Southeast Living May 2011

May 2011 • Vol. 1 • No. 3

COST & EFFECT

Affordable housing starts with having affordable land.

– page 3

REALTOR RUNDOWN Do you know what it takes to be a Realtor?

– page 12

RENT -VS- BUY Which one is right for you?

– page 7

Photo by ANNA HOKE SEE THIS HOME AND MORE ON PAGES 8-9

Call me today and let’s discuss your Real Estate needs.

Marty McKeown

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Cell: 907-957-2313 • Office: 907-789-4794 • Toll Free 888-777-6543 martymckeown@yahoo.com • www.homesinjuneau.com

BROKER | OWNER

SEE PAGES 8 & 9

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Nobody Sells more Real Estate than RE/MAX TM

Table of Contents STORIES JAHF applications now available .................. Pg. 2

Letter from the Publisher

Neighborhood Sweep and sense of pride when members of a community (or even a single street, such as was my case) do their part to keep the neighborhood clean and green.

By Charles L. Westmoreland It took just one year of living in Southeast Alaska for me to learn how seasonal change works here.

There’s six months of winter, give or take a month, and about three months of summer (in a good year), with Spring and Fall slipping in there somewhere. But then if it rains all summer it really means we just had four months of Spring. And Fall consists of about two weeks in October. A few years ago I blinked and missed Fall altogether.

But through this change in climate, and culture, I learned to never take a sunny day for granted. Ever.

I reminded myself of this recently while I was doing some yard work with the kids, a chore that we wouldn’t normally enjoy, but given the near 60-degree weather the idea of spending some time outdoors seemed too good to pass up (Note to self: kids don’t like picking up dog poo regardless of the weather).

When all tasks were complete and as a golden sunset emanated from behind the mountain tops, we cleaned off the grill and enjoyed our first barbecue of 2011. We couldn’t have picked a better day to be outdoors (because it snowed two days later).

My family wasn’t the only one on the street in Spring Cleaning mode.

Several of our neighbors had the same idea, and there’s a great satisfaction

Contact information: Southeast Living Magazine PO Box 20749 Juneau, Alaska 99802 info@seakliving.com

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Earth Day (April 22) has come and gone, but as the last snowy fragments of yet another winter melt away we need to remember the spirit of Earth Day, which is to be aware of and appreciate the environment around us.

And that awareness and appreciation starts at home.

In the months ahead we should all find ways to help keep our neighborhoods beautiful and to share a sense of community with those around us.

Whether it’s organizing a neighborhood barbecue or potlatch, or rallying a few neighbors to pick up trash on the sidewalks and street, the important thing is to appreciate the communities we live and all do our part to keep our surroundings clean.

All of us in Southeast Alaska live in isolated communities, and therefore we all need to be especially aware of how our actions affect one another and the footprint we leave behind. Working together to keep our homes and neighborhoods clean is just one way we can honor the natural beauty that engulfs all of Southeast.

• Charles L. Westmoreland is publisher of Southeast Living. He can be reached at Charles@seakliving.com.

Visit: www.seakliving.com

Call:

907.723.4419

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Affordable Housing: Cost and Effect ...... Pg. 3 Business Briefs ....... Pg. 5

RE/MAX of Juneau, Marty McKeown .. Pg. 8-9 Prudential Southeast AK Real Estate ......... Pg. 10-11 Alaska Pacific Mortgage ................................... Pg. 12

Rent Vs. Buy ............ Pg. 7

State Farm Insurance, Malia Hayward .... Pg. 13

Q&A: Why do you need a Realtor? ............... Pg. 12

Real Estate Service, Inc. ................................... Pg. 14

BUSINESSES

BUSINESS DIRECTORY ....................................Pg. 15

First Bank ................. Pg. 3 Coldwell Bank / Race Realty ........................ Pg. 4 Residential Mortgage, Bethany Woods ..... Pg. 5 RE/MAX of Juneau, Scott Wagner ......... Pg. 6 Residential Mortgage, Vickie Perry ............. Pg. 7 Housing Fund ‘round one’ applications now available Southeast Living Staff Preliminary applications for “round one” funding of the Juneau Affordable Housing Fund (JAHF) are now available, the City and Borough of Juneau and the Juneau Economic Development Council announced.

“The purpose of the JAHF is to address the shortage of affordable housing in Juneau by providing low and zero-interest loans to non-profit organizations, public housing authorities, and profit-motivated entities that can provide housing for households at 120% Area Median Income and below,” according to the agencies.

The JAHF will be managed by the CBJ Assembly-appointed Affordable Housing Commission and the Scott Ciambor, CBJ Affordable Housing Coordinator with the Juneau Econom-

• Assist-2-Sell • Nail Jazz • Julie Moe, RE/MAX • Mimi Rothchild, RE/MAX • StagingJuneau.com • JoAnn Birt, RE/MAX • The Curing Touch • Residential Mortgage • Bullwinkles Pizza ic Development Council. Each year the Commission will set priorities for the use of JAHF funds. JAHF Round One priorities include: use of capital to develop housing units; one-bedroom rental units for low-income residents (50% AMI and below); and long-term affordability (50+ years).

The deadline for questions is May 5 and preliminary applications will be accepted until 4:30 p.m. on May 31.

For an application or more information contact Scott Ciambor, JEDC Affordable Housing Coordinator, at 523-2338 or e-mail sciambor@jedc. org. More information on the JAHF program is available at http://jedc.org/ housing-fund.shtml.

The Juneau Affordable Housing Fund was established by the City and Borough of Juneau on July 19, 2010, for the creation, acquisition, rehabilitation, or preservation of affordable housing. The JAHF is the first of its kind in the State of Alaska.

Affordable Housing, Part II

Cost & Effect: Developing in Juneau

By Charles L. Westmoreland Editor’s note: This is the second in a three-part series. The first part focused on a study conducted by the Juneau Economic Development Council on affordable housing in Juneau. Part two gives the perspective of what Realtors and developers have seen, and what they believe can help solve the lack of affordable housing.

Part three will appear in the June issue of Southeast Living. All stories can be read online at www.seakliving.com.

“I’m sorry but the homes are too expensive to buy. Do you know of anything I can lease?”

This was the sentiment of an e-mail that Errol Champion, a Realtor with Race Realty, received recently from a Coast Guard family relocating to Juneau. It wasn’t the first of its kind, nor is it likely to be the last one he receives With limited development — only about 40 new building permits have been approved each of the last four years — and little available land to

purchase, the term affordable Juneau “In order to build moderately priced housing has become an oxymoron homes you have to be able to buy modof sorts, with the repercussion felt by erately priced land,” Race said. “ newcomers and longAdded Chamterm residents alike. pion: “But the cost According to the Juof developing land neau Economic Deis so overwhelmvelopment Council, ing.” the city needs more The largest land than 340 new units owner in town is comprised of single the City and Borfamily, multiple famough of Juneau, ily and rental units. and since receivChampion, a Reing nearly 20,000 altor since 2005 and acres at statehood former Juneau Asonly a fraction has sembly and Planning been released into Commission mempublic hands. And ber, and Mike Race, when it has been a lifelong Alaskan and sold or auctioned owner of Coldwell off parcels some­– Mike Race, Owner and Banker Race Realty, times cost as much Broker, Race Realty believe the lack of afas $100,000. And fordable housing in that was just the Juneau comes down land minus any to one main factor: the price of land infrastructure such as sidewalks, sewer and cost to develop it. and water lines or power lines in place.

