Most historic home owners did not originally purchase their home with “value” as their primary motive. Elegant, timeless architecture, famous past residents and a unique design by a well-known architect are all reasons for choosing an historic home.
But lasting value is also a significant benefit that comes with a one of a kind home. A beautiful Spanish revival home designed by
Addison Mizner and built in the 1920’s for example, is now a rare national treasure that will only go up in value as the years progress.In order for a home to be listed on the National Register of Historic Places the property has to be at least 50 years old and should look as close to the original property as possible.
But more important than age is the property’s association with significant historic events or people or distinctive architecturalhistory. Historic homes are as individual as people, and buyers often say that the main reason they purchased the home was because they simply fell in love. If you are looking to start a love affair with one of our fine historic homes in the area, be sure to contact aREALTOR® who specializes in this distinctive corner of the real estate market.
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