If you’re preparing to sell a historic home, you’re in a good position. From solid construction to beautiful stained glass and crown moulding, the features associated with heritage properties are in high demand. For you, that could mean a very impressive return—if you make the most of your home’s historic charm.
Here are five tips for successfully selling your historically-significant property…
Preserve its character
Chances are, at least part of what will draw potential buyers to your home is its original character. That’s why it’s so important to preserve our property’s historic architecture and period details. Whether you’ll be ready to sell soon or you’re planning for the future, you should try to renovate sparingly (and strategically).
Your best bet is to find a contractor who understands preservation. With their help, you can make changes that may increase your property’s value—without compromising its integrity. Think key upgrades, like replacing outdated kitchen appliances.
Make the history a selling point
It’s no secret that older houses sometimes come with significant issues, such as outdated wiring or faulty plumbing. Fortunately for buyers, knowing about a home’s history—including the renovations and additions it’s undergone—can lead to a more informed purchase decision. Of course, that’s not the only reason prospective purchasers ask.
From the year it was built to its previous owners, your home’s storied past is a big part of what makes it special. Public records can help you unearth interesting information to impress potential buyers. The right agent can also help you incorporate your property’s history into your marketing.
Antique furniture and decor has an undeniable appeal, but too much of it can be a turnoff. A good rule of thumb? If your home looks outdated as opposed to vintage-chic, most buyers will have trouble envisioning it as their own.
Working with a stager who knows how to highlight the finer points of a historic property is key. That may mean combining vintage pieces with modern ones to create a sophisticated look—something the right professional will be well-positioned to do.
Be aware of restrictions
If your home is a designated heritage property, you’re probably aware that there are potential restrictions on the renovations you can perform. Making changes to protected architectural features may take longer (since local government approvals are often required), and they can be costlier.
Buyers should know about these potential issues, so be prepared to provide your agent with details that can help expedite the process. Be aware that your property’s designation will be a plus for some buyers, while others may see it as a possible annoyance.
Seek out expertise
Assistance from a real estate professional with the right expertise can contribute greatly to your selling success. This is as true when it comes to historic homes as it is for any other type of property.
When you’re looking for an agent, opt for a professional with a proven track record of helping clients sell historically-significant properties. From pricing to marketing to disclosing relevant information, their expertise will come in handy at every step!
When you’re ready to sell your historic home, we’re here to help. Reach out to benefit from our local expertise!