“In order to build moderately priced homes you have to be able to buy moderately priced land.”

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“In Juneau land is assessed too high before it’s even developed,” Champion said.

Race said the result has been that some builders spend years developing land and putting in the necessary infrastructure, spending hundreds of thousands of dollars before a single house is even built. Not only is that not good for a market that needs more housing, he said, but it also means the city is collecting property tax on undeveloped land instead of land with homes built on it.

“The city should release land at a low enough cost that individuals can buy and develop it,” he said. “Then they will have some skin in the fight. And if you make land less expensive for private residents you can increase the tax base as the land grows in value.”

He also suggested that the city assist with developing infrastructure for subdivisions and not placing it all on the developer.

Continued on Page 14

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Let’s meet in person and talk about your real estate needs.

Visit our office at 2103 N. Jordan Ave., call us at (907) 789-0555 Mike Race, BROKER

– Elfin Cove –

The Hobbit Hole

$2,000,000

This property is as beautiful as it looks, featuring 3 houses on 4.6 acres of private land. The homes are nestled against a natural harbour and has a creek that flows through this elegant property. And wait until you hear about the extras! This property also includes a shop, 90’ float and a floatplane dock. #10060

– Juneau –

Papa Murphy’s 9108 Mendenhall Mall Road

$295,000

Here’s your chance to become part of a well-established franchise and household name in Juneau, Papa Murphy’s! The space for this popular “Take & Bake” pizzeria, which also serves up pasta and cold non-alcoholic drinks, is now available for lease. But please do not disturb the operating business, and because this is a franchise opportunity it is subject to certain regulations (which are available). Records and financial information will require an offer and a signed confidentiality agreement. Call us to learn more about this business opportunity. #10388

– Juneau –

Lucky Lady

$980,000

Don’t pass on a great business opportunity. This popular bar in the heart of downtown Juneau near the waterfront contains the rich history of the Lucky Lady, Mary Joyce. The Lucky Lady is an Irish pub and is one of the most popular downtown hangouts among the cruise ship staff members who visit Alaska’s capital city every year. #10115

VISIT US ONLINE AT

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New faces, new places Southeast Living Staff JULIE MOE joined RE/MAX of Juneau as a Realtor.

She previously worked at Exit Realty in Juneau and has more than 30 years of experience in mortgage lending, title and escrow and real estate sales. Twenty years of that time was spent as a loan originator.

“I have an extensive background in lending and real estate sales, combined with my knowledge of the local real estate market,” she said. “My wellrounded background is what has allowed me to help so many individuals achieve their dream of home Julie Moe ownership.”

Upon returning to Juneau after spending 25 years living and working in California and Washington, she worked as an underwriter at a local bank and then as an administrative officer for the Alaska Commission on Postsecondary Education for nearly five years. It was after that Julie returned to real estate.

“I decided to return to my true passion of selling real estate and helping families achieve their dream of home ownership,” she said.

Julie (formerly Julie Banfield) was “raised in Juneau by pioneer Alaskans, Norman and Mildred Banfield.” She graduated from Juneau-Douglas High School in 1973 and then attended and graduated from California State University in Fresno. She also earned the designation of e-Pro® in 2010 and is President Elect for the Southeast Alaska Board of Realtors.

Julie is married to Rick Moe and they have six children and seven grandchildren. When not keeping busy with family she likes to quilt, sew, cook and read.

ELA WEHRMANN joined First Bank in Juneau as a Mortgage Originator.

She has worked as a mortgage originator for more than eight years, previously working at Network Mortgage in Santa Cruz, Calif., and Alaska Pacific Bank in Juneau.

“I saw an opportunity to focus on what I do best — sales and customer service,” she said of joining First Bank.

“From this position and my previous one at Alaska Pacific Bank, I’ve learned that it’s the people that make Alaska such a great state, and they deserve prompt attention and a pleasant and friendly loan transaction. It’s my pleasure to serve them.”

Wehrmann’s college background is in horticulture, Ela Wehrmann business management, sales and marketing. Before becoming a mortgage originator she was a member of several business teams that formed new businesses from the ground up.

Like most Southeastern Alaskans, during free time she enjoys the outdoors, particularly boating, kayaking, hiking and “catching my first salmon.”

AIMON INDOUNG joined Southeast Living in April as a marketing consultant and graphic designer.

She previously worked with the Capital City Weekly and has several years of marketing experience in Southeast Alaska.

Aimon holds a liberal arts degree, Aimon with a minor in Indoung

communication, from the University of Alaska Southeast.

“It’s great to be a part of something new and exciting like this,” she said of joining Southeast Living. “I appreciate what Anna and Charles have done so far with the magazine and I look forward to helping it grow.”

Originally from San Diego, Calif., Aimon first moved to Alaska in 2004 to attend UAS. After spending some time working on whale watching boats she left the tourism industry and in 2008 shifted careers to digital and print media.

“Aimon has a proven marketing background throughout the region and understands what it means to offer quality customer service,” said Southeast Living Publisher Charles Westmoreland. “I know from experience what a great person she is to work with and I’m proud to welcome her to our team.”

In her free time Aimon enjoys paint-

Share your business news with all of Southeast Alaska by e-mailing us at info@seakliving.com ing murals, writing, cooking, sewing, competing in roller derby, world traveling and home repair.

THE CURING TOUCH is open for business.

Owned and operated by Shelley McNurney, The Curing Touch offers services that provide relief for chronic pain and other emotional and physical issues ranging from arthritis and back pain to depression and addiction.

“My service is a simple system based on Gary Craig’ Emotion Freedom Technique (EFT),” she explained. “It’s been documented to help people overcome a wide variety of emotional and physical problems. What’s unique about it is that it’s painless, non-invasive, and often works when nothing else will.”

Shelley was born and raised in Juneau and has received training in neuro-linguistic programming, mindset, EFT, natural health and communication. She has been practicing EFT for two years and said using the techniques cured her of asthma. That was one of several reasons that led to her starting

The Curing Touch.

“Nothing makes me feel better than helping people overcome their problems,” Shelley said. “I was working with a friend a couple of years ago and after helping her with some knee pain, she exclaimed, ‘Shelley, this is what you should do!’ The more I thought about it the more I liked the idea.”

To learn more about The Curing Touch call 723-9809 and e-mail Shelley@CuringTouch.com.

TINY TREASURES CHILD CARE is welcoming the pitter-patter of little feet.

Barb Davison opened the child care center in April in the former Salvation Army building located at 538 W. Willoughby Ave. in Juneau.

