From elegant architectural details to the echoes of a bygone era, historic homes offer undeniable charm and character. But owning one comes with unique responsibilities that every prospective buyer should understand before signing on the dotted line. Whether you're captivated by ornate crown moldings or dreaming of restoring a century-old farmhouse, here’s what you need to know before buying a historic property.

What Makes a Home “Historic”?

A home is typically considered historic if it's at least 50 years old and has preserved its original architecture or holds cultural significance. Some homes are officially recognized and listed on the National Register of Historic Places (NRHP) or are located within a local historic district. These designations aren’t just for bragging rights—they can impact how the property is maintained, renovated, and even marketed.

Renovation Restrictions: What’s Allowed and What’s Not

Buying a historic home is a bit like joining an exclusive club—there are rules to follow. Local preservation ordinances often limit changes to the home’s exterior, and in some cases, to interior elements as well. For example, you may need approval from a historic preservation board for updates like repainting, adding solar panels, replacing windows, or expanding square footage.

Think of it like an HOA with deeper roots. It’s essential to research these guidelines before you make an offer or during your contingency period to avoid surprises or costly delays.