Historic Homes & How to Sell Them - Real Estate Webmasters

Historic homes offer romance, mystery, and an elusive dream of days gone by. Many historic homes that people choose to live in today, were once mansions or estates reflecting the heritage, class, personality, and wealth of the original owner. These large and airy homes catered to lavish lifestyles. Park-like views and spacious elegance were common goals.

Every historical home is unique, but what makes them appealing to so many people are the genuine, natural materials used to build the home, the beautiful detailing, and the fact that highly specialized craftsmen hand built the majority of these homes. Most historical homes could not be duplicated today. Some historical homes were built out of materials that are no longer available or that are now very expensive to buy. As well, the pride and care that the architects, builders, and crafts people put into many of the historic mansions still standing today, would be nearly impossible to duplicate.

So it is for the beauty and the history, that many people are drawn to, and want to preserve, historical homes.

Problems with Historical Homes

As romantic as historical homes appear from afar, living in an historical home can be fraught with difficulties. Issues that some historical homeowners face, include: pests, outdated plumbing and heating, outdated or nonexistent electrical systems, and difficulty connecting modern conveniences such as internet or television without damaging the structure of the home.

Old homes creak and they may not be suitable for the faint of heart or people who are scared of ghosts. As well, while some historic homes are large and expansive other, usually much older, historic homes have low ceilings that were designed to help with heating the home. So not only might they creak and groan, historic homes might not meet current building codes.

What Realtors? Need to Know When Selling Historic Homes

1. Be Knowledgable About Historic Homes: Know the different architectural styles in the area. Know what some of the historic features in the home are called ("cross and bible" doors, Florette moldings, etc.). Know the history of the home and neighborhood. Be aware of potential issues buyers might face should they buy a historic home.
2. Historic Home Inspectors: Find home inspectors in the area that specialize in historic homes and recommend these inspectors to prospective buyers.
3. Local Ordinances: Local ordinances in your area may impact how restorations are done on the home. If there are limitations to historic home restorations, have the information handy for buyers.
4. Home Insurance: Some states and cities require that special home insurance be bought for historic homes. Buyers may want to know how this insurance is different from regular home insurance.
5. Property Tax Credits: This is the good news! Depending on where the historic home is located, there may be property tax credits available for buyers.

Source: http://www.realestatewebmasters.com/blogs/hopkins-home-team/26282/show/

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