Photo: Robert Korner
A spooky history can devalue a home by up to 20 per cent, according to new research from Move with Us. The survey of estate agents found that 83 per cent felt that a home with a scary history could cause a property to lose up to a fifth of its value.
Potential homebuyers can be spooked by the stigma of past events, which might include a home being built on top of a graveyard, a former crime scene or rumours that it is haunted. As a result, while your house price may only slip slightly, it can be twice as difficult to sell the home compared to a normal property.
Robin King, Director, Move with Us, commented: “A house with a chequered past can come with a stigma attached to it, particularly to those who live locally and have pre-conceptions of the property. With this sort of property, buyers often put in a lower offer or will use the history as a bargaining tool.
“For anyone looking to sell a home with a spooky history there are still a number of things that you can do to help sell the property for a higher price. Presentation really is everything and giving the property some serious curb appeal will help get viewers through the door as well as dressing the home in a way that creates an aspiration for a certain lifestyle.”
Source: The Movechannel