The Muller Group

The Differences Between Buying a Historic and Modern Home in Denver

The sheer number of housing options in Mile High City can be astounding. If you’re sorting through listings by property age, here’s a general comparison between modern and historic homes in Denver, Colorado.

According to the National Association of Home Builders (NAHB), the median age of homes in the United States is 39 years old while the median age of residential properties in the State of Colorado is 36 years. The aging housing stock across much of the U.S. offers many opportunities to own a beautiful historic home with provenance, notable architecture, and exceptional design. Historic homes in Denver, in particular, are highly coveted for their unique character and historical significance.

The city offers a diverse range of architectural styles that evolved through more than a century of its existence. Many historic homes in Denver have design influences from World War I and II as well as the Arts and Crafts movement.

Best known for Mountain Contemporary-style homes, which make use of locally-sourced materials and an earthy combination of natural wood, stone, and iron, as well as Traditional Denver homes that can be found in many residential pockets, the city has a rich architectural history that reflects the resourcefulness and design sensibility of its inhabitants.

Prevalent architectural styles in and around the city also include:

In most places in the U.S., a home is considered historic if it is at least 50 years old and has retained much of its original architecture, materials, and design elements. Aside from individual homes, certain neighborhoods and districts in Denver have been given a historic designation with strict requirements for the restoration and preservation of the homes located in those areas.

Notable historic neighborhoods and districts in Denver include:

The difference between historic homes and older homes

When looking for historic homes in Denver, it’s important to distinguish between older homes and properties with a historic designation from local or national preservation organizations. An older home can refer to any property that is 20 to 30 years old while a historic home has significant historical, architectural, or cultural value that can be traced and verified through public records.

The design of historic homes typically reflect a specific architectural movement or time period. These homes often have unique and artisanal details, such as decorative trim, ornate moldings, hand-cut stonework, or wrought iron that reflect the prevalent aesthetic and craftsmanship of the era in which they were built.

While older homes may not have the same cultural or historical significance as historic homes, they may still possess a combination of unique and appealing architectural features. Lastly, historic homes are often seen as cultural treasures that must be preserved, while older homes can be either torn down or renovated extensively without the approval of a historic preservation board.

How a home receives historic designation

To be considered historic, a home must be certified by either a local, state, or national preservation agency. The certification process typically involves a thorough review and evaluation of the property’s history, construction, ownership, architecture, and overall condition. The Colorado State Historic Preservation Office (SHPO) identifies, evaluates, and adds local historic properties to the National Register of Historic Places.

The Colorado State Historical Fund offers grants and various forms of assistance to homeowners and organizations dedicated to preserving historic structures. It also manages the Colorado State Register of Historic Properties, which contains a list of sites or properties that have been recognized for their cultural value and are meant to be preserved.

In addition, many cities and towns in Colorado have their own historic preservation programs and ordinances that provide additional protections for historic properties. These programs may also offer tax incentives, grants, or other financial assistance to property owners who maintain and preserve their historic homes.

Inclusion on state or national registers does not necessarily prevent the sale or transfer of ownership of a historic home. However, its historic designation can affect the way in which the property can be used or renovated. A historic home may be subject to certain restrictions and requirements in order to protect its historic character.

Before purchasing historic homes in Denver, it’s important for buyers to understand any restrictions that may apply. In some cases, significant alterations to the property may require approval from local or state preservation agencies.

Insurance coverage for historic homes

Purchasing specialized insurance coverage for a historic home is often recommended. A regular homeowner’s insurance policy may not offer sufficient coverage for a historic home that has been restored or renovated using historically accurate methods and materials. Some insurance companies provide special coverage for historic homes, including coverage for the cost of repairing and replacing unique features.

The difference between modern homes, newer homes, and new construction

A modern home refers to a home with Modern or Contemporary-style architecture, which features open floor plans, natural materials, and clean and elegant lines. These homes tend to have large or oversized windows that allow for plenty of natural light and command stunning views. They may have flat or low-pitched roofs as well as integrated outdoor living spaces. Lastly, modern homes may have smart features and energy-efficient components. Modern homes can be found throughout Denver.

While modern homes are associated with a specific architectural style, newer homes and new construction are distinguished by the age of the property.

Some of the main differences between newer homes and new construction include:

When buyers talk about modern homes, they are usually talking about newer homes or new construction though it is certainly possible for a newer and new construction home to have Modern or Contemporary design. Making the distinction between these three categories will help guide your property search.

THE DIFFERENCES BETWEEN BUYING A HISTORIC HOME AND MODERN HOME IN DENVER, CO


Historic and modern homes offer different lifestyles and experiences for buyers:

Deciding between historic and modern homes depends largely on your personal preferences, lifestyle needs, and the kind of experience you want to get from living on the property.

The advantages of buying a historic home in Denver

Buying a historic home has several advantages, including:

Buying a historic home can be a rewarding experience if you have an appreciation for Denver’s history, heritage, and architecture. However, it’s important to evaluate the condition of the home as well as anticipate the costs and the amount of time needed for long-term maintenance and renovation.

The advantages of buying a modern home in Denver

Buying a modern home, newer home, or new construction comes with several advantages, including:

While modern homes are more convenient and lower maintenance, newer homes and new construction can also be more expensive than older homes and may not have the same character as historic homes.

Factors to consider when deciding between a historic and modern home in Denver

Architectural style

When deciding between modern and historic homes in Denver, choose the one with an architectural style that truly speaks to you. Home design goes beyond aesthetics as it typically reflects the values of the individual buyer as well as the larger community that surrounds it.

Maintenance and repairs

When choosing between newer and historic homes, it’s important to be realistic about your willingness to commit to long-term maintenance and upkeep. You may need to undertake a large-scale restoration or renovation project depending on the age and condition of the home. While there are grants and tax credits to help buyers cover the costs of preserving historic homes in Denver, this is also a time and labor-intensive process. You will also need to coordinate with the appropriate conservation groups to gain approval for certain projects and alterations.

Building codes and regulations

Choose a home that is up-to-date with building codes and safety requirements for residential use, regardless of the age and architectural style of the property. You may need to bring a historic home up to date with modern building codes and safety standards depending on its unique history, workmanship,  and construction.

Lifestyle

The home you choose should ideally have the kind of features and amenities to accommodate your lifestyle as well as the needs of your household. Choose a historic home that has the right combination of architectural integrity and functionality needed for day-to-day living.

Historical significance

Buying a historic home is like owning a valuable piece of Denver history. It comes with a sense of pride as well as a certain amount of responsibility since preserving historic structures is essential to protecting the city’s character, heritage, and identity for future generations.

LIVING IN A HISTORIC HOME IN DENVER

There are several historic homes in Denver that are still occupied by residents:

WORK WITH A HISTORIC HOMES SPECIALIST

If you have your heart set on a historic home in Mile High City and the surrounding areas, I’d be more than happy to assist you. I’m Mark Muller, a Historic Homes Specialist with Coldwell Banker‘s The Historic Denver Properties Group. You can reach The Muller Group today by calling us at +303.941.6926 or sending us a message here.

As a Neighborhood Concierge and Certified Pricing Strategy Advisor with the National Association of Realtors (NAR), we offer in-depth knowledge and expert real estate guidance on buying and selling historic properties in the Denver area. Gain access to the finest listings in the local housing market and make sound decisions when buying historic homes in Denver when you get in touch with my team.