Kenai Real Estate Archives - Page 8 of 9

1006 Inlet Woods Drive Kenai, AK 99611

March 20, 2013 By Glenda Feeken Leave a Comment

BEAUTIFUL & SPACIOUS Kenai real estate in premier neighborhood. This Kenai home has an updated kitchen with tile flooring that extends to the dinning room. Private master retreat with large custom closet. Light filled family room with wood burning fireplace. Downstairs den currently used as media room with adjoining office. Office could potentially be converted into a fourth bedroom. Landscaped backyard with green house & smoke house. Move-in ready!

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Kenai River Real Estate Is Not Worth What It Used To Be!

January 31, 2013 By Glenda Feeken

I can’t tell you how many conversations I have had in the past few weeks about Kenai River Homes. Kenai River real estate be it homes or vacant land have been strongly influenced by national economic cycles. The strong price appreciation in early to mid 2000’s was driven by discretionary income and investments, often out of state 1031 exchange money. This money pushed river pricing to a point of refusal for many buyers. As a result Kenai River property values and the volume of sales have dropped during the market correction.

This article was written to review the 2012 market activity. For current information please visit the Kenai River Real Estate main page. The market activity and prices have increased with a strong recovery in 2013 and 2014.

The Good News: We are seeing signs of a recovery as the national real estate market slowly improves and a return in qualified buyers to the Kenai River.

The Numbers: a nonscientific sample

Sold Lots: In the last 12 months 13 Kenai River lots have sold with widely varying pricing. The sales ranged from 82.49 acres for $1,050,000 to .42 acres for $80,000.
Active Lots: On the market currently are 25 Kenai River Lots ranging from 14.35 acres for $2,290,000 to .07 acres for $29,900.

Sold Homes: In the last 12 months 12 homes have sold, one was a lodge for $750,000. Kenai River homes sales range from $575,000 to $200,000.
Active Homes: There are currently 29 Kenai River real estate and homes for sale. The listing range from $1,800,000 to $125,000 for a cabin .16 acre.

We cautiously expect to see a positive improvement in the number of sales and a gain in sales prices. If you would like to learn more about purchasing or selling Kenai River real estate please contact us or call 907 252 2743.

By Glenda Feeken Broker and Owner of RE/MAX of the Peninsula and lead for TEAM FEEKEN

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Kenai Real Estate 10 Year Market Report 2012

January 11, 2013 By Glenda Feeken

Buyers Gone Missing For Kenai Homes

January 8, 2013 By Glenda Feeken

My client came in to the office to talk about the sale and marketing effort on his home. My client is a former agent and had several questions.

“So why are you not doing open houses. When I was a selling real estate in the lower 48 we did open houses. Where are all the lookers? Where are all the people that are just curious about the home. Why are we not getting more showings on my property?”

I was just getting ready to answer when a voice rang out from the next office. We have a open window between offices…. It said we hold your home open 24-7 and now that curious person can just go on line and look at the virtual tour or You Tube video to get a up close look at your home from the comfort of their home in their jammies. Why bother putting your coat on and trudging out in -30 weather when your can just fire up the computer. The client looked a little stunned and said “well I never though of that.”

I went on to explain that buyers are doing extensive research online before they even contact a Kenai REALTOR to look at homes. That is the reason we provide great pictures, virtual tours and a local area specific custom web site to make this process so much easier for the buyer.

So the mystery is solved. The Kenai Homes buyers are not missing, just home by the fire on the computer checking your home out from a distance. If you are selling or thinking of selling be sure that your home is prepared to impress online.

Sterling Cabin Transformation

December 8, 2012 By Glenda Feeken

This Sterling home will delight! Log cabin transformed into a 5* home with air exchange. Single Family in Sterling on 2.23 acres! Enjoy the privacy of this wooded landscaped site. Amazing living with cabin theme, one of a kind. Large country kitchen w/ custom maple cabinets, warm hardwood floors in living room. You will love the home’s private master, lower level family room and extra storage. Charming stone accents on the exterior with well maintained grounds. Exceptional cabin on skids will remain. The cabin can be storage or extra heated guest quarters.

Search Sterling Homes

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Map Search Feature Introduced

December 7, 2012 By Glenda Feeken

Introducing a new Kenai Real Estate Map Search. Interested in a specific area but don't know the details. Simply move the map over your search area and begin.

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