The center is for children from six weeks to 12 years old. In an April interview she told the Juneau Empire that Tiny Treasures was already at its capacity of 12 children, the most allowed with a group home certification.

To learn more about Tiny Treasures call 523-9020.

T H E B E S T P E O P L E M A K E T H E B E S T CO M PA N Y

Serving All Southeast Alaska

Bethany Woods Your Home Mortgage Consultant Lic #AK279796

907-523-7102

www.bethany-woods.com Conventional • FHA/VA Construction • Alaska Housing HUD-184 • Streamline Refinances Down Payment Assistance

Toll Free 877-570-2329

8800 Glacier Hwy, Ste 232 • Juneau, AK 99801 W W W.

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3051 glacierWooD Drive

42 gorDon Street

8546 ForeSt lane

Well maintained home in desirable Riverwood Subdivision! This 4 bedroom, 3 bath home has 1,984 sq. ft. of living space and a large fenced back yard. Features include updated laminate flooring, a covered deck off the kitchen, upstairs living room with fireplace, and downstairs family room with woodstove. Enjoy the custom built sauna in the large remodeled bathroom. Attached garage, boat parking, and plenty of extra paved parking for all your toys!

MLS#: 10527. Price. . . . . . . . . . . . . . . . . . . . . . . .$344,900

Stunning Downtown Condo! This Craftsman Style condo has 2 bedrooms, 1.5 baths and is just a block from the State Office Building. Amazing woodwork and finishes throughout including a custom wood staircase, Fir hardwood floors upstairs, wood beam ceilings and in-unit laundry. The kitchen has granite counters, custom hickory cabinets, and beautiful pendant lighting. The unit has an energy efficient Toyo stove, off street parking for 2 cars, and very low HOA dues. You will love living at Patagonia Condos! MLS#: 10537. Price. . . . .$239,900

Newer Valley Ranch! Built in 1996 by Northern Lights Construction, this 3 bed, 2 bath home has so much to love including vaulted ceilings, custom lighting throughout, a large kitchen, and an open floor plan for entertaining. The master suite has a master bath and walk-in closet. You will love the 564 sq. ft. garage with plenty of storage. Outside you will find a fenced back yard with a gazebo and parklike setting. There is plenty of parking for vehicles as well as a paved boat/RV parking pad. MLS#: 10510.

Price. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$329,900

2937 SimPSon ave.

305 B Street, DouglaS

800 F Street, unit m-4, ParkShore

Enjoy beautiful town, water, and mountain views from this newer attached home in West Juneau! The home has 2 large bedrooms and 1.5 baths in 1,098 sq. ft. of living area. The upper floor features an open floor plan with vaulted ceilings and a spacious view deck. There is an attached 1 car garage and extra off street parking! New roof in 2002 and vinyl siding makes this a low maintenance home you will enjoy! MLS:# 10173.

Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $227,000

Spacious turn of the century home in Douglas! This updated home has 3 bedrooms and 2 baths in 2,485 sq. ft. (per appraisal). A modern addition added a master suite with vaulted ceilings, a walk-in closet, and master bath on the upper floor, and a large family room and bedroom on the main level. The updated kitchen has a charming eat-in area, propane cook top, and updated appliances. There is a 1 car detached garage and boat parking. Only blocks to Sandy Beach, Island Pub, & Perseverance Theatre. MLS#: 10515. Price. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $349,900

Welcome home to Parkshore! This 2 bedroom, 2 bath condo in Downtown Juneau has been very well maintained by the original owner. The unit features updated flooring and appliances, a 1 car carport, washer/dryer in unit, an enclosed porch with a storage closet, and a newer pellet stove in the living room. This is a middle unit with only 7 steps to the front door. The complex has an updated roof and guest parking! MLS#: 10471. Price. . . . . . . . . . $220,000

107 5th Street, DouglaS

9160 Jerry Drive

9322 turn Street

View home in Douglas! This 3 bedroom, 2 bath home has an updated roof, many new windows, an updated and serviced boiler, and off street parking for vehicles or boats. In addition to the 1,311 sq. ft. (per appraisal) there is an additional 931 sq. ft. basement that has been partially finished. The basement has a large finished bedroom and an equally large partially finished room for hobbies or storage. MLS:# 10391. Price. . . . . . . . . . . . . . . . . . . . $255,000

Valley Ranch! This 3 bedroom, 1.5 bath home sets on a quiet cul-de-sac and backs to CBJ land. Updates include a remodeled kitchen, flooring, paint, and windows! There is an oversized carport and an extra storage room. There is an oversized carport, an extra storage room for outdoor gear and lawn equipment, and a covered porch off the living room for your bbq. MLS: #10300. Price. . . . . . . . . . . . . . . . . . . . $249,900

Chalet style home centrally located in the Valley with mountain views! This 3 bed, 2 bath home has an open floor plan, a large entertaining deck, and a huge garage.

The back of the garage has been partially finished. This property is corporate owned and is an “as-is” sale. MLS:# 10254. Price. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $274,550

Scott Wagner, aBr, cDPe RE/MAX of Juneau

8800 Glacier Hwy, Suite 219 Juneau, AK 99801 907 723-7424 Cell 907-789-4794 Office 888-777-6543 Toll Free www.ScottWagnerHomes.com ScottWagnerHomes@hotmail.com

Home for the Cure sm

It’s time to sell! Call me today about listing your home.

R ent Vs. Buy W O R Y ? hich

According to a National Low Income Housing Coalition study on fair market rent affordability, the average rent in Juneau has been on the rise. During the last two years

“Should I rent or buy a home?”

As a licensed mortgage consultant, this is a question I hear often.

Making this decision comes down to reviewing and comparing the housing market versus the rental market (as analysts frequently do) to determine which is the most economical for you.

ight for

buy a home.

So why aren’t more people buying? I believe it’s merely the need for more information. Let’s compare average

ou

als, such as your realtor and lender, for advice on how to help.

Some of the people I meet who are considering buying

Juneau Avg. Rent

Housing Equivalent @ 4.875% With 5% down

2 Bedroom

$1,222

$180,000 sales price = $1,249 *

3 Bedroom

$1,651

$240,000 sales price = $1,665 *

4 Bedroom

$2,058

$300,000 sales price = $2,081 *

By Bethany Woods

ne is

Buying a home is about more than just having a place to live; it’s about having a long-term financial investment that will work for you in years to come.

*Principal, interest, taxes, insurance and PMI

we have also seen an influx of new residents that also has increased the demand for affordable housing. About onethird of those living in Juneau are renters (approximately 4,000). According to the Juneau Economic Development Council, about 25 percent of those renters could qualify to

rental costs in Juneau to what you might pay on a home mortgage loan (see chart above).

If you’ve saved for your down payment but are concerned about covering closing costs, there are many ways to assist. Look to the profession-

rent, there is a notable difference in their net worth long term. Each mortgage payment you make invests in your financial future, whereas each rent payment you make is someone else’s financial gain.

a new home are concerned when news reports talk of a bleak economy. Yes, purchasing a home is a big financial investment. But it’s just that: “an investment.”

