Maryland’s Eastern Shore is known for its rich history with many towns and neighborhoods designated as historic districts. Living in a historic district can be a unique and enjoyable experience, but it also comes with its own set of challenges. In this article, we’ll take a look at the pros and cons of living in a historic district on the Eastern Shore.
Pros:
- Unique Architecture: One of the biggest benefits of living in a historic district is the unique architecture of the homes. Many of these homes were built in the 18th and 19th centuries and have a distinct style that can’t be found in newer homes.
- Sense of Community: Historic districts often have a strong sense of community. The residents are proud of their homes and the area’s history, and they often come together for events and activities that celebrate that history.
- Appreciation of Property Value: Homes in historic districts tend to appreciate in value over time. This is because the limited number of homes available in historic districts, coupled with the high demand for them, can drive up property values.
- Preservation of History: By living in a historic district, you are helping to preserve the area’s history and culture for future generations.
Cons:
- Restrictions on Renovations: Living in a historic district comes with restrictions on renovations. You may be required to get approval from a historic preservation committee before making any changes to the exterior of your home, which can be time-consuming and costly.
- Limited Parking: Many historic districts were developed before the widespread use of cars, which means parking can be limited.
- Limited Modern Amenities: Some homes in historic districts may lack modern amenities like central air conditioning or updated plumbing.
- Higher Maintenance Costs: Older homes in historic districts often require more maintenance, which can lead to higher costs.
Overall, living in a historic district on the Eastern Shore can be a rewarding experience for those who appreciate the area’s history and architecture. However, it is important to understand the restrictions and challenges that come with these unique areas before making a decision.
If you are considering buying a home on the Eastern Shore in a designated historic district, it is a good idea to talk to a local real estate agent who is familiar with the area and can help you navigate the process and understand the pros and cons. As a local real estate professional who has lived in the downtown Chestertown historic district, I am happy to help you find the perfect home that fits your needs and lifestyle.