This is a lovely former Bed & Breakfast establishment called â??Farwell Armsâ??! Many updates have been completed in this beautiful home. This residential home has over 6,000 sq ft of finished space with 6 bedrooms, 6 bath areas and 4 garage spaces. The home resides on approximately 2 acres with a detached red barn, garden shed and separate outbuilding / detached garage (44x24), featuring two garage stalls, work-bench, loft (includes heat stove) and back porch with overhang. The lovely wrap around porch and grounds have hosted many entertainment ventures from weddings, reunions and family events. Note: Listing agent is related to seller. Due to a past storm, an active insurance claim is in process. Call listing agent for ongoing updates and ask agent for further information on HVAC contract. Kitchen remodel now completed, plus four new water heaters installed.
The median home value in Farwell, NE is $272,300. This is higher than the county median home value of $239,400. The national median home value is $338,100. The average price of homes sold in Farwell, NE is $272,300. Approximately 66.13% of Farwell homes are owned, compared to 8.07% rented, while 25.81% are vacant. Farwell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farwell real estate agent to arrange a tour today!
Farwell, Nebraska has a population of 96. Farwell is less family-centric than the surrounding county with 22.22% of the households containing married families with children. The county average for households married with children is 31.64%.
The median household income in Farwell, Nebraska is $55,000. The median household income for the surrounding county is $64,167 compared to the national median of $69,021. The median age of people living in Farwell is 54.3 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 12.6 degrees. The average rainfall is approximately 26 inches per year, with 25.9 inches of snow per year.