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If you enjoy both history and fixing things, then you may have trouble driving by historic homes for sale in Seattle without feeling the urge to buy and fix one up.
Before you do, however, it helps to understand what restoration, renovation, and repair actually mean in the context of a historic home. Restoration generally aims to return the home to an earlier or original condition, renovation updates or changes the home for modern living, and repair focuses on fixing what is broken or worn. Those distinctions matter before you buy because they can affect permissions, cost exposure, project timeline, and how much planning you may need with contractors, architects, and your lender.
“Restoration” is the process of returning a home to its original state. Restoring historic homes often requires city and state permission. It’s essential that you check to see whether your home is listed in the National Register of Historic Places (NRHP); or, whether it’s located in a historic district. If either is true, there may be a specific set of rules to follow while renovating.
Restoration can be an expensive endeavor. For a home to keep its historic value, the materials used must match the home’s original materials, including furnishings. This can be costly because of antique value.
Renovating is less complicated and less restrictive as compared to restoring. However, via a renovation, a home often becomes a more “modern” living space, which can lower the home’s historic value. Be sure that your home is not listed in the NRHP or located in a historic district before beginning renovations.
Depending on size of the project(s), renovations can be expensive, too. However, it’s easier to find great deals on modern appliances as compared to the antique appliances required for a restoration.
Repairs are often less intensive than a restoration or renovation. For repair, be sure to use materials which fit the home’s character, which may include plaster walls and wooden floors, for example. Matching original materials is not important in the home repair process.
The cost of a repair project will depend on the size and volume of required repairs.
If you are considering a purchase, use the three R’s as a planning filter before you commit. First, confirm whether the property is officially designated or located within a historic district, because that can affect what changes are reviewed. Next, try to determine whether your plans are closer to restoration, renovation, or repair so you have a more realistic view of permissions, budget, and timeline. It’s also wise to line up the right architect or contractor early, especially if the home may require specialized materials or methods. Finally, if the home needs substantial work, discuss the likely project scope with your lender as early as possible so you can better understand your next steps before closing.
The differences between a restoration, renovation and repair of a historic home may be minor, but those small differences will change your costs, your timeline and your procedural red tape. Speak with a qualified architect if you’re unsure of your obligations as the owner of a historic home.
Sammamish Mortgage can help. We serve clients across Washington, Idaho, Colorado, Oregon, and California. Since 1992, we’ve been providing several mortgage programs and products with flexible qualification criteria to borrowers across the Pacific Northwest. Visit our website to get an instant rate quote or to use our online mortgage calculator. Or, reach out to us if you are ready to get pre-approved for a mortgage.
Start by checking whether the home is listed in the National Register of Historic Places or located in a historic district. Those details can help you understand whether added rules or review may apply.
You may. If a home is designated or located in a historic district, certain changes may require review or permission before work begins.
Yes. Renovation often makes a home more modern, and that can lower its historic value compared with a restoration approach.
Confirm the home’s historic status, ask what changes may need review, identify the right architect or contractor for the work, and talk with your lender early if the property may need substantial updates.
Restoration aims to return the home to an earlier or original condition, renovation updates or changes it for modern living, and repair focuses on fixing what is broken or worn.
Restoration can be expensive because preserving historic value often means using materials and furnishings that match the original home. Costs vary by project scope and the availability of period-appropriate materials.
A home that needs substantial work can affect financing plans, so it is wise to discuss the likely project scope with your lender as early as possible before closing.
They can change the permissions you may need, your likely costs, your project timeline, and the level of planning required with contractors, architects, and your lender.
Repairs should use materials that fit the home’s character, such as plaster walls or wooden floors when appropriate. Exact matching of original materials is not as important for repair as it is for restoration.
It is smart to line up the right architect or contractor early, especially when the home may require specialized materials, methods, or guidance on preservation-related obligations.
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