Saturday, December 7, 2013

Condos In Anchorage Alaska Under $200,000


WHY A CONDO? (See Condo Listings Below)

A condominium is a form of ownership in which owners share an interest in common areas, such as parking structures and shared yards, and hold title separately to their individual units. Owners are members of a homeowners' association, or HOA, which enforces and amends the association rules and regulations. Depending on your personal preferences, there are advantages to buying a condo instead of a house.

Costs

A condominium generally costs less than a similarly located and sized single-family home. Because the overall cost is lower, both the monthly mortgage payment and the property taxes will be lower. Even with the HOA fees, which are used for maintenance of shared features like landscaping, your total monthly carry costs may be lower.

Mortgage Requirements

Lenders will actually help you understand whether a complex you want to buy into has a stable financial environment or not. They will look at the HOA reserve fund and the percentage of units occupied by owners as opposed to tenants. They will also look at the insurance coverage if it is maintained by the HOA instead of individual condo owners. If any one of these areas is not up to their standards--usually requiring a reserve fund consistent with the HOA rules, more than 50 percent owner occupancy and insurance that will at minimum repay all unit mortgages, they will not lend for a unit there. This is a good thing. It will help ensure that when you do buy a condo, it will be in complex that is economically viable.

Amenities and Maintenance-Free Living

If you do not like the responsibility of keeping up the grounds around your home but enjoy lush landscaping, the HOA yard maintenance will be a feature you like. If your condo complex has a pool or other amenities you enjoy but could not afford for yourself in a single-family home, a condo may work for you. You won't have to clean the pool or check the hot tub chemicals. It will all be done for you.

Convenient Locations

If you want to live in the heart of a densely populated urban area, in close proximity to a wide array of commercial uses, a condominium may be your only choice of housing. Land values in many downtown locations are prohibitively high for the construction of single-family homes. Living in a downtown condominium will open doors to cultural and sporting events you might never consider commuting to on a regular basis.

Other Considerations

Condo complexes often have security features that very few single-family home owners could afford--everything from a gated entrance to 24-hour security guards. Additionally, because each unit is in such close proximity to others, your neighbors can serve as eyes and ears even when you're away.

 
  • 2804 W 34th Avenue

    Anchorage, AK 99517

    $200,000

    • 3 
    • 2 
    • 1232 
    •  Active
    •  13-16011
    Great Turnagain Area 3 BR,2 full BA Condo w/ 2 car garage. Step out to a deck & fenced yard. Heat included in dues. Fireplace & open LR/Kitchen w/ din...
    Listing Office: RE/MAX Dynamic PropertiesAlaska
  • 13216 Old Seward Highway

    Anchorage, AK 99515

    $199,500

    • 2 
    • 1.5 
    • 1421 
    •  Active
    •  13-16449
    Searching for a great S. Anch location? Check out this townhouse style condo in sought-after Cedar Park: numerous upgrades in recent yrs, including ...
    Listing Office: Jack White Real Estate Eagle RiverAlaska
  • 1621 Elcadore Drive

    Anchorage, AK 99507

    $199,500

    • 3 
    • 2 
    • 1224 
    •  Active
    •  13-13137
    South Anch. T/H with vaulted ceilings done in tongue & grove pine, lots of light, stunning mountain views, open bar from kitchen to living area. 2 bed...
    Listing Office: Jack White Real EstateAlaska
  • 1241 Denali Street

    Anchorage, AK 99501

    $199,000

    • 2 
    • 2 
    • 972 
    •  Active
    •  13-12410
    You won't want to miss this super Chic condo within walking distance of downtown Anchorage. Every surface in this condo has been updated from the clea...
    Listing Office: Keller Williams Realty Alaska GroupAlaska
  • 1200 I Street

    Anchorage, AK 99501

    $199,000

    • 1 
    • 1 
    • 858 
    •  Active
    •  13-16107
    Downtown Living Without The Price.Nicely updated south facing condo across from New Sagaya.Elevator building for your convenience.Large one bdroom con...
    Listing Office: RE/MAX Dynamic PropertiesAlaska
  • 1946 Beaver Place

