What Local Historic District DOES NOT do: · Does not regulate paint colors · Does not require repairs or renovations to be made · Does not increase taxes beyond normal increases for the City or County · Does not prevent additions · Does not prevent non-contributing homes from being demolished · Does not require use of historic materials or historic building methods · Does not require that you open you home to the public · Does not restrict routine maintenance of properties
What Local Historic District DOES do: · Recognizes that Oakhurst has a distinctive historic character important to the overall character of the City of Decatur · Encourages creative and compatible development with historic areas · Requires that a Certificate of Appropriateness be obtained for exterior changes to contributing properties, demolition of buildings, and new construction. · Applies only to major renovations to the exterior of your home. Interior renovations are not restricted.

Wednesday, July 11, 2007

The Economic Benefits of Historic Preservation in Michigan

The Economic Benefits of Historic Preservation in Michigan, Technical Report (Oct.‘02) - prepared for the Michigan Historic Preservation Network
“Summary of Findings”
The property values debate—‘What effect does local historic district designation
really have on property values?’—is a complex issue involving multiple variables
that change widely by community. Our Michigan research supports the
conclusion that local historic district designation does not decrease property
values. This effect was not observed in any of the case studies researched for this
study or in any similar national studies. On the contrary, property values in the
designated areas experienced value increases that were either higher than, or
similar to, nearby, non-designated areas.”