Central Oregon Real Estate

Are you thinking about selling your Central Oregon real estate or remodeling the house?

Depending on what type of improvements you want to make, when you go and sell your house there is only so much that you will get as a return on your investment (ROI). The price for the materials to do the project has gone up, the return on those projects have gone down In the last five years (2003-2007). The return on a core project in 2003 would be 82.5% (nationwide), but as of 2007 the estimate ROI is only 70%. A steady roll downward for the last 5 years except in 2005 where it spiked to 86.7%.

These statistics are based on nationwide reports and surveys. One project done in two different climates will yield different returns. Most commonly affected is pools. The pool will have a better return in States like Florida and California than it would in the northeast (New England) area.

A site that I found lists the projects as well as their return on investment. The site is Remodeling magazine.com. According to them the best ROI project is a (wood) deck addition with a return of 85.4%. Following behind that is siding replacement (83.2), minor kitchen remodeling (83%) and to finish out the top five would be window replacement (wood 81.3%) and (vinyl 79.3%).

The site also added some upscale projects estimates, as a deck built with new composite materials which have a long life than the wood decks.

If you’re someone who is looking for a good deal on a house (I know there’s a few), This list can help you in more ways than one. The list can give you a starting point in your negotiations. If you’re like me, you’ll know how to shop for better pricing than the list. Play your cards right and you can save a bundle.

Tags: Central Oregon Real Estate, Oregon Economy, oregon real estate

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Tags: Oregon Economy by billy
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Do you want to relocate to Oregon or maybe you want to invest in real estate. Central Oregon might be just what you’re looking for. The area has a lot to offer with beautiful landscape, work opportunities & thousands of acres of National parks.

There are several cities/towns to choose from. The biggest city in the area is Bend, beyond that the rest are smaller. Towns like Redmond, La Pine, Prineville, Sisters Madras, Sunriver. Bend, Oregon has approx. 77,000 residents & with a city that covers 32.0 sq mi. (83.5 km), it leaves room to grow. The city has grown 50% since 2000. It will continue to grow at an above average pace for the next few years. The pre-existing homes for sale listing has increased year over year. New construction homes have grown too, which may explain why more pre-existing homes are listed.

As for employment in the area, there are many fields that are looking for new blood. The city approved the zoning for the Old Mill District few years ago and it has changed the face of the area while saving the historical past. The availability of jobs helps to support the growth of the real estate in the city. Other career opportunities in Law, Forestry, Sales and Chemist.

Thinking of Investing? The area is perfect for the investor who knows that real estate is important to his/her portfolio. Rental properties that are ran properly show positive cash flow. A 2/2 single-family home can be purchased around $150,000 – $200,000. Rents in Bend go for $800 – $1200. per month. Vacation rentals are on the rise since hotels and eating out are also rising. During the Winter, the skiing in Oregon is fantastic, while in the summer rafting and canoeing is great on the Deschutes River. Rates with vacation homes cost the same if not cheaper than Hotels/Resorts in the same area. Commercial property may be a good choice too with new businesses coming into the area. The vacancy rate in commercial real estate is quite low, if not close to non-existing. New shops & strip malls are being built on a regular basis. Feel like developing your own project? Vacant lots are available to do just that.

Central Oregon real estate is something that should be looked into no matter what your real estate interests may be.

Tags: Central Oregon, Central Oregon Real Estate, moving to oregon, relocate to oregon

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Tags: Central Oregon, Relocate To Orgeon by joanne
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If you’re thinking about purchasing Central Oregon real estate, you’ll be happy to know it’s one of the state’s fastest growing regions and is considered by many to be a recreational paradise.

Whether you’re a first time home buyer or an investor, you will find everything you’re looking for. From family friendly neighborhoods, to custom homes with breathtaking mountain or river views, resort properties, acreage, cozy ranches, or a relaxing vacation condo, the selections in Central Oregon area are vast enough to fill the demands of all.

photo credit: Shamanic Shift

Central Oregon is comprised of many different areas all with their own terrain and uniqueness. High desert terrain offers something for everyone from whitewater rafting to peaceful mountain retreats. Hike or fish along sparkling rivers, walking through forests and quiet meadows.

The cities that make up this are are:
Bend
Sunriver
Sisters
La Pine
Redmond
Prineville
Crooked River Ranch
Eastern Oregon
Steens Mtn

Rand McNally Easy to Read Oregon Map

Together or alone, these areas boast some of the most beautiful and sought after scenic areas in the entire state of Oregon. You’ll find neighborhoods and homes that fit with the diverse lifestyles of those who are relocating to the area.

With nearly 300 days of sunshine per year, The Central Oregon climate is a dry high desert atmosphere with little precipitation. Most of the precipitation arrives during the winter months and falls as snow rather than rain like the western half of Oregon. Because of the dramatic climb in elevation, Central Oregon’s weather will vary depending on the town you may be in. Sunriver will have snow pack nearly all winter long, whereas Redmond stays mostly dry. Bend lies somewhere in between with a snow fall usually resulting in melting by mid-afternoon. Average temperatures during the summer reach over 80 degrees while winter can get chilly with an average maximum temperature of 41 degrees. Oregon covers 98,386 square miles and has a population of 3,421,399 people. Oregon’s capital is Salem, which has a population of 136,924.

Oregon Off the Beaten Path



Here’s a map of Central Oregon that you can print out. It’s from the Central Oregon site and you can also request a visitors guide from them.

Tags: Central Oregon, central oregon cities, Central Oregon Real Estate

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