c.1906 Affordable Iowa Home With Lovely Woodwork Under $58K
OHU50K Notes $57,500
Realtor Comments
First time home buyers and renters, lets take a look at this charming, well built – timeless 2 bdrm, 1 bath home with original woodwork. Amenities include a spacious kitchen, updated flooring, fresh interior paint, 2 car attached garage, storage building for outdoor toys galore, this property includes 2 large lots located on the southwest edge of Gilmore City.
- 2 bed
- 1 bath
- Build date 1906
305 SW B Ave, Gilmore City, IA 50541 $57,500
- Contact Realtor: Deb Almond
- Google Map
- Niche
Pros of Living in Gilmore City, IA
1. Affordable Cost of Living
Gilmore City boasts a significantly lower cost of living compared to national averages. Housing is particularly affordable, with median home values around $77,500 and median rents approximately $643 per month. Overall, the cost of living is about 24.6% lower than the U.S. average
2. Strong Sense of Community
Residents often describe Gilmore City as a friendly and welcoming town. The community is known for its neighborly spirit, with many locals owning their homes and taking pride in maintaining their properties .
3. Low Crime Rates
The crime rate in Gilmore City is lower than the national average, contributing to a sense of safety and security for its residents .
4. Access to Outdoor Activities
Gilmore City offers opportunities for outdoor enthusiasts, with nearby parks and recreational areas suitable for hiking, fishing, and other activities
Cons of Living in Gilmore City, IA
1. Limited Amenities and Services
As a small rural town, Gilmore City has limited amenities and services. Residents may need to travel to larger towns or cities for specialized healthcare, shopping, and entertainment options
2. Limited Employment Opportunities
The town’s economy is primarily based on agriculture, and job opportunities can be limited. Many residents may need to commute to nearby towns or cities for employment .
3. Limited Educational Facilities
Gilmore City has an elementary school serving grades Pre-K through 6. Students in higher grades attend schools in neighboring districts, which may require transportation .
4. Declining Population
The population of Gilmore City has seen a steady decline in the past five years. A decrease in residents can lead to reduced demand for services and amenities, potentially impacting the local economy .
Conclusion
Gilmore City offers an affordable and peaceful lifestyle with a strong sense of community and access to outdoor activities. However, prospective residents should consider the limited amenities, employment opportunities, and educational facilities when evaluating if it aligns with their personal and professional needs.
