Under $100K Sunday – Cute c.1950 Wisconsin Cottage For Sale on 10 Acres $94K
OHU50K Notes $94,000
Realtor Comments
This nostalgic, cozy cabin sits on 10 beautiful country acres with a nice large yard and mature apple trees. Enough room to roam, go bow hunting, or just get away from it all! The cabin has a spacious living room, large bedroom / bunkroom and a full bath. Additional amenities include a drilled well, septic and an older garage for storing your outdoor equipment. This property is just 5 minutes away from Florence, Keyes Peak Ski Hill, Keyes Lake, Lake Emily, and thousands of acres of public property plus direct access to ATV and snowmobile trails.
- 1 bed
- 1 bath
- Build date 1950
5599 N 1st Crossing Rd, Florence T Wi, WI 54121 $94,000
- Contact Realtor: Chase Erickson
- Google Map
- Niche
Pros of Living in Florence, WI
Natural Beauty & Outdoor Recreation
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Abundant outdoor activities: Florence is renowned for its proximity to Raystown Lake, offering opportunities for boating, fishing, and camping. The surrounding forests provide excellent hiking and snowmobiling trails.
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Scenic landscapes: Residents enjoy breathtaking views and a variety of outdoor recreational options throughout the year.
Affordable Cost of Living
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Low housing costs: The median home value is approximately $158,200, significantly lower than both the national and state averages.
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Overall affordability: The cost of living in Florence is about 20% lower than the Wisconsin average and 23% lower than the national average, making it an economical choice for many.
Peaceful, Small-Town Atmosphere
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Low traffic and noise: With a small population, Florence offers a quiet environment with minimal congestion.
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Strong sense of community: Residents often describe the town as friendly and welcoming, fostering a close-knit community.
Short Commute Times
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The average commute to work is approximately 11.79 minutes, well below the national average, contributing to a relaxed daily routine.
Cons of Living in Florence, WI
Limited Job Opportunities
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Restricted employment options: The town’s economy is primarily based on timber and local services, with fewer opportunities in diverse industries.
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Lower income levels: The median household income is around $50,481, which is lower than both the national and state averages.
Housing Market Challenges
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High vacancy rates: Approximately 51.6% of housing units are vacant, many of which are seasonal or vacation homes, indicating a less stable housing market.
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Limited rental options: With only about 10.2% of the population renting, finding rental properties can be challenging.
Harsh Winters
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Cold and snowy conditions: Winters in Florence can be severe, with heavy snowfall and low temperatures, requiring residents to be prepared for winter weather challenges.
Limited Healthcare Access
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Fewer medical facilities: Access to healthcare services may require travel to nearby cities, as local options are limited.
Limited Amenities & Services
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Lack of public transportation: The town lacks a public transit system, making a personal vehicle essential for commuting and accessing services.
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Fewer cultural and entertainment options: While the natural environment offers recreational opportunities, cultural and entertainment options are limited compared to larger urban areas.
Summary
Florence, WI, is ideal for individuals seeking a peaceful, rural lifestyle with a strong sense of community and access to outdoor activities. However, it may not be suitable for those requiring diverse employment opportunities, extensive amenities, or a more urban environment.
If you’re considering relocating to Florence or simply curious about small-town life in northern Wisconsin, feel free to ask for more detailed information or comparisons with other towns in the region.
