Richard Tryon was immediately intrigued by the “for sale” sign in front the 130-year-old home in Old North Dayton. When he learned it was being offered by the Land Bank, the previous participant in the Land Bank’s Do-It-Yourself Program allowed his interest escalate into action.
Richard was eager to showcase the home’s unique, older character, including its original wood floors, trim and hardware. A handyman by trade, he was confident he could fix any structural problems. And the purchase price of $5,000 was attractive.
As with any renovation, Richard encountered unforeseen challenges, including a collapsed sewer line out to the curb. But his obvious commitment and ongoing work made it easy for Land Bank DIY Program Manager Susan Considine to adjust deadlines so he could see the project through to completion.
Richard finished the renovation, and the Land Bank transferred ownership to him in March 2020 – just in time for the covid 19 pandemic to all but freeze real estate sales. He used the time to continue making enhancements.
But Richard’s persistence and $45,000 investment paid off in the end. After recently listing the home at $98,900, he was beyond happy when it sold at that price in under two days.
“I can’t say enough good things about working with the Land Bank,” said Richard, who’s considering purchasing another DIY home. “I’ve never seen people so willing to work like they do to help you make your project a success.”