The Southcentral Alaska communities beckons one and all with its majestic settings, offering the joys of nature and the spirit of community, this is why we call Alaska home. Real estate options include single-family homes for sale, estate properties, condominiums, and townhouses. The average price of a condominium/townhome in Eagle River is $235,000 (range $110,000 to $400,000) and the average price for a single family home is $325,000 (range $200,000 to $1,400,000). The average in Anchorage is similar in the condomunium/townhome, but single family homes average about $295,000 and range from 150,000 to 3,000,000.
In the Mat-Su Valley homes can be more affordable with a majority of the homes in the $150,000 to $350,000. The Mat-Su Valley offers larger lots and access to recreational properties that Eagle River and Anchorage do not.
Southcentral Alaska is made up of many diverse areas, ranging from high desity downtown living to rustic cabin life that can only be accessed by trail, river or by air in a bush plane. Eagle River is located right in the middle just a short distance from Anchorage and only 25 minutes from the Mat-Su valley (Palmer, Wasilla, Big Lake, Willow, and Talkeetna). There are modern conveniences such as the preforming arts, and the outdoor activities abound. Minutes from your door you can be deep in the Alaska wilderness. Alaska has it all, well not all of its, we do not have the air pollution of the lower 48.
Each community offers it's own unique business district and they offer a variety of employment options, and the local schools are modern and offer the great class selection. The local university has a campus in Anchorage, Eagle River, and the Mat-Su Valley and there is expansions planned meet the needs of the community.
Real estate available in this area includes many commercial offerings and there is room for future growth. The housing market is stable with great potential for growth. Homes for sale in Eagle River are well below normal levels. New Construction Homes starts are down due to recent financial turmoil nationally. In the next couple of years new homes for sale in Eagle River will be in high demand. The Eagle River real estate is poised to be one of the best buying investments in the state.
When you want more than just someone to drive you around to look at properties, contact Eric Bushnell at Prudential Jack White/Vista Real Estate. He’ll share his knowledge and expertise with you, keeping your best interests in mind so that your real estate experience is a great experience.