New Construction In the Mat Su

By
Real Estate Agent with Valley Market Real Estate

I just finished a video of a very nice new home that Pacific North Construction finished for a family. This turned out to be a beautiful home that was just what the family wanted and where they needed it.

Take a look at the video here:

Pacific North Construction and other builders that I work with have been keeping plenty busy with new construction even in this challenging market. The reason there is a good market for new construction is because these new homes are top quality, energy efficient and sometimes even less expensive than competing homes.

I took a look at how many new homes are being built compared to the total market. This shows that about 21% of the total market last year was new construction. That’s pretty good. The foreclosure market was only 12% of the market last year.

In the entire Mat-Su Borough there were 249 new homes sold at a median price of $233,500 compared to the total market of 1,193 homes sold at a median price of $206,000. Most of the real estate activity is in Wasilla and Palmer but these statistics also include everything from Talkeetna to Sutton.

Another interesting statistic is that these new homes sold at an average price of 97.7% of the asking price while the overall market sold at 94.6% of the asking price.

If you are in the market for a home you should check out new construction. You get a new furnace, a new roof, a new septic system, etc. Not only that, you get a one year warranty on your home and it is more energy effecient. All that is really worth quite a bit of money, but you often don’t have to pay anything extra for it.

Give me a call on my cell if you would like to talk about new construction…907 232-7900. Or just drop me a line at marty@valleymarket.com

First published at valleymarket.com

 

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Rainmaker
1,018,216
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I like the idea of the video of the product (house) and the way it would help the buyer understand the new house.

Feb 13, 2011 05:31 PM #1
Rainer
46,013
Marty Van Diest
Valley Market Real Estate - Wasilla, AK
Your Alaskan Realtor

Hi Tim,  Sometimes I take multiple videos of a house while it is being built, from the foundation to the finished product.  That gives me a chance to talk about the house all the way through the construction phases.  My intention is that it builds up some anticipation for that house.  I'm not sure it works...but I hope it does.

Feb 13, 2011 05:35 PM #2
Rainmaker
360,067
Larry & Jacque Ficek
Alaska Dream Makers - Wasilla, AK
Realtors - Wasilla Alaska

Hey Marty, Nik does have nice really nice detailing and trim. The home turned out great!

Jacque & Larry

Feb 13, 2011 05:55 PM #3
Rainer
46,013
Marty Van Diest
Valley Market Real Estate - Wasilla, AK
Your Alaskan Realtor

Hi Jacque and Larry, Yes, nice home.  Nik has 4 more under construction.  :-)

Feb 13, 2011 06:00 PM #4
Rainmaker
589,727
Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

Hi Marty,

Great house!

I don't know where Mat Su is, but certainlyl a great house

Phil

Feb 13, 2011 08:45 PM #5
Rainer
46,013
Marty Van Diest
Valley Market Real Estate - Wasilla, AK
Your Alaskan Realtor

Hi PHil,

 

Mat Su is right down the road from you.  It's the borough, (like a county), just east of Anchorage Alaska.  It's about the size of North Carolina.  This is the area I service...sometimes I drive a couple hundred miles in a day.  But mostly about 75 miles a day.

Feb 14, 2011 11:55 AM #6
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Rainer
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Marty Van Diest

Your Alaskan Realtor
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