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.

Thursday, July 19, 2007

The Economic Benefits of Historic Designation

The Economic Benefits of Historic Designation, Knoxville, Tennessee (‘96) – prepared for the Knoxville – Knox County Metropolitan Commission, Knoxville Tennessee by Ann Bennett

“All of the neighborhoods have experienced an increase in average sales price per square foot. Old Knoxville North, with a 157% increase from 1990 through 1994, has seen the most dramatic rise in value, with the other two study areas also experiencing an increase that far exceeds the average for Knox County as a whole. The greatest increases were in the two historic areas.”

2 comments:

Bob Reno said...

The Druid Hills neighborhood, which contains some of the oldest homes in the city, only requires historical accuracy on the front of the home. Why is it that we are considering stricter standards than one of the oldest neighborhoods in Atlanta, a neighborhood that contans homes designed by and lived in by some of the most well known people of the city, and of the world? Requiring only the front of the home to meet historical standards seems that it would achieve any goals considered by a preservationist point of view while allowing people to actually create a home that meets the needs of a modern way of life.

facilitator said...

Please see post for 7/25/2007 for response from facilitator