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South Addition

South Addition

4.0
$477,586 Average Value
$312 Average Price per Sq Ft
9 Homes For Sale

South Addition has easy commutes and scenic parks

South Addition is a quiet neighborhood near Downtown Anchorage , making it a popular choice for homebuyers who work in City Hall, the state and federal courthouses or other nearby offices. It’s one of the city’s oldest communities, so you'll find lots of vintage homes here, often costing more than in other parts of town. Nearby parks, trails and lakes offer lots of things to do, while the popular restaurants of downtown are a short drive away.

Some area of South Addition are full of high end homes with delightful architecture.
Some area of South Addition are full of high end homes with delightful architecture.
South Addition is located just minutes away from Downtown Anchorage, seen here during sunset.
South Addition is located just minutes away from Downtown Anchorage, seen here during sunset.
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Houses sell for more near downtown

Expect to pay more for a home here than in other nearby neighborhoods. “A lot of the homes are old, and some of them are restored. The price points are high for any of them,” says John Collinge , a Realtor with Re/Max Dynamic Properties, who has sold homes in Anchorage for 16 years. “You’re not going to pick up anything cheap in there unless it was built in 1940. Homes typically range from the low $400,000s to around $1,000,000. Condos cost between the mid $100,000s and the high $500,000s. The median sales price is higher than the citywide median.

Vintage homes in one of Anchorage's first neighborhoods

As one of Anchorage’s oldest neighborhoods, South Addition features homes dating back to the 1920s. Construction really took off in the 1950s, and the median build year for homes in the area is 1971. Houses are large, with an average size of around 2,200 square feet. Ranch-style, Craftsman and contemporary homes are the bulk of the neighborhood, often surrounded by towering pines.

A white picket fence adorns the yard of this ranch style home located in South Addition.
A white picket fence adorns the yard of this ranch style home located in South Addition.
You'll find more large homes like these between Westchester Lagoon and the coast.
You'll find more large homes like these between Westchester Lagoon and the coast.
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Enjoy Alaska's great outdoors in South Addition

South Addition is a popular spot for recreation, with several parks and trails in the area. You can go birdwatching or see salmon spawn in Westchester Lagoon, which is also open for canoeing, paddleboarding and cold-weather activities. “In the winter, they have an ice skating rink. They have big barrels all over the place and fires burning,” Collinge says. “It’s a cool area where people like to mingle.” Some other nearby things to do include:

• Walking, biking and enjoying mountain views on the Tony Knowles Coastal Trail
• Playing soccer, baseball or tennis at Delaney Park
• Cross-country skiing on the 4-mile Chester Creek Trail

A man rides his bike around Delaney Park with downtown Anchorage behind him
A man rides his bike around Delaney Park with downtown Anchorage behind him
Exercise while enjoying the Chugach Mountains views along the Tony Knowles Coastal Trail.
Exercise while enjoying the Chugach Mountains views along the Tony Knowles Coastal Trail.
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West Anchorage High School received an A minus from Niche.
West Anchorage High School received an A minus from Niche.

South Addition is a great neighborhood for students

Students in South Addition are part of the Anchorage School District, including the highly rated West Anchorage High School. The school is just south of the neighborhood in the Turnagain community, and is known for several specialized programs.

• Air Force JROTC
• International Baccalaureate Diploma Program
• Medical Academy
• Project Lead the Way engineering classes
• Russian and Spanish Immersion programs

Multiple ways of getting around Anchorage

South Addition’s location near downtown makes it easy to commute from the neighborhood. While the area is close enough to walk and there are several bike paths nearby, Collinge says most people drive to work. Bus routes in the area take riders to downtown, Ted Stevens Anchorage International Airport, Providence Alaska Medical Center and other parts of the city. Major roads like Walter J. Hickel Parkway and Alaska Route 1 are also close by.

Northern Lights Blvd is easily accessible to get South Addition residents around town.
Northern Lights Blvd is easily accessible to get South Addition residents around town.
South Addition is separated from Downtown Anchorage by Delaney Park.
South Addition is separated from Downtown Anchorage by Delaney Park.
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Where to eat and shop near downtown Anchorage

With downtown so close, shops and restaurants are easy to get to. Collinge recommends picking up groceries from New Sagaya Market, a locally owned store on 13th Avenue known for its seafood. A nearby Carrs on Northern Lights Boulevard is another option. Anchorage 5th Avenue Mall downtown has lots of stores to choose from, like JCPenney and American Eagle. Collinge recommends dining at Simon & Seafort’s Saloon & Grill, which is known for its seafood and scenic views. Other popular spots include Humpy’s Great Alaskan Alehouse and Orso.

Grocery options nearby South Addition include a Carr’s south of the neighborhood.
Grocery options nearby South Addition include a Carr’s south of the neighborhood.
New Sagaya's City Market is the local grocery in South Addition.
New Sagaya's City Market is the local grocery in South Addition.
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Matthew Atkins
Written By
Matthew Atkins
Evan Melgren
Photography Contributed By
Evan Melgren
Michael Carey
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Michael Carey

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Merrill Field

10 min drive

Bus

L Street & 9th Avenue SSW

Bus

C Street & 14th Avenue NNW

Bus

E Street & 12th Avenue NNE

Bus

E Street & 12th Avenue SSW

Bus

C Street & 19th Avenue NNW

Bus

L Street & 13th Avenue SSW

Bus

17th Avenue & E Street WNW

Reviews

Niche Reviews
4.0 2 Reviews
3.0 Niche User
6/21/2016 Niche Review
Generally safe, but large homeless population
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Crime and Safety

1 - Low Crime, 10 - High Crime South Addition US
Homicide 6 4
Sexual Assault 6 4
Assault with Weapon 6 4
Robbery 6 4
Burglary 6 4
Motor Vehicle Theft 6 4
Larceny 5 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

South Addition Demographics and Home Trends

Housing Trends

Median List Price
$460,000
Median Sale Price
$442,500
Median Single Family Sale Price
$735,000
Median Townhouse Sale Price
$721,250
Median 2 Bedroom Sale Price
$339,500
Median Change From 1st List Price
1%
Last 12 months Home Sales
53
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$312

Neighborhood Facts

Number of Homes
1,446
Number of Homes for Sale
9
Median Year Built
1971
Months of Supply
2.00
Average Single Family Home Size Sq Ft
2,221
Above the national average
1,929
Average Townhouse Size Sq Ft
2,545
Average 2 Bedroom Size Sq Ft
1,355
Average 1 Bedroom Size Sq Ft
718
Median Lot Size Sq Ft
6,969

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
4,156
Median Age
45
Population Density
9 ppl/acre
Population under 18
16.6%
Below the national average
23.8%
Population over 65
24.3%
Above the national average
19.1%

Finances

Median Household Income
$114,888
Significantly above the national average
$79,601
Average Household Income
$140,632

Education and Workforce

High School Graduates
98.6%
College Graduates
62.9%
Significantly above the national average
34.1%
Advanced Degrees
31%
Above the national average
13.3%
% Population in Labor Force
70.8%

Area Factors

Very Bikeable

Bike Score®

76 / 100

Car-Dependent

Walk Score®

39 / 100

Some Transit

Transit Score®

40 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
South Addition