10 Questions to Ask Before Buying a Historic Home in Silicon Valley
Presented by Melanie Ventura Realtor & Attorney | Silicon Valley Historic & Luxury Home Specialist
Introduction:
Purchasing a historic home can be one of the most rewarding real estate experiences—but it’s not without complexity. Use this checklist to guide your conversations, planning, and due diligence as you explore the unique opportunities that historic properties offer in Santa Clara County.
1. Is the home officially designated as "historic"?
• Check whether the home is listed on the National Register of Historic Places, a local historic register, or within a conservation district. This affects what you can (and can't) do to the property.
2. What types of renovations or exterior changes are restricted?
• Are there local ordinances, preservation guidelines, or HOAs that limit renovations?
3. What financial incentives are available?
• Ask about the Mills Act (if applicable), state/local grants, and rehabilitation tax credits.
4. What’s the condition of major systems?
• Inspect plumbing, electrical, HVAC, foundation, roof, insulation, and drainage.
5. Does the home contain lead paint, asbestos, or knob-and-tube wiring?
• These issues can affect both safety and insurance coverage.
6. Are there insurance limitations or higher premiums?
• Some insurers charge more or restrict coverage on vintage homes.
7. Is there a history of unpermitted work?
• Older homes often come with DIY renovations that may not be up to current code.
8. Can you afford ongoing maintenance and restoration costs?
• Budget for more than cosmetic updates—older materials and craftsmanship often require specialists.
9. What are nearby comps and resale trends for historic homes?
• Evaluate if historic homes in your area appreciate at or above market pace.
10. Are you emotionally ready for the responsibility?
• Historic homeownership can be incredibly fulfilling—but also labor-intensive. Be honest with yourself about your bandwidth.
Final Tip:
Work with a professional who understands both the legal and lifestyle aspects of historic homes. Melanie Ventura brings 20+ years of experience helping buyers make informed, confident decisions about legacy properties.
Contact Melanie for a private consultation:
www.MelanieVenturaHomes.com
DRE #01272805
Phone: (408) 590-4272
