(Image credit: Matt Cuddy/Century 21 Cuddy)
Homeowners dedicated to keeping the design trends of the past alive have taken their love of all things vintage to an entirely different level. Remaining stuck in the past has never been in style, but the increasing number of buyers interested in living in a time capsule home suggests that a change is on the horizon.
Apparently, retro vibes are all the rage, which means decades-old interior decorating ideas that most of today’s homeowners would openly scoff at are the very details attracting would-be time capsule home buyers, including shag carpeting, popcorn ceilings, gas ranges and pastel-colored bathroom tiles. (Brady Bunch house, anyone?)
So, what places a home in the time capsule category, and furthermore, what’s behind all this nostalgic design fever? The defining characteristics of a time capsule home are its status as a single-owner property as well as the extent to which the original elements are kept intact, down to the amenities and even the furnishings.
Ed Murchison of Virginia Cook Realtors in Dallas told The Wall Street Journal that many of the young buyers he works with are willing to pay extra for a home that has the vintage look, a trend he says is inspired by Mad Men. We get it: The stylish lamps and lighting fixtures, the wood paneling and the muted colors from the show’s 60s-inspired set still provide some majorly groovy design inspiration.
While time capsule home-seekers and buyers realize the value of the nostalgia, quality construction and unique design of these residences, both parties should move forward with caution because in some cases, the risks could outweigh the benefits. As is commonplace with purchasing an old house, buyers could find themselves facing building code violations and safety hazards. And for sellers, the costs associated with getting a time capsule home market ready are steep.
Read more over on the The Wall Street Journal.