Real Estate Information Archive

Are you aware that Omaha's urban landscape is undergoing a remarkable renaissance? The Nancy Heim-Berg Team has our finger firmly on the pulse of Omaha's real estate market, and we've recently observed how strategic investments and thoughtful development are reshaping areas like Blackstone, Benson, and North Downtown.

 

Once-overlooked neighborhoods transform into vibrant hotspots that attract residents and investors. Omaha's transformation is changing more than the physical landscape and creating excellent investment opportunities for savvy buyers looking to capitalize on Omaha's urban evolution.

 

Blackstone District: From Historic Hub to Modern Hotspot

Once one of Omaha's oldest neighborhoods, the Blackstone District has emerged as the city's premier example of successful urban revitalization. The historic area, extending from 36th Street to 42nd Street along Farnam Street, has been transformed into a lively, pedestrian-friendly destination that showcases contemporary dining, nightlife, shopping, and residential experiences. NebraskarealtyBlackstonedistrict

 

Mayor Jean Stothert noted that "Blackstone's success and growth will continue to accelerate when the streetcar is running," highlighting this transportation project's transformative impact on the area. Nebraska Examiner The perfect storm of development factors converging in this area makes Blackstone particularly interesting to investors. The coming streetcar route, scheduled to begin operating in 2027, is accelerating development.

 

Recent development announcements underscore this momentum. A new $45 million housing development was recently announced for the Blackstone District, set to transform the former WOWT-TV building site at 35th and Farnam with 180 apartments and amenities, including a pool and fire pits. The project developers specifically cited the incoming streetcar as a key factor in their concept. https://www.wowt.com

 

For investors, Blackstone offers multiple entry points—from purchasing existing properties for renovation to investing in new developments. The Nancy Heim-Berg Team has guided numerous clients through successful investments in the Blackstone District, helping them identify properties with strong appreciation potential before prices climb further.

 

Benson: A Growing Appeal for Benson's Artistic Soul

Benson, just northwest of downtown, known for its lively and unique vibe, has established itself as one of Omaha's most distinctive neighborhoods. We're seeing Benson transform from working-class roots into one of the city's most vibrant districts, right before our eyes. The heart of the neighborhood runs along Maple Street, home to trendy restaurants, craft breweries, cafés, and boutique shopping options. The Dodge Voice

 

Its strong artistic identity and community cohesion distinguish Benson from other evolving areas. The neighborhood has transformed into one of Omaha's most eclectic areas, filled with art galleries, music venues like The Waiting Room Lounge, and diverse dining options that attract a creative crowd. Nebraskarealty

 

The Heim-Berg Team has identified several investment opportunities unique to Benson:

 

First, the commercial corridors offer solid small business investment potential, with storefront properties at more accessible prices than those in Blackstone or downtown. One local entrepreneur recently purchased, redesigned and renovated a hardware store into an attractive café and coworking space, seeing substantial revenue and property appreciation.

 

Second, the residential streets surrounding the commercial core feature character-rich homes at relatively affordable prices. A young couple working with the Nancy Heim-Berg Team purchased a 1920s bungalow for $225,000 in 2022, made strategic updates, and recently received an appraisal valuing their home at $310,000—representing substantial equity growth in just three years.

 

Third, a four-unit property recently listed by the Nancy Heim-Berg Team received multiple offers within 48 hours, demonstrating strong investor interest in this area. This proves that multi-family opportunities in Benson remain undervalued compared to other hot neighborhoods.

 

North Downtown: The Next Frontier

The most exciting area for forward-thinking investors is North Downtown Omaha, where infrastructure investments and strategic development are laying the groundwork for substantial growth. According to the 2022 Greater Omaha Chamber Urban Core Strategic Plan, the goal is to add 30,000 new residents to Omaha's urban core over the next 30 years—and North Downtown will play a crucial role in achieving this vision. Cityofomaha

 

According to projections from the Omaha Streetcar Authority, the streetcar project is proving to be a powerful catalyst for North Downtown development. The streetcar system is expected to generate $3.2 billion in new downtown development over 15 years, creating tremendous opportunities for early investors.  Rejournals

 

The North Downtown developments are showing a lot of momentum:

One developer invested in three adjacent properties near CHI Health Center, designing them as a mixed-use project that includes ground-floor retail with residential units above. They're including a local coffee shop and a boutique fitness studio that are up and running, before completing full property construction, demonstrating the demand for amenities.

