Foreclosure Listings in Anchorage, Alaska People are hearing that now is a good time to buy a house, while prices are still low and interest rates are at historic lows. One of the questions that I've heard more frequently in the last couple of months is, "Are there any good Foreclosure Deals in Anchorage right now?"
People are looking for a GREAT DEAL, so I compiled a List of Foreclosed Properties in Anchorage, Alaska for the people who are curious to know what is out there in the market right now. I will be updating this Anchorage, AK Foreclosure List each week, so if you're in the market for a foreclosure, be sure to check back periodically.
The city of Anchorage, Alaska consists of Anchorage (of course), Eagle River, Girdwood, and Chugiak.
Did I see that that $200,000 house has taxes of over $3000 a year? I thought AK was a low tax state, lol. I also thought with so much land and lumber up there, prices would be a lot lower. Why are houses so expensive there?
Hello Brian. The reason homes in ANchorage are so expensive is because Anchorage has been built out to almost its capacity. There's not much more land in Anchorage that can be built on. The other reason being the population boom and there you go, Supply vs. Demand.
The property taxes in the Municipality of Anchorage, keep in mind they are vary with each county, I would say is average. It's much lower than the taxes in Rockford, Illinois, which is where I am from. Over there, my mother in law's house is worth $189,000 and her property taxes are almost $6000 per year. With that foreclosure, I'm sure that the tax assessed value of the property is much higher than the $200,000. This can be looked up at muni.org/treasury.
In Alaska, the taxes are fairly low when compared to the rest of the United STates because we don't have an income tax and in a lot of the towns, such as Anchorage, we don't have a sales tax either.
Seems like a great place to live. I have always wanted to visit, but every time I try to book a flight all the moose hunters have the seats reserved. Well, maybe someday. When you say they are out of room, do you mean there are natural boundaries that limit growth, mountains etc.?
Hi Brian,
It is a great place to live. You should come visit. There are so many things to do here. You are right about the flights. Flights from travel daily and those are always booked to the max! When I say no room, I mean a lot of the land is federally owned and reserved as a wildlife reserve. Did you know that the size of Alaska's wild, naturalish land, is the same size as all of America's wild reserve put together?
yes they look so nice but Foreclosures are such tough on to stomach.