Genesee County Land Bank prepares for Winter Homes Tour - ABC 12 – WJRT – Flint, MI

Genesee County Land Bank prepares for Winter Homes Tour

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(02/02/12) - The Genesee County Land Bank is ready to sell several newly renovated houses at a fraction of what many Mid-Michigan residents pay for rent.

"You're going to walk in here and be amazed at how good it looks," said the Land Bank's rehabilitation inspector, Kyle Stottmeister.

This 1200 square foot, four bedroom home sits on Dougherty Street in Flint's Mott Park neighborhood, right near Kettering University. The Land Bank will show it off, and two others nearby, during its Winter Homes Tour on Saturday, between 11 a.m. and 1 p.m.

"We had a great response from our fall home tour. We actually sold two of the three houses on Barbara," Stottmeister said.

All three Mott Park houses are available for under $50,000. Each have received more than $100,000 in renovations through the Neighborhood Stabilization Program. One house in particular was built in the 1920s. Its makeover was nothing short of extreme.

"There were holes in the roof, the basement walls were collapsing. The whole house had been sitting vacant for quite some time. We took it from top to bottom and insulated it, fixed everything, it is in great shape," Stottmeister said.

That "fix up" includes new, energy-efficient appliances.

"Dishwasher, oven, refrigerator, sink, faucet, everything is brand new," Stottmeister said.

Interested buyers must fall within a low to mid-level income bracket.

"For a family of four, you can make up to $64,000 and still qualify. There's eight hours of home counseling that we set up for you and then you just go through the realtors and take care of the process," Stottmeister said.

This house in Mott Park is only a small part of the big picture. Right now, the Land Bank is giving the same treatment to 37 other houses spread throughout the city of Flint.

"When we start fixing up a home, a lot of times, we'll see the neighbors start to work on their homes as well, because it kind of gives them some pride back in their neighborhood, and we do see a difference in that area," Stottmeister said.

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