c.1929 Kentucky Farmhouse For Sale on 1.24 Acres $185K
$185,000
This beautifully kept Kentucky farmhouse sits on 1.24 acres of vibrant green lawn dotted with mature trees, offering a serene setting just minutes from I-75, local dining, and everyday conveniences.
Realtor Comments
Charming traditional style farmhouse set in a serene, rural landscape. The historical charm meets modern and makes this home such a unique find! A one car detached garage, covered back and front porches. Primary bedroom is located on the 1st floor along with a full bath. 2 additional bedrooms upstairs with a bonus area. Put your own personal touch on this the home of your dreams!
- 3bed
- 1bath
- Circa 1929
283 Walnut Meadow Rd, Richmond, KY 40475 $185,000
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.
Pros of Living in Richmond, KY
1. Affordable Cost of Living
Richmond boasts a cost of living approximately 8% below the national average. Housing is notably affordable, with median home prices around $148,900 and median rent at $713 per month, making it attractive for both renters and homeowners.
2. Low Crime Rates
The city has a relatively low violent crime rate, with 180 crimes per 100,000 residents, significantly below the national average.
3. Access to Education
Eastern Kentucky University (EKU) is located in Richmond, providing educational opportunities and contributing to the local economy.
4. Community and Family-Friendly Atmosphere
Residents often describe Richmond as a welcoming, small college town with a strong sense of community. It’s considered a good place for families, with clean streets and friendly neighbors.
⚠️ Cons of Living in Richmond, KY
1. High Poverty Rate
Approximately 21.9% of Richmond’s residents live below the poverty line, higher than the national average of about 10-13%.
2. Limited Job Opportunities
The unemployment rate in Richmond is around 8.7%, which is higher than the national average. Additionally, nearly 59.1% of households earn less than $50,000 annually, indicating limited economic opportunities.
3. Limited Amenities and Entertainment
Residents note that Richmond lacks diverse amenities and entertainment options. While there are some parks and dining options, the city doesn’t offer the variety found in larger urban centers.
4. Weather Challenges
Summers can be hot and humid, with temperatures often reaching the 90s°F. Additionally, the area is susceptible to tornadoes, especially in spring and fall, posing occasional risks to residents.
