Does Tobacco Smoke Residue Decrease My Home’s Value?
Unfortunately, it most certainly does, in fact, it can decrease the value up to 30%. We know that might be a shocking number, considering your home is supposed to be one of your best investments.
According to a recent article on ThirdHandSmoke.org
Thirdhand smoke is the chemical residue left behind by secondhand smoke that lingers for months in dust and on household surfaces. It can also become embedded in carpets, furniture, fabrics, and building materials, turning them into reservoirs of pollutants.
When people smoke in their homes, the chemicals in tobacco smoke build up over time leaving a toxic thirdhand smoke residue on carpets, furniture, walls, doors, and ceilings. This toxic residue lingers long after the smoke clears, and even after smokers moved out. According to one survey of real estate agents, evidence of thirdhand smoke in a home, such as stale tobacco smell or stains on walls or fabrics, reduces the selling price of a home by as much as 30%. That means if you live in a neighborhood where most homes sell for about $500,000, the home that smells like stale tobacco smoke will sell for around $350,000.
To read the full article, click HERE