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Why Live in a Historic Home?

As a homeowner, you understand the desire for that perfect home. Of course, finding the one that fits our wants, needs, and dreams just right can be a bit of a hassle. There are literally hundreds of thousands of homes to choose from! But have you ever considered the possibility of living in a historic home? If not, you might just be missing out on a unique opportunity!

At Coakley Realty, our team is fully dedicated to bringing you the absolute best solutions for meeting your needs. To accomplish such services, we offer superior options and services, tailor-made to ensure you’re getting the most out of your realtor! Wondering what the perks of a historic home entail? We’re happy to clue you in—keep reading, or call 301-340-8700 to speak with our experts today.

What is a Historic Home?

For a home to qualify as historic, it has to meet a fairly strict list of criteria:

  • The home must be of a certain age.
  • The home must have retained the majority of its characteristics at the point where it was appointed as “historic.”
  • Historic homes are often of certain standing or influence, possessing unique architecture, historic significance, or other noteworthy features (such as previous historically-pertinent figures).
  • A home is historic when it is deemed so by government sanction. In other words, one cannot simply proclaim a home to be historic and expect it to stick!

What are the Benefits of a Historic Home?

Aside from being trusted with an important piece of architecture and the prestige that comes along with it, there are financial benefits to being the owner of the historic property! There is a growing number of tax benefits for owning and caring for a historic home, many of which are geared at not only assisting in the upkeep of the home itself, but are also aimed at providing incentives for the homeowner to do so!

In many cases, homeowners can even anticipate grants, tax breaks, and even endowments available in accompaniment with owning and living in historic homes. To ensure you’re receiving the most benefit from your contributions, it is important to work alongside a trusted team familiar with local and state tax benefits and information!

Historic Homes in DC, MD & VA

Are you ready to take the leap and make a historic house in the greater DC area your home? The professionals at Coakley Realty can help! For over 25 years, our team has provided trusted real estate services to homeowners and buyers alike. Fill out a contact form or give us a call at 301-340-8700 to learn more about our services.

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