    Anchorage, AK 99504

    $197,000

    • 2 
    • 1.5 
    • 1218 
    •  Active
    •  13-15802
    This is a must see! 2 Bedrooms, 1.5 Bath townhouse style condo with spectacular views of Cheney Lake & the Chugach Mountains. Backs up to park land wi...
    Listing Office: Keller Williams Realty Alaska GroupAlaska
  • 10191 Nantucket Loop

    Anchorage, AK 99507

    $192,500

    • 2 
    • 1.5 
    • 1080 
    •  Active
    •  13-14355
    Delightful Independence Park townhome with garage. Updated Kitchen & appliances, open living area, and spacious BBQ deck leading to the private & fenc...
    Listing Office: RE/MAX Dynamic PropertiesAlaska
  • 1114 Latouche Street

    Anchorage, AK 99501

    $192,000

    • 2 
    • 2 
    • 1074 
    •  Active
    •  13-16236
    Live close to downtown in this beautiful Town home with an Open floor plan, custom, high end finish work throughout. Hand laid tile and laminate wood ...
    Listing Office: RE/MAX Dynamic PropertiesAlaska
  • 238 Deerfield Drive

    Anchorage, AK 99515

    $191,000

    • 3 
    • 2.5 
    • 1424 
    •  Active
    •  13-16891
    Wonderful 3 Bedroom, 2.5 Bathroom property off Klatt Road in South Anchorage. The warm and inviting floor plan offers lovely laminate floors, and a w...
    Listing Office: Keller Williams Realty Alaska GroupAlaska
  • 5235 E 26th Avenue

    Anchorage, AK 99508

    $190,000

    • 3 
    • 2.5 
    • 1664 
    •  Active
    •  13-16053
    Short Sale Oppurtunity! 3 story townhouse located close to JBER! Oversized garage with storage closet, open living area with gas fireplace with back...
    Listing Office: Keller Williams Realty Alaska GroupAlaska
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Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Malcuit Duo - Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. Malcuit Duo - Keller Williams Realty Alaska Group does not display the entire AK MLS IDX Listing Content Database on this web site. The listings of some real estate brokerages have been excluded. Last Updated Dec 7, 2013 4:00:am. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2013 Alaska Multiple Listing Service, Inc. All rights reserved.

Condos For Sale In Wasilla, Alaska


WHY A CONDO? (See Condo Listings Below)

A condominium is a form of ownership in which owners share an interest in common areas, such as parking structures and shared yards, and hold title separately to their individual units. Owners are members of a homeowners' association, or HOA, which enforces and amends the association rules and regulations. Depending on your personal preferences, there are advantages to buying a condo instead of a house.

Costs

A condominium generally costs less than a similarly located and sized single-family home. Because the overall cost is lower, both the monthly mortgage payment and the property taxes will be lower. Even with the HOA fees, which are used for maintenance of shared features like landscaping, your total monthly carry costs may be lower.

Mortgage Requirements

Lenders will actually help you understand whether a complex you want to buy into has a stable financial environment or not. They will look at the HOA reserve fund and the percentage of units occupied by owners as opposed to tenants. They will also look at the insurance coverage if it is maintained by the HOA instead of individual condo owners. If any one of these areas is not up to their standards--usually requiring a reserve fund consistent with the HOA rules, more than 50 percent owner occupancy and insurance that will at minimum repay all unit mortgages, they will not lend for a unit there. This is a good thing. It will help ensure that when you do buy a condo, it will be in complex that is economically viable.

Amenities and Maintenance-Free Living

If you do not like the responsibility of keeping up the grounds around your home but enjoy lush landscaping, the HOA yard maintenance will be a feature you like. If your condo complex has a pool or other amenities you enjoy but could not afford for yourself in a single-family home, a condo may work for you. You won't have to clean the pool or check the hot tub chemicals. It will all be done for you.

Convenient Locations

If you want to live in the heart of a densely populated urban area, in close proximity to a wide array of commercial uses, a condominium may be your only choice of housing. Land values in many downtown locations are prohibitively high for the construction of single-family homes. Living in a downtown condominium will open doors to cultural and sporting events you might never consider commuting to on a regular basis.

Other Considerations

Condo complexes often have security features that very few single-family home owners could afford--everything from a gated entrance to 24-hour security guards. Additionally, because each unit is in such close proximity to others, your neighbors can serve as eyes and ears even when you're away.

