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Vincent Orr in front of his newly renovated home in Detroit.
  • In June 2017, Vincent Orr won an abandoned home from the Detroit Land Bank Authority for just $2,100.
  • In 2019, he purchased a second vacant home from the DLBA for $1,200. 
  • Orr transformed both homes into livable spaces with only $100,000.

You can become a homeowner in Detroit, Michigan, for as little as $1,000 — but it'll take a lot of work.

The Detroit Land Bank Authority, founded in 2008, set out on a mission to return run-down and vacant properties in the city to productive use. To do so, it auctions off thousands of publicly owned properties through its public platform, Auction — and the bidding starts at $1,000.