Looking up and buying antique homes for sale doesn’t have to be anything like the experience Tom Hanks had in the Spielberg movie, The Money Pit. There are thousands of antique homes all over the country that are just waiting to be lived in by families, by loving owners. These homes can be had for a real steal – at $60,000, sometimes even less. All you need to earn a chance to live in a beautiful old home would be to work up the will to move to a new town perhaps and restore the home you buy not too long after you buy it. Why the timeframe, you ask? It’s because most of these homes have historical worth. Heritage societies in the local area buy them up to be able to sell them with conditions attached that buyers will take good care of their purchase. They want that buyers be found who will not only be willing to restore the house to its original splendor, but be also willing to do it in a way that doesn’t take away from the original appeal.
So where do you go to find a treasure like this? Usually, the website of a placement service that deals in historic properties will do the job for you. Try the websites of the Preservation Directory or Historic Properties at first. Is there a catch to why these beautiful homes should be going for so little? There certainly is – old homes can come with a healthy appetite for repairs and maintenance. But once you ascertain that your home of choice comes with enough of a history that would make an investment worth your while, you could easily end up with an asset that could appreciate in value. Buying antique homes for sale usually comes with tax benefits. They’re not available in all states, but where available, tax incentives recognize the kind of burden it can be initially to restore and maintain a large home and grounds. Since getting a family to invest in an old home could be seen as a way to benefit the heritage of a neighborhood at large, these tax incentives certainly do go where they are needed.
Just consider some of the ancient and beautiful properties that you could get for just $50,000 – the Clark-Miller Grist Mill on the banks of the Little Horse Creek, in Blue Ridge is something that could come out of a period piece. It is a grand old house that could melt any heart. The century-old Hodges-Walters House in Kinston goes for a little more than $10,000. These are antique homes for sale, all in wait for someone who appreciates them. Money is only the down payment. Your love and appreciation for what they stand for pay for the rest.