When analyzing individuals who invested in a home versus those continuing to

Bethany Woods is a licensed Mortgage Consultant for Residential Mortgage, LLC (AK#279796 / AK#167729).

She can be reached at woodsb@ residentialmtg.com or by calling (907) 523-7102.

Let’s make your dream of owning a home come true “There’s never been a better time to buy a home. Call me to make your dream a reality.”

“The Key to Your Home Starts Here! Call me to begin unlocking the door into homeownership.”

Bethany Woods

Vickie Perry

Licensed Mortgage Consultant

Branch Manager & Licensed Mortgage Consultant

LICENSE# AK279796

(907) 523-7102 www.bethany-woods.com

8800 GLACIER HWY., STE. 232 • JUNEAU, ALASKA 99801 WWW.RESIDENTIALMTG.COM/JUNEAU

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LICENSE# AK195996

(907) 789-2329 www.vickieperry.com

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Call me today and let’s discu

SINGLE FAMILY

14321 Glacier Hwy

View, View, View From Every Room In This Spacious 3,072 Sq. Ft. Home. Built In 2005 This Cedar Beauty Sits On A 27,542 Sq. Ft. Lot Overlooking Indian Cove. Skylights Make This 4 Bedroom, 4 Bath Single Family With Apartment Even Lighter And Brighter. Wall Of Windows Looks Out On To A Expansive Deck In This Private Setting. Open Floor Plan, In Floor Radiant Heat, Granite Counter Tops, Hardwood Floors And 962 Sq. Ft. Of Garage.

MLS: 9992 $869,000

12590 Glacier Highway

8687 Dudley St

4 Bedroom, 2 Bath 1822 sq ft Ranch style home on a quiet street in the Valley. Stay warm and cozy with a Wood stove in the living room and a fireplace in the family room. NEW carpet & flooring , Beautiful Remodeled Kitchen, NEW Boiler 2005, NEW roof 2001. Convenient to elementary and middle schools. Large 15246 sq ft lot and a 528 sq ft garage. Priced at $339,900

Beautiful Single Family Home w/Apartment in Auke Bay! Newer home built in 1997, main house has 3 Bedroom, 2 Bathroom, large living room plus two family rooms! Lots of deck for grilling and catching the sun! Big 2 car garage with over-sized doors, high ceiling, paved parking with plenty of room for a boat. 550 Sq. ft.

Apartment has 1 Bed and 1 bath, with separate entrance. Asking price: $512,900

9016 Ninnis Drive

Great house, great price in Montana Creek Subdivision! This 3 bedroom, 2 bath home sits on a large 17,644 sq. ft. lot on Ninnis.

One owner home, built in 1998 by Lowpete Construction features 2 levels, open kitchen and a huge great room. Master bedroom up and with other bedrooms down. Beautiful cedar siding, 2 car garage and an arctic entry. MLS: 9807. Price @ $399,900

NE

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IC

E

9195 Black Wolf Way

3952 Portage

3630 McGinnis Dr

Single family in the Valley. Move in ready. 3 bedrooms, 2 1/2 bath built in 2007. Five Star energy rating when built. Custom kitchen with glass face cabinets, Corian counter tops, tile floor and stainless steel appliances. Master has vaulted ceilings, double door entry, walk in closet and private bath.

1474 sq ft of living space with a 540 sq ft garage on a large 12,265 sq ft lot. MLS #10526 $339,900

Valley attached on corner lot facing Portage, other side faces Duran. 3 bedroom, 1 1/2 bath. Extensive upgrades have been done over the past 2 years including flooring, light fixtures, bathrooms, kitchen counter tops and cabinets refaced. 1394 Sq. Ft. of living space, 1 car garage & fenced yard. All this & a view of the glacier from the Master bedroom. MLS: 10442. Only $249,900.

2552 Engineer’s Cutoff

New Construction almost complete. 70-80% finished 4 bedroom, 3 bath home atop of one of the most 5975 Sunset St unique lots in Juneau. Beautiful views of the valley.

Single family home on huge lot with large garage. Two Many high end features with a beautiful kitchen. Bamstory, 3 bedroom, 2 bath in 1619 sq ft of living space. boo flooring, jetted tub, coffee bar closet, tile flooring.

Great decks surround side and back of home. 12,000 Many featured complete and a few to go. Over an acre, sq. ft. lot with a 556 sq ft garage. Priced at $309,900 borders public land. MLS# 9321 Asking $299,000

Beautiful 4 bedroom, 2.5 bath home in the much sought after Montana Creek Subdivision. Built in 2001 this home has many great features including a bonus room, custom desk and entertainment center in the family room, entire house wired for sound. 2906 sq ft of living space and a large 728 sq ft garage, RV and boat parking. The back deck looks out onto the large 16742 sq ft lot overlooking a pond. Lots of windows make this home light and bright. $519,900

9019 Gee St

Sweet Ranch Home in the Valley! This remodeled 4 bedroom 1 bath sits on a huge lot (11,142 sq. ft.) close to everything the Valley as to offer!

Many upgrades since 2004 include: new kitchen, boiler, roof, vinyl siding/windows, carpet, laminate floors, doors, bath fixtures, lighting and more! MLS# 10230. Asking price: $239,900

4106 Aspen Ave

Beautiful single family ranch located in the Mendenhall Valley. Home was extensively renovated in 2006: 30 year roof, interior paint, vinyl windows, interior and exterior doors, bathroom and kitchen remodel, floor coverings, trim and heating system. 3 bedroom, 2 bath in 1606 sq ft. Living room and family room. $305,000

4524 Kanata Deyi

Ranch style single family home located in the Valley. 3 bedroom, 2 bath in 1385 sq ft of living space.

Built in 2002 on a 9200 sq ft lot with a 290 sq ft garage. Foreclosure property. “AS IS” sale. $186,500

Nobody Sells more Real Estate than RE/MAX TM

907-789-4794

Toll Free 888-777-6543

www.homesinjuneau.com 8800 Glacier Hwy, Suite 219 • Juneau, AK 99801

Marty McKeown BROKER - OWNER

martymckeown@yahoo.com Phone: 907-957-2313

scuss your Real Estate needs.

As a life long, 3rd generation Alaskan raising a family here in Juneau, I appreciate knowing who I am working with especially when making a large investment such as a home. With over 20 years of Sales and Service in Juneau and Southeast I have what it takes to make buying or selling your home an enjoyable experience with results you can take to the bank. I am honest and hard working with quality Customer Service as my number one goal!

LOTS

SINGLE FAMILY

ONLY 1 LEFT

2 Gladstone Lots

Build your a Single Family Home, Duplex or Attached Homes on these 2 Gladstone Lots! 2 flat, sunny building lots in the Valley, last right before the Glacier...ready to build, all the site prep is done! Almost 3/4 of an acre each (30,750 sq. ft.) with utilites to each site. Zoned D-5. Call for more info. MLS: 10101 & MLS:10102 $131,900.00 Each.

