Is Buying a Historic Home Right for You? —————————————————————— Real Estate News from Around the Internet for Discussion…
Is Buying a Historic Home Right for You?
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Real estate news from around the internet for discussion – English version
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Some home buyers want new, modern and move-in ready. Others
prefer older homes, with character and charm they can’t find in
new construction. If you’re interested in historic homes, take
these factors into consideration as you shop.
Historic neighborhoods often impose restrictions
Many towns throughout the U.S. have zoning and planning
commissions that, among other things, set out to preserve and
protect historic homes and neighborhoods.
As a result, renovating and altering a historic home –
particularly the building’s facade – will require a separate
layer of approval and sometimes bureaucracy. If you buy a
100-year-old home, you may not be able to renovate it the way you
want, and that is a serious consideration.
Some landmark or historic districts retain an immense amount of
control. As a result, renovations and planning can take longer and
cost more. If you’re purchasing a historic home with intentions
to renovate, you should consult both an architect and town
officials.
Recreating architecture from the past can be challenging – and
expensive
Let’s consider the example of Victorian-era
homes . Contractors and home builders constructed Victorian
homes through the mid to late 19th century, often with materials
that are no longer in use today.
If you buy a home in less-than-perfect condition, finding the
wainscoting, picture rails, crown moldings, and richly decorative
and ornate features common in Victorian architecture can be tricky.
Architectural salvage companies can track down these materials,
but there’s often a steep cost attached.
Repair and maintenance needs could be extensive
Most buyers want move-in ready homes because they don’t have the
time, money or energy to embark on a renovation project. These
buyers also don’t want to be burdened with systems going out or
having to live with older or outdated technology. For them, it’s a
quality of life issue.
If you want a historic home, you need to have a maintenance
strategy in mind. Unless you plan to do major renovations or
updates (subject to any landmark or historic area regulations), you
have to be ready to address issues that arise. Broken systems,
leaks or flaws mean time and money.
For history buffs, no amount of time commitment or money will
stand between them and a one-of-a-kind home. That person
appreciates the architecture and knows that intensive maintenance
is par for the course. If you don’t share that appreciation, a
historic home is not right for you.
Related :
This
Historic Connecticut Home Once Hosted a Dancing George
Washington
Living Legacy: Making a Family Home in a Historic Mansion
1800s
Estate Proves History Is Anything But Drab
Note: The views and opinions expressed in this article are those
of the author and do not necessarily reflect the opinion or
position of Zillow.
Originally published February 2015.
Is Buying a Historic Home Right for You?
Hold on there, architecture aficionado! Consider these factors before making history your home.
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