Buying Real Estate in Alaska

Tips for Military Members

Alaska’s stunning landscapes, vast wilderness, and unique communities make it an appealing place to live—but buying real estate here comes with its own set of considerations, especially for military members who may be relocating or stationed in the area. If you’re thinking about making Alaska home, here are some tips to help you navigate the process:

1. Take Advantage of VA Loans

Military members are eligible for VA loans, which can make purchasing a home in Alaska much more accessible. VA loans often offer no down payment, lower interest rates, and no private mortgage insurance (PMI). These benefits can be especially valuable in Alaska, where property prices in cities like Anchorage or Fairbanks can be higher than the national average.

2. Consider Your Location Carefully

Alaska is huge, and each region has its own lifestyle and climate considerations. If you’re stationed near a base, such as Joint Base Elmendorf-Richardson (JBER) or Eielson Air Force Base, you may want to prioritize proximity to work. Beyond that, think about access to amenities, transportation, and the weather—Alaska’s winters are long and cold, and some areas may require a vehicle with four-wheel drive.

3. Plan for Seasonal Realities

Alaska’s seasons are extreme, with long, dark winters and bright, short summers. When buying property, consider heating costs, snow removal, and accessibility during heavy snowfall months. A home with good insulation, reliable heating, and easy winter access can make life much more comfortable.

4. Explore Remote and Rural Properties with Caution

Alaska offers incredible remote properties, from mountain retreats to riverfront cabins. While appealing, these homes may lack nearby services, and commute times can be long. Military families should weigh the lifestyle benefits against logistical challenges, especially if frequent relocation or deployments are part of their life.

5. Work With Local Experts

A local real estate agent who understands Alaska’s market can be your greatest asset. They’ll help you find properties that fit your needs, guide you through inspections in extreme climates, and ensure all military-specific benefits and programs are utilized. Many agents are experienced in helping military buyers, understanding VA loans, and navigating relocation challenges.

6. Utilize Relocation Assistance Programs

Military members moving to Alaska may have access to relocation assistance through their branch. This can include help with moving costs, temporary housing, and guidance on local communities. Combining these programs with expert real estate advice can make the transition smoother and less stressful.

7. Think Long-Term

While Alaska is breathtaking, it’s also unique. Consider your long-term plans and whether you want to commit to living in a remote or cold-weather environment. Investing in property here can be rewarding, but being fully prepared for the lifestyle is key to a successful purchase.

Final Thoughts

Buying real estate in Alaska as a military member is exciting but requires careful planning. By leveraging VA loans, considering location and climate, and working with knowledgeable local professionals, you can find a home that fits both your needs and your adventurous spirit.

For assistance with buying or selling property in Alaska, contact Alaskan Properties at (907) 694-3434—expert guidance is just a call away.