Neighborhood Historic Designation Can Raise Property Values

A neighborhood historic designation won’t guarantee home values in the historic district will rise, but studies show it’s likely.

Home values rose 5% to 35% per decade in more than 20 historic districts nationwide, compared with home values in undesignated neighborhoods in the same communities, according to a 2007 analysis by Jonathan Mabry, historic preservation officer for Tucson, Ariz. Read the rest of this entry »

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What Makes a Neighborhood or Home Worthy of a Historic Designation?

Research the answers to these three questions to figure out if your home or neighborhood will qualify for a historic designation: Read the rest of this entry »

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Historic Home Insurance: Why You Need It and How to Get It

If your historic home is damaged or destroyed, do you want it rebuilt exactly as it was before the catastrophe with historically accurate materials and craftsmanship? Read the rest of this entry »

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Tax Incentives for Historic Preservation

Tax incentives at the federal and state levels are available to homeowners to encourage historic preservation of properties. The incentives range from tax credits that reduce dollar for dollar the amount you owe the IRS, to easements that can increase tax deductions and decrease estate and property taxes. Read the rest of this entry »

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These articles are not intended to give legal or tax advice, and you should consult your attorney or financial advisor for additional information.

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