 
  • 5980 S Clearview Loop

    Wasilla, AK 99654

    $289,300

    • 3 
    • 2.5 
    • 2265 
    •  Active
    •  13-12582
    Spinells Eklutna Model @ Clear View Condos featuring an unsurpassed view of the Mountains & Inlet. A 4 CAR Garage is a plus to this home. Cherry Wood...
    Listing Office: RE/MAX Dynamic of the ValleyAlaska
  • 5990 S Clearview Loop

    Wasilla, AK 99654

    $234,000

    • 3 
    • 2.5 
    • 1714 
    •  Active
    •  13-4359
    Magnificent mountain & inlet views perched on a bluff overlooking Settlers Bay.Convenient floor plan offers open ktchn, dng, lvg area all facing the w...
    Listing Office: RE/MAX Dynamic PropertiesAlaska
  • 6170 S Clearview Circle

    Wasilla, AK 99654

    $218,300

    • 3 
    • 2.5 
    • 1714 
    •  Active
    •  13-12576
    Stunning INLET VIEWS from this Well Maintained Condo. End Unit! Buy to live in or make it your get away Retreat! Like NEW condition w 3 BRs, 2.5BAs,...
    Listing Office: RE/MAX Dynamic of the ValleyAlaska
  • 3954 N Coronado Street

    Wasilla, AK 99654

    $199,950

    • 3 
    • 2 
    • 1378 
    •  Active
    •  13-14473
    Beautiful, brand new ranch style home built by Helton Construction. Located in a beautiful area with lake access, this home has a 5* energy rating, va...
    Listing Office: Alaska Premier Real Estate, LLCAlaska
  • 401 S Wasilla

    Wasilla, AK 99654

    $181,260

    • 4 
    • 2 
    • 1514 
    •  Active
    •  13-14091
    Beautiful Condominium with gorgeous views of the Chugach mountains and Wasilla Lake. this 4 bedroom beauty has hardwood flooring, vaulted ceilings, d...
    Listing Office: Midnight Sun RealtyAlaska
  • 3500 S Peninsula Drive

    Big Lake, AK 99654

    $174,900

    • 1 
    • 1 
    • 551 
    •  Active
    •  13-16457
    One bedroom unit w/private deck overlooking Big Lake; Amenities include designated dock slip & 470sqft garage. Common areas include landscaped lakefro...
    Listing Office: Herrington and Company, LLCAlaska
  • 1463 S Center Point Drive

    Wasilla, AK 99654

    $169,900

    • 2 
    • 2 
    • 1243 
    •  Active
    •  13-15175
    Warm and cozy condo in the only fenced and gated community in Alaska, great location, easy commute. 2 bedroom and 2 bath with open living concept. S...
    Listing Office: Kibe Lucas Team Branch Office Keller Williams - Alaska GroupAlaska
  • 991 E Sue Lane

    Wasilla, AK 99654

    $119,900

    • 3 
    • 2 
    • 1016 
    •  Active
    •  13-16771
    Gorgeous ranch style condo that is meticulously clean and in like-new condition. Granite counter tops throughout, master bedroom with master bath suit...
    Listing Office: Rasmussen PropertiesAlaska
  • 201 E Danna Way

    Wasilla, AK 99654

    $119,500

    • 2 
    • 1 
    • 990 
    •  Active
    •  13-14012
    Maple cabinets as compared to oak in similar units. Dues include natural gas, trash, snow removal, yard maintenance, building and driveway maintenance...
    Listing Office: IEC RealtyAlaska
  • 1792 E Neil Circle

    Wasilla, AK 99654

    $117,000

    • 2 
    • 1 
    • 900 
    •  Active
    •  13-16134
    Unbelievable affordability for almost any budget. Newer, 2 bedroom, 1 bath home, with oversized 1 car garage. All appliances included. Great centraliz...
    Listing Office: Keller Williams Realty Alaska GroupAlaska
Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Malcuit Duo - Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. Malcuit Duo - Keller Williams Realty Alaska Group does not display the entire AK MLS IDX Listing Content Database on this web site. The listings of some real estate brokerages have been excluded. Last Updated Dec 7, 2013 4:00:am. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2013 Alaska Multiple Listing Service, Inc. All rights reserved.

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