Equity Development Corporation featured as a partner with the Portsmouth Department of Economic Development.
You get more in Portsmouth. If you are in the market for a new or newly renovated home with custom features without the custom prices, then Portsmouth has a lot to offer. Equity Development Corporation has been rehabbing homes in the Cavalier Manor, Port Norfolk, Mt. Hermon, Park View and Churchland neighborhoods since 1996. All of the rehab homes are completely gutted and include new floor plans, new fixtures, plumbing, electrical and carpet and are energy efficient homes that are in move in condition. Other added features are hardwood floors, granite countertops, stainless steel appliances, and beautiful wood cabinetry. The homes typically range from $150,000 – $240,000. EDC President & CEO, Nick Jacovides, explained “I have a lot of roots in Portsmouth. We typically put in $70,000-$80,000 in rehabbing a home.” EDC also has new construction homes and has taken a focus on the Cradock neighborhood for both rehabs and new construction. If you would like additional information on EDC, please call (757) 460-9096 or visit them on their website at www.equitydevelopmentcorp.com.