Coldwell Banker has done an "apples-to-apples" study of housing values since the late 1980's. The Home Price Comparison Index calculates what the same house is worth in different markets. This year's study ranks 319 US markets. Anchorage ranks #170, about in the middle. The index rates a typical middle-management 2200 sq.ft. 4 bedroom 2.5 bath house that has a family room and double garage. At $305,107 this Anchorage home is only 76% of the cost of the US Average home of this type, however.
This is a useful study for anyone who plans a move from or to another community. E-mail me, NThomas@RealS8.com for the full study.
For full property searches, virtual tours and many other Anchorage real estate resources, visit RealS8.com.
Thursday, October 13, 2005
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