{"id":8544,"date":"2018-04-11T20:20:33","date_gmt":"2018-04-11T20:20:33","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/what-to-consider-if-you-are-buying-an-historic-home\/"},"modified":"2018-04-11T20:20:33","modified_gmt":"2018-04-11T20:20:33","slug":"what-to-consider-if-you-are-buying-an-historic-home","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/what-to-consider-if-you-are-buying-an-historic-home\/","title":{"rendered":"What To Consider If You Are Buying An Historic Home"},"content":{"rendered":"

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You’ve fallen in love with an old Victorian house and want to bring her back to her glory days. With dreams of starting the next row of “painted ladies,” you close the deal.
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You may already have some ideas of things you want to do to your new home, but before you make any changes to the structure itself, do a little research and make sure you have the answers to these three questions:
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1<\/b>. Is your home designated as historic – part of a state or federal historical building or neighborhood registry? If so, you may have to adhere to a number of regulations and be subject to some historical preservation oversight in order to update the home.
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2<\/b>. How extensive do you want the updates to be? Do you plan to “take it back to the studs,” or simply do some cosmetic work like refinishing floors?
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3<\/b>. How authentic do you want the renovations to be? The more accurate the details, such as spindle bannisters and egg and dart moldings, the higher the cost in materials and labor.
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Your home and its state of repair may dictate which course of action you choose. For example if your home has serious structural damage or decay, then preservation may not be possible. However, you’ll still be able to reconstruct and renovate.
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Not sure if you should preserve, restore or renovate? Here are a few definitions that may help you form a plan:
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Preservation <\/b>means restoring and using the building for its original purpose, with as much of the original features and d\u00e9cor saved as possible.
\n \n<\/p>\n

Restoration <\/b>means tearing out improvements made over time that don’t reflect the original age and style of the home, and then repairing those areas to closely match the original size, shape, color, etc.
\n \n<\/p>\n

Reconstruction <\/b>means making major changes to the floor plan such as adding new rooms and dramatically altering and repurposing parts of the home.
\n \n<\/p>\n

Renovation <\/b>or remodeling freshens the look of the home using modern materials such as updating an older kitchen with custom cabinetry, farm sinks and granite countertops.
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<\/center><\/p>\n

Before you begin, find out if there are any local or state subsidies for historic preservation for homes in your area. You could get tax breaks and special home improvement loans<\/a> or other assistance. Contact your local tax assessor-collector for more information, or your local housing<\/a> authority.
\n \n<\/p>\n

The National Trust for Historic Preservation has some excellent resources for homeowners of older or historic homes. Also, check out historicproperties.com and thisoldhouse.com for more information.\n\t\t<\/p>\n<\/div>\n

Realtytimes <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You’ve fallen in love with an old Victorian house and want to bring her back to … What To Consider If You Are Buying An Historic Home<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":8545,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1403,2890,12908,543,627,127,617,344,604,258,1007,818,219],"class_list":["post-8544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-construction","tag-home","tag-home-buying-guide","tag-homeowners","tag-homes","tag-house","tag-housing","tag-loans","tag-new-home","tag-owners","tag-real","tag-realty"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/04\/historichome.jpg?fit=500%2C255&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1147,"url":"https:\/\/amazingproperty.com.ng\/blog\/historic-homes-what-to-know-before-you-buy\/","url_meta":{"origin":8544,"position":0},"title":"Historic Homes: What To Know Before You Buy","author":"Amazing Property","date":"February 22, 2017","format":false,"excerpt":"[ad_1] You've fallen in love with an old Victorian house and want to bring her back to her glory days. With dreams of starting the next row of \"painted ladies,\" you close the deal.\r \r You may already have some ideas of things you want to do to your new\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/1554ea13e47c67867c65560eb73feb81_S.jpg?fit=424%2C216&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1942,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-is-realigning-with-historic-trends\/","url_meta":{"origin":8544,"position":1},"title":"Housing Is Realigning With Historic Trends","author":"Amazing Property","date":"March 13, 2017","format":false,"excerpt":"Do your agents know how to answer the buy-versus-rent question from clients? Essentially, what people are asking is what\u2019s the best way to accumulate wealth, says Ken Johnson, a real estate economist, associate dean of graduate programs, and professor at Florida Atlantic University College of Business. \u201cHistorically, housing has won,\u201d\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1899,"url":"https:\/\/amazingproperty.com.ng\/blog\/california-mills-act-can-benefit-owners-of-historic-properties\/","url_meta":{"origin":8544,"position":2},"title":"California Mills Act Can Benefit Owners Of Historic Properties","author":"Amazing Property","date":"March 13, 2017","format":false,"excerpt":"Owners and prospective owners of historic California properties would do well to familiarize themselves with the Mills Act. (O.K., O.K. At the outset we acknowledge that some of our friends on the Right Coast, who live in neighborhoods that date back to the 1800's, might find it amusing that, in\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/ff14cd77abd441896774e46d00f5d65c_S.jpg?fit=424%2C216&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1969,"url":"https:\/\/amazingproperty.com.ng\/blog\/not-all-cash-buyers-have-high-incomes\/","url_meta":{"origin":8544,"position":3},"title":"Not All Cash Buyers Have High Incomes","author":"Amazing Property","date":"March 15, 2017","format":false,"excerpt":"Don\u2019t assume your clients need\u00a0a high income to avoid a mortgage. 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