6 Tips for Buying a Historic Boston Home

As you know, Boston is full of charming homes and condos that highlight the rich history of our city.  Stunning single family homes and quintessential brownstones line the streets and could be one of the many reasons you’re considering making Boston your new home!

In working in the Boston Real Estate market as a real estate agent, I know that choosing your dream home can be challenging; especially when there are so many great properties from which to choose.  Buyers will often envision themselves moving into one of the historic options, but it’s important to think through each unique property carefully.  

Below are six key tips to keep in mind when buying a historic home in Boston.

1. Thoroughly Research the Home- The city of Boston can provide you with useful information on the history of individual properties, as well as the pertinent rules and regulations governing ownership, renovation and tax incentives.  

2. Make a conditional offer- Since older homes can have structural issues that are visible only to a home inspector, it’s best to make a conditional offer.  A major issues that’s discovered during the home inspection could greatly lower the price of the home. 

3. Order a home inspection- As stated in the previous tip; the home inspection is imperative.  In older homes, the most common issues include sub-standard wiring, asbestos insulation, toxic lead-based paint, leaky or decaying roofs, damp basements, the presence of bugs and other pests and general neglect.  Old heating units, heating, plumbing or electrical systems are items you’ll want to pay attention to as well as they may need to be replaced. Make sure that modern systems can be installed without damaging the home.

4. Finalize your offer- Your Boston Real Estate agent will be able to consult with the sellers agent about any concerns your inspection may have turned up and adjust your offer accordingly. If the seller agrees to make any repairs or improvements, make certain that these are included in the purchase agreement, along with a stipulation that any renovations be done in a manner that won’t hurt the home’s historical designation. Also, be sure to list in the agreement any items from the home (antique chandeliers, brass doorknobs, etc.) that you want included in the deal.

5. Renovate with care- Renovating one of Boston’s historic properties is a great way to give back to the community.  If you are considering a renovation, you’ll want to hire a contractor whom you know specializes in historic homes. Remember, there may be restrictions on what you can and can’t do to a historic home. If the home is located in a designated historical district, you may be barred from replacing doors and windows, and some districts even place restrictions on what color you can paint the house.  View more information on the Boston Preservation Alliance website.   

6. Consider resale value- While well-maintained historic Boston homes can be some of the best selling properties, some historic homes may be difficult to sell.  There may be a smaller market of those interested in accepting some of the quirks that can come with an older home, so you’ll want to be sure to take that into consideration unless you have plans to renovate for modern conveniences.

So, whether your heart is taken by a Queen Anne style home, or you prefer a Federal Style property; you’ll want to be sure to take these tips to heart and lean closely on the experience of your Boston Real Estate agent.

If you have further questions about buying a historic home, or you’re ready to begin your Boston home search; please feel free to contact me today!  I would be happy to talk with you more about your real estate needs and help you make Boston your new home. 

Ken Snyder
Keller Williams Realty Boston-Metro
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