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Purchasing a historic home is an exciting opportunity to preserve history, restore charm and character to an older home, extend a legacy and experience history all in one.  If you are anything like me you have a deep-rooted love for historic homes.  I am in awe of the artchitecture and the craftsmanship of these romantic, antiquated homes and the vibes that run through the veins of the homes when I place my hand on a railing or bannister are overwhelming.  For me, it is an experience that I seek out as often as possible. 

While the dreamy visions of restoring an old treasure may intrigue you - you must first evaluate the consequences (and the benefits) of underatking such a, at times, Herculean effort.

First and foremost we must define what a historic home is.  A historic property by North Carolina definition is:

The quality of significance in American history, architecture, archaeology, and culture is present in districts, sites, buildings, structures, and objects that possess integrity of location, design, setting, materials, workmanship, feeling, and association, and:

A. that are associated with events that have made significant contribution to the broad patterns of our history; or

B. that are associated with the lives of persons significant in our past; or

C. that embody the distinctive characteristics of a type, period, or method of construction, or that represent the work of a master, or that possess high artistic values, or that represent a significant and distinguishable entity whose components may lack individual distinction; or

D. that have yielded, or may be likely to yield, information important in prehistory or history.

** It is important to note that there are federal, state and local agencies that all have subtle differences.  It is important to check in your local area for specifics.

 

 

Now that we know how a home qualifies - where are they?

There are many places to search for historic homes.  I would be remiss at this point if I did not mention the best way to seek out these homes are to enlist the help of a Realtor® that is well-versed if the niche of historic properties.  An educated Realtor® will be able to assist you in your search, your homework and the paperwork involved.  A few places that you can surf on your own while contemplating the big leap are:

 

While each of the sites mentioned have a broad variety of historic homes for sale they do not represent a complete list of what is possibly available in your area. 

Once you have found your potential gem in the rough it is very important to sit down prior to a signed contract and assess your financials.  You must take into account all of the work (and money) that will be required to bring the home "up to code".  It is highly advisable to have a home inspection done PRIOR to making an offer so that you will have clear vision of the work that lay ahead. 

There are many financial assistant programs available to individuals involved in restoration projects......

I do hope that you join me for Part II in a few day - I will highlight some of the grant programs available to the purchaser of a historic home.

I hope you stay with me to explore the historic home opportunities and allow be to help you "Establish Your Circa" in My Back Yard....

 
 
 
 

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Wake Forest NC House Chick

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This post has been included in North Carolina Real Estate News Wake County, NC Real Estate News Wake Forest, NC Real Estate News
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18 Comments on Is A Historic Home Right For You? Part I

JUN
08
2008
103,722 Points Hit Router Attended Rain Camp

Restoring a historic home is a wonderful thing for SOME people - I'm better off with a newer house that I don't have to do much work on.

7:42pm • #1
149,554 Points 2 Featured Posts Localism Sponsor

I too, love the vibes of the old homes - and am lucky to live in an area with many.

7:46pm • #2
344,478 Points 16 Featured Posts Outside Blog Attended Rain Camp

I am lucky as I like old homes and live in an area that is full of them. I hate to see the old homes wasting away.

7:49pm • #3
571,409 Points 39 Featured Posts Localism Sponsor Outside Blog Hit Router Called Shot Master

Susan - You are absolutely correct - you must do your homeowrk before considering such a project.

Kara - There are quite a few here as well - I can't get enough of them

Eric - I almost cry at times when I see them run down or in need of a coat of paint.  They are sometimes just forgotten!

7:56pm • #4
571,409 Points 39 Featured Posts Localism Sponsor Outside Blog Hit Router Called Shot Master

Lisa - Thanks so much for stopping by!  There are many resources available to search for historic homes but the best method is partnering with a Realtor® that is familiar with historic homes.

8:27pm • #6
454,707 Points 5 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

Leesa,

This post made my day! I needed some sites to use, to help me on antique and historic homes. They do take special marketing and a little knowledge. Your links are great.  I just love working on and visiting them. Thanks! :)

9:41pm • #7
454,707 Points 5 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

Leesa,

This post made my day! I needed some sites to use, to help me on antique and historic homes. They do take special marketing and a little knowledge. Your links are great.  I just love working on and visiting them. Thanks! :)

9:41pm • #8
JUN
09
2008
107,647 Points

Hi Leesa,

I sold a house a few years back that was built in the 1680's, a big addition was done around 1720, it was very cool.

All the best!

1:50am • #11
1,010,481 Points 64 Featured Posts Outside Blog Attended Rain Camp

Leesa, thanks for this great and informative post.  I really like the historic homes as well..I enjoyed the post.

 

3:24pm • #12
1 Featured Post Localism Sponsor

Leesa, this is great information.  I think many buyers fall in love with the idea of owning a historic home and don't take much time to think about what it takes to restore and mainatain the home. 

6:25pm • #13
JUN
10
2008
595,059 Points 18 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Leesa,

I can only imagine what these homes look like on the inside.

Don R.

9:17pm • #14
JUN
13
2008
177,087 Points 5 Featured Posts

Very informative post Leesa!  The picture of the first house looks very similar to a home here in downtown Colorado Springs.  I love victorian homes, they are all unique from one another.

8:34am • #15
JUN
18
2008
387,863 Points 5 Featured Posts Localism Sponsor Outside Blog

Leesa, I've loved historic homes all my life.  Living in one has great rewards, but it also entails a lot of maintainance.  You either have to be capable of doing it, or have enough money to have someone else do it.  Nice post.

7:30am • #16
JUL
04
2008
361,854 Points 18 Featured Posts Outside Blog Attended Rain Camp

Leesa - I really enjoy your articles on historic homes - I'm learning more myself - we don't have many where I live. :)  

10:35pm • #17
JUL
05
2008
571,409 Points 39 Featured Posts Localism Sponsor Outside Blog Hit Router Called Shot Master

Cyndee - It is a great niche but A LOT to learn!  Come visit any time - I'll show you some real beauties!

3:45pm • #18

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Leesa L. Finley -Wake Forest NC REALTOR® Wake Forest NC & Raleigh NC Real Estate

Wake Forest, NC

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Welcome to Wake Forest NC! Though my blog you can find Homes for Sale in Wake Forest NC, Things To Do in Wake Forest NC and so much MORE! I am the Owner/Broker of Circa Properties and I specialize in Northern Wake County with a focus on Wake Forest NC. It's where I live, it's what I love! Please visit "About Me" for more details on how I can help you "Establish Your Circa...."
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