Caron Jones of Burlington, North Carolina is an experienced realtor. In the following article, Caron Jones explains how ownership of a historic home allows you step into the past while embracing the present - offering a unique living experience, sense of community, and solid investment for the future, while also delivering a glimpse into the home’s past.
Buying a historic home may sound incredibly intriguing, but perhaps fairly expensive. There are many questions that can appear in the process; after all, if a home is older than 50 years, couldn’t there be structural dangers? Will the buyer have less freedom to do what they like or want in such a home, as far as preservation rules go?
In reality, those who are interested in owning a landmark property can expect
many advantages. For example, according to experts in the industry, not only is the architecture unique and memorable, but monetary benefits like tax credits and a higher return on investment is likely.
In this article, Caron Jones of Burlington, North Carolina provides an overview of the unique benefits of historical home ownership in one of the most history-rich states in the United States of America!
Caron Jones Lists Some Advantages
The purchase of an older home can feel like even more of a financial risk than purchasing a newer build or recently updated one. After all, antique homes come with an air of mystery, thanks to their long-gone roots - the code of building back in those days was fairly different from today’s standards.
Additionally, Caron Jones of Burlington, North Carolina notes that there can be some apprehension of special rules and obligations due to their landmark nature and architectural elements. Instead of focusing on these worries, Caron Jones invites you to take a look at the below list of the benefits of historic home ownership:
- Potential Tax Benefits
- Unique Character
- Potential for Greater Return on Investment
- Part of the Community of Preservation
Let’s take an even closer look at each of these in order to understand exactly how beneficial buying and preserving a historic home in North Carolina really is!
Potential Tax Benefits
Caron Jones explains that many investors are unaware of the tax credits and incentives for owning a piece of history. These can even be used or funneled toward the potential costs of home’s needs, such as general maintenance or necessary renovations.
Not only does this greatly diminish some of the perceived risks involved, but it is an investment in the future of a piece of history.
Unique Character of the Home
Caron Jones of Burlington, North Carolina notes that through buying a landmark, the investor becomes an integral part of that home’s rich history.
Not only that, but historical North Carolina homes have a uniqueness in architectural design, as well as in their own long past. They often have ornate moldings or antique fixtures that are sure to make a lasting impression on any visitors.
Landmark homebuyers make their mark on the state in and of itself, while having a residence that is unique, original, and unlike anything that can be replicated in modern structures.
Potential for Investments
Caron Jones reports that historic homes in North Carolina represent
significant investment potential. They are highly sought after because of their charm and significance within any given community. Thanks to this, the procurement of these special buildings is an overall wise investment choice, as they also appreciate in value easily.
Connecting to a Community Committed to Preservation
When purchasing a home in a historic neighborhood (or a stand-alone property outside of a historic district) a person is not only committed to being a good neighbor, but also a good steward of the past. This is a commitment shared by many other homeowners to do what it takes to preserve the special character and unique history of old buildings or neighborhoods, even if it costs more to do so and limits certain property owned by more than those who live in modern homes.
In Conclusion
There is no reason to fear an older home. In fact, the owners of these homes often find themselves the recipient of many wonderful benefits from these sought-after timepieces.
Caron Jones of Burlington, North Carolina explains that many of these benefits are tangible and monetary, such as the potential for tax benefits used by the state to incentivize buyers to live in historical homes. Others may consist of the historic home’s untapped investment potential.
In the end, one of the most wonderful benefits of buying a historic North Carolina home is truly in its unique character and rich history. No other house will be like yours, and those who live in it will become an irremovable part of the rich history of the great state of North Carolina, which should be considered an investment in and of itself!
