Anaconda Homes

I had my wife Ana do some research online about Anaconda homes, to see what has happened to real estate prices in this beautiful Montana town. After spending some time looking at listings she is convinced that prices have generally dropped since our last visit there in 2007, which makes sense given the declines seen almost everywhere in the country.

On the other hand, they haven't fallen back to the prices we saw when we bought a great home there for $17,500 in 2002. (You can see a photo on the page: Anaconda Houses.) There are no more homes under $10,000, for example, and there were several when we lived there. In fact, there are fewer than 10 which are listed for under $50,000 - this in a town that inspired our website HousesUnderFiftyThousand.com.

Six of the nine homes that are under $50,000 have only two-bedrooms. Most of the nine appear to be fixer-uppers. There are more than 30 listings which are priced under $100,000 at the moment, and Ana tells me there are some nice looking ones around $80,000. They seem to be old, like almost all Anaconda homes in the heart of town (where we would choose to live, but there are newer homes just out of town), but they look like they are well cared for.

Anaconda is still a small town, and probably will be smaller than it was in the 70s for many years to come. But with a great golf course in town, a ski resort up the hill twenty minutes, and wilderness all around, it is still an intriguing place, and still has homes at reasonable prices.