Goldenview Subdivision, in Anchorage Alaska, is one of the more popular subdivisions on the southeast mountain hillside over looking Cook Inlet. The neighborhood is bounded by Rabbit Creek Rd on the north side, Goldenview Drive on the east side and 164th on the southern border. Goldenview Middle School is adjacent to some of the homes on the easterly border.
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This is one of the few subdivisions on the Anchorage hillside which is serviced by city water and city sewer. These amenities are in place because of the middle school which was built about the same time as the subdivision began in 1998. Most of the construction in this neighborhood took place between 1998 and 2004, although there are a few homes slightly older and newer.
Many "oil and gas" families, such as ConocoPhillips and British Petroleum, bought in the neighborhood when the homes were brand new. For a while homes were snapped up even before the homes were completed. Our team had several families during this hot market time that were standing by waiting for homes to get listed and come to the market so they could get a home in this particular neighborhood.
Then, in 2007 and 2008, the market in Anchorage as well as Goldenview softened. The number of available home grew. There were months where there where as many as 20 homes on the market! This after times of NO standing home inventory!
My team and I recently listed and sold a home in Goldview Subdivision. The home had sold during the "hot market" times. This is pretty interesting; the home sold for $458,000 in March of 2007. We sold and closed the home for $445,000 in February 2010, which was a drop in price of 2.8%. The seller and we agreed we had sold the home at "market" price and not at a discount or fire-sale price.
Right now, there are only 6 homes on the market listed for sale, and there are 6 homes pending in Goldenview! Take it as a good sign! Homes are selling and inventory is declining! Historically, the best neighborhoods recover first when times get difficult. There's something to be said for "location, Location, Location!"
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