c.1898 Four Bedroom Affordable Minnesota Home Under $50K
OHU50K Notes $49,900
c.1898 Four Bedroom Affordable Minnesota Home. Located on a quaint tree lined street.
Realtor Comments
This spacious 4-bedroom, 2-bath home is priced to sell with many updates throughout. The kitchen has been updated and includes granite counters. The main-level bedroom, bath, and laundry make everyday living easy. Recent updates include a new furnace, many new windows, along with updated flooring, doors, and plumbing-taking care of the big items for you. Outside, you’ll find a garage and shop with fixer-upper potential, perfect for anyone looking for extra storage or a project space. This is a move in ready home with an attractive price, what a wonderful opportunity you won’t want to miss. Schedule your showing today!
- 4 bed
- 2 bath
- Build date 1898
Pros of Living in Wheaton, MN
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Low Cost of Housing & Living Expenses
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Homes are quite affordable: median property values are much lower than state or national averages.
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Rent is also relatively low.
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Overall cost of living is significantly below the U.S. average.
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High Homeownership Rate
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Many residents own their homes; homeownership is well above the national average
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Short Commutes
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Commuting times are very short—on average about 12‑15 minutes to work.
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Because the city is small, many things are relatively close, making daily travel easier.
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Safety / Low Crime Rates
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Crime in Wheaton is lower than many U.S. cities, both for property and violent crimes.
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Particularly, violent crime is very low compared to national averages.
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Tight‑Knit Community / Small‑Town Feel
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With a small population (~1,300‑1,400), people report more personal connections, community cohesion.
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Less traffic, less congestion, more peace and quiet compared to larger cities.
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Stability & Simplicity
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For people who prefer a simpler lifestyle, less hustle‑and‑bustle, smaller scale infrastructure, Wheaton offers that.
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The cost of maintaining a household is lower, property taxes tend to be more manageable (though that can depend).
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Cons / Challenges of Living in Wheaton, MN
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Population Decline / Limited Growth
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The population has been slowly declining in recent years. Slight negative growth over past few years.
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Fewer people moving in may mean less new investment, fewer new businesses, limited economic dynamism.
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Fewer Job Opportunities Locally
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Because it’s a small city, options for certain jobs (specialized skills, high‑paying, etc.) may be limited. Some residents may need to commute or work remotely. Industries may be more agriculture, small business‑oriented rather than large corporate centers.
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Aging Population
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Median age is relatively high (mid‑40s), with a large portion of residents being older. Fewer younger families or children compared to more rapidly growing places. That can affect school enrollments, services oriented to younger people, etc.
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Limited Amenities / Cultural / Entertainment Options
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Because of its size, Wheaton lacks some of the variety you’d find in larger towns or metro areas (restaurants, shopping, nightlife, etc.). Residents often report needing to travel for certain specialized services.
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Public transportation is almost non‑existent; most people drive.
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Harsh Winters / Climate Challenges
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As with much of Minnesota, winters can be long, cold, and severe. Snow, ice, cold temperatures are a factor. This is “normal” for the region but can be a downside if you’re not used to it. (This is more an implicit regional issue; residents often mention it.)
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Income & Poverty Levels Below Some Averages
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Median household income is modest. While cost of living is low, incomes are not very high.
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A non‑trivial share of residents live below the poverty line.
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Limited Diversity
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The town is predominantly White, with smaller percentages of other races/ethnicities. For some people that’s fine; for others who prefer more diversity, this could be a drawback.
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