A bungalow in South Euclid, Ohio, which has been foreclosed and left empty since 2008, has been given a makeover as part of the city’s effort to renovate abandoned homes using environmentally-friendly technology. The project, called Green Neighborhoods Initiative, also involves home gardening and community garden efforts.
City officials are planning to renovate up to 7 homes to serve as model houses that will attract investors and homebuyers to the city. The program is also meant to address other problems faced by the local housing market including foreclosures, deteriorating residences and aging city population.
The project is being funded by an $800,000 budget from the Neighborhood Stabilization Funds and additional grants from the First Suburbs Development Council. The local grants and federal funds are designed to solve the problems of neighborhood blight caused by foreclosed and empty properties.
According to local officials, the bungalow was chosen as the first house to be renovated under the project because it has the style found in most homes in South Euclid. Moreover, the home required a complete makeover which allows the city to refurbish from scratch and earn a Leadership in Energy and Environmental Design (LEED) certification.
The program also includes home gardening and city gardening efforts. Under the project, the city also plans to set up community gardens in lots where houses that are beyond repair are torn down. The city has already identified two locations where the planned city gardens will be set up – a space in Colony Road and another in Warrendale.
The bungalow, located in Wilmington Road, was built in 1950. It served as a rental property prior to getting foreclosed and abandoned. The dwelling has suffered from neglect, with its siding and interior requiring massive repairs.
The renovation is scheduled to finish in June and is already offered for sale at the price of $149,000. The city has, so far, shelled out $130,000 to renovate the residence. Officials have explained that the renovation initiative aims to repair dilapidated residential structures and then sell them to qualified buyers.
Upon completion, the dwelling will have a refurbished foundation, a renovated kitchen that will feature Energy Star home appliances and additional rooms. The yard was also renovated and native plants were added to provide future occupants with a chance to enjoy home gardening activities.
John Cutts has been educated in the finer points of the foreclosure market over 5 years.
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