Menu
Things to Know Before Buying in Historic Neighborhoods
Things to Know Before Buying in Historic Neighborhoods
Historic neighborhoods reflect Colorado’s charm and rich history. For some homebuyers, the idea of owning a piece of history is very attractive. Buying a property from a particular era or architectural style brings great pride and joy. But before you purchase a vintage home, make sure you understand the commitment to preserving its history.
Buying a home in an historic district is not just an investment in a house, but history as well. Historic neighborhoods attract a specific kind of homeowner. If you’re not willing to upload the historic significance of the home, consider looking in a different neighborhood. Sellers often want to find a new owner who will commit to preserving the home’s history. If you are drawn to a neighborhood because of its historic charm, then expect to put your money into maintenance rather than flashy additions.
An experienced real estate agent can help you understand the considerations of owning and preserving an historic home. Before buying one, you need to check the neighborhood’s codes pertaining to historic homes. Will you need city approval to renovate or update a home (windows, doors, roof, etc.)?
Tips for Buying a Historic Home
Before purchasing an historic home, consider the unique responsibilities that buying and owning a historic home brings.
. Historic neighborhoods tend to sell faster, have lower turnover, and hold their home value.
. Charm can be expensive. Repairs on a vintage home can be more costly and take longer if compliance processes are involved.
. Know the local planning and zoning guidelines, including any restrictions on home design. Controls can range from a cursory evaluation by zoning administrations to a lengthy review by a commission regarding the historic sensitivity and architectural compatibility. Permits for changes that seem minor may be required, especially for any exterior changes. Replacements may be expensive if you’re required to use similar materials.
. Check your local crime statistics. Some historic neighborhoods have high crime rates, while others are some of the safest areas of a city or county.
. Get used to more traffic. Historic neighborhoods often attract more onlookers, from history buffs to walking tours.
. Work with a knowledgeable and experienced Vintage Homes/Historic Homes specialist to help you be confident with your decision.
Denver’s many historic districts include Victorian, Mid-Century Modern, Bungalow-style, Tudor, Denver Square and more.
Historic neighborhoods reflect Colorado’s charm and rich history. For some homebuyers, the idea of owning a piece of history is very attractive. Buying a property from a particular era or architectural style brings great pride and joy. But before you purchase a vintage home, make sure you understand the commitment to preserving its history.
Buying a home in an historic district is not just an investment in a house, but history as well. Historic neighborhoods attract a specific kind of homeowner. If you’re not willing to upload the historic significance of the home, consider looking in a different neighborhood. Sellers often want to find a new owner who will commit to preserving the home’s history. If you are drawn to a neighborhood because of its historic charm, then expect to put your money into maintenance rather than flashy additions.
An experienced real estate agent can help you understand the considerations of owning and preserving an historic home. Before buying one, you need to check the neighborhood’s codes pertaining to historic homes. Will you need city approval to renovate or update a home (windows, doors, roof, etc.)?
Tips for Buying a Historic Home
Before purchasing an historic home, consider the unique responsibilities that buying and owning a historic home brings.
. Historic neighborhoods tend to sell faster, have lower turnover, and hold their home value.
. Charm can be expensive. Repairs on a vintage home can be more costly and take longer if compliance processes are involved.
. Know the local planning and zoning guidelines, including any restrictions on home design. Controls can range from a cursory evaluation by zoning administrations to a lengthy review by a commission regarding the historic sensitivity and architectural compatibility. Permits for changes that seem minor may be required, especially for any exterior changes. Replacements may be expensive if you’re required to use similar materials.
. Check your local crime statistics. Some historic neighborhoods have high crime rates, while others are some of the safest areas of a city or county.
. Get used to more traffic. Historic neighborhoods often attract more onlookers, from history buffs to walking tours.
. Work with a knowledgeable and experienced Vintage Homes/Historic Homes specialist to help you be confident with your decision.
Denver’s many historic districts include Victorian, Mid-Century Modern, Bungalow-style, Tudor, Denver Square and more.
