c.1925 Four Bedroom Kansas Home With Original Details Under $154K
OHU50K Notes $153,900
Realtor Comments
Here is an opportunity to own two properties on one lot. The large house on Lincoln features over 2, 000 square feet with 4 bedrooms and 1 1/2 bathrooms. Take a look at its original stained woodwork and hardwood floors as well as the large covered front porch. Directly behind at 606 S. Santa Fe is a smaller property with 2 bedrooms and 1 bath that is currently rented. This property would be a perfect for extra income or a second home to have family nearby. Call or text us today to schedule your showing.
- 4 bed
- 1.5 bath
- Build date 1925
Pros
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.
Living Costs Lower in Many Categories
Groceries, goods & services, transportation are generally cheaper.
Utilities are near average; some categories slightly below.
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.
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.
Age Diversity
Mix of younger and older residents. Not dominated by retirees or by students only.
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.
Cons
Lower Incomes / Poverty Relative to National Averages
Median household income is significantly below the U.S. average.
Poverty rate is fairly high (~17‑19%).
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.
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.
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.
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.
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.
