Home Renovations Are on the Rise — With Some Restrictions
Since the economy has bounced back from the recessionary landscape that many of us remember all too well, more and more Americans are choosing to make renovations to their homes. Research shows that since 2012, the number of home owners making renovations has increased by 7%. Furthermore, Boston.com reports that according to the Joint Center for Housing Studies at Harvard University, the amount spent on home renovations should exceed a whopping $145 billion in 2014.
But home owners shouldn't break out the paintbrushes and hammers just yet.
Many towns and cities across the U.S. have national and local historical districts which limit what a home owner can do in terms of exterior renovations. The national list, the National Register of Historic Places, is the first place home owners should...