As a realtor who specializes in Character or Heritage Homes, I am often asked if purchasing one is a good financial decision or not. But first, what's the difference? Character homes are pre 1950 homes that contain much of their original details such as hardwood, coved ceilings, stained glass windows, hardware and other special touches. They are usually found in mature neighborhoods lined with trees from the era.

Heritage Homes are character homes that have been selected and designated , either provincially or municipally, as being of particular significance to our social and architectural history. These homes have the prestige of being preserved and protected so that they will continue to be a reminder of the evolution of our built heritage.

Heritage homes recognized municipally or provincially may be either on the A list (priority status) or the B list. All properties on these lists are flagged as being worthy of "designation". However the owner must apply to their municipal offices to have his or her home designated. Once designated, the owner may be eligible to apply for grants to assist in the restoration of the property.

Should a property have sufficient provincial historical significance, an owner can apply to have the property considered a "Registered Historic Site" or "Designated Historic Site". For these select properties, there can be significant funding available to assist with maintenance and restoration of the sites. It is the responsibility of the owner to do the research and prove the significant historical importance of their home or building.

If you believe your home to be worthy of designation, or if you are merely curious about its roots, check out your local city archives. Staff can provide assistance in finding original development permits, names of builder / architect, and original owners. This will give you a wealth of information and provide you with leads to do further research . Old photos, newspaper clippings, and other documentation awaits you like buried treasure. Provincial or state archives can provide you with even more information.

Should your research unearth information that you believe makes your home historically significant in your town or city the next step is to contact your nearest municipal heritage planner. If you believe the property to be significant on a grander scale, contact your provincial or state department responsible for heritage buildings. In Alberta, this is Alberta Community Development. If you live outside Alberta or Canada, check with your closest municipal planning departments.

In summary, all "heritage' homes have character, but not all character homes qualify to be heritage homes. Both are good investments that will hold their value if they are structurally stable, well maintained and in a good location. Studies have indicated that Heritage properties continue to hold their value in times of recession while other properties may feel the slump.

Should you wish to sell your heritage or character home and get the best price with a quick sale, present your home well; Keep the home tidy, organized and free of clutter. Do repairs and touch ups. Give it a fresh coat of paint and of course , get a good realtor who understands and appreciates the benefits of owning these wonderful homes !!

Leslee is a professional realtor who specializes in heritage homes. For more information, contact her directly by email at leslee@professionalgroup.ab.ca

City Archives 10110 108 Ave, Edm.
City Heritage Planner 496 6123
Provincial Archives 12845 102 Ave. Edm.
Alberta Community Development 427 2565