Waterfront North Douglas Lot

10620 Horizon Dr

Like new in Bayview. Built in 2003 this single family home is on a corner lot, 4 bedrooms, 3 baths in almost 1800 sq ft of living space. Beautiful kitchen with custom cabinets and granite counter tops. A 494 sq ft garage, all this and more on a large 15,004 sq ft lot. 5 star energy rated when built. Priced to sell at $369,900

CONDOS

3315 Pioneer Ave

Single Family w/Apartment has 4 or 5 Bdrm, 5 Baths and Family Rm in 2,592 sqft of living area. 2 car Garage. Living Rm has Downtown & Water View. Master Suite has spa Bath (jetted tub & separate shower) and 2 walk-in Closets.

Kitchen has walk-in pantry, Breakfast Bar & Breakfast Nook with water VIEW. Formal Dining Rm. $399,000

4025 N. Douglas Hwy

Single Family with Apartment, view of the water on a large lot. Home sets back off the road and has a huge front lawn. Main house has 3 bedroom, 2 bath and a loft that has been used for a studio/office. Apartment has 2 bedrooms and 1 bath with stairway to main home. Could easily be a large Single Family home if desired. $499,900

NEIGHBORING COMMUNITIES

On channel with water and mountain views!

Property located south of 5360 and opposite 5323. MLS: 8721 $89,900

Hoonah Lot

Beautiful building lot in Hoonah! this large 13,755 sq. ft. cleared lot already has a building pad and is ready for a home! Dalton Creek Subdivision is just outside of town and is one of Hoonahs newest neighborhoods. Water, Sewer and electric are at site. Building pad is approximately 50x60. MLS: 9915 Asking $64,900

NHN Pioneer Lot

Build Your New home on this 8,250 sq. ft. lot.

Downhill side of Pioneer Ave. in West Juneau!

Great Views of Downtown Juneau and Gastineau Channel. MLS: 9646 $87,500.

Thane Road Waterfront Lot!

Waterfront Lot on Thane Road! Almost one acre on the water at the very end of Thane. Nice building spot on the road side with wonderful view of Gastineau Channel. MLS 9256 $199,900

Industrial Zoned Lot

Crest Condo B201

Condo living at its finest in the much sought after Crest Condos at Lawson Creek. Incredible views of Gastineau Channel and surrounding mountains. This is a level walk in unit with no stairs. Immaculate with 2 bedrooms and a possible 3rd that is now being used as a den.

2 bathrooms, Large master suite with walk in closet in 1328 sq ft. , covered balcony. Enjoy a garage and Washer/ Dryer in unit. MLS: 10164 Price to sell @ $289,900

Tenakee Hot Springs

507 Tenakee Ave Tenakee Springs

Family home, one and a half story with a view of the inlet. 3 bedroom, 1/2 bath in 1,035 sq ft of living space. Wraparound porch, deck, shed, metal roof, wood stove and monitor are just a few of the many amenities. MLS: 10340 $179,900

LOWPETE CONSTRUCTION

Beautiful Custom Home in Tenakee Hot Springs!

This Single Family home sits on a huge 9375 sq. ft lot, rare for this town. Two building cedar home connected with a coverer wrap around deck. 2 bedrooms, 1 bath with nice open kitchen. Hardwood flooring, large woodstove for cooking plus another for heat. Monitor type stove in 2nd building. Home is approx 80% finished with materials on site to help with completion. Beautiful water views, lot in front is vacant. MLS:10202 Asking Price $299,000.

Industrial zoned lot in the heart of Lemon Creek.

Lot is 11,395 sq feet and has a condemned structure on it that needs removed. Priced at $79,900

REMOTE Waterfront on Shelter Island

Directly across from NOAA Facility on Lena.

Nice flat beach with decent moorage. Tool shed, water tanks, heating fuel tanks, skiffs, wired for generator power .. power connected to both cabins it all there! MLS: 7247 Asking $139,000

LOWER YOUR ENERGY BILLS 1 OF 30 PLANS - 50-YEAR ROOFS, FIVE STAR ENERGY RATED HOMES

8118 East Street

8122 Easy Street

8114 Easy Street

8126 Easy Street

• Lot 3 Erin Manor III Subdivision • 3 bedroom/2 bath • 1864 sq. ft.

• 616 sq. ft. garage NOW...

• MLS 9300 $339,900

• Lot 4, Erin Manor III Subdivision • 4 bedrooms, 2 bath • 2044 sq. ft.

• 480 sq. ft. garage NOW...

• MLS 10024 $359,900

• Lot 2, Erin Manor III Subdivision • Under construction with July Completion • 4 bedrooms, 2 bath • 1,928 sq.ft. 528 sq. ft. garage NOW...

• Many upgrades $339,900 • MLS 10023

Lot 5 Erin Manor III Subdivision 4 bedrooms 2 bath 1832 sq. ft.

392 sq. ft. garage NOW...

MLS 10070 $339,900

Select one of LOWPETE’S lots or provide your own lot. Interest rate reduction for AHFC financing.

789-5533 W W W.

I S E L L A L A S K A

. C O M

– JUNEAU –

- CHILKAT LAKE -

- LOTS-

$17,000 CHILKAT LAKE SUB 1ST ADDITION BLOCK 13, LOTS 6&7

LOT - $165,000 1650 MENDENHALL PENINSULA ROAD

LOT - $275,000 LENA POINT HEIGHTS LOT 1-

A 2 bedroom, 1 bathroom fixer-upper house in Kake with a view of the beach from the front window. MLS#9563

$38,900 CHILKAT LAKE SUBDIVISION BLOCK 6 LOT 13 –

1 bedroom, 1 bathroom 2-story cabin. Waterfront on 1.42 acrescabin includes skiff with motor for access! MLS#10125

REDUCED: $435,000 2430 DOUGLAS HIGHWAY-

- HOUSES-

A contemporary waterfront attached home with 3 bedrooms, 3 bathrooms, and 2-car heated garage, located conveniently only minutes from downtown. Watch the ducks all year from the balcony and have your summer parties on the beach- perfect for the fireworks! Open floor plan and vaulted ceilings in the living room embrace the sweeping views. Master suite has a large shower, jetted tub and walk in closet, and also showcases the views. MLS#10427

$84,000 2708 Roger Street - West Juneau (Douglas)

- HAINES-

This 453 square foot 1 bdr, 1 bath condo is both compact and efficient, perfect for your busy lifestyle. This home features updated appliances and has a laundry facility within the unit. MLS#10506

$29,500 LOT 5 BLOCK 2 USS 1871 –

3.29 acres on “Little Lake,” this area is very remote- float plane or river access only. Great fishing and lots of brown bear in the area. MLS#9858

