Home buying, building, owning information fair a week away

“At least once a week I get a call from someone who is interested” in the upcoming borough subdivision land sale of 20 lots, said Kate Thomas, Wrangell’s economic development director.

To help those callers, and everyone else who might be interested in anything about buying land, building and owning a home, or buying an existing home, the borough is putting together an information fair for 9 a.m. to noon Saturday, Feb. 24, at the Nolan Center.

The borough plans to offer to the public 20 residential-zoned lots at the new Alder Top Village (Keishangita.’aan) subdivision upland from Shoemaker Bay. It’s likely the largest municipal land sale ever in Wrangell.

The lots — half will be sold by lottery and half by online auction — are planned to go on sale late summer or early fall, Thomas said.

The Feb. 24 information fair, which is free and open to the public, will start with Thomas giving a presentation on the timeline, eligibility and sales methods for Alder Top, followed by a video showing the lots, which average about a half-acre each.

Borough Public Facilities Director Amber Al-Haddad will follow, answering questions about the streets and utilities the borough will put in at the subdivision, and any other building questions people might have.

An open-house-style information fair will run from about 10 a.m. to noon, giving the public time to visit tables set up around the room and talk with a wide range of people in the business.

As of Feb. 7, Thomas said she had commitments to participate from Alaska Housing Finance Corp., Tlingit and Haida Regional Housing Authority, Tongass Federal Credit Union, First Bank, Dando Financial, tax preparer Kelley Decker, Anchor Properties and Stik Built Homes.

She is working to bring in building contractors, too.

The borough’s electrical superintendent and public works director will join Thomas and Al-Haddad at the fair to answer questions as the public roams around the room.

“It’s not just for Alder Top,” Thomas said, inviting anyone interested in housing to come learn and ask questions.

Street and utilities work at the subdivision is on hold during winter weather; completion is scheduled for October, she said.

There is no limit on how many of the 10 auction lots any one person or company can purchase, but there is a limit of one lot per person for the 10 parcels that will go out by lottery.

The 10 front lots that will go on sale by auction will start at between $53,000 and $70,000 each. The 10 back-row lottery parcels will be sold at a fixed price of between $45,000 and $60,000 each.

Anyone interested in setting up an information booth can contact Thomas at City Hall at 907-874-2381, or email kthomas@wrangell.com. There is no charge for a booth.

 

Reader Comments(0)