Historic Homes: What Should You Know?

Historic homes have a charm and value that draws in homeowners and buyers across the United States. However, there are important considerations to keep in mind when venturing into the realm of historic properties no matter where you are, and specifically in Southern California. Let's explore what you should know before buying, owning, or selling a historic home, as well as the unique dynamics of living in a historic community.

Buying and Owning Historic Homes

Purchasing a historic home can be a labor of love, driven by a passion for unique architecture or a desire to be a part of history. However, it's crucial to understand the potential challenges that come with owning a piece of the past.

Renovation Restrictions and Maintenance Costs

One of the most significant aspects of owning a historic home is navigating renovation restrictions. Depending on the property's historical significance, there may be limitations on what modifications can be made to the home. Extensive research into the home's history and preservation guidelines are essential to avoid unexpected problems.

Also, it’s important to keep in mind that maintaining a historic home often requires specialized craftsmanship and materials, which can result in higher maintenance costs. Finding contractors experienced in working with historic homes, particularly those familiar with the Glendora and San Gabriel Valley area, is essential for preserving the home's authenticity while ensuring its structural integrity.

If you’re ever looking for a reference on who to hire to help with historic home restoration, home maintenance, or any other service you may need, please feel free to reach out to us!
We have been hiring local servicemen to work on homes in Glendora, San Gabriel Valley, the Inland Empire and greater Los Angeles area for over 46 years.

Insurance and Financing Considerations

Securing insurance and financing for historic homes can come with unique challenges. Insurers and lenders may require specific criteria to be met to ensure the home meets modern safety standards while preserving its historical character. Working with professionals experienced in navigating these requirements is essential to streamline the process.

Please let our team know at Century 21 Marty Rodriguez if you need help finding a good insurance agency, or have any questions about buying a historic home.

If you’re based in California, you may qualify for the Mill’s Act.

”The Mills Act is an economic incentive program in California for the restoration and preservation of qualified historic buildings by property owners. Enacted in 1972, the Mills Act legislation grants participating cities and counties the authority to enter into contracts with owners of qualified historic properties who actively participate in the rehabilitation, restoration, preservation, and maintenance of their historic properties. The Mills Act permits property tax relief to offset these costs.” (via Los Angeles County)

Be sure to contact us if you have any questions about what kind of properties qualify and what kind of benefits you can expect.

Living in a Historic Community

Choosing to reside in a historic community offers a unique sense of connection to the past and a shared appreciation for architectural heritage. However, it's important to understand the nuances of community dynamics and preservation efforts.

Within the San Gabriel Valley, there’s quite a few very active and passionate historic home communities. Here’s some information about a few:

GLENDORA

Glendora has an extensive historic past, and you can see the registered historic buildings on Glendora’s City website and see the very well documented Glendora past on the Glendora Historical Society’s website photo & documents archive.

LA VERNE

La Verne, originally established as Lordsburg in 1887, has extensive amounts of quality historic homes as well. The downtown & historic district in La Verne has a storied past: “Old Town La Verne dates from the city’s founding in 1887 as a destination for the Santa Fe Railroad.” (via City of La Verne) Learn more about the city’s past from the La Verne Historical Society.

POMONA

Pomona has three historic neighborhoods: Lincoln Park, Wilton Park, and Hacienda Park that are led and protected by the Pomona Historical Society.

Community Support and Advocacy

Living in a historic neighborhood often means being part of a community passionate about preserving its heritage. Residents may actively advocate for the preservation of historic homes and neighborhoods, creating a supportive environment for homeowners. Additionally, historical societies and neighborhood associations may offer resources and events to engage residents and promote preservation efforts.

Membership Fees and Neighborhood Associations

Many historic neighborhoods require membership in historical societies or neighborhood associations, often accompanied by membership fees. These organizations play a vital role in preserving the neighborhood's character and organizing community events and initiatives. Understanding the obligations and benefits of membership is essential for homeowners considering purchasing in a historic community.

In conclusion, owning a historic home in Glendora or the surrounding areas of Southern California is a unique experience that offers both rewards and challenges. By understanding the ins and outs of renovation restrictions, maintenance costs, community dynamics, and historic community obligations, prospective homeowners can make informed decisions that align with their lifestyle and values. With careful consideration and guidance from experienced professionals, embracing the charm of a historic home can be a truly enriching journey.

Thanks to our agent Kayla-Rae Campbell for advising this week’s article on historic homes!

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