Local incentives and historic tax credits can make historic rehabilitation more attractive. The baseline definition of “historic” is typically an age of 50 years or greater. These incentives may require a certain level of preservation of inter

Local incentives and historic tax credits can make historic rehabilitation more attractive. The baseline definition of “historic” is typically an age of 50 years or greater. These incentives may require a certain level of preservation of interior spaces or finishes, in keeping with the building’s character and historic fabric, but do allow for a significant amount of adaptation.

Reusing building elements is often labor-intensive, due to restoration needs and needing contractors to work around these elements. However, avoiding the purchase of new materials while reducing construction waste can lead to significant cost savings. Doi

Reusing building elements is often labor-intensive, due to restoration needs and needing contractors to work around these elements. However, avoiding the purchase of new materials while reducing construction waste can lead to significant cost savings. Doing a budget comparison between restoration and new construction costs will help building owners make informed decisions.