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Blog by Mary Roy

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Property Value: Does Smoking In the Home Matter?

Watch the Video at: www.ctvnews.ca/video?clipId=914283

Homeowners could risk losing big if they're also smokers, a survey of Ontario real estate agents and brokers suggests that smoking in the home will cost you when it comes time to sell.

A recent survey of Realtors & Brokers suggests:

  • Smoking in the home can reduce the value of a resale property by up to 29 per cent.
  • 25% of Buyers are unwilling to buy a smoker's home and 56% are less likely
  • Sale Price could be 10-30% Less Than a Non-Smokers home
  • 44% of people surveyed said that smoking affects the Re-Sale Value


"Smoking has a profound impact on how appealing a home is to a prospective buyer," said David Visentin, a real estate agent and co-host of the W Network's Love it or List program.

"It stains walls and carpets, and leaves a smell that can be hard to eliminate. Many prospective buyers are really put off by homes that have been smoked in and they can be very challenging to sell."

Source: http://www.cbc.ca/news/business/story/2013/04/16/business-smoking-housing.html



Have you ever spent countless hours search through the MLS system seeing the same homes over and over again looking for the perfect home, hoping to find something new?   Then, when you do find what could be your dream home, you call the listing agent only to find out it has already sold?


Mary Roy & Team have been selling homes in the Durham Region since 1987!  Ranked in the top 1% of Realtors across the GTA and Durham Region, we know what it takes to get homes sold fast, and for the most money.We provide each of our clients with a comprehensive plan of action outlining exactly what will be done to get their home SOLD and for the MOST MONEY! We will provide you with up-to-date information on your marketplace, as well as the price and details of competing properties.