Buying a historic home is a dream for many — but it comes with unique challenges you should know before diving in. The newly released Consumer Guide from the National Association of Realtors® offers a thorough walkthrough of important considerations, including inspections, renovations, legal restrictions, and more markets.businessinsider.com+3floridarealtors.org+3nar.realtor+3.
Key Things to Consider
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Special inspection requirements – Older or historic homes may not adhere to modern building codes, making in-depth inspections vital.
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Renovation restrictions – Properties with historic designation often have rules about how and what you can update or restore.
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Financial incentives – Many local or federal programs offer grants, tax breaks, or loans to offset the costs of maintaining a historic property.
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Insurance and maintenance – Coverage for historic homes can differ significantly from modern houses, so it’s crucial to explore appropriate policies.
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Working with experts – For renovations and compliance, you’ll likely need to involve specialists who understand historical preservation.
Source:
National Association of Realtors®. (2025, July 8). Consumer Guide: Buying a Historic Property [PDF]. Retrieved July 15, 2025, from https://www.nar.realtor/sites/default/files/2025-07/consumer-guide-buying-a-historic-property-2025-07-08.pdf