Estate can help! Give us a call today for a list of available homes in the Anchorage area or for more information on new construction properties.