Historic Districts

Sorry, life has gotten in the way of writing my blog… Well the house I put my bid on, did not come through. So I got to thinking maybe it is a sign. I have not found any houses in the area (I have been looking in) that I like or am interested in so I was wondering if I wasn’t looking in the right place. Currently I have been looking close to where I work… I have now decided to look in Chicago… more specifically, the same neighborhood where my BFF lives, which is a historic district in Chicago. I went this weekend and looked at 5 different houses out of the 5; there was one that interested me. There are two more houses I will be looking at this coming weekend. This area is a historic district so I have been looking at some information about buying in a historic district. The cool thing is that buying in a historic district is part of a “bigger” thing, it is something special that makes the neighborhood unique. Also, property values tend to increase in a historic district. One thing that people may see as a downfall, but I think it is a good thing is there is a code of what you can and cannot do to the outside of the house. Preservation is an important thing in a historic district. Another positive to buying in a historic district is the possibility of lower taxes. While buying in a historic district isn’t for everyone, it is a wonderful part of history. It is important if you make the choice to buy in a historic district to research the requirements for your specific neighborhood. Here is the outside of the one house I am interested in:

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