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  Bob Baer has been a resident of Anchorage, Alaska for 35 years. Originally from New York, Bob came to Alaska for the summer in 1965, after completing his MBA in Finance from Seton Hall University. He became enamored with Alaska, and that summer turned into a lifetime. After managing the residential real estate department at a major Alaskan bank, Bob Baer entered the real estate sales profession in 1976. He is presently one of the leading real estate agents in the Anchorage area, and he has been the highest producing agent in his company for 25 years. Bob has been extremely active both in the real estate business and in community affairs in Anchorage. Bob is currently serving or has served on the following Boards: Providence Hospital, Alaska Children's Services, Boy's and Girl's Club of Alaska, Alaska Mutual Bank, Anchorage Board of Realtors, Marketing Masters, Alaska International Education Foundation, and several others. Bob is honest and hardworking, has a wonderful family, and is a leader in the field of real estate. Put him to work for you in assisting in the sale and/or purchase of real estate!
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Bargain Properties >Bargain Homes
Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.
Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.
It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.
Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.
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| Q |
What private residence is considered the most expensive house ever built?
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| A |
The William Randolph Hearst Ranch in San Simeon, California cost over $30 million, equivalent today to $276,883,320. Bill Gates recently built a home for over $40 million.
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- NUMBER1EXPERT™ 
