Home in New Orleans' popular Bywater district to sell in auction

NEW ORLEANS, April 22, 2014 /PRNewswire/ -- The New Orleans Bywater neighborhood has emerged in recent years as one of the city's most desirable communities, as well one where folks tend to approach things in a creative way. And the owner of a home in the heart of the Bywater is offering it at auction, with Head Auctions & Realty managing the sale, which includes both online and live bidding.

Online bidding will begin on Thursday, May 1, followed by a live auction at the home beginning at 11 a.m. on Saturday, May 10.

"This home really captures the feel and spirit of the Bywater – built in the 1930s but remodeled from top to bottom in the past few years, with a new roof and up-to-date fixtures and appliances, yet true to its original Arts and Crafts design and the character of the entire district," said William Head, president of the auction company.

While the neighborhood is primarily residential, the home is zoned commercial so that the current owner could rent it out from time to time. "There was always strong demand for renting it, because people just love being part of an edgy, artistic community that is also within walking distance of the French Quarter," said Head.

Another factor in the Bywater's emergence as a "hot" neighborhood may be its higher elevation and the natural levy provided by the Mississippi River. "The Bywater Historic District was spared much of the flooding that devastated the city," said Head.

The three-bedroom, two-bath home has a front porch looking out on Poland Avenue, as well as a three-year-old deck overlooking the fenced courtyard. The attic is floored and could be used for an additional loft bedroom or living area.

Online bidding will be begin at www.headauctions.com starting May 1, 2014 and will continue until 10 a.m. Saturday, May 10. One hour later, at 11 a.m. on May 10, the live auction will begin at the home, which is located at 1201 Poland Avenue, New Orleans. The home will sell to the highest bidder, whether online or live.

Head Auctions & Realty, based in Flora, Miss., conducts regular live and online auctions of real estate, personal property and other assets. Individuals seeking additional information about the company and its services may visit www.headauctions.com or call 601-879-3344.

For more information:
Carl Carter, 205-823-3273

SOURCE Head Auctions & Realty