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
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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
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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
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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
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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
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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
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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
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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
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Public transportation options are limited, making car ownership essential for most residents.
4. Limited Educational Opportunities
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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
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Buffalo has a relatively low level of racial and ethnic diversity, which may be a consideration for individuals seeking a more diverse community.
