Anacortes is a hidden gem located in the heart of the Pacific Northwest. This city, recognized as the home port to San Juan Island, Lopez Island, Shaw Island, and Orcas Island, offers the perfect mix of small-city living with the perks of a larger city. With a population of around 18,100 people, Anacortes is a close-knit community that provides a wide range of amenities and activities for residents of all ages.
If you're considering a move to Anacortes, you'll find that the city has a lot to offer in terms of real estate options. The median sale price for Anacortes real estate is around $730,000, and homes typically stay on the market for 36 days.
If you’re looking at Anacortes homes for sale, you’ll want to keep reading for the complete buyer’s checklist that gives you an overview of everything to do throughout the process.
1. Research neighborhoods
Anacortes has a strong sense of community, and it's important to find a neighborhood that fits your personality and lifestyle. By considering factors like location, safety, schools, amenities, community, and affordability, you can find the perfect neighborhood for your needs.
For example, if you love being close to the water, the Cap Sante neighborhood might be an ideal choice for you. On the other hand, if you prefer a more secluded and peaceful environment, the San Juan Passage neighborhood might be a better fit.
Each neighborhood in Anacortes also has different amenities, so consider what's important to you. If you enjoy being close to shopping and dining options, the Old Town neighborhood is a great choice. If you prefer outdoor activities, the Gibraltar neighborhood, about six miles south of the city, might be a better option, with its proximity to hiking and biking trails.
2. Determine your budget
Once you've narrowed down your preferred neighborhoods, it's time to determine your budget. Consider your income, expenses, and how much you're willing to spend on a home. Remember to factor in additional costs such as property taxes, homeowner's insurance, and maintenance fees. You can use online mortgage calculators to help you estimate your monthly payments.
3. Get preapproved for a mortgage
Before you start shopping for Anacortes homes for sale, it's important to get preapproved for a mortgage. This will give you a better idea of how much you can afford to spend and will also make you a more attractive buyer to sellers. You can get preapproved for a mortgage by contacting a lender or using online resources.
4. Hire a real estate agent
Working with an Anacortes real estate agent who is an island expert can make your home-buying process smoother and more efficient. An agent can help you find homes that meet your criteria and negotiate on your behalf. Look for an agent who has experience working in the Anacortes area.
5. Attend open houses and schedule private tours
Once you've found a few Anacortes homes for sale that you're interested in, attend open houses and schedule private tours through your agent. Take note of the home's condition, any necessary repairs, and whether the layout fits your needs. Be bold and ask questions, and take your time during the tour.
While you're in the area, make sure to get the whole experience with the help of our articles on Family Summer Activities in Anacortes and Restaurants to Try in Anacortes!
6. Have the home inspected
Before making an offer on a home, it's important to have it inspected by a professional. A home inspector can identify any potential issues with the home, such as structural problems or safety hazards.
If you are purchasing waterfront Anacortes real estate, you will want to make sure your home inspector has experience in this area. This information can help you negotiate with the seller or decide whether to move forward with the purchase.
7. Make an offer
Once you've found a home that you love and are ready to make an offer, work with your real estate agent to draft a contract. Anacortes's real estate market has been experiencing high levels of competition due to low inventory and high demand. This means that there are more buyers than available homes, resulting in multiple offers, bidding wars, and homes selling above their listing price.
Working with an experienced Anacortes real estate agent can help you navigate this competitive market, find the best home within your budget, and negotiate a fair offer. Make sure to consider including contingencies such as a home inspection or financing contingency.
8. Close on the home
Once your offer has been accepted, it's time to close on the home. This process involves finalizing the purchase agreement, transferring ownership, and paying closing costs. Work with your real estate agent and lender to ensure a smooth and successful closing.
9. Settle into your new home
Congratulations, you're now a homeowner in Anacortes! Take some time to settle into your new home and explore the city. Join local community groups or attend events to meet new people and get involved in the community.
Buying and selling in Anacortes
Buying a home in Anacortes, Washington, can be an exciting and fulfilling experience. As a potential buyer, it's important to do your due diligence and create a checklist of what matters most to you in a home and community. With this information, you can better evaluate each property and make an informed decision.
If you are looking to buy a home in Anacortes, Mike Konopik is a trusted island real estate agent that has extensive knowledge of the local market. His years of experience in the industry, coupled with his commitment to providing excellent customer service, make him the excellent choice for anyone looking to buy a home in Anacortes.
Mike works with clients from across the globe to find their dream homes in Anacortes. Whether you are looking for a luxury waterfront second home or guidance in building a custom estate, Mike can help you achieve your real estate goals in Anacortes.