As a prospective owner of a historic residential property, here are ten things to know that can help you in your decision-making process.
Historic homes are homes that are considered architecturally significant or representative of a local region’s history in some way. This includes homes that are in neighbourhoods designate as historic districts. Many historic homes have charm and are attractive visually but may have structural problems and unexpected expenditures that come with maintenance, repairs or taxes. Before you sign on the dotted line, here are some tips to help you be prepared in buying your desired historical property.
1. Get a home inspection with a qualified inspector who ideally specializes in historic homes. You may also want the assistance of a structural engineer who can point out areas that need to be fixed. Be willing to walk away if your house has too many structural problems.
2. For all necessary repairs, get several price estimates from contractors.
3. Ensure that the house meets safety standards for lead paint, asbestos, cast iron pipes, knob and tube wiring, smoke detection and carbon monoxide.
4. Find out what tax incentives may be available to you through provincial and local government. This could be in the form of tax credits or rebates for increasing the overall efficiency of the homes including new heating, ventilation and air conditioning, windows, doors and roofing.
5. While the resale value may be higher in historic districts, be aware that tax levies in historic districts may be higher.
6. Historic homes may have restrictions on rehabilitation and renovation. You may need to acquire special permits to make changes to the house or property as the local region may have laws in place to preserve the neighbourhood’s character and style. Check on-line to see what restrictions apply. Find out if you have local zoning by-laws or ordinances about design standards or remodelling rules. For example, you may not be allowed to add more square footage to a historic home such as a new level or story. You may also be restricted in the design changes that you make to ornamental features, windows, shutters and roofs.
7. Find out if your home is registered officially as a historic property or is deemed to be a historically significant property. You may need to check with the city or town clerk for this information if you do not know this already.
8. Utility bills may run high if the home is not properly insulated and energy efficient. Check with the last year’s energy bill to get an estimate. See where you might improve the energy efficiency of the home.
9. Your modern-day goals may not work with the historic home’s architecture. Can you make the changes that you want without altering the home’s architectural value and character? Will the changes that you want to make alter the home’s resale value?
10. Depending upon the home’s historical classification, you may be eligible for limited financial aid ranging from tax incentives to grants and loans from the government through preservation resources that are intended to keep properties intact. A preservation easement essentially is an agreement between you, the owner of a historic property and either the government or a private historic preservation agency to preserve the property in exchange for a tax break.
It’s no secret that green has been trending in a major way lately. Not only does the leafy shade conjure the sensation of being outdoors after two years cooped up at home, it also is a versatile (and welcome) alternative to traditional colors like white and gray.
Sweet 3 bedroom home that has a light and airy feel to the interior. Vaulted ceiling with open concept design creates a welcoming feel with plenty of natural sunlight all afternoon. Hardwood floors in bedrooms. Updated interior ready to be moved in to. It is a special place to call home or cottage.
Large wrap-around deck features West-facing views of 2-acre park of which you would be a 1/10th owner. Private dock for all park owners. Deeded Lake Simcoe access is rare to find. Very private setting with mature trees.
Message us today for more information or to book private showing.
staging by @chateau_designandstaging
photography by @ishutterphoto
20 Quiet Heights Lane, Georgina provides views of the lake from all spaces on the west side of them home, including the great room, kitchen, dining area, and primary bedroom.
You will enjoy the morning sunrise from the front covered porch and of course, sunset views from the lakeside. The natural sunlight fills the home with warmth and light all day long. It’s tranquil, serene, and welcoming.
In the design stages, the current owner had some important “must-have’s” including a Muskoka like feel, spaciousness, sun-filled rooms, and an “understated elegance“ carried throughout the home.
Some of the interior features include:
– 3 bedrooms on main level and 2 additional bedrooms on the lower level
– 3 full bathrooms plus powder room
– 10.9 ft ceiling height on the main level and 9 ft ceiling height on the lower level
– Great room includes custom millwork and 13 ft vaulted coffered ceiling
– Gourmet kitchen with upgraded appliances
– Spectacular light fixtures including ceiling fans in each bedroom
– Custom drapery and blinds
– Radiant heated floors in kitchen, primary ensuite and the entire lower level
– Surround sound system both indoors and outdoors
A full list of room features, additional images, virtual tour, and more can be found on our website (link in bio).
This listing is also available on realtor.ca (MLS# N5657656)
When you combine the attention to detail of a quality builder with the owner’s vision to create a sanctuary home, the result is spectacular.
This home offers a “Zen” feel immediately upon your arrival.
The landscaping is wonderfully appointed with a collection of perennial gardens, shrubs, mature trees and privacy hedges on both sides, which is home to many birds. There are several seating areas promote great conversation with family and friends or a place to enjoy some quiet time when you want to be alone and enjoy nature all around you.
This is a wonderful home to entertain in both indoors and outdoors. The raised balcony includes a covered area where you can enjoy a summer rain shower. The open area provides lots of space for your chaise loungers to get some sun and watch an array of boats on the lake.
The lower deck is covered and a perfect location for the 7-seater plus lounger hot tub along with another separate seating area to enjoy the lake views.
Listing Price: $1,935,000
DM us to book a private viewing.
The full listing can be found on our site & on realtor.ca (MLS# N5657656)
This charming 3+1 bedroom century home is located in an established area of Sarnia offering lovely streetscape, large mature trees, wide streets and boulevards.
The family have maintained the home and updated the interior features over their many years living here since 1975. The shingles were replaced in 2022. There were two additions including a a two-storey addition with a large family room, sun room and additional bedroom on the 2nd floor.
There is lots of space to entertain family and friends. The living room includes a gas fireplace and overlooks the formal dining room. The sun room includes a gas fireplace, large windows and double patio doors.
The oversized fully finished & insulated 3-car garage includes an upper level coach house which is completely finished. This is a great space for extended family and serves as an in-law suite or potential income if approved by the City as an auxiliary dwelling.
The mature front yard boasts beautiful mature trees, gardens and a seating area. The backyard has a large paved courtyard and provides parking for 3 vehicles.
PM is to book a showing today.
Staged by @chateau_designandstaging
Photos by @ishutterphoto