c.1900 Minnesota Fixer Upper Under $45K
$44,900
This Minnesota fixer upper is the most affordable property in town! The three-bedroom, one-bath home sits on a third of an acre lot and features hardwood floors, clawfoot tub, formal dining room and city water and sewer.
Realtor Comments
The most Affordable Property in Winthrop Excellent investment opportunity! This home offers great potential for investors or renovators.
- 3bed
- 1bath
- Circa 1900
414 W 4th St, Winthrop, MN 55396 $44,900
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Contact Realtor: Aksana Sokurec
Pros
1. Affordable Cost of Living
Winthrop boasts a cost of living approximately 12% lower than the Minnesota average, making it an economical choice for residents. Housing is particularly affordable, with a median property value of $157,400 in 2023.
2. Low Crime Rates
Safety is a highlight in Winthrop, with crime rates 88% lower than the Minnesota average. This low crime rate encompasses both property and violent offenses, contributing to a secure living environment.
3. High Homeownership Rate
The city has a homeownership rate of 78.6%, indicating a stable and invested community.
4. Community Atmosphere
With a population of approximately 1,332, Winthrop offers a close-knit community where residents often know each other, fostering a friendly and supportive environment.
❌ Cons
1. Limited Amenities
Residents may find that amenities such as shopping centers, restaurants, and entertainment options are limited, often requiring travel to nearby towns for a broader selection.
2. Longer Commute Times
The average commute time for Winthrop residents is 28.5 minutes, which is slightly longer than the national average.Additionally, 0% of residents use public transportation, indicating limited transit options.
3. Healthcare Access
The availability of certain health-related facilities such as hospitals, doctors, and pharmacies is limited, which may affect residents’ access to healthcare services.
4. Harsh Winters
As part of Minnesota, Winthrop experiences cold winters with heavy snowfall, which can be challenging for those unaccustomed to such climates.
