c.1940 Affordable Missouri Home $59,900
$59,900
Although this affordable Missouri home requires some TLC and is sold as-is, it offers the convenience of a detached one-car garage alongside a carport, delivering plenty of parking and storage space.
Realtor Comments
This 2 bedroom, 1 bathroom home in Buffalo, Missouri is a great investment opportunity with plenty of potential. Located with in walking distance of Dallas County R1 Schools, this property sits on a beautiful lot shaded by mature trees, offering both charm and convenience. With some renovations, this property could become a great rental, flip project, or affordable home for a new buyer. Don’t miss your chance to own a well located property.
- 2bed
- 1bath
- Circa 1940
306 S Locust St, Buffalo, MO 65622 $59,900
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: Mindy Jane Maddux
Pros of Living in Buffalo, MO
1. Affordable Cost of Living
Buffalo offers a significantly lower cost of living compared to the national average. Housing is particularly affordable, with median home prices around $116,800 and median monthly rents approximately $536. Overall, the cost of living is 8% lower than the Missouri average and 19% lower than the national average.
2. Low Crime Rates
The city boasts low crime rates, with property crime rates 46% lower than the Missouri average and violent crime rates 35% lower than the national average. This contributes to a sense of safety and security for its residents.
3. Strong Sense of Community
Residents often describe Buffalo as a tight-knit community where neighbors look out for each other. Many appreciate the friendly atmosphere and the active participation in local events and festivals.
4. Access to Natural Beauty
Located near the Ozarks, Buffalo offers residents access to hiking trails, scenic views, and outdoor activities, making it an ideal spot for nature enthusiasts.
5. Low Property Taxes
Buffalo benefits from low property tax rates, which can translate into lower annual property tax bills for homeowners, providing financial relief and making homeownership more attainable.
❌ Cons of Living in Buffalo, MO
1. Limited Job Opportunities
The local economy is primarily based on agriculture and small businesses, which may limit job opportunities in certain sectors. The median household income is approximately $24,459, which is lower than the Missouri average.
2. Limited Amenities and Entertainment
As a small town, Buffalo has fewer entertainment options, shopping centers, and dining establishments compared to larger cities. Residents often travel to nearby towns for a broader range of amenities.
3. Limited Public Transportation
Public transportation options are limited, making car ownership essential for most residents.
4. Limited Educational Opportunities
While the local high schools are well-rated, higher education institutions are not located within Buffalo itself. Residents seeking higher education opportunities may need to commute to nearby cities.
5. Limited Diversity
Buffalo has a relatively low level of racial and ethnic diversity, which may be a consideration for individuals seeking a more diverse community.
