Smoking impacts home prices

By
Real Estate Agent with Realty Group Referrals 16766

Smoking impacts home prices

 

“A recent study of real estate agents in Ontario, Canada, found that smoking can reduce a home’s resale value by 20 percent. The study was commissioned by Pfizer Canada, a pharmaceutical manufacturer.”  Daily Real Estate News

All of us know that it is more difficult to sell a home where pet, dampness or smoking odors can be noticed. Deep cleaning will sometimes remove most of the evidence. Smoking is banned in many rental homes and buildings that have public access and now many colleges and universities are also banning smoking anywhere on the property. Secondhand smoke has been the health concern behind most of the bans.

Now, consumers are worried about thirdhand smoke that lingers long after the smoke has cleared.  “Researchers at Lawrence Berkeley National Laboratory in California recently published a study in a medical journal that claims that they’ve shown thirdhand smoke can damage human cells and is a carcinogen that can affect people’s health. The study says it found thirdhand smoke in dust and on surfaces of rooms more than two months after the former home owners had moved out.”  Daily Real Estate News

Real estate professionals may soon be facing more disclosures. We may need to disclose that the home has been occupied by smokers. Home owners may find that smoking can greatly reduce the value of their property.

Are you finding that home buyers are more concerned about homes that have been occupied by smokers?  

 

 

Butterfly, Lewis Ginter Botanical Garden IMG_8775

Photograph by Roy Kelley using a Canon PowerShot G11 camera. 

Roy and Dolores Kelley Photographs

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Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

Comments (85)

Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Roy,

Fresh paint a a lot of Fabreeze. problem solved. But many owners don't even do that.

Have a great day in Gaithersburg my friend.

Best, Clint McKie

Aug 26, 2013 11:52 PM
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

It is amazing how bad a home can smell that has pets or smokers in it. The occupants become accustomed to the sell whiel everyone else gags when entering.

Aug 27, 2013 12:17 AM
Phil Stevenson, CRMP
PS Mortgage Lending 305-791-4874 or 888-845-6630 - Miami, FL
"Mortgage Nerd" in Miami, Florida and Texas

Roy,

I think odors of any are possibly detrimental to home sales. No one wants to sell the odors left behind by someone else. Having said that though, I do think people are becoming more concerning with second and third hand smoke than they were before. The shift to anti-smoking or controlled smoking areas is happening and it's only going to get worse.

Aug 27, 2013 12:30 AM
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Every buyer I have ever worked with has refused to tour a home that smells like smoke.

Aug 27, 2013 01:31 AM
Robert Smith
Preview Properties, PC - http://www.RealEstateMich.com - Brighton, MI
SRES, Search for Homes Brighton-Howell-SE Michigan

And with the number of people with allergies, there's an issue both for smoky homes and homes with pets.  A great closing gift would be duct cleaning, though!

Aug 27, 2013 02:39 AM
Bryan Robertson
Los Altos, CA

I've been in homes where the smoke smell is so bad that the walls had to be removed.  No amount of paint could get the smell out.  Certain ethnic food smells are almost as bad.  Basically it comes down to living clean and keeping the smells to a minimum.

Aug 27, 2013 03:02 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Roy, We had tenants that smoked and we repainted and cleaned and steamed and deodorized the carpets and have run an ozone machine for two months. It is a turn off even to renters. Next step is to change out the carpet.

Aug 27, 2013 04:07 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Roy, 

Congrats on the feature and I find bad odors in any home brings down the market value. Smoking in Katy will most likely kill interest immediately. I have been told there is no fool proff way to get rid of all the bad odor. Thanks for excellent blog. 

Aug 27, 2013 06:07 AM
Glenn Freezman
Family Abstract, Inc. - Horsham, PA

Congrats on the feature.

Anyone that thinks smoking doesn't kill is lying through the hole in their Trachea!

Aug 27, 2013 06:48 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I wouldn't doubt that 20% reduction in value at all!  I will say that in recent years, I'm finding fewer and fewer homes that have that horrible embedded stale smoke smell.  As a whole, we are getting better at winning this battle.  

Aug 27, 2013 08:51 AM
David Burrows
Classic Realty - Fairfax, VA
No Pressure, Just Seriously Devoted to Real Estate

Roy, I have had buyers request right up front to not be taken to a house that had smokers. I've explained to them that most of the time we won't know until we get in the front door. It's been at that point in time the buyers have simply turned around and walked out without viewing the property. 

Aug 27, 2013 09:01 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Roy, You can definitely tell if the onwers are smokers, but haven't visited a home with the smoke smell for a while. We do have a new agent and I knew right away that she smokes...the smell was definitely in her hair, clothes. WHen I walked into the duty office where she was sitting to introduce myself...the room reeked of smoke.

Aug 27, 2013 12:13 PM
Pam Graham
All Real Estate Options - Jacksonville, FL
Jacksonville, Clay & St Johns Counties

I haven't ran into that issue much, because most sellers who do smoke, don't smoke in the house. If they do smoke, it does take time, effort and money to get the smell and other evidence out of the house.

Aug 30, 2013 09:38 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much for your comments. It is always good to receive your feedback.

Aug 30, 2013 09:46 PM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Aug 31, 2013 12:21 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope people will read this post and stop smoking.

Aug 31, 2013 09:43 PM
Joanna Cohlan
Fresh Eyes For Your Home - Chappaqua, NY
Designing, Decorating & Staging Westchester Homes

I know that when I walked into my current house, the smokey smell was really present and it took us a while to get rid of it-and it was a negotiating point! Good post Roy!

Aug 31, 2013 11:09 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for Kathy Streib for her special feature recognition.

Enjoy the holiday weekend.

Aug 31, 2013 11:39 PM
Debra Hight
Coldwell Banker United, Realtors - Houston, TX
Debra Hight

Odor remediation is a must, and I agree with some of the other posts that a coat of paint doesn't always solve the problem.

Sep 02, 2013 03:49 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Roy,

I'm over from Kathy's post on Sunday..well deserved featured post. No question in my mind that a smokers house brings less money..didn't know it was 20% but am not surprised!

Sep 02, 2013 11:12 AM

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