New Home Rises from the Ashes

Construction is nearly complete on this new home on East 195th Street in Euclid.

Nearly eighteen months after a fire completely destroyed a fully renovated house at 296 East 195th Street in Euclid, construction of a new home at the site is nearing completion. The City used insurance proceeds from the fire to hire Dinardo Builders of Chesterland, Ohio for the construction of the new house. The 1,350 square foot colonial-style home features three bedrooms and two and a half bathrooms.  Modern amenities include a first floor laundry room, a gas fireplace, and state-of-the-art stainless steel appliances.   

The home is currently available for sale to eligible home buyers for $126,900 through the City’s Neighborhood Stabilization Program. 

Marty Castelletti, Manager of Neighborhood Development for the City calls this a “great time to buy a house” in the City of Euclid.  Home prices rose 8.5 percent in Euclid last year and interest rates remain low.  According to Castelletti, many buyers can now afford a high-quality home for less than the cost to rent.   

While the number of homes for sale has decreased from a year ago, buyers can still find houses in a variety of styles and price ranges in Euclid.  For those seeking a site to build a new home, the City has a large inventory of buildable lots for sale for as little as $1.00. 

For more information or to schedule a showing of the newly constructed home, please call Annabelle Neshkin of Century 21 Realty at (216) 215-3330.