UPDATE Thursday, April 5, 3:00 p.m.: After a frenzied 15 minutes at the Buford Trading Post convenience store today, the town of Buford, Wyoming sold to an unnamed buyer for $900,000 –nine times the beginning bid. Buford’s current owner and only resident Don Sammons has up to a week to decide if he’ll accept the bid. It looks like buying a piece of America comes with a heftier price tag than many expected.
Thought owning a private island or beach would be cool? How about an entire town? With many small towns struggling to avoid bankruptcy and attract residents in today’s distressed housing market, a few are looking to unload their zip codes onto someone else.
Tomorrow, April 5, at noon MT, the town of Buford, Wyoming off highway I-80 will be auctioned off through the Oklahoma-based auction house Williams & Williams, with bids starting at $100,000. True, the town is tiny. It has a population of one – a 61-year-old man named Don Sammons, who has lived in Buford for over 30 years and bought the town in 1992. It’s also flat and windy, has the highest elevation – 8,000 feet – of any community on I-80, and temperatures can get well below freezing.
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