1.16 acres of land in the Valley, just about ready for footings! Driveway in, elevation survey, multiple possible home sites. Solid pad and driveway. Work was meticulously done by owner in preparation for dream home. Take over and save on site prep! MLS#9681 Lot 1 of Lena Point Heights Subdivision, just over an acre. Plans were drawn but another opportunity changed the seller’s plans, so the best lot at Lena Point Heights is now available! This corner lot sits up high and offers outstanding views sweeping from Auke Bay to the Chilkat Range. The septic and drain field are already installed so you’ve got a head start on the building season. MLS#10437

- KAKE -

$65,000 USS 3265 LOT 3A CHILKAT LAKE –

Waterfront cabin, guesthouse, shed and outhouse. Great summer cabin on beautiful Chilkat Lake only accessible by air, riverboat or snow machine. Once you see this beautiful sight you will never want to leave! MLS#7229

MLS#10006

$225,000 281 SILVER SPIKE ROAD –

A 6 bedroom, 4 bathroom 3-story house w/ apartment. This property provides multiple rental possibilities in Kake. Owner currently lives in a two bedroom apartment, and there are four rental efficiencies. MLS#10175

$150,000 USS 785 PORTION OF TL 11 & 11 B – 3 acre parcel zoned for commercial. Mostly level, on a sunny location. Multiple building sites and inside the service area. You can build residential or commercial. Forested, easy access to the Haines Highway. MLS#9981

- GUSTAVUS – $225,000 LOTS 8, 9 & 10 CHILKAT LAKE SUBDIVISION –

$329,000 2312 MEADOW LANE-

2 bedroom, 1 bathroom beautiful cabin on Chilkat Lake. The property consists of Lot 8, 9 and 10, Block 5 of Chilkat Lake subdivision. 4.02 acres with 457 feet of lake frontage. This is a remote lakefront home that lends itself to both summer and winter use. MLS#10161

2 bedroom, 3 bathroom home in the valley with a 2-car heated garage. This home is great for entertaining with the windows, view, size of the kitchen and dining room, living room and flowing floor plan. At the same time, it is great for a couple who enjoy their privacy. Separate master bedroom w/ private bath including a jet tub and a huge walk-in closet. Outside entrance for a possible mother-in-law or guest quarters. Offers a private room in the back with inside water access for those who enjoy gardening and/or arts and crafts. MLS# 10103

$65,000 LOT 11 B 1 TRACT A USS 3851 –

19,729 SqFt lot in Kake. One of the last water view, undeveloped and unrestricted lots in Kake. On the main road, central location.

$52,000 LOT 12 TRACT D OWENS SUBDIVISION

Approximately 2.5 acres in Gustavus. This neighborhood has lots of wild strawberries and nagoonberries. Build your retirement home in this rural community. Gustavus is serviced by Alaska Airlines and now regular ferry service! MLS#10231

$235,000 5 MILE RINK CREEK ROAD

A 3 bedroom, 1 bathroom craftsman home in Gustavus, only 600 feet from Glacier Bay National Park boundary. MLS#10158

$364,900 9167 RIVERWOOD DRIVESpacious 4 bedroom, 3 bathroom 2,472 SqFt home with a tile kitchen and dining room skylights. Walking distance from Riverbend Elementary and Thunder Mountain High School. Close to the Alaska Club and new Aquatic Center. MLS#10450

$299,000 LOT 12 BIRCH ISLAND CHILKAT LAKE –

$389,000 10393 DOCK STREETA large 3 bedroom, 2 ½ bathroom house in Fritz Cove with a detached 2 car heated garage. Built for entertaining! Open floor plan, large deck and sunny neighborhood. Radiant heat, vaulted ceilings, tile floors, hard plank siding- quality throughout. 5-star when built, in the Auke Bay school district. MLS#10449

Debbie White

$295,000 1146 MUD BAY ROAD –

Large craftsman home in Haines with 4 bedrooms, 3 bathrooms and sweeping views of Mud Bay. Custom craftsmanship throughout the house, especially the balustrades, trim and window frames.MLS#9854

Broker & owner / reAltor®, Gri Phone: 907-789-5533 • Cell: 907-723-9886 Fax: 907-789-5504 debbie@isellalaska.com

This isn’t a cabin- it’s a house! 4 bedroom, 2 bathroom with 2,100 SqFt, located on Birch Island on Chilkat Lake. 250 feet of lake frontage with a private dock. Satellite with internet, awesome view, protected moorage. Fish for Cutthroat, Dolly, Sockeye, Silver and Kokanee, watch the swans, brown bear and moose, relax! MLS#9106

Shawn C. Paul

AssociAte Broker & reAltor® Cell: 907- 723-4010 Email: shawn@alaska.com

$425,000 211 SOCKEYE

A 2 bedroom, 1 bathroom home, 2 stories and carport with an included guest house. If a home could be classified and a work of art, this would be a shining example! Craftsmanship definitely meshed with the artist who built on this flat, dry, 2 acre parcel. The main house is stunning, and the guest house is just as nice. MLS#9169

Cheryl Holloway

reAltor® Cell: 907-209-6602 E-mail: cherylh@acsalaska.net

We represent sellers and buyers!

Specializing in Homes, Land & Commercial Investments.

Whether your price range is $10,000 or $10 million, we can find you the perfect property! Our team at Prudential Southeast Alaska Real Estate is able to help you in make an informed real estate decision in today’s market

789-5533 • 8465 Old Dairy Road #101, Juneau, AK 99801 - ANGOON -

- YAKUTAT -

- PETERSBURG-

- EDNA BAY$55,000 LOT 8 BLOCK 5 ASLS 81-116 –

$12,000 LOT 169A KEET SUBDIVISION –

Approximately one acre located outside of the community of Angoon. MLS#10232

Cabin on 4.337 acres in Edna Bay on Kosciusko Island (Northern POW area) S end of Sumner Straight. Plat maps on file. MLS#9947

$14,000 LOT 9 BEAR RIDGE SUBDIVISION –

- REMOTE/RECREATIONAL –

This lot is only one lot away from the road and the easement is right there waiting to be cleared. Approximately 1 acre up on a hill with a potential water view. MLS#9159

$47,500 TAKU RIVER BLOCK 4 LOT 26 –

$14,000 LOT 197 SOUTH FAVORITE BAY –

Waterfront/Tidal almost at the end of Favorite Bay. Rich hunting grounds, great fishing in the area. Build your recreational getaway on this private lot on Admiralty Island. MLS#9150

- ELFIN COVE $150,000 FR TRACT B1 ATS 1605 – Upland lot in Elfin Cove between Elfin Cove Lodge and Fishmasters Inn. Boardwalk access. The view from this lot is breath taking! MLS#8892

$395,000 FR TRACT B1 (WITH HOUSE) ATS 1605 – 2 bedroom, 2 bathroom waterfront home, currently part of Elfin Cove Lodge. A very large deck offers great views. Quality construction throughout. Enjoy breathtaking views from the hot tub after an active day of world-class fishing! MLS#8893

