Omaha Home Builder Sudbeck Homes to Auction Properties

May 9, 2008 · Filed Under Sudbeck Homes · Comment 

If you look at the Omaha housing market, you’ll see that there are currently about 7,800 houses for sale in the Omaha area and almost 20,000 lots for sale on which to build. Competition between Omaha home builders is tight and some home builders are looking for new ways to generate interest in their properties.

As many Omaha home builders tighten their belt and look for ways to either reduce costs or increase sales, Omaha home builder Melvin Sudbeck is taking the step of putting several of his properties up for auction.

Sudbeck homes is auctioning nine model homes and two lots.

According to P.J. Morgan Real Estate agent Tom Zoucha, who will help sell the Sudbeck properties:

Folks come to us because, generally, we can get pretty good results with auction method. It’s a great way to target your property for the entire market. Then, of course, you’re setting when and where it sells, how it sells, and you get money back to work faster.

While some homeowners worry about foreclosures and auctions bringing a lot of new homes onto the market and reducing comparable prices for their area, the sale could also be a good thing for homeowners by reducing market supply and giving sellers an accurate picture of the market. While auction prices often start out low to generate interest, the houses that have been auctioned off in other parts of the United States have usually sold for fairly close to what the home builder was asking for them.

As long as the auction is a true auction, without reserve prices, potential home buyers in the Omaha area could see some good deals on a new home through this auction.

The Sudbeck Homes property auction will start on the 13th of May at 7 at night at the Comfort Inn Conference Center at 7007 Grover Street. Buyers are responsible for financing and, if a bid is won, the buyer is required to make a non-refundable 5% deposit.

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Sudbeck Homes

May 9, 2008 · Filed Under Sudbeck Homes · Comment 

From the “Why Choose Us” section on the Sudbeck Homes website:

Sudbeck Homes is a well respected home building team dedicated to providing a high quality home at a competitive price. We pride ourselves in exceeding the expectations of our homebuyers.

Sudbeck Homes specializes in custom-built homes offering a wide variety of proven base plans as well as utilizing an in-house design team accustomed to tailoring to the individual needs of its customers.

Our skilled team of craftsmen are dedicated to transforming your lifestyle and budget into a house you’ll be proud to call home.

Sudbeck Homes builds custom homes starting in the $140’s and offers a broad inventory of completed homes throughout the Omaha metropolitan area. In addition to serving the Omaha metro area market, we build in many other local communities such as Blair, Elkhorn, Gretna, Plattsmouth, Springfield, Bennington, and Wahoo. We also proudly construct homes in the outlying countryside including acreage settings.

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