 

Currently, the Heim- Berg Team, sees a robust long-term forecast for North Downtown. North Downtown offers a great value proposition for residential investors. The area features a mix of newly renovated properties and development opportunities, with listings highlighting convenient access to downtown attractions while emphasizing future benefits from the incoming streetcar line. Redfin

 

Omaha is undergoing what Mayor Jean Stothert called an "$8 Billion Makeover," with more than 20 construction projects underway throughout downtown and surrounding areas to enhance connectivity, livability, and economic activity. Homes

 

For those considering investment in these transforming neighborhoods, the Heim-Berg Team recommends several successful strategies:

Timing is critical. North Downtown presents the highest potential upside but requires a longer investment horizon, while Blackstone represents a more mature investment market with proven returns but higher entry costs.

 

Benson offers a mid-range opportunity with established momentum but still accessible price points. A client working with the Nancy Heim-Berg Team recently purchased a mixed-use building in North Downtown for 30% less per square foot than comparable properties in Blackstone, banking on the area's trajectory to drive future appreciation.

 

Consider Property Type Carefully: Each neighborhood has different property types that perform best. In Blackstone, multi-family and mixed-use buildings have shown the most substantial returns. Benson's single-family homes and small multi-family properties (2-4 units) have demonstrated excellent appreciation. North Downtown's best opportunities are commercial buildings with redevelopment potential and newer condo developments.

 

Look for Infrastructure Indicators: Properties within a quarter mile of planned streetcar stops consistently show the most substantial appreciation potential. The Nancy Heim-Berg Team maintains detailed maps of infrastructure developments. It can guide investors to strategic locations based on upcoming improvements.

 

Consider Cash Flow vs. Appreciation: North Downtown offers stronger cash flow opportunities with long-term appreciation prospects. Investors should clarify their primary objectives. Blackstone properties typically generate lower cash flow but stronger appreciation. Benson offers balanced cash flow and appreciation potential.

 

The Streetcar Project’s Impact. The coming streetcar system deserves special attention as an investment driver, as it should have a substantial financial impact. When operational in 2028, the initial route will connect neighborhoods, business districts, tourist attractions, and community amenities between downtown Omaha and the Blackstone District. The streetcar represents more than just transportation—it catalyzes economic growth, spurring billions in new development. Omaha streetcar

 

The Nancy Heim-Berg Team has observed a clear pattern of investment flowing along the planned route, with properties within walking distance of future stops commanding premium prices. One client who purchased a commercial building on Farnam Street in 2022 has already received unsolicited offers at 40% above their purchase price despite making minimal improvements to the property.

 

Omaha's planned streetcar system carries a price tag exceeding $300 million. It will run primarily along Farnam and Harney Streets between downtown and midtown. City officials have approved $440 million in bonds to finance the project, with the debt to be paid through tax-increment financing (TIF) revenues. Nebraska Examiner.

 

This important public investment shows the city's commitment to the corridor's success and provides investors with additional confidence about the area's trajectory.

 

The Heim Berg Team's Investment Timing Advice. Based on current market conditions and development timelines, the Nancy Heim-Berg Team suggests these neighborhood-specific investment approaches:

 

Blackstone: The window for getting in early has largely closed, but opportunities remain for value-added investments. Focus on properties needing renovation or those slightly outside the core district that will benefit from the neighborhood's continued expansion. Consider a 5–7-year-old strategy to maximize returns.

 

Benson: Now is the optimal time to invest in Benson, as prices have not yet reached their ceiling. The neighborhood is experiencing steady appreciation without the speculative price jumps seen in Blackstone. The sweet spot is within three blocks of Maple Street, where walkability enhances rental rates and resale values.

 

North Downtown: Properties may require more initial work or extended holding periods before significant appreciation materializes. This area represents the best opportunity for patient investors with a 7–10-year horizon. Still, early investors stand to benefit most from the area's transformation. The Nancy Heim-Berg Team has identified several "micro-pockets" within North Downtown that show early signs of accelerated development.

