Can knowing the history of a home increase its value or perhaps decrease it?

In the UK and Europe the houses are a lot older than here in Australia. Many of these older houses have a known history and proudly display signage to proclaim this.

In Europe the houses are a lot older than here in Australia. Many of these older houses have a known history and proudly display signage to proclaim this.

Ok, I know that our cities and suburbs are relatively young compared to Europe, with many suburbs, or areas of a suburb, less than 100 years old. Here in Australia we tend to think a Victorian house or even a Post-war home as old. In my street we have a mix of house styles ranging from the ‘between the wars’ Queenslander, like ours, through to the low set brick home that was built last year (and which generated a lot of tut tutting from those owner occupiers in the street, its unsympathetic style marring the streetscape – but more of that in another post). So my question is ‘if the Queenslander is one of the oldest houses in the street, and most likely in the suburb, and we can discover its history, is this likely to make it more attractive to buyers?’ Read more