The Charm and Challenges of Owning a Historic Home in New Orleans

Mar 12

Is a piece of New Orleans history the right home for you? Let’s explore the magic—and the maintenance—that comes with it.

I remember the first time I walked through the doors of a historic New Orleans home. The scent of aged cypress and heart pine filled the air, and the floors creaked beneath my feet, whispering stories of the generations who had lived there before. Sunlight filtered through floor-to-ceiling windows, casting intricate shadows from wrought-iron balconies onto original hardwood floors.

It was love at first sight.

For many, owning a historic home in New Orleans is a dream wrapped in nostalgia—a chance to live within the city’s rich architectural heritage. But behind the ornate corbels and grand front porches, there’s also the reality of maintaining a piece of history. Before you take the plunge, let’s break down the pros and cons of owning one of these iconic homes.

The Pros: Why People Fall in Love with Historic NOLA Homes

1. Unmatched Character & Craftsmanship

New Orleans’ historic homes—whether Creole cottages, shotgun houses, or grand Greek Revival mansions—weren’t built in a rush. They were crafted by artisans who used materials that have stood the test of time. The intricate crown moldings, hand-carved woodwork, and original gas lanterns tell a story you just don’t find in modern construction.

2. Connection to the City’s Rich History

Owning a historic home isn’t just about square footage and property value—it’s about being part of New Orleans’ story. Your home might have survived the Great Fire of 1788, housed a jazz musician in the 1920s, or been a haven for Mardi Gras revelers for over a century. It’s a living piece of the past.

3. Beautiful, Walkable Neighborhoods

Many historic homes are in prime locations, surrounded by iconic oak-lined streets, bustling coffee shops, and friendly neighbors who have been in the area for generations. Whether it’s the French Quarter’s lively energy, the elegance of the Garden District, or the charm of Bywater’s artsy community, these homes place you in the heart of New Orleans culture.

4. Potential Financial Incentives

The city and state offer historic tax credits and grants for preservation efforts. Homeowners may also qualify for reduced property taxes if the home is on the National Register of Historic Places. Plus, well-maintained historic homes tend to hold or increase in value, making them solid long-term investments.

The Cons: The Reality of Owning a Piece of the Past

1. The Maintenance Never Ends

Let’s be honest—historic homes are beautiful, but they come with constant upkeep. You’ll likely deal with aging plumbing, outdated electrical systems, and the occasional surprise (like a hidden fireplace or termite damage). Repairs can be costly, and finding materials that match the original design isn’t always easy.

2. Strict Preservation Rules

New Orleans takes historic preservation seriously, which is great for maintaining the city’s charm but can be frustrating for homeowners. If your home is in a historic district, you might need approval from the Vieux Carré Commission (if in the French Quarter) or the Historic District Landmarks Commission (HDLC) before making exterior changes—even repainting your shutters!

3. Hurricane & Flood Risks

Many historic homes predate modern building codes, which means they weren’t built with hurricanes in mind. While the classic raised foundations help with flood concerns, some homes still require significant reinforcement, from storm shutters to updated roofing. And yes, insurance can be expensive—especially for homes that haven’t been updated to meet current safety standards.

4. Quirky Layouts & Small Closets

If you love open-concept living and spacious walk-in closets, a historic home might not be your best match. Many were built before modern conveniences, meaning you might have to embrace tight staircases, unconventional room layouts, and minimal storage. On the flip side, that’s part of the charm!

So, Is a Historic Home Right for You?

If you dream of owning a home with soul, character, and a deep connection to New Orleans, the quirks and upkeep might just be worth it. But if you’d rather have a maintenance-free lifestyle with modern amenities, you might be happier in a newly built home with historic-inspired design.

For those who can’t resist the call of history, my advice? Find a home that has already had major updates (electrical, plumbing, roof) while still keeping its historic integrity. And work with an agent (hi, that’s me!) who knows the ins and outs of buying, insuring, and maintaining these timeless beauties.

Thinking about buying a historic home in New Orleans? Let’s chat—I’d love to help you find one that tells the right story for you.

Kayla Springer