Three years ago,
there would have been over 40 single-family homes available in the Park
Neighborhoods. In October 2014 there were only 12. There were about the same
number of multiple-family homes. Three years ago single-family homes were
priced between $10,000 and $84,000. Today they are going from $45,000 to
$120,000.
What
happened?
The economy changed,
of course. The home buying crisis is nearly over.
In addition, many
efforts went forward to improve the image of the Park Neighborhoods to
prospective homebuyers. Urban Anthropology Inc. (UrbAn) was one organization
that worked to change this image. Whenever a home was for sale, UrbAn would
drop off binders of information to home sellers that promoted the
neighborhood—information such as the local assets, services, recreation
facilities, businesses, parks, and more.
In addition, UrbAn worked with the Greater Milwaukee Foundation and the
NIDC to secure grants on neighborhood improvement features. From these grants
came public art, over 100 large planters filled with plants and flowers, 35
homes rehabbed, a neighborhood museum, plays and events on neighborhood
cultural history, 78 home flower boxes, 14 homes landscaped, gateway sign, new
trees for Kosciuszko Park, walking tour of the neighborhood, and more.
Progressive Properties do more for our clients by offering multiple services to meet each client’s individual needs. We are a team of SOLUTIONS EXPERTS with more than 20 years of combined real estate and financial experience, with the knowledge and resources to help with your EVERY real estate need.
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