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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.
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