U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Nebraska > Omaha
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply Start New Thread
 
Old 12-13-2011, 05:49 PM
 
Location: United States
220 posts, read 30,572 times
Reputation: 156
Default Houses To Renovate & Flip

So we've been living in Omaha about 6 months, and finally got our house in Chattanooga sold. We're ready to buy.

I'm semi-retired (early 50s), and want to buy & fixer-upper to enjoy keeping myself busy. We've renovated and sold 11 houses over the years, so I've got the experience & tools to do the job.

I know it's a buyers' market, and I can make a cash offer on anything less than $100,000. What I want to know is what part of town you'd suggest I look to buy a house in. I don't want anything built more recently than (probably) the 40s, because the old houses have all the great woodwork and character.


Suggestions?
Reply With Quote Quick reply to this message

 
Old 12-13-2011, 06:29 PM
 
Location: Omaha
474 posts, read 734,931 times
Reputation: 176
Benson
Reply With Quote Quick reply to this message
 
Old 12-13-2011, 08:05 PM
 
Location: Middleburg
863 posts, read 794,253 times
Reputation: 335
Little Italy
Reply With Quote Quick reply to this message
 
Old 12-14-2011, 05:55 AM
 
187 posts, read 382,588 times
Reputation: 74
Field Club / Hanscom Park / Leavenworth Area

Columbus Park

Mercer Park / Orchard Hill

One of my all-time favorite neighborhoods is Kountze Place in North Omaha, but you would have to scope things out up there first. Whatever people say about that area, it is home to some of the most grand late 19th century homes in the city. Florence is a great neighborhood also in North Omaha that has some wonderful old houses.

Here's a couple that I saw that I wanted someone to flip or preserve...

918 South 33rd Street, Omaha NE | MLS# 21118504 - Trulia

3017 Mormon St Omaha NE - Home For Sale and Real Estate Listing - MLS #21121555 - Realtor.com®
Reply With Quote Quick reply to this message
 
Old 12-14-2011, 10:27 AM
 
Location: United States
220 posts, read 30,572 times
Reputation: 156
Quote:
Originally Posted by omahajosh618 View Post
Field Club / Hanscom Park / Leavenworth Area

Columbus Park

Mercer Park / Orchard Hill

One of my all-time favorite neighborhoods is Kountze Place in North Omaha, but you would have to scope things out up there first. Whatever people say about that area, it is home to some of the most grand late 19th century homes in the city. Florence is a great neighborhood also in North Omaha that has some wonderful old houses.

Here's a couple that I saw that I wanted someone to flip or preserve...

918 South 33rd Street, Omaha NE | MLS# 21118504 - Trulia

3017 Mormon St Omaha NE - Home For Sale and Real Estate Listing - MLS #21121555 - Realtor.com®
I'm liking the looks of that house up on 30th & Mormon St, though it needs more of a tweaking than renovation.

I've never heard of Columbus Park. Where is that?
Reply With Quote Quick reply to this message
 
Old 12-14-2011, 12:08 PM
 
187 posts, read 382,588 times
Reputation: 74
Columbus Park is located directly across 480 from Field Club and Hanscom Park. I also believe that it's located just south of Park East. South 28th Street has some beautiful homes on it. A lof of them are pretty nice. There's also a beautiful 19th Century Queen Anne row house on 28th that's been abandoned for years. It breaks my heart to see it. I hope someone restores it soon so it's not torn down!

I'm so glad that Omaha Landmarks, Inc. made a deal to not have the Keirle House torn down for the parking lot. Florence is a great neighborhood and that house deserved to stay.
Reply With Quote Quick reply to this message
 
Old 12-14-2011, 03:00 PM
 
Location: Omaha, NE
1,048 posts, read 1,290,562 times
Reputation: 206
Ralston. There are older houses in there, right?
Reply With Quote Quick reply to this message
 
Old 12-14-2011, 04:24 PM
 
600 posts, read 592,340 times
Reputation: 133
There are some kind of sad looking homes around 33rd and Hamilton, but would look very good spruced up. It's a little north of Mercer Park I believe and the area's a little down, but I've seen some fixed up houses that look very good. You might join the movement and make that area nicer.
Reply With Quote Quick reply to this message
 
Old 12-14-2011, 08:49 PM
 
4,575 posts, read 2,802,972 times
Reputation: 9109
Benson would be good but hard to get real cheap ones there. The area around the main post office wouldn't be bad either. Certain pockets of south Omaha would be ok too but I would suggest you look at the crime stats and the other houses in the area on the Douglas County Assessor's site to get a feel of what houses are worth and selling for in the area. Here is a website that lists REO Bank owned properties by price. And DC's website. Hope this helps you some.

REO Bank Owned Properties For Sale
Valuation » DC Assessor
Reply With Quote Quick reply to this message
 
Old 12-15-2011, 01:05 PM
 
Location: north omaha
30 posts, read 48,275 times
Reputation: 19
Omaha is a tough city to "flip" in. Housing prices are low compared to the national average, so you won't really see much of a return in investment. I'd say field club is one your best bets if you want to increase the value of the property. I agree with OmahaJosh that Kountz Park and Florence have some beautiful old homes for the price, but they are really only a good deal if you plan on living there yourself. I live along Florence Blvd and have done quite a bit of work to my own home, but more than likely I won't get back what I have put in. These changes were for myself.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $79,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Nebraska > Omaha

All times are GMT -6.

© 2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top