Waterfront on Taku River looks out to Martini Row. 3.755 acres - 157 feet of river frontage. Popular recreation area - moose, eagles, glaciers, great fishing and wildlife viewing. The riverfront is loaded with high bush cranberries. MLS#9874

– COMMERCIAL –

$800,000 15 Nordic -- Lots 9,10, 11, Block 26 USS 1252 $350,000 410 RIDGE WAY – 3 bedroom, 2 bathroom house with a 2-car heated garage. Zoned for lodge or B&B business or your own retreat from the city. Jumbo heated garage to store recreation gear and an unfinished 650 SqFt basement ready to be designed for your special use. Live in a fishing and hunting paradise overlooking a large stocked pond in a newly updated home with hardwood floors, heated driveway, new appliances, new roof and garage doors. MLS#9822

This commercial property rests in the heart of scenic downtown Petersburg. All the units in this 5,000 square foot mixed-use property are currently leased and ready for a new owner to step in. MLS#10543

- WRANGELL-

$895,000

$75,000 LOT 1 MOCHA SUBDIVISION –

Premium location-crossroads of the town of Yakutat. the business includes a 3 bay shop, inventory, office equipment, truck with plow, jeep, and all the tools. A 3 bedroom, 1 bathroom home is next door for the owner for mechanic. MLS#9824

1 acre on Funter Bay, excellent recreational area near Juneau!

MLS#10225

$175,000 LOTS 1 & 2 ALASKA-DANO SUBDIVISION PLAT 637 FUNTER BAY –

- HOONAH-

1.49 acres, waterfront, with cleared pad and space for landing craft. Heavy excavation work has been completed. Build your recreational cabin here, near the fishing, away from town and property taxes! MLS#10224

$67,900 Approximately ½ acre lot in Dalton Subdivision, Hoonah. Cornor lot with water and sewer to the building pad and electricity to the lot line. Great for your vacation home or your permanent home! Perfect for an Icy Straights Log Cabin. MLS#9986

- HOONAH$600,000 - HILLMAN’S RANCH

$1,495,000 - FISHING LODGE

One of the most original and most successful fishing lodges in world-famous Elfin Cove, Alaska! Elfin Cove Lodge is on the outer cove, right next to the float plane dock. Outstanding, breath-taking views of the Chilkat Mountains and the area surrounding Glacier Bay National Park greet you outside almost every window. MLS#8897

Karinda Perdon

reAltor® Cell: 907-209-3572 Email: karinda.perdon@gmail.com

Known as “Hillman’s Ranch” over 29 acres. Two parcel with 670 feet of water frontage. Clearing in center of property that would be excellent for a home, lodge, or cabin. A stream runs through the edge of the property. The land is surrounded by mountains that protect the site from wind. Brown bears and Sitka black tail deer have been sighted on the land. No property or real estate tax. Permits could be used to gain access to the USFS roads upon development, per the owner. MLS#10216

MLS#9871 $99,000 PLAT 83-10 BLOCK 2 LOT 14 –

Oceanfront property (3.4 acres) on Wrangell Island - just “around the corner” from town. 419 feet of deep water frontage, year around stream (no fish - so hydro should be fine).

Great fishing in this area! This looks right at the mouth of the Stikine River! Can be accessed by trail from road. MLS#9871

- TENAKEE SPRINGS$195,000 LOTS 8 & 9 COLUMBIA POINT -

Owner says SELL NOW! Make offers! 5.46 Acres, almost completed cabin. Dimensional lumber milled on site, vinyl windows etc. There is an older second cabin available for temporary use, then storage later. MLS#9771

Amber Starbard

reAltor® Cell: (907) 957-3989 Email: astarbard@yahoo.com

$1,800,000

This unique property consists of 4.6 acres that lies at the head of Windham Bay with 650 feet of waterfront. The lodge and cabins were build in the early 1990’s. MLS#9789

Shelley Hjort IN PETERSBURG

reAltor® Cell: (907) 518-0664

Q&A: Realtor Representation Southeast Living Staff Thinking of buying or selling a home all by yourself? Perhaps you don’t think you need assistance, or maybe you’re unsure of what it is exactly that a Realtor does. After all, you’re capable of looking at homes, right? If only it were that simple. Marty McKeown, owner and broker of RE/MAX of Juneau provides insight into what Realtors and Brokers do and how they lend assistance when buying and selling homes.

Southeast Living: What are some of the routine functions that Realtors perform when working on behalf of clients?

Marty McKeown: One thing we should clarify first is the term “Realtor.” A Realtor is a real estate agent (or real estate licensee in Alaska) who also is a member in good standing with The National

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Association of Realtors. They are required to abide by a strict code of ethics. Most “Licensees” here in Juneau are also Realtors.

SL: What are the advantages of working with a Realtor compared to when an individual attempts to buy or sell a home on their own?

Realtors perform many MM: Realtors have the tasks that help make experience and data to buying or selling a help someone make the home easier for the best decision in what is customer. We assist a constantly changing with pricing strategies, Marty McKeown market. We know what negotiate transactions, offer client homes are worth in today’s market representation, schedule showings, and can help you price it right. Realmeet with inspectors, offer insight tors have access to a wealth of knowland most importantly market your edge both locally and nationally. A home through the Southeast Mul- lot of people can give a lot of advice, tiple Listing Service (MLS). Get- but individuals should feel confident ting your home in front of as many in the advice given by a Realtor bepotential buyers is key to selling a cause of the experience, knowledge home, and there is no better way and professionalism we offer. And reto do that than the MLS. For buy- member that we also do all the work ers we are able to save the customer for the client from start to finish, intime and energy by finding homes cluding negotiating and preparing all that meet their specifications. the legal documents. We know how to sell real estate – it’s what we do day

SEAKLIVING

.COM

“Realtors have the experience and data to help someone make the best decision in what is a constantly changing market.” in and day out!

SL: What kind of credentials, qualifications and/or training are required of licensed Realtors and Brokers?

MM: You need to take a real estate course provided by companies licensed by the State of Alaska (such as ACH Consulting, a local company), pass the state exam and then find a brokerage to hire you. Within the Continued on Page 13

Continued from Page 12

first year you will need an additional 30 hours of continuing educational credits, with additional credits every two years after that. It’s a bit intense but still a great career! The real education starts once you get up and rolling with your business and are able to put what you’ve learned to work for your clients.

There are many more certifications or designations that many Realtors get such as CRS (Certified Residential Specialists), Distressed Property Specialist, Short Sales Specialists and many more. RE/MAX actually has a “RE/MAX University” that is available to all of our agents and helps us stay educated and on top of our game.

SL: Can you tell us a little about the difference between a Real Estate Licensee and a Broker?

“... You have to be a ‘People Person.’ Real Estate is a people business — bringing folks together and helping them work out a deal.”

MM: A lot more headaches! (I’m kidding). The answer is you need to be a practicing Licensee for a minimum of two years before you can become a Broker. After the two years of experience you can take another course, pass the State of Alaska’s test, and then take another 30 hours of continuing education within the first year. And if you want to own a Real Estate Company you must either hire a Broker who is at the helm or become a Broker yourself.

