For Buyers: What to Know
Embrace the Charm—But Be Prepared for the Quirks
Original architectural details, hardwood floors, stained glass, and intricate moldings add undeniable beauty to historic properties. However, prospective buyers should be aware that older systems including plumbing, wiring, and HVAC may need updating to modern standards.
Budget for Restoration & Upkeep
Even well-maintained historic homes may require ongoing care. Consider setting aside 1-2% of the purchase price annually for preservation. Additionally, factor in potential historical tax credits as Missouri offers them, along with local grants for restoration work.
Research Historic District Guidelines
Many neighborhoods have historic preservation boards that regulate exterior changes. It's essential to check local restrictions before making your purchase.
Historic District Preservation Boards:
- St. Louis City: Lafayette Square and Central West End both have active historic district regulations
- St. Louis County: Also has various historic districts and preservation oversight, though regulations vary by municipality
Work with Experts
Choose a real estate agent who understands the nuances of historic homes, from construction materials to market dynamics. Partner with a specialized inspector familiar with older structures to ensure thorough evaluation.
For Sellers: How to Showcase & Maximize Value
Highlight the Home's Story
Buyers are drawn to history. Share details about original owners, architectural style, and past uses. Consider featuring a Historic Home Storyboard in your listing materials to showcase the property's unique narrative.
Preserve & Polish
Restore key features such as original windows, fireplaces, and woodwork. When updates are necessary, use materials and finishes that respect the era and maintain architectural integrity.
Stage for the Era & Today
Staging should blend historic elegance with modern lifestyle touches. Think classic furniture, tasteful lighting, and neutral palettes that highlight the home's original character while demonstrating contemporary livability.
Market to the Right Audience
Target buyers who value history and craftsmanship. Use high-quality photography that captures the home's grandeur and highlights unique architectural details that set the property apart.