Raleigh Homes in Flood Plain Up for Auction
Posted November 2, 1999
RALEIGH — If you're looking for a new home, we may have a bargain for you.
The city of Raleigh is auctioning off 13 homes that are now located in the 100-year flood plain. It's part of the effort to move homes out of areas hit by the flooding from Hurricane Fran in 1996.
There is a catch to the whole deal: If you have the winning bid on one of the homes, you have to pay to move it to a new location.
City officials on Wednesday will sponsor a tour of the 13 homes, all in the 100-year flood plain, that will be sold at public auction in December.
Tour participants should gather at 9 a.m. in Room 305 of the Avery C. Upchurch Government Complex at 222 W. Hargett St. Participants will receive information on the houses there.
The city is offering the houses, which have flooded in the past, to reduce demolition costs and landfill space. Buyers will be responsible for moving the houses outside the flood plain. Many of the houses were restored after Hurricane Fran in 1996 and were occupied until the city purchased them.
The city is working with the Federal Emergency Management Agency and the N.C. Department of Emergency Management to acquire properties within the 100-year flood plain that have been prone to flooding. Federal and state mitigation funds are being used to purchase the properties.
The city has made offers to purchase 43 homes. Twenty-five owners have accepted the offers. The city has closed on the 13 properties being auctioned at 2 p.m. on Dec. 1 in Room 305 of the Government Complex.
To preregister for the tour or for more information, call Dave Betts in the planning department at 890-3125 or Wester Auction at 662-8884.