 

The Nancy Heim-Berg Team has consistently advocated for investments that honor neighborhood heritage while supporting growth. Omaha's neighborhood transformation is particularly noteworthy because it balances progress with preservation.

 

Omaha's evolution has largely maintained each area's distinct identity while enhancing amenities and infrastructure, unlike in some cities, where gentrification completely changes neighborhood character. Omaha's thoughtful approach to development creates sustainable long-term value and reduces the risks typically associated with rapidly changing urban areas.

 

Investing in Omaha's transforming neighborhoods requires local expertise, market insights, and strategic timing. The Nancy Heim-Berg Team offers all three, with a deep understanding of the factors driving neighborhood evolution and the ability to identify opportunities before they become apparent to the broader market.

 

Are you considering your first investment property, looking to diversify your portfolio with Omaha real estate, or seeking to capitalize on the city's urban renaissance? The Nancy Heim-Berg Team provides the guidance you need to make informed decisions.

 

Ready to explore investment opportunities in Omaha's most promising neighborhoods? The Nancy Heim-Berg Team offers personalized consultation to help you identify the right property type, location, and investment strategy for your goals. Contact us today at (402) 677-9024 or visit our website at https://www.omahaarealiving.com to begin your journey toward successful real estate investment in Omaha's transforming neighborhoods.

 

 

 

Let me share something exciting happening in our city as Big Tech meets Omaha tradition Omaha's luxury home market is experiencing a remarkable transformation, especially in our Western Edge. As someone who watches this market closely, I see a fascinating blend of tech prosperity, business growth, and sophisticated living reshaping our city's high-end real estate landscape.

Welcome to Omaha’s NEW WEST, where innovation meets excellence, particularly in Elkhorn and surrounding areas. Elkhorn has become our city's nouveau luxury destination. Picture this: custom estates nestled in rolling hills offer privacy and proximity to Omaha's thriving tech corridor. The recent arrival of several fintech companies and the expansion of our existing tech sector have brought a fresh wave of executives and entrepreneurs seeking homes that match their lifestyle aspirations.

Our 'Silicon Prairie' has become more than a clever nickname as it influences our city and real estate market. With companies like Toast, LinkedIn, and several emerging tech startups expanding their presence, we're seeing a new generation of luxury home buyers. These tech professionals bring coastal expectations to our market, driving demand for smart homes with sophisticated automation systems and dedicated home offices that rival corporate headquarters.

Unlike cramped coastal cities, our western developments offer something unique: modern luxury meets Omaha’s open space. New luxury communities in areas like The Prairies, Indian Creek, and Pacific Springs are designing homes with both grandeur and practicality. Think four-car garages, home automation systems, and resort-style outdoor living spaces spanning multiple acres.

It's not just tech driving this growth; more big businesses are migrating to Omaha. Major corporations are discovering Omaha's business-friendly environment, bringing C-suite executives who appreciate our city's blend of sophistication and livability. These newcomers are often pleasantly surprised to find they can get significantly more home for their money compared to other major metros.

The newest luxury developments take notes from both coasts while maintaining our Midwestern sensibility. In West Omaha's latest communities, you'll find home innovations featuring:
Wine cellars would impress any sommelier, home theaters rivaling commercial cinemas, and wellness wings complete with indoor pools and spa facilities. New homes include Smart home systems that you can control anywhere in the world.

Elkhorn has transformed significantly, evolving from a quiet suburb into a luxury destination. New developments here understand their audience: successful professionals who want space to breathe without sacrificing sophistication. The area's latest communities offer amenities that match or exceed those found in major metropolitan areas.

The evolution goes beyond the homes. What makes these areas particularly attractive is the ecosystem developing around them. New upscale restaurants, boutique fitness centers, and high-end shopping are following the residential growth. The Western Edge is becoming an independent luxury destination that no longer relies on downtown Omaha for premium experiences.

From an investment perspective, predictions for appreciation potential in West Omaha's luxury market look promising. The continued influx of tech companies and corporate relocations suggests sustained demand for premium properties. We're seeing homes in established luxury areas appreciate at rates that outpace the general market.

