A modest house on the outskirts of Omaha with three bedrooms and four bathrooms appears to be a regular home for a family. Warren Buffett, arguably the most well-known entrepreneur in the area, is mentioned in the history of the property.
In 1956, the English-Tudor home served as the headquarters for Buffett Associates, the 91-year-old’s first independent investing firm. Priced at $799,000, the 3,400-square-foot Dundee house is listed.
According to Alice Schroeder’s biography “The Snowball: Warren Buffett and the Business of Life,” Buffett and his late wife Susan rented the house for $175 a month, which is $1,821 now.
The Monens bought the house for $397,000. The Monens told the Wall Street Journal, which originally reported the listing, that they didn’t know about Buffett’s link when they were looking to buy the house.
The yard had a for sale sign when I went to Target. Nancy told the Journal, “We were the first ones to show up, and bought it right then and there.” They only learned of Buffett’s residency from the seller.
Buffett and his children, Howard and Susan, paid an unannounced visit to the property in 2019, asking Nancy to show them the “little room” off the upstairs primary bedroom. Buffett built his $125.1 billion business empire in a single room.
The sunroom and the rest of the 103-year-old house they lived in six decades previously, according to Nancy, “enchanted” them, she told the Omaha World-Herald. Buffett and his relatives talked and posed for pictures. Before he left, he wrote “The birthplace of Buffett Associates May 1956” and his name, Warren E. Buffett, on the archway off the small room.
A Buffett spokesperson informed the Journal that Buffett Associates investors contributed little over $100,000.
The listing agent, Jessica Dembinski of Berkshire Hathaway HomeServices Ambassador Real Estate, said housing demand remains high. Estimating “6,000 houses short of where the demand is currently.”
I adore that the house was designed by Frederick A. Henninger, a well-known Omaha architect. Dembinski told The Post that it was built in 1918. “Every second-floor bedroom has its own en-suite bathroom, which is unusual for this area of town and the age of the home.”
Three fireplaces, multiple outdoor meeting areas, a screened-in porch, copper gutters, and ancient leaded windows are among the features of this property.