With the real estate market hot, more CT buyers are turning to antique homes

New life is being breathed into old Connecticut homes.

With the housing market hot, older homes that need a little tender loving care have become in demand. As buyers look for a good deal, they are now gravitating toward some of the antique charm – even if it’s under a layer of dust.

Crown molding, wide plank hardwood floors, intricate handmade mantles – these are all things home buyers cannot get in a new build or without spending a fortune. There’s certain characteristics of older homes that are drawing people to them. They want to own the piece of history, find out the who and when of the former owners and discover the story behind their new home.

“There is nothing like an old house,” Sharon McCormick, of Sharon McCormick Design, said. “Patinas develop over time and can’t be replicated with new construction. Antique houses are typically solidly built and worth restoring if the location is right. Having restored a 1730 Colonial myself, I can tell you firsthand that being a steward of a historic property is a privilege and an adventure.”

Oftentimes, people want to purchase an older home for the love of history, the architectural styles and a sense of home.

“Unless a home on the market has been completely restored, it also offers a new buyer an opportunity to put their own stamp on the property,” McCormick said.

Typical renovation projects for an older home include updating the kitchen and bathrooms to incorporate modern conveniences. One thing to keep in mind is the difference between a renovation and a restoration. A renovation is an update and a restoration is bringing a home back to its former glory.

Perks of buying an older home

When someone buys an older home, most often it’s for the character inside the home and what they can do with it. As construction prices rise, it can be harder and harder to afford what you want in a newer home.

“Trying to buy lumber, windows and appliances is still scarce and ever so pricey,” Kellie Burke, of Kellie Burke Interiors, said. “Finding an older home packed with charm and luxury hand-carved paneling and railings built in makes [homebuyers] appreciate it so much more.”

Things that were previously seen as negatives in purchasing an antique home are now positives, increasing the demand of these homes.

“Antique homes are often clustered together, creating a unique community of like-minded people,” McCormick said. “Walkability is now a desired feature and many such homes are in the center of towns and cities. Historic district commissions protect the structures and character of a neighborhood, as well as one’s investment, for the preservation-minded.”