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Is An Old Home for You? - The Pros
If you prefer a home that is unique and has character, you probably are giving some thought to buying an older home. Before buying, it's a good idea to carefully evaluate the pros and cons of owning the home. In this article, we cover the positive benefits I have realized by owning a home built in 1825. The Pros of An Old Home In 1972, my husband and I bought a house built in 1825. While maintenance has certainly been an issue, there are more than a few positives to the home. Everything is real. There's no fake anything. Bricks are brick. Wood is wood. Slate is slate. Fireplace mantles, chair rail, crown molding, and baseboards are not dinky little things; they're beautifully proportioned. The floors are rich, wide, heart of pine planks. There's a rich feeling of history and being connected to our country's past that permeates through our neighborhood. George Washington grew up just across the river and trudged up the lane across the street from us daily to attend school. James Monroe and Mathew Fontain Maury (the "pathfinder of the seas") lived within a block of us. Our house was used as a boys' military academy (Philips' Military Academy) prior to the War Between the States. Put together, one gets a feeling of wonder when walking around the community. Old houses can also be a very good investment. First, there is a limited supply of them. With the popularity of historic societies and the preservation movement, people have become more appreciative of them. Precisely because of the center city locations of many of them (which provided drawbacks for us when we first moved here), they are often in what have become highly desirable locations. Our house is within two blocks of commuter rail that runs into downtown Washington, D.C. and many old cities have old house neighborhoods in terrific locations. Boston, Richmond, Savannah, and Charleston come to mind. We paid $35,000 for our house in 1972. Within the last year, two houses within a block of us have sold for more than a million dollars. I have a feeling that our home may be the best investment we've ever made. That about sums it up. Beauty. A sense of it being "real." Feeling connected to the past. And a darned good investment to boot. Yup. We've spent some blood, sweat, and tears. Real money, too. But I'd do it over again in a heart beat. Raynor James is with http://www.fsboamerica.org - providing homes for sale by owner, "FSBO", properties. Are you thinking, "Should I sell my home?" Visit http://www.fsboamerica.org/seller.cfm to sell your home sale for free for one month.
MORE RESOURCES: Batman’s Office and Secret Bathrooms—These Real-Estate Agents Have Seen It All The Wall Street Journal Real estate expert warns socialist mayoral candidate could trigger massive NYC exodus - Fox Business Office real estate wide open in Denver as vacancy rate hits 36 percent Colorado Public Radio Altadena’s rough real estate market: Slower sales, lower prices, lottery winner plucking up properties Los Angeles Times Erie County real estate transactions Buffalo News Real estate magazine reports Les Wexner as Blue Heron buyer The Martha's Vineyard Times 'Married to Real Estate' Stars Get Huge News after HGTV Cancellation Country Living Magazine NAR Real Estate Forecast Summit National Association of REALTORS® 20 Worst Housing Markets Facing Biggest Price Crash or Correction by 2026 Norada Real Estate Investments Residential lending shifts: Local credit unions gain ground, banks lose volume The Business Journals Real Estate agent speaks out as sheriff’s investigators search for missing foster mom fox5sandiego.com Las Vegas leads nation in glut of homes for sale, say Realtors Utah News Dispatch Mortgage Rates Today July 20, 2025: 30-Year FRM is Stable, Refinance Rates Dip Norada Real Estate Investments Future of malls: Arizona's retail centers evolve as customers' habits change The Arizona Republic Central Mass. real estate transfers, Sunday, July 20 Worcester Telegram How Trump’s personal aesthetic is redefining White House décor: 'I picked it all myself' USA Today Neal Communities to celebrate Palmera at Wellen Park grand opening on July 25 Sarasota Herald-Tribune Don’t Skip This Moving Day Step: What to Clean Before Handing Over the Keys Better Homes & Gardens Real Estate Property Transfers Spring Hill for June 23, 2025 Williamson Source I Tried Zillow’s New Aerial 3-D Search Tool, And I'm Obsessed Country Living Magazine Old Family Dollar demolished in Quincy Center. 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