c.1914 Three Bedroom Affordable Minnesota Home With Unpainted Woodwork Under $77K
OHU50K Notes $76,900
The interior of this affordable Minnesota home is clean and lovely with wonderful unpainted woodwork, hardwood floors, and spacious rooms. An enclosed front porch in cold weather states saves on energy, but this porch could have been better designed.
Realtor Comments
Spacious three-bedroom home located on a large corner lot. Hardwood floors throughout the home. The kitchen has been updated along with the bathroom. Large living room and dining room. There is a walk-up attic for some potential additional living space. The shingles on the house are a year old. This is a must see!
- 3 bed
- 1 bath
- Build date 1914
Pros of Living in Bricelyn, MN
1. Affordable Cost of Living
Bricelyn boasts a significantly lower cost of living compared to both Minnesota and the national average. Housing costs are notably affordable, with median home values around $37,100 and median rents at $575 per month. This affordability extends to other expenses, making it an attractive option for those seeking budget-friendly living.
2. Low Housing Costs
The median home value in Bricelyn is approximately $42,500, well below the national median of $204,900. Renting is also affordable, with the typical renter spending about $575 per month on housing. This makes homeownership accessible for many residents.
3. Strong Sense of Community
Residents often highlight the close-knit community in Bricelyn. Many describe the town as friendly, caring, and supportive, with a strong emphasis on family values and neighborly connections
Cons of Living in Bricelyn, MN
1. Limited Amenities and Entertainment Options
Bricelyn has limited amenities, and most services require a vehicle to access. The lack of diverse shopping and dining options can be a drawback for those accustomed to urban conveniences.
2. High Crime Rate
Bricelyn’s crime rates are 48% higher than the national average, with a 1 in 30 chance of becoming a victim of crime. This includes both violent and property crimes, which may be a concern for potential residents.
3. Limited Job Opportunities
The town faces challenges in employment, with a median household income of $36,964, which is 42% lower than the Minnesota average. This disparity may pose challenges for residents seeking job opportunities within the town.
4. Declining Population
Bricelyn has experienced a steady population decline over the past five years. A decrease in residents can impact local services and businesses, potentially leading to further economic challenges.
Summary
Bricelyn, MN, offers a peaceful, affordable lifestyle with a strong sense of community. However, potential residents should consider the limited amenities, high crime rate, and limited job market when evaluating the town as a place to live. It’s well-suited for those seeking a slower pace of life and a close-knit community atmosphere.
