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County to buy adjacent lot for tiny home village expansion despite appraisal gap; vote 4-1
Summary
The commission authorized purchase of a 0.49-acre site at 105 Texas St. for expansion of the county-run Tiny Home Village, approving a $290,000 offer the county said was above appraisal but necessary to secure immediately available land.
Bernalillo County commissioners approved acquisition of a 0.49-acre parcel at 105 Texas Street to expand the county-operated Tiny Home Village, voting 4-1 after discussion about price and value.
The nut graf: County staff presented the purchase as an opportunity to expand an existing transitional housing facility that operates an 18- to 24-month program with case management and wraparound services. Staff told the commission the seller initially sought $400,000, appraisals ranged lower, and the county negotiated a $290,000 deal to secure a contiguous property where staff say expansion is more cost-effective than seeking separate land and duplicating…
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