Lebanon, New Hampshire, undoubtedly has character and a long, colorful history. Two major fires once destroyed parts of this charming city in the 1960s, creating an opportunity to update homes built in the 19th Century. Some of the original homes were built between 1810 and 1860 still stand distinctive and proud. Finding one of these historic Lebanon homes can bring a different dimension to life in Lebanon, but only when proper steps are taken in restoration.
What to Consider When Buying Historic Lebanon Homes
Know the rules of the land. Communities often set certain rules and regulations with regard to historic properties. Real estate may sit in a historic district that must conform to certain common rules. For instance, additions may be banned, specific roofing materials may have to be used or updating old windows with custom-made, single pane window styles might be required.
Homeowner’s insurance for historic Lebanon homes is usually much higher than that of an average house. Many insurance companies do not even offer coverage for historic buildings. Energy costs are also higher in older homes with large single glass windows. These items have to be figured into a budget when considering historic real estate property.
Rely On Experts
Look for exclusive buyer’s agents who have knowledge of the area and its history, as well as the rules of the community. Do not settle for someone telling you there are no rules or the home is not considered historic. Get proof of zoning, restrictions on individual addresses, copies of current taxes, and utility bills. Find out where the appraisal on the real estate originated and check out the company. Appraisers unfamiliar with historic properties could provide a misleading estimate.
There are many great old properties in Lebanon, New Hampshire that can fulfill your dreams of enjoying the character and atmosphere, but choose wisely and learn to ask the right questions before making a purchase.
You can easily start your search for historic Lebanon homes by clicking on the Property Quick Search to your right, or by clicking on the “Property Search” link at the top of this page.
As exclusive buyer’s agents, Housing Solutions Real Estate LLC will always and ONLY represent your best interests when looking at any homes for sale. Call us today for a no-obligation consultation, or to have any of your home buying questions answered. 603-643-4800.