Eric's Blog

With the latest announcements from the national news it might feel like there's reason to doubt that your home is worth what it was when you bought it.  Here's the good news, it probably is worth more.  Because Oklahoma home values grew at a modest 2-3% per year over the last 5 years we actually grew at a very slow and steady rate which bucks the national trend of values that were exploding on the east and west coast.

Now, what does all of that mean to you?  Given the fact that our modest growth was one of gradual increase, the value of your home is probably worth more than you paid for it 5-10 years ago.  Does it mean that you'll see ridiculous returns?  Well it depends.  Have you kept up with the upkeep and changing styles of the last ten years or does your home still have the kitchen from the dreaded 70's?  If you haven't updated your home in the last ten years it might be time to look at starting to make improvements.  You can see some of my suggested tips for improvements on my "Improvements that pay" page.