South Central Alaska Appreciation Data - Girdwood @ 93% in five years

[Nick Bruckner]

Look at the MLS data on average residential sales prices in Girdwood , a community just south of Anchorage- it has increased 93% in five years, from $420,932 to $813,308. Prices haven't dropped here as they have in many other parts of the country.

South central Alaska is a good place for property appreciation - largely because the state's transportation and economy and a huge military community are locked in between mountains and ocean. Most investors focus on cash flow when analyzing properties, but a lot of money can also be made as properties appreciate. It is important to work with a local investment team that is knowledgable about how appreciation varies not just from one community to the next, but from one neighborhood to the next. Rent increases tend to mirror increases in home values.

The average rates of residential appreciation on the initial investment over five years: 21% in Anchorage (which will be higher in the better neighborhoods - appreciation in Mt. View is flatter). 20% in Chugiak. 25% in Eagle River. Above and beyond the financial benefits of cash flow, tax write offs, and building equity...investing in multifamily in Alaska is pretty awesome. For some folks in the game with some equity already in a property - might be time for a 1031! Great to work with the guys on our team at Vested Alaska- @Jamie Rose @Tyler Cobb