Alaska
Real Estate in Alaska
Last updated on Jan 05, 2023
Summary: A newcomer to Alaska should begin their search by researching the different areas of the state and determining which one best suits their needs. They should also consider their budget and the type of home they are looking for. Once they have narrowed down their search, they should contact a local real estate agent who can help them find the perfect home. Homes in Alaska typically include amenities such as a garage, a deck or patio, and a large yard. Many homes also have views of the mountains, lakes, or ocean. Depending on the area, some homes may also include a hot tub, sauna, or other luxury features.
What do I need to know when buying property in Alaska?
When we asked expats what advice they would give a foreigner before buying a property in Alaska, they said:
"When buying property in Alaska, it is important to research and educate yourself. Determine what type of property you are interested in and understand the ownership restrictions in place. Be prepared to pay higher closing costs than other states since Alaska has some of the highest cost of living. Learn about the property taxes, insurance requirements and homeowner’s or rental insurance in the state. Make sure to get a home inspection for any property you are interested in, and be aware that certain properties come with specific restrictions or requirements. Consider speaking to an Alaska real estate professional to gain local insight and knowledge," said one in Alaska.
Are foreigners allowed to own property in Alaska?
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
