Historic Districts
The Town of Louisburg has two specific Historic Districts within the Town. The first district was established in the late 1980's as a result of an inventory of structures to be listed in the National Register of Historic Places. A line was delineated around those areas where the National Register Homes were located and the area was then referred to as the "Historic District". Today, this area of original delineation is known as the "National Register District".
The second district was established by the Louisburg Town Council after review and recommendation of both the Historic Preservation Commission and the NC State Historic Preservation Office. This district, known as the Louisburg Historic District, is a "local historic district" as identified and authorized by NC law. The Louisburg Historic District is in essence a zoning layer applied to specific delineated area of Town. Properties located within this District are subject to the provisions of the Louisburg Historic Ordinance and the associated HPC Rules of Procedure.
The Louisburg District is located in the heart of the residential district north of the Tar River. Centered by N. Main St., the district extends from Franklin St. to Jolly St. and from the western end of Sunset Ave. to the eastern end of Noble St. Please see the attached map of the District.
Research has shown that local historic districts have a significant impact on the economics and tax values in the community. The increase in property value can be the result of many variables, including:
- Demand for and limited supply of large, older homes with specific architectural styles and character defining spaces,
- The value of knowing that adjoining property owners must comply with certain standards of rehabilitation assuring that neighbors actions won’t diminish the value of property owners,
- The availability of State and Federal Grants,
- Tax Credits which make renovations more affordable and sales more profitable,
- The resurgence of individuals wishing to reside in the urban core with all of the associated amenities such as sidewalks and quick access to municipal services, and
- The cost effectiveness of the renovation of large square footage homes with many historic architectural features and character defining spaces compared to the cost of new construction with similar features and spaces.
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