Historic house gets tax break support for rehab
The new owner of the historic Home Sweet Home house received Minot City Council approval Monday for an eight-year property tax abatement through the city’s Renaissance Zone and historical tax credits from the State Historic Preservation Organization to rehabilitate the property.
The request now will be submitted to the state for approval.
Applicant Amy Jenkins has been working on restoration since she and her husband, Jacob, purchased the house for $500 in a city auction in December 2022. The city acquired the house, which had operated as a gift shop until 2018, to make way for the flood protection project. It moved the house across the street to 110 4th Ave. NW after the State Historical Society determined it should be preserved.
Jenkins estimates rehabilitation will require a $280,000 investment.
According to submitted documents, the proposed rehabilitation project includes sanitation and mold mitigation, adding a turret style roof, siding and windows, exterior doors, a one-story addition on the rear side of the house, roofing and skirting, decorative features, woodwork and interior doors, upgrading of utilities, interior walls and ceilings, new sub-flooring and disability accessibility.
The proposal for the property indicates the Victorian house would become short-term guest accommodations and a tea garden.
An estimated $48,800 in property taxes would not be collected during the eight years of the Renaissance Zone tax breaks, the city assessor’s office reported.