« The Floor Shop is the preferred installation company for “Holmes on Homes” on HGTV | Main | Casual Affairs Clothing trend report: Romantic vs. Sexy »
Monday
Mar082010

What is a Heritage Home?

By Susan Quaglieri (*source REALTOR ® Energy EDGE)

*Did you know that municipalities in Ontario have launched programs to provide a portion of reimbursement for the taxes paid on these properties? And that grants and loans are also available for improvement of these heritage properties?

There is a misconception that when a property turns ‘100’ it is granted a heritage home designation: Not true. According to the Ontario Heritage Act, they look at more than age. Design features, architecture and context within its community will determine heritage value.

Here are the criteria:

  • Design or Physical Features
  • Architectural style—i.e. ITALIANATE, GEORGIAN, GOTHIC, REVIVAL?
  • Materials, Construction and special features—i.e., artistic merit of craftsmanship
  • Original Interior—i.e. staircases, moldings, mantels, lighting fixtures, etc.
  • Historical associated value—any theme, event, person or activity of significance

It’s possible your home could qualify but has not yet been designated. Municipalities process properties as they become known. Within your municipality there may be an appointed designate to advise you on your property.

Remember, if you are purchasing a ‘designated heritage home’ or one not yet classified as one, you should add a clause called HERIT–1 Ontario Heritage Act Designation—to deal with any restrictions.

If you have questions about heritage home design-ation, please call me. Let me write about your HOME!

List or Buy with me before April 30, 2010 and receive 25% back on my commission;* paid on closing (*some conditions may apply


Susan Quaglieri, Sales Representative
Royal LePage West Group, Brokerage
Office: 416.245.9933
Cell: 416.524.0401
www.susanqhomes.comsquaglieri@trebnet.com

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>