Asbestos in a house’s walls or ceilings is a bigger turn-off for buyers than a suburb’s crime rate, bad smells, or being near a noisy pub, new data suggests. Just over half said asbestos would be an issue, followed by an above-average neighbourhood crime rate for 49 per cent of respondents. “Things like bad smells, asbestos or a lack of natural lighting are unattractive to potential buyers, but these can usually be rectified before going to market,” he said. “Common issues like living on a main road or near a noisy venue can reduce the price of a property. Josh Sorenson/Unsplash Pet smells were a concern for a significant number of potential buyers.

Source: Stuff July 29, 2020 02:03 UTC