The noun GERBIL has 1 sense: 1. small Old World burrowing desert rodent with long soft pale fur and hind legs adapted for leaping. Familiarity information: GERBIL used as a noun is very rare.
The value of the house today is between $425,000 and $490,000. The house is currently rented for $2,500 per month to long-term tenants ($30,000 per year). They are on a month to month lease. Taxes of $5,925.04 were paid in March 2010.
When we redid our kitchen 2 1/2 years ago the cost of our kitchen was about 15 % of the value of our home. Today the price of homes has fallen significantly. We are not in a hurry to sell so it is o.k.,but something to think about. I say spend what you are going to be comfortable with now and in the coming years.