A new survey was conducted by Pfizer Canada that asked real estate brokers and agents in the province of Ontario about the price changes that could occur due to an owner smoking in their home. The survey showed that smoking could reduce a property's value by up to 29%. It's important to note, however, that Pfizer Canada is a pharmaceutical company that promotes a medication to help smokers quit the habit!
How Smoke Smell Affects Home Resale Value
During the course of the study it was found that 401 brokers and agents agreed that smoking does make selling a home more difficult when compared to one that is smoke-free. More than half of the professionals surveyed, 56% of them, said that the buyers they work with are less likely to buy a home where
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