c.1920 Missouri Fixer Upper Craftsman Bungalow on 1.28 Acres Under $65K
OHU50K Notes $64,900
Realtor Comments
Charming Story-and-a-Half Home on Spacious Corner Lot – Investor’s Dream! Bring your vision to life with this story-and-a-half home full of potential! Featuring 3 bedrooms and 2 bathrooms, this property is ready for a complete rehab, offering the perfect opportunity for investors or buyers looking to customize their dream home from the ground up. Step up to the inviting full covered front porch-ideal for relaxing mornings or evening gatherings. Inside, you’ll find classic hardwood floors and a cozy wood-burning fireplace that hint at the home’s original charm, just waiting to be restored. Additional features include a full basement for extra storage, oversized detached 2 car garage and a large, shaded corner lot. The property backs up to peaceful farm ground, offering serene views and a quiet, country-like feel while still being conveniently located. If you’re looking for a project with strong upside potential in a beautiful setting, this is the one. Don’t miss the chance to transform this hidden gem into something truly special!
- bed
- bath
- Build date 1920
- Contact Realtor: Kelley Angell
- Google Map
- Niche
Pros of Wellsville, MO
1. Very low cost of living
- Cost of living is below both Missouri and U.S. averages
- Median home values around $58K–$68K
You can own a home here for extremely cheap compared to most of the country
2. Small-town, quiet lifestyle
- Population only about 1,100–1,200 people
- “Sparse suburban” feel with lots of space
Good if you want peace, low traffic, and a slower pace of life
3. Lower crime than many areas
- Crime rates are lower than Missouri average
- Some reports show crime well below national levels and declining
For a small town, safety is generally a positive
4. Tight-knit community
- Small population → people tend to know each other
- Often easier to build connections and feel part of the community
5. Decent income relative to size
- Median household income around $43K–$61K depending on source
Not high, but reasonable for a town this small and low-cost
Cons of Wellsville, MO
1. Very limited amenities (biggest drawback)
- Low scores for:
- Restaurants
- Entertainment
- Shopping
You’ll need to drive to larger towns for most things
2. Small population = limited opportunities
- Only ~1,100 residents
- Fewer:
- Jobs
- Social opportunities
- Services
Can feel isolated or boring, especially for younger people
3. Weak job market
- Income below national average
- Limited local industries
Many people commute or rely on fewer job options
4. Poverty still present
- Around 17–18% poverty rate
Indicates some economic challenges despite low costs
5. Limited schools & healthcare access
- Lower ratings in:
- Education
- Health services
Important if you have kids or medical needs
6. Lack of diversity
- Population is over 90% white
Less cultural variety than larger cities
Bottom line
Wellsville is good if you want:
- Extremely cheap housing
- Quiet, rural/small-town life
- Lower crime and a close-knit community
Wellsville is NOT ideal if you want:
- Job opportunities or career growth
- Things to do (restaurants, nightlife, entertainment)
- Access to major services or diversity
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