New ‘cottages’ near downtown Anchorage seen as one possible solution to city’s housing shortage
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A clutch of small new houses on a busy street near downtown offer what city officials say is a rarity -- new home ownership opportunities at relatively low prices in the heart of Anchorage.
At 840 square feet or less, the five tightly aligned, two-story units at 11th Avenue and Cordova Street aren’t much bigger than a typical one-bedroom apartment.
City officials say the houses represent an experiment in urban planning that might help address Anchorage’s housing shortage. They’re listed for $224,000 or less, close to half the price of the average home-sale price in the city. Homeowner dues for maintenance like snow removal would add a monthly cost.