c.1925 Four Bedroom Kansas Home With Original Details Under $154K

c.1925 Four Bedroom Kansas Home With Original Details. Stately home with plenty of original charm and detail. The property its a Two-for-one deal. Two-for-one houses! There is a small home behind.

605 S Lincoln Ave, Chanute, KS 66720    $153,900

• Contact Realtor: Jennifer Seibel
• Google Map
• Niche

 

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Pros

1. Very Affordable Housing & Low Cost of Living

   • Homes are much cheaper than the national average; Chanute is one of the cheapest cities in Kansas.

   • Rent is also low. For many people this means more disposable income or ability to afford a decent place without huge debt.

2. Living Costs Lower in Many Categories

   • Groceries, goods & services, transportation are generally cheaper.

   • Utilities are near average; some categories slightly below.

3. Small‑City / Community Feel

   • Because it’s small, people often report more friendliness, less congestion, and a slower pace of life.

   • Things are more within reach (shops, community centers), fewer hassles of big city traffic etc.

4. Relatively Good Reading & Language Arts Scores (according to some sources)

   • One of the “pros” flagged is that high schools in Chanute do relatively well in reading/language arts proficiency.

5. Age Diversity

   • Mix of younger and older residents. Not dominated by retirees or by students only.

6. Potential Upside in Housing Market

   • Home listings have been rising in price year‑over‑year, so there is some upward movement, possibly reflecting demand or investment in the area.

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Cons

1. Lower Incomes / Poverty Relative to National Averages

   • Median household income is significantly below the U.S. average.

   • Poverty rate is fairly high (~17‑19%).

2. Crime Rates Above National Averages

   • Property crime & violent crime rates are notably higher compared to national averages.

   • Safety is a concern in some neighborhoods per resident feedback.

3. Limited Amenities / Cultural Offerings

   • Some residents say there isn’t a lot to do, especially for entertainment, nightlife, or cultural diversity.

   • Many amenities are not readily walkable; car dependence is high.

4. Education Challenges

   • While reading/language arts seem okay in some schools, other metrics (math scores, school resources, overall educational attainment) lag behind.

   • Only a relatively small percentage of adults have a bachelor’s degree.

5. Weather / Natural Risk

   • Tornado risk is noted as relatively high in the area.

   • Severe storms happen. If you dislike stormy weather or want minimal risk, this is a factor.

6. Slow Growth / Population Decline

   • Slight decline in population over recent years. Growth is flat to negative in many small towns in this region.

   • Economic opportunities tend to be limited; specialized jobs are fewer.

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