Historic districts across the country have been extensively studied to better understand how they affect neighborhoods. Overwhelmingly, historic districts maintain or improve surrounding property values, are more walkable than non-designated areas and bolster a city’s appeal to visitors and potential residents, just to name a few benefits. Need more reasons? Here are 24 of them.
Local Historic District Designation provides additional oversight of proposed demolitions and new construction, including public hearings for all applications, while establishing guidelines for significant exterior alterations. Designation also discourages the demolition of historic resources that are part of a city’s cultural heritage.
When it comes to local historic districts, make sure you’re getting your information from a trusted source.
Local designation does not disallow new development, prevent you from selling or redeveloping your property, or dictate what you are able to do with the interior of your property. Designation does not dictate what color you paint your property or how you choose to use it.
Properties in local historic districts can also receive property tax deductions, and apply for grants, while individually listed local landmarks can sell their development rights. Questions? See our FAQ list here.