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Superior Shows First Home for Sale Renovated Under Restoration Program

Alejandra Palacios
Updated: May 14, 2019 06:19 PM

The City of Superior is restoring distressed and abandoned homes under the city’s Home Restoration Program.

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The program is about putting those properties into productive use in the city. One of the first homes they fixed up was displayed to the public Tuesday.

The abandoned properties are donated to the city and the goal is to strengthen the housing market in Superior through a method that benefits everyone.

The newly renovated home was given to the city through tax forfeiture, that's when the state takes ownership of a property when property taxes aren’t being paid by the home owner.

The city pays the taxes and utilities during the time they own the home. Shortly after, a developer takes over and puts in all the money to get the renovation done. The home then gets put on the market for sale after its finished.

The program facilitates blight removal, responsible development, and promotes healthy housing markets in Superior.

"We have a property that was not in use years and might not have been producing as much tax revenue. It certainly wasn't a home for anybody and with relatively little costs to people in Superior we get this thing put back into productive use for the community and for the city,” Jeff Skrenes, the housing coordinator for the City of Superior, said.

The city offered a tour of the restored home to residents. The property is 1,089 square feet and the asking price for it is $100,000. It has three bedrooms and 1 bathroom. Everything in it is brand new, including new flooring, new electrical, new plumbing, and more.

The program strengthens the tax base by putting the vacant structures to positive use through home ownership.

Skrenes said he hopes the program renovates 10 to 20 properties a year. They received a donation of another home recently. The home is deteriorated and showed the beat up conditions found in the properties the program gets.

For more information on the Home Restoration Program, click here.

Credits

Alejandra Palacios

Copyright 2019 WDIO-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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