Fairbanks Alaska investing - Best possible scenario

[Andrey Y.]

I was hoping to connect with someone who had experience investing in Fairbanks area and Alaska in general. Just browsing the listings, there is a huge variations in prices. It seems that most SFH, duplexes, and triplexes are in the $150,000-$300,000 range. Is there a certain sweet spot or investing strategy that seems to work in Alaska?

Prices are all over the place. Would appreciate any insight!

[Scott Sewell]

Hi @Andrey Y.,

Why anyone would move from Hawaii to Alaska is beyond me, but I'm an old guy and trying to do just the opposite. Anyhow, welcome to the North side of the pond!

For what it's worth (and I don't know how certain this is) but I just heard (in the last couple of days) that the Air Force is considering locating 2 Squadrons of F-35's in Fairbanks. If I remember right they're talking about 2,500 - 3,000 people. Could be a nice bump for the Fairbanks market and full disclosure: I know NOTHING about that neck of the woods.

Good Luck! and great investments to all.

Scott