The Licensees are independent contractors who work under a Brokerage license, and the Broker in charge is responsible for everything the Li-

censee’s (Real Estate Agents) do. So, more education is required, more responsibility and more liability.

We are also Realtors and still follow the same code of ethics and professionalism standards. I was a Licensee for three years before I became a Broker and bought RE/MAX of Juneau.

Most Brokerages will have at least one Associate Broker in the office to take over when the managing Broker is away. I am lucky enough to have two (Mimi Rothchild and Holly Cerne).

SL: Are there any qualities and/or characteristics make for a good Real Estate Licensee?

MM: To be honest you really just need to be a good “People Person” and have a strong work ethic. Real Estate is a people business – bringing folks together and helping them work out a deal in what is the biggest investment most people will ever make!

SL: You have been in various sales jobs your entire adult life? What is different about the Real Estate industry that made you want to buy RE/MAX of Juneau?

MM: I think what I like most about Real Estate is that people are pretty much always happy on both ends of the deal. Sellers are happy because they are hopefully moving on to a new start and many times with some extra money from their equity. Buyers are happy because they are purchasing a great investment and will have a new home where they can create some fantastic memories with their family and friends!

Family is why we do it all!

Proud to serve Southeast Alaska!

Great Insurance. Low Rates. Home, Auto, Life & More.

Like a good neighbor, State Farm is there. ® Malia Hayward, Agent

Phone 907.789.3127 malia@juneausf.com 9110 Glacier Hwy • Juneau, AK 99801 www.juneausf.com • www.statefarm.com

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Continued from Page 3 “It used to be that a developer made money by developing land,” Race said.

“Not anymore.”

Champion agreed and said he knows very few developers in town who would be willing to take on an entire subdivision.

Alan Wilson is one developer who has stayed informed of Juneau’s affordable housing situation. Aside from being a developer and owner of Alaska Renovators, Inc., he also is one of the original members of Juneau’s Affordable Housing Commission, currently serving as its Chair.

Wilson also says that land and development costs have mas made it difficult to develop land and build homes in Juneau, but that over-regulation is also an expensive hurdle.

“You have permits and regulations through the (Environmental Protection Agency), Army Corps of Engineers, and if you are developing more than an acre you have to deal with clean water issues,” he said. “It all gets very expensive.

“In reality, nationwide developers are working on about a 10 percent margin.

On a $500,000 house, they’ll make 10

percent of that. And it isn’t much when you consider you may not be able to sell the house for the full amount. If you have to drop the price of the house then there really is no profit.”

And that’s if everything goes smoothly. Some developers put everything they have into a development in hopes a payday arrives.

“What most developers do, because there is a lack of funding sources, is put everything they own personally into a project,” he said. “And there’s no guarantee they will get the money back. It’s not as profitable as the perception out there.”

Scott Ciambor, the affordable housing coordinator for JEDC, said it costs most developers about $300,000 to build a single family home in Juneau.

Wilson agrees with that data.

Upon joining the Affordable Housing Commission Wilson thought the city had a “workforce housing problem” among potential first-time homebuyer seeking a home in the $180,000 to $250,000 range.

“I thought we could crack that nut with no problem,” he admitted. “I thought this commission would last a few years and we would solve the problem. But it’s a much bigger problem than we anticipated, and it affects everybody

“We’ve identified that the (housing) problem has gotten bigger and the Assembly is starting to see that.”

in all markets. “ isn’t going to hapWilson, Race pen,” he said. and Champion Selling land for all believe highless and collecting a density housing, higher tax base once such and condos its developed and a and duplexes, are home built is one needed to fill the way the city could gap in $180,000 lend aid, he said. to $250,000 price He too believes that range. Wilson said having assistance another solution from the city when is to build smaller it comes to develhomes. oping infrastructure “People want the would aid builders, house their parents as wood cheap, or have, a large three possibly even free, ­– Alan Wilson, Affordable or four bedroom gravel from the Housing Commission Chair home with a media city’s gravel pit. room and all the Wilson said he’s extras. Basically the seen progress since ‘McMansion’ that mom and dad have,” the commission was formed in 2007. he said. “But a nice two bedroom, one “I think there’s been a lot of progbath with a carport would be a nice a ress,” he said. “We’ve identified that the starter home. That would get people problem has gotten bigger and the Asinto a house.” sembly is starting to see that. They have He also said those knew to Juneau stepped up to the plate by allotting should temper their expectations. money into the Affordable Housing “We’re hearing about miners moving Fund. It’s not bricks and mortar kind here from the Lower 48 and they are of stuff but it does send a message. We looking for an acre with a four bedroom will never be at lower 48 prices but it house on it for $150,000 and that just can get better.”

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• On the bus line within easy walking distance to Walmart, Breeze-In and the new Subway restaurant • Quality manufactured and modular homes on large lots in a development with paved streets, sidewalks, street lighting and other upscale amenities • Offering homes from 1100-1600 sq. ft. with 2 or 3 bedrooms, 2 baths and open floor plans • Convenience of a land lease that includes water, sewer, trash and general property upkeep

Business Directory Mimi Rothchild RE/MAX of Juneau Associate Broker, Realtor

Buyers & Sellers Realty

Office: (907) 789-4794 Cell: (907) 209-7459 mrothchild@gci.net www.Juneau-AK-Homes.com

AllJuneauHomes.com

3075 Vintage Blvd. Ste. 201 • Juneau, AK 99801 Phone: (907) 523-8158 • Fax: (907) 523-8159 Full Service Results With Savings

8800 Glacier Hwy., Ste. 219 Juneau, AK 99801 Each Office Independently Owned and Operated

Julie Moe, Realtor

RE/MAX of Juneau

Cell: (907) 321-2629

Office: (907) 789-4794 juliemoe.realtor@gmail.com www.alaskanhomesforyou.com 8800 Glacier Hwy, Ste. 219 Juneau, AK 99801 Each Office Independently Owned and Operated

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(907) 463-5862

JoAnn Birt, Realtor® Cell: (907) 723-0545 www.joannbirt.remax.com joannbirt@gci.net

Sean Henderson

Cell: (907) 957-3914 Fax: (907) 523-8159 sean@stagingjuneau.com

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o f Ju n e a u 8800 Glacier Hwy, Ste. 219 • Juneau, AK 99801

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MAGAZINE

Charles Westmoreland Publisher

Southeast Living Magazine 907.723.4419 PO Box 20749 • Juneau, Alaska 99802 charles@seakliving.com • www.seakliving.com W W W.

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Life isn’t black and white. . .

and neither are we.

SoutheaSt Living Magazine SOUTHEAST ALASKA REAL ESTATE AND HOME BUYERS GUIDE

Southeast Living offers readers a free, full color list of available real estate properties, related services and local content every month in both print and online editions.

CALL 907-723-4419 OR VISIT US

ONLINE AT WWW.SEAKLIVING.COM L O C A L LY

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