Impact of cigarette smoke on property values: Another reason to consider designating a building smoke-free
(Canadian Apartment Magazine) – Smoking is not only deadly, it can kill property values as well. According to a recent survey of Ontario realtors, sponsored by Pfizer Canada, smoking in the home can reduce the value of a resale property by up to 29 per cent. A resounding 87 per cent of respondents said it lowers resale value, and nine in 10 real estate agents and brokers surveyed said smoked-in homes are more difficult to sell.
Read the article from Canadian Apartment Magazine.