What do Sarasota, Charleston, Boston, and Savanna have in common?
All four, and hundreds more communities like them, have historic preservation programs designed to identify and protect their unique heritages. Protecting the historical resources of a community enhances overall property values and facilitates resale opportunities. Historic resources are homes, commercial buildings, farm buildings, bridges, public fountains, walls and markers, to name a few. A few benefits to historic designation include: • Preservation programs within historic districts often increase the value of individual homes. • Historic districts have distinct identities that add to their value as a place. • Historic designation can have a tax exemption benefit for historic properties. Designation, Tax Exemption for Historic Property The Tax Exemption Ordinance: Sarasota County’s tax exemption regulation, Article V of chapter 66 of the Sarasota County Code, allows property owners to apply for an exemption on the increase in the assessed value attributed to qualifying improvement
