B.C. realtors say smoking lowers a home’s value

Smoking may be even more costly than you think.

The habit can also lower the resale value of your client’s homes, finds a study by the BC Lung Association and the Heart and Stroke Foundation

“Our survey findings suggest that in addition to undermining health, homeowners who smoke are burning a hole in their pocketbooks,” says Scott McDonald, CEO of the BC Lung Association in a release.

In fact, the survey finds that more than half of B.C. realtors say a home’s value can decrease by about 10% if the current owner smokes. And selling it can be even more difficult — 76% of realtors say buyers are less likely to purchase the home.

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