In Love with Historic Homes? Here Are the Pros and Cons Of Owing One.
There’s something magical about an old home. The charm, the character, the history—it’s easy to fall in love with a house that has stood the test of time. But before you sign on the dotted line, let’s talk about the realities of buying a century or historic home. While they offer unique beauty and craftsmanship, they also come with their own set of challenges.
So, is a historic home right for you? Let’s dive into the pros and cons!
Pros of Buying a Century or Historic Home
1. Unmatched Charm and Character
Modern homes just don’t make ‘em like they used to! A historic home often features:
✔️ Ornate woodwork and trim
✔️ Stained glass windows
✔️ Original hardwood floors
✔️ Grand staircases and high ceilings
These details add a unique charm that’s hard to find in newer homes.
2. Solid Construction and Craftsmanship
Older homes were built to last. Many feature:
✔️ Thicker walls and solid wood framing
✔️ Handcrafted details that showcase skilled craftsmanship
✔️ Quality materials like stone, brick, and real plaster
If well-maintained, a century home can outlast many modern-built houses.
3. Larger Lots and Prime Locations
Many historic homes sit on spacious lots in established neighborhoods with mature trees and scenic streets. You might also be closer to city centers, making it easier to access shops, restaurants, and amenities.
4. Potential for Historic Designation Perks
If the home is officially designated as historic, you may be eligible for:
✔️ Tax credits or grants for restoration work
✔️ Heritage protections that preserve its character
✔️ A piece of history that makes your home extra special
However, these perks often come with restrictions (more on that below!).
Cons of Buying a Century or Historic Home
1. High Maintenance and Repair Costs
Old homes = old systems. Be prepared for:
🚧 Outdated plumbing and wiring that may need replacing
🛠️ Foundation or structural issues over time
💰 Higher maintenance costs for upkeep
Repairs aren’t always cheap, especially if you want to preserve the home’s historic integrity.
2. Energy Efficiency Challenges
Century homes were built before modern insulation and heating systems, meaning:
🔹 Drafty windows and doors = higher heating/cooling bills
🔹 Older HVAC systems = costly upgrades
🔹 No built-in insulation = colder winters, hotter summers
Luckily, there are ways to update energy efficiency without losing charm!
3. Renovation Restrictions
If the home is historically designated, there may be strict rules on what you can and can’t change. Want to replace those old windows or update the exterior color? You may need special approval from the local heritage board.
4. Smaller Rooms and Less Storage
Older homes were built with different lifestyles in mind. That means:
🛏️ Smaller bedrooms and fewer bathrooms
🚪 Limited closet space
🏠 Closed-off layouts rather than open-concept
If you love big walk-in closets and open living spaces, a historic home might require some adjustments!
5. Potential Hidden Problems
Historic homes can hide surprises like:
❌ Lead paint or asbestos (common in pre-1970s homes)
❌ Old wiring (knob-and-tube electrical = safety hazard)
❌ Foundation cracks or settling issues
A thorough home inspection is a must before buying!
Is a Historic Home Right for You?
A century home can be a dream come true—but only if you’re prepared for the realities. If you love history, character, and craftsmanship, and don’t mind the extra maintenance and restoration work, it could be the perfect fit!
But if you prefer low-maintenance living, modern features, and an energy-efficient home, you might be better off admiring historic homes from afar.
Thinking about buying a century home? I live in one myself and know all about their special challenges and charm. Let’s chat! I’d love to help you find a timeless home that fits your lifestyle.