A recently founded Real Estate Company, Renew Ardmore, is working on remodeling condemned houses throughout the city. Ultimately they hope to help address the need for more family housing options in Ardmore.
“The ADA (Ardmore Development Authority) did a study showing how Ardmore is really short on housing. We looked at condemned housing, and they are tearing down 55 to 59 houses a year,” said Brannon Burroughs, a Renew Ardmore partner.
Two local property investors started Renew Ardmore to simplify the process of buying a home.
“Affordable housing is extremely difficult, especially for first-time homebuyers,” said Renew Ardmore partner Reece Riggle. the opportunity to purchase an affordable house. ”
They are almost halfway done with renovations on their first project.
“This one is not that bad, but it has been condemned for two years, and the next thing you know, they will be tearing them down,” Burroughs said. “Why not bring it back up and give it a little love and let a family have it. ”
Once renovations are finished on the 2nd St. Southeast house, they plan to start work on several other properties.
“We are trying to work with the City to get the list of condemned properties,” Burroughs explained. “I think there are about 350 on the list, so we will work our way down the list.”
Renew Ardmore offers a one-year warranty on their remodeled homes.