Neglected, Abandoned Homes In Philly See Increased Property Valu - FOX 29 News Philadelphia | WTXF-TV

Neglected, Abandoned Homes In Philly See Increased Property Value

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Philadelphia neighborhoods are being targeted for neglected buildings. Neglected buildings are seeing a $74 million increase in property value.

This is due to a program that identifies properties in the earliest stage of distress.

Parts of Tulip Street in the Northeast section of Philadelphia are hardly a garden spot because of home decay.

City Housing Inspector Derrick McCall is helping to stop urban decay. McCall is enforcing a citywide ordinance that fines building owners 300 dollars every day for each and every boarded up or otherwise neglected window and door.

"It makes you feel good when you come to a property such as this one, and you see it this way, and you come back maybe six months from now and it's fixed," said McCall.

After citing neglected homes for violations the next step for the city is locating property owners. The largest assessed fine on record is about $1 million.

A default judgment was passed for a property owner who didn’t show up to court.

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