Warren Buffett paid $31,500 for his Omaha home in 1958.
The five-bedroom house in Omaha's Dundee neighborhood became one of the most recognizable symbols of Buffett's deliberately modest lifestyle. He and his first wife, Susan Thompson Buffett, bought the home when he was a young investor, years before Berkshire Hathaway became the global conglomerate associated with his name.
Buffett has continued living there for decades, despite becoming one of the world's wealthiest people. The property is often mentioned alongside his preference for simple routines, his long association with Omaha, and his criticism of extravagant spending. The house is substantial by ordinary standards, but it is not a billionaire's mansion or gated estate.
The purchase is also a frequent source of comparison with investments. Buffett has said the home was a good purchase, while acknowledging that investing the money in stocks might have produced a greater financial return. Modern estimates of its value vary with the housing market, but those figures should not be confused with the original 1958 price.