As I look out on the horizon, the future looks exceptionally bright for our western luxury corridor. Planned developments are already accounting for future tech growth, with fiber optic infrastructure and community amenities that cater to a sophisticated, connected lifestyle. If you weren't aware, we have more new corporate campuses in their planning stages, which will continue increasing demand for luxury properties.

Your timing couldn't be better if you're considering an Omaha luxury home. Whether you're relocating for tech opportunities or looking to upgrade within our city, the Western Edge offers a compelling blend of space, sophistication, and community. New developments are creating opportunities that didn't exist a few years ago.

The transformation of West Omaha's luxury market reflects our city's growing prominence in the tech and business worlds. Omaha is a unique city where innovation meets traditional Midwestern values. In Omaha, you get luxury living with room to breathe and grow.

If you're ready to explore what West Omaha's luxury market offers, then let's connect and discover the perfect place for your next chapter in our evolving city. The future of luxury living in Omaha is happening now and is more exciting than ever.

We love the Omaha area for so many reasons. With its gorgeous location along the Mississippi River, and home to many fortune 500 companies, four bustling entertainment districts, over 200 parks, and world-class shopping and dining. But it’s the people and the neighborhoods that make the Omaha area a fantastic place to call home. With that said, we have the latest update to the Top Omaha Neighborhoods and Suburbs to call home for 2022…drum roll, please!

Top Omaha Neighborhoods:

Benson- Do you have an artsy, creative flair? Then you’ll fit right in with the Benson neighborhood. Affordable homes with lots to do in the area. Great local coffee shops, a foodie haven, and wonderful shops and schools. Search all Homes for Sale in Benson.

Old Market- Omaha’s most historic neighborhood, with beautiful cobblestone streets & entertaining nightlife. A relatively small neighborhood hosting Omaha’s famous Farmer’s Market, great shops and dining, art galleries, bars, and lots of socializing. A more expensive area, but home values are on the rise and this neighborhood has an 87% walkability rating! Search all Homes for Sale in Old Market.

Dundee- This charming neighborhood knows what community means and keeps up with its homes and neighbors. Often referred to as the golden child of the city, it is the safest neighborhood and the very home of Warren Buffet for over 60 years.  Great affordability for homes and walkable to most of your favorite places. Ahh, yes, please. Search all Homes for Sale in Dundee.

Leavenworth- A neighborhood full of lovely parks, moderately priced homes, great schools, and nightlife too!  Add to that the shops at Midland Crossing and you have the perfect neighborhood for any family. Again, if you’re looking for a great neighborhood with walkability to your favorite places, Leavenworth may be the place for you.  Search all Homes for Sale in Leavenworth.

Aksarben/Elmwood Park- Just south of Dundee, Aksarben Village is the hub of community activity and home to many upscale apartments and condos with lots of retail space, parks, and offices nearby. It is also nearby Baxter Arena, home to the many University of Nebraska at Omaha Sports Teams. Home prices here are in the $200,000.  Search all Homes for Sale in Aksarben/Elmwood Park.

 

Top Suburbs of Omaha to Live:

Papillion- Just south of Omaha is this tight-knit, charming community of Papillion. Boasting incredible shopping, namesake brewing, 650 acres of park space & bike trails, golf courses, recreation areas and excellent schools. This is a top-notch suburb for you and your family to call home. Search all Homes for Sale in Papillion.

Gretna- A small, beautiful community known for its parks and attractions, Gretna is an outdoor enthusiast’s dream. You’ll also love the great dining and shopping options and wonderful schools for your family to enjoy. Search all Homes for Sale in Gretna.

Chalco- This mid-sized city, along the Missouri River, is new to the list but offers a suburban charm with lots of outdoor amenities. Fishing, boating, nature trails, and home to the Chalco Hill Recreation Area. Highly rated schools that are fantastic for families and have very affordable housing options. Search all Homes for Sale in Chalco.

La Vista- Officially the youngest town in Nebraska, La Vista offers the advantages of a small town, with all the opportunities of a large city. Featuring well-kept homes on beautiful tree-lined streets, and home to many corporations boasts a wide range of home options. Amenities include 17 parks, a sports complex, swimming pool, community center, senior rec center, library, and excellent schools. Search all Homes for Sale in La Vista.

Bennington- The town of Bennington may be small, but once you’ve visited here beneath the miles of blue skies and shade of heritage trees among the quiet and beautiful surroundings, you’ll know why it’s one of our best-kept secrets! Today Bennington combines the serenity of a farming community with the culture of a more metropolitan area. You’ll enjoy great schools, access to everyday necessities, and a short drive to anything that Omaha has to offer. Search all Homes for Sale in Bennington.

What type of community and home are you searching for? Put our years of local experience and real estate knowledge to work for you. Give us a call or start your customized home search today right here.

 

Moving day is an exciting time for the entire family....but it is also stressful.  The same stress felt by the 'humans' in the house, are also felt by your pets.  In fact, pets can sense that something big is up, weeks prior to your move!  They pick up on your anxiety and the chaos of their living space.  

In order to make your move a smooth one for your furry friends, follow these terrific tips:

Before Moving Day

1. Visit your Vet for one last checkup, any vaccinations due and to gather all your pets health records.

2. If possible, visit your new home so your pets can get acclimated to their new environment.

3. Create new Name Tags that show your brand new address.

Moving Day

1. Pack an overnight bag specifically for your pet.  Include food, water, favorite toy, and medications, treats, doggie bags for clean-up and sleeping bed.

2. Pack a current photo of your pet in the bag in case they were to get loose of you during the move.

3. Pack your vet records in the bag as well.

4. Keep your pet in your vehicle when making the move.  This helps ease their already high anxiety.

5. Once you arrive at your new home, allow your pet some time to 'sniff' around before bringing in furniture and belongings.

For more Home Selling and Buying Tips, visit our website.  Need recommendations on Pet Services in your new area?  Give the Heim-Berg Team a call!

Are you considering putting your Omaha area home on the market?  If the answer is YES, hiring a professional Home Stager is an added boost!  

Home Staging increases your home's offered price by 17% (on average) and allows it to sell 87% faster than unstaged homes! 

Home Stagers are experts in the art of illusion.  That's right, just like David Copperfield!  They know how to highlight your homes best attributes and make the less attractive traits far less noticeable.

To learn more about Home Selling and Home Staging, contact the Heim-Berg Team!

In any kind of market, whether slow or hopping, it is vitally important to show your house at its best. Home staging won't necessarily get a seller a better price, but it just might generate a faster sale. Staging the property means creating a great first impression and helping the buyer to envision it as "home". Here is how you can make some big changes, with little or no investment, in order to make your house stand out from the rest:

Curb appeal is important!

1. Take a look at the outside of the house from a distance. Look carefully for unsightly issues - from weeds to spider webs. Make sure all dirt and debris are swept or washed away. Put bicycles, tools and toys in the garage and out of sight.
2. Manicure the lawn. Make sure all the edges are clipped cleanly. Trim all hedges.
3. Use plants to brighten the environment. Flats of bedding flowers are an inexpensive way to add color to a garden. Even in winter, evergreens in urns can create a welcoming appeal at the front door.
4. If painting the exterior is out of the question, a good power wash will make a dramatic change to the outside walls. Don't neglect doors and windows.
5. Buy a new welcome mat, and polish doorknobs and hardware.

Move to the inside

1. Eliminate personal items. Looking at someone else's family photos on the wall won’t help make the buyer feel welcome. Get a jump on packing by putting all your personal effects away.
2. Clear the kitchen. Getting rid of all the clutter will make the kitchen appear larger and brighter. Countertops should be clear and sparkling.
3. Clear the bathroom. Use a basket, and place all necessary personal items that normally reside in the open, under the sink. Make sure towels are clean and fresh.
4. Minimize furniture to make rooms feel less crowded. Move unnecessary items to storage to create an airy feeling in each room.
5. Patch and paint the walls. Nail holes from all the photos that used to reside there are not attractive, and a fresh coat of neutral paint will make the entire house look newer.
6. Clean everything until the house sparkles. Make sure there are no unpleasant odors. Air fresheners for air filters will waft pleasant smells throughout the house with no visible source.

Home staging is very much like dressing well for a job interview. Dressing well won't guarantee you land the job, but dressing poorly will definitely dampen your chances.