Why Buy Anchorage Real Estate and Why Now?

Posted by Dan Wolf on Tuesday, August 6th, 2013 at 11:40am.

Anchorage Real EstateAnchorage is in one of the most beautiful and serene states in America. Although that's a good reason to purchase Anchorage real estate is not the only one.

Anchorage is not only beautiful, but buying real estate there is a good investment.

Here's Why You Should Buy Anchorage Real Estate and Why You Should Do It Now:

Anchorage is not as expensive as you might think. The good thing is that the cost of living is affordable, unlike other cities in United States. This is great for families and business owners.

Anchorage suburbs offer great value. If you are willing to live outside of Anchorage then you can look forward to great prices. You will only be minutes away from the city and still enjoy the amenities that come with buying Anchorage real estate. If you are building renting or buying, there are lots of opportunities in suburbs.

Your dollar will go far. When buying Anchorage real estate, you have many options. From cabins to condos and even million dollar homes, there's something for everyone. For example, if you have $300,000 you can live a few minutes outside of Anchorage can buy 3000 square foot home acre of land. On the other hand, if you have a million dollars you can find any dream home with plenty of acreage amazing mountain views and expansive square footage. In any other city, those prices would get you 2000 square feet in the 3 bedroom home without any land!

Traffic free commute. In most cities traffic can be a pain. If you live outside of Anchorage you can expect a 20 to 30 mile commute. However the commute is far from boring. You don't have to sit on the freeway stuck in traffic and it's very possible you will see a bear, moose or the Northern Lights to or from your destination.

More bang for your rental buck. If you rent a home or condo in Anchorage, you will pay the same as in other cities. But you will get way more for your dollar than anywhere else in the United States. For example, you can rent a three to four bedroom home for about $1800 to $2400 per month. You could also rent 3 bedroom condo for about $1350 per month. In other cities this amount wouldn't get you very far, but in the Anchorage real estate market, that same amount would rent you a home, with land, and gorgeous views. There are not many places where you could pay those prices and get those benefits.

A steady and consistent economy. The housing market crashed across the nation, mini cities were devastated. However, Alaska stood strong. For future homeowner who is looking to buy Anchorage real estate, knowing that the rest of the country does not affect Alaska's economy can put your mind at ease. This is because we have a very strong energy economy. As a result, when you buy real estate in Anchorage you get an amazing return on your investment.

The best part of Alaska is free. Living in Anchorage Alaska is not only beautiful, but there are plenty of things to do. There are parks an open areas everywhere. There are also many activities for families and groups. This includes fishing, hiking, biking, snowboarding, ice skating, fishing, and rafting, all at your front door. Enjoying these amazing amenities cost $0, and getting there is even easier, just step out of your front door. For most families looking to buy Anchorage real estate, this is usually the deciding factor.

Low taxes plus Alaska pays you. Have you ever heard of the permit find dividend? Starting in 2008, each eligible Alaska resident receives $2069. That allows you to offset the cost in gas, and other living expenses. Even better, Anchorage Alaska has the lowest taxes in the United States. And it is one of the few states that does not have a sales tax at all.

If you add up all the above, it's easy to see that living in Anchorage Alaska is a good investment. However, purchasing Anchorage real estate is not easy. Contact one of our real estate agents. We will help you find your dream home.

4 Responses to "Why Buy Anchorage Real Estate and Why Now?"

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