real-estate

Real estate is now crowded with lists of more derelict buildings falling apart. The orders are either to demolish or to repair these units. The houses in their present condition are unlivable.

Seven properties in Fond City have so far been served such notices. Another order is about to be dispatched said chief building inspector Guy Fox. It is thrice the numbers Fox has handled so far in any given year.

Fox said, “People, for whatever reason, don’t have the money to fix things up — they have run into financial difficulty, foreclosure or bankruptcy. Sometimes, they just throw their hands up and walk away from the problems.”

Many of the houses endured damages to its structures during the floods of 2008 June. Others are succumbing to neglect fed by time. It is only when the grass gets too high and vandals break windows that the authorities are alerted.

Demolition orders are issued only when it is found that the repair costs are too expensive – more than 50% of the value of the house. The owners are warned to either start repairing the building or pulling it down within 60 days – the expenses to be borne by them.

To some these raze or repair orders are an opportunity to take advantage of. Jeffery Lohry wanted a garage. Instead of building a new one he bought one of these notified houses and saved $9,000. It was on Chestnut Street and apart from being damaged by floods it was too old.

One could crawl underneath. Haphazard additions had been made for some years. It was conveniently near to Lohry’s residence – only five blocks away. He took it a good investment although it nestled on the flood plain. It was ideal for his garage plans.

Many are happy to see that concrete steps are being taken to remove eyesores. Bill Huck of Precision Locksmith on Main Street is one of them. Commenting on one building Three Aces North, 111 N. North Main Street) he said, “People were always commenting on the building, how bad it was. When it was Connie’s Bar, the owner (as a renter) always had repair problems, but that’s been gone now for years.”

Amy Hansen of Downtown Fond du Lac Partnership said the location of these houses on Main Street made them ideal for business purposes – either a chain or local independent unit. She said, “It will be a clean lot for development, and it’s in a gateway entrance area to downtown. I’m really excited about the opportunity.”

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