Prospective home buyers who want another option beyond the city's new auction website
can look forward to the Grandmont Rosedale Neighborhood Open House
. Up to 15 houses will be for sale and open for viewing during the event taking place on Sunday, May 4, from 1:00 to 5:00 p.m.
Visitors to the event will have the option of taking a tour of the neighborhood by foot, bicycle, or bus. Guests are encouraged to register at the North Rosedale Park Community House, 18445 Scarsdale, before touring the neighborhood. From there, visitors can go from home to home on their own or join a short bus tour narrated by their potential future neighbors.
A bike tour is also available. Wheelhouse Detroit
will be leading a group of cyclists from downtown to the neighborhood. A group of Grandmont Rosedale residents will then lead guests on a tour of the area.
The 15 houses that will be featured vary in style, size, and price. Each home is eligible for $7,500 in down payment assistance from First Merit Bank. A number of the homes have been rehabilitated by the Grandmont Rosedale Development Corporation through the Neighborhood Stabilization Program. These GRDC houses are eligible for another $10,000 through the Detroit Development Fund, a total of $17,500 in incentives. New buyers may also qualify for a 15-year tax abatement.
The Detroit Future City plan
has identified Grandmont Rosedale as a neighborhood ideal for stabilization and investment. Over a million dollars have been invested in the neighborhood these past few years from groups that include foundations, the Detroit Land Bank Authority, and the city of Detroit.
The Public Lighting Authority has chosen Grandmont Rosedale as a site for demonstrating its public lighting improvements.
Source: Grandmont Rosedale Neighborhood Open House press release
Writer: MJ Galbraith
Got a development news story to share? Email MJ Galbraith here.