Omaha Real Estate Cost vs. Value
Posted by: Mike Terry in Untagged on
Feb 27, 2009
The NAR recently put out a great new report regarding the cost vs. value of home remodel projects in 2008. The information pertains to the entire country as well as individual cities so you can find out what's a smart investment for right here in the Omaha real estate market. Surprisingly, replacing old siding, brought on average the best return for your dollar spent. Updating an old kitchen was also one of the better investments as well. The most important issue I took from this article is that in the Omaha real estate market, do not over spend. It is good to update your house, but don't go over the top. Don't drop $70k on a new kitchen. Here in Omaha, houses just aren't that expensive and buyer's aren't necessarily looking for high end products if the house is out of the neighborhood's price range. A fresh coat of paint, new hardware and fixtures can go a long way.
