These condos at the former Richmond Memorial Hospital in northside are really quite intriguing. You should stop by there sometime just to get a gander at the the lobby which was beautifully restored to its stunning mid-century modern self.
The original hospital building was completed in 1957, just in time for my brother to be born there. My older sister was born there about a year later, and I made my debut a few years after that. Here’s my crib card. Which way to Room 303A?
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After
Here is the Alliance to Conserve Old Richmond’s Neighborhood’s page on the tax credit service that they offer. Aren’t we lucky to have such a great organization making sure we keep the charming parts of our city as we venture forth, redefining ourselves constantly?
What are Historic Rehabilitation Tax Credits?
Rehabilitation Tax Credits reduce the amount of income taxes owed by taxpayers who rehabilitate qualifying historic buildings. If your renovation meets certain requirements, you may be able to claim 20% of qualified rehab costs as a credit on your federal income taxes and 25% of qualified costs on your state income taxes. That’s a possible savings of up to 45 cents on every dollar you invest in a renovation project. To be eligible for the program, your building must be certified as contributing to a historic district listed on the National Register of Historic Place and the Virginia Landmarks Register or it must be individually listed on these registers. In order to claim the federal tax credit, your building must be income producing. However, the state credit is available for owner-occupied as well as income-producing properties. Read more…
The eldest Baby Boomers are beginning to retire, and many who are entering the housing market today are likely to downsize. Attached homes may appeal to them because of the reduced need for maintenance. If they are beginning to find that stairs are difficult to navigate, they will favor one-story floor plans. Many Baby Boomers still consider themselves to be young and vital. Indeed, they are far more health conscious than previous generations. Advances in medicine and increased longevity should make them an active part of the housing economy for years to come. Read more…
Location, location, location! The most important characteristic when determining the value of real estate continues to prevail. When you decide where to live, you are not only choosing a home, you are buying into a neighborhood. A community’s physical and social qualities have a major impact on the market value of the house, the desirability of the neighborhood and the lifestyle of its residents. Read more…
The first-time home buyer tax credit is coming to an end on April 30th — to qualify for the $8000 tax credit you must have a ratified contract by April 30th and close by June 30th. Same thing for the $6,500 move-up tax credit for those who have owned (and lived in) their home for 5 of the past 8 years. Time to get home.
New Oregon Hill listing! Cozy home on cul-de-sac. 3 BR, 1.5 baths, great deck out back. $222,000. Open Sunday, April 11th, 2-4 p.m.
<<More details…>>
The original hospital building was completed in 1957, just in time for my brother to be born there. My older sister was born there about a year later, and I made my debut a few years after that. Here’s my crib card. Which way to Room 303A?
