Land auction opens

Published 4:43 am Monday, March 26, 2018

Alaskans interested in owning land in the Last Frontier can stake their claims a little cheaper today and through June as bidding in the Department of Natural Resources’ 2018 land auction is now open.

One of the state’s missions, DNR auction sales team lead Terry Hess said in a phone interview, is to provide an opportunity for residents to settle the state. Hence the land auction.

“In Alaska, it’s actually part of our mission to make land available for settlement for Alaska residents, so that’s kind of our purpose,” Hess said.

Bidders looking for a slice of rural life compete with one another in a sealed-bid auction open only to Alaska residents. All parcels are appraised and assigned a minimum value at which they can be sold, so land can’t be low-balled.

For the rest of this story, visit the Juneau Empire.