Dates have been set for post-construction open houses at the city of Coon Rapids’ Home for Generations project at 11635 Xavis St. N.W.
Remodeling of the home is expected to be completed by May 7 when the house will be put on the market for sale in tandem with four open houses.
The open houses will be Saturday, May 12; Sunday, May 13; Sunday, May 20; and Sunday, June 3, all from noon to 3 p.m.
This is the fifth vacant/foreclosed home that the Coon Rapids Housing and Redevelopment Authority (HRA) has purchased through the Home for Generations program since it was launched in 2009.
The purpose of the Home for Generations program has been to purchase vacant/foreclosed older homes in the city, remodel them and then sell them to recover the HRA’s purchase and remodeling costs, not to turn a profit.
All four prior homes that have been purchased and remodeled have been sold, including two last year.
But more than that, the HRA, through the Home for Generations program, wants to give residents living in older homes in the city ideas for remodeling their own homes.
And for that reason, the city has pre-construction, mid-construction and post-construction open houses.
The pre-construction open house at the Xavis Street house was in February with the mid-construction open house in March.
And in this case, the remodeling involves a series of smaller projects, rather than one large project, that residents planning to remodel their home could do in stages as money became available, rather than all at once, according to Kristin DeGrande, Coon Rapids neighborhood coordinator.
Contractor Darrell Olson of Legacy Homes was hired by the HRA to do the remodeling project.
“The work has gone seamlessly and smoothly,” DeGrande said.
Mike Hunstad of Counselor Realty, who is marketing the property for the HRA, will be determining the sale price for the property, she said.
The 1960 rambler was purchased by the HRA for $86,000 last year. The remodeling budget was $40,000.
Peter Bodley is at email@example.com