Rent to Own Homes in Lebanon
There are also some recreational areas located a short drive from Lebanon, including the Bear Creek Conservation Area, Bennett Spring State Park and Ha Ha Tonka State Park. These areas give Lebanon residents many opportunities to stay active and healthy while allowing those on a tight budget to find entertainment that doesn't cost a lot of money. Other attractions in this area of Missouri include the Route 66 Museum, the Lebanon I-44 Speedway and the Heartland Antique Mall.The below results are primarily rent to own homes in Laclede County, MO:
There are also some recreational areas located a short drive from Lebanon, including the Bear Creek Conservation Area, Bennett Spring State Park and Ha Ha Tonka State Park. These areas give Lebanon residents many opportunities to stay active and healthy while allowing those on a tight budget to find entertainment that doesn't cost a lot of money. Other attractions in this area of Missouri include the Route 66 Museum, the Lebanon I-44 Speedway and the Heartland Antique Mall.The below results are primarily rent to own homes in Laclede County, MO:
Located within the Lebanon Micropolitan Statistical Area, this city was once a popular place for travelers on Route 66 to stop for the night. While the route is no longer pulling in visitors, the city continues to thrive with more than 14,000 residents reported by the United States Census Bureau in 2010. The city is home to fewer than 1,000 residents per square mile, and the average family size is fewer than three people.
Buying a Home in Lebanon?
It's common for buyers to pay $80 or less per square foot for homes in Lebanon. The median listing and sales prices typically stay below $150,000, and you can expect to find up to 200 properties for sale at any given time. The median size of homes in this city is often just below 2,000 square feet, but you can find some larger properties if you watch the market. There are often more condos and townhomes on the market than single-family homes, so you may want to make a fast offer if you find a house that fits your needs perfectly.
Popular Neighborhoods in Lebanon?
Caffeyville is one of the leading neighborhoods in Lebanon. It surrounds the center of the city like a donut, and you can expect to see some of the highest real estate prices in this area. The median sales price for homes is typically around $150,000, but you can find homes that sell for closer to $100,000 if you watch the market closely. You'll find some of the city's largest and newest homes in this area, and the community offers easy access to the highway.
For the most affordable homes, look along the western and northern edges of town. The cheapest neighborhoods are mostly west of Omega Drive and Normandy Drive or north of Independence Road. You can pick up homes for well under $100,00 in these neighborhoods. Buying vs. Rent to Own Homes
If you dream of purchasing a home in Lebanon or other areas of Missouri, rent-to-own properties may turn that dream into reality. These homes are up for sale like many others on the market, but they offer a unique contract that benefits potential buyers who need more time to prepare for the mortgage-application process. You begin renting the property right away with the understanding that you have until a specific date to purchase the home. Once you complete the purchase, you can officially call yourself a homeowner.