Fargo City Hall hosts auction of 9 flood-prone homesFargo, ND (WDAY TV) - It was a full house today for Fargo's buyout homes auction at city hall where prospective homeowners hoped to get their hands on some new property.
By: Kay Cooley, WDAY
Fargo, ND (WDAY TV) - It was a full house today for Fargo's buyout homes auction at city hall where prospective homeowners hoped to get their hands on some new property.
That's where nine flood-prone homes were up on the auction block, ready to be moved, or salvaged.
The pace is fast and the homes are flying for bidders like Dan McKeever. He's been around the auction block a time or two.
McKeever: "We're here to look at all of them. My wife and I did one last year for ourselves."
He's part of the packed room fighting for a chance at one of Fargo's nine buyout homes, most valued between 200 and 400 thousand dollars.
Kevin Pifer, Pifer’s Auction and Realty: "Even though it's only nine lots, there certainly has been a lot of interest in these homes."
Interest all the way from McKeever's town of Gwinner, he wants to bring some of these homes there.
McKeever: "Things are going well down in that area, and we've just basically run out of homes."
But first, he had to get past persistent Dean Meyer.
Meyer: "Nervous and relieved I guess is the main thing."
Meyer ultimately won out on a house from Oak Creek for his new family of now five.
Meyer: "Was trying to do everything I could to be able to get the house."
Meyer had been keeping his eye on this one for quite some time, even purchased land for it south of Moorhead. He says the biggest step now, is to get it there.
McKeever: "It's a lot more work than people think it is."
But for Meyer, between the purchase price of $40,000 and moving costs of $45,000, his total is still coming around a quarter of his new homes value, nearly $400,000.
Meyer: "You can't build that house for what I’m going to put into it."
Meyer: "You save a beautiful house that's able to go to somebody else, me I guess."
Plenty of room for his growing family and for the growing town of Gwinner.
McKeever: "We're going to keep doing it ‘til we run out of houses I guess."
There's always next time.
The home that went for the lowest price came in at $500; the highest, $65,000. Auction winners are responsible for moving or salvaging their new homes by Jan. 15.