Merill Homes for Sale

Merill is a residential neighborhood in northwestern Flint. Anchored by a central greenspace at Sarvis Park and surrounded by numerous other parks, the neighborhood has grappled with the effects of deindustrialization. But things are gradually reversing course. The community's efforts to revitalize have been noticeable in its recently remodeled homes and brand-new schools. Over the last few years, investors have set their sights on Merill's low price points for homes. The neighborhood sees a median single-family home price of $25,000, mostly driven by investment properties. Some are sold as "HUD homes," meaning their buyers – typically owner occupants – purchase the property from the U.S. Department of Housing and Urban Development. But most of these properties need some TLC, whether it be for light cosmetic work or intensive structural repairs. Remodeling projects have led to an increased supply of move-in ready single-family homes, mostly Craftsman cottages and second story overhangs. Buyers looking for a move-in ready home typically pay between $60,000 and $95,000. Most investors pay between $15,000 and $40,000 for a property in need of repairs. Public schools in Flint use a