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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: A Potential Mamdani Mayorship Strikes Fear in the Real Estate Industry The New York Times There’s one elite group propping up the Manhattan real estate market right now — everyone else is sitting on their hands New York Post Triangle homes sitting on the market longer, why a real estate agent says it’s about perspective WRAL.com Wellness Real Estate Set to Top $1 Trillion | Florida Realtors 4 real estate investors shared with us an overlooked advantage to buying property - Business Insider Detroit sues blockchain real estate firm that owns rentals with hundreds of violations Detroit Free Press Detroit sues cryptocurrency-based real estate firm to correct hundreds of property violations The Detroit News Senate Passes Tax Bill With Major Wins for Real Estate National Association of REALTORS® Meet HBJ’s 2025 real estate power players Hartford Business Journal Detroit Evening Report: Detroit suing blockchain-based real estate firm for neglecting hundreds of properties WDET 101.9 FM Inked: Long Island commercial real estate deals roundup Long Island Business News Opinion: Anticipated tax changes impacting real estate industry Springfield Business Journal Shlichus Isn’t Real Estate Anash.org LOCAL REAL ESTATE TODAY 7.3.25 KQEN News Radio George Pierson, Realtor, Home 1st Real Estate JTV Jackson Real estate market still good for sellers Addison Independent CEO Roundtable: Residential Real Estate Springfield Business Journal Would lower interest rates help NH’s real estate market? NH Business Review ‘Unfiltered’: Social media that pays — and the channels to skip Real Estate News by RealEstateNews.com Real estate firm acquires Cecil residential properties for $14.6M Maryland Daily Record Real estate secondaries has plenty of room to grow, but pricing can be a challenge Secondaries Investor 'Keep it moving': HGTV cancels TV show hosted by Georgia couple after 4 seasons Savannah Morning News Dawson County weekly real estate transactions, July 3 Central Nebraska Today Chicago Teachers seeking MWDBE private real estate managers Pensions & Investments REAL ESTATE | Harley-Davidson in West Bend, WI sold Washington County Insider Real Estate Transactions: July 4, 2025 Greenfield Recorder Three reasons why there’s value in owning real estate as part of your collision business Repairer Driven News 7 Morning Digest: Detroit sues crypto real estate company, community ice cream truck & more WXYZ Channel 7 News of public record: Muskingum County real estate transfers Zanesville Times Recorder Compass ‘has not and will not adhere’ to Clear Cooperation Real Estate News by RealEstateNews.com Real Estate Minute – 07-03-2025 Texomashomepage.com Texas Senate Bill 17 Restricts Foreign Ownership of Real Property in the State The National Law Review Texas Teachers assigns $950 million to real estate, private equity Pensions & Investments Real Estate Transfers: July 3, 2025 The Suffolk Times GPIF is shifting from the predictable to the tactical in real estate Private Equity Real Estate | PERE It turns out some real estate people like Zohran Mamdani The Real Deal Is Your Money Safe in the Bank in 2025? Norada Real Estate Investments Homes for Sale in New York and Connecticut The New York Times Hyatt Announces Agreement to Sell Playa’s Owned Real Estate Portfolio to Tortuga for $2.0 Billion Hyatt Newsroom Homes for Sale in Manhattan and the Bronx The New York Times Top residential real estate sales for June 16-20 in Sarasota, Siesta Key, Palmer Ranch, Osprey, Nokomis Your Observer The dreaded Zillow ban is finally here. Here's what you can do Business Insider Egypt Sherrod Shares Heartbreaking News About HGTV's 'Married to Real Estate' Country Living Magazine Zillow ban lawsuit shakes real estate: What sellers need to know Fingerlakes1.com More than 350 Quintana Roo real estate agents certified to provide buyers with verified ownership in real time Riviera Maya News Where Does Bruno Mars Live? Examining the Singer’s Real Estate Portfolio Architectural Digest ALTA Applauds Congress for Passing Tax Package Preserving Key Real Estate and Housing Provisions StreetInsider ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES TIMING OF RELEASE OF Q2-25 RESULTS AND CONFERENCE CALL Yahoo Zohran Mamdani’s Ideas on Commercial Real Estate Come Into Focus Commercial Observer Was operator of San Antonio apartment complexes running a Ponzi scheme? San Antonio Express-News Long-closed Orchard Supply site in San Jose is bought in hopeful sign for property SiliconValley.com |
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