Smoking in and around your House can negatively affect the Value. Potential Buyers may not even come inside if the smell of cigarettes, pipes, or cigars is too strong. Some Real Estate Agents will not even List a home that has excessive smoke odor!
How Smoking Affects Your Home Value
Smoking is expensive. Not just expensive in the health and wellness aspect, but expensive in the dollars sense. Other than the cost of cigarettes, smokers lower the value of their home with every puff indoors.
Last week I took ready willing and able buyers to see a home which seemed to have everything. The pictures look good - Colonial on a quiet street, plenty of land, good location. Yet, it has been sitting on market on market for 200 days, so we knew something was wrong. With an open mind, we went.
Outside we saw the ashtray, and the smell of smoke was noticeable. "What's that smell?" Asked the buyer. "Smokers," I replied. We hoped the smoke was limited to the outdoors.
After a walk around the pretty yard we went in. Open the front door, and like a punch in the face, there it was.
The smell of smoking was so bad, we didn't get past the front door. We were not ready to look at the house if it was perfect in every other way. We were not ready to subject the baby we had in tow to this home.
What a shame. I wonder how many ready, willing, and able buyers didn't make it through the front door.
Disclaimer: Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice. For legal advice see an attorney. For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.
Frederick Griffin, Licensed Real Estate Broker Tallahassee, Florida