Friday, 20 May 2022 | The Latest Buzz for the Appraisal Industry

What’s that Smell Worth? Insights from a Seasoned Appraiser

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay.

For example: I had an assignment to appraise a 3,500 sq. ft. four-year-old masonry house of well above average quality construction. It was unoccupied so I used my MLS Lockbox key for access.

Upon entry, I noticed an intense odor from animal waste,

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