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Is A Historic Home Right For You? Part III

By
Real Estate Broker/Owner with RED Properties NC #129285

Welcome to Part III in a series regarding Historic Homes!  In Is A Historic Home Right For You? Part I we defined what a historic home is and some of the resources available for finding a historic home.  With the basics out of the way we moved on to....

Is A Historic Home Right For You? Part II which highlighted some of the financial resources available as well as incentives for owning a historic home. 

In Part III we will look at the process entailed in having a property designated as a Historic Home.

It is important to note again that the information within these posts regarding Historic Homes are specific to North Carolina.  Please check with your local State Historic Preservation Office (SHPO) for information specific to your area.

There are several criteria for a property that should be considered before proceeding with the Study List Application and they are:

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:

  • that are associated with events that have made significant contribution to the broad patterns of our history; or
  • that are associated with the lives of persons significant in our past; or
  • 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
  • that have yielded, or may be likely to yield, information important in prehistory or history.

Moving beyond that there are exceptions to the criteria which are too numerous to list.  However, should your property fall within the general criteria mentioned above then I would highly suggest that you complete a Study List Application for your property.

A Study List Application is the formal process by which you can submit your property to your SHPO for them to evaluate your home for designation.  You must provide photos of your property as well as detailed information regarding your property on the Application.  Filling out the form DOES NOT constitute your property being designated.  Once your Study List Application is submitted it will be reviewed by the NRAC (National Register Advisory Committee) which is comprised of professional historians, archaeologists, architectural historians, and architects as well as other citizens having a demonstrated interest and expertise in historic preservation.  If it is of the opinion of the NRAC that your property could be potentially eligible for the National Register it will then be placed on a Study List.  Upon your property succesfully making it to the Study List phase the NRAC will authorize HPO staff to work with you to coordinate a formal nomination of the property to the National Register.

Once a property is adeqately reviewed and ready for National Nomination the services of a private consultant are most commonly employed to navigate the process.  Private owners MAY prepare the nomination themselves and are capable of doing so via a packet available to them with instructions, forms and sample nominations for guidelines.  Substandard nominations will NOT be submitted to Washington and the Historic Preservation Office will NOT make revisions to your application.

After a nomination is reviewed by the NRAC and recommends the property be submitted to the National Register it is signed off by the SHPO Officer and forwarded to the Keeper of the National Register where the nomination will be reviewed and a decision will be made to list or not to list the property.  A decision will be made no less than 15 days and no more than 45 days from the date of receipt.  Should your property be listed on the National Register the Historic Preservation Office will notify you and provide you with a certificate stating that the property has been listed in the National Register of Historic Places.

While this process may seem time-consuming it is well worth itDetails are key and cooperation with the local SHPO is a must. 

Join me for Part IV coming soon!  In Part IV we will explore "Restoration".  Quite an interesting topic!

For more information regarding historic homes in My Back Yard.... please feel free to call or email anytime!

 

Posted by
 RED Properties RaleighRed
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Comments(8)

Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Leesa, I had a question for you. Say once a home is designated a historic home and is registered and they come out and put a marker on it with the background and all, is there any advantage or disadvantage to owning a historic home? Does it possibly add to its value? Do others "not" want to buy it because Betsy Ross lived there? I just wondered how it affected its market value. Maybe there is no one answer to that depending on the property. I have really enjoyed this series you have put together in this area. It does show your passion for this category of home. Excellent job as always. I hope you don't get tired of me telling you that about yourself ; )

Jul 05, 2008 02:05 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Gary - Interestingly enough - you do not receive a plaque.  A plaque must be ordered by the private owner via a private commercial supplier.  The HPO will not order the plaque for you nor will they recommend a supplier.  You question regarding advantages vs. disadvantages is somewhat of a tough call.  In my opinion, it is like any other property.  Some people like ranch houses so to them they may be more valuable.  There is a huge subculture (for lack of a better word) of historic home enthusiats (yours truely being one) that create the value for the home.  Of the people I have met you either like historic homes or you don't.  From my standpoint there is NOT ENOUGH historic preservation and we see these gems simply fall by the wayside only to be razed for a new subdivision.  I have been in these historic homes, I have seen the "bones" while visiting restorations - the quality of both workmanship and materials is far superior to anything I have seen in the present.  One has to stop and wonder why these homes have "survived" the ages and why homes built just within the last two decades are falling apart.  Sorry, guess I went off in another direction but I am a firm believer and supporter ofHistoric Preservation.

Some disadvantages which I will call "obligations"  are maintaining the property according to the guidelines set forth by the National Register which I will detail and another post.

And, thanks so much for your continued support of these posts - I genuinely appreciate it!

Jul 05, 2008 02:27 AM
Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

great series of posts especially as we have folks looking for this type of home now

Jul 05, 2008 02:29 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Charlie - Thanks so much for support!  I enjoy this series as it is something very dear to my heart.

Jul 05, 2008 02:41 AM
Paddy (Patricia) Pizappi
Better Homes and Gardens Rand Realty - Pine Bush, NY
Real Estate Associate Broker Hudson Valley NY

Interesting stuff Leesa.  You would be the realtor to go to for these types of homes in your area.  Have a great Saturday.

Jul 05, 2008 03:35 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Paddy - Historic Homes are a whole can of tuna all to themselves - a buyer does need to have a Realtor(r) that is versed in the nuances of purchasing a historic home.  Thanks so much for the compliment AND stopping by!

Jul 05, 2008 04:20 AM
Greg Nino
RE/MAX Compass - Houston, TX
Houston, Texas

Leesa-

I've always appreciated the history of historic homes! :) Very cool. I just don't think I could ever live in one. And your right, USE A GOOD REALTOR!

Jul 05, 2008 06:44 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Greg - That's okay, Greg!  Older homes aren't for everyone so I certainly understand that!  Glad you enjoy the posts, though!  And, yes, a good Realtor(r) is going to make all the difference in the whole process.

Jul 